FreeBalance presentation: Seizing the Shared Services Opportunity: Speed to savings

Post on 28-Nov-2014

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Canadians are concerned about the mandate and promise of the shared services initiative. The initiative is unquestionably important. But can Canada avoid the pitfalls that have derailed similar initiatives in governments around the world to realize the full potential that shared services offers? Are there approaches that reduce the inherent risks and provide faster speed to savings? Did you know that FreeBalance is providing whole-of-government shared services around the world?During fmi*igf PD Week in Ottawa on Tuesday November 22, Doug Hadden VP Products at FreeBalance delivered 'Seizing the Shared Services Opportunity'. Here's the overview:“The mandate of shared services is to streamline information technology costs and provide hundreds of millions of dollars in savings on an annual basis. Many experts and government officials suggest it will take many years to provide any savings, and even more time to generate the type of savings that forms the mission of Shared Services Canada. The Seizing the Shared Services Opportunity presentation details a risk-averse approach to shared services that provides an acceleration of speed to savings.”

Transcript of FreeBalance presentation: Seizing the Shared Services Opportunity: Speed to savings

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20th Century Solutions to 21st

Century Problem?

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accountability

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Data centre

Middle ware

Office apps

GRP

value

visibility

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1111

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“best practices”

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the consultant said…

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1. save money

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2. economies of scale

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3. transform government

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common sense

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value for money

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1. operational

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2. budget

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3. on-time

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4. benefits

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5. adaptability

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risk-based

approach

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Study Says

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“great idea, hard to do”

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sorry

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the reports of the

death of IT Shared

Services has been

greatly exaggerated

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complexity

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directions

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1. success

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success rates

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5 Year TCO

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case study on 2) cost, 3) timeliness,

4) benefits

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€ 1,100,000,000

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Chorus

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5. adaptability

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customization

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How to not achieve speed to

savings

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RUST

4343

1983

ABAP

thrilled…cell phones IBM XT

Atari last M*A*S*H

episode

Word 1.0

1991

PL/SQL

moderncell phones… PS2

everyone had… scared byBerners-Lee…

Windows 95

1995

PeopletoolsPeoplecode

SQRApplication Designer

Navigator

wireless Dow Jones 5K

to infinity

2009

FreeBalance

Accountability Platform

iPhone 3GS Avatar

Windows 7 torch in Ottawa

netbooks

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rust vs. agility

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DESIGN

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cloud?

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cloud!

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let’s call a square peg a square peg

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standardization

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= one size?

Where Standardize?

Homogenize?

your processes

standard processes

diminishing returns

+

-

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differences

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gaps

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inefficiencies

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migration

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How do you achieve speed to

savings?

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SECRET:

FreeBalance software, version 7 was completely

re-invented for Shared Services and the entire

scope of Public Financial Management

1. Multiple Configurations

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achieve data centre consolidation

quickly

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2. Compliant Configurations

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support efficiency: no diminishing

returns

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3. Staged Migrationyour processes

compliant process

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reduce business process re-

engineering delays

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4. Entire Scope

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increase the scope of

standardization

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5. Continuously Adapt

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retain agility to change

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+ reduce risk

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Version 7 sectionpremise

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the power of re-invention

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• re-wrote software from

scratch to gain technical

competitive advantage

• re-designed business

processes to be more

successful in public

sector

• re-visioned with strong

ethical framework

FreeBalance “re-invention”

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