Tuesday, March 10, 2009
Intelligent Business process Outsourcing
Do you have any idea about a business where capital investment is negligible and performance is outstanding? It is nothing but Business Process Outsourcing, one of the hottest trends in IT services.
‘BPO is the allocation of an IT-enabled business process to a third party that assumes ownership, administration and management of that process.’
In the background of economic recession, businesses are turning more to BPO and this practice will naturally grow.
BPO is, dissimilar from IT-services outsourcing, in which a company provides service operations or application development to a chosen service provider. It is a strategic business process based on mutual understanding that needs assurance from both the client and the service provider.
BPOs can work well if they understand the requirements of the clients and are if capable of clarifying doubts. Business process outsourcing needs intelligent and creative minds to figure out the optimum and optimized solution.
Intelligent BPO is a concept that highlights how intelligent you are to handle a strategic business process. Cost advantages can be provided only when process is streamlined to the best solution. When the saturation point is met for each optimization, intelligent BPO makes a quote for that saturated phase.
Companies round the world use BPO strategy to manage some of their non-core activities and to meet planned objectives, simultaneously cutting down costs and increasing efficiency.
If you want this business tactics to work for you, you need to decide the business functions that are to be outsourced, as certain functions like decision making cannot be outsourced at all.
It is quite interesting to find out that the non-core activities of some companies that outsource their work become the core activities of the BPO companies. BPO offers commendable cost advantages and lifts off a lot of stress to the business giants who don’t have time to spend on all the activities in their respective firms.
Get wiser and take an intelligent decision today as BPO paves an easy path to increased enterprise productivity and flexibility.
Article by Rarima.N.S
SBL BPO Services
http://www.saibposervices.com/
SBL – BPO
Monday, February 9, 2009
Valentines Day 2009 gift ideas for the busy BPO employees
"It is sad fact that the ever-flowing processes of BPO industry never let the employees to go boogie on the green pastures of tender emotions. Take time to recapture the spirit of love back to your life. This Valentine’s Day offer your love an unforgettable gift and make him/her feel special and inevitable in your life."
Attention, the ever busy BPO personnel! January has already scooted past us and its Valentine’s Day once again on this February 14th. Just lift your heads and spirits from the shabby pile of unfinished work and have a look around! The lively and fiery spirit of love has started to rage and pass from heart to heart at the very onset of February.
It is a pity that the ever-flowing processes of BPO industry never let the employees to go boogie on the evergreen pastures of such tender emotions. They have no time to sleep or eat properly, let alone have a romantic candle-lit dinner with their Valentine under a star-lit sky.
But as life is too short and take some time to dream, to laugh and spend sometime with the one you love so dearly. It would make your otherwise monotonous life bloom and blossom out to a garden of fresh flowers.
Do you rememer the last time you gave a gift to your beloved? Not exactly, isn’t it? Precious moments of life are oozing out of your hand like sand from an hour glass.
It’s high time that you recapture the spirit of love back to your life. This Valentine’s Day offer your love an unforgettable gift and make him/her feel special and inevitable in your life.
You can surf the net which gives you an amazing range of gift options. Cookie bouquets, Valentine hearts, sweetheart jewelry and watches, exclusively designed dresses, health/spa packages, fresh roses, romantic wine & gourmet gift baskets – well, the list is endless.
The highly daring and romantic ones who are ready to spend luxuriously can even step aboard one of the cruise ships and experience a night having breathtaking views of the city with the accompaniment of delicious food while dancing under the stars…
Do these ideas sound to be very ordinary ones? Then go through these typical BPO ones.
Some BPO gift ideas:
A completely new and personalized Valentine card telling your beloved, “For life-long love, care, financial & accounting help, choose me as your life partner”.
A well-decorated cake saying, “I propose my Valentine - Will you outsource your love? I will provide 100% accuracy and return it keeping the best TAT possible”.
A customized T-shirt with “YOU & ME - make perfect Outsourcing Partners for life”, printed on it along with your photos.
A set of exclusive hankies organizing a week-long program printed on them:
Monday- “At MacDonald’s for quality food with return on Investments”.
Tuesday – “At the Theatre for some video tagging”
Wednesday – “At any of your favorite boutique for dress selection and payment online through payment gateway”.
Thursday – “At the jeweler for a diamond ring with cutting edge technology”.
Friday – “At Baskin & Robbins for reliable and limitless ice cream”.
Saturday – “At the sidewalks of the city for plan drafting and designing”.
Sunday - “At your home, asking your parents to outsource their daughter to me as my life partner”.
A box pack iphone that is secure, robust and efficient.
If these ideas seem to be tempting, you can also think in similar terms which would lead you to unique and enthusiastic gift ideas. Don’t wait till the next year’s Valentine’s Day. Live each moment of your life… now!!!
Article by Rarima.N.S
SBL BPO Services
Thursday, January 1, 2009
BPO advantages in financial crisis
"Economic recesion has hit the world with vengeance. But the industry which has thrived this adversity is the BPO industry. When costs of doing work in-house has increased in the companies abroad, they have started to outsource their business requirements, which in turn has become a blessing in disguise to us."
Even Nasscom, the industry association, points out that the current fiscal crisis in the United States will adversely affect the Indian BPO/IT sectors as the clients from USA would be very vigilant in their unrestricted spending on outsourcing their projects.
But, imbibing the spirit of true ‘Indianism’, we are good at the art making positives out of negatives. So we are as quick as a squirrel to turn this crisis into an advantage for the BPO sector in the long run.
The advantages of Indian BPO industry in the present scenario is discussed in the article.
This global economic recession will compel diverse financial organizations to outsource more work to cut costs to a large extent. This will definitely boost the Business Process Outsourcing (BPO) from the financial services sectors abroad, with our estimated work inflow increased to 40-45 times the current market size over the next five years.
Today the Indian BPO is the most upcoming and mushrooming industry attracting the educated youth all over the country. Indian BPO workforce offers several advantages over their western counterparts both in terms of cost savings (low-cost labour) and availability of resourceful manpower.
The revenue generated by the BPO & KPO industry in India is estimated to Rs.1,160 crores and provides employment to almost 7-8 lakh people in the year 2007-08. The largest contributor to the Indian BPO-KPO export market in 2007 is USA with a lion’s share of around 61%.
The Everest Research Institute predicts that for India, being the hub of global outsourcing for financial services, the opportunity for global BPO will mount to USD145 to 165 billion for India based services, within the next five years. The outsourcing of BPO projects from the insurance sector will have a steady rise, about 12-15 times simultaneously, according to the report.
Banking sectors and other financial firms are undergoing significant cost-reduction pressure and are therefore planning to move jobs offshore.As I told you earlier in this article, Indians have the untiring spirit to rise from the ashes like the phoenix. Let this spirit kindle the minds of our people to rise up from the unrest and anxiety that looms around and to strive more to reap the best out of the worst.
Article by Rarima.N.S