In response to the BPO Industry slowing down

Good thread. Major Props to Aranda_Bay. Especially the observation about Obama and McCain,

"McCain's Economic advisor is the former CEO of HP and is a staunch proponent of outsourcing. McCain's general stand re the US economy is globalization. Si Obama isolationist. Unfortunately, Obama's stand will get him to win more votes now that Americans stand to lose more jobs due to outsourcing (-Aranda_Bay)."

Initial Input:
The Off-shoring and Outsourcing Industry is larger than Obama or McCain or any recession. Its just simple business sense, outsourcing cuts costs, no matter how you view it.

The Philippine BPO industry will continue to mature and stratify; hold its position as the voice work destination of choice for the next several years.

The relevant issue will be how the country and this industry's leaders/organizations will pilot it through the next several years.

At least for the next 50 years, I don't think we will see the emergence of an industry that provides at least double the normal salary at entry level. We will probably get up to +/- 30% in fluctuations revenue wise and even through cost cutting aspects through these coming years but the fact remains that Outsourcing is a global historical event akin to the Industrial Revolution with its butterfly effect repercussions.

I concur with Aranda_Bay and would rather wax Quixotic than Sancho Panza my way to an empty savings account. Just in case.

http://www.pinoyexchange.com/forums/showthread.php?t=351518&highlight=marcicinnamon