The time drivers and their impact on a GBS transition are:
- Project timeline: The project timeline is a critical time driver that can impact the success of a GBS transition. Delays in the project timeline can lead to increased costs, decreased productivity and potential disruptions to the business.
- Resource availability: The availability of resources, including personnel, technology, and funding, can impact the success of a GBS transition. Insufficient resources can lead to delays, decreased productivity and potential quality issues.
- Change management: Change management is a critical time driver that can impact the success of a GBS transition. Effective change management can help ensure that all stakeholders are informed and engaged, that potential roadblocks are identified and addressed, and that the transition is carried out smoothly and efficiently.
KPMG can assist your company in efficiently achieving its GBS transition target in several ways. These can shorten the project timeline and accelerate the transition process:
- Prioritize critical tasks: Identify the critical tasks that must be completed in order to achieve the project goals and prioritize them. This will help ensure that the most important tasks are completed first, thereby reducing the risk of delays.
- Streamline processes: Look for opportunities to streamline processes and eliminate unnecessary steps. This can help reduce the time required to complete tasks and accelerate the overall transition process.
- Increase resource allocation: Allocate additional resources, including personnel, technology, and funding to the project. This can lead to increased productivity and expediting the completion of tasks.
- Leverage technology: Use technology to automate tasks and increase efficiency. This strategy can reduce the time required to complete tasks and speed up the overall transition process.
Conclusion
For organizations considering a GBS transition, it is important to recognize the value of a structured and planned approach. By breaking the project down into manageable phases with clear activities and responsibilities, it becomes easier to identify and address potential roadblocks, ensure alignment across teams and departments, and ultimately achieve a successful outcome with a state of the art GBS center. KPMG is delighted to support your company in these challenges with our comprehensive knowledge and a global network of firms.