Download Business process outsourcing (BPO) PowerPoint Presentation


Login   OR  Register

Iframe embed code :

Presentation url :


Description :

PowerPoint presentation on Business process outsourcing (BPO), download now ppt of Business process outsourcing (BPO)

Tags :

Business process outsourcing (BPO)

Home / Travel & Tourism / Travel & Tourism Presentations / Business process outsourcing (BPO) PowerPoint Presentation

Business process outsourcing (BPO) PowerPoint Presentation

Ppt Presentation Embed Code   Zoom Ppt Presentation

PowerPoint is the world's most popular presentation software which can let you create professional Business process outsourcing (BPO) powerpoint presentation easily and in no time. This helps you give your presentation on Business process outsourcing (BPO) in a conference, a school lecture, a business proposal, in a webinar and business and professional representations.

The uploader spent his/her valuable time to create this Business process outsourcing (BPO) powerpoint presentation slides, to share his/her useful content with the world. This ppt presentation uploaded by worldwideweb in Travel & Tourism ppt presentation category is available for free download,and can be used according to your industries like finance, marketing, education, health and many more.

About This Presentation

Slide 1 - Business process outsourcing (BPO) Toronto/ Hong Kong June 12, 2004
Slide 2 - Audience IVEY Faculty EMBA Toronto Section -2004 EMBA Hong Kong Section -2004 Team Nicole Bell, Chiranjiv Devgun (Canada), Charity Au, Tennyson Yip, Ronald Cheng, Chris Sievers (Hong Kong)
Slide 3 - Agenda Overview of BPO Global Trends Porter 5 Forces, BPO Providers Key Statistics Key Savings Study & Interviewee Selection Key decisions and factors Lessons learned Future Roadmap Conclusion Appendices
Slide 4 - Overview Global trend to outsource services to countries with cheap workforce (East. Europe, India, China). Initially objective to save cost in the airline industry (ticket processing in Bombay); over 10 years introduced to industry and financial services. Besides cost savings, advantage of multinational interaction and process harmonization. Study on effects of outsourcing from a user perspective (Canada, Hong Kong) and a provider perspective (India), based on facts and interviews.
Slide 5 - Porter 5 Forces BPO providers India, China, Eastern Europe Potential Entrants Threat of new entrants (captives, external providers) medium BPO in large corporate business Industry Competitors Captives: Global Banks and Insurance companies providers and consultants: (Indian) software houses, global consultancies Suppliers Medium and large mature financial service companies in developed countries Substitutes IT enabled processes and internet applications that cut out the manual work piece Many, difficult to achieve quality and culture match cost efficiency and process harmonization are key deliverables Buyers
Slide 6 - Key Statistics BPO Industry growth > 30% 142 to 157 billion US$ worldwide 2006 > 1 million jobs in India in BPO 3.3 million jobs in the USA will be lost Financial services as an industry, accounts for close to 50% of outsourcing volume: Finance & accounting (15 billion US$) HR services (5 billion US$) Customer Interaction (33 billion US $) * Most data come from NASCOM – Mc Kinsey study on BPO in India
Slide 7 - Key Savings BPO economies of scale: 40 – 60% (target) 30% effective US banks, financial services, insurances: savings 8 billion US$ in 4 years, GE Capital and American Express: US$ 459 million per year Preferred BPO destinations: India for USA and Anglosaxon countries, Eastern Europe for Western Europe, Mexico for South America, China for Far East Asia and Japan In comparison: salaries on-shore outfit cost: USA: US$ 42,927 USA: US$ 58,598 India: US$ 6,179 India: US$ 11,854 *Sunday Times of India, March 2004, Accenture India
Slide 8 - Study and Interviewee selection 12 major insurance companies were interviewed: Asia : AXA, AIA, CMG, HSBC, Mass Mutual, PCI, Ping An, Sun Life and Zurich Canada : The Dominion of Canada, Empire Life, ING, Lombard and JDF Insurance Brokers Our findings: All 12 companies have outsourcing activities, supported by senior management Decision making is mainly based on a cost/benefit analysis, risk assessment, and it must be compatible with corporate strategy Decisions are made on case by case bases
Slide 9 - Key decisions and factors
Slide 10 - Lessons learned To lower risk, prefer to start from a pilot on a small scale or on short term contract basis to ensure vendors could meet the requirements. In addition to outsource, larger players prefer offshore (shared services) and joint venture to have more direct control. Prefer outsource to China, India and Eastern Europe. Some management prefer Indian to China. Their experience was that Indian has better education (accounting), is easier to communicate plus shows higher productivity. Companies having operations in China would do offshore and JV in China to prepare for the future business expansion with more direct control (suitable Chinese character environment)
Slide 11 - Lessons learned: Vendor Selection Develop the relationship specification ... your selection criteria Evaluate candidate providers against the criteria and select the best one Design the relationship structure (including clear definitions of scope, service level metrics tied to business objectives, and effective agreement) Manage the relationship on an on-going basis through formal and informal business reviews and information exchange
Slide 12 - Lessons learned: IP Protection Data Security & Privacy Get your vendor familiar with privacy and compliance legislation e.g. Sarbanes-Oxley, UK Data Protection Act, HIPAA etc. Have complete understanding of vendor’s information security plan i.e. administrative policies, as well as technical and physical environment to safeguard data. Ensure vendor does thorough background checks of their employees before hiring
Slide 13 - Lessons learned- Scope and Issue Management Define clearly issue reporting and escalation procedures Define and agree to procedures to be used for handling problems Roles and responsibilities clearly defined Develop and agree to Service Level Agreements (SLAs)
Slide 14 - Risk Selecting the wrong partner can lead to: higher costs reduced quality And other significant business detriments including intellectual property leakage
Slide 15 - 0.0 0.2 0.4 0.6 0.8 1.0 0 200 400 600 800 1,000 Accenture Customer (M)35 . Employee 25,000 MassMutual CMG PCI AIA Ping An Sun Life HSBC Outsourcing / Offshore Roadmap Offshore Decentralized Centralized shared service center Infosys Tata Consultancy Services third party provider SAP
Slide 16 - Conclusion Cost reduction & competitive advantages are the main rational for outsourcing Definition of “core” operations varies from companies to companies. Companies indicated that the following levels will NOT be outsourced in order of priority: 1st level: Sales force (i.e. except telemarketing & tied-agency & customer service as core competencies (i.e. underwriting & claims except most of outbound calls) 2nd level: Product 3rd level: Human resources & Finance China is an emerging outsource country being currently selected & considered by insurance companies Partnership selection for outsourcer & outsourcee plays an important role in outsourcing.
Slide 17 - Appendixes
Slide 18 - Companies Interviewed PCI JDF Insurance Brokers Ping An ING CMG MassMutual HSBC AIA SunLife Zurich Dominion of Canada
Slide 19 - Links of Outsourcing Companies http://www.clearlingo.com/outsource.shtml http://www.lattis.comhk/whyoutsource.html http://www.supplymanagementsolutions.com/Outsourcing.htm http://www.bdo.com.hk/frame_serv_bus.htm http://www.kodakeprinting.com/kodakinews/mar/outsourcing.php http://www.accenture.com/xd/xd.asp?it=enweb&xd=index.xml http://www.inf.com http://www.outsourcing-best-practices.com
Slide 20 - Outsource/Not Outsource 90% of the interviewees outsource their IT, back office administration and call centre. On average: 70 -100% in telemarketing Over 50% of their call centre or customer services (mainly outbound calls and after office hour customer services) 50% of their back office or administration 40% of IT Most interviewees do not yet outsource core activities and areas related to confidential information such as company strategy, finance, underwriting (u/w) and claims. There are however trendsetters that are outsourcing u/w & claims (Axa)
Slide 21 - Services (external providers) Application development, business transformation, strategic delivery and technology infrastructure outsourcing Accounting and reconciliation services (on client servers) Reformatting, platforming and procurement Vendor contracts and consolidation Treasury related operations Shared services management for: underwriting, human resources, IT, claims etc. Strategic relationships with IT – providers (e.g. SAP, Oracle, People Soft, IBM, WIPRO, Infosys, Tata Consulting Services and others)
Slide 22 - HR Implications Understanding the effects on: * HR systems * Pay scales * Local labor practices * Legislative compliance * Industry/geographic specific certification Management will be be required to: * Reinforce HR practices * Maintain partnerships * Review regularly HR, Operations, Organization Structure * Invest periodically in people & skills