MCPO-New Opportunity in Outsourcing Market...

As Alexander Graham Bell once said, “When one door closes, another opens” and that is what, it seems, recession has done. It is due to recession many IT companies have found a new way to make their balance sheet look good. The new opportunity that has now got their fancy is Multi-Country Payroll Outsourcing. It is true that this particular kind of outsourcing is there for a long time now but what is new is the popularity of this particular business.

There is so much growth in this market that it forced Everest Research Institute to conduct a study that showed a hopping 49 percent growth between 2006 and 2008. It is predicted that this trend will continue this year as well. There are many big Indian IT companies that are now investing their talents and energies in this outsourcing business. These companies include Infosys, Caliber Point, and TCS.

Multi-Country Payroll Outsourcing or MCPO as it is popularly known in the industry already has a market revenue of $ 202.9 million. Earlier it used to be only $ 90 million. It has also overtaken the popularity of the off shoring of HR related jobs. According to the study the practice of Multi-Country HR Outsourcing or Multi-Country HRO only has a growth rate of 12 percent.

The reason behind the popularity of MCPO is that it helps various multinational companies to cut down their cost, which is quite important during this time of economical crisis. It helps a company to control its costs immediately and also simplifies the whole process.

The study also shows that 58 out of 79 deals signed in 2008 include various outsourcing companies that work in the Asia-Pacific region. That is why outsourcing companies should take a cue from this and try to gain some profit by starting MCPO.

CEO’s Blog New Trend in India...

It always helps to share your ideas and thoughts with the world. That is exactly what CEOs of some of the Indian companies are doing. These top management officials are writing blogs to talk their minds on various issues that can range from a particular topic to some important information about their companies. Generally new startup companies are indulging in this practice and trying to share ideas.

The list of the companies indulging in this practice also includes some IT companies. These companies bring into the table their unique ideas. This is a practice that is quite common in the US. It is seen that this trend has already helped a few companies in improving their strategies.

Some CEOs are finding this tool to be quite useful in order to communicate with their prospective clients or to get immediate feedback. In fact some find it a way to get the attention of Venture Capitalists.

Cogzidel is an outsourcing company that deals in providing various HR solutions to its clients. It is through its CEO blogs that this company gets in touch with its customers and tries to know any specific feedbacks.

However, there is a rule of thumb that one has to follow before they can continue blogging. There should not be any proxy writing. People who regularly log in this section advise that this is a kind of writing that a CEO is himself supposed to write. It should reflect his perception about a particular matter.

Not adhering to this rule would mean complete waste of the platform. Thanks to this new and immerging culture many CEOs to reach out not only to his customers but also to his or her staff. He or she can also talk about his or her philosophies, work ethics, and values. The practice definitely gives the CEO an approachable personality.

These blogs also help in building a solid customer base. It is also a great tool to keep all your customers in loop about the recent developments in company. It would be really nice if every CEO can spare some time in updating the blog. It is later that he will see that he has spent some time really well and in the best interest of his company.

Hope that like these CEOs many more would join the wave and share their vision and point of view with all the Internet users who could be their potential customers.

Google Base Updating...

Below is the short version of the email i have got today morning!

From: Google Base Team <googlebase-noreply@google.com>
To: @gmail.com
Sent: Wednesday, 27 May, 2009 12:28:15 AM
Subject: Important update about your Google Base account

Hello,

Thank you for participating in Google Base. We’d like to inform you that in an effort to improve Google Base for both our content providers and users, we’ll be making some important changes to the product. These changes include updating our Terms of Service and the ability for you to add more pertinent information about your business.

Starting today, when you sign in to your Google Base account, you’ll be asked to select your location. After you click “Continue,” you’ll be presented with our new Terms of Service. Please take a moment to read through these terms carefully. Once you’ve accepted the new terms, we invite you to provide additional information about your business, such as your business address and phone number. To begin this process, please sign in to your Google Base account at http://base.google.com

Please know that you have 30 days to sign in to your account and accept the new Terms of Service. After that time and until you accept the new terms, your account may be suspended and your items will no longer appear in our search results.

We appreciate your cooperation.

Sincerely,

The Google Base Team

Email preferences: You have received this mandatory email service announcement to update you about important changes to your Google Base product or account. Please do not reply to this email directly. If you have any questions, please contact us from our Help Center at http://base.google.com/support

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