Wednesday 27 February 2013

The Wheel of Change moves on…


“To exist is to change, to change is to mature, to mature is to go on creating oneself endlessly.” – Henry Bergson

They say ‘change is inevitable’. But some changes are long awaited and once they finally begin to happen, they are ought to be revolutionary.

Having spent over two decades towards my passion, I moved ahead in my career as a start-up specialist and co-founded SPARSH BPO Services Ltd. & SPANCO BPO Services Ltd. During my years with them, I always stuck to the belief that the outsourcing industry had more to it. It had the potential to grow bigger and better.

And continuing with my commitment towards delivering revolutionary and innovative services to the marketplace, it became easy for me to recognize the change taking over the BPO sector in India, when I came to Hero BPO.

Given the market dynamics, the outsourcing industry today stands at a juncture where it is not only trying to shed its 'call centre' image, but also spearheading towards becoming a larger entity - Business Process Management, as opposed to just outsourcing or off-shoring.

I feel re-branding the term BPO to BPM is more appropriate to the industry considering the maturity level it has attained now. From just being a mere third party service provider to becoming a business partner who will manage the entire business process of their clients, this key transformation will help the stakeholders (both inside and outside the country) understand the value of outsourcing industry in India.  

In India, BPO operations kick started with call center business where agents answered calls from overseas, spoke in the regional accent and tried selling products to people back in the home country. Earlier outsourcing was nothing more than a cost saving proposition for companies. However, I believe as the market and vendors got evolved, companies’ expectations grew and there was a demand for specific business outcomes. Over the years, Indian service providers managed to deliver flexibility in operations, innovation in products and services as well as skills and expertise in core processes which their clients lacked in-house and re-positioned themselves as partners to their clients.

BPO companies’ rapid transformation from business process outsourcer to business process manager is one of the vital factors which have helped India maintain its leadership position in the global outsourcing market.
Therefore, this re-engineering strategy has lead many BPO, now called BPM companies, to deliver high end services that has had direct impact on the business outcomes of their clients.