Tag: Shared Services and Outsourcing

Finance and Shared Business Service Strategy

 Client The Client established a Shared Business Services group (SBS), consolidating portions of Finance, Human Resources and Information Technology, as part of a cost reduction effort. The Global Finance organization was asked to support this transformation by migrating key transactional processes from Finance to Shared Services. Key elements to an...

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Transform your Shared Services Culture to Drive Strategic Business Value

Shared Services programs are increasingly expected to produce business value beyond labor arbitrage and other cost and efficiency metrics.  To meet this challenge, forward-looking Business Services organizations are taking the lead in enterprise transformation.  They are identifying and delivering disruptive process improvements, tapping into “horizontal” change opportunities, and extending best...

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High Level Approach to Successful Shared Services

While launching shared services is not for the faint-of-heart, taking a high-level approach helps identify what’s important to focus on. Joanie Walker and Michael LaMonaca continue their ‘Shared Services for IT’ series. Over the course of the last several decades, large companies have sought to control costs and improve service...

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Why Shared Services for IT: 5 Benefits for Greater Efficiencies

Over the course of the last several decades, large companies have sought to control costs and improve service quality by consolidating business support operations into a single shared service organization. Specifically within the Life Sciences industry, major product patent expirations are reducing cash flow and decreasing revenues, leaving companies with...

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The IT Strategy Monograph:  Evolving Strategically with IT Shared Services

Top CIOs have come to understand the need to materially contribute to shareholder value.  As this role continues to evolve IT services from “parity function status” to “strategic enterprise partner”, even greater attention has been placed on security issues and staying current with hot technologies. Beyond the ‘hot-button’ topics of...

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