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Go offshore but do your homework
01 April 2008
It's possible for telecoms companies to use so-called offshore suppliers of technology and services with a clear conscience, but first they should ensure their procurement is responsible and sustainable, writes Meryl Bushell
Meryl Bushell: operating in global markets is something
to be embraced, not avoided
It is nearly five years since the investment bank Goldman
Sachs published a ground-breaking report which forecast that
the BRIC countries — Brazil, Russia, India and China
— would overtake the world's established G6 economic
powers by the year 2050.
In recent years, Indonesia and South Africa have been added to
this list of powerful emerging economies.
In the five years since the Goldman Sachs report, there has
been a huge boom in the offshoring of both manufacturing and
services, with every major telecoms manufacturer sourcing at
least part of its research and development, software
development and component manufacturing from emerging
Despite the prevalence of sourcing from the "BRICs", there is
still a strong nervousness, fuelled by newspaper headline
horror stories, of the pitfalls of such practices.
If you believed everything you read...
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