Shared services refers to 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 is the idea of 'sharing' within an organization or group.
Read more about Shared Services: Overview, Critics of Shared Services, Commercial Structures, Location Variations, Benchmarking and Measurement, In The Private Sector, In The Public Sector, New Trends
Famous quotes containing the words shared and/or services:
“Let us pardon him his hope of a vain apocalypse, and of a second coming in great triumph upon the clouds of heaven. Perhaps these were the errors of others rather than his own; and if it be true that he himself shared the general illusion, what matters it, since his dream rendered him strong against death, and sustained him in a struggle to which he might otherwise have been unequal?”
—Ernest Renan (1823–1892)
“I see this evident, that we willingly accord to piety only the services that flatter our passions.”
—Michel de Montaigne (1533–1592)