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Alternative Slides If a copy of Two Million Minutes is not available or you would like to shorten the length of your meeting, use the following slides in place of slides 25-33. Global Worker Availability and Wage Requirements. LOW-SKILL WORKFORCE. HIGH-SKILL WORKFORCE. Global Worker

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Alternative Slides

If a copy of Two Million Minutes is not available or you would like to shorten the length of your meeting, use the following slides in place of slides 25-33.


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Global Worker

Availability and

Wage Requirements




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Global

Worker

Education


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ECONOMIC REALITYWhat does ready mean in a global economy?


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COLLEGE REALITYWhat does ready mean in college admissions?


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Outsourcing

Reality


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LOW-SKILL WORKFORCEOutsourcing

  • U.S. companies began outsourcing in the 1960’s because of the low cost of labor.

  • As transportation and communications improved so did the outsourcing of manufacturing jobs.

  • Textiles  Televisions

  • Shoes  Stereos

  • Radios  VCRs

  • Toys  Auto parts


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HIGH-SKILL WORKFORCEOutsourcing

  • The 1) reduction of communication costs and the 2) standardization of software packages have now made it possible to easily outsource high-skill jobs.

  • Customer services  Medical transcription

  • Telemarketing  Tax preparation

  • Document management  Financial services


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HIGH-SKILL WORKFORCEOutsourcing

WHAT CEOs SAY:

Everything you can send down a wire is up for grabs.

Nandan Nilekani, CEO, Infosys Technologies, India

There is no job that is America’s God-given right anymore.

Carly Fiorina, Former CEO, Hewlett-Packard, U.S.A.


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Cultural

Reality


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