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shared service. In DICTIOUS you will not only get to know all the dictionary meanings for the word
shared service, but we will also tell you about its etymology, its characteristics and you will know how to say
shared service in singular and plural. Everything you need to know about the word
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English
Etymology
Attributed to Greg Hackett of The Hackett Group.
(This etymology is missing or incomplete. Please add to it, or discuss it at the Etymology scriptorium. Particularly: “Source for this?”)
Noun
shared service (plural shared services)
- (business) An internal business organization providing support services that are shared between multiple business units or functions.
- (business) A virtual or physical team whose process expertise is shared across multiple business units or functions (rather than duplicating staff in each business unit) to execute business processes, in a consistent manner, for optimal resource efficiency, cost and service performance.
References
- Bozynski, K., "Shared Services Strategy Communication Package", April 2007.