GSC Web Meeting: Supply Chains that Empower Communities: Impact Sourcing (Part 1)

Workers perform final testing and QA before sending drives off to customers on its 2.5-inch notebook lines. (Photo: Robert Scoble, 6 November 2008)

Workers perform final testing and QA before sending drives off to customers on its 2.5-inch notebook lines. (Photo: Robert Scoble, 6 November 2008)

In today’s world of increasingly socially-conscious consumers, companies are recognizing that cutting their production costs is no longer the key priority. In the global village many organizations recognize their responsibility to be a significant presence wherever their operations take place, not only out of an obligation towards corporate social responsibility, but also because responsible sourcing practices are appreciated and rewarded by an increasing number of consumers. Western companies can have a huge impact on small service and labor providers in South and South-East Asia, Africa or South America. And many today make a conscious choice to produce profit with a purpose.

Impact Sourcing

Impact Sourcing is cost-effective way to deliver high-quality digital solutions to enterprises, while providing work and opportunity for some of the world’s poorest citizens. It is a segment of the Business Process Outsourcing (BPO) industry that benefits disadvantaged individuals in low employment areas. Impact Sourcing looks beyond the common source of supply for traditional outsourcing to provide higher-income employment, skill development, and access to new income opportunities to individuals who might not otherwise be employed in this sector. Impact Sourcing supports the workforce demands of the growing BPO industry, while empowering individuals to create better futures through training and work experience in the BPO industry.

This is the first webinar in a series about Supply Chains that Empower Communities.
Prepare questions! The panel will end with a Q&A with the audience!

 

PANELISTS:

KEVIN PARIKHKevin S. Parikh, Esq.  |  CEO, Sr. Partner at Avasant

Kevin Parikh is the Global CEO and Sr. Partner at Avasant. Prior to joining Avasant, Mr. Parikh led the Global IT Sourcing practice for Gartner Consulting. Mr. Parikh specializes in IT and business process outsourcing (BPO), contract and service‑level negotiations, joint ventures, captive centers, strategic management, business risk evaluation and software licensing. His practice engages in both nearshore and offshore sourcing solutions. Mr. Parikh is based in Los Angeles, California.

Over his career, Mr. Parikh has been involved in more than 350 IT sourcing and business transactions. These deals have ranged from US$20 million to US$2.5 billion, involving major Tier 1 and Tier 2 service providers. Mr. Parikh has also worked closely in support of government clients that seek to increase foreign direct investment (FDI). In this regard, he works on a global basis with the World Bank, the Rockefeller Foundation, the U.S. Government, and other United Nations funded and driven projects. As an attorney by training, he specializes in negotiating complex and global transactions where he works toward bridging the gaps between legal counsel and business team objectives. He was also a U.S. Presidential appointee in the Clinton Administration for the One America Commission.

Mr. Parikh is author of a recent article in Outsource Magazine, “Making an Impact.”

Michael_ChertokMichael Chertok | Co-founder and Chief Development Officer at Digital Divide Data (DDD)

Mr. Chertok also serves as a Director on DDD’s board. Previously, he served as Program Officer in the Global Development Program of the Bill & Melinda Gates Foundation. Michael has also worked as a consultant on philanthropy and international development to other private foundations–and was a Digital Vision Fellow at Stanford University. Michael was the co-founder and Managing Director of Global Catalyst Foundation, the philanthropic arm of a Silicon Valley venture capital firm. Prior to this, he helped start the non-profit organization Schools Online to bring Internet access and training to more than 5,000 schools around the world. Michael holds a BA in Russian Studies from Yale University and an MBA and a Certificate in Public Management from the Stanford Graduate School of Business.

MODERATOR:

Bharat RamaniBharat Ramani | Board Member at the Global Sourcing Council

Global strategist and entrepreneur with 27 years experience in building and managing a multinational corporation. He’s an expert in creating strategic alliances, partnerships, collaboration, business restructuring and turnarounds in cross border environments and an accomplished executive who promoted, grew and exited, a listed company – Melstar Information Technologies Ltd in India. The company had operations in India, Europe and U.S. and was acquired by the Birla Group. He was involved in setting up IT Application Outsourcing Centers for Fortune 500 companies in Mid 1990′s. He has lived and setup operations in US, India,Russia, UK, Germany and Hongkong.

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