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OUTSOURCE [ WHY US? ] |
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IBN has over 2 years of offshore outsourcing experience, which
has enabled us to fully comprehend our client's expectations from
us. Our capabilities, which have been tested and proven to be
sound and effective along with our process quality and both technical
and business know-how are geared to win. The experience of our
past and present clients with our enterprise and the value we
provide speak of our unwavering march towards success. To conform
to the needs of our clients, all the processes, tools and strategies
at the IBN centers are aligned with those of the clients to
become a manifestation of the client's abilities. IBN assures
the success of the client's project right from the beginning to
the end, backed by its experience with detailed requirements analysis,
top-of-the-order standards and references, wide-ranging expertise
locally in the country and professional onshore and offshore project
managers.
Recognize and Assess Vendors
Because of the large number of Indian IT companies and IT-enabled
services companies catering to the US markets and the unfamiliarity
of our clients with the services they provide, IBN consultants
assist clients to sort out offshore vendors who meet the criteria
of their requirements. Initially, IBN uses a list of qualified
vendors from its own database. IBN has its own stringent process
and quality checks to include any vendor into its database. The
Request for Proposal (RFP) is the second step to identify and
evaluate potential vendors, where the client gives out his requirements
and all relevant information that would be required by a vendor
to make a proposal. However, hasty work often results in incomplete
documentation. IBN regards the RFP to be an important document
in the offshore outsourcing business that may have an impact on
the clients project. Our consultants assist clients in preparing
a detailed and comprehensive RFP based on their requirements,
using an extensive database of templates to cut on time, money
and avoid disappointment. Our consultants also take over the feedback
process by reviewing and short listing the vendors bids, once
the RFP is submitted.
Price and Contract Negotiation
Pricing forms an important part of any outsourcing project running
from a few thousand dollars to millions determined by the nature
and size of the work and the time frame agreed upon. Contracts
by nature can either be fixed price based or variable price based,
both of which have its ups and downs, affecting both the client
and vendor, and endangering the success of the project. Because
of escalating prices, misunderstandings between client and vendor
may creep in, especially when the scope of pricing is not well
defined in the contract. IBN consultants practice a methodology
wherein both the client and the vendor jointly benefit from the
contract irrespective of variations in costs.
Drafting comprehensive and thorough service level agreements (SLAs)
is an often-ignored area despite its importance in the offshore
outsourcing process. A detailed SLA always specifies the expectations
out of a project venture as well as outlining in detail the methods
to be used for performance appraisals. An expertise in both legal
and technical aspects and experience in offshore outsourcing is
therefore often desirable, to deal with business complexities
and local laws and regulations. It has been IBN's experience
that undefined and sloppy SLAs have often destroyed an otherwise
potentially profitable venture. Also SLAs are often found lacking
in extending effective performance incentives and unable to impose
penalties on non-performance issues. Assisted by a team of legal
experts using standard points of reference, IBN consultants
help clients draw up watertight and secure SLAs, ensuring the
smooth functioning of the clients offshore outsourcing operations
in the country.
Approach and Policy Implementation
An offshore center's capabilities and business opportunities it
provides, plays a major role in the success of an offshore strategic
goal. Therefore it becomes necessary for managers and executives
to understand their employees as well as customers paying equal
importance to their needs and demands prior to integrating the
offshore operational processes to that of the present onshore
process system. Our consultants attempt to bring about a conjunction
between the onshore and offshore operational managers by connecting
their ideas with our local country experts, who have considerable
experience in numerous projects-some of them very successful and
some which failed.
Crisis Management and Planning
Every company desires to attain and maintain a state of business
continuity, where all the processes involved function smoothly
and at peak levels. However, with incidents of terrorism rising
again, the companies involved in outsourcing their work to countries
like India are worried about their ability to maintain their business
continuity. As a result, companies should not just restrict themselves
to devising an offshore outsourcing strategy, but also look towards
contingency planning for any unwarranted situation. The odds on
the probability of an incident is definitely low, nevertheless
its impact on a business can be quite serious.
In order to achieve and maintain a state of business continuity,
a company must infuse all its processes with ideal crisis planning
according to the resources available. A company must also indulge
in self analysis of their systems and determine the importance
of each to the business continuity process. Drawing from our experiences
and other case studies, our consultants help clients in understanding
the crisis's that may affect business continuity as well as devise
crisis management plans for the same.
Change Management
Change is integral to all processes and therefore the importance
of transition management. At IBN, our consultants begin with
the approach recommended by the client complete with detailed
transition activities. Yet, however more discussions take place
to authenticate the details involved as well for the proper documentation
of the plan.
Redeployment of employees is a very important issue with IBN
and our consultants pay much attention to redeployment or other
options for the existing staff. In fact, redeployment is taken
to be a part of the transition costs as they may generally involve
severance payments and employee court settlements. Our consultants
step in during a process of transition to maintain business continuity
for a company. In addition to that, we develop a communication
strategy targeted at affected employees and associated organizations
as well as coming up with a media plan to maintain the client's
brand image and brand equity, while keeping the public informed.
Evaluation Continuum
Monitoring and tracking becomes an important part of any offshore
outsourcing project given the geographical distance between the
outsourcer and its Indian outsourcing operations. IBN can
help clients to evolve tracking indicators to continuously evaluate
their outsourcing operations and can also take on the role of
managing the work on a continuous basis. Through our unwavering
focus on quality and customer satisfaction, and our local expertise
in handling offshore outsourcing operations, we guarantee a reliable
and steady service, designed to meet each and every expectation
of our clients.
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JOINT VENTURE
There is a growing trend towards joint ventures between US companies
and Offshore Vendors in a bid to satisfy their respective goals.
Joint ventures, at least literally, translate into the prospect
of making significant gains for both parties tapping into the
relative advantages each offers to the other. Domestic market
intelligence from the side of the vendors combined with the management
and technical know-how from foreign partners make joint ventures
a sure way to success in terms of quality and economy as compared
to working alone. However, despite their attractiveness, joint
ventures when not planned and executed strategically, do not extend
the benefits expected nor do they perform satisfactorily.
Our IBN consultants and professionals can help you in the
planning and execution of a JV, with the strategic, financial
and operating aspects as well as with our domestic market skills.
As promised, our IBN consultants will work side by side with
you to help you develop your strategy, reach out to the right
candidates, structure the transaction and integrate your processes
with those of the existing ones. Our sole aim is to make your
JV a success. We make it our priority to understand your company
and its culture, integrating the knowledge to recognize the best
vendors that will ensure the success of your JV.
Recognize and Assess Vendors
Because of the large number of Indian IT companies and IT-enabled
services companies catering to the US markets and the unfamiliarity
of our clients with the services they provide, IBN consultants
assist clients to sort out offshore vendors who meet the criteria
of their requirements. Initially, IBN uses a list of qualified
vendors from its own database. IBN has its own stringent process
and quality checks to include any vendor into its database.
Structure Joint Venture and Negotiate Agreement
A JV is by no means an indication of a commitment to a cause by
its partners despite the legality of the contract and on the contrary
also does not imply that the most committed partners will have
no conflict. Therefore a carefully detailed agreement attains
a stature of great importance, vital to the success of the JV.
However, the legal agreement does not necessarily have to translate
into a complex play of clauses and stipulations to minimize the
chances of conflicts. Rather it should be "open". It
stipulates that an agreement would be subject to modifications
following certain procedures in abreast with the changing technological,
market and social scenario. It is important to accept at the onset
that change is eternal and that the respective advantages of both
partners may change over a period of time and therefore not to
be overly dependent on them. The apparent worth of any advantage
has to change over time, be it technical or managerial, with the
advancement of technology and science and as a result to keep
up with the times attains significance.
The ability to adapt to cultures, flexibility in thinking and
experience of people specializing in dealing with contracts and
agreements are always needed while framing cross-border JVs. Our
IBN consultants, with extensive experience in the Indian business,
political and cultural environment are qualified experts to offer
advice regarding JVs related specially to offshore outsourcing
operations. IBN, with its thorough knowledge of Indian regulatory
and taxation laws is therefore the right advisors for companies
looking to set up their offshore outsourcing operations in India.
IBN recognizes that every company is unique, necessitating
the exact framing of each JV for the best results. Our consultants
resolutely bargain over the price, terms and conditions in every
transaction while our legal and tax experts pave the way of all
legal and regulatory hurdles.
Regulatory Clearances
India has been slowly opening its doors to the global economy
which has brought about a lot of policy changes in the country's
regulatory framework, especially in sectors related to IT and
IT enabled services. Although these changes have opened up the
country to foreign companies desirous of establishing their businesses
in India, the paperwork involved in the approval process is still
complex and frustrating.
Interacting with all echelons of the Indian government right
to the Reserve Bank of India (RBI) and the Foreign Investment
Promotion Board, Our consultant's thorough understanding of government
policies enables us to eliminate the time and frustration, while
going through the regulatory process. Also, after the completion
of the regulatory process IBN will keep you updated regularly
on policy changes that may affect you offshore operations.
Crisis Management and Planning
Every company desires to attain and maintain a state of business
continuity, where all the processes involved function smoothly
and at peak levels. However, with incidents of terrorism rising
again, the companies involved in outsourcing their work to countries
like India are worried about their ability to maintain their business
continuity. As a result, companies should not just restrict themselves
to devising an offshore outsourcing strategy, but also look towards
contingency planning for any unwarranted situation. The odds on
the probability of an incident is definitely low, nevertheless
its impact on a business can be quite serious.
In order to achieve and maintain a state of business continuity,
a company must infuse all its processes with ideal crisis planning
according to the resources available. A company must also indulge
in self-analysis of their systems and determine the importance
of each to the business continuity process. Drawing from our experiences
and other case studies, our consultants help clients in understanding
the crisis's that may affect business continuity as well as devise
crisis management plans for the same.
Change Management
The integration of cultures of two organizations in a JV into
one company, each having different customers and services often
poses bigger problems than the financial transactions involved.
The level of difficulty is directly proportional to the geographic
distance and national boundaries between the two organizations
involved in a JV. It often happens that employees from two distinctive
backgrounds, tend to interpret the JV in different ways. Experience
has taught many companies, and rather disastrously, the foolishness
of attempting to integrate a US business model in an Indian scenario.
In these cases, sensitivity to local business and culture become
a must. IBN works in tandem with management teams and employees
to ensure the successful implementation of the integration process
by helping to define the integration strategy, identifying common
goals and solidifying the base for a strong teamwork in a way
that promotes motivation and commitment in the organization. Building
a strong new organization with the capability to successfully
meet the new integrated goals of the enterprise is the ultimate
objective of IBN's labor.
Evaluation Continuum
Monitoring and tracking becomes an important part of any offshore
outsourcing project given the geographical distance between the
outsourcer and its Indian outsourcing operations. IBN can
help clients to evolve tracking indicators to continuously evaluate
their outsourcing operations and can also take on the role of
managing the work on a continuous basis. Through our unwavering
focus on quality and customer satisfaction, and our local expertise
in handling offshore outsourcing operations, we guarantee a reliable
and steady service, designed to meet each and every expectation
of our clients.
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ACQUISITION
It has been only recently that regulatory barriers prohibiting
foreign companies from acquiring Indian enterprises have been
relaxed, offering advantages and benefits to both. With the mounting
pressure of cutting costs while improving on quality and service,
companies should look forward to offshore acquisitions to supplement
their cost-effective and tactical initiative over competitors.
A large number of top companies with their back office operations
in India have already initiated acquisition plans to further their
present positions.
Our IBN consultants and professionals can help you in the
planning and execution of a JV, with the strategic, financial
and operating aspects as well as with our domestic market skills.
As promised, our IBN consultants will work side by side with
you to help you develop your strategy, reach out to the right
candidates, structure the transaction and integrate your processes
with those of the existing ones. Our sole aim is to make your
JV a success. We make it our priority to understand your company
and its culture, integrating the knowledge to recognize the best
vendors that will ensure the success of your establishment.
Identify and Evaluate Candidates
Because of the large number of Indian IT companies and IT-enabled
services companies catering to the US markets and the unfamiliarity
of our clients with the services they provide, IBN consultants
assist clients to sort out offshore vendors who meet the criteria
of their requirements. Initially, IBN uses a list of qualified
vendors from its own database. IBN has its own stringent process
and quality checks to include any vendor into its database.
Valuation and Negotiate Agreement
The ability to adapt to cultures, flexibility in thinking and
experience of people specializing in dealing with contracts and
agreements are always needed during cross-border transactions.
Our IBN consultants, with extensive experience in the Indian
business, political and cultural environment are qualified experts
to offer advice regarding mergers and acquisitions related specially
to offshore outsourcing operations. IBN, with its thorough
knowledge of Indian regulatory and taxation laws is therefore
the right advisors for companies looking to set up their offshore
outsourcing operations in India. IBN recognizes that every
company is unique, necessitating the exact framing of each transaction
for the best results. Our consultants resolutely bargain over
the price, terms and conditions in every transaction while our
legal and tax experts pave the way of all legal and regulatory
hurdles.
Regulatory Clearances
India has been slowly opening its doors to the global economy
which has brought about a lot of policy changes in the country's
regulatory framework, especially in sectors related to IT and
IT enabled services. Although these changes have opened up the
country to foreign companies desirous of establishing their businesses
in India, the paperwork involved in the approval process is still
complex and frustrating.
Interacting with all echelons of the Indian government right
to the Reserve Bank of India (RBI) and the Foreign Investment
Promotion Board, Our consultant's thorough understanding of government
policies enables us to eliminate the time and frustration, while
going through the regulatory process. Also, after the completion
of the regulatory process IBN will keep you updated regularly
on policy changes that may affect you offshore operations.
Crisis Management and Planning
Every company desires to attain and maintain a state of business
continuity, where all the processes involved function smoothly
and at peak levels. However, with incidents of terrorism rising
again, the companies involved in outsourcing their work to countries
like India are worried about their ability to maintain their business
continuity. As a result, companies should not just restrict themselves
to devising an offshore outsourcing strategy, but also look towards
contingency planning for any unwarranted situation. The odds on
the probability of an incident is definitely low, nevertheless
its impact on a business can be quite serious.
In order to achieve and maintain a state of business continuity,
a company must infuse all its processes with ideal crisis planning
according to the resources available. A company must also indulge
in self-analysis of their systems and determine the importance
of each to the business continuity process. Drawing from our experiences
and other case studies, our consultants help clients in understanding
the crisis's that may affect business continuity as well as devise
crisis management plans for the same.
Change Management
The integration of cultures of two organizations in a JV into
one company, each having different customers and services often
poses bigger problems than the financial transactions involved.
The level of difficulty is directly proportional to the geographic
distance and national boundaries between the two organizations
involved in a JV. It often happens that employees from two distinctive
backgrounds, tend to interpret the JV in different ways. Experience
has taught many companies, and rather disastrously, the foolishness
of attempting to integrate a US business model in an Indian scenario.
In these cases, sensitivity to local business and culture become
a must. IBN works in tandem with management teams and employees
to ensure the successful implementation of the integration process
by helping to define the integration strategy, identifying common
goals and solidifying the base for a strong teamwork in a way
that promotes motivation and commitment in the organization. Building
a strong new organization with the capability to successfully
meet the new integrated goals of the enterprise is the ultimate
objective of IBN's labor.
Evaluation Continuum
Monitoring and tracking becomes an important part of any offshore
outsourcing project given the geographical distance between the
outsourcer and its Indian outsourcing operations. IBN can
help clients to evolve tracking indicators to continuously evaluate
their outsourcing operations and can also take on the role of
managing the work on a continuous basis. Through our unwavering
focus on quality and customer satisfaction, and our local expertise
in handling offshore outsourcing operations, we guarantee a reliable
and steady service, designed to meet each and every expectation
of our clients.
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SUBSIDIARY
Many US enterprises are setting up their own offshore outsourcing
subsidiaries in India to facilitate better control and efficient
management of their outsourcing operations. It ensures that the
business practices of the company are applied and executed. In
fact, it is advisable for a company to have its own subsidiary,
especially if the work to be out sourced is very vital to the
company's business process or sensitive to its operations. Owning
its own subsidiary also helps a company to capitalize on its offshore
savings.
Regulatory Clearances
India has been slowly opening its doors to the global economy
which has brought about a lot of policy changes in the country's
regulatory framework, especially in sectors related to IT and
IT enabled services. Although these changes have opened up the
country to foreign companies desirous of establishing their businesses
in India, the paperwork involved in the approval process is still
complex and frustrating.
Interacting with all echelons of the Indian government right
to the Reserve Bank of India (RBI) and the Foreign Investment
Promotion Board, Our consultant's thorough understanding of government
policies enables us to eliminate the time and frustration, while
going through the regulatory process. Also, after the completion
of the regulatory process IBN will keep you updated regularly
on policy changes that may affect you offshore operations.
Operational Setup and Recruitment
IBN has the resources and qualified personnel to guide you
right from the development of an idea to the setting up of a fully
working subsidiary in a short span of time. We work alongside
government officials and a team of proven offshore contractors
to meet the required expectations of your subsidiary.
We also have at your disposal a range of advanced and comprehensive
recruiting services aimed at finding the right personnel for your
operations. We have an in-house set of tools conformed to the
Indian scenario wherein it seeks to gauge the capabilities of
a candidate to those of your requirements. With the help of these
tools, we can guarantee a highly qualified workforce for your
subsidiary.
Process Implementation
We aim to bring about an integration into your business process
by liking those of the subsidiary with those of the parent company's.
The level of difficulty is directly proportional to the geographic
distance and national boundaries between the two organizational
bases. Experience has taught many companies, and rather disastrously,
the foolishness of attempting to integrate a US business model
in an Indian scenario. In these cases, sensitivity to local business
and culture become a must. IBN works in tandem with management
teams and employees to ensure the successful implementation of
the integration process by helping to define the integration strategy,
identifying common goals and solidifying the base for a strong
teamwork in a way that promotes motivation and commitment in the
organization
Crisis Management and Planning
Every company desires to attain and maintain a state of business
continuity, where all the processes involved function smoothly
and at peak levels. However, with incidents of terrorism rising
again, the companies involved in outsourcing their work to countries
like India are worried about their ability to maintain their business
continuity. As a result, companies should not just restrict themselves
to devising an offshore outsourcing strategy, but also look towards
contingency planning for any unwarranted situation. The odds on
the probability of an incident is definitely low, nevertheless
its impact on a business can be quite serious.
In order to achieve and maintain a state of business continuity,
a company must infuse all its processes with ideal crisis planning
according to the resources available. A company must also indulge
in self-analysis of their systems and determine the importance
of each to the business continuity process. Drawing from our experiences
and other case studies, our consultants help clients in understanding
the crisis's that may affect business continuity as well as devise
crisis management plans for the same.
Change Management
Earning the trust and favor of local employees is vital to the
operations of a company in its Indian subsidiary. At IBN,
our consultants have developed a set of measures, using a step
by step approach to effectively transition work from an onshore
to offshore location. With the help of these procedures, we can
use various styles to raise the morale and motivation of your
offshore personnel to ensure the efficient functioning of your
subsidiary.
Evaluation Continuum
Monitoring and tracking becomes an important part of any offshore
outsourcing project given the geographical distance between the
outsourcer and its Indian outsourcing operations. IBN can
help clients to evolve tracking indicators to continuously evaluate
their outsourcing operations and can also take on the role of
managing the work on a continuous basis. Through our unwavering
focus on quality and customer satisfaction, and our local expertise
in handling offshore outsourcing operations, we guarantee a reliable
and steady service, designed to meet each and every expectation
of our clients.
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