3) Are you positioned to tap offshore talent pools for strategic advantage?
The number of foreign-educated students returning to their native countries is exploding, creating an offshore talent pool of highly trained workers that never existed before.
Enter YouTeam, a U.K. startup and recent graduate of Y Combinator, which has created what it calls a marketplace for offshore talent.
Offshore Talent: It's no surprise that, because the U.S. is a very expensive place to do business, service providers are looking elsewhere, namely India, for things like call centers, software development and payment services.
The offshore software outsourcing industry will no doubt continue its hyper-expansion in the next few years as Western firms look for cheap offshore talent to fill that gap, but it is clear that India could stumble and lose its crown.
It is hoped that the concentrated efforts of both organizations will not only move stem cell research forward in Canada and boost the country's reputation in stem cell research, but also retain it's world-class scientists and ultimately attract new talent from offshore.
It reminded me of news stories about corporations increasing profits for executives by laying off homegrown talent and hiring offshore replacements.
IBM said it plans to tap Brazil's scientific talent, rapidly growing economy, and offshore oil discoveries.
What will further make for successful offshore outsourcing are advanced certification, large (virtually unlimited) talent pool, English-speaking workforce and a politically stable country.
Offshore, which won the Booker prize in 1979, showcases her talent as a miniaturist.
