Technology @ Knowledge Zone



Shared Service Strategy

by Narendar Lokwani *

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Part - XI



Implementation Roadmap

Key lessons from Implementation of Shared Service Strategy are summed in the points below: -

  • All locations need to be involved in the process of developing and implementing a Shared Service Center.

  • Determine what functions to be handled at the local level, early enough in the process.

  • Buy-in from each individual location and top management at the center.

Shared Service Strategy, if carefully executed, becomes a killer cost cutting tool in hands of business management to enhance their competitiveness in the tough times ahead.

Concluded.


* Contributed by -
Narendar Lokwani,
II Year, PGSM,
IIM Bangalore,
Pre-Sales and Mktg Team, Aditi Technologies.


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