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Vault Message Board: Hewitt Associates

Topic Name: Krakow, Poland
Message Name: Survival of the fittest
Date Posted: 03/08/2006
In Reply To: Loyalty isn't the issue. Just about every economic theory other than Marxism states that two markets that engage freely are both better off. It's called specialization. Let's say a doctor is really good at practicing medicine and is also really good at clerical work. Should the doctor do both or should he focus on medicine and hire someone to answer his phones and read his mail? If he hires a secretary then he will have more time to focus on the more profitable practice. The result is that both he and the person he hires are better off - that person now has a job and the doctor is seeing more patients and is pulling in more money. Same goes for Hewitt. We should focus on the more profitable enterprises of concept development, thought leadership, design of processes and software, etc. If you don't know how to participate in things like that, learn. The transition isn't pretty folks, no one will say it is. But the facts are that globalization makes sense and furthermore, it has a net positive effect on America. You just need to adapt to it. Of course, you could just sit there and whine like the blacksmith did before we forgot there ever was such an occupation. I'll be able to get ahead faster that way. Thanks.
Message: Specialization can lead to extinction. If there's suddenly a technological breakthrough that makes your product/profession/specialization obsolete you'll be out in the cold. Even on a country-wide level it doesn't always work well (take oil refining as an example).

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