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A Sustainable Approach to Transition Projects – Change Management

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Finance Bundling and Finance Transformation

Abstract

Over the last decade, the financial organization of Siemens has changed significantly. Following a classic bundling approach and in order to achieve economies of scale, Siemens entities all over the world started to consolidate highly repeatable, transaction-heavy accounting and finance work to an internal organization, called Global Shared Services (GSS). From these beginnings, GSS has not stopped on its path of transformation and the GSS of today barely resembles the organization of one decade ago.

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References

  • CECIL, B./WILLIAMS, L. (2011): Up then Out? Shared Services Strategies that Help Promote Best Practice, Bangalore (India) 2011.

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  • DELOITTE DEVELOPMENT LLC (2009): Taking Shared Services to the Next Level – Towards a Portfolio Approach for Shared Services Optimization, 2009.

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  • KOTTER, J. P. (1996): Leading Change, Boston (MA) 1996.

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  • KULHALLI, S. (2010): A Structured Approach to Establishing Shared Services, Bangalore (India) 2010.

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  • SIEMENS GLOBAL SHARED SERVICES (2011a): Change Management Guideline, published internally, Munich 2011.

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  • SIEMENS GLOBAL SHARED SERVICES (2011b): Finance Bundling @ GSS Project Handbook (2011), Version 5.0, Munich 2011.

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Correspondence to Vanessa Egli .

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© 2013 Springer Fachmedien Wiesbaden

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Egli, V. (2013). A Sustainable Approach to Transition Projects – Change Management. In: Keuper, F., Lueg, KE. (eds) Finance Bundling and Finance Transformation. Springer Gabler, Wiesbaden. https://doi.org/10.1007/978-3-658-00373-9_21

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  • DOI: https://doi.org/10.1007/978-3-658-00373-9_21

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  • Publisher Name: Springer Gabler, Wiesbaden

  • Print ISBN: 978-3-658-00372-2

  • Online ISBN: 978-3-658-00373-9

  • eBook Packages: Business and EconomicsEconomics and Finance (R0)

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