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The Russian military action in Ukraine has already significantly impacted thousands of services jobs in this region, but the potential reverberations to nearshore European countries and the larger globalservices industry could be far more damaging – making it essential to integrate geopolitical riskmanagement in your decision-making now.
GlobalBusinessServices (GBS) organizations have a big opportunity to champion Environment, Social, and Governance (ESG) in banking and financial services (BFS) institutions. ESG is creating new opportunities for BFS GlobalBusinessServices organizations.
These topics apply to many areas within the organization, from front office and globalbusinessservices (GBS) to compliance and riskmanagement. Answer these critical transformation questions Consider the following questions whether you are on a transformation journey or planning to embark on one.
But it was surprisingly absent from procurement’s list of top priorities for 2023, in part because executives view talent management as a relatively mature capability. Procurement organizations will also need to find ways to do more with less in 2023, according to the research. About The Hackett Group The Hackett Group, Inc.
Other critical development areas include category management, sustainable procurement, third-party riskmanagement and supplier relationship management. Data analytics was one of several improvement initiatives deemed to be of high importance but low maturity, making it a critical development area.
The 2024 Digital Award winners and their win categories are: 3M (Order-to-Cash), MTN Group (Source-to-Purchase), IBM (Plan-to-Results), CMA CGM (Market-to-Opportunity), Johnson & Johnson (J&J) (GlobalBusinessServices – Service Desk), Intermountain Health (Talent Acquisition), WNS (Talent Management), and Micron Technology, Inc.
In today’s fast-evolving business landscape, the integration of Environmental, Social, and Governance (ESG) principles into corporate strategies is not just a trend but a fundamental shift in how businesses operate and thrive. The business benefits of Impact Sourcing extend far beyond the realm of social responsibility.
For example, 68% of organizations currently have self-service portals or networks deployed, with an expected increase of 21% during 2021. The coronavirus outbreak and its impact on supply riskmanagement lent new urgency to improving procurement’s data management practices. Data and analytics.
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