Friday, July 2, 2010

BPO Services from LS Software

ls softwares
ls softwares

Overview

As your organization strives to improve the quality of processes, with the focus on core competencies, Business Process Outsourcing (BPO) is your answer.

We leverage our 21 years of IT solutions expertise in domains such as finance, insurance, eBusiness, CRM, ERP and HR among others for in-depth business process understanding and high quality execution.

We combine the right people, processes, and technologies to help you gain maximum efficiency and achieve competitive advantage. Our BPO portfolio includes end-to-end solutions across a spectrum of industries:

  • Financial Services
  • HR Processing and HR Outsourcing
  • Employee Perception/Customer Satisfaction Surveys

Financial Services

At LS Software, our financial services team provide transaction processing to diverse industries in the services sector where large transaction processing takes place on a routine basis. Our services have been utilized by a number of national and international firms, including MACH, the world's leading mobile Roaming and Clearing House offering services to mobile operators worldwide.


HR Processing and HR Outsourcing

With organizations forced to focus internal resources towards doing what they do best, management of human resources is one area that lends itself well to outsourcing. Our Human Resource offerings include:

  • Financial Services
  • HR Processing and HR Outsourcing
  • Employee Perception/Customer Satisfaction Surveys

HR Services from LS Software

HR Services from LS Software

Overview

LS Software pioneered outsourcing services for 360 degree appraisal service in India more than a decade ago. Today, the LS list of HR clients stretch through all the sectors, and include national and international majors, who have thousands of employees stationed all over the globe. In addition to appraisals, LS also undertakes surveys, and performance management for its clients.

Outsourcing to LS helps increase workforce competencies and organizational performance through effective employee assessment, training and development planning for employees – while you can concentrate on generating further profit in your core business.

Our specialized services:

Performance Management

Builds systems and processes that guide employee and management efforts to maximize performance and development; includes LS 360 Degree Appraisal for multi-rater feedback, performance appraisal and development planning

Leadership Assessment and Development

Assesses employee strengths and development needs against leadership competency, providing guidance for employee and management efforts to maximize performance and development. This service would utilise LS 360 Degree Appraisal for performance appraisal and development planning; and for accelerating the assessment and development of leadership talent.

Employee Perception (Organisational Climate)/Customer Satisfaction Surveys

Our employee perception surveys and job/customer satisfaction surveys have shown a direct correlation between employee's perceptions of their organization's culture and that organization's ability to achieve successful outcomes, including increased productivity, lower employee turnover and higher profitability.

Product Development

Product Development

LS Software’s dedicated product development team can become a virtual extension of your software company, boosting execution capabilities and significantly reducing cost.

You can rely on LS Software’s capabilities, built on more than 15 years of experience in software engineering and project management, to manage on an ongoing basis for:

  • Product development
  • Testing
  • Customization, porting
  • Base technology enhancement
  • Code perfection
  • Product enhancement

LS Software’s cross-functional, cross-technology expertise is available right at the commencement of the project greatly reducing time. With a well-honed methodology for Rapid Application Development drawing on the multi-dimensional expertise gathered over many person-years of software experience, we can help customers take their products faster to-market.

As expertise requirements could vary significantly along a product life cycle, customers will benefit from our databank which spans across varied technologies and platforms ensuring that requisite capabilities are deployed when necessary.

product development

Client/Server Applications

Client/Server Applications

LS Software has extensive experience in client/server solutions in a wide range of functional areas, with strong emphasis on optimized database management. Our development expertise includes advanced front-end GUI environment, component based interfaces and database server level programming.

We can take charge of your project, right from conceptualization to completion, spanning across the whole software development life cycle. Project execution can be across multiple platforms and languages. We specialize in the areas of Enterprise Resource Planning (ERP), Supply Chain Management (SCM) and Customer Relation Management (CRM).

At LS Software, our technology team has successfully implemented applications in a variety of sectors including: manufacturing, retail, banking and healthcare. We have also undertaken enhancement of groupware solutions which include database servers, forum servers and intelligent client stations; and enhancement of enterprise solutions which include decision support systems.

The LS team has expertise in delivering solutions based on Two-tier and Three-tier structures and distributed architecture.

clientserver

Web Application Development by LS Software






Web Application Development

Your company can minimize its regular time-consuming and tedious tasks by using the Internet to link directly to suppliers, factories, distributors, and customers. Our vast experience in developing and implementing applications coupled with strong expertise in web technologies gives you an advantage in upgrading your existing applications to be web-based.

Business to Business eCommerce

Our highly skilled and experienced professionals identify the right and complete Internet solutions for your business needs. We build efficient value chains for effective vendor-supplier-partner-customer relations and management. We design and develop B2B applications/portals in the areas of supply chain management, healthcare, financial services and human resources management.

Business to Consumer eCommerce

If you are looking for an online retail, travel or banking application, we offer total solutions that help build, manage and market your range of services and products with individual consumers. Well experienced in web integration, our team can integrate the existing system with the web solutions.

Business Process Outsourcing (BPO)

Through BPO, LS Software combines the right people, processes and technologies to help you gain maximum efficiency. We leverage our twenty one years of IT solutions expertise in domains such as finance, insurance, eBusiness and HR among others for in-depth business process understanding and high quality execution.

LS 360 Appraisal - Know more!

Approach

Selection of Respondents

As a rule of thumb, a minimum of five and on an average of ten respondents should be identified under all the respondent categories (Manger, Peer, Direct Report) put together, for each assesse. The most important consideration, however, is to choose the right individuals to be the respondents. Potential respondent should be identified only if they have significant interactions with the assesse.


  • Respondents giving Feedback

It is hard for people to give constructive feedback when they have to. People have to have the right mindset and skills to do it well.


The respondents will be kept anonymous to the assesse being reviewed. The confidentiality is to reduce the possibility of the assesse to confront the respondents later, and thus to encourage the respondents to be more open and honest with their feedback.


At the same time the respondents should demonstrate maturity to give constructive feedback and do not employ hidden agendas'. Another area of concern is giving lukewarm and fuzzy feedback because of the fear about the feedback coming back to them.


Care should be taken to give constructive feedback in a productive, non-critical manner.


  • Receiving Feedback

Receiving a performance feedback from a multitude of sources, including one's Peers and Direct Reports, can be intimidating. "Feedback is still hard to take. It's not always fun."


assesses may have trouble receiving feedback. But please be aware that the emphasis and the major purpose of 360 degree appraisal is to facilitate the employee's development and performance improvement.


Appreciate the constructive feedback received and deal with it positively, because:

  • Perception is reality and this process helps individuals to understand how others perceive them.
  • It reveals the areas and needs of development
  • Feedback is essential for learning
  • Individuals can better manage their own performance and careers
Advantages

  • Improved Feedback From More Sources

Provides well-rounded feedback from peers, reporting staff, co-workers, and supervisors. This can be a definite improvement over feedback from a single individual. 360 degree feedback can also save managers time in that they can spend less energy providing feedback as more people participate in the process. Co-worker perception is important and the process helps people understand how other employees view their work.

  • Team Development

Helps team members learn to work more effectively together. Teams know more about how team members are performing than their supervisor. 360 degree feedback makes team members more accountable to each other as they share the knowledge that they will provide input on each member's performance. A well-planned process can improve communication and team development.

  • Personal and Organizational Performance Development

360 degree feedback is one of the best methods for understanding personal and organizational developmental needs.

  • Responsibility for Career Development

For many reasons, organizations cannot be responsible for all the development needs of their employees. 360 degree feedback can provide excellent information to an individual about what she needs to do to enhance her/his career. Additionally, many employees feel 360 degree feedback is more accurate, more reflective of their performance, and more validating than prior feedback from the supervisor alone. This makes the information more useful for both career and personal development.

  • Reduced Discrimination Risk

When feedback comes from a number of individuals in various job functions, discrimination because of race, age, gender, and so on, is reduced. The ?horns and halo Effect, in which a supervisor rates performance based on her/his most recent interactions with the employee, is also minimized.

  • Improved Customer Service

Especially in feedback processes that involve the internal or external customer, each person receives valuable feedback about the quality of his product or services. This feedback should enable the individual to improve the quality, reliability, promptness, and comprehensiveness of these products and services.

  • Training Needs Assessment

360 degree feedback provides comprehensive information about organization training needs and thus allows planning for classes, cross-functional responsibilities, and cross-training.

What is LS 360 Appraisal System?






What is 360 Degree Appraisal

The 360 Degree Appraisal System is a performance management tool used to evaluate and provide feedback on the skills and competencies of individuals in an organization. The primary objectives of this are:

  • Reliable management evaluation/assessment
  • Improved organizational & personal training/development
  • Better team development
  • Comprehensive & reliable multi-channel feedback
  • Remuneration qualification
  • Better customer service
  • Promotion/layoff qualification
  • Reducing discrimination risk
  • Involving staff in developing their own manager

The 360 degree appraisal significantly differs from the traditional supervisor-subordinate performance evaluation. The 360 degree system calls for this to be done by subordinates, peers, managers and the individual. This process enables the individual to be evaluated from an all around perspective and thereby provide more accurate information on an individual?s performance over a stated time period.

The Concept

Briefly put, the 360 degree method evaluates an employee's performance by collating it with the feedback sought from everybody else: peers, managers, direct reports as well as internal and external assessment from customers. This, along with the employee's self-evaluation forms the final appraisal. The method has been successfully employed by over 90% Fortune 1000 companies over the past decade. It has been primarily used in identifying training and developmental needs of the employees or validating ongoing training programs. It is also used in making decisions relating to promotions, terminations, pay hikes, etc.,

Its Cost Effective

The concept, by and large, is most democratic as it takes into account the perception of not only your supervisors, but also of several others. The employee also perceives an element of objectivity here. Further, the linking of an individual's performance with all relevant constituents fits in well into the emerging team-based work culture. However, its greatest strength lies in designing future development programs for employees.