Focus on the core so you can grow is the outsourcing mantra. How about an outsourcing
company outsourcing to specialists and growing at a terrific pace? ANSR
Source is an outsourcing company which has a "partnered captive" model and
believes in working with partners who are domain specialists- Legal, Human
Resource, Finance etc. Sanjay Dugar, Director - Operations, ANSR
Source, shared how they are redefining the way outsourcing is done. ANSR Source is a business process and information
technology outsourcing and consulting company headquartered in Dallas, Texas.
What inspired you on this project?
The service offering is
very different and unique. It was in line with what I envision as the future
needs. The alignment with the team both in US and India was perfect and was
something that is very promising in terms of growth.
The founders of the company
come with a very good background and we are confident that we would grow from
one project to another very fast. It would bring out a lot of challenges in
setting up "green-field" situations for Fortune 100 companies, and while we
deliver, we would be closely associated with some of the best practices
followed by these companies world-wide. This would provide a lot of learning,
in a relatively short time frame.
When
did you start the company?
The company is now a little
over two years old, and today has an in house team of 1200, and engages around
18000 employees from partners, with a
turnover of $25 Million. There were 4
founders and startup team of 9.
How
unique is the product line/services?
ANSR is partnered with
world-class vendors who believe that being flexible allows the outsourcing
experience to be properly customized to meet the client's needs, enabling the
client to realize the greatest possible strategic value. This provides ANSR's
client a plug and play solution, while ANSR
has a lot of flexibility and can
grow fast.
From
the time we started this has been a very unique service offering and I have yet
to come across anyone else who offers this service.
For
instance currently we manage 7 clients, for each of these we have a separate
company. In each company we ourselves have invested money, the client has
equity participation and at agreed milestones the client buys back our shares, that
is how we make our money. So there are no fees as such that we charge the
client. The client therefore has a lot of confidence in us and our take is
totally based on performance.
The
other key aspect is that our team
comprises of people who have been heading companies and have the relevant
experience to ensure everything is done. What I intend to convey here is that
to start operations in a foreign land is quite a task. Most companies have (in the past) gone to
different consultants for different aspects - company incorporation, legal
matters, financial matters, real estate, human resources, publicity management,
etc. as against coming to a one-stop shop to get everything done. This involves
a team that is effective and has the necessary width and depth to execute the
required tasks, and proven track record. Another distinct advantage is that
there is clarity, no duplication of efforts and is all done at the least cost.
Our
model allows us to do a pilot project, and then even go on to do a small proof
of concept if required, before going ahead with the entire project plan. The
design is such that scalability is reasonably simple and easy to do.
The Challenges of
Scaling up?
Finding
people for the core management team has been a real challenge, mainly because
people do not relate to this business model.
It took us 3 years to expand the core team to 6, with 4 off in the US, so this is a real bottle neck.
The
other challenge has been handling different cultures across the 7 companies,
and people compare across the companies even though the processes are totally
different.
What was the market
like earlier as compared to today's conditions ?
The
market was looking into the off-shoring options rather skeptically, though they
were experimenting with "third-party outsourcing." Any third party outsourcing
would have their own challenges and all of us had already gone through all of
that - and were well versed with them. Positioning ourselves in a slot above
that and yet keeping below the proposition of the companies setting shop
themselves - was our plan. I think the market was looking for such an option, and
probably will continue to do so for some more time at least, and the response
has been terrific.
How were you able to
convince investors in the initial stage?
Not
an easy task by any means. I think it was primarily the management team profile
and their vast experience and past success that mattered. In addition - it was
backed by a vision, and supported by our unique business model and process.
Getting your First
customers?
Our
services - as is very evident - would need to be sold right at the top
management level, before we could work downwards and get everyone's consent
before we could actually sign-off. This was also possible because of the
personal contacts available to us by virtue of the professional experience that
the team has.
What must one have to succeed as an
entrepreneur besides a formal orientation of business?
What comes to my mind is a
four E framework (this probably sounds like a management jargon) but what I
mean is:
Education, Experience,
Excitement, and Enthusiasm.
Education adds to your confidence and is also something that
people look for to believe that you can deliver.
Experience is
something that cannot be substituted - it sets the theory in perspective to
real practice.
Excitement - is what keeps you driving for more. You seek more
opportunities, innovate methods to do things differently, and so on.
Enthusiasm - is a
very addictive characteristic and it rubs off easily. If you have the enthusiasm
and you can have it rub off with your prospect, you have a client.
Kishor Jagirdar is a Startegic
management consultant .Founder of Infopace management pvt Ltd and currently
also a faculty for management studies at TASMAC. E mail-
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"
Issue BG61 April06
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50 years of Indian Entrepreneurship
A battle cry for Positive Social Change
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A ready reckoner and guide for potential entrants
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