Key Benefits of Industry Mapping for Expansion Plans in India
India’s business environment is constantly changing and offers an abundance of opportunities for companies looking to expand. If you are a startup and looking to grow or an established multinational looking to enter new regions understanding the competitive space and talent pool is key. Industry Mapping Services can help.
At Serviam Manpower we provide customized Industry Mapping Services in Mumbai and throughout India, providing businesses with critical market intelligence there can enhance their expansion strategies to enable more intelligent, faster and sustainable growth.
Industry Mapping helps in
Better hires
More thought-out market entry
Best value for investments
Informed competitor analysis
Key Advantages of Industry Mapping for Expansion Initiatives in India
1 . Identifying the Right Talent Pools
India has a large and diverse labor pool, but access to specialized skills differs from place to place. Industry Mapping Services help companies identifying through
Location-specific skillset distribution
Availability of niche expertise
Compensation benchmark analysis
Hiring and attrition trends
2 . Knowing your Competition Landscape
Before you venture into a new area, it’s of utmost importance to gain an understanding of who the key players are and how they operate. Industry mapping provides an overview of the competitors being mapped like employee organizational structure, talent strategies and amalgamated market share.
3 . Faster Decision Making about Market Entry
Data is power. With real-time views in market intelligence, decision makers can advance go-to-market strategies and reduce exposure. Professional staffing services in Mumbai and elsewhere in the metros, enable companies to:
Identify the best office or branch locations
Understand the local business culture
Fairly align salary structures with surrounding market
Evaluate cost of operations and potential ROI
4 . Customized Talent Acquisition Strategy
Using generic hiring strategies does not work as well for companies in growth mode. Industry mapping provides professional staffing firms with an understanding of the industry that enables them to develop tailored hiring frameworks.
5 . Better Employer Branding and Positioning
Top candidates often have multiple offers. Knowing what attracts talent in your industry and geographical location allows you to create an enticing employer value proposition (EVP).
Following industry experiences helps your brand to:
Recognize your differentiators
Provide market competitive and attractive remuneration
Use the right channels and methods of communication
Start building loyalty from day one
Why Serviam for Industry Mapping Services in Mumbai?
Serviam Manpower, one of the esteemed Industry Mapping Services in Mumbai delivers with years of industry experience across IT, BFSI, Manufacturing, and Healthcare with visually compelling analytics for actionable insights, confidential and ethical assessment of talent intelligence, and integrated seamlessly with your internal HR and Strategy Teams.
Final Thoughts
Industry mapping has gone from being an optional additional process, to being an important strategic and tactical process. For businesses that are planning an expansion into India, our Industry Mapping Services mean that you access a source of competitive advantage. The pre-competitive insights you receive, will help you identify talent hot spots, competitor rationale and the underlying drivers of the market to label the styles you bring to market for sustainability. Contact Us Now and see the results.