Professional service companies can be successful as either shared services or shared vision firms, although there are limitations on shared services firms.Your question may be, "What is the difference?" Conducting an honest assessment of your firm is the first step that should be taken. Next, develop a strategic plan. Shared services firms can grow and prosper financially, while shared vision firms can provide more than just financial results. Shared vision firms can also provide exponential growth, as well as a differentiating culture where individuals are rewarded for their significance in support of the firm's strategic objectives. Shared vision provides direction, growth and integration with personal goals and a differentiating culture.
The following questions will assist you in determining where your firm is today. Shared services firms are limited to incremental improvement and growth, while shared vision firms can achieve firm improvement, exponential growth and a differentiating culture.
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