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How Uptown Bpo Can Be An Outclass Outsourcing Company Without Failure?
How Uptown Bpo Can Be An Outclass Outsourcing Company Without Failure?
How Uptown Bpo Can Be An Outclass Outsourcing Company Without Failure?
OUTCLASS OUTSOURCING
COMPANY WITHOUT FAILURE?
PRESENTED BY:-
AYESHA AKHTAR ALI (2021126)
MSMS 1A
TITLE:-
INTRODUCTION:-
In developing countries like Pakistan we are in intense need for entrepreneurs and opening an Business
Process Outsourcing company helps to fill this Gap, this was the bold step taken from the CEO of
UPTOWN BPO. Basically UPTOWN BPO is a Calling center which does telemarketing in Developed
countries like UK, USA etc.
The company was developed by the two friends who worked together in an insurance company for 10
years and after gaining enough experience about marketing and consumer behavior both friends
decided to open their own business, for this they chose business process outsourcing industry .
They opened a company by the name of UPTOWN BPO since 2016. But the question Arises here that
after 5 years of continuous business why it not a flourishing company. After five years why UPTOWN
BPO is not able to increase their profit ? why they are still cooping the break-even point of their balance
sheets.
INDUSTRY
If we do the industry analysis of BPOs then we will come to know that this is a tax free industry, due to
which it is easy for new companies to enter in this industry and this situation cause a perfect
competition in the industry and if the company is not able to sustain its customer then the customer
have advantage to switch the company easily.
Strengths
STRENGTHS:
WEAKNESS:
OPPORTUNITIES:
THREATS:
Political instability.
Pakistan's competitors in Eastern Europe, Latin America and the Asia.
Slowdown in the US economy.
High Billing Rates
What if the industry is know more tax free
What if the company drop down from Break-even point to loss.
PRODUCT/SERVICE ANALYSIS :-
The market share of BPO is USD $ 3.3 million according to finance division of Pakistan.
Due to immense development of this industry it is expected to increase but UPTOWN
BPO do not share a significant market share in the industry.
The service offered by the company are to be a trust worthy marketing partner whom
offers an insurance services for sales and marketing in following fields
FINANCIAL ANALYSIS:-
The financial state of the company is not remarkable because the company only meets
its cost through the turnover generated. The infra-structure of the company is not such
outclass which doesnot indicate a good representation of the financial affairs of
company. As discussed before the company s not generating a remarkable amount of
profit even the company is on its break-even pint after the corona pandemic and
chaos.
MANAGEMENT
The company is a virtual based set up. So there is no proper HR personnel but the
company works on different projects through hiring proper teams and a team manager
is appointed to take the charge of the team. In addition to this the owners of the
company monitor and guide the team leaders.
The vision behind the setup of UPTOWN BPO is to provide best solutions, values,
comfort and reliability to the customers.
In addition to this the company also face the problem of employee retention and due to this
the company bears a high cost on training and development of employees and when the
employee left the job the company starts the process of recruitment again.
The overall condition of the UPTOWN BPO is not that remarkable. It is facing financial crisis,
HR problems along with the problems in sustainability. The company is in serious need of
help.