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Outsourcing is good for business, Silicon Valley executives tell SCU Business Index
Business executives and managers polled in late March by the latest Santa Clara University Business Index also recognized that what’s good for business may not be good for creating jobs. Job growth continues to lag behind expectations of a few months ago, perhaps because companies are turning to other companies instead of hiring new employees.
“There was a net growth of 5,000 new jobs in February in
The monthly survey by the Leavey School of Business at
Business Week, The Wall Street Journal, and National Public Radio all have featured stories on outsourcing in the past month, as leaner companies are pulling themselves out of the business slump without significantly increasing hiring. Seventy percent of SCU Business Index respondents in March believed that outsourcing was good for Silicon Valley companies in the short term.
Since February 2002, the SCU Business Index has asked managers and executives in a wide range of businesses in
Complete SCU Business Index results and methodology for March and past years can be found at http://www.surveycompany.com/SCUBI/SVOutlook.html.
MEDIA : Professor Mario Belotti will be available for interviews Monday afternoon, April 5, and on April 6. Marketing professor Shelby McIntyre is available to discuss business outsourcing stragegies. Contact Prof. Belotti directly at 408-656-0530, 408-554-5170, or call SCU media relations, at 408-554-5126 to arrange an interview. Contact Prof. McIntyre at 408-554-6833.
About the Santa Clara University Business Index
This monthly business indicator, the only one of its kind for the
About The Leavey School of Business
The Leavey School of Business at
About Santa Clara University
Santa Clara University, a comprehensive Jesuit, Catholic university located in California’s Silicon Valley, offers its 8,047 students rigorous undergraduate curricula in arts and sciences, business, and engineering, plus master’s and law degrees. Distinguished nationally by the third-highest graduation rate among all