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Shared Services Center
A shared services center – a center for shared services in an organization – is the entity responsible for the execution and the handling of specific operational tasks, such as accounting, human resources, payroll, Information technology, IT, legal, Compliance (regulation), compliance, purchasing, security. The shared services center is often a spin-off of the corporate services to separate all operational types of tasks from the corporate headquarters, which has to focus on a leadership and corporate governance type of role. As shared services centers are often cost centers, they are quite cost, cost-sensitive also in terms of their headcount, labour costs and location selection criteria. Overview A shared service is an accountable entity within a multi-unit organization tasked with supplying the business unit, respective divisions and departments with specialized services (finance, human resources, HR transactions, IT services, facilities, logistics, sales transact ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telia By Augustas Didzgalvis , football stadium in Helsinki, Finland.
{{disambiguation, geo ...
Telia may refer to: * Telium, plural Telia, structure of the reproductive cycle of rusts (plant diseases) *Telia Company, Swedish telecommunications company **Telia Digital-tv, Swedish TV platform **Telia Lietuva, Lithuanian telecommunications company **Telia Norge, Norwegian telecommunications company **Telia Eesti, Estonian telecommunications company * Telia, India, village in India * Telia, Nepal, village in Nepal * Telia Challenge Waxholm, golf tournament *Telia 5G -areena Telia may refer to: * Telium, plural Telia, structure of the reproductive cycle of rusts (plant diseases) *Telia Company, Swedish telecommunications company ** Telia Digital-tv, Swedish TV platform **Telia Lietuva, Lithuanian telecommunications comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Services
Corporate services or business services are activities which combine or consolidate certain enterprise-wide needed support services, provided based on specialized knowledge, best practices, and technology to serve internal (and sometimes external) customers and business partners. The term corporate services providers (CSPs) is also used. Corporate Service Providers may work in a diverse set of fields such as finance, consulting, IT service management, advisory services, auditing and so forth. Typically the emphasis of the service agreement is on providing clients with an improved functional and experiential quality over time. In the United Kingdom, the public audit agencies produced a report in May 2007 called "Value for Money in public sector corporate services". This provides performance indicators in five categories: Finance, Human Resources, Information & Communication Technology, Procurement, and Estates Management. Examples of corporate services Business advisory servic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shared Services
Shared services is the provision of a service by one part of an organization or group where that service had previously been found in more than one part of the organization or group. Thus the funding and resourcing of the service is shared and the providing department effectively becomes an internal service provider. The key here is the idea of 'sharing' within an organization or group. This sharing needs to fundamentally include shared accountability of results by the unit from where the work is migrated to the provider. The provider, on the other hand, needs to ensure that the agreed results are delivered based on defined measures ( KPIs, cost, quality etc.). Overview Shared services is similar to collaboration that might take place between different organizations such as a Hospital Trust or a Police Force. For example, adjacent Trusts might decide to collaborate by merging their HR or IT functions. There are two arguments for sharing services: [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Outsourcing
Outsourcing is a business practice in which companies use external providers to carry out business processes that would otherwise be handled internally. Outsourcing sometimes involves transferring employees and assets from one firm to another. The term ''outsourcing'', which came from the phrase ''outside resourcing'', originated no later than 1981 at a time when industrial jobs in the United States were being moved overseas, contributing to the economic and cultural collapse of small, industrial towns. In some contexts, the term smartsourcing is also used. The concept, which ''The Economist'' says has "made its presence felt since the time of the Second World War", often involves the contracting out of a business process (e.g., payroll processing, claims processing), operational, and/or non-core functions, such as manufacturing, facility management, call center/call center support. The practice of handing over control of public services to private enterprises ( privatiz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Offshore Development Center
Offshore may refer to: Science and technology * Offshore (hydrocarbons) * Offshore construction, construction out at sea * Offshore drilling, discovery and development of oil and gas resources which lie underwater through drilling a well * Offshore hosting, server * Offshore wind power, wind power in a body of water * Offshore geotechnical engineering * Offshore aquaculture Arts, entertainment, and media * ''Offshore'' (novel), a 1979 British novel by Penelope Fitzgerald *The Offshore, an elite enclave of the chosen, in '' 3%'' * ''Offshore'' (album), a 2006 album by Indiana-based post-rock band Early Day Miners * "Offshore" (song), a 1996 song by British electronic dance music act Chicane Finance and law * Offshore bank, relates to the banking industry in offshore centers * Offshore company * Offshore financial centre, jurisdictions which transact financial business with non-residents * Offshore fund, collective investment in offshore centers * Offshore investment, re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Offshoring
Offshoring is the relocation of a business process from one country to another—typically an operational process, such as manufacturing, or supporting processes, such as accounting. Usually this refers to a company business, although state governments may also employ offshoring. More recently, technical and administrative services have been offshored. Offshoring neither implies nor precludes involving a different company to be responsible for a business process. Therefore, offshoring should not be confused with outsourcing which does imply one company relying on another. In practice, the concepts can be intertwined, i.e offshore outsourcing, and can be individually or jointly, partially or completely reversed, as described by terms such as reshoring, inshoring, and insourcing. In-house offshoring is when the offshored work is done by means of an internal (captive) delivery model. Imported services from subsidiaries or other closely related suppliers are included, whereas in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Double Marginalization
Double, The Double or Dubble may refer to: Mathematics and computing * Multiplication by 2 * Double precision, a floating-point representation of numbers that is typically 64 bits in length * A double number of the form x+yj, where j^2=+1 * A 2- tuple, or ordered list of two elements, commonly called an ordered pair, denoted (a,b) * Double (manifold), in topology Food and drink * A drink order of two shots of hard liquor in one glass * A "double decker", a hamburger with two patties in a single bun Games * Double, action in games whereby a competitor raises the stakes ** , in contract bridge ** Doubling cube, in backgammon ** Double, doubling a blackjack bet in a favorable situation ** Double, a bet offered by UK bookmakers which combines two selections * Double, villain in the video game '' Mega Man X4'' * A kart racing game '' Mario Kart: Double Dash'' * An arcade action game '' Double Dragon'' Sports * Double (association football), the act of a winning a divisio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hans Strikwerda
Johannes (Hans) Strikwerda (born 3 December 1952, Naaldwijk) is a Dutch organizational theorist, management consultant, and Professor of Business Administration at the University of Amsterdam, known for his work on implementation of shared services centers in the public sector,Minnaar, Reinald A., and Ed GJ Vosselman.Shared service centres and management control structure change: exploring the scope and limitations of a transaction cost economics approach" ''Journal of Accounting & Organizational Change'' 9.1 (2013): 74-98. and on the concept of multidimensional organizations. Biography Strikwerda obtained his BA in applied mathematics at the University of Groningen in 1976, and in 1979 his MBA at the Inter-Faculty of Business Administration in Delft, now Rotterdam School of Management. In 1994 he obtained his PhD from the University of Tilburg with the thesis, entitled "Organisatie-advisering, Wetenschap en Pragmatisme" (Organizational consulting: science and pragmatism)" under s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Service Level Agreement
A service-level agreement (SLA) is an agreement between a service provider and a customer. Particular aspects of the service – quality, availability, responsibilities – are agreed between the service provider and the service user. The most common component of an SLA is that the services should be provided to the customer as agreed upon in the contract. As an example, Internet service providers and telcos will commonly include service level agreements within the terms of their contracts with customers to define the level(s) of service being sold in plain language terms. In this case, the SLA will typically have a technical definition of '' mean time between failures'' (MTBF), '' mean time to repair'' or '' mean time to recovery'' (MTTR); identifying which party is responsible for reporting faults or paying fees; responsibility for various data rates; throughput; jitter; or similar measurable details. Overview A service-level agreement is an agreement between two or m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Logistics
Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the Consumption (economics), point of consumption according to the needs of customers. Logistics management is a component that holds the supply chain together. The resources managed in logistics may include tangible goods such as materials, equipment, and supplies, as well as food and other edible items. In military logistics, it is concerned with maintaining army supply lines with food, armaments, ammunition, and spare parts apart from the transportation of troops themselves. Meanwhile, civil logistics deals with acquiring, moving, and storing raw materials, semi-finished goods, and finished goods. For organisations that provide Waste collection, garbage collection, mail deliveries, Public utility, public utilities, and after-sales services, logistical problems must be addressed. Logistics deals with t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cost
Cost is the value of money that has been used up to produce something or deliver a service, and hence is not available for use anymore. In business, the cost may be one of acquisition, in which case the amount of money expended to acquire it is counted as cost. In this case, money is the input that is gone in order to acquire the thing. This acquisition cost may be the sum of the cost of production as incurred by the original producer, and further costs of transaction as incurred by the acquirer over and above the price paid to the producer. Usually, the price also includes a mark-up for profit over the cost of production. More generalized in the field of economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interac ..., cost is a metric that is totaling up as a result of a process ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Governance
Corporate governance refers to the mechanisms, processes, practices, and relations by which corporations are controlled and operated by their boards of directors, managers, shareholders, and stakeholders. Definitions "Corporate governance" may be defined, described or delineated in diverse ways, depending on the writer's purpose. Writers focused on a disciplinary interest or context (such as accounting, finance, corporate law law, or management) often adopt narrow definitions that appear purpose specific. Writers concerned with regulatory policy in relation to corporate governance practices often use broader structural descriptions. A broad (meta) definition that encompasses many adopted definitions is "Corporate governance describes the processes, structures, and mechanisms that influence the control and direction of corporations." This meta definition accommodates both the narrow definitions used in specific contexts and the broader descriptions that are often presented as au ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
