Wednesday, April 9, 2008
India's People Power? - Rising Costs, Less IP Focus Mean Problems
One of India's biggest challenges is managing its biggest strength: its deep well of young and talented people. Salaries are on the rise for a workforce on the move, making recruitment and training an ongoing issue for India's low-cost service companies.
But the people problem is far from the only issue. At home, battles over inadequate infrastructure dog progress. Overseas, India faces pushback from countries such as the U.S. worried about the loss of domestic jobs to Asia. And India may face a looming crisis in intellectual property. India's R&D outsourcing firms risk being shut out of an intellectual property gold rush.
Wipro execs say they have been struggling to keep up with rising local salaries which have been increasing as much as 15 percent a year
More from here
But the people problem is far from the only issue. At home, battles over inadequate infrastructure dog progress. Overseas, India faces pushback from countries such as the U.S. worried about the loss of domestic jobs to Asia. And India may face a looming crisis in intellectual property. India's R&D outsourcing firms risk being shut out of an intellectual property gold rush.
Wipro execs say they have been struggling to keep up with rising local salaries which have been increasing as much as 15 percent a year
More from here
Labels: Society
PermaLink - India's People Power? - Rising Costs, Less IP Focus Mean Problems posted by Ecacofonix : 8:16 AM
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