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VIRGINIA COMMUNITY COLLEGE SYSTEM Shared Services Center Governance Charter1 Purpose The purpose of this charter is to define the membership, roles, responsibilities, and administrative guidelines

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How to fill out shared services center governance

01

Step 1: Determine the scope and objectives of the shared services center.

02

Step 2: Identify the key stakeholders and decision-makers involved in the governance process.

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Step 3: Define the roles, responsibilities, and accountabilities of each stakeholder.

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Step 4: Establish a governance framework or structure that outlines the decision-making process and communication channels.

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Step 5: Develop and document policies, procedures, and guidelines for the operational activities of the shared services center.

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Step 6: Implement regular monitoring and reporting mechanisms to track the performance and compliance of the center.

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Step 7: Conduct periodic reviews and assessments to ensure continuous improvement and alignment with organizational goals.

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Step 8: Foster a culture of collaboration, transparency, and accountability among the governance stakeholders.

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Step 9: Adapt and modify the governance framework as needed based on changing business requirements and feedback from stakeholders.

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Step 10: Regularly communicate and engage with all stakeholders to maintain their involvement and support in the governance process.

Who needs shared services center governance?

01

Organizations that have implemented or are planning to implement a shared services center.

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Business units or departments within an organization that will be utilizing the shared services center.

03

Key decision-makers and executives involved in the oversight and strategic direction of the shared services center.

04

Any stakeholders who have a vested interest in ensuring the effective and efficient operation of the shared services center.

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What is shared services center governance?

Shared services center governance refers to the framework, policies, and procedures that govern the operations and management of a shared services center.

Who is required to file shared services center governance?

Companies or organizations that operate a shared services center are required to file shared services center governance.

How to fill out shared services center governance?

Shared services center governance can be filled out by documenting the operational processes, controls, and key performance indicators of the shared services center.

What is the purpose of shared services center governance?

The purpose of shared services center governance is to ensure efficient and effective operations, compliance with regulations, and alignment with organizational goals.

What information must be reported on shared services center governance?

Shared services center governance typically includes information on organizational structure, roles and responsibilities, service level agreements, and risk management processes.

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