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Leading business process outsourcing (BPO) firm Genpact has roped in professors from the Indian Institute of Management (IIM) Lucknow to give its employees lessons in management skills and improving productivity.
Through electronically enabled interactive sessions, workers at Genpact’s operation hubs in Delhi, Gurgaon, Hyderabad, Kolkata and Jaipur will learn the finer nuances of management, soft skills and strategic planning from senior professors of the business school.
This is an e-certificate programme in general management (e-CPGM) and there are 119 participants, most of whom have worked for one to three years.
“The objective of this programme is to develop managerial capabilities among people who are at the early stages of their career to enable them to effectively undertake managerial responsibilities,” said Ajay Singh, course director of IIM Lucknow.
The programme is divided into 12 modules. Keeping in mind the requirements of the industry, the modules are designed to create managerial and leadership competence among the professionals. There are 120 hours of e-enabled interactive sessions.
Singh said the programme was being run from IIM Lucknow’s Noida campus, which was being developed as a centre of excellence in the area of executive education.
The India headquartered Genpact operates service delivery centres in India, China, Hungary, Mexico, the Philippines, the Netherlands, Romania, Spain and the US.
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Balancing his grip on the gas tank, son of Sanjay Bhatia its 150 cc motorcycle by the maze of three-wheeled motorized Rikschas morning, scooters and cars, not to be aware that the acceleration soon in another direction by a friend of the world affairs of a half-distance.
After alights outside Bangalore’s High Court, an SMS message begins with the 34-year jurist’s Mobile:
Texas Attorney Abhay “Rocky” Dhir of Colleyville, atlas, currently Legal Research in Dallas, has a mandate to Bhatia, head, Atlas’ Indian.
The guarantee of a postponement of a local event, Bhatia steers his bike to the city a large number of Internet cafes, where he spends the next six to seven hours.
Dhir I asked him that the search for a matter of justice - the right of the State of Texas.
Bhatia has never been his foot in the Lone Star State ( “I know he is one of the biggest States”) or, for that matter, anywhere else in the USA.
But absolvent of the elite National Bangalore’s Law School has not only dedicated to exploring legal details of Texas over the past three years, but also to cases to analyze and handymen US-style legal mandates.
Written notice shortly has been outsourced Bangalore, Indian’s Silicon Valley.
When Americans learn every day, a portion of its bits and economy and to develop overseas dismantled. Indian receives the lion’s share-Business Process Outsourcing - 35% - compared with China’s 15 percent and 6 percent respectively for Mexico and Canada. Finally, which has more than 700000 Indians working in outsourcing activities.
A remarkable convergence of factors has Indian in the right place at the right time for the world of white-collar outsourcing direction: a plethora of cheap labour, but says the education level of English and access Telecommunications modern communication technology, links with clients of USA or consumers Indian Institutions, as they stood.
Help for businesses, credit cards, computer manufacturers and others are now in Bangalore staff, 35 percent of 40 percent over the controls of the country’s export earnings and Business Software Services operate, As in other cities in South India, including Mumbai, Pune, Hyderabad, Calcutta and New Delhi. Telemarketing, research financial, tax, accounting, drafting, medical transcription, mortgage and payroll processing increasingly outsourced tasks. Software programming and design is even greater.
While the relocation of work, a tiny part of the Indian economy, it was expected, for a turnover of 12.2 billion. In Indian $ for the twelve months until June. It is 28 per cent over the past 12 months, after Indian’s National Association of Software and Services Companies, Outsourcer “Industry-group. Approximately one third of merit was amended by Call-Center and Business Process operations, balance of software developers and programmers.
It is not yet the one-way traffic.
Many used by the Indian Call Center computer and software design offices are American-branded products.
Dell, Dell, Dell, rattles of V.S. Srinivasan, Mumbai-based business consultant Mastek, a joint venture with Carreker, Farmers Branch company that specializes in outsourcing for financial institutions. “Compaq, Compaq, Compaq.
Tags: abhay, business process outsourcing, cheap labour, colleyville, computer manufacturers, education level, gas tank, indian institutions, matter of justice, modern communication technology, outsourcing activities, remarkable convergence, right place at the right time, share business, silicon valley Posted in MBA News, birth | No Comments »
A DELOITTE survey of 100 of the world’s largest financial-services companies indicates that these companies expect to transfer an estimated $356 billion of their operations and two million jobs offshore over the next five years to reduce costs, and the most likely beneficiary of this move is India.
Falling in line with such a trend is Prudential Process Management Services (India) Pvt Ltd (PPMS), the fully-owned subsidiary of Prudential plc, UK. The company opened a $10-million centre in the suburb of Powai in Mumbai last May and is poised to boost its employee strength in three months to 850 from 628. It has been necessitated by a number of projects that the company has taken up for the parent company. In a chat with eWorld, R.K. Rangan, Managing Director, PPMS, talks of the company’s present and future plans. Excerpts:
Rangan says Prudential’s decision to outsource its back-office operations was opposed by the unions. However, despite protests, the company has set up business process outsourcing (BPO) operations in Ireland, Scotland and London, besides the Mumbai facility.
The Indian subsidiary was set up in an effort to cut costs and adopt customer-friendly solutions, as the financial services business transformed itself from one based on personal interaction to the online mode. Says Rangan: “We do not call it outsourcing to India. The unions have been kept in the picture from the start. There is a struggle, but we have assured our staff that they will be helped with jobs.” He clarifies that not all the jobs have been lost, as staff are being redeployed wherever possible.
Besides, quite apart from the cost advantage, outsourcing was also necessitated by a real shortage of skilled workers in the UK and the US, he says. Prudential plc is just one of the global brands that is outsourcing operations. Other multinational corporations such as GE and American Express have also set up large service centres in the country. There are a number of reasons for the trend among MNCs to set up subsidiaries, the most important being the need to maintain confidentiality. A fully-owned subsidiary also allows for flexibility of operations. Further, companies setting up bases in the country train staff for their specific requirements.
Tags: american express, back office operations, business process outsourcing, cost advantage, deloitte, eworld, financial services business, future plans, global brands, india pvt ltd, indian subsidiary, ireland scotland, mncs, multinational corporations, next five years, personal interaction, powai, prudential, prudential plc, skilled workers Posted in Immediate, MBA News | No Comments »
US-based Business Process Outsourcing (BPO) vCustomer provides great recruiting 25 graduates of the elite Indian Business Schools for its facilities in Delhi and Pune.
The company is recruiting Indian Institute of Management (IIMS), Xavier Labour Relations Institute (XLRI), SP Jain, Faculty of Management Studies (FMS), National Institute of Training in Industrial Engineering (NITIE) and Indian School of Business (ISB), a company statement said here today.
Tags: business process outsourcing, faculty of management studies, IIMs, indian school of business, industrial engineering, institute of management, labour relations, recruitment, sp jain, vcustomer, xavier labour relations institute, XLRI Posted in India, MBA News | No Comments »
Mumbai, May 10 (PTI) US-based business process outsourcing (BPO) major vCustomer is planning to recruit 25 graduates from elite Indian business schools for its facilities in Delhi and Pune. The company would be recruiting from Indian Institute of Managements (IIMs), Xavier Labour Relations Institute (XLRI), S P Jain, Faculty Management Studies (FMS), National Institute of Training in Industrial Engineering (NITIE) and Indian School of Business (ISB), a vCustomer press release said here on Monday. The recruitment would begin this month, it added. This would provide the company with managerial talent necessary to maintain its quality standards and B-school graduates would add to “middle management depth necessary to ensure smooth growth in the coming quarters”, it said. vCustomer is a provider of process-driven, quality-centric BPO, contact centre and technology support services. The company is backed by investment firms Warburg Pincus and WestRiver Capital. (THROUGH ASIA PULSE)
Tags: asia pulse, b school, b schools, business process outsourcing, faculty management, indian business schools, indian school of business, investment firms, labour relations, management depth, managerial talent, nitie, s p jain, school graduates, smooth growth, technology support services, vcustomer, xavier labour relations institute, XLRI Posted in India, MBA News | No Comments »
With an enormous, young workforce (the median age is 25) living in the largest democracy in the world, India is poised to become one of the global economy’s newest powerhouses. Since India opened its markets to foreign investment in the early 1990s, its economy has grown at an impressive average 8 percent annual rate, and the nation is now projected to become the world’s third-largest economy (behind China and the United States) within two or three decades, according to global investment banking and securities firm Goldman Sachs and other economists.
Most of the nation’s job and economic growth has been generated by family-owned Indian enterprises and multinationals in industries such as information technology (IT), telecommunications, business process outsourcing (BPO) and pharmaceuticals.
Maintaining high growth rates is a high priority for these industries because they face increasingly stiff international competition, most notably from China. But sustaining growth may be difficult, due–ironically–to a lack of qualified people.
Despite the fact that India has a population of more than 1.5 billion people, and a workforce of 422 million, its literacy rate is a low 59.5 percent (compared with 99 percent in the United States). Further, only about 48 million people–less than 12 percent of the entire workforce–are college graduates. And those who do hold college degrees often don’t possess the skills needed by the nation’s surging industries.
The human capital challenges facing some of India’s hottest sectors are similar to the skills shortages that some employers in the United States face today–and that more may encounter in the future as vast numbers of baby boomers retire, legal immigrant labor grows scarcer and America’s educational system continues to struggle to produce qualified new workers. (For more on these factors, see the cover story in the March 2005 issue of HR Magazine.)
But while similar challenges face both nations, the stakes are higher in India. For many companies in highly competitive sectors, a lack of talented workers constitutes a “make-or-break” HR issue, which makes the value of good HR management readily apparent to top executives. The profession, as a result, is gaining both respect and attention–the kind that comes from being on the hot seat.
The results from HR are mixed, however, with some observers complaining of large-scale failures and others pointing out high-profile successes.
The HR Agenda
With the national economy growing rapidly and with growth in such industries as IT and business process outsourcing more than doubling, HR challenges are coming fast and furious.
“It’s like building an aircraft while you’re in the air,” says Marcel R. Parker, president of human resources at the Raymond Group of Companies in Mumbai, a leading Indian organization in textiles and retailing with 18,000 employees.
Faced with growth at record levels in some industries and skyrocketing attrition, HR professionals say they’re spending upward of 80 percent of their time on recruitment.
Compounding the problem is the fact that, for personal or family-related reasons, half of all the women they hire will opt out of the workforce by age 30, according to Anita Belani, Country Head for Watson Wyatt India in Mumbai. That’s a potentially significant problem since women make up about 20 percent of the workforce in urban areas, and far more in certain fields.
Most important, finding workers with the right skills is a problem. Even hot industries that can attract college graduates from the top-tier business schools are being forced by market conditions to inflate salaries and lower job expectations.
“People who normally would be viewed as entry-level workers and paid accordingly are commanding much higher salaries and responsibilities,” says Philip Felando, senior director of human resources at Skyworks Solutions Inc. in Irvine, Calif. Felando, who is responsible for 4,000 employees worldwide, including 300 engineers at a design center in Hyderabad, India, says: “You’re a hot commodity regardless of your ability to perform.”
Tags: America, Anita Belani, Baby, baby boomers, business process outsourcing, business process outsourcing bpo, Calif., China, china and the united states, college graduates, democracy, educational system, global economy, global investment, Goldman, goldman sachs, high priority, hr magazine, Hyderabad, immigrant labor, Irvine, issue, largest democracy in the world, literacy rate, magazine, Marcel R. Parker, multinationals, Mumbai, powerhouses, scarcer, securities firm, skills shortages, stiff international competition, Technology, three decades, United States, Watson Wyatt India Posted in MBA News, conference | No Comments »
India-based services for companies in the U.S. auction market share-Consulting
This is not a secret, India, up more and more as a global centre of IT outsourcing, but the actual number of surrounding this phenomenon always write something.
According to the latest data published by The Economist, 60 percent of the $ 20 billion that North American businesses each year to send functions such as computing, for example, development and maintenance of applications and supply a customer support off-shore, with business headquarters in India. The report also highlights Indian companies own $ 5 billion to $ 11 billion Business Process Outsourcing.
These figures are fuelling the growth of companies such as Tata Consultancy Services, India ‘the largest IT company, with more than 60000 employees and 2.9 billion dollars of annual turnover. Secondly, Wipro tourists with 42000 employees and $ 2.4 billion in revenue. Then there’s InfoSys, which rose from $ 10 million turnover in 1994 to $ 2.1 billion in 2005.
While these companies have clearly successful, they are not satisfied with the easy manipulation, which many in industry, as red, nonvalue added functions such as computer cranks, software or personal code Help desks . In other words, they seek to assume the heavyweight, for example, Accenture, EDS and IBM Global Services, for a portion of information technology-consulting market.
But if the giants will not be easy. Again some figures. Rediff.com, a web site, traces of business in India, India, said computer-based companies earned only $ 120 million in consultancy fees for the year 2004, while 2.5 billion U.S. dollars turnover of New York-based Accenture reported in the Quarter 3 of fiscal 2006 exceeds the total InfoSys - volume billing for the previous year.
Despite these differences, India are companies based on fees in advance strategies for collecting more consulting business. These efforts began as far back as 2002, Wipro began with the acquisition of consultancy companies North American roots. He began by purchasing energy consulting practice of American Management Systems, then bought NerveWire, IT and Business Consulting Services for companies in several sectors, notably manufacturing.
In 2004, Infosys a North American subsidiary, Infosys Consulting, Fremont, CA Tata, said a growth target of its business consultancy 3 per cent of the turnover of more than 10 per cent by the year 2008, hired 400 consultants in 2005, and thereafter may Read-North America and Europe.
Cimenter relations
Apart from the fact that this is an additional source of income, a consulting practice may be to consolidate relations with customers, making it easier for companies based in India to keep maintenance contracts and other services .
“Consulting is a value added service for customers,” said Brian Rogan, vice-president of Sierra Atlantic, is specialized in the management of enterprise applications in offshore sites. Sierra Atlantic has Raju Reddy, a graduate of the Indian Birla Institute of Technology and Science.
Tags: accenture, auction market, billion dollars, business headquarters, business process outsourcing, consultancy companies, consultancy fees, consulting business, cranks, global centre, global services, help desks, india india, information technology consulting, Infosys, north american businesses, personal code, tata consultancy services, tata consultancy services india Posted in MBA News, career | No Comments »
The Business Process Outsourcing (BPO) firms have been identified as the top-paying internship in the summer program Jamnalal Bajaj Institute of Management Studies in Mumbai. Of the 116 students in total, 75 students have already been in business. Units of the public sector have remained by far the programme. Banking companies were generally higher pay scholarships for students. E-clerx has the largest scholarship of Rs25, 000 per month, while Standard Chartered has announced RS20, 000 per month.
Tags: business process outsourcing, business units, institute of management, internship, management studies, Masters, Mumbai, public sector, scholarship, scholarships, standard chartered, top bpo companies Posted in MBA News, accounting | No Comments »
Narsee Monjee Institute of Management Studies (NMIMS) from Mumbai, a training programme for students who need assurances that specializes in class. The programme aims to provide advice and solutions tailored sales strategies. It is, among other things, such as content management portfolio of reinsurance and induction training programmes. In addition, the program includes workshops and situations, industrial visits.
The assurance of the economy is currently in the emergence of a scene.
Accordingly, students may, after only side to the level of growth for now.
However, students can target vertical motion with the growth of industry and the organization. The Institute has a degree program four months Insurance Operations Management. The program is aimed at fresh recruits and promotees in companies, insurance companies and companies offering Business Process Outsourcing services in the insurance segment.
Tags: assurances, business process outsourcing, business process outsourcing services, degree program, four months, fresh recruits, induction training, insurance companies, insurance operations, insurance segment, management portfolio, narsee monjee institute, narsee monjee institute of management, narsee monjee institute of management studies, operations management, reinsurance, sales strategies, training programme, vertical motion Posted in MBA News, accountancy | No Comments »
PALA India announced the appointment of Visionaire group as a sponsor of the installation of India 2006, ACAP, in conjunction with India. The company is a “proof-of-Concept” showcase facilities that display the most advanced integration solutions for the modern audiovisual and the Smart Board Room Home.
Visionaire is a leading regional integrator system widely throughout the Middle East, India and Southeast Asia. The company advanced systems integration in the sitting, housing, security, learning, retail and hospitality markets represent in the world practice and technique.
Visionaire facilities are widely distributed throughout the region and also some of the most famous projects and developments, such as the India School of Business, Four Seasons Hotel Mumbai, Reliance Infocomm and Reliance Petroleum NOC’s, L & T Infotech Tech Campus in Chennai, Mumbai and Bangalore, Microsoft campus in Hyderabad and Bangalore, Satyam Computer EBC and the Emirates Towers, Dubai International Airport, Al Murooj Rotana Hotel, The Dubai Palm Islands, ZADCO-Gasco Twin Towers Abu Dhabi, and higher UAS and American University of Sharjah in the United Arab Emirates.
With its own campus in Dubai @ Visionaire, is a single 3 billion dollars “proof of concept” showcase of integrated technologies for the convergence of audio, voice, data and video, with 10 ‘live-environments’ representation all technologies The integration of AV range. It’s Amity integrated jewel of the meeting room was awarded the “Best Presentation Room ‘Award in 2005 by the USA publishing presentations.
As a sponsor of the installation of India, this Visionaire Modern Home Smart Board and installations in the window of exposure, as shown by the latest concepts and capabilities of integration. Visionaire Group Vice President - South-East Asia Michael Gopal explains the concept behind each window, “India is today dominated by the computer / software and Business Process Outsourcing (BPO) of associated companies. Large companies, system integrators, AV-is being computer / software Corporate Campus-projects.
“The main engine is improved productivity and bridge the gap between customers and employees physically separated by several continents, and a meeting room with a common time zone.
“The housing boom unprecedented in many parts of the country has generated a large number of apartment complexes self-sufficient. Many developers are turning to the integration of SMART Technologies, for a USP and beyond, on recreation, cave and terminal, to continue to differentiate their offer. Our showcase be demonstrated that the best available technologies, MO consumer space, including HD Display, 7.1 its home theater, online services web portal, control , Video-on-Demand and hard disks Library Press.
Tags: al murooj rotana, al murooj rotana hotel, american university of sharjah, business process outsourcing, business process outsourcing bpo, dubai international airport, emirates towers dubai, group vice president, hospitality markets, housing security, reliance infocomm, reliance petroleum, satyam computer, showcase facilities, united arab emirates Posted in Keynote, MBA News | No Comments »
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