The rapid growth of indian IT sector has brought into picture various outsourcing models prevalent in the market.On the first look it might seem that outsourcing isn't a big nut to crack but then there are quite a few critical decisions which come into the foray while taking decisions pertaining to outsourcing some work.
From the fringe there are three vibrant types of offshoring models:
Joint Venture offshoring (JV)
Subsidiary/Captive Development Centre Offshoring
Service Provider OffShoring
Joint Venture offshoring
In a Joint Venture an organization ties up with a local firm or company either by taking an equity stake or by forming an independent company in which either of the companies contributes resources.A joint venture contract may sometimes include build-operate-transfer (BOT) clauses to motivate both parties to work towards a clearly defined exit strategy.
Subsidiary/Captive Development Centre Offshoring
Companies may decide to bypass the JV model altogether and go directly in for a subsidiary or local office if the management is comfortable in dealing with the nitty-gritty of internationalization and local market operations. Some of the popular terms used to describe the model include offshore development center (ODC), captive development center or in some cases simply branch or local office.
Service Provider Offshoring
The JV and subsidiary models of outsourcing may involve deep commitment on the part of a client organization, a move that management at traditional companies may sometimes be averse to. To counter the perceived risks of these models and to capitalize on the benefits of offshoring, companies resort to outsourcing projects, programs and individual work orders to offshore vendors.
Friday, October 19, 2007
Monday, October 15, 2007
SPJCM Evaluation Round
Gone 13th of October I attended my S P Jain's evaluation round , first of the colleges to which I had applied using my GMAT score.I wasn't very much used to the habit of putting on a tie , blazer and things like cufflings and neither do I own these. But then thanks to my brother i was obliged with all these things which now- a -days are important for oneself to look impeccable. And believe me this was bit too much for an person like me who is a bit reclusive atleast as far as dressing is concerned. ;-). Having said this , the glistened look did make me feel a lot more confident !
My big B was kind enough to drop me to the college making sure that even after travelling through the cool , breezyy...not at all humid climate of Mumbai I was still as fresh as ever ;-)
Though I was tumultous within myself but then I tried to keep my cool.
To start off with we had to write two essays .First being to state as to what do i enjoy doing other than my professional work. Second was to mention two life defining moments of mine.
Then there was an case study : which mentioned that if I was the big dude of a company what would I do to protect my company against the various financial irregularities that happen.
Then we had a group discussion , where by we were given two topics the one we selected was "commercialization of health-case services :is it needed".To be honest the GD started off on a chaotic node, and thankully I wasn't part of it for the initial 2 minutes .But then I did get an inch of space to speak , and I am glad I made the best use of it !
Then I had the first of the two personal itnterviews this was an elimination round , so was a bit petrified.But once the interview started it was very smooth, most of the questions were realted to my professional experience , the companies with whom I have worked and about ITIL.
Overall it went off well.Then came the final round that to me sounded more like a formality , but then there were people who got screwed up in this round.For me even this round wasn't bad.
With the sort of performance that leaves one satisfied I am awaiting for the results with my fingers crossed.
P.S. : As on 23rd October I got my Admit call for SPJCM !!
My big B was kind enough to drop me to the college making sure that even after travelling through the cool , breezyy...not at all humid climate of Mumbai I was still as fresh as ever ;-)
Though I was tumultous within myself but then I tried to keep my cool.
To start off with we had to write two essays .First being to state as to what do i enjoy doing other than my professional work. Second was to mention two life defining moments of mine.
Then there was an case study : which mentioned that if I was the big dude of a company what would I do to protect my company against the various financial irregularities that happen.
Then we had a group discussion , where by we were given two topics the one we selected was "commercialization of health-case services :is it needed".To be honest the GD started off on a chaotic node, and thankully I wasn't part of it for the initial 2 minutes .But then I did get an inch of space to speak , and I am glad I made the best use of it !
Then I had the first of the two personal itnterviews this was an elimination round , so was a bit petrified.But once the interview started it was very smooth, most of the questions were realted to my professional experience , the companies with whom I have worked and about ITIL.
Overall it went off well.Then came the final round that to me sounded more like a formality , but then there were people who got screwed up in this round.For me even this round wasn't bad.
With the sort of performance that leaves one satisfied I am awaiting for the results with my fingers crossed.
P.S. : As on 23rd October I got my Admit call for SPJCM !!
SPJCM Application & ITIL
Hey forgot to update this , I am done with my ITIL Foundation certification with fairly decent score of 80 % .
Apart from that , after a lot of thinking and thought provoking discussions i did decide that i won't be applying to any American B-Schools,Now that doesn't that they aren't good for me :-) infact i would say am not good for them ... well to be really honest financial constraints and quite a few other reasons counted in this decision of mine .So i am up for SPJCM , ISB HYderabad , and some time late this year NUS Singapore.
I completed my application form for S P Jain on 17th of September. Although i had given some heads-up to my recommnders,butinline with the SPJ process i could send across the reco forms to my recommenders only on 17th.And to my surprise i got an invite for their second round evaluation today that's on 20th September.I am yet to go to the link they had sent across and select one of 13th and 14th of October.
Apart from that , after a lot of thinking and thought provoking discussions i did decide that i won't be applying to any American B-Schools,Now that doesn't that they aren't good for me :-) infact i would say am not good for them ... well to be really honest financial constraints and quite a few other reasons counted in this decision of mine .So i am up for SPJCM , ISB HYderabad , and some time late this year NUS Singapore.
I completed my application form for S P Jain on 17th of September. Although i had given some heads-up to my recommnders,butinline with the SPJ process i could send across the reco forms to my recommenders only on 17th.And to my surprise i got an invite for their second round evaluation today that's on 20th September.I am yet to go to the link they had sent across and select one of 13th and 14th of October.
Thursday, September 27, 2007
Indo - US Nuclear Deal !
In relation to the Indo-US nuclear deal the two documents much in discussion arethe Hyde Act and the other is the US-India agreement on peaceful uses of nuclear energy under section 123 of the US atomic energy.
The 123 Agreement is so named because the US negotiates nuclear treaties with other countries under section 123 of the 1954 US Atomic Energy Act (USAEA). The agreement paves the way for lifting the international embargo on the export of civilian nuclear technology and fuel the US has led against India since it first exploded a nuclear device in 1974.
Ideally as per the US laws Nuclear/atomic energy co-operations could be initiated by US only with those countries which are already part of the Nuclear non-proliferation Treaty.To enable reaching such an agreement with India as India is not a part of the NPT , US Congress passed United -States India Peaceful Atomic Energy Cooperation Act., popularly knownas Hyde Act.It was passed by the US House of representatives on July 26,2006.
Probably the most controversial point of the INDO -US deal is Point 2.1 of the Indo Nuclear agreement states that "Each party shall implement this agreement this agreement in accordance with its respective applicable treaties,national laws, regulations and license requirements concerning theuse of nuclear energy for peaceful purposes." Its this statment which brings the Hyde Act into picture and this were the goverment and the communist party come head on!
Although the Indian goverment has justified the nuclear agreement with the US from the stand point of meeting India's increasing energy needs and reducing its dependence onoil and natural gas imports.But according to Indian goverment's own projections,even if it sucessful in carrying out its plans to rapidly expand India's nuclear energy capactiy with foreign assistance,nuclear energy will only supply about 5 percent of India's energy needs in 2025.Rather than India's energy needs, it is predatory geopolitical ambitionsof US imperialism and big power ambitions of the India ruling elite that are motivating the Indo-US nuclear deal.Its inevitable result would be to further geopolitically destabilize South Asia and Asia as a whole.
The deal is unclear about permanent fuel supplies, has a broad termination clause and imposes curbs on India's right to conduct nuclear tests. The key provisions of the agreement do not protect India from a tougher American law that mandates stringent penalties should India conduct another nuclear test. The Hyde Act, passed in December last year, provides thatUS President will have discretionary powers to terminate the civil nuclear cooperation if India conducts a nuclear test.The agreement that is derived from the Hyde Act also puts India in the back seat.
The 123 Agreement is so named because the US negotiates nuclear treaties with other countries under section 123 of the 1954 US Atomic Energy Act (USAEA). The agreement paves the way for lifting the international embargo on the export of civilian nuclear technology and fuel the US has led against India since it first exploded a nuclear device in 1974.
Ideally as per the US laws Nuclear/atomic energy co-operations could be initiated by US only with those countries which are already part of the Nuclear non-proliferation Treaty.To enable reaching such an agreement with India as India is not a part of the NPT , US Congress passed United -States India Peaceful Atomic Energy Cooperation Act., popularly knownas Hyde Act.It was passed by the US House of representatives on July 26,2006.
Probably the most controversial point of the INDO -US deal is Point 2.1 of the Indo Nuclear agreement states that "Each party shall implement this agreement this agreement in accordance with its respective applicable treaties,national laws, regulations and license requirements concerning theuse of nuclear energy for peaceful purposes." Its this statment which brings the Hyde Act into picture and this were the goverment and the communist party come head on!
Although the Indian goverment has justified the nuclear agreement with the US from the stand point of meeting India's increasing energy needs and reducing its dependence onoil and natural gas imports.But according to Indian goverment's own projections,even if it sucessful in carrying out its plans to rapidly expand India's nuclear energy capactiy with foreign assistance,nuclear energy will only supply about 5 percent of India's energy needs in 2025.Rather than India's energy needs, it is predatory geopolitical ambitionsof US imperialism and big power ambitions of the India ruling elite that are motivating the Indo-US nuclear deal.Its inevitable result would be to further geopolitically destabilize South Asia and Asia as a whole.
The deal is unclear about permanent fuel supplies, has a broad termination clause and imposes curbs on India's right to conduct nuclear tests. The key provisions of the agreement do not protect India from a tougher American law that mandates stringent penalties should India conduct another nuclear test. The Hyde Act, passed in December last year, provides thatUS President will have discretionary powers to terminate the civil nuclear cooperation if India conducts a nuclear test.The agreement that is derived from the Hyde Act also puts India in the back seat.
Thursday, August 23, 2007
This reminds me of my wonderful college days n there was no decorum in my life, but there were lots of joyous moments .I never really got a jist of Onam celebrations till i celebrated one in the God's Own Country.The milieu out there is so wonderful that it just won't go unnoticed.Inspite of the fact that people in kerala are so relagated still this is one such festival which changes the mood and brings them closer.
I shall never forget those beautiful pookalams,which my grand ma, inspite of her old age ,used to put across religiously each day ,i used to watch it while sipping a hot cuppa.Infact i got so inspired from her dedication at that age that i started helping her out in this daily chore of hers.
While I was in Kerala a Pookalam was a dime-a-dozen event , now that i am not in kerala i miss those .
I still miss those bonhomie people who during Onam made Pookalams, prepare ona-sadya , the delicious payasam. :-)
Though times have changed much but still i sincerely hope that this festivity and celebration mood be there till perpetuity.
Happy Onam to one and all !Monday, August 6, 2007
The person who gave up a 5 Star Job to feed the hungry!
I came across this new article on IBNLive , which mentioned about one Mr.Krishnan.
Krishnan used to work as an Chef at an 5 star hotel , but one day he saw a poor guy who almost ate his waste out of hunger.He immedietly went to a near by restaurant and bought some idli's for him.
Going forward Krishnan formed an NGO called Akshaya , he formed a team of cooks and started helping them with food .Most of the people who are fed by him are mentally challenged
To me it sounds more like a fairy tale , can't beleive that there could be people who might actually give up their luxurious life and do so much for a social cause.
Krishnan looks for contributions and help from people who are willing to donate. His area of work is Madurai.
So just incase u feel that u can as well play ur part then he can be reached at
Krishnan can be contacted at 0452-4353439, 9843319933
Krishnan used to work as an Chef at an 5 star hotel , but one day he saw a poor guy who almost ate his waste out of hunger.He immedietly went to a near by restaurant and bought some idli's for him.
Going forward Krishnan formed an NGO called Akshaya , he formed a team of cooks and started helping them with food .Most of the people who are fed by him are mentally challenged
To me it sounds more like a fairy tale , can't beleive that there could be people who might actually give up their luxurious life and do so much for a social cause.
Krishnan looks for contributions and help from people who are willing to donate. His area of work is Madurai.
So just incase u feel that u can as well play ur part then he can be reached at
Krishnan can be contacted at 0452-4353439, 9843319933
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