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Casual Articles - BPO: A Sweet Seduction
Bill Gates Tells the Secret of His Success re for any charity or work force empowerment but preying for fresh on low wages in order to curtail their expenditure. If we analyze the background of fresher, they are either from the middle class or star class of the society. Around 70% - 75% are from the lower middle class or middle class. According to the social analyst “the front runners for catching job are the students hail from vast middle class of Indian society however undeniably they have been the only reservoir of knowledge and research works for the different walks of life.” Result – to show the back to the challenges of ‘how to nurture the reservoir of knowledge’ have been inevitable. The present studies say that the enrollment in American Institutes declined from around 80,000 in 2004-05 to 76,503 in 2005-06 and will continue to fall in the forthcoming years also. But the interesting fact is that the ranks of students are swelled by 32% over the previous year. Decline in the number of candidates dreaming for technical/semi-technical studies and rapid declining value addition at the vast majority of unBill Gates, the richest person of the world (net worth 46,5 billion UD dollars - Forbes 2005), was born on 28th October, 1955. His zodiac sign is Scorpio, and he is passionate, very hardworking and benevolent. The world has been talking about his secrets of success for so many years. Let’s here talk about what Bill Gates himself told about the secret of success. The biggest business channel of Indian media NDTV Profit arranged a talk show with Bill Gates and the most successful business executive of Asia Narayana Murthy. When a businessman from the audience asked Bill Gates the secret of success the great tycoon presented a five-point master formula of success: 1. Passion, 2. Intelligence, 3. Integrity, 4. A Good Team, and 5. Leadership. Now from whom can you learn better than the Bill Gates?1. FIND OUT YOUR PASSIONNo mind-boggling success story has been written till now without a great passion. Passion generates focus – so necessary to get success in any field. Bill Gates himself has immense passion for computer and software. When he was admitted in Lakeside School he got hooked to the computer there and surpassed the knowledge of his teacher within a week. Amazing passion indeed! Soon he wrote his first programme, at the age of thirteen. According to great scientist Albert Einstein genius is one percent inspiration and ninety-nine per Is Your Corporate Wellness Program Floundering? Can a sweet, chocolate coated figure appeal for the sweet and dreamy seduction?Is Your Corporate Wellness Program Floundering?Companies are instituting corporate wellness programs, often with mixed results. The idea behind a corporate wellness program is actually quite solid: these programs are opportunities for employees to get the help they need to prevent illness.The general idea of a corporate wellness program is that since as many as 80% of illnesses can be avoided with some preventative care, more attention to corporate fitness can improve productivity, reduce company costs, and can result in happier employees.While some corporate wellness programs seem to be doing just fine, they are the minority. Some studies have suggested that only about 1 out of 9 corporate wellness programs are seen as successful. This means that many corporate wellness programs are costing money but not producing desired results.In fact, some employers report that expensive employee exercise and employee wellness programs are used by only a tiny minority of employees - usually those employees who are already fit. Many companies that have invested in a corporate wellness program find that their workers are as unhealthy as ever!What is behind this alarming trend in corporate wellness programs? Research by Golding Corporate Wellness, Inc (http://www.corporate-wellness-mistakes.com/) has revealed specific factors that l ...Probably not… The evolution of new class in Indian society – ‘Educated labourer class’ is on the verge of asserting this fact. Recalling the days few months back, the lucrative job proposals rained by the BPO world at the doorstep of Delhi University was applauded not only through out Delhi but almost all the northern states like – Uttar Pradesh, Bihar Punjab, Haryana. In that scenario no one was in mood to spare his/her chances to boast on the matter of unemployment. Why not…, in fact the population which is going to caress 1.5 billion mark in future seems to be mammoth challenge before ‘we the people of India’. Currently, over 7% of the labour force are totally unemployed which comes around 400 million. Through the NREB (national rural employment bill 2004) the present UPA government tried to intercept the cyst of unemployment in rural areas. This bill was aimed to provide anyhow, at least the employment in the rural areas. But it is a matter of introspection of the psychology which was adopted while drafting the NREB how effectively that psychology will handle the educated labour force of India. No considerable measures have been adopted as yet to address the problem of improving the higher education status in India and positive resources to absorb them. Every year, 2.1 million graduates and 0.3 million post graduates pass out of non-technical colleges. This figure, somehow, attracted and fetched the attention of those countries that were looking for the chance to slash their operational cost in business. Leaving millions of work force unemployed the top notch companies from the US, the UK, Australia and many other bourgeois countries started to outsource their parts of business in terms of services, data maintenance and so to the developing countries. Thus, the term BPO evolved and strengthened its position in the world market. On one hand where it started to boom the developing countries like India, on the other hand it received a curse of million of unemployed work – force of those countries who came on road overnight. The cause was evident and crystal clear – ‘Profit’. However, business is responsible for its impact on society also whether intended or not. But the origination of this consortium comes from the womb of curses, negations, hue and cries of millions of lamented populace. Naturally, the aftermath reflected in the US election which was contested on the center point of outsourcing, the Democrat defeated the Republicans with a great mandate and in addition to that William Greene (US international trade commission) had figured out the flaws related to the policies of outsourcing in his report heading “Growth in service outsourcing to India: Propellant or drain on the US economy” in Jan.2006. Thus, for how long booming BPO will keep booming us became a burning question in the countries like India. Setting aside the speculation over the longevity and durability of the BPO, it is evident that BPO, in India, had significantly given a boost to the Indian economy by employing 4,00,000 people and having a bulk size of $9-12 million recording a growth of 37% of year on year basis. But it is expected that the BPO will face shortage of 2, 62,000 workers by 2012 which is currently facing the problem of quality human resources. Over 50-60% of attrition rate which is highest among all conventional or non-conventional sectors in India is also significant to be noted. The nine cities of India where 90% of Ites – BPO are located – Chennai, Bangalore, Hyderabad, NCR (National Capital Region), Pune, Kolkata, Kochi, Mumbai and Ahmedabad are coincidently hub of academics and reservoir of quality production in India too. Thus companies in these are forced to complete for the same worker due to their need of more manpower which leads to wage inflation, saturation of market or knocking the door of fresh work force from the production house whether it is Delhi University or any other universities ignoring the result of stumbling block in the formation of GenNext. It was recorded that in 2004-05 the salary at the captive units have increased between 9.7%-14.3percent in comparison 4-5% growth with the European countries or Americans. In fact, they are not there for any charity or work force empowerment but preying for fresh on low wages in order to curtail their expenditure. If we analyze the background of fresher, they are either from the middle class or star class of the society. Around 70% - 75% are from the lower middle class or middle class. According to the social analyst “the front runners for catching job are the students hail from vast middle class of Indian society however undeniably they have been the only reservoir of knowledge and research works for the different walks of life.” Result – to show the back to the challenges of ‘how to nurture the reservoir of knowledge’ have been inevitable. The present studies say that the enrollment in American Institutes declined from around 80,000 in 2004-05 to 76,503 in 2005-06 and will continue to fall in the forthcoming years also. But the interesting fact is that the ranks of students are swelled by 32% over the previous year. Decline in the number of candidates dreaming for technical/semi-technical studies and rapid declining value addition at the vast majority of uni To Shred Or Not To Shred - That Is The Question y which was adopted while drafting the NREB how effectively that psychology will handle the educated labour force of India. No considerable measures have been adopted as yet to address the problem of improving the higher education status in India and positive resources to absorb them.Records management is one of the most important elements of good business management, and there are several instances when you need to destroy your records for the good of your customer and for your own protection.1. You Don't Want To Break The Law, Do You?Your business or organization must comply with regulations and laws. These regulations require that your business or company protect vital information when it is discarded. HIPAA and the GLB act needs certain physical safety measures such as shredding or proper document destruction to be done to meet this requirement.2. Make Your Clients HappyOftentimes, individuals are afraid of identity theft and invasion of privacy through those pertinent information that your company's records database contains. It is your sole responsibility as the records manager to destroy these documents for them since you are entrusted with information that they deem to be very confidential. Many clients know that you are supposed to protect all their confidential information through destruction. If your employees' (current or former) privacy that is at stake, you should not wonder if they know that it is your responsibility to protect their personal information.3. Document Destruction in Its Many Forms- Shredding - Physical Destruction - Incineration4. One-time or Oft Every year, 2.1 million graduates and 0.3 million post graduates pass out of non-technical colleges. This figure, somehow, attracted and fetched the attention of those countries that were looking for the chance to slash their operational cost in business. Leaving millions of work force unemployed the top notch companies from the US, the UK, Australia and many other bourgeois countries started to outsource their parts of business in terms of services, data maintenance and so to the developing countries. Thus, the term BPO evolved and strengthened its position in the world market. On one hand where it started to boom the developing countries like India, on the other hand it received a curse of million of unemployed work – force of those countries who came on road overnight. The cause was evident and crystal clear – ‘Profit’. However, business is responsible for its impact on society also whether intended or not. But the origination of this consortium comes from the womb of curses, negations, hue and cries of millions of lamented populace. Naturally, the aftermath reflected in the US election which was contested on the center point of outsourcing, the Democrat defeated the Republicans with a great mandate and in addition to that William Greene (US international trade commission) had figured out the flaws related to the policies of outsourcing in his report heading “Growth in service outsourcing to India: Propellant or drain on the US economy” in Jan.2006. Thus, for how long booming BPO will keep booming us became a burning question in the countries like India. Setting aside the speculation over the longevity and durability of the BPO, it is evident that BPO, in India, had significantly given a boost to the Indian economy by employing 4,00,000 people and having a bulk size of $9-12 million recording a growth of 37% of year on year basis. But it is expected that the BPO will face shortage of 2, 62,000 workers by 2012 which is currently facing the problem of quality human resources. Over 50-60% of attrition rate which is highest among all conventional or non-conventional sectors in India is also significant to be noted. The nine cities of India where 90% of Ites – BPO are located – Chennai, Bangalore, Hyderabad, NCR (National Capital Region), Pune, Kolkata, Kochi, Mumbai and Ahmedabad are coincidently hub of academics and reservoir of quality production in India too. Thus companies in these are forced to complete for the same worker due to their need of more manpower which leads to wage inflation, saturation of market or knocking the door of fresh work force from the production house whether it is Delhi University or any other universities ignoring the result of stumbling block in the formation of GenNext. It was recorded that in 2004-05 the salary at the captive units have increased between 9.7%-14.3percent in comparison 4-5% growth with the European countries or Americans. In fact, they are not there for any charity or work force empowerment but preying for fresh on low wages in order to curtail their expenditure. If we analyze the background of fresher, they are either from the middle class or star class of the society. Around 70% - 75% are from the lower middle class or middle class. According to the social analyst “the front runners for catching job are the students hail from vast middle class of Indian society however undeniably they have been the only reservoir of knowledge and research works for the different walks of life.” Result – to show the back to the challenges of ‘how to nurture the reservoir of knowledge’ have been inevitable. The present studies say that the enrollment in American Institutes declined from around 80,000 in 2004-05 to 76,503 in 2005-06 and will continue to fall in the forthcoming years also. But the interesting fact is that the ranks of students are swelled by 32% over the previous year. Decline in the number of candidates dreaming for technical/semi-technical studies and rapid declining value addition at the vast majority of un Simple Risk Reversal Formula Will Send Your Sales Into Space (1 of 2) se was evident and crystal clear – ‘Profit’. However, business is responsible for its impact on society also whether intended or not. But the origination of this consortium comes from the womb of curses, negations, hue and cries of millions of lamented populace. Naturally, the aftermath reflected in the US election which was contested on the center point of outsourcing, the Democrat defeated the Republicans with a great mandate and in addition to that William Greene (US international trade commission) had figured out the flaws related to the policies of outsourcing in his report heading “Growth in service outsourcing to India: Propellant or drain on the US economy” in Jan.2006. Thus, for how long booming BPO will keep booming us became a burning question in the countries like India.Make A Bold Promise Then Back It Up With An Awesome GuaranteeOnce you know what problem you, your service or your business can solve or what genuine benefit you can deliver then guarantee it!A bold promise backed up with an awesome guarantee:* Enables You To Significantly Raise Your Price* Gives You A Genuine Differentiator* Increases Sales and Commitment* Demonstrates Rock-Solid Certainty In Your Abilities - People Find This Confidence Very AttractiveIf you don't currently guarantee what you do then I bet it's down to one of these three things...1. You don't really know what you do2. You're not convinced of your ability to deliver3. You're afraid of getting ripped offSo before I share the simple formula - let's address your concerns one-by-one...1. You don't really know what you doNow, I know most people think they know what they do - but experience shows time and time again that they don't.If you're a consultant - you don't really sell consulting.If you're a coach - you don't really sell coaching.Despite what you might think, people are buying the results that your coaching or consulting brings. For a marketing consultant - your client is really buying the key to - more customers (and at a higher level - more profit).When you know this Setting aside the speculation over the longevity and durability of the BPO, it is evident that BPO, in India, had significantly given a boost to the Indian economy by employing 4,00,000 people and having a bulk size of $9-12 million recording a growth of 37% of year on year basis. But it is expected that the BPO will face shortage of 2, 62,000 workers by 2012 which is currently facing the problem of quality human resources. Over 50-60% of attrition rate which is highest among all conventional or non-conventional sectors in India is also significant to be noted. The nine cities of India where 90% of Ites – BPO are located – Chennai, Bangalore, Hyderabad, NCR (National Capital Region), Pune, Kolkata, Kochi, Mumbai and Ahmedabad are coincidently hub of academics and reservoir of quality production in India too. Thus companies in these are forced to complete for the same worker due to their need of more manpower which leads to wage inflation, saturation of market or knocking the door of fresh work force from the production house whether it is Delhi University or any other universities ignoring the result of stumbling block in the formation of GenNext. It was recorded that in 2004-05 the salary at the captive units have increased between 9.7%-14.3percent in comparison 4-5% growth with the European countries or Americans. In fact, they are not there for any charity or work force empowerment but preying for fresh on low wages in order to curtail their expenditure. If we analyze the background of fresher, they are either from the middle class or star class of the society. Around 70% - 75% are from the lower middle class or middle class. According to the social analyst “the front runners for catching job are the students hail from vast middle class of Indian society however undeniably they have been the only reservoir of knowledge and research works for the different walks of life.” Result – to show the back to the challenges of ‘how to nurture the reservoir of knowledge’ have been inevitable. The present studies say that the enrollment in American Institutes declined from around 80,000 in 2004-05 to 76,503 in 2005-06 and will continue to fall in the forthcoming years also. But the interesting fact is that the ranks of students are swelled by 32% over the previous year. Decline in the number of candidates dreaming for technical/semi-technical studies and rapid declining value addition at the vast majority of un What is B2B? But it is expected that the BPO will face shortage of 2, 62,000 workers by 2012 which is currently facing the problem of quality human resources. Over 50-60% of attrition rate which is highest among all conventional or non-conventional sectors in India is also significant to be noted. The nine cities of India where 90% of Ites – BPO are located – Chennai, Bangalore, Hyderabad, NCR (National Capital Region), Pune, Kolkata, Kochi, Mumbai and Ahmedabad are coincidently hub of academics and reservoir of quality production in India too. Thus companies in these are forced to complete for the same worker due to their need of more manpower which leads to wage inflation, saturation of market or knocking the door of fresh work force from the production house whether it is Delhi University or any other universities ignoring the result of stumbling block in the formation of GenNext. It was recorded that in 2004-05 the salary at the captive units have increased between 9.7%-14.3percent in comparison 4-5% growth with the European countries or Americans. In fact, they are not there for any charity or work force empowerment but preying for fresh on low wages in order to curtail their expenditure. If we analyze the background of fresher, they are either from the middle class or star class of the society. Around 70% - 75% are from the lower middle class or middle class. According to the social analyst “the front runners for catching job are the students hail from vast middle class of Indian society however undeniably they have been the only reservoir of knowledge and research works for the different walks of life.” Result – to show the back to the challenges of ‘how to nurture the reservoir of knowledge’ have been inevitable. The present studies say that the enrollment in American Institutes declined from around 80,000 in 2004-05 to 76,503 in 2005-06 and will continue to fall in the forthcoming years also. But the interesting fact is that the ranks of students are swelled by 32% over the previous year. Decline in the number of candidates dreaming for technical/semi-technical studies and rapid declining value addition at the vast majority of unWhat is B2B?B2B stands for Business to Business. B2B e-commerce is the most cost effective way for sellers to reach buyers around the globe.B2B MarketplaceA Business to Business (B2B) marketplace is an Internet marketplace where exporters, importers, traders, traders, brokers, manufacturers, wholesalers, retailers, and other business communities from around the world meet for buying and selling. From meeting the customer to fixing the deals along with the payment is held online with no physical interaction. This is the biggest advantage of a B2B marketplace. So a B2B marketplace is a place where B2B trade is carried on. Visit our Home page to have a look at such a marketplace.B2B tradeB2B trade includes posting an offer (trade offer) by company to find buyers for their products. This trade offer includes the details of products that a company is offering and is posted. Then an interested buyer replies to this offer and the online B2B trade is completed with payment from the buyer and delivery of the product from the selling company.B2B AuctionsThis is done in the same way as Trade Offers companies post their products to sell them through an Online Auction. Interested buyers place their bids for the product. When the bidding time closes, the buyer with highest bid gets the deal an Managing Change - The Truth and Change re for any charity or work force empowerment but preying for fresh on low wages in order to curtail their expenditure. If we analyze the background of fresher, they are either from the middle class or star class of the society. Around 70% - 75% are from the lower middle class or middle class. According to the social analyst “the front runners for catching job are the students hail from vast middle class of Indian society however undeniably they have been the only reservoir of knowledge and research works for the different walks of life.” Result – to show the back to the challenges of ‘how to nurture the reservoir of knowledge’ have been inevitable. The present studies say that the enrollment in American Institutes declined from around 80,000 in 2004-05 to 76,503 in 2005-06 and will continue to fall in the forthcoming years also. But the interesting fact is that the ranks of students are swelled by 32% over the previous year. Decline in the number of candidates dreaming for technical/semi-technical studies and rapid declining value addition at the vast majority of universities are also significant to be noted. Thus, this is nothing but the penetration of money in the honey of academics and no bees are available to safeguard them.Do you think the truth has anything to do with change? Really? It does and I’ll show you what I mean. Several years ago I was working a project for a company doing around $8 billion dollars a year at the time when the CEO decided to improve every process ten times … thus the project was dubbed 10X.It was colossal in its size and scope. They put two hundred people on the project and ninety consultants and planned a mere two years, at the behest of the consultants, to complete the end-to-end redesign of every process in the organization. The advice was that they could do this in one year design and one year implementation. Foolhardy but we all embarked on the journey.The redesign included accounts payable, receivable, a new handheld computer for the retail side of things, inventory system and you name it. The size and scope made it impossible to complete but what made it worse was the complete absence of truth. Not only did anyone not want to tell the Emperor he had no clothes, telling the truth was punished severely.Well as you can tell this was a train wreck waiting to happen. The change train was barreling down the track and it was just a matter of time. The operations group headed by my boss was given the project to ‘implement’ at the two year and three month mark. The only problem was there was nothing to implement that actually wo There is growing paradox in the industry esp. the voice based call centers. Despite of the fact that the BPO firms have much innovation, flexibilities and freedoms, at the core, it denotes a relatively hollow form of life. Portrayal of ‘work as fun’ and ‘workplace as another campus’ is the central logic through which the potential workers are attracted to and engaged in the BPO sector. The superior fa?ade of work in the sector and the vibrant ambience of workplace – with sweeping glass and concrete buildings, factory of jazzy computers, the company of smart and trendy peers –help in drawing educated and fun loving youngsters from urban middle class, who are fascinated with western ways of living and modern work environments. A review of advertisement of BPO reveals that preferred attributes of a call center are that of young graduates/undergraduates with English speaking and comprehension ability. The firm, in their profile and advertisements toss the bright ambience of workplace with lucrative offers as the prime aspect of attraction. The comparatively easy access to job, a good communicator, having little typing skills and a command over English is all that it requires. Though a newly hired agent engages in somewhat slightly elevated job of a receptionist/computer operator or a telephone operator, the firm are found labeling the job with very attractive nomenclature such as customer support associates, customer support officers, customer care officers, customer care executives and so on. All these cumulatively lead to favourable supply conditions in the labour market and the emergence of new genre of workers who stand apart from the regular workers of conventional manufacturing/service sectors in terms of socio-economic and demographic attributes. More or less, it fails to garner the prestige of “white collar job” among the youths now. The reason which can be summoned through the dialectic of data which reveals that the average year of education of the new breed of workers is16 years fills the qualified breeds to alienate from the main stream. It gives only the idea of work as fun rather than any seriousness and sincerity with professional touch. This is really a conundrum to understand the BPO life-cycle. The average tenure at a voice-based Indian BPO is merely 18 months and 3-4 years for the other types of business process outsourcing firms in comparison to the normal service life of 25-30 years. Despite of all the positive features of attracting the young breed of ‘educated labourer class’ why the BPO is facing the annual attrition rate of around 50-60% needs an exigency of to be pondered over. The NASSCOM, National Human resource development network and ICRA in BPO report point out the cause of attrition as – wage inflation, expectation mismatch, job stagnation, lack of growth, quest for a better job, content and dissatisfaction with the company policy. But ultimately it gives inconsistency within. The BPO culture however, has resulted in the creation of a new class of workers with distinct features and differently conceived identity eroding even the basic rights at work. This class is not only squaring him from the education but willing to be trapped into the seduction of money and repent on their decision when their golden phase of learning comes to a permanent end. They joined initially for the sake of fun only but later, when they address the real challenges of their reel of life which is many more than the pharaoh monetary need, it becomes too late to move back. Either they are kicked off under the ‘push attrition’ measures of the company in order to save themselves from the long time commitments of their employee or voluntary attrition due to non-compliance of expectations which are natural due to nature of the work. That’s why, the immediate challenge of the researchers and social scientist here is to delineate and explore the insecurities and vulnerabilities are so veiled in the organizational logic of the firm. However, every act decision and deliberation of business management has economic performance as its first dimension but if any firm or organizat
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