Friday, July 13, 2018

Master Transition in just three steps and Magic Bullets to win it


As per Linkedin survey across IT, Legal, FM, HR, Finance and Procurement, 46% of the respondents said that they are very likely to Outsource Software Development if their company can realize cost benefits out of it. As more and more projects are transitioned offshore or they scale up at offshore, It’s imminent that these projects are transitioned well and newly on boarded team start productivity as quickly as possible. As shown in below diagram, clients may want to transition/ outsource for variety of reasons, you need to understand the client sensitives and regulations that he may come across as part of solutioning

 
For customers the paramount of transition success is it should carry no risk or minimal risk and should cost less. While for an outsourcing provider the success is on
  1. Ensuring that transition is smooth
  2. relationships are maintained
  3. value is achieved
  4. Benefits are realized along with establishing new connections and
  5. Improving relationships between client stakeholders and their employees.
Many friends asked me to share a comprehensive plan so I am sharing this
Now that gave you a formal deep drive into how to go about transition, let me discuss three Magic Bullets you need to be aware off and to be included as part of transition.
  1. Automation- Are you automating as much as possible and as fast as possible?
  2. Innovation: What innovation you are bringing on the board.
  3. Process upgrade: Update the workflows/ processes through implementation of tools
 
  1. Benefits: Are benefits measured at each level? Do you have online transparency through proper dash board?
  2. Quality: How is quality ensured are you failing fast and do you have enough check lists in place
  3. Predictability: Do you have formalize preventive action and corrective action mechanism in place? Have you embraced AI
  1. Regulatory: how are you managing and retaining client data? What mechanisms do you have to ensure that your operations meet compliance requirements
 

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