Value creation is must

I was sitting in the restaurant other day where I saw this cartoon gag .

A couple walking hand in hand. Lady said ” We are gelling like anything before. We have outsourced our fights to a developing country”

Giggle! I am sure they may no longer to do it given that US economy is moving towards recession.

For the interest of US natives, I am expecting US govt. to levy lots of taxes & rules which would make outsourcing unattractive to companies, especially those who just do it for cost benefit .

Service companies in developing countries like India will be able to survive this hit would be only those who have invested lot in their R&D ( apart from services ) and has some role to play in value creation.

I know you know it, but above cartoon made me to post this one.

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