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  1. What is a BPO?
  2. Why outsource?
  3. Back office operations evolution
  4. Types of back office services
    1. Administration
    2. Finance
    3. Human resource
    4. Payment services
    5. Other transaction processing
  5. Setting up a back office business
  6. Rules for success
  7. Business process outsourcing includes
  8. Advantages and disadvantages of BPO in it industry
    1. Business benefits
  9. Diving into BPO: five mistakes and how to avoid them
    1. Not knowing why
    2. Not performing due diligence
    3. Not having a transition plan
    4. Not getting It in writing
    5. Not building a relationship
  10. Offshore outsourcing: Implementing change
  11. Offshore outsourcing: Building processes and identifying suitable
  12. BPO: No easy picking
    1. Customer centric activity
    2. Install quality systems and processes
    3. Capital intensive and longer sales cycle
    4. Scalability
    5. Positioning in the BPO value chain
    6. Domain knowledge
    7. Participate in consolidation
  13. Bibliography

The outsourcing history of India is one of phenomenal growth in a very short span of time.
The idea of outsourcing has its roots in the 'competitive advantage' theory propagated by Adam Smith in his book 'The Wealth of Nations' which was published in 1776. Over the years, the meaning of the term 'outsourcing' has undergone a sea change. What started off as the shifting of manufacturing to countries providing cheap labor during the Industrial Revolution, has taken on a new connotation in today's scenario. In a world where IT has become the backbone of businesses worldwide, 'outsourcing' is the process through which one company hands over part of its work to another company, making it responsible for the design and implementation of the business process under strict guidelines regarding requirements and specifications from the outsourcing company. This process is beneficial to both the outsourcing company and the service provider, as enables the outsourcer to reduce costs and increase quality in non-core areas of business and utilize his expertise and competencies to the maximum. And now we can see the benefit to the service companies in India as they mature, prosper and build core capabilities beyond what would generally be possible by the outsourcing company.

Since the onset of globalization in India during the early 1990s, successive Indian governments have pursued programs of economic reform committed to liberalization and privatization. Till 1994, the Indian telecom sector was under direct governmental control and the state owned units enjoyed a monopoly in the market. In 1994, the government announced a policy under which the sector was liberalized and private participation was encouraged. The New Telecom Policy of 1999 brought in further changes with the introduction of IP telephony and ended the state monopoly on international calling facilities. This brought about a drastic reduction and this heralded the golden era for the ITES/BPO industry and ushered in a slew of inbound/outbound call centers and data processing centers. Although the IT industry in India has existed since the early 1980s, it was the early and mid 1990s that saw the emergence of outsourcing. One of the first outsourced services was medical transcription, but outsourcing of business processes like data processing, billing, and customer support began towards the end of the 1990s when MNC's established wholly owned subsidiaries, which catered to the process off-shoring requirements of their parent companies. Some of the earliest players in the Indian market were American Express, GE Capital and British Airways.

The spectrum of services offered by Indian companies has evolved substantially from its humble beginnings. Today, Indian companies are offering a variety of outsourced services ranging from customer care, transcription, billing services and database marketing, to Web sales/marketing, accounting, tax processing, transaction document management, telesales/telemarketing, HR hiring and biotech research.

[...] TECHNIQUES OF ANALYSIS The data collected was categorized and tabulated in percentage forms in a tabular form RESEARCH ANALYSIS TOOLS AND SOFTWARES The data was collected, typed, edited and arranged using Ms-word Ms-Excel Ms-PowerPoint Internet Intranet Human Resource Management Simply put, human resource management (HRM) is a management function that helps managers recruit, select, train and develop members for an organization Obviously, HRM is concerned with the people's dimension in organizations. We quote 3 definitions in HRM. series of integrated decisions that form the employment relationship; the quality contributes to the ability of the organizations and the employees to achieve their objective?. [...]

[...] Current manpower status with respect to: Existing manpower Total manpower budget Pending sanctioned requisitions Manpower project New projects and expansions planned Reallocation of existing manpower Anticipated attrition The resource management committee meets once a month to review The monthly resources plan also takes into consideration the current and planned core competencies and competency development needs. For each identified critical competency in the workforce plan, a detailed competency development plan is made and progress in development plan is made and progress in development of the competency is tracked and reviewed against plan. [...]

[...] Another key development would be the rapid growth in offshore outsourcing, especially in the sectors of Automatic data management, Human Resources Finance and Accounting and Healthcare. The rating agency ICRA reports that by 2006, India is expected to capture 56 per cent share of offshore business process outsourcing business, with the demand for BPO services increasing at an annual growth rate of 50 per cent during 2004-06. The size of the Indian BPO market is likely to be around $9-12 billion by 2006 and it will employ around 400,000 people. [...]

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