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.
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