Dear All,
India saw resurgence in most fields especially Metals, Automotive, Banking & Pharmaceutical sectors with the Sensex crossing 17,000 points since October 2008 and raising positive notes for investors and business holdings closer to the festive season. INDIA has been optimistic in hiring from Q3 and Q4, 2009 with acceleration across, mining, construction, wholesale & retail trade, finance, insurance and real estate sectors being most optimistic. The global market also saw optimism with hiring with Brazil, Colombia, Peru, China and Australia seeing surge followed by India. Recessionary trends are walking off with more optimism and careful forecasts by Planning Commissions being on track.
MapleCode saw many new team members arriving on board in August, September and October of 2009 primarily focussed in the TAG and Sales groups in Bangalore. In its hiring strategy and as an EEO, MapleCode continues to give opportunities to fresh management and technical graduates as well as experienced hands in trying out new opportunities with the group. Operationally, this phase was significant with the Company opening its first national Branch Office in Hyderabad to be headed by Ms. Revti Sahay (Resident Director & Head – Hyderabad Operations) to primarily focus on the TAG group in that region. We welcome Revti to MapleCode.
IT Advisory Services
MapleCode proceeded to implement an “IT based” working culture within its offices. With this vision in mind, the IT Advisory Services group along with Blu Bee Web Solutions has stepped in with a 12 month IT development contract to automate all activities within the TAG & Sales group within MapleCode. This is an ambitious in-house project with main focus on arriving at ‘better’ solutions to delivery and plan work assignments with clients. External market focus continues with business enquiries across industries.
MapleCode’s Blue Ocean Strategy to utilize social media to market and promote its brand has yielded momentous results. A sliced version of www.maplecode.com website analysis revealed a 76% Direct Traffic, 14% traffic through Search Engines and 10% through affiliated sites. Site visits have been from the US, UK, Australia, MiddleEast and South East Asia. This signifies that the social branding mechanism worked in promoting the MapleCode brand globally,
The Talent Acquisition & Delivery Group saw new client additions among the Fortune 500 group. It has been an achievement to partner with these leading groups early on in business. The Sales group continues to target and align itself to generate more recurring businesses through these clients as well as bring in more clients to the Company’s fold in the weeks and months ahead.
MapleCode’s Learning Solutions division has initiated the in-house learning program with an aim to train MapleCode’s team in general work, business and operational areas. This is to increase business efficiencies and at the same time grow the system into a well-learned and groomed team.
New Wings and Spread
Close on the heels of opening the Hyderabad office, MapleCode is all set to open its first International Office in Brisbane, Australia along with an Australian owned and managed IT Consulting house there. This office during the period 2009-10 will focus only on MapleCode’s IT Advisory Services business for government, semi-government and non-government organizations in the geography. We look to close this new business lead by the end of October 2009.
MapleCode’s Social Media
As you would all know and as detailed above, MapleCode has been active on all Social Media sites which is the next wave in branding & marketing. We have achieved unique success in this usage. Our popular links in the internet include:
1. Facebook – http://www.facebook.com/group.php?gid=82670507660
2. Twitter – http://twitter.com/MapleCode
3. Linked In - http://www.linkedin.com/groups?gid=2097887&goback=.gdr_1250681425956_1&trk=anetsrch_name
4. Blog Page - http://maplecodeinfobytes.blogspot.com/
New HR Initiatives
· Spot Awards
· Birthday Programs
· Launched - Launch of Incentive Scheme and New Salary Structure – Mid August 2009
· Launched - Asset Acquisition Policy – Allows associates to own assets (laptops etc) – July 2009
· Launched - Employee Referral Policy – August 2009
· Launched - New Reward Schemes – August 2009
Next Steps
MapleCode has been a aficionado of the Blue Ocean and other core strategy Principles of doing things differently and ahead of competition. We are in the wave of adopting and re-engineering our processes in the months ahead to achieve operational efficiencies in all our process. We encourage you to be a part of it strategically and operationally.
The Global market cues indicate that 2010 will have exceptional surges in market valuations, revenue projections with INDIA projecting a growth rate of 6-8% in 2010-11-12 much ahead its competitive peers. It is imperative that we do not miss this opportunity at any cost. As I detailed in my 1st newsletter, we need to strive to be #1 or #2 in every business vertical we do business in. We expect the same from every activity that you perform at MapleCode.
Please visit MapleCode's Global website on www.maplecode.com for more information and enquiries.
Regards,
Prashanth Vaidyan, Director,
MapleCode Consulting Private Limited
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