ABC BPO is an established contact center with very healthy revenues from a client set that includes Fortune 100 companies. Lately, ABC’s CEO is concerned that profit margins will decrease due to increasing costs of outsourcing.
The CEO hires a boutique strategy consulting firm, McBCG, who advise that the company must diversify to sustain profit margins. McBCG’s suggestion is that ABC should offer best of breed, SaaS delivered, software products for the SMB segment of the contact center industry. Given ABC’s several years of BPO experience, the company can leverage its domain knowledge and best practices. Since a lot of software currently used in ABC was developed by an in-house software development team, ABC may have a head start in developing the software for the external market.
McBCG also advise that there are two possible ways the company can go –
- Make the end to end suite of contact center software – In this case, ABC will be making all the software that a contact center needs and would be competing with companies such as Interactive intelligence, Contactual, Working Solutions, OnState, InContact. The CEO prefers this approach since an integrated, end-to-end suite can be used by ABC in its contact center expansion plans as well.
- The other option is to make a few function specific contact center software (not the entire suite) - In this case, ABC will be competing with highly specialized companies. Examples of these companies include Aspect, Irene, IEX (workforce management software); Cisco, Avaya, Genesys (telephony platforms); Nice (quality assurance software); PeopleSoft, Simployee (HR); SAP (analytics).
The CEO hires you as the head of Software Strategy and suggests that you design a detailed strategy product roadmap. The CEO suggests that you make a presentation that can be discussed with him and the rest of the senior management.
The presentation must cover the following
- The advantages/disadvantages of choosing one approach over the other
- Most interesting product features of the competitors’ products that you must implement
- The factors/features that give the competitor a very strong competitive advantage
- A detailed product roadmap that specifies what should be built and in what sequence, such that it enables ABC to emerge as a strong competitor
Points of evaluation are on content, clarity, correctness and innovativeness of the submission.