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Countering downside of globalization as CEO of yourself.

Publication: Mississippi Business Journal
Publication Date: 31-OCT-05 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Countering downside of globalization as CEO of yourself.(As I See It)

Article Excerpt
Bankruptcy filings by major U.S. companies have become commonplace of late. Most of the major airlines have filed for Chapter 11 protection and now Delphi has joined the crowd. The common thread seems to be high labor costs.

Is this the result of overly zealous union contract negotiation or is something else at play? Is the problem limited to companies employing high-cost union labor or is this the beginning of a broader trend that could ultimately impact all of us?

The decade of the 1990s may have marked a turning point in American business history. The telecommunications revolution, advances in computer technology and free trade agreements shrunk the world considerably.

Lower skill manufacturing jobs had been moving offshore for decades but, during the 1990s, entire manufacturing processes were moved to...

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