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Over the last nine years, we have helped global companies in truly globalizing their work functions thereby addressing numerous challenges associated with it. We cater to the entire value chain of globalization and provide customized solutions to our clients.
Today’s changing economic climate, increasing scale of operations, and the ever-growing competition in the industry demand innovative strategies. Despite the current economic condition, and a marked slowdown in the growth rate of the overall industry, Zinnov strongly believes that the long-term potential of the Product R&D industry is robust.
R&D offshoring, which initially started only for cost savings, has undergone a paradigm shift towards access to high quality and number of talent and local market innovation focus. There is an increased focus on competency creation, organizational alignment, product/ business ownership, and productivity initiatives.
Understanding the continuously evolving landscape, our service offerings under “Globalization Advisory” are categorized into:
- R&D Globalization: Zinnov works with clients to help define an R&D Globalization strategy that is optimal and best suited for the organization. Zinnov works with clients to help them measure the maturity of their R&D Globalization initiatives and define a road map to grow across the maturity curve.
Zinnov also works with global organizations in their partner selection initiatives and has helped numerous global clients select the right partner for these efforts and work with them to continually obtain value from their partnership efforts.
Zinnov helps companies to setup their captive center in India. Following are the key services.
- Portfolio Analysis: Large companies have a complex portfolio of processes, projects and products. Complexity and strategic importance of these processes, products and projects is of utmost importance during the planning phase and is bound to have a direct impact on the success of the initiatives.
We at Zinnov, analyze our clients’ portfolio of applications, products and processes and help them define an appropriate roadmap for their sourcing initiatives. As part of this service, we help customers define long-term roadmaps for their sourcing initiatives.
- Location Analysis: Offshoring location landscape is undergoing a fast change. Cost of operations in many of the earlier offshoring cities such as Bangalore, Beijing, St.Petersburg has gone up considerably. New locations in Vietnam, Latin America and Eastern Europe have infact built the due competence now. Currently there are more than 50 cities across the world with offshoring capability across R&D, IT and back office operations.
Leveraging our depth of knowledge about various locations around the world, we help customers select an apt location for setting up their business. We assist in identifying suitable locations for their new sourcing initiatives. With our deep-rooted expertise in both country-wise and city-wise analysis, we also analyze near-shore as well as offshore operations. We have infact also studied in detail the emerging sourcing locations across the globe.
- Captive setup: India as a landscape is diverse in many ways than one, a reflection of which can be witnessed in the way of doing business. Hence, the mantra for any successful business captive here is to “do business the Indian way”. Right from helping our clients choose the best suitable office location, to hiring the right kind of talent, we seek them through all these components.
We work in tandem with our partners, who in turn help our clients’ set-up the required infrastructure, wherein they work seamlessly with the clientele to ensure that their objectives are met.
- R&D Globalization council: With our profound experience in the industry and several engagements with Global R&D center stalwarts, we realized the need of a service offering that would help these global centers improve productivity, drive innovation and optimize operations. R&D Globalization per se has seen a phenomenal growth in the last 5 years and has played a key part in showcasing its capability in innovation and high quality work.
However, the changing economies, increased scale of operations, and the keen competitive intelligence at work demand new strategies. We also feel that the success of Global R&D Companies in today’s time would depend on how effectively they deal with each of the many challenges such as low productivity, lack of innovation, cost escalation, management instability and talent crunch. The “R&D Globalization Council” was formed to address these needs.
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