shared service
(Redirected from Shared Service)
English
editEtymology
editAttributed to Greg Hackett of The Hackett Group. (This etymology is missing or incomplete. Please add to it, or discuss it at the Etymology scriptorium. Particularly: “Source for this?”)
Noun
editshared service (plural shared services)
- (business) An internal business organization providing support services that are shared between multiple business units or functions.
- (business) A virtual or physical team whose process expertise is shared across multiple business units or functions (rather than duplicating staff in each business unit) to execute business processes, in a consistent manner, for optimal resource efficiency, cost and service performance.
References
edit- Bozynski, K., "Shared Services Strategy Communication Package", April 2007.