Coffee Connect
Coffee Connect
ON
PREPARED FOR
SUBMITTED BY –
IN PARTIAL FULFILLMENT OF
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Declaration
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Acknowledgement
Every Project big or small is successful largely due to the effort of a number of
wonderful people who have always given their valuable advice or lent a helping
hand.
I sincerely appreciate the inspiration, support and guidance of all those people who
have been instrumental in making this project a success.
Last but not the least I place a deep sense of gratitude to my family members and
my friends who have been constant source of inspiration during the preparation of
this project work.
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Table of Contents
S . No Particulars Page No
1 Industry Profile 6
2 Company Profile 9
3 Introduction 14
4 What is Coffee Connect 15
5 Implementation 16
6 Recommendations 17
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INDUSTRY PROFILE
Introduction
The global sourcing market in India continues to grow at a higher pace compared
to the IT-BPM industry. India is theleading sourcing destination across the world,
accounting for approximately 55 per cent market share of the US$ 185-190 billion
global services sourcing business in 2017-18. Indian IT &ITeS companies have set
up over 1,000 global delivery centers in about 80 countries across the world.
More importantly, the industry has led the economic transformation of the country
and altered the perception of India in the global economy. India's cost
competitiveness in providing IT services, cost savings of 60–70 per cent over
source countries, continues to be the mainstay of its Unique Selling Proposition
(USP) in the global sourcing market. However, India is also gaining prominence in
terms of intellectual capital with several global IT firms setting up their innovation
centers in India.
India has become the digital capabilities hub of the world with around 75 per cent
of global digital talent present in the country.
Market Size
The internet industry in India is likely to double to reach US$ 250 billion by 2020,
growing to 7.5 per cent of gross domestic product (GDP). The number of internet
users in India is expected to reach 730 million by 2020, supported by fast adoption
of digital technology, according to a report by National Association of Software
and Services Companies (NASSCOM).
Indian IT exports increased to US$ 126 billion in FY18 while domestic revenues
(including hardware) advanced to US$ 41 billion.
Indian IT and BPM industry is expected to grow to US$ 350 billion by 2025 and
BPM is expected to account for US$ 50-55 billion out of the total revenue.
Total spending on IT by banking and security firms in India is expected to grow
8.6 per cent year-on-year to US$ 7.8 billion by 2017.
India’s Personal Computer (PC) shipment advanced 11.4 per cent year-on-year to
9.56 million units in 2017 on the back of rise in the quantum of large projects.
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Revenue from digital segment is expected to comprise 38 per cent of the forecasted
US$ 350 billion industry revenue by 2025.
Investments/ Developments
Indian IT's core competencies and strengths have attracted significant investments
from major countries. The computer software and hardware sector in India
attracted cumulative Foreign Direct Investment (FDI) inflows US$ 29.825 billion
from April 2000 to December 2017, according to data released by the Department
of Industrial Policy and Promotion (DIPP).
Leading Indian IT firms like Infosys, Wipro, TCS and Tech Mahindra, are
diversifying their offerings and showcasing leading ideas in blockchain, artificial
intelligence to clients using innovation hubs, research and development centres, in
order to create differentiated offerings.
Some of the major developments in the Indian IT and ITeS sector are as follows:
Government Initiatives
Some of the major initiatives taken by the government to promote IT and ITeS
sector in India are as follows:
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agriculture to achieve the target of making India a US$ 1 trillion digital
economy.
Road Ahead
India is the topmost offshoring destination for IT companies across the world.
Having proven its capabilities in delivering both on-shore and off-shore services to
global clients, emerging technologies now offer an entire new gamut of
opportunities for top IT firms in India. Export revenue of the industry is expected
to grow 7-9 per cent year-on-year to US$ 135-137 billion in FY19.
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Company Profile
Vision :
"TCS’ vision is to decouple business growth and ecological footprint from its
operations to address the environment bottom-line. The green approach is
embedded in our internal processes and services offerings...... From green
buildings to green IT to a green supply chain, our mantra is to grow sustainably
and help our customers achieve sustainable growth through our green solutions and
service offerings"
Mission Statement :
Our mission reflects the Tata Group's longstanding commitment to providing
excellence:
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FY18 Performance Highlights
1. Revenue
1. INR Revenue of 1.23Tn rupees, growth of 4.4% YoY.
2. USD Revenue of $ 19,089 Mn, growth of 8.6% YoY.
3. Constant currency revenue growth of 6.7%.
2. Profit
1. Operating Income at ` 305,020 Mn, Operating Margin of 24.8%.
2. Net Income at ` 258,260 Mn, $ 4,005 Mn, Net Margin of 21.0%
3. Demand
1. Clients $100M+ up by 3; $50M+ up by 13; $20M+ up by 17, $10M+
up by 40, & $5M+ up by 36
4. People
1. Net addition of 7,775, Closing headcount: 394,998
2. 5.6 Mn Learning days, 247,000+ associates trained in Digital,
208,000+ associates trained in Agile.
3. Women constitute 35.3% of total employee strength.
Competitors
Accenture
Wipro
Wipro is perceived as one of TCS's biggest rivals. Wipro was founded in 1945 in
Bangalore, Karnataka. Wipro operates in the IT Services industry. Wipro generates
$6B more revenue than TCS.
Infosys
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Service Lines
TCS' services are currently organised into the following service lines
Operations
TCS has 289 offices across 46 countries and 147 delivery centers in 21
countries.At the same date TCS had a total of 58 subsidiary companies.
TCS’ strategy for longer-term growth is to continually extend the core IT services
business by expanding its geographic reach, industry coverage and service
capabilities and deepening existing client relationships, building or acquiring
emerging businesses and adopting or creating new business models and business
solutions through continuous innovation.
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customer-centric organization is an important enabler that has ensured high levels
of accountability, superior customer service and intimacy.
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Introduction
There is always a risk of candidates dropping out after accepting the offer. This
kind of situation is every recruiter’s nightmare. Hence to avoid such situations TCS
has introduced several methods to increase communication with candidates post
their offer acceptance. This study is focused on what is Coffee Connect and how
did we go about in implementing it.
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What is Coffee Connect?
It is an informal session where the candidates get to interact with the some of the
top leaders of the Organization. Candidates get to ask doubts regarding their role in
the Company, learning opportunities, future prospects etc. They also get to interact
with other candidates who are going to join TCS.
The purpose of such a session is not just to reduce the dropout rate, but also to
establish the brand image of the Company among the new recruits. They should
know what kind of Company they are about to join.
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Implementation
Invitation
First, the new recruits were called and invited to attend the ‘Coffee Connect’
session. We had to explain to them what the session was all about and why it
was beneficial to them. Some candidates are reluctant to attend such
sessions. Such candidates needed special convincing to do so. Non joiners
were also encouraged to attend the session. At the end of the day, an invite
mail was sent out to all those were to attend, stating the date and venue off
the session.
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Recommendations
Feedback should be collected about the session so that we can better match
candidate’s expectations.
Provision should be made for those candidates who were not able to attend
the session. For ex, a short video of the entire session can be sent to them.
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