Business process outsourcing Archives — LIRNEasia


Population as a growth engine

Posted on March 10, 2010  /  0 Comments

The snap shot age distribution in a population can take three basic shapes. Pyramid is the most common in animal world where reaching the ripe old age is rare. Advances in medicine and economy have changed that in human societies. The pot shape is the best (till is lasts) as the workforce is larger with respect to the number of dependents (old and children). An urn, with a wider top and a bottom is the worst.
It appears that the India-Sri Lanka joint venture in business process outsourcing is having a hard time because Sri Lankans are difficult to train. The LBO article is worth a read, but here is a key quote. Revenues had fallen as the US recession took its toll on the auto and restaurant businesses which comprised the bulk of its customers but that the number of clients was growing, JKH said. Roy also said it was important for Sri Lanka to expand higher education and technology training institutions to ensure the supply of trained people if the country wants to attract more BPO business. He said Sri Lanka had the highest number of British-qualified accountants outside Britain and should capitalise on its own strengths instead of trying to compete with India.