Zinnov

India is fast becoming the epicenter for global leadership.   Global Capability Centers (GCCs) across India have seen a staggering 120X rise in global roles over the past decade. The country now boasts over 5,000 such senior positions steering decision making for their Global HQs.   “This transformation is due to the maturing capabilities of India’s centers of excellence and how technology has enabled deeper data-driven customer insights,” notes Pari Natarajan CEO of Zinnov in today's The Times Of India feature.   Key to this seismic shift is a rich talent pool of digital, engineering, and leadership skills. As global companies concentrate more critical responsibilities in India across R&D, services, and customer-facing functions, they are also elevating leaders in the country to drive organization-wide strategy.   We believe that India is aggressively staking its claim as a global hub for innovation, talent, and leadership. We expect the rise to continue as India cements its status as the epicenter of global leadership. Sujit John | Sarv Saravanan | Chitra Sukumar | Vishal Bhasin #India #GCC #Leadership #talent

How can CHROs protect the bottom line while retaining top talent in 2024's tight job market? With 70-80% of operating expenses linked to talent, every decision you make has significant implications. The stakes are high, so what is the need for the hour? Smart and regular benchmarking can help #GCC leaders save USD 20-30K per departing employee, boost talent retention rates by more than 10%, and reduce time to hire by 25% with competitive offers. To navigate these complexities, Zinnov's 17th annual GCC Compensation Benchmarking Study, trusted by CHROs and talent strategists as the gold standard, provides the deep insights needed to stay ahead in the competitive job market.   Curious about how this can transform your talent strategy? Schedule a personalized consultation to explore the report’s insights and gain a strategic edge. Contact us at [email protected] 📩 The full report will be available starting September 10th.🔗 Nitika Goel (She/Her) | Karthik Padmanabhan | Mohammed Faraz Khan | Namita Adavi | Megha Deb #chro #talentretention

Are you still measuring your Global Capability Center's (#GCC) success solely based on cost savings?     GCCs have transformed into strategic powerhouses, driving #innovation and excellence across global organizations. However, outdated metrics often fail to capture their true value, creating a significant "Value Gap."    By neglecting to update their success metrics, organizations may face: - Missed opportunities for strategic growth  - Diminished employee morale and engagement  - Difficulty in justifying investments in GCC development    Don't let traditional yardsticks limit your GCC's growth. Read our latest blog post to discover why reinventing success metrics is crucial for aligning with the evolving role of GCCs and unlocking their true value: https://bit.ly/3QcOYri 🔗 Nitika Goel (She/Her) | Karthik Padmanabhan | Namita Adavi | Sachit Bhat

From Ahmedabad to Coimbatore, a new chapter in India's tech story is being written. India's tech landscape is evolving, with Tier-II cities emerging as vibrant hubs of innovation and creating their own unique ecosystems of talent and opportunity.    Our Managing Partner, Karthik Padmanabhan, offers insight on this trend, the The Times Of India: "Historically, Bengaluru and NCR have been the dominant players in the GCC space. However, the focus is now shifting towards these emerging hubs, propelled by a combination of factors such as the availability of skilled professionals, lower operating costs, and work-life balance."   The GCC talent pool in emerging cities like Ahmedabad, Kolkata, Coimbatore, and Chandigarh has grown 26% to 71,000 in 2023-24, from 56,000 in 2020-21.   To learn more about how these emerging tech hubs are reshaping India's GCC landscape, download our latest report on this topic, from the link in the comments. #Tier2 #EmergingHubs #FutureOfWork #GlobalExpansion Ravichandran Durairajan | Shilpa Phadnis | Nitika Goel (She/Her) | Mohammed Faraz Khan | Biswa Prateem Das | Animesh Jain | Varun Aithal | Shishir S U | Janice Vaz

What does it take to build a culture that's more about walking the walk than talking the talk? Experience #LifeAtZinnov through our CEO Pari Natarajan's eyes: where values drive us, communities thrive, and every team member has the entrepreneurial spirit. Discover the invisible force that's shaped our culture and ethos for over two decades. #Zinnov #Culture

Three women, three different paths, one common thread: they've scaled the heights of the retail world, shattering glass ceilings along the way. In the latest "Woman in the Mirror" episode, Nitika Goel (She/Her) dives deep into the lives of Jennifer Goschke, Prashanti Bodugum, and Monica S Pirgal - leaders at 7-Eleven Global Solution Center – India, Walmart Global Tech India, and Neiman Marcus Group India respectively. Their stories aren't just about career progression; they're tales of resilience, innovation, and the delicate art of balance. Together, we peel back the layers of their success, revealing pivotal moments that defined their careers, strategies for tackling self-doubt, secrets to balancing ambition with personal life, and insights on driving innovation in retail. Tune in to #ZinnovPodcast now: https://bit.ly/4brx1wD 🎧 #Zinnov #Podcast #WomanInTheMirror

The M&A landscape in Tech Services is evolving rapidly, offering rich opportunities for both buyers and sellers. In the last quarter, we've engaged with more than 60 CEOs and Founders at our marquee events in Santa Clara and Bangalore. These discussions covered a wide range of topics, including key growth drivers for small to mid-sized companies, the importance of customer relationships, growth versus profitability, the impact of #GenAI on Services companies, what excites potential buyers, common pitfalls to avoid, key #valuation drivers, and optimal exit strategies. Our panels featured esteemed leaders David Kilimnik, Julian Hinderling, Gabe Stephenson, Karthikeyan Natarajan; Rajan Sethuraman; Sumit Sinha. They shared insights on what makes a business attractive to investors and explored strategies for maintaining growth in challenging times, shedding light on the nuances of building successful, investment-worthy tech services companies. We are committed to fostering this vibrant community and continuing these insightful discussions. If you're interested in being part of this dialogue, we invite you to join our next roundtable. Please reach out to us at [email protected]. Pari Natarajan, Sidhant Rastogi, Anand Kalra, Ayushi Suhaney, Manas Bhargava, Vineet Sinha

Global Capability Centers (GCCs) are transforming India's job landscape at an unprecedented pace. Pari Natarajan, CEO of Zinnov, was recently quoted in The Times Of India, highlighting how these centers are evolving beyond tech, becoming true innovation powerhouses. The GCC headcount in India surged to 1.6 Mn+ in 2023. The quality of talent is equally impressive, with global roles in Indian GCCs set to skyrocket from just 115 in 2015 to 30,000 by 2030. In this new era, India isn't just participating in the global market – it's actively shaping it. GCCs are creating a future where innovation, expertise, and economic growth converge, positioning India as a global tech juggernaut.   Read the full article here: https://lnkd.in/gCeJnb3D   Nitika Goel (She/Her) | Shilpa Phadnis | Chaitra R. | Janice Vaz #GCCsinIndia #IndiaGCC #ZinnovGlobalRoles

I’m thrilled to announce that I’ll be sharing a series of articles on M&A insights every week. Today, I'm presenting the first article: "What drives the M&A valuation for tech services companies?" While macro-economic factors and buyer-specific preferences play a role in maximizing value, there are also multiple levers within a company's control that significantly impact M&A valuation. We've identified 8 key factors that, when strategically leveraged, can help a firm prepare to maximize its valuation. The more you align with these high-valuation zones, the higher the probability of securing a top-tier valuation. Looking forward to hearing your thoughts and engaging in meaningful discussions! #MergersAndAcquisitions #TechServices #Valuation #BusinessStrategy Zinnov

The Tech Services sector has witnessed significant M&A activity, with valuation multiples ranging from single-digit to 20x+ EBITDA. This disparity raises a critical question for Founders and CEOs: What drives the valuation multiples of technology services companies? Our latest report "What Drives M&A Valuations: A Guide for Technology Services Firms" dives deep into this valuation enigma. The report presents a comprehensive framework identifying key valuation drivers in the Technology Services sector. Are you curious about where your company stands? Whether you're a Founder eyeing an exit or a CEO planning for growth, understanding these valuation drivers is crucial. Download the report now: https://bit.ly/4fMutg7 Sidhant Rastogi | Anand Kalra | Ayushi Suhaney, CFA | Vatsal Pant #MergersandAcquisitions #Growth #ValuationStrategy #Zinnov