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There are different ways to reduce costs and maximize efficiency within a large company. In opting for a Shared Services Center, a company takes the strategic decision to create an internal business - and manage it as such - to achieve those goals.
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Setting up a Shared Services Center means rethinking the ways individuals exchange information. It requires a strong security policy and well designed processes that go with the appropriate level of automation. But overall, running a Shared Services Center is about much more than just consolidating to gain efficiency. It is primarily about running a business.
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Shared Services Centers are challenging projects to implement. They are often associated with resistance and necessitate a change of mindset. But Shared Services Centers also represent opportunities to move an organization to another level and offers great alternatives to processes in place as long as some key principles are carefully followed. Here are some examples and words of wisdom for successful Shared Services Centers.
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The 2010 Global HR Transformation survey, now in its seventh year, examines trends in human resources (HR) transformation practices in organisations around the globe. It offers a view of market trends and changes in HR transformation, as well as a perspective on future plans.
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Stepping up to the plate (outsourcing HR) means agreeing on what processes and activities to keep in-house and what to reengineer and outsource. A structured business case is a must-have along with thoughtful governance that provides the how-to for the duration of the project and beyond.
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To forecast accurately your return on investment, it is critical to quantify and structure a future HR organization that will mirror your project’s business case. Technology must be chosen that will leverage what is outsourced and what is retained to create an efficient extended enterprise.
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Transitioning to your new organization can’t happen overnight. You need to adopt a methodology and address human and psychological factors in a positive way. Having a good understanding of what is happening on the service provider’s side is also critical to progress.
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In this sixth annual edition, the HRO Association examines trends in human resources transformation practices in organizations around the globe. The 2009 report provides insights into market trends and changes, particularly in light of the recent global economic situation, and offers perspective for the future plans.
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This white paper contains compelling arguments to aid in your decision to outsource payroll - and help you obtain the buy-in from management and employees. Inside you will also find tips to make this HR transformation a success. In today's environment, payroll outsourcing is the winning choice for HR managers and for the organization.
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