Dr. Mark Lee Ford, GLOBIS faculty, Mr. Edward Hall, Vice President, Chief Financial Officer & Chief Operating Officer at Amway Japan, G.K. and Mr. Houston Ross, Vice President, Chief Information Officer at ING Life Insurance, Ltd Japan talk about the reality of outsourcing and offshoring.
Please Follow @GLOBIS Insights
Title: GLOBIS Talks: "Outsourcing and Offshoring Strategies for Japan: Find the right path for you and your business"
Speakers: Dr. Mark Lee Ford, President and Board Director of The Moneo Company, Edward Hall, Vice President and Chief Operating Officer at Amway Japan, G.K., Houston Ross, Vice President, Chief Information Officer at ING Life Insurance, Ltd Japan
Time and Date: 19:00-21:00, Wednesday, June 5, 2013
Venue: GLOBIS University, Tokyo, Japan
Japan has chased offshoring (i.e., the shifting of corporate functions and jobs to overseas territories) in earnest during the past decade. The pace of its offshoring seems to be accelerating and, with it, the intensity of debate about its benefits and harms.
Opponents claim the loss of jobs in Japan to cheaper labor in China, Malaysia and India, and other Asian neighbors is damaging to Japanese workers and the Japanese economy. Sloppy service, substandard quality and safety, transformation of a supplier into a competitor, and inability to retrain highly educated domestic workers who have been displaced are cited as being among the worst of the ills.
Advocates claim that offshoring does involve shifting jobs to another country, but not necessarily yielding jobs (i.e., outsourcing) to a foreign supplier. Moreover, when jobs are given to a foreign supplier, advocates argue that the supplier has been chosen because it is more efficient, thereby allowing the domestic company to use capital more efficiently for higher value-added work. Corporate functions of the back-office are typically the focus of offshoring and outsourcing: IT software development, infrastructure, and help desk; call centers; accounting; and clerical jobs. Economists claim that this contributes positively to the domestic economy by increasing the need for a higher skilled and educated workforce.
GLOBIS Talks invites you to follow the journeys of Mr. Edward Hall and Mr. Houston Ross in an attempt to sift hyperbole from fact. As COO and CIO of a major consumer products company and financial institution, respectively, they have comprehensively restructured their Japanese companies using outsourcing and offshoring to China, Malaysia and India. Take this opportunity to listen and debate at the front lines and bust the myths around outsourcing and offshoring, be they pro or con. What really works? What does it portend for Japan and for your career here?
Whether you are an office worker, entrepreneur, student, or contemplating an investment in your education to work in Japan, this special episode of GLOBIS Talks will be relevant to you.