Freeman Center for International Economic Policy, Hubert H. Humphrey School of Public Affairs, presents a Workshop on Global Policy Professor Mani Subramani Carlson School of Management speaking on: Changing Motives for Global Sourcing: From Labor Arbitrage to Innovation 12:45 - 2:00 pm Tuesday, April 26, 2011 170 HHH - Stassen Room Humphrey School, West Bank Campus One of the key drivers for global sourcing has been the ability to leverage the lower costs - typically lower labor costs - overseas. While increased competitiveness through the lowering of costs continues to be an important goal, it is increasingly becoming evident that overseas suppliers and a firm's overseas operations can also contribute to firm competitiveness by enhancing the level of innovation in new product development and in business process execution. There are a number of firms on the leading edge of this movement such as GE, Boeing, and PepsiCo and their initial successes offer a variety of lessons for both large and medium sized firms to take advantage of these new opportunities created by the global diffusion of capabilities. Professor Subramani is a faculty member in the Carlson School and teaches an MBA course titled "Managing Globally" that incorporates a field trip to India with the students. He will draw on his experience of the changes he and the students have witnessed in over the past seven years to share his views on how global sourcing can be an important driver of a firm's innovation.

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