[IP] Now, a course on outsourcing: MIT shows the way]
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Date: Wed, 03 Mar 2004 20:08:18 +0530
From: Suresh Ramasubramanian <suresh@xxxxxxxxxx>
Subject: [Fwd: [india-gii] Now, a course on outsourcing: MIT shows the way]
To: Dave Farber <dave@xxxxxxxxxx>
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Subject: [india-gii] Now, a course on outsourcing: MIT shows the way
Date: Wed, 3 Mar 2004 09:03:16 -0500
From: Manjunath, Bharadwaj (Cognizant) <MBharadw@xxxxxxxxxxxxxxxxx>
To: India Gii <india-gii@xxxxxxxx>
Now, a course on outsourcing: MIT shows the way
S Rajagopalan
Washington, March 2
http://www.hindustantimes.com/news/181_596032,001300460000.htm
Outsourcing is here to stay. And the tacit acknowledgement comes from the
redoubtable Massachusetts Institute of Technology (MIT) by starting a
regular course on outsourcing at its famed Alfred P Sloan School of Management.
Whatever the current political rhetoric, the course that got under way last
week is turning out to be hugely popular with business executives and
management students. All 55 seats were picked up within 24 hours of the
announcement and there is now a long waiting list.
It is the first course of its kind in the US, but more business schools are
expected to follow suit soon enough. Students from Harvard, not wanting to
be left out, have begun flocking to Sloan with requests to stand in the
aisle and benefit from the guest lectures!
As on the jobs front, the curriculum on outsourcing is not without its
Indian connection.
The course is the brainchild of two senior faculty members, one of whom is
an Indian American. Dr Amar Gupta, a product of IIT Kanpur, has been on the
MIT faculty for the last 25 years. "As managers, our MBAs will have to deal
with outsourcing. But their own jobs could potentially be outsourced. So on
several levels, students need to be able to think clearly and fully about
this important issue," Gupta told the Hindustan Times from Cambridge,
Massachusetts.
The course, he says, will make students aware of both the positive and
negative aspects of outsourcing. "We know the pain that comes with lost
jobs, but people don't necessarily appreciate some of the benefits we get
every day because of outsourcing." He talks of lower consumer prices and
higher dividends because of the corporate turnaround due to outsourcing.
While the average American may frown upon outsourcing, many of the MBAs who
have signed up for the course look at it differently. They view it as a
positive. The aim of the course, says Gupta, is to make students understand
all aspects of outsourcing so that they will have all the requisite skills
when they go into the market.
The course, designed by Gupta and former Sloan dean Lester Thurow, includes
case discussions of different delivery models, value addition and impact of
business and policy environments. Students will get an opportunity to hear
and interact with top corporate leaders with first hand experience of
outsourcing as also policy makers and labour leaders.
As Gupta puts it, students can acquire skills that could lead to "win-win
solutions" for all instead of looking at the evolving global business
environment as a "zero-sum game".
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