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The Rise of Global Business Services: The Future of Shared Services

Zinnov

” – Peter Drucker In the 1980s, Shared Service Centers (SSCs) and third-party Independent Software Vendors (ISVs) significantly changed how American organizations managed essential functions by providing access to global talent. This evolving landscape prompts a re-evaluation of how services can be optimally delivered.

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Innovative Strategies Driving Talent Sourcing and Acquisition in the Philippines

Everest Group

While this is a growing trend, alternative talent for most companies is typically less than 15% of the total workforce, especially for IT and niche skills Innovative talent sourcing and acquisition strategies The quest for the right skill sets and talent is driving organizations’ hiring decisions and motivating them to try new operating models.

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GAG Pooling: What Is It, Challenges, and Benefits

Planergy Software

The primary purpose of GAG pooling is to enable more strategic and flexible use of resources across a MAT. It can enhance purchasing power as larger orders or contracts may attract discounts, allow for flexibility in budget allocation based on specific needs, and even help struggling schools through financial difficulties.

Finance 52
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Virtual Assistants: Ideal for Small Businesses, But Are They Right for Your Growing Enterprise?

NoonDalton

Their rise to prominence in the business arena is a testament to their ability to streamline operations, offering much-needed support in administrative functions, customer service, and more. Their appeal lies in a blend of cost-effectiveness, flexibility, and the ability to handle a diverse range of tasks.

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Metaverse Trends that Can Redefine the Hybrid Work Model | Blog

Everest Group

Hybrid work environments – the answer to many of the issues of remote working experienced during the pandemic – have increasingly been adopted by global enterprises in all industries to offer work flexibility along with in-person collaboration employees desire. Metaverse advantages in a hybrid work model.

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Five Actions GBS Organizations Must Take to Address the Global Business Services Trends and Challenges of 2022 | Blog

Everest Group

But with the pressure to meet the needs of their employees, many are bending to incorporate the hybrid model to avoid risking losing talent to other more flexible organizations. Action #2 – Reset Expectations on Cost Arbitrage from the GBS Model. GBS leaders will need to rethink how best to control operating costs.