Global Captive Centers (GCCs) or subsidiaries in offshore locations, aiming for cost efficiency and operational excellence, have been on an intriguing journey. Evolving from basic extensions to transformative entities, they contribute immensely to the parent companies’ growth across sectors and divisions.
Though born out of cost considerations, GCCs have transformed into innovation hubs in several geographies. Additionally, they are also responsible for transforming the regions they operate in. For instance, societal, environmental, and economic benefits through talent development, innovation, and eco-friendly initiatives are palpable in India, a popular GCC destination for global organizations.
Through this e-book, we delve deep into the world of opportunities and capabilities GCCs have unlocked for parent companies. We also look at the factors that lead to the growth in the GCC volume, the steps it takes for companies to set up and sustain their GCCs, and several other key facets of bringing a captive center into existence.
Takeaways
The e-book addresses and sheds light on key aspects that shape the success of GCCs. Discover information, insights, and answers to some of the most common questions about the growth story of GCCs, such as:
What are the factors that enable GCC success within a specific location?
How are GCCs helping parent companies and their base locations?
Where do GCCs stand with respect to digitalization and technology adoption?
What common challenges need to be overcome for GCC success?
