According to the consulting management firm A.T Kearney, Pakistan has become the 20th most attractive outsourcing destination across the globe. The concerns are only about the instability of Pakistan and the growing displaced population due to ongoing military operations with Taliban. The country made significant jump on A.T. Kearney’s 2009 Global Services Location Index released on May 18. The position of Pakistan jumped from #40 in 2007 to #20 in 2009.
As per the reports, the Middle East and North Africa are among the most attractive destination in ever-changing geography of popular outsourcing destination. Both of these have skilled work force and enjoy proximity to Europe. The index ranks among the top 50 countries worldwide which have expertise in providing outsource activities like IT services, support services, customer care, contact center and back office. Among the listing countries like Jordan and Egypt are some of the top locales.
The countries have been marked on 43 different attributes related availability of skilled labor, business environment and financial attractiveness of a country. Factors like cost effectiveness is a huge motivator like giant companies for places like Pakistan. This is one reason why it scored so highly. When the same was released in the year 2007, about 40% of its weighting was given for financial attractiveness.
This is global index; and it gives an insight at where the companies globally outsource their work. There are plenty companies in the Middle East that outsource work to Pakistan. The percentage of US companies outsourcing work to Pakistan is less. If conditions stabilizes in Pakistan then it might attract become an attractive outsourcing destination.
Presently Pakistan faces a Humanitarian crisis with up to 2 million displaced due to intrusion of Taliban militants in the Swat valley. Similarly Mexico has seen growing violence due to drug trafficking since the last Global Services Location Index released in the year 2007. It only dropped one slot in the index that from #11 from #10 over the two years.
Friday, June 5, 2009
Pakistan-One of the Attractive Outsourcing Destination !
Posted by Alex Carlson at 6:25 AM
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