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Green Technologies and  Outsourcing are two agents of change that will continue to change and impact economies at all levels .   Green Technologies are believed to be saviour of our beloved planet and we have no option but to adapt these technologies whole-heartedly repeat WHOLE-HEARtedly for creating a  sustainable global economy without outrageously damaging the environment.

Now if you look at outsourcing in the context of adapting Green Technologies, it is easy to understand that all nations, developed, developing and third world nations will need finance to adapt green technologies in the very near future. While green technologies will need finance for R&D, they will also need bigger markets to make them affordable.  Today one maega watt of Solar Energy costs about $5 million and cost of one KW is about 20 cents. This must come down to less than 10 cents to make it competitive with conventional energy from coal, gas  or diesel.

Outsourcing is good only if it is aimed at transforming the  organization  into a more efficient business entity. In addition, it creates jobs in new markets and is a driving force for injecting better technical and management skills. In this role outsourcing plays a multiple role that will help the lobal economy adapt green technologies.   In other words transformational outsourcing is the need and challenge of the new information age that is hovering over our heads.

As developed nations are at the forefront of developing green technologies, it needs a balanced view to prepare the global economy for successfully adapting the new green technologies.  Outsourcing can be seen to help developed economies prepare markets and developing economies acquire technical and management skills to adapt to the emerging technologies.

It is in this context that a balanced view (short-term/long-term) on outsourcing will prove to be win-win for everyone. Outsourcing needs a balanced rethink when it causes excessive loss of jobs in developed nations and industry is unable to absorb the laid-off workers or if the laid-off workers are unable to retrain for better job opportunities . We have seen ‘necessity is the mother of invention’ working every time, so it is quite reasonable to believe, given the time  industry will  respond to create better job opportunities in future. The current pressures on improving efficiency in operations will certainly encourage developed economies to innovate new job opportunities,  achieve improved scales of economy in business operations using outsourcing at national and international levels. And outsourcing will give the developing nations and third world countires an opportunity to learn skills and provide outsourcing services at lower costs while generating funds for investing in the new technologies.

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