Archive for December, 2011

How to: Outsource Your Social Media in 2012

December 30th, 2011

One search of “Social Media Budgets 2012” brings up a host of articles related to marketers increasing their social media budgets for the coming year. While the numbers will tell you that more money is heading into this area of engagement, they won’t tell you exactly how marketers will go about accomplishing their goals.

According to the 2011 Social Media Marketing Report, 28% of marketers outsourced social media duties, a figure that doubled from 2010. If this trend is on par, or even slightly less, that would mean about half of all marketers will outsource some or all aspects of their social media activity in 2012.

But doesn’t the person in charge of your company’s social media have to reside in-house? Isn’t the point of social media to engage your audience with relevant and useful company related items? How do you put your company’s message in the hands of someone who may or may not know a thing about your brand?

The answer lies in establishing a clear plan of action, a lot of trust, and a little bit of luck.

All hands on deck

So far, you’ve created a number of social profiles, and generally add an item or two a day (or week). Some items have been rock stars, others have fallen flat. You’ve put some work into these projects, but haven’t been able to fully commit, thus the reason you’re outsourcing in the first place.

Just because you’re bringing a new party on board doesn’t mean that it’s hands off for you. When shifting responsibilities, it’s vitally important that marketers be deeply involved in the transition. Your new social media manager is experienced in their area, but they still need to know a lot more about your company before they can start generating the results you want.

Speaking of results driven campaigns, the more specific you can be with your new hired gun, the more targeted results you’ll achieve. Start with macro goals and drill down into the micro details. Don’t be afraid – talk ROI with your social media manager. Talk about YoY growth. If they don’t know what you’re talking about – it’s time to start looking for another candidate.

In addition to the existing accounts and networks you’re active in, this is the time to discuss with your social media manager what additional opportunities might be available. Remember, these professionals make their bread and butter from knowing about every social aspect under the sun. If you’re paying for it…put it to use.

Phrasing and Tone

Perhaps one of the most often overlooked elements to any social media campaign is the phrasing and tone. Think of your social media manager as the head writer of your favorite television show. This writer directly influences the overall feeling of the entire show. Sure, it might be difficult to transform a drama into a comedy, but I’m pretty sure Grey’s Anatomy has pulled this off. Oh wait, it’s still a drama? Every organization has it’s own specific way of presenting things. No two people can have the exact same phrasing and tone styles, but any writer worth their salt can quickly emulate another’s style and fold it into their own.

If you have existing social media material, point your new hire to this and see what their thoughts are on both the message, and how it’s presented. If you don’t have any existing social media material, now’s the time to drag out those marketing collaterals and have your social media manager read through every last word of it.

With that said, also be open to new ideas. Your existing material might be bang on for those B2B trade shows you’ll be hitting later this year, but with the immediacy and interactivity of social media, is there a way to retain the phrasing and tone, but still present the organization in a human to human light?

Need the info

As with any outsourced project, your social media manager is going to need a whole lotta info. Are you planning on a new product release in Q2? Let your social media person know about it ASAP. Got a roadshow planned for this summer? Now’s the time to let your social media person know. Basically, if you, the marketing person, knows about it, your social media person should know about it.

Likewise, your social media manager should have the opportunity to get to know key staff members and have a broader view into your company. They’re very likely to ask managers to tell them a bit more about their employees, as you’ve probably got a great number of “Our employees are what make us awesome!” content pieces waiting to happen. Think Tom’s amazing burger recipe – perfect for a 4th of July blog article. Or better yet, “Think you can beat Tom’s burger? Create a video and show us how”, etc.

If your social media manager is within suitable travelling distance, you might want to have them stop by the office at least once a week for the first few months. This will give you an opportunity to provide ongoing feedback (see below), and the new hire a chance to see the day-to-day operations, people, products, etc. Hint: If they don’t show up with a camera and snap at least a dozen “in action” shots, you might have the wrong social media manager.

If your outsourced social media manager is on the other side of the country/planet, try to schedule a weekly Skype call that will give both you and your hired gun a decent chance to talk more about the company.

Approved

When you bring a new employee aboard in-house, there’s always that obligatory period of checking in with them to see how they’re getting on, and how the work that they were hired to do is progressing. The very same is true for an outsourced social media manager.

Before signing on the dotted line, create an approval process for your new manager. This will allow you to still have power over what messages are broadcast and which you’d rather refine (see above).

Naturally, as your relationship with your social media manager develops and both of you become familiar and comfortable with an established message, the approval process can be relaxed or done away with altogether.

This is also a great time to see if you’ve made the right hire or not, specifically if you’re in a trial period. By reviewing and approving all of the new work, you’ll have a pretty good indicator if your social media manager is capable of adapting their phrasing and tone to match your message, as well as see what creative ideas they come up with right out of the gate.

Feed it back

This is the most crucial element to any project, outsourced or not. If your new hire is opening eyes, turning heads, and generally getting the “Holy cow!” reaction from your colleagues, let them know about it. Conversely, if the, “Umm? Really?” mill is starting to churn, nip it in the bud and talk to your social media manager about it immediately.

If the feedback is negative, be sure to include specific sentences, phrases, even words that weren’t quite meeting the mark. A good social media manager will have an ongoing list of dead-items that shouldn’t be approached again, or at least in a radically different way. Likewise, if the feedback is good, include specific examples of what you liked and how it was presented. Both positive and negative feedback for your social media manager will only help to point them towards what you’re after.

Outsourcing any project can be a risky venture. There are a number of variables involved that have to be calculated, and any risk mitigated. But by establishing and maintaining an open and honest feedback loop, creating real and obtainable goals, and setting guidelines from the very beginning, outsourcing your social media activities can be a great way to free up a bit more time on your plate, as well as bring in a creative, outside opinion.

Source:http://thenextweb.com/socialmedia/2011/12/29/outsourcing-your-social-media-in-2012/

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Outsourced IT ‘to become a greater feature of health market in 2012’

December 30th, 2011

Outsourced IT has a number of advantages that businesses in the UK may be getting used to enjoying when sending work out to specialist providers.

Increased efficiency, lower costs and faster completion of tasks could be just three of the reasons for turning to outsourcing.

IDC Health Insights has now suggested the process is to become increasingly popular among those in the health sector, reported InformationWeek.

Until now, the relationship between pharmaceutical companies and outsourced IT providers has typically been short and professional, it noted.

However, it is anticipated that the reliance on outsourcing could grow and “broader and deeper partnering relationships across entire functional areas” are expected to be formed within 2012.

This was highlighted as one of the body’s top ten predictions for the next year.

Lincolnshire Police Authority recently revealed it is to turn to outsourcing in greater volume over the years to come in a bid to reduce its total expenditure.

Source:http://www.codestone.net/news/story/outsourced-it-to-become-a-greater-feature-of-health-market-in-2012/801250356/

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Rebound of rupee hinges on better global outlook

December 30th, 2011

The current plight of the Indian rupee is “multi-centric in origin” and is just a transient drift as the currency is bound to bounce back in the medium term once the outlook for the global economy improves, according to speakers at a recent seminar.

Dr Bharat Butaney, president of the Indian Business and Professional Council, or IBPC, said the rupee’s fall has global as well as domestic reasons and implications.

Speaking at a panel discussion on the volatility of the rupee, which has nosedived to historic lows over the past weeks, Butaney said India and other emerging markets are unlikely to remain immune to the crisis in the eurozone and the Americas in a context of increased global interdependence.

He said widening trade deficit, large fiscal and current account deficits, increased spending on food and fuel subsidies, weakening economic growth, perceived political resistance to monetary policy change and tax evasions are key factors behind the plunge of the currency. Increasing doubts of foreign investors over the ability of India to tame high food inflation has further aggravated the situation, he added.

Suresh Kumar, chief executive and board member of Emirates Financial Services and Emirates NBD Capital, moderated the panel discussions key-noted by M.K. Lokesh, Ambassador of India to the UAE.

Speakers included Ajai Kumar, chairman and managing director of Corporation Bank, K.V. Rama Moorthy, chief executive of Bank of Baroda’s GCC operations, G. Raj Kumar Nair of Punjab National bank and Debajyoti Ray Chaudhuri of State Bank of India.

IBPC secretary-general Kulwant Singh said the exchange rate of the rupee would be driven strongly by the impact of global events on India’s trade and capital flows. The deprecation of the rupee will not last for a long time and it will have to appreciate eventually, he said. Lokesh said an increasing gap between India’s exports and imports is also putting further pressure on the currency.

“The widening current account deficit, which is the difference between a country’s imports of goods, services and its exports, was making managing the currency a nightmare. The trade deficit, an important component of the current account, was $118 billion during 2010-2011. For the first seven months of the current financial year, the trade deficit is $93 billion. The current account deficit has widened to over three percent of the gross domestic product. Therefore, the immediate simple answer is that the fall is caused by flows driven by supply and demand,” he said.

Ajai Kumar said India has strong growth fundamentals to tide over the present rupee crisis.

Moorthy said the depreciation of rupee is like both sides of a coin. “It has got both advantages and disadvantages. If it is adversely affecting a particular sector, it also favours some other sectors.”

“Companies that export and operate overseas will witness their revenues shoot up and will earn more revenues in terms of rupee. Sectors like IT that are dependent on outsourcing will stand to benefit the most. Imports will become expensive. Trade deficit is likely to go up on account of higher import bill of crude oil. Apart from crude oil import, import bill of gold is also on the rise,” he pointed out.

Moorthy said foreign direct investments and foreign institutional investor inflow have shown a sign of reversal due to a persistent rise in inflation, a widening fiscal deficit and lack of political consensus to go for required economic reforms.

Nair pointed out the difference between the rupee’s current depreciation and its devaluations done earlier. “While devaluation is an intentional decision by the authorities, depreciation is an unintentional behaviour of the market in a floating rate system. Devaluations are resorted when the country is facing forex shortage to meet its imports, with a view of making exports more competitive thereby enabling more inflow of forex,” he said.

The rupee was devalued twice in 1966, when its value was cut from 4.75 per dollar to 7.5 per dollar, a 58 per cent devaluation. It was immediately after the war with Pakistan. Another one was in 1990 to the extent of 19 per cent, when India faced with a current account deficit of $9.44 billion, said Nair.

Chaudhuri said the fall of the Indian rupee is not a reflection of the fundamentals of the Indian economy, which remains strong. “The rupee might remain weak in the short term due to global developments and therefore exporters from India and NRIs should take advantage of this. In the medium term the rupee would strengthen once the outlook for the global economy improves,” he said.

Source:http://www.khaleejtimes.com/DisplayArticle.asp?xfile=data/business/2011/December/business_December536.xml&section=business&col=

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BYOD: You ain’t seen nothing yet

December 30th, 2011

Some IT trends move fast — way fast. BYOD, the “bring your own device” phenomenon that raised its head in late 2009, is one of them. Like Internet and email, it caught on with users faster than IT and corporate risk management expected. In 2010, businesses were asking the question “Who should own your smartphones?” Today, that question is moot — more than half of companies let employees use their own smartphones at work, along with tablets. It’s amazing how quickly BYOD became mainstream — it took about 18 months.

Many companies that have accepted the BYOD phenomenon are taking the next step, shifting from a passive acceptance spurred on by employees and executives who would use iPhones, iPads, and Androids anyhow to active exploitation of BYOD to increase productivity and reduce mobile telecom costs. In other words, businesses are learning that not only are mobile-equipped information workers a great way to increase productivity and ROI but that employees will foot much or all of the bill for the privilege.

Thank you, Apple, for the freedom to choose
Most of the BYOD phenomenon was driven by the iPhone, which is fast becoming the new corporate-standard smartphone, as BlackBerry corporate sales have now fallen behind iPhone corporate sales. But Android devices are entering the fray, posing a much more complex management and security challenge than did the iPhone.

The iPad introduced its own wrinkle to the BYOD equation. Where businesses resisted the iPhone or simply weren’t sure of its value, they see huge value in the iPad. This is one “consumer” device that both employees and employers love and see strong benefit from, which is why 96 percent of businesses have at least one in use, says Aberdeen Group, and 96 percent of all tablet activations among its customers are for iPads, says Good Technology. SAP, for example, has 12,500 iPads in use across a wide range of business groups, and iPads are popular in all sorts of customer-facing businesses, from insurance sales to energy inspection, from health care to kiosks. Ironically, IT is often in the lead when it comes to deploying tablets.

Because the iPad uses the same operating system as the iPhone, proactive adoption of the iPad also opened doors closed to the iPhone. As far as management tools are concerned, they are the same thing, and supporting one de facto means supporting the other. (The same is not true for Android devices, which vary widely in security and management capabilities.)

The BYOD carpetbaggers are coming
Despite this BYOD acceptance and even encouragement in 2011, as well as the residual fears about non-BlackBerry mobile devices still muttered in some IT quarters, corporate management of mobile devices has a long way to go. Most companies don’t yet use mobile device management (MDM) tools, notes Larry Dunn, vice president of global IT outsourcing at Unisys. Consultancies like Unisys and the dozens of MDM vendors are near-giddy at the prospect of the increase in consulting and tools business as more and more businesses go the MDM route, which is expected to accelerate in 2012.

In fact, the number of consultancies — from the big names to “who are these people?” firms — and tech vendors that have recently discovered BYOD is huge. Given that this phenomenon has had a good 18 months of CIO and media attention, I’d stay far away from any vendor that has just tuned in to the opportunity. They may claim they were monitoring the market until IT was ready for proactive BYOD, but I bet most are carpetbaggers who have no real experience or insight, and will simply sell you the same tired security and management products and services they always have. (I’m talking to you, Symantec and McAfee.) Those who truly did bide their time had better have something superior than those who’ve been in the market for a while.

Source:http://www.infoworld.com/t/byod/byod-you-aint-seen-nothing-yet-181915

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CareTech Solutions Leads Healthcare Industry in Extensive IT Outsourcing

December 30th, 2011

CareTech Solutions, an information technology (IT) and Web products and services provider for more than 200 U.S. hospitals announced today that it has been named Best in KLAS for Extensive IT Outsourcing, in the 2011 Best in KLAS Awards: Software & Services report released today. With this year’s honor, CareTech becomes the first IT professional services company to win this category four consecutive years in a row.

“Earning this award, for a fourth straight year, can be solely attributable to the passion and commitment CareTech employees have for serving its customers,” said Jim Giordano, president and CEO, CareTech Solutions. “We’re known for doing whatever it takes to deliver the best healthcare experience through IT; and achieving this award – again – confirms that our approach to outsourcing is exactly what the market wants and needs.”

About the “2011 Best in KLAS Awards: Software & Services” Report

The “2011 Best in KLAS Awards: Software & Services” report provides a summary of the KLAS performance ratings gathered over the past 12 months (18 months for select services) for healthcare IT software and services vendors in more than 100 market segments. Each segment includes a listing of vendor products ranked according to their KLAS performance scores, which scores have been compiled from the feedback of thousands of healthcare providers at physician offices, clinics, hospitals, and IDNs throughout the United States and Canada.

About KLAS

KLAS is a research firm specializing in monitoring and reporting the performance of healthcare vendors. KLAS’ mission is to improve delivery, by independently measuring vendor performance for the benefit of our healthcare provider partners, consultants, investors, and vendors. Working together with executives from more than 4,500 hospitals and over 2,500 clinics, KLAS delivers timely reports, trends and statistics, which provide a solid overview of vendor performance in the industry. KLAS measures the performance of software, professional services, medical equipment and infrastructure vendors.

Source:http://www.prnewswire.com/news-releases/caretech-solutions-leads-healthcare-industry-in-extensive-it-outsourcing-135661728.html

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Kineta Software Chooses Janus as Compliance Services Partner in Singapore

December 29th, 2011

Kineta Software has chosen the leading Singapore corporate services agency, Janus Corporate Solutions, as its compliance services partner in Singapore.

The IT services company, which offers software development, consulting and staffing services, was formed by four partners who have been in the software business for more than 20 years. While they were working in Singapore, they grew increasingly impressed with the country’s business-friendly legislation, procedures, environment and Singapore’s tax rates. However, they were unsure about how to proceed with setting up a Singapore company.

“We recognized the immense potential to start and grow business in Singapore. However, Singapore was a completely new business territory for us. Though we have worked here, we haven’t made a foray into business initiatives,” explained Mr. Manjunatha Bageshpura, CEO of Kineta Software.

After a thorough consideration, Kineta Software chose Janus Corporate Solutions to assist them with the Singapore incorporation of their limited exempt company.

“Janus made it possible for us to focus entirely on growing our business while they took care of all the formalities of establishing the legal entity. Janus, obviously being experts in their field, helped us meet all our business needs through excellent service and thoughtful inputs,” added Mr. Bageshpura. “Janus is a reliable, knowledgeable and trustworthy partner. It has been a pleasure working with them. We recommend Janus with complete faith to anybody who intends to set up their business in Singapore,” he affirmed.

Ms. Jacqueline Low, Director of Janus Corporate Solutions said, “Singapore has been named by the Economist Intelligence Unit as the most competitive IT market in Asia Pacific and the third most competitive in the world after United States and Finland. With analysts predicting an annual growth of 7% until 2015 for Asia Pacific’s IT services industry, we look forward to Kineta’s continued growth in Asia.”

Other than its Singapore office, Kineta Software has an office in Bengaluru, India. The IT services consultancy also has plans to grow its team in Singapore threefold and establish an outsourcing center in Singapore.

About Janus Corporate Solutions Pte Ltd
Janus Corporate Solutions Pte Ltd is a leading Singapore-based firm that provides comprehensive and cost-effective Singapore company formation, employment visa, accounting and tax filing services to businesses and entrepreneurs worldwide.

Source:http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/12/29/prweb9062710.DTL

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Gurgaon BPOs see bright future despite US bill

December 29th, 2011

Most of the BPO majors in the city have rubbished the proposed the new bill tabled in the US House of Representatives to discourage offshoring as nothing but election rhetoric which will gather steam over the next year.While they are optimistic that this bill will not become law, they say that even if it does, the cost advantage will help India retain its position as the offshore leader.

Raman Roy, who pioneered the BPO industry in India, says that such incidents are bound to take place in the run-up to the presidential election in the US. “We are likely to see more such things in the days to come and they are rhetoric which we saw even during the Obama presidential campaign. This is a three-week-old bill and has been a non-starter so far. The other thing is why they should be selective and only target BPOs.

They should also include IT companies in this bill,” he said.Some others say they are taking steps to remain in business even if the bill sees light of the day. “We have been evaluating opening of a delivery centre in the United States to cater to the onshore outsourcing requirements of clients. Notwithstanding the above, we believe that legislation such as the one recently introduced, could ultimately impact the competitiveness of American businesses,” said Keshav Murugesh, group CEO, WNS.

Source:http://articles.timesofindia.indiatimes.com/2011-12-28/gurgaon/30564763_1_gurgaon-bpos-onshore-outsourcing-requirements-raman-roy

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