shared services center: definition
A shared services center (SSC) centralizes all the administrative and operational functions of several entities within a single organization, to improve overall efficiency and performance. While setting up a CSP is a promising business strategy for companies, putting it into practice is no less complex. This type of project, with its multiple stakes, requires the intervention of an expert capable of combining a strategic vision with a pragmatic approach to decision-making.
Why adopt a Shared Services Center model?
The adoption of a Shared Service Center (SSC) model meets several key challenges for Middle Eastern companies seeking optimization and performance.
- 1
Cost reduction: the CSP enables economies of scale by pooling resources and processes. Centralizing support functions helps rationalize expenditure and eliminate duplication.
- 2
Standardization of practices: by centralizing services, it is easier to implement common standards and procedures, helping to guarantee the quality and consistency of the services provided.
- 3
Freeing up resources: CSP frees up human and financial resources that can be reallocated to the company’s core business activities. This allows us to focus on creating value and improving competitiveness.
- 4
Greater flexibility: a well-designed CSP can adapt more easily to organizational changes, enabling a more agile allocation of resources according to fluctuating business needs.
- 5
Enhanced physical security: the CSP enables back office activities to be centralized in more secure areas.
- 6
Accelerate digitalization: processes are standardized and organized, making it easier to implement new technological tools.
Shared service centers: how to make a successful transition?
Essential preparatory work
Before launching the project, it is important to carry out an in-depth study to assess the feasibility and potential benefits of CSP. The study must also identify potential risks and challenges, as well as solutions for mitigating them.
Mobilize teams and obtain management support
Involve all employees from the outset, especially senior management, to ensure buy-in and give the project the necessary impetus.
Follow a rigorous methodology
Follow the usual stages of a transformation project, from feasibility study to detailed design, implementation, transition and stabilization.
Recruiting talent
Schedule this step at the right time to avoid boredom or early disengagement of employees, while ensuring a smooth operational changeover.
Talent development
Don’t neglect the training and ongoing development of talent once the CSP has been deployed, by considering techniques such as talent mapping, talent management, training plans, internal rotations and flexible working conditions.
Calling on an interim manager to set up an SSC
Interim managers are specially trained to manage complex transformation projects. They contribute their expertise and leadership to identify potential challenges, develop appropriate solutions and mobilize teams around this common goal.
By working with an interim management firm like FAITHFUL EXECUTIVE, companies can overcome the challenges of organizational transformation and achieve their goals more quickly and efficiently.
The advantages of working with an interim manager
An interim manager allows you to benefit from :
- An expert to guide you: his experience enables him to anticipate difficulties, propose pragmatic solutions and effectively manage the project.
- An objective outside view: the interim manager acts as an independent player, giving him an objective view of the project and enabling him to make the necessary decisions with complete impartiality.
- Saving time and efficiency : using an interim manager allows the company to concentrate on its core activities, saving precious time.
FAITHFUL EXECUTIVE: your expert partner for setting up your shared services center.
The process for a successful transition to a CSP
FAQ
Contact us
Would you like more information, to make an appointment or tell us about a project? The FAITHFUL EXECUTIVE team is at your disposal to answer your questions as quickly as possible.
Opening hours
Open Monday to Saturday / 8h00-20h00
Address
Dubai, United Arab Emirates