Genpact (NYSE:G), a leader in the globalization of services and
technology and a pioneer in managing business processes for companies
around the world, today announced that it has been ranked among the Top
10 on the Black Book of Outsourcing's prestigious 2009 "50 Best Managed
Global Outsourcing Vendors" list, as announced in The Wall Street
Journal. This is the second consecutive year Genpact has been recognized
as one of the top 10 outsourcers in the world.
Genpact placed in the highest ten percent of all firms judged in each
survey area: C-Level Commitment, Human Capital Performance, Corporate
Direction, Leadership Impact and new for this year, Accountability,
Trust and Transparency. Rankings are based strictly on responses from
client surveys.
For eight weeks each spring, Brown-Wilson Group – which authors The
Black Book of Outsourcing (Wiley Publishers) – surveys outsourcing
users and C-level officers to gain a buy-side decision maker perspective
on the global services industry. After a stringent external auditing
process, the client experience responses of nearly 24,000 buyer
executives determined the 2009 Black Book of Outsourcing rankings.
Developed in 2004, its annual study is recognized as a key independent
industry standard for customer satisfaction in the global services
industry. Over half of the responses are gathered from CXO-level and
governance respondents.
These top performance suppliers emerge through ranking the fifty highest
among 4,839 global outsourcing suppliers of various service lines and
locations, based on the collective client experience of nearly 24,000
user respondents in 2009. 1,671 suppliers from 45 countries, who
received at least ten verifiable client ballots, were qualified for the
2009 Black Book 50. Vendors can not influence or opt out of the
balloting process.
According to Scott Wilson, Partner, Brown-Wilson Group and co-author of The
Black Book of Outsourcing, "Genpact ranked among the top suppliers
due to its continuous focus on client satisfaction in outsourcing
services, and its ability to successfully engage and manage outsourcing
relationships as recognized by its clients."
"We are honored to be ranked among top 10 best managed global
outsourcers in the Black Book Ranking, which represents an important
measure of our success – client feedback. As we continually help our
clients find new and innovative ways to stay competitive in the midst of
a challenging economic environment, we’re delighted to know that the
Brown-Wilson Group recognizes our commitment to delivering best-in-class
business process management services to companies around the world,”
said Genpact President and CEO Pramod Bhasin.
ABOUT GENPACT
Genpact is a leader in the globalization of services and technology and
a pioneer in managing business processes for companies around the world.
The company combines process expertise, information technology and
analytical capabilities with operational insight and experience in
diverse industries to provide a wide range of services using its global
delivery platform. Genpact helps companies improve the ways in which
they do business by applying Six Sigma and Lean principles plus
technology to continuously improve their business processes. Genpact
operates service delivery centers in China, Guatemala, Hungary, India,
Mexico, Morocco, the Netherlands, the Philippines, Poland, Romania,
South Africa, Spain and the United States. For more information, see our
website at: www.genpact.com.
ABOUT BROWN-WILSON GROUP
Brown-Wilson Group's research mission is to offer balanced, objective
and unbiased results to help organizations maximize significance,
increase speed-to-results, and mitigate risk in outsourcing / sourcing
initiatives. Brown-Wilson Group, based in Clearwater, FL, USA, (a Data
Monitor Company) measures their own success via clients' ability to
achieve and sustain significant improvements in their outsourcing
decisions from aligning customer experience research and strategies that
stand the test of time.
BLACK BOOK 50 METHODOLOGY
The fifth annual Black Book survey for Brown-Wilson Group's "50
Best-Managed Global Outsourcing Vendors" was distributed electronically
to customers, employees, buyers, contractors and users world-wide and
available at www.theblackbookofoutsourcing.com.
In March, surveys were sent to the nearly 24,000 outsourcing decision
makers who were verified in the previous surveys, followed by 357,000
additional invitations sent to individuals in corporations, businesses,
organizations and government agencies who use, offer and are employed in
outsourcing services or pre-registered for the survey on the Black Book
website. Survey entry access codes were available only one time per
outsourced function. The survey closed on May 7, 2009. The 31 key
performance indicators of vendor satisfaction with supplier leadership
are posed with a scoring basis of 0 to 10 (0=deal breaking
dissatisfaction and 10=overwhelming exceeded expectations) per criteria.
Additionally, 18 key performance indicators in operational excellence
are also balloted for later study and custom reporting throughout 2009
for outsourcing clients, buyers, prospective users, analysts,
consultants, media and investors.