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Next meeting date is May 22, 2008!
Please join chapter chair, Jeff Swartz, Hundson Global Services, for the next Washington DC Chapter meeting on May 22, 2008 from 4 p.m. to 6 p.m. at the Pillsbury Winthrop Shaw Pittman offices at 2300 N. Street NW, Washington.
A dynamic team of speakers will speak to the topic entitled “China’s Rise on the Value Chain: What Outsourcing to China Means Today”. The team of speakers includes: Eddie Liu Shu Feng of Hundson Global, Luis Fiallo of China Telecom, Tien Wong of Opus 8 and Andy Dubosky of Maryland-China Business Council.
Mark your calendar and join us to learn more about China’s rise on the value chain in the world of outsourcing.
IAOP members wishing to attend the upcoming meeting please email the chapter coordinator at amanda.corbett@outsourcingprofessional.org
If you are not as yet a member of IAOP and would like a guest pass for the meeting, please Request a Guest Pass.
IAOP Members: Click Here and login to download past meeting presentations for all IAOP chapters
Meeting Held: February 13, 2008
The most recent meeting of the IAOP Washington D.C. Chapter, chaired by Jeffrey L Swartz with Hundsun Global, was held on Wednesday, February 13, 2008.
The theme of the meeting was the Impact of Possible Recession in the U.S. on the Outsourcing Industry. Five speakers were invited to share their perspectives: Erran Carmel, Associate Professor, Kogod School of Business, American University; Elizabeth Halaki, Chief Marketing Officer, Océ Business Services; Robert Sherretta, CEO, International Investors, LLC; Greg Retzer, Director, Outsource Partners International; and Patrick Dine, CEO, PSD Global Inc. Jeff Swartz, President of Hundsun Global Services, Inc. and Chairman of the Chapter, moderated the meeting.
Highlights from the presentations and discussion:
· The speakers agreed that we will have a mild recession rather than a major currency crisis, but pain in the U.S. credit markets will impact prices, employment, and general business confidence. This certainly will impact business decisions to outsource, making the market more challenging that it has been of late.
· The macro trends that continue to support outsourcing and offshoring are the weakened dollar versus the Indian Rupee, increasing wages in India, and softening wages in the U.S. The speakers agreed that the value proposition associated with outsourcing should resonate during tough times. This was the case after the post 9/11 downturn, when offshoring and outsourcing companies thrived.
· However, over the next 2-3 years overall industry growth will slow from the torrid pace of the past five years. And, at the micro level, there will be an increase of “back-shoring” to farm, rural, and local home sourcing providers.
· Companies that are already outsourcing will continue to do so, and in fact may look to increase their reliance on partners as a way to cut costs and drive efficiency and effectiveness. However, companies that are considering new projects and vendors may delay decisions or put them off indefintely. Middle market companies will still be ripe prospects for BPO business where the customer can realize a rapid economic benefit.
· Outsourcing vendors with a strong U.S. presence should look to find customers who may have an interest in expanding to overseas markets. A Chinese-based outsourcing provider, for example, could help U.S. clients access the China market. Service providers should also consider Western Europe and Canada for opportunities.
· Four of the five of the panelists believe outsourcing of U.S. jobs overseas WILL NOT be a significant political issue in the upcoming presidential election.
IAOP members wishing to attend the upcoming meeting please email the chapter coordinator at amanda.corbett@outsourcingprofessional.org
If you are not as yet a member of IAOP and would like a guest pass for the meeting, please Request a Guest Pass.
IAOP Members: Click Here and login to download past meeting presentations for all IAOP chapters
Inaugural Meeting Held: November 8, 2007
The inaugural meeting of the IAOP Washington DC Chapter took place on Thursday, November 8th, and was sponsored by Hundsun Global Services, Inc. & Pillsbury Winthrop Shaw Pittman LLP.
Users, advisors and providers are well aware of the promises, benefits and opportunities of outsourcing. We also share formidable challenges. The primary objective of our first meeting was to get your feedback about the challenges you face – and how the D.C Chapter can best help you manage and overcome them over the next year. The forum was highly interactive and we sought topics and issues you’d like to explore during future Chapter meetings.
Michael Corbett, Chairman of IAOP, reviewed the state of the outsourcing industry, the emerging role of outsourcing professionals as leaders of organizational transformation, and share ways that IAOP is helping outsourcing professionals deliver better, more consistent outcomes for their companies.
In addition, Jim Alberg, Partner and Chair of Pillsbury Global Sourcing, provided an update to us on best practices, potential risks and pitfalls of multi-sourcing relationships.
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Jeffrey L. Swartz President Hundsun Global Services 22866 Shaw Road Sterling, VA 20164 Tel: 703.547.8877
Fax: 804.272.6164
jswartz@hgsamerica.com
Primary Purpose
The purpose of the Washington, DC Chapter of IAOP is to give Mid Atlantic area professionals involved in outsourcing - both customers and providers - the opportunity to meet with their peers and exchange ideas. It is also intended to give advisors, especially from the legal profession, the opportunity to gain experience from and exchange knowledge with customers and providers. Educational experiences will be provided by quarterly meetings focusing on a current topic.
Executive Committee
Yes. A key professional from the IAOP corporate membership – a representative of a provider, customer and advisor.
Meeting Frequency
Quarterly
Meeting Type
Face-to-face (office, meeting room)
Guest Speakers
Industry leaders, thought leaders, key professionals from IAOP membership.
Non-Solicitation Policy
All IAOP Chapters adhere to the non-solicitation policy. Click here to view the policy. |
