India is poised to become a global IT superpower is not a revelation. Indians dominate the IT sector workforce, not only in US, but all over the world. In the last year or two, countries like Germany, France, and Japan have opened doors and are hiring hundreds of thousands of Indians in the IT sector. The impressive performance of Indian IT companies; the top three homegrown IT companies – TCS, Infosys and Wipro – have each a turnover of over US$ 1 billion. A multinational presence, along with a pioneering global delivery model which uses modern communication technology to deliver different components of IT services from locations around the world, has made these companies serious contenders in the global IT sector. For instance, Infosys has 650 international professionals working in its 55 offices around the world. It has recently hired four top consulting professionals and plans to expand its team of international consulting professionals to 500 in three years. The story doesn't end with Infosys. In an attempt to move up the value chain, many leading Indian service vendors are now trying to build consulting skills to offer end-to-end solutions that capture greater value. With so much happening on the delivery front, it is probably a good time for these companies to also start building stable brands - brands that stands for certain values; brands that command respect; brands that will wash away image of “ India as an IT sweatshop, without any technological attributes”.
[...] All appraised members who have served Ascendum for a period of 12 months will be eligible for compensation review. The performance appraisal & ratings will be used in the compensation review. The remuneration includes these heads for calculation of compensation. Basic Salary: It is refer to the monthly rate of pay, irrespective of the number of hours put in by employees. Basic salary in Ascendum is of the Gross Salary. It is remain same for all the years, even the increment is given that increment includes separately. [...]
[...] Company Profile Global Head Quarters & Offshore Development Center Ascendum Systems Private Limited # 90, II Main, Phase Electronic City, Hosur Road, Bangalore Karnataka, India Telephone: + Fax: + Marketing Office in USA Marketing Office in NEW JERSEY 312 Plum Street, Suite Rock Road, Suite 204 Glen Rock, Cincinnati, Ohio- 452020, USA New Jersey –07452, USA Telephone: Telephone: Ascendum Systems (formerly AnswerPal) is a Global IT Software Solutions and Services Provider, with a focus on providing Offshore Software Services to Global Corporations including Small Medium Enterprises, Fortune 1000 and Software Product Companies. [...]
[...] Opt-in e-mail means that Ascendum needs to ask customers' permission before sending them marketing e-mails. Nowadays many countries have outlawed unsolicited e-mail sent automatically to customers. These emails are called SPAM. India has not yet passed a law to regulate SPAM, but Ascendum should consider following the world trend concerning opt-in e-mail marketing development. This shows Ascendum's respect for its customers' privacy. Ascendum can use the following several forms of e-mail marketing. Cold e-mail campaign: - Ascendum can buy or rent customers lists from an industry e-mail list provider. [...]
[...] It's a great job and brings terrific satisfaction Reward And Recognition Systems These are formal management actions that promote or reinforce desired behavior. Reward and recognition should be proportionate to the achievement. Rewards should be linked to performance. Consideration should be given to cultural differences when rewards are awarded Collocation This is the placing of all, or almost all the team members in the same physical location to enhance their ability to perform as a team. If team members are not physically located together, then collation can be achieved by setting aside a common meeting room, sometimes called the war room for team members to interact and exchange information Training Training includes all activities designed to enhance the competencies of the project team. [...]
[...] Conclusion During my Summer training period of one and a half month (1st may 06—15 June I tried to look into the working strategies of Ascendum Systems Pvt ltd and observed keenly the mode of operations in the few departments like e-Learning, E-Marketing, HRM, Strategic Management, Accounts and Finance and also the overview of the SDLC. I came across the valuable information which when clubbed with the theoretical aspects can provide effective and successful results to an organization. E-Marketing: As a part of the marketing, Ascendum is still in the stage of infancy, it has to develop much more. [...]
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