Global Capability Centers (GCC) - SAT’s Post

Talent dynamics of #GCCs is ever changing. My colleague Kedar Pathak explains the shifting dynamics in the context of maturity trajectories of GCCs.

We're excited to announce our new: Global Capability Centers (GCC) Advisory Services, designed to propel businesses towards APAC’s thriving GCC market with unmatched expertise and strategic guidance. India stands at the forefront of GCC growth, with a remarkable surge in GCCs from 2010-2020 and a projected market size increase from $46Bn to $100Bn by 2030. This growth trajectory signifies India's evolution into an innovation powerhouse, supported by a vast STEM talent pool and diversification across multiple skills and sectors, including: Engineering, BFSI, and Healthcare. Partner with us to position your business for global success in an era defined by resilience, determination, and a commitment to never settling for the status quo. https://cushwk.co/3L9PIKI

Offshoring business services has become a dominant strategy for companies worldwide, aiming to cut costs, expand talent pools, and improve overall efficiency by tapping into the global workforce. The market has seen exponential growth, soaring from $624 billion in 2022 to a staggering $681 billion in 2023, with projections suggesting an annual growth rate of 8 percent through 2027.

Thrilled to unveil our Global Capability Centers (GCC) Advisory Services along with Matthew Bouw. India's remarkable resilience, digital prowess, abundant talent and supportive policies, have propelled it to become the world's leading GCC hub. With GCCs projected to exceed 2,400 by 2030 and India poised to become the world’s largest GCC hub, we're committed to fueling this growth and contributing to the country’s economic transformation. Our teams, through a strong ecosystem of partners, will offer a tailored and integrated suite of services designed to meet clients' unique needs: ◼ Global Expertise: Guidance across regions for comprehensive GCC solutions. ◼ Integrated Service Delivery: End-to-end support for all aspects of real estate decision-making. ◼ Assisted DIY Model: Empowering clients with strategic solutions for innovation, cost optimization, sustainability, and culture through our partners, including access to talent management, legal, banking, payroll, and other essential services. Connect with our teams for more details - Arpita Srivastava Sridhar Srinivasan

The dynamics of a GCC's catchment area for talent is linked to maturing levels of GCCs that drove the talent action in this period. We observe GCCs mature through 3 progressive phases, namely : #Service #Output & #Outcome (#WaveDI). These progressive levels on the value chain of capabilities offered by a GCC, demand progressive skillsets – #DiscoveryAttitude, #MultilayerThinking & #Innovation The alternate talent pools are spread across other cohorts and industries like IT Products, Startups, BIG4-BIG10, Tech in large Non-tech sectors like Banking, Retail, Pharma, Telecom etc. The last 12 months saw talent action comparatively low in the greenfield #GCCs and was primarily driven by existing captives who are strategically moving up the value chain. Talent consumption has hence tilted more towards the other talent cohorts beyond the IT Services cohort. https://lnkd.in/gHADh9uq #IndianGCCs #GCCHiring #TalentInsights #Xpheno #PeopleEffectChange 

We’re creating a lot of of buzz around GCC development at the largest banks and financial services companies in the world! Check out our journey Wes Ince Gaurav Sahai Mayank Pathak Ajay Tyagi

We're excited to announce our new: Global Capability Centers (GCC) Advisory Services, designed to propel businesses towards APAC’s thriving GCC market with unmatched expertise and strategic guidance. India stands at the forefront of GCC growth, with a remarkable surge in GCCs from 2010-2020 and a projected market size increase from $46Bn to $100Bn by 2030. This growth trajectory signifies India's evolution into an innovation powerhouse, supported by a vast STEM talent pool and diversification across multiple skills and sectors, including: Engineering, BFSI, and Healthcare. Partner with us to position your business for global success in an era defined by resilience, determination, and a commitment to never settling for the status quo. https://cushwk.co/3L9PIKI

One takeaway from Tech Connect 2024: Patricia Connolly, PhD led an interesting conversation about Global Capability Centers. GCCs are a better way of thinking about global development and offshoring. By building GCCs as fully functional business units, they can benefit from the cost effectiveness and larger talent pool of outsourcing, but retain control, thus driving innovation and generating revenue. As a bonus, they are so efficient and contribute so much to growth, they often end up increasing US headcount, instead of replacing domestic workers.

InsourceIndia proudly celebrates Global Talent Acquisition Day, honoring the relentless dedication of professionals who shape the future by connecting exceptional talent with opportunities that drive success worldwide. #InsourceIndia #GlobalTalentAcquisitionDay

India is now the go-to hub for over 1,500 multinational corporations, home to some of the world’s most impactful Global Capability Centres (#GCCs). Originally built to cut costs and streamline operations, GCCs are now stepping up to drive #innovation, excellence, and #strategicvalue. But as they mature, the challenges they face are growing too. That’s where technology partnerships come in. With top-tier development practices and a focus on continuous improvement, a strong and flexible technology partner can help GCCs unlock their full potential and stay ahead of the curve in their technology journey. Learn more in our latest blog here - https://lnkd.in/gQTiuSxV #GCC #softwarecraftmanship #Pratititech #GlobalCapabilityCentres #GlobalCaptiveCentres #GlobalCaptives #ITCaptives