- Organizations have service duplications for unique needs. These duplications increase business expenditure.
- Lack of collaboration between business units to share their services increases business cost and reduces business units’ faith to implement shared services.
- Transitioning infrastructure to shared services is challenging for many organizations. It requires an accurate planning and efficient communication between participating business units.
Our Advice
Critical Insight
- Identify your current process, tool, and people capabilities before implementing shared services. Understand the financial compensations prior to implementation and assess if your organization is ready for transitioning to shared services model.
- Do not implement shared services when the nature of the services differs greatly between business units.
Impact and Result
- Understand benefits of shared services for the business and determine whether transitioning to shared services would benefit the organization.
- Identify the best implementation plan based on goals, needs, and services.
- Build a shared-services process to manage the plan and ensure its success.