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Valentine’s Day: Why Choosing Your Outsourcing Partner Is Just Like a Date?
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How To Run A Cost Effective Project
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Ground Zero with Rajdeep Sardesai at Capital Numbers

Valentine’s Day is just around the corner and it is easy to feel the love in the air. Business operations are nothing less than love as both are complex and need your attention. Needless to say, both business and love are rewarding. You can express your love for your business by choosing the right outsourcing partner. Outsourcing allows you to get the benefits of skilled professionals without even the hassles of hiring them. As love fills you with content, outsourcing also does the same by providing high-quality work at reduced cost resulting in increased profits. Choosing your outsourcing partner can be just as confusing as planning a date for your Valentine. Here are some similarities between the two and some tips to select your outsourcing partner.

A Match Made in Heaven

Just like choosing a life partner, choosing a partner for business operations should also be a match made in heaven. When you are choosing an outsourcing company, you must make sure that the company is a fit for the needs of your company. They should offer the exact set of services that your business needs, neither more nor less. This is to ensure that you are getting the best value for your money. For example, if you only want SEO service, you should not be forced to pay for other services that you don’t need but must take as there is no other option. This also means that the SEO service that you choose should be complete and beneficial for you.

You Complete My World

The outsourcing partner you select should be the answer to all your requirements. An outsourcing company must provide you quality work that helps your business to grow. The company you choose should be reliable and genuine. A company that has been around for a longer period of time and has experience in handling projects is a better choice than one that has just been established. An experienced team is also an important deciding factor.  You should research the company to verify whether they have been consistent with their quality and meeting deadlines.

I Can Always Count on You

If you can count on your outsourcing partner and you know that your partner is always there to watch your back, life is a little easier. An essential reason to have an outsourcing company that understands your business and risks involved and helps in the growth of your business.  Apart from maintaining quality and delivering output on time, your outsource partner should also be ready to handle any sort of emergency situations. If you choose the right outsourcing company, you will know what they are capable of.  Make certain you choose a company that has highly qualified and experienced professionals who know their job.

Many outsourcing companies do not have a transparent payment structure. A good outsourcing company lets you know their work procedures and rate structure. This ensures you are not paying extra money in the form of hidden costs or useless jobs.

No One Understand Me Like You Do

A good outsourcing company maintains a great level of communication.  The team members that handle your project must interact with you throughout the procedure. This helps you to keep track of how your work is being done, who is doing the work and how much work is left. It also facilitates better delegation of responsibilities and sets up a level of accountability for those working on the project.  

A reliable outsourcing company gives you advice on the amount of work your business might need and answer all your queries. A well-established outsourcing company has staff that can communicate well in English.

You Treat Me Like I Am the Only One in the World

Last, but not least, your outsourcing partner should value the needs of your business as client satisfaction should be their prime objective.  A good outsourcing service provider customizes their services to meet the needs of the client. They support the client from the order to the finish and even beyond that.

These are all points that you consider while choosing an outsourcing partner. A good partner is beneficial for your business and this relationship is the perfection that will last forever.

Behind every good technology implementation, there is a good project manager and a strong project management team. Being a project manager, you need to handle a budget and work with it. But sometimes it becomes extremely difficult to organize all the work within the budget.

If you are among those, who want to know if it is possible to run a cost effective project, then the tips below will definitely help you. Read on-

  • Use Technology Over Travelling:

Isn’t it amazing to travel to different cities in order to attend meetings? It really is, but the problem is that it will burn a big hole in your budget if you continue to travel over sustained periods of time. In today’s world of digitization, you don’t need to waste money by traveling to a different place to meet with someone as video conferencing will connect you with the people you want and need to meet. By attending a meeting through video conferencing, you can save the costs of flights, hotels, and taxis. You can arrange a face to face meeting only for the most important projects. Video conferencing is enough for the initial stages of meetings. Modern technology brings all the amenities at your doorstep. If you don’t implement video conferencing, you may end up wasting a lot of money unnecessarily. In fact, by choosing to use technology over traveling, you can avoid a lot of wasted hours traveling, saving both time and money.

  • Make a Virtual Management Team:

If you are from a country where hiring an employee costs you more than you can afford, then it would be wise to hire a more cost-effective global team. If you get experienced employees at a cost-effective rate, why not hire them? You can use any global freelancer site, find qualified people, and offer them a trial run by giving a short piece of work. If s/he does it well, go for the next assignment. In this way, you can build a virtual management team in a budget-friendly way.

  • Time Is Money:

Another rule of thumb for running a cost-effective project is that you need to avoid delays. This is because when you run your project into delays, it will always cost you money from your budget. If the work is not done on time, you might have to pay your team for working overtime. On the contrary, a well-controlled project that runs on time will help you to minimize and hopefully avoid any budget problems.

  • Plan Well:

A well-formed strategy will help you to stick to your budget, therefore you need to plan well and execute your project according to your plan. Try to keep your project on track and remember that there are many chances for your project to get off the track at any time.

  • Project Management:

In terms of project management, you need to keep in mind some points. They are:

  • Make the budget correctly during planning.
  • Use your in-house expert effectively at their appropriate position.
  • Make sure that your human resource department is managed efficiently.
  • Audit your business and your business budget constantly in order to keep a record of your business’s ups and downs.
  • Know how to manage your vendors.

By keeping these points in mind, you can manage your project effectively.

These are the top 5 points that will help you in learning how you can manage your project and run it in a cost-effective way.  You need to implement all of them in order to save a large amount of money. Following these project management tips, you can make money saving ideas that may even open new doors for you in your career.

Capital Numbers featured on Ground Zero with Rajdeep Sardesai

You couldn’t possibly guess who stopped by our office last Saturday!

It was none one other than Mr Rajdeep Sardesai.

The visit was for his feature “Ground Zero” which will air tonight at 8:40 PM on India Today.

As many of you are well aware, Ground Zero is a report where Mr Sardesai documents and covers events right from “ground zero”, as the name suggests; a huge part of which is talking to all stakeholders associated with an event and taking their opinions to the masses.

The edition of Ground Zero which we participated in features the West Bengal State Elections. Mr Sardesai along with the crew of Ground Zero made concerted efforts to reach most sections of the society and to gather their opinion on the things that they are keeping in mind while going out to vote.

Capital Numbers was exclusively approached by the India Today group to be one of the representatives of the young IT sector in Bengal. They wanted to talk to us about whether we have experienced the proverbial “poriborton” (change) in the last five years and about the pros and cons of being an organization based out of Bengal.

As an organization that takes Bengal across borders with our extensive activities in India and overseas, we were delighted to be given a chance to weigh in our opinions. Being very tuned to the conditions in Bengal, our entire management team answered all questions with phenomenal poise. They spoke about how they see various parameters for growth, changing, and how the IT sector works in Kolkata, they also spoke about some major occupational hurdles that we face being a company that operates with overseas clients – like lack of direct international flights to our airport etc.

Apart from the feature, we were pleased to have Mr Sardesai at our office for a good 30-40 minutes. We were excited to have the chance to give him a tour of our office and talk to him about what we do. It was quite an eventful Saturday for the bunch of us!

Don’t forget to tune in to India Today at 08:40 PM tonight to watch the full report. We are pretty sure you have your pointers to add as well. Write to us after the telecast about what you did and did not agree with us on this front. Look forward to hearing from you.

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