Study Group: Chief Financial Officers in the Travel Industry
Council Members in this Study Group: 16
This study group may include chief financial officers, chartered public accountants, controllers, and consultants knowledgeable on topics such as finance, taxation, auditing, forensic accounting and fraud, financial accounting and reporting, bankruptcy, pension benefits, cash flow, company valuation, working capital, hedge accounting, and mergers and acquisition, among others.
Contact Gerson Lehrman Group to survey or consult with members of this Study Group
Leading institutions connect with members of this Study Group through GLG
Leading Experts in this Study Group
Philip SearleFounder
Chazey Partners
Phil Searle is the Founder and Managing Director of Chazey Partners, which provides expert business advisory services in finance, shared services, outsourcing and technology. He is on the Ed Board for Shared Services News and is an Advisory Board Member...
GLG NewsSM Analyses by this Study Group's Leading Experts(?)
Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
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Sharing Services in the UK Public Sector
October 13, 2006
Analysis by: Philip Searle, Founder,Public sector could save billions through shared services | www.theregister.co.uk
The linked Article was posted by eGov monitor Weekly in December of last year. It highlights research that has suggested that the Public Sector in the UK could save up to £40bn over the next decade by sharing services across public sector human resources and finance functions.
The BuyIT Best Practice Network has been working with the government on take-up of shared services and calculates that government finance and HR services alone cost £9bn a year more than is necessary, which it says is the equivalent of 15 new hospitals, 200 miles of motorway, 30 new secondary and 50 primary schools each year.
Shared services in the public sector is a hot topic right now. Central government has been pushing it as a way to improve services and significantly reduce costs. But how relevant is shared services to the Public Sector and how does it differ, if at all, from shared services in the Private Sector. And what exactly does "sharing of services" mean, and how is this related to the need to "collaborate"? The commentary below aims to cover this and more. -
What exactly is Shared Services and how best to ensure success?
October 13, 2006
Analysis by: Philip Searle, Founder,Enterprise Wide Control Environment - Shared Services | www.the-financedirector.com
This article aims to provide some useful guidance on some of the best practices in shared services. It aims to cover some of the more significant areas that finance executives might want to consider when embarking on, or moving further down the path of, shared services.
"Shared services" has often been misunderstood and sometimes poorly implemented. The scope has also often been very limited, which has limited the value that can accrue to an organization from successful Shared Services and Technology implementations.
This Article defines shared services and talks about the possibilities and some of the best practices to follow to ensure success.
Members in this Study Group include these company types:
- Independent Consulting Firm
- Travel Agents
- Property Management
- For-Profit Independent Hospital
- Machine Tools Manufacturer (ei)
- Online Travel
- Consulting Firm
- Seed Producer (ei)
- Tier 1 Automotive Supplier
Members in this Study Group often have these job titles:
- Chief Financial Officer
- Director
- Owner
- Controller
- President
- Project Manager