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Sharing creates stability.(management strategies)

VERY FEW MANAGEMENT CONCEPTS are as attractive to executives and as threatening to the workforce as shared services.

Shared services refers to a management approach that applies common resources such as financial accounting, compliance services, information systems, and administrative support across organizational boundaries. In the past, many of these services were dedicated to individual business units. Each plant or division had its own controller and accounting staff and some may have had their own information systems.

Dedicated resources have become a luxury that no longer can be supported in a global competitive market. To reduce administrative costs, many ...

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