We follow Agile Methodologies for development and project planning/tracking. Combination of Scrum & XP principals are used to successfully deliver products and projects. We become an extended development arm for our clients.
Few Agile Practices
- Daily Stand-ups
- Two-way communication with the client
- Retrospective
- Test driven development
- Automated functional testing
- Overlap of at-least 2 hours with client’s time zone
- Integrative development
- Continuous integration
Corporate Governance
Optimizing Corporate Performance through Good Governance. Corporate Governance is the interaction between various participants (shareholders, board of directors, and company’s management) in shaping the organization’s performance and the way it is proceeding towards. The relationship between the owners and the managers in an organization must be healthy and there should be no conflict between the two. The owners must see that individual’s actual performance is according to the standard performance. In addition, Corporate Governance ensures transparency which ensures strong and balanced economic development. This also ensures that the interests of all shareholders (majority as well as minority shareholders) are safeguarded. It ensures that all shareholders fully exercise their rights and that the organization fully recognizes their rights. In brief, Corporate Governance has a broad scope. It includes both social and institutional aspects. Corporate Governance encourages a trustworthy, moral, as well as ethical environment.
Our governance structure is made up of:
Board of Directors: The board of directors is responsible for overseeing the management of the company and making strategic decisions. They provide guidance and oversight to the executive management team and ensure that the company operates in accordance with legal and ethical standards.
Executive Management Team: The executive management team is responsible for the day-to-day management of the company. This team typically includes the CEO, CFO, COO, and other senior executives. They are responsible for implementing the board’s strategic decisions, managing the company’s operations and finances, and ensuring that the company is meeting its objectives.
Committees: The board of directors may establish committees to oversee specific areas of the company’s operations. These committees could include an audit committee, a compensation committee, a governance committee, and a sustainability committee.
Shareholders: The shareholders own the company and have the right to vote on important decisions such as electing board members and approving major strategic initiatives. The company should have a clear process for communicating with shareholders and providing them with the information they need to make informed decisions.
Stakeholders: In addition to shareholders, the company has a variety of stakeholders, including customers, employees, suppliers, and the wider community. The company should have policies and procedures in place to ensure that it is meeting the needs of all stakeholders and operating in a socially responsible manner.
Code of Conduct: The company should have a code of conduct that outlines the values and principles that guide its operations. This code should cover topics such as ethics, integrity, diversity and inclusion, and sustainability.
Risk Management: The company should have a robust risk management framework that identifies and mitigates potential risks to the business. This framework should include processes for identifying, assessing, and managing risks, as well as reporting and monitoring mechanisms to ensure that risks are being managed effectively.
This governance structure is designed to provide clear lines of accountability and oversight, ensure that the company operates in accordance with legal and ethical standards, and meet the needs of all stakeholders.