Hi to all,
1. Here I have one question in my mind and that is about the difference about BPO and KPO and how HR differes in these industries.
2. Can please anyone make me aware about the difference between Private Ltd, Private India Ltd and Limited companies.
Regards,
Sandeep
From India, Gurgaon
31. Here I have one question in my mind and that is about the difference about BPO and KPO and how HR differes in these industries.
2. Can please anyone make me aware about the difference between Private Ltd, Private India Ltd and Limited companies.
Regards,
Sandeep
From India, Gurgaon
Hi Sandeep
let me try answering your doubts
1.BPO and KPO
Business processing outsourcing and Knowledge processing outsourcing
The basic difference between these two are something like this
You require high skills to work for KPO when compare to BPO for Eg.any graduate can work for BPO..the area of work will be some thing like order processing or even web development or document processing of Insurance comp and so on
when it comes to KPO
you require high and professional qualifications
for Eg.a pharmaceutical company wants R&DA work (research and development ) for its new drug or for new drug discovery or a Law firm hands over its case study to CAPO for the legal case ...above these two cases you need to be highly qualified some thing like PHT in Pharmacy or Chemistry ,Misc.M.Pharm etc. the second eg I gave you .one has to be a LAB graduate with experience. you may have heard about a professional from Bangalore has drafted a speech for British top politician.. this is called Knowledge out sourcing (KPO also comes under BP only ) KPO is lucrative also
For above fields HR activities though doesn't vary much however there will be some difference they could be
1.for KPO- you will have to recruit professionally qualified or highly skilled people
2interacting with such people for a junior HR woldn't be that easy
3.some times HR Dpt will have to act accourding to their beck and call
4.retaining them is also another head ache
5.since the quality of the work what the parent company expects that has to be fulfilled for that you have to hire right candidates .
when it comes to BPO HR Dpt. is center of all activities and some what you can say "HR will be ruling with the iron feast " in fact the HR should not :)
I hope your doubts are clarified
regards
Naveen
let me try answering your doubts
1.BPO and KPO
Business processing outsourcing and Knowledge processing outsourcing
The basic difference between these two are something like this
You require high skills to work for KPO when compare to BPO for Eg.any graduate can work for BPO..the area of work will be some thing like order processing or even web development or document processing of Insurance comp and so on
when it comes to KPO
you require high and professional qualifications
for Eg.a pharmaceutical company wants R&DA work (research and development ) for its new drug or for new drug discovery or a Law firm hands over its case study to CAPO for the legal case ...above these two cases you need to be highly qualified some thing like PHT in Pharmacy or Chemistry ,Misc.M.Pharm etc. the second eg I gave you .one has to be a LAB graduate with experience. you may have heard about a professional from Bangalore has drafted a speech for British top politician.. this is called Knowledge out sourcing (KPO also comes under BP only ) KPO is lucrative also
For above fields HR activities though doesn't vary much however there will be some difference they could be
1.for KPO- you will have to recruit professionally qualified or highly skilled people
2interacting with such people for a junior HR woldn't be that easy
3.some times HR Dpt will have to act accourding to their beck and call
4.retaining them is also another head ache
5.since the quality of the work what the parent company expects that has to be fulfilled for that you have to hire right candidates .
when it comes to BPO HR Dpt. is center of all activities and some what you can say "HR will be ruling with the iron feast " in fact the HR should not :)
I hope your doubts are clarified
regards
Naveen
Hi sandeep there are few spelling mistakes it should be LLB not LAb and PHD not PHT and one more word KPO sorry for the typographical mistakes regards naveen
Hi
Its my pleasure to share the knowledge with you I for got to inform you about LTd companied
1.Ltd companies are the ones who have raised the capital from public (shares and share holders ) (they will be listed in the stock exchange ...BSE or NIFTY )
and hence their activities have to be transparent and sensitive info such as balance sheet P&L account etc.
2.India LTd -foreign companies who have invested in India and have raised the capital through the public (even these companies will be listed in the stock exchange ...BSE or NIFTY )
3.India Pvt.LTd -a foreign companies directly invest in India with out raising capital from Indian public .they will never disclose their balance sheet to anybody (its a proprietorship based company)and the company will not be listed as well
4.Pvt.,Ltd companies -these are Indian companies have invested with out raising the capital (their own money) there will be more than one investor .the company will not be listed in the stock exchange and they dont even disclose their profit to anybody and they always try to avoid tax from one or other way and the profit will only be shared between the investors unlike Ltd companies (ltd companies will share the profit with the share holders also )
It is always advisable to work for a Ltd or India Ltd companies
take care
wit regards
naveen
Its my pleasure to share the knowledge with you I for got to inform you about LTd companied
1.Ltd companies are the ones who have raised the capital from public (shares and share holders ) (they will be listed in the stock exchange ...BSE or NIFTY )
and hence their activities have to be transparent and sensitive info such as balance sheet P&L account etc.
2.India LTd -foreign companies who have invested in India and have raised the capital through the public (even these companies will be listed in the stock exchange ...BSE or NIFTY )
3.India Pvt.LTd -a foreign companies directly invest in India with out raising capital from Indian public .they will never disclose their balance sheet to anybody (its a proprietorship based company)and the company will not be listed as well
4.Pvt.,Ltd companies -these are Indian companies have invested with out raising the capital (their own money) there will be more than one investor .the company will not be listed in the stock exchange and they dont even disclose their profit to anybody and they always try to avoid tax from one or other way and the profit will only be shared between the investors unlike Ltd companies (ltd companies will share the profit with the share holders also )
It is always advisable to work for a Ltd or India Ltd companies
take care
wit regards
naveen
Just a little clarification.
A private limited company does not necessarily have only one investor. The maximum number of investors are as prescibed by current Company law (Companies' Act) regulations. I think currently it is 5 or 7. Once the number of investors crosses this limit, the company becomes a public limited company and not a private limited company, with all the openness and regulations that are necessary.
J
From India, Mumbai
A private limited company does not necessarily have only one investor. The maximum number of investors are as prescibed by current Company law (Companies' Act) regulations. I think currently it is 5 or 7. Once the number of investors crosses this limit, the company becomes a public limited company and not a private limited company, with all the openness and regulations that are necessary.
J
From India, Mumbai
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