{"id":2400,"date":"2015-11-19T22:55:02","date_gmt":"2015-11-19T22:55:02","guid":{"rendered":"https:\/\/www.peeriosity.com\/shared-services\/articles\/?p=2400"},"modified":"2022-08-04T10:47:50","modified_gmt":"2022-08-04T10:47:50","slug":"the-benefits-of-utilizing-global-process-owners-in-shared-services","status":"publish","type":"post","link":"https:\/\/www.peeriosity.com\/shared-services\/articles\/2015\/11\/the-benefits-of-utilizing-global-process-owners-in-shared-services\/","title":{"rendered":"The Benefits of Utilizing Global Process Owners in Shared Services"},"content":{"rendered":"

For companies operating in multiple geographies, effectively coordinating between Shared Service Centers can be a challenging exercise.\u00a0 With the traditional approach, where center organizations operate as independent pyramids that at a higher level all report to the same person, leveraging ideas and technologies between geographies is still often a failed effort, with more than enough challenges at each location to keep everyone busy. \u00a0Adding cross-regional complexity to a mix that often includes end-to-end processes, where the overall scope crosses functional boundaries, is all but impossible without defining a common owner. \u00a0\u00a0<\/span><\/p>\n

A recent PeercastTM<\/sup> in the Shared Services Leadership research area<\/a> featured a large global company discussing the benefits they have derived from implementing Global Process Owners in their Global Financial Shared Services organization.\u00a0\u00a0 For the featured company, Global Process Owners were key to delivering greater productivity results, with three types of value identified:<\/span><\/p>\n

Transform the Current Operating Model <\/span><\/strong><\/p>\n