Category: Business Management

Knowledge process outsourcing (KPO) is a form of outsourcing, including legal process outsourcing. These are both high-value-added forms of business process outsourcing (BPO). KPO firms provide domain-based processes and business expertise, rather than just process expertise, and actually make many low level business decisions – typically those that are easily undone if they conflict with higher-level business plans.

KPO is one step ahead of Business Processing Outsourcing (BPO). BPO industry turning into Knowledge Process Outsourcing. KPO Industry handling more high skilled work than BPO Industry. KPO helps companies to create huge business opportunities. KPO firms provide domain-based processes and business expertise, rather than just process expertise. Intellectual Property Research, Pharmaceuticals Services, Medical Content & Services and Writing Services are typical KPO Services. In today’s generation KPO has lead in outsourcing business. KPO service providers also face various challenges. The Knowledge Process Outsourcing is becoming the high valuable interests of companies for their business strategies and protection. KPO services can reduce design times, manage hardware efficiently and provide research on markets thereby helping in informed-decision making.

KPO or knowledge process outsourcing can be termed as high value added forms of business process outsourcing or BPO. Unlike random customer service or handling of low end inbound and outbound calls KPO firms deliver high end domain specific processes and business expertise. It may include research and work on intellectual property, equity and finance, market analysis, database management etc. In fact on a broad sense, it can include white collar jobs from any and every industry. Be it media outsourcing, legal process outsourcing (LPO), a KPO can be set up in any near shore or offshore center on any given industry and vertical.

I have included some KPO services that are outsourcable:
*Research, Development & Analysis
*Business and Technical Analysis
*E-Learning Solutions
*Cartoon Animation & Design
*Business Management & Market Research (Qualitative and Quantitative)
*Pharmaceuticals, Biotechnology and Healthcare
*Medical Services
*Writing & Content Development
*Legal Services or Legal Process Outsourcing
*Media Outsourcing
*Intellectual Property (IP) Research
*Data Analytics
*Logistics and Data Warehousing Analysis
*Network Management
*Corporate Training & Consultancy

The major benefits of the KPO outsourcing services are described below.
*Cost reductions.
*Standard operational efficiency.
*Expert man-power.
*Time Saving.
*Profit Increments.
*Large man-power without raising costs.

How KPOs can innovate
KPOs can go a step further than standardized processes. They can define quality for highly subjective and judgmental processes (output) and create systems to check. For instance, Integreon has a concept to measure output and define efficiency: the EWU (Equivalent Work Unit). Industrializing processes will not be enough; companies must standardize complex processes to achieve scale. Complex analysis requires not just domain experience, but more importantly, domain expertise. For this, companies can provide training programs for complex skill sets and establish high professional standards. Given the regulatory-sensitive nature of the information that flows into KPOs, employee due diligence, and security and confidentiality practices should be mandatory.

Even the earliest business computer systems were used to process business records and produce information. They were generally faster and more accurate than equivalent manual systems. These systems stored groups of records in separate files, and so they were called file processing systems. Although file processing systems are a great improvement over manual systems, they do have the following limitations:

Data is separated and isolated.

Data is often duplicated.

Application programs are dependent on file formats.

It is difficult to represent complex objects using file processing systems. Data is separate and isolated. Recall that as the marketing manager you needed to relate sales data to customer data. Somehow you need to extract data from both the CUSTOMER and ORDER files and combine it into a single file for processing. To do this, computer programmers determine which parts of each of the files are needed. Then they determine how the files are related to one another, and finally they coordinate the processing of the files so the correct data is extracted. This data is then used to produce the information. Imagine the problems of extracting data from ten or fifteen files instead of just two! Data is often duplicated. In the record club example, a member’s name, address, and membership number are stored in both files. Although this duplicate data wastes a small amount of file space, that is not the most serious problem with duplicate data. The major problem concerns data integrity. A collection of data has integrity if the data is logically consistent. This means, in part, that duplicated data items agree with one another. Poor data integrity often develops in file processing systems. If a member were to change his or her name or address, then all files containing that data need to be updated. The danger lies in the risk that all files might not be updated, causing discrepancies between the files. Data integrity problems are serious. If data items differ, inconsistent results will be produced. A report from one application might disagree with a report from another application. At least one of them will be incorrect, but who can tell which one? When this occurs, the credibility of the stored data comes into question. Application programs are dependent on file formats. In file processing systems, the physical formats of files and records are entered in the application programs that process the files. In COBOL, for example, file formats are written in the DATA DIVISION. The problem with this arrangement is that changes in file formats result in program updates. For example, if the Customer record were modified to expand the ZIP Code field from five to nine digits, all programs that use the Customer record need to be modified, even if they do not use the ZIP Code field. There might be twenty programs that process the CUSTOMER file. A change like this one means that a programmer needs to identify all the affected programs, then modify and retest them. This is both time consuming and error-prone. It is also very frustrating to have to modify programs that do not even use the field whose format changed. It is difficult to represent complex objects using file processing systems. This last weakness of file processing systems may seem a bit theoretical, but it is an important shortcoming.

Before the advent of laptops, it was common for most corporate people to carry their padfolios to a business meeting. Personalized padfolios continue to remain popular among certain industries for two basic reasons. First, some industries continue using writing pads for their work and due to the benefits of using pen and paper instead of a laptop.

Industries, such as legal, medical, and law enforcement industries require writing pads to jot down important information related to their cases. The expense of providing palms to all employees may be unviable for most companies, which makes these pads more important. Providing customized writing pads to these people brings many advantages to the company.

These products are one of the best available organizers that provide style and sophistication to the users. Moreover, the ability to customize these items to incorporate your name or the company logo make these more desirable. Therefore, these continue to remain one of the most widely gifted corporate gifts.

The customized pads are one of the few items that can be given as gifts to an individual hired at any level including a director, senior manager, or a junior employee. The customized pads are beneficial in creating a stronger brand recall because of the corporate logo embossed on the bonding. This helps in creating a positive image in the minds of your clients and suppliers.

These items are appropriate for gifting to your employees too. These can be used as token of appreciation for recognizing the excellent performance of employees. In addition, when your employees carry these customized writing pads, these are being used as an excellent method for promoting your company brand.

You can choose from a large variety of options to suit your requirements. Moreover, the writing pads are made from various types of materials, which ensures you can find one that matches your financial budget. Most retailers provide you the option to customize these items with an embossed logo of your company.

The costliest and the best finish is provided by the pure leather writing pads. However, if you are unable to afford the pure leather product, you can choose for the less expensive option, such as imitated leather pads. One thing you need to consider while choosing these items is the functionality offered by the pads.

These customizable pads are appropriate gifting options for college students. Such a gift makes them feel more grown up especially if the student is enrolled in a business management program. The customized pads enable them to experience the corporate world. You must be sure that the chosen product has adequate space for keeping smaller items like cards and brochures too.

A large number of retailers sell high quality personalized padfolios on the Internet. Most of these companies provide clients customizable templates to assist the companies in personalizing the products. The writing pads are excellent gifts for all types of individuals, which include clients, suppliers, and employees as corporate gifts during holidays like Christmas. Many companies choose to provide these customized writing pads as handouts when they organize corporate events or attend business meetings. This enables companies to encourage the attendees in remembering their company, which result in increased sales and profits.

What makes some people a success in attraction marketing, network marketing and/or internet marketing vs. others who struggle? People who are willing to take risks and very bold action are the ones who get the rewards. As long as you keep shooting, eventually you’ll score.

Og Mandino’s essay on taking action highlights the importance of taking immediate action. How much kindling have you put in the fireplace at this point in the year, as the fourth quarter looms into sight? What about the Christmas presents and next year’s vacations? Do they depend on achieving your goals? It is important to realize that lack of action has real consequences.

A lot of people who say they want to earn $10K per month, having never reached this level in their life vastly underestimate what is needed. That is because most saying this have never reached it, based on their own actions. Earning $3-5K monthly takes significant action, but what most don’t realize is that their $10K goal will take massive action.

Many people operate from a “comfort zone.” Whatever their current earnings level is is a reflection of their current comfort zone. Do you have the desire to break free from this level and devote the massive action necessary? Are you willing to act right now?

The difference between people that are rich vs. those facing poverty is also the willingness to take actions. Some have a fear of what those who they contact about their business or products will think? Does it really matter what people are saying about you? Stop procrastinating and making excuses and get the things done now that will move you forward. The only person who is stopping you is the person in the mirror. Recruiting and product sales are the only two ways to increase your bank account. What have you done lately that directly contributes to these two actions?

Successful entrepreneurs reportedly have the same emotions that you do. There isn’t a single phone call that they make that they really would rather not. The only difference between them and you is that they don’t listen to the “inner voices” and critics and just do it anyway, consistently, over and over until they reach the goal. Is this your year (or quarter) to break through and finally achieve success through massive action, no matter how uncomfortable you feel in the process? Take action now and bring it to pass

Graphs and charts are a great way to break down the information at hand to the user in a descriptive and visually enticing manner. These are often employed in nearly every place over the internet, in the news articles and the presentation materials and even in books like comics. As you can find an amount of vendors catering special kind of features and certain limitations seen in the current market, it is therefore very much vital to keenly select the topmost charting tool in order to find the tasks done. Despite some of their Inherent glitches, these vendors all have, for the past decade or so, obtainable a predominantly Flash-based product without a real underpinning technology alternative.

Now with the advent of new benchmarks like HTML5, you can see some changes taking position gradually wherein you can see the options of dynamically enabling and rendering some of the topmost charting features, which were not seen earlier. The best thing approximately HTML 5 is the feature of being compatible to an amount of platforms and devices where it is seen excelling in running over the operating systems of Apple and Linux. Talking approximately the performance, the HTML5 just renders charts 60 percent much faster than the older counterpart. With Microsoft announcement on discontinued Flash support on its web browser and Apple’s long standing “No Flash” policy on its devices, HTML5 is surely gaining bigger momentum and this is also true for charting vendors as well.

Things like SVG and Canvas are both considered as HTML 5 technologies, which help the developers to create rich features and graphics found inside the charts. With the help of SVG based charting functions the developers can for sure help you a lot in just enabling a simple kind of vector graphics and the static animations to incorporating and designing a highly interactive kind of user interface and advance extent animation effects. Similarly, Canvas is especially versatile in that its JavaScript API allows developers to programmatically enable a drawing surgical procedure for creating dynamic and flexible bars, lines, pie charts and much more.

In the list of two technical division of HTML 5, KoolChart caters a Canvas based charting resolution that promises a amount of superior features like the Real-Time monitoring charts and the slide charts that happen to be simple to use and proves out unique only to special products of the company.