Where do I begin? March has barely started and already it's been an exciting and full year. We launched our inaugural semester for SIG University for both Certified Sourcing Professional, as well as Certified Governance Professional in January. We acquired Outsource (formerly Outsource Magazine), a company in the UK that is the "yin to our yang" as far as reach and content, and successfully integrated SIG, SIG University and Outsource into a dream team of cooperation and collaboration. We have been hiring left and right and I am constantly amazed at the new people that have come into the SIG world and keep raising the bar for the rest of us. On top of our internal combustion engine, it's an election year here in the United States, which has made me feel that I live in the twilight zone, with a cast of potential candidates that have many of us scratching our heads wondering what is in store. In addition, the UK has now planned a vote to decide if they will secede from the European Union, which could have a devastating or grand impact on many of our members, depending on your viewpoint.
As we plan for our upcoming Summit, we are seriously debating the impact of these world changes on the politics of outsourcing, which is always confused with offshoring in an election year. Once again, we will get mired down in the misnomers of the English language and nuances that most people won't think through thoroughly. Much like the elections, outsourcing is reacted to on sound bites. We hear promises such as, "Apple will bring its production of iPhones back to the United States." This excites many people, but there is no legal precedence for one man to be able to demand that a publically-held company relocate its manufacturing facilities. Equally up in the air, Britain exiting the EU could cause the UK to end up with few allies and less influence, and cause UK businesses to leave if it becomes harder for them to have unfettered access to EU countries. On the other hand, some supporters say that the strength of the UK economy would give them better access to the rest of the world's markets. I for one would be sad if I can't travel the EU as I can now with few border controls in place, but that is minor compared to the financial impact this decision could have.
Regardless, we at SIG are feeling the global impacts of many things this year. Rest assured that we are thinking about them for all of our members too, so join us at our upcoming events, where we will be sure to expose you to the latest insights on what these changes mean to our commercial enterprises. Let’s work together to make sourcing great again! Oops...it already is!