By Chinmay Ananda
A e-book for non-finance managers who are looking to research the language of industrial - the numbers. The booklet is a jargon unfastened, layman's approach of explaining monetary statements in a basic demeanour.
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Extra resources for Fundamentals of Financial Statements: It's easier than you think
2 Defining the Scope of the Transaction 29 the service is not included, the president may request his or her report, and the customer will have to pay extra for it if it is not an in-scope service or provide it through internal resources if possible. (iii) Organizational Structure. If the customer has not already prepared a list of in-scope personnel, it is useful to do this early in the process. This can be done by preparing an organization chart specifying the names, duties, and location of each employee and subcontractor performing business process functions.
Wait until the deal is ready to be signed before telling employees. 2. Tell the employees that outsourcing is being considered and that no other information is available until contract negotiations are well under way. 3. Be candid with employees and communicate all steps of the outsourcing process. Wait until There Is a Deal Pros: • • • • Negotiating position is not compromised by employee reactions/demands. Negotiations are not strained by fear that employees will resign during negotiations (particularly if all employees are not being transferred and severance is not an incentive to stay).
It is intended to provide a sampling of vendors offering BPO services. 3 (continued ) BPO VENDORS AND EXAMPLES OF DEALS 16 Ch. 1 Overview outsourcing services; and General Atlantic and Oak Hill acquired a controlling interest in Genpact. 3 provides a list of a variety of BPO vendors and examples of deals with which they have been involved. 1 OUTSOURCING AS AN OPTION (a) THE DIRECTIVE. With the cost of some noncore business processes amounting to between 7 and 11 percent of a company’s revenues,1 senior management 1.