SDL-VALUE & VALUE CO-CREATION Essay Example | Topics and Well Written Essays - 2250 words - 2

SDL-VALUE & VALUE CO-CREATION - Essay Example Shared services, on the other hand is defined by process ownership and partnering as key characteristics. The efficiency and productivity of doing business is entirely reliant on the kind and degree of elements of global business services and global shared services that might be employed within organizations. One fundamental aspect of Global Business Services is the 80/15/5 rule. According to this rule 80 percent of a business process can be standardized in accordance with global basis. The other 15 percent of the process can be standardized in line with regional structures. The remaining 5 of the process is then standardized on a localized scale. This aspect represents the sweeping scope of (GBS). Another defining aspect of GBS is the integrated suite which illustrates the component of inter-connectivity of systems that manifest within the substance of the GBS. The concept of inter-connectivity is, in fact, an important feature that distinguishes GBS from Global Shared Services. Another important feature of GBS is the virtual centers that act as the locale for expertise which aids in the task of the dissemination of the subject matter. What this implies is the fact that the sphere of operation of the GBS might not be physically verifiable but its effects are significant. Subsidiary aspects of GBS are numerous but are commonly centered on the global ownership of the process as the singular aspect of global control. In shared services, goals and accountabilities are distributed among business units and organizations that engage in the services. In this manner there is little chance for the occurrence of loss of control between the parent organizations from where the particular services originated. The concept of shared services is anchored on the giving out of some core functions by some services, which has always led to the misconception that