Emerging Business trends
Companies are being compelled to intensely focus only on core business
activities to remain competitive. Intense pressures of Global
competition have resulted in the following trends-
Manufacturing companies are trying to become Global sources through
rapid up-gradation of product Designs and Quality, combined with
capacity increases to Global levels. While the first strategy requires
Shrinking time-to-market continuously, the latter involves organic
growth through green-field / brown-field projects or inorganic growth
through takeovers. In either case the crucial first step is to acquire
large Global customers from the advanced countries.
Service companies are rapidly becoming
Global sources for a broad range of common business processes, as can be
seen from the torrid growth in the BPO sector. Along with this race for
volumes in providing standard services, the window of opportunity for
catering to high-skilled service requirements of corporate clients both
in India and abroad is opening up.
A number of skilled activities are already being
outsourced. Product design, Design modeling & Verification, After-sales
service, Enterprise solutions, etc., are a few such examples. More
recently we have seen moves to even R&D activities to RPOs. The
traditional boundaries separating activities that can be out-sourced
from those that cannot are disappearing.
Resulting
business scenario
Large companies will continue to widen the scope of their captive BPO
companies so as to drive down the cost of an increasing proportion of
their own business processes, while also possibly cornering the
strategic advantage of controlling the cost of competitors’ processes by
expanding into third-party services as global ESPs. The services market
will get dispersed mainly along 3 axes –
¤ Extent of Captivity of services,
¤ Skill level of Services and
¤ Extent of Strategic importance of Services.
The
opportunities for providing services in special skills to corporate
clients will increase exponentially, accompanied by a proliferation in
the nature of skills required.
BizMentors Business Goal
To develop into a highly reputed, reliable source capable of providing holistic and complete business solutions through high-skilled services in the fields of Turnkey Management Consultancy, Corporate Training and Development of Software Solutions for corporate clients of all sizes, cutting across all industries in both manufacturing and services sectors. BizMentors will provide a unique brand of service that ensures continuous value addition to clients under the "EASII" value chain model. |