Preparing for the post-COVID offshoring rush?
Unfortunately, I think COVID came too soon for the older-school companies in the middle of a force Digital Transformation brought on by their management consultants. Thank God I work for a European company in the US, because every single US company is ditching everyone they possibly can now that this has gone on for 3 months. Companies have been told for decades to not save and unload any assets they have, so they've got nothing to fall back on when their cash flow dries up. In house IT is going to get sacrificed so that the execs can keep their salaries, and it's going to undo a lot of the improvements that have happened in the 2010s.
I fully expect that the fall is going to bring about a massive resurgence of offshoring contracts, solely driven by the "we need to save IT costs" requirement. On an MBA's spreadsheet, you can be the smallest, Agileest, nimblest, most productive team, but if 500 people in a far flung location can do it for less than 10 of you, no company will ever pick the nimble slightly-more-expensive team. I'm high enough in the IT org now that I'm starting to see the Wipros and Infosys's of the world circling again...their sales pitches are a little different but it's the same game. All they did is add Agile and DevOps to their playbook of revolving-door lowest-bidder workers.
I'm hoping this pandemic has taught some companies the importance of having backup plans for when revenue isn't enough to cover expenses. Even the backward retail companies like JCPenney are probably going to make it out of bankruptcy because they have their real estate to make funny-money transfers on and borrow against. So many companies are just passthrough entities now...all their stuff is cloud services, they only hire contractors outside of management positions, etc. Maybe the MBA schools will start teaching new grads that you have to have something saved for the bad times....I'm hopeful but doubtful.