Business Model Transformation
You have the vision for your business, but do you have the structure to bring it to life? Business Model Transformation helps drive the business and operating model changes required to achieve an organization’s strategic vision. Deloitte's Business Model Transformation consultants are ready to help you capture new growth opportunities, reduce costs, improve efficiencies, and stay ahead of consumer preferences. Across a broad range of specialties — enterprise model design, global business services, outsourcing, cost transformation, real estate, and location strategy — we help organizations set and execute their strategic vision and dramatically improve business performance.
In this article, we will discuss how finance can support the growth of shared services in what traditionally have been considered risky markets, what the road map entails, and whether the benefits are worth the journey. In addition, we will ask if such standardization allows for enhanced capacity to respond to growth opportunities in those markets.
Organizations are increasingly expanding their shared services organizations, demonstrating benefits to the broader enterprise and overall success, according to the latest global survey from Deloitte. Companies are pursuing multi-function shared services centers (SSCs) from the beginning of their journey, many skipping single-function centers altogether. In fact, survey respondents reported that SSCs with more than three functions have increased by more than 40 percent over the last two years, based on a total of more than 1,000 SSCs across all respondents. Additionally, 71 percent of respondents are looking to increase the number of functions within their SSCs in the future.