Making the Move to Shared Services
Federal CFO Insights
Government executives have long been faced with the challenge of doing more with less – providing essential citizen services in a fiscally responsible way. This imperative has come under even greater scrutiny in recent years, fueled by a growing national debt and budgetary debates that highlight the challenge of shrinking government spending while funding new or existing programs to meet public demand.
The Federal CIO, Steven VanRoekel, and the Office of Management and Budget have recently directed Federal agencies to shared services as a way to reduce spending on back office functions and administrative systems in order to free up personnel and other resources for mission-critical tasks. While some departments and agencies have embraced the move many Federal CFOs are still wondering whether shared services is the right destination.
The journey to shared services is not the same for every organization; however, defining the objectives and desired results (i.e. the “destination”) before embarking on the journey will ease the transition and minimize the chances of getting lost along the way.
Download the full Federal CFO Insights article to learn more.