Hackett: HRO Today, ''A Business Case for Shared Services''
April 27 2007 - 7:24AM
Business Wire
If world-class is what you aspire to for your HR organization, then
discard any conventional wisdom about shared services �
increasingly the precursor to full-blown HR outsourcing. That�s
because companies too often lump centralized services in with
shared services�a mistake that leads to missed opportunities to
generate greater savings and happier employees at the same time.
The Hackett Group recently found that properly implemented shared
services can reduce HR process costs by up to 80 percent while also
boosting satisfaction, productivity, and quality of service. The
Atlanta-based corporate benchmarking firm also concluded in its
running survey of world-class organization that their HR spend is
13 percent lower and their HR-to-staff ratio is 15 percent smaller
than others. Click Here to Link to Full Text of Article or visit
the following URL: http://www.hrotoday.com/Magazine.asp?artID=1624
For more information on the Hackett research described in this
press coverage, visit: http://www.thehackettgroup.com/news For more
press coverage of Hackett�s research and insights in leading
business and trade publications, visit:
http://www.thehackettgroup.com/press/ About The Hackett Group The
Hackett Group (www.TheHackettGroup.com), a strategic advisory firm
and an Answerthink company (NASDAQ: ANSR), is a global leader in
best practice research, benchmarking and business transformation
services that enable world-class performance across selling,
general & administrative (SG&A) and supply chain
activities. Hackett provides strategic insight, best practice
advice and implementation services grounded in performance metrics
obtained through 14 years and 3,500 benchmark studies. Through the
acquisition of REL Consultancy Group, the world�s largest firm
dedicated to generating cash improvement from working capital and
operations, The Hackett Group has deepened its advisory
capabilities in the area of working capital optimization. For more
than 30 years, Hackett-REL Total Working Capital advisors have
helped clients in over 60 countries liberate billions of dollars in
working capital ($25 billion in the last ten years alone), creating
the financial freedom to fund their strategic objectives including
acquisitions, product development, debt reduction and share
buy-back programs. Executives use Hackett�s unique,
empirically-based approach to prioritize initiatives, execute
faster, reduce risk and deliver sustainable results. Our clients
comprise 97 percent of the Dow Jones Industrials, 77 percent of the
Fortune 100 and 50 percent of the FTSE 100.
Answerthink (NASDAQ:ANSR)
Historical Stock Chart
From Jul 2024 to Aug 2024
Answerthink (NASDAQ:ANSR)
Historical Stock Chart
From Aug 2023 to Aug 2024