Accenture sent some jobs to India to cut their costs because American labor is expensive. What a triumph.
Japanese car companies may have built factories and created jobs in the US (partly for political reasons), but they remain predominantly Japanese-owned and represent Japanese wealth. Now they are walking all over their American competition because throughout the past 30 years, they have consistently had smarter and more innovative management.
OK.
You win.
So Accenture shouldn’t have gone into India and used India’s strengths against the Indian outsourcers.
Doing nothing, or doing more of whatever they were doing here, was smarter perhaps?
The Indian outsourcers were like a few 100 $million 5 yrs ago and are already in the low $billions now. If the IBMs and the Accentures wait another 10 yrs, the Indians will grow too large to trample. They have low costs and decent quality at that price point. Slowly but surely, business would have gone there, whether we like it or not.
But hey, you’d rather have us going protectionist or worse, Luddite, no? You’re welcome to your opinions, as I am to mine.
/Have a nice day.