Companies looking to get involved in the international markets are embracing the build-operate-transfer (BOT)model. The BOT model is a form of an integrated partnership combining the design and construction responsibilities of design-build acquisitions with operations and maintenance. It lets you build an offshore team in the ‘build’ phase and put them for a preliminary test during the ‘operate’ phase. Once the team has adjusted to your company’s processes, tools, and methodologies, you can take full control of the team in the ‘transfer’ phase. BOT model gives you the leverage of trying before buying. That means you don’t need to invest much in your offshore unit until you are sure of its worth.
Build: It is the initial phase, including activities like defining the qualification requirements to the workforce. It includes everything ranging from distributing personnel recruitment procedure, approval of the reporting process, creation of infrastructure, and core team. This is also the phase where trust rapport between customer and contractor is formed, and the project is started.
Operate: This phase is where project management happens. It includes expanding the team as per the customers’ requirements while developing products or projects. Additionally, there is the implementation of processes to reach an ideal level of business maturity and technical abilities of the team. Also, the ‘operate’ phase encompasses the allocation of lead programmers and team leaders in the unit plus applicable costs are changed on an annual basis.
Transfer: it is the final phase where outsourcing partner transfers project ownership to the client. Although it’s only possible when your client is ready to take control of the project or the contract has ended. This phase includes a transfer of assets and some handover process.
We help you build a team of the top talent in India – right from sourcing candidates to interviews to due diligence & hiring. We then put those employees in an office of your choosing & manage their day to day operations. Later, once you feel the team is ready & at par with your sops, we transfer the control over to you. You now have access to global talent, an office in a different part of the world, easy access to a booming economy and most of all, you will have your employees
The BOT model enables you to set up an offshore team in the ‘build’ phase and then take them for a trial run during the ‘operate’ phase. Once you see that the team has well adapted to your company’s processes, methodologies, and tools, you can decide to take full control of the team in the ‘transfer’ phase. This model gives you the choice of trying before buying, meaning you don’t need to make any long term investment in your offshore unit until you are sure of its value.
The build-operate-transfer model at Mindbowser follows a set of procedures.
In short, Mindbowser will set up a dedicated team for your project as per the number of resources required. The resources will be provided with the infrastructure, which includes physical space, machines, high-speed internet, Amazon cloud workspace, secure access, and training. Also, a virtual CTO can be accessed on an hourly to a full-time basis.
If requested, Mindbowser will continue to assist with administrative management, accounting, recruitment, or any other services related to your offshore team even after the transfer of ownership.