Professional Documents
Culture Documents
Bhakra, MD of AQMT Company doing the performance review of sales team of 8 who
handles business growth, 8 out of 6 sales team member were associated with organization for
more than 8 Years. So past couple of quarter business has gone down & MD wants to know
reason of slowdown of business by 30% & issue with acquisition of clients for new innovative
product names “iSOC” & Script less Testing. 2 of sales Team who are just finished years with
organization got ultimate of bringing the business of 30 Lakh in next couple of month or else
look for new opportunity for yourself.
AQMT Ltd.
AQMT Ltd. Is in IT Software service sector, providing software testing services to Banking,
Insurance & Financial Market (Capital market organization), and Exchanges in India,
providing manual testing of software developed by these organization & along with this some
auxiliary Load & Performance Testing & Security Operation Testing too.
AQMT was set up in 2000 by 3 partners who were CA & ISO certified people, by keeping
view of IT innovation during that period & took step. Company was register under MSME act
in India so was enjoying benefits of that too. During this period they worked with all major
players in the sector & where got names themselves for. They made very good profit throughout
the time period but not till couple of quarters.
Services bouquet of AQMT to Clients:
1. Functional Testing of Application
2. Digital Program Testing
3. Test Automation
4. Security Testing
5. Load & Performance Testing
6. Risk & Audit Services
7. Information Security
Software Testing service sector competition was there, some 12 organization where operating
all of India with diversified portfolio of services offered too with domain oriented expertise
services. Oher than this Local software testing firm as well as some start-up organization where
get established in recent time period also affected business. Company was awarded couple of
time with well know awards in Industry for their innovative services offered.
In Competition market share of AQMT was rose up to 16% during this period.
During 2016 September, 2 Partners took decision to separate this organization as they become
conflict for business purpose because AQMT used to do Manual Testing & Security testing of
application. & AQMTD core area was to do Audit services & ISO Audit, IT Policy making,
VAPT & many more & AQMTD was focused to
Due to split up business AQMT look completely into testing part & AQMTD looked into Audit
part in BFSI Sector.
Decision of splitting up of was impulsive in nature they consider that registration & licenses
will be important other documents will be taken place in due course of action. Most of the thing
fall in that trap Sales team in on fire during that period; agreement o client with old name to
new name, change of bank account for transaction, bill were pending , cheque got bounce due
to incorrect name all mess & that all was sales team inefficiency as declare by MD & CFO.
MD
COO
Resource
Banking UI Developers ISO certified Sales Support
Management
Automation Employee
Capital Market VAPT
Engineer Engagement
Documentation
Insurance team
For HoD & project manager appraisal system is How many projects they completed in the
quarter & in Years & how they are increasing business with clients internally. & lastly their
interpersonal relation with Procurement Head; so Mr. kadam HoD of Banking team is unhappy
this year because he was expected to get higher % increment because too many successful
project completion including some prestigious project but he was not following orders of head
he didn’t received what he expected & then he took decision of leaving organisation & after
that banking team is like soldier without captain. & has to face lots of issue.
For HoD compensation is how many project got completed in quarter and they are eligible for
10k minimum.