Why President Obama Should Be Less Concerned About Outsourcing

A WashingtonPost story claiming that Romney?s Bain Capital invested in companies that outsourced jobs, invited the prompt response of President Obama. “We do not need an outsourcing pioneer in the Oval Office,” he stated. On the other hand, outsourcing is a good business strategy. It improves efficiency, speeds up product development, and allows companies to focus on their ?core competencies.? Outsourcing has helped American companies deal with the destructive forces of globalization. For some companies, outsourcing has made the difference between staying in business and going out of business. But, as with every other business strategy, outsourcing has its own limitations and ?unintended consequences? that if not addressed, can turn it into a bad business strategy.

http://www.forbes.com/sites/panosmourdoukoutas/2012/06/22/why-president-obama-should-be-less-concerned-about-outsourcing/