Argea CEO is Featured Panelist at The Conference Boards Web Cast: Outsourcing in the Mid-Market: Why it is Important and How to Make it Work, Tuesday, October 11, 2005

Ram Iyer and Sid Milstein to discuss impacts of globalization in mid-market companies and the role of outsourcing in responding to global competitive threats.

Princeton, NJ (PRWEB) September 29, 2005 -- Argea announced today that Ram Iyer, Founder & CEO of Argea, the outsourcing consulting company, and Sid Milstein, former President of Global Processing for GE Capital and Argeas BPO Practice Leader, will be the featured panelists at The Conference Boards upcoming web cast entitled Outsourcing in the Mid-Market: Why it is Important and How to Make it Work.

The web cast, offered to corporate decision-makers and influencers, is designed to help mid-market companies improve their global competitiveness by using outsourcing to create an extended enterprise business model that is more responsive to competitive threats in all industry sectors.

In the next ten years, mid-market companies will face serious and escalating competitive challenges from companies in both G-7 and emerging economies. Mid-market companies are at special risk in this new economic order. They have neither the resources nor global presence of a large multinational but have developed market shares in their industries which make them prominent targets for foreign competitors. These foreign companies have demonstrated their aptitude in executing a global market strategy, as they enter the markets of the US, Western Europe and Asia. Mid-market companies in the US must also embrace and manage the changes spawned by globalization - and use them to their advantage - or perish.

Ton Heijmen, Senior Outsourcing/Offshoring Advisor to The Conference Board said Working with a global network of suppliers is an excellent way to build the organizations ability to do business globally. Some of the hottest outsourcing destinations of today, like India and China, will be among the largest markets of the next few decades."

Historically, the conventional business model in the mid-market described a vertically integrated company, which was an appropriate model before the pressures -- and promises - of globalization emerged. However, the competitive pressures of globalization today are best tackled with the 'extended enterprise model. This model gives a company to access global resources that allow it to match up with international competitors who are empowered with the cost advantages of a global network of partners and suppliers.

One of the shortest paths to begin building an extended enterprise, and one with the greatest potential for business returns, is enterprise-wide outsourcing. Outsourcing creates extended global networks of suppliers, resources, skills and advanced capabilities, without the expense of actually building them around the globe. It creates the mechanism for replicating the reach, resources and responsiveness of a true multinational corporation without the cost or scale of becoming one.

Ram Iyer said, Global competitors find the markets that mid-market companies sell into very attractive and they come with global savvy. Outsourcing is an excellent place to develop global savvy and a competitive cost model that mid-market companies need to respond to foreign competitors."

Sid Milstein, EVP and Head of Argeas BPO Practice Group, will bring to the panel the perspective of a highly accomplished practitioner of offshore outsourcing. He was one of the early pioneers in developing GEs offshore processing capability in India and Mexico, serving as President of GE Capitals Global Processing Services from 1997 to 2001. Sid is a Certified Six Sigma Quality Leader and served as the SVP of Six Sigma Quality at GE Technology Management Services. Sid Milstein said, I understand the key outsourcing success criteria from our offshoring efforts at GE. Working with other experienced outsourcing practitioners at Argea, Im eager to help more mid-market companies be successful."

About The Conference Board Web Cast

The web cast seminar will be broadcast from 11:00 AM -- 12:30 PM EST. Additional information and registration details about Outsourcing in the Mid-Market: Why it is Important and How to Make it Work can be obtained on The Conference Boards event web site at http://www.conference-board.org/conferences/Webcasts/upcomingWebcast.cfm?ID=1046.To speak with a representative of The Conference Board, dial (212) 339-0345. Email inquiries should be sent to orders@conference-board.org.

About Argea

Argea's Mission is to help US-based businesses become more globally competitive by intelligently choosing and collaboratively integrating global resources and technologies to drive business performance. Argeas experienced practitioners have deep business experience and many years of outsourcing experience, and are committed to making outsourcing successful for more companies. Argea provides consulting and outsourcing management services across the outsourcing lifecycle. To find out how Argea can help your business, please visit our website at http://www.argea.com/.

Company Contact:

Lee Swindall, VP Marketing

Argea

12 Roszel Road Suite A-204

Princeton, NJ

609-734-9100 (Direct)

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