The Industry leader Nasscom has revealed some new set of voluntary recommendations. These recommendations are purely meant to build up the practices of corporate governance in IT-BPO industry (India). Experts believe that Nasscom recommendations will institute the highest principles of corporate governance and probity in the companies.
Nasscom proposal includes best practices to be followed by the IT-BPO sector. Most companies engaged in this sector ensure world-class business practices. These practices help companies to compete at the global level based solely on service delivery and quality.
Sangeeta Gupta, the Vice-President of Nasscom said that the main aim of this report will be to put into place diverse policies that a company has to follow. The entire report establishes the fact that good corporate governance and the ethics is to guarantee commitment of the company in handling the company needs and management.
The report showcases certain fundamentals in maintaining transparency within business organizations. Maintaining transparency will maximize the long-term value of the organization not only for its customers but also for its competitors, employees and shareholders and other partners.
The Vice-President of Nasscom added that they not only focus on financial regulatory towards the employees, vendor partners and employees, but they also focus on the global IT/BPO industry proceeds. Gupta also said that the Indian information technology sector has been playing a major role at the global level and this has led them work on a globalized platform.
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