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This Week's Most Popular

The Pros and Cons of Offshoring

Published Monday, November 01, 2004

Many businesses tout offshoring as the logical approach to global competition. In certain circumstances, it saves money and enhances profitability, and office and industrial markets succeed when the overall economy is growing. However, there are numerous hidden costs and cultural and political problems. Just as the best and brightest commercial real estate executives have adapted to the technological and social changes of the past 60 years, so shall we adapt to offshoring and learn how to deal with its negative consequences and profit from its positive outcomes, both as an industry and as a nation. The Cons While ...

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