Essay on Indian Bpos Waking Up to the Philippines...

Case Study -1: Indian BPOs Waking Up to the Philippines Opportunity? To: In Partial Fulfilment for MBA in Management and Administration How has the Economic downturn, discussed in the opening profile and throughout this chapter, impacted jobs outsourcing in the BPO Industry? According to the Business Dictionary, Economic downturn is a situation in which the economy of a country experiences a sudden shift brought on by a financial crisis. (as cited on Business Dictionary.com. Retrieved 6.10.12.Copyright ©2012 Web Finance, Inc. All Rights Reserved) â€Å" Business process outsourcing (BPO) is†¦show more content†¦This was a cause for concern because the bank’s assets were greater than the country’s economy. The Chinese cut interest rate by 0.27percentage point. The Ireland government secure their citizen’s saving, by promising great incentives and rewards such as bonds and deposits. The Indian government had to invest 12.2bn into the money market when their stock market tumbled to its lowest. This crisis affects the outsourcing BPO industry in that governments implement strategies that alter their profit margin and decision making. These strategies also prevent institutions from taking irresponsible risk, which would have caused the government to bail out the institutions and consumers losing their monies. Governments have to protect their people’s deposits, therefore strong restriction were put in place so that companies make informed decision before investing and outsourcing other resou rces. Managers in the BPO industry have to adjust their strategies and managerial style to accommodate these issues which can be crippling. Referencing to this chapter and this case, discuss the general trends in globalization of human capital? When a company decides to invest in another country there are several investigations that must be done. They must assess keenly the political, legal, technological, competitive and cultural factors in regards to the intending approaches and operations. â€Å"TheShow MoreRelatedIndian Bpos- Waking Up the Philippines Opportunity1435 Words   |  6 PagesIndian BPOs- Waking up the Philippines Opportunity Analysis The Indian labor market has always been key in globalization, and has been attractive due to its low wages, and the scientific and managerial talent found in the country. The main issues faced in this case mostly stem from the loss of the tax abatement in India, in addition to the weakening US dollar. Due to these two issues, doing business in India versus other fruitful options like Philippines becomes very expensive. These are majorRead MoreIndian Bpos- Waking Up the Philippines Opportunity Case Analysis776 Words   |  4 Pagesexpensive to do business in India compared to other locations like the Philippines. B. Micro- In India the transportation and infrastructure costs continue to hurt the bottom line. II. Causes- Tax abatement ended in 2009, transportation and infrastructure costs are not going away and other countries have more attractive incentives to bring in higher margins. III. Systems affected- The whole upswing in bringing BPOs into India has been affected, it is no longer that attractive to bringRead MoreIndian Bpos Essay906 Words   |  4 PagesCase Study- Indian BPOs- Waking up to the Philippines Opportunity 1. How has the global economic downturn, discussed in the opening profile and throughout this chapter, impacted jobs outsourcing in the BPO industry? The global economic downturn has impacted jobs outsourcing in the BPO industry as it has helped to be one of the largest job creators in India. Due to this, many companies had to increase their operations output and therefore employ more and more people to keep up with the expandingRead MoreStudy of Recruitment Process and E- Recruitment12119 Words   |  49 Pagesdeploying web-based tools for inviting and comparing resumes. The term e-recruitment means using information technology (IT) to speed up or enhance parts of the recruitment process. It ranges from the applicant interface for advertising vacancies and making job applications, to the back office processes, which allow a liaison between human resources (HR) and line managers to set up a talent pool or database of potential recruits. Many big and small organizations are using Internet as a source of recruitment