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Shared services

Index Shared services

Shared services is the provision of a service by one part of an organization or group, where that service had previously been found, in more than one part of the organization or group. [1]

31 relations: ArcelorMittal, BBC, Benchmarking, BP, Bristol-Myers Squibb, Cabinet Office, Economies of scale, Enterprise content management, Failure demand, Ford Motor Company, General Electric, Gershon Review, Hewlett-Packard, Integration competency center, John Seddon, Joint venture, Measurement, National Audit Office (United Kingdom), Nearshoring, Offshoring, Offshoring Research Network, Outsourcing, Performance indicator, Pfizer, Private sector, Professional employer organization, Republic of Ireland, Rolls-Royce Holdings, SAP SE, Shared services center, The Vanguard Method.

ArcelorMittal

ArcelorMittal S.A. is a Luxembourgish multinational steel manufacturing corporation headquartered in Luxembourg.

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BBC

The British Broadcasting Corporation (BBC) is a British public service broadcaster.

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Benchmarking

Benchmarking is comparing ones business processes and performance metrics to industry bests and best practices from other companies.

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BP

BP plc (stylised as bp), formerly British Petroleum, is a British multinational oil and gas company headquartered in London, England.

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Bristol-Myers Squibb

Bristol-Myers Squibb (BMS) is an American pharmaceutical company, headquartered in New York City.

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Cabinet Office

The Cabinet Office is a department of the Government of the United Kingdom responsible for supporting the Prime Minister and Cabinet of the United Kingdom.

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Economies of scale

In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation (typically measured by amount of output produced), with cost per unit of output decreasing with increasing scale.

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Enterprise content management

Enterprise content management (ECM) extends the concept of content management by adding a time line for each content item and possibly enforcing processes for the creation, approval and distribution of them.

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Failure demand

Failure demand is a systems concept used in service organisations first discovered and articulated by Professor John Seddon as 'demand caused by a failure to do something or do something right for the customer'.

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Ford Motor Company

Ford Motor Company (commonly referred to simply as "Ford") is an American multinational automaker headquartered in Dearborn, Michigan, a suburb of Detroit.

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General Electric

General Electric Company (GE) is an American multinational conglomerate incorporated in New York and headquartered in Boston, Massachusetts.

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Gershon Review

The Gershon Efficiency Review was a review of efficiency in the UK public sector conducted in 2003-4 by Sir Peter Gershon.

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Hewlett-Packard

The Hewlett-Packard Company (commonly referred to as HP) or shortened to Hewlett-Packard was an American multinational information technology company headquartered in Palo Alto, California.

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Integration competency center

An integration competency center (ICC), sometimes referred to as an integration center of excellence (COE), is a shared service function providing methodical data integration, system integration, or enterprise application integration within organizations, particularly large corporations and public sector institutions.

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John Seddon

John Seddon is a British occupational psychologist and author, specialising in change in the service industry.

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Joint venture

A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance.

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Measurement

Measurement is the assignment of a number to a characteristic of an object or event, which can be compared with other objects or events.

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National Audit Office (United Kingdom)

The National Audit Office (NAO) is an independent Parliamentary body in the United Kingdom which is responsible for auditing central government departments, government agencies and non-departmental public bodies.

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Nearshoring

Nearshoring is the outsourcing of business processes, especially information technology processes, to companies in a nearby country, often sharing a border with the target country.

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Offshoring

Offshoring is the relocation of a business process from one country to another—typically an operational process, such as manufacturing, or supporting processes, such as accounting.

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Offshoring Research Network

The Offshoring Research Network is an international network of researchers and practitioners studying organizations in their transition to globalizing their business functions, processes and administrative services.

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Outsourcing

In business, outsourcing is an agreement in which one company contracts its own internal activity to a different company.

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Performance indicator

A performance indicator or key performance indicator (KPI) is a type of performance measurement.

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Pfizer

Pfizer Inc. is an American pharmaceutical conglomerate headquartered in New York City, with its research headquarters in Groton, Connecticut.

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Private sector

The private sector is the part of the economy, sometimes referred to as the citizen sector, which is run by private individuals or groups, usually as a means of enterprise for profit, and is not controlled by the State.

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Professional employer organization

A professional employer organization (PEO) is a firm that provides a service under which an employer can outsource employee management tasks, such as employee benefits, payroll and workers' compensation, recruiting, risk/safety management, and training and development.

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Republic of Ireland

Ireland (Éire), also known as the Republic of Ireland (Poblacht na hÉireann), is a sovereign state in north-western Europe occupying 26 of 32 counties of the island of Ireland.

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Rolls-Royce Holdings

Rolls-Royce Holdings plc is a British multinational public limited company incorporated in February 2011 that owns Rolls-Royce, a business established in 1904 which today designs, manufactures and distributes power systems for aviation and other industries.

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SAP SE

SAP SE (Systeme, Anwendungen und Produkte in der Datenverarbeitung, "Systems, Applications & Products in Data Processing") is a German-based European multinational software corporation that makes enterprise software to manage business operations and customer relations.

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Shared services center

A shared services center – a center for shared services in an organization – is the entity responsible for the execution and the handling of specific operational tasks, such as accounting, human resources, payroll, IT, legal, compliance, purchasing, security.

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The Vanguard Method

The Vanguard Method a is a proprietary methodology delivered by Vanguard Consulting used by service organisations to change from a command and control to a systems approach to the design and management of work.

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Shared Services.

References

[1] https://en.wikipedia.org/wiki/Shared_services

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