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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (61385)	2/22/2010 6:33:00 AM
From: elmatador	Respond to of 217593

not good news for the long term price of ANYTHING. Here is why. 1) Capital spreading more evenly. 2) Education spread more evenly too. That causes: 1) Is happening because the cost of money has dropped. That allows Vale tro go to Mozambique and increase production. 2) Is happening because the shirtless have been sending their kids to school much more then in the past. For instance. Someone called me today: Needs a General Manager: QUOTE This could involve the migration of the staff from the operator over to the vendor, outsourcing to India... UNQUOTE Outsourcing that from Congo, Zimbabwe and Malawi to India. The locals cannot do the work. Costly to bring expatriates engineers? Send the work to India! Someone wrote here: As education is spread more evenly we lose the premium we charged for our work. That because more people can do that job cheaper. I have kept my income by moving upmarket for the pat 17 years. Moved up from Project engineer since these jobs Filipinos could do cheaper. So I became coordinator of Filipinos. As the Filipinos could coordinated by another Filipino, I became project Manager. As many other nationalities became project managers, I became a ‘project troubleshooter’, solving mess those newcomers were doing. As the market learned how to deal away with the incompetent, there were less troubleshooting project managers required. Chinese ZTE and Huawei came to the market, I am now managing the implementation of projects executed by those Chinese vendors who require different skills. The other nationalities complain they’ve lost jobs: Motorola, Nortel, Siemens, Lucent and Alcatel all suffering or vanished Those project managers complain. I use the Chinese as an opportunity to keep the premium I have always charged.