Globalization Executives Highlight Additional Locations and Cultural Fit as Key Levers

NEW ORLEANS. January 3rd 2009

Executives including CEO, CTO and CFO's among others from leading companies including Fiserv, Schumacher Group, AIQ and several others polled in 2008 by GRM Group highlighted the importance of "Location" and "Cultural Fit" as key factors influencing business process performance, productivity and thereby total cost of operations.

Over 15 executives polled at the 2008 Globalization User Group hosted by GRM Group at the Ritz Carlton, New Orleans, and several other executives leading business services companies interviewed following the User Group providing feedback about the risks and associated rewards of Globalization also indicated that we are now beyond the "Early Adopter" phase of Globalization and offshore i.e. Globalization 1.0, typically associated with outsourcing is now evolving to Globalization 2.0 that will likely result in increased cross border mergers and acquisitions, expansion into additional locations as well as international market entry.

"As we put together an agenda for our Globalization road map for 2009 and beyond, we expect our clients to continue to grow their business with us via outsourcing however, we also (a) expect to invest in additional locations, beyond the usual Mumbai, Bangalore etc. such as Ahmedabad for political, labor as well as infrastructure diversification and (b) proactively consider merger and acquisition opportunities where there is strategic, operational and most importantly cultural fit i.e. Globalization 2.0 is on our strategic road map for 2009 an beyond" said Vipul Bansal, CEO and Co-founder of Medusind.

Among other topics, attendees at the conferences reviewed how to: (i) Plan for Globalization, (ii) Procure Infrastructure, Personnel etc. and (iii) Integrate cross border teams into business and operations plans.You can learn more about Globalization 2.0 via e-mail toinfo@grmgroup.net or by calling (404)435-6963.