“Next-shoring: A CEO’s guide”
Katy George, Sree Ramaswamy, and Lou Rassey
The end of China’s time as the uncontested factory floor of the planet has become something of a meme. If that has failed to come to the attention of any of the world’s CEOs, McKinsey’s consultants make sure they get caught up.
My take is that McKinsey is late to the party. I made most of these same points two years ago. I called it “right-shoring.” In such a circumstance, I would have thought that McKinsey, seeking to retain “thought leadership,” would have offered deeper insights. They don’t, even though they provide endorsement to my original thinking.
For the record, check out:
“The Beginning of the End of Outsourcing,” Silicon Hutong, February 7, 2012
“China and the Rightshoring Movement,” Silicon Hutong, December 4, 2012