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Infinite
Computer Solutions is a $42 million IT software and services
company that was ranked among the seven fastest growing tech
companies in North America in a poll conducted by Deloitte
& Touché. Its CEO, Commodore Navin Chandra (Retd.), elaborates
on what he feels are essential ingredients for doing business
in a global environment
In
the last few months the US IT sector has come full circle,
making it swiftly but surely through a big bubble and a bust
to an upswing once again. According to a recent Gartner survey,
while 44 percent of respondents said that they were cutting
IT spending sharply this year, their expectations from IT
to increase performance levels remained undiminished. Obviously,
outsourcing as a cost cutting measure would play a large role
and another outsourcing movement is looming large on the horizon.
Is
India ready for the exciting new opportunity?
Without doubt, the first generation of software service providers
in India have done an excellent job of making India known
as the preferred destination for IT services, despite the
cut-throat competition from other countries. The time has
come however, for the Indian brand to move beyond the point
of being regarded as just a provider of cheap labour for low
end work.
We, the Next Generation of software service providers
have realised that, in the past, although Indians have proved
to be innovative, they have perhaps not been focused enough.
Customers today are extremely discerning and the Indian USPsa
critical mass of manpower, 24x7 services, and even the much
touted SEI-CMM levels are just not sufficient as differentiators
any more.
Software companies with a presence overseas, over time and
with enough experience of closely working with global players
have come to realise that awareness levels about the Big
Indian software brands is extremely low amongst US customers.
This has left the US market wide open for the Next Generation
software services providers who are not only ambitious enough
to dream of filling top slots, but also savvy enough to figure
out the smart way of doing business in a global scenario.
So
what is this Next Generation way of doing business?
Think global, act local Rudimentary and easy, but a rule we
most often forget to implement. While the business strategist
can view the world as one huge global village, the man in
actual contact with the customer can ill afford to do so.
In the United States, or in any country for that matter, the
only way of doing business is LOCAL. Local mannerisms and
customs, pride and prejudices can be ignored at the risk of
losing business. Having stumbled and learning the hard way
in the United States, I have gleaned some nuggets of business
wisdom along the way:
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Be specific, be succinct and be directUnfortunately,
perhaps this goes against our very nature as Indians. We
like to hint. We like to leave things a little vagueopen
ended in most instances. Well get back to you
soonwhich typically in the Indian context could
mean an hour to a month. In the US however, this could be
disastrous, as customers expect specifics. For example,
well get back to you by forenoon coming Monday. When
we mean No, he expects us to say No and not Maybe
or Perhaps.
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Deliver on your commitmentsIts a tough environment
out there. We need to learn to follow up aggressively, need
to learn to accept those, and I repeat, only those commitments
we can definitely deliver on.
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Learn to do business on voice mailWe tend to leave
inane messages: Called, will call again. Do you think anyone
really wants to hear that? In a land where voice mail usage
is wide spread, the person wants to know WHY you called.
So say it upfront.
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Talk the local talkLets face factsthe
esoteric story has limited appeal. So stay strictly with
local stuff. If you happen to be in South America, dont
discuss New York. Chances are youll know far more
about it than he will. Like I saidJUST TALK LOCAL.
Or talk football or baseball.
The truth of the matter is that Indian software services providers
do not have sufficient senior people with decision making
authority in place in the US market place. The constant need
to revert back to headquarters in India even for the smallest
of matters can be a major irritant to the client who needs
on the spot decisions and very oftenjust handholding.
Like a wise man once saidYou need to keep the ball rolling!
CLM and not just CRM
By CLM, I mean a primarily a paradigm shift away from mere
Customer Relationship management (CRM) towards Customer Loyalty
Management (CLM).
A good CRM program that sets clear, measurable goals and integrates
all aspects of business can prove to be an excellent blend
of technology and customer centric business philosophy. Too
often, however, if it fails to capture the heart of what really
drives customer loyaltycustomer perceptions, opinions,
attitudes and evaluation of events they experience. A simple
CLP needs to emphasise some things:
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Take time to listen: We believe that customer loyalty hinges
on an outside-in approach. It starts by listening to customers
and consulting them, so that we truly understand their needs.
It is only through proactive listening that we can develop
solutions, which will help them improve their efficiency.
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Set the adrenaline pumping: Only when one is totally committed
to delivering superior services that provide all promised
benefits together with excellent customer service, can one
get truly excited about client needs. Excitement and commitment
are contagious.
The
customer who experiences your excitement will in turn find
it easier to be excited about you. Not only will he believe
you can provide the right solution for him, but he will also
recommend you to others.
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Maintain the excitement: Connect frequently and reinvigorate
the clientjust be careful it doesnt touch the
point of harassment.
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Keep your employees happy: Yes, employees too! Only satisfied,
productive and efficient employees can help a company retain
customer loyalty. Employees who are not micro-managed, who
know they are trusted and valued professionally exude a
certain aura of assurance and commitment. Believe me, it
is a tangible aura. The client can sense it.
If we want to do business with the world, we have to learn
to do it their way. We have to learn to step out of our own
cultural ivory tower and walk the streets of the land we want
to do business in. Thats the only road to success I
know of.
The
author is the CEO (India Operations) & director at Infinite
Computer Solutions. He can be contacted at navinch@infics.com
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