STRATEGY POLICY INVENTORY DATA
SYSTEM PROCESS
CONTROL SUSTAIN
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authority to take corrective action when issues arise. According to BPM Leader,
the critical characteristics of successful BPOs are:
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Without such champions to sustain the new processes and controls over the long
haul, organizations risk sub- optimizing the benefits that can result from all the
work that went into achieving compliance.
Maintaining compliance can lead to improved business
performance and reduced costs
Once the right leaders are in place, organizations are set to treat the new
compliance process as a sustainable strategic asset. Install methods to monitor
compliance to the new controls, assess progress and be willing to adjust course.
As PWC outlines, once companies have standardized their leasing processes
by incorporating the necessary controls, implementing regular portfolio analysis
reports "can help companies identify trends in their leasing behavior they may
wish to continue, adjust, or terminate."
PwC recommends companies "consider performing periodic lease portfolio
trend analyses to evaluate both positive- and negative- impact decisions so they
can make timely leasing- strategy and leasing-process improvements." Potential
areas of impact include lease-versus-buy decisions and vendor consolidation,
where better information leads to easier economic decisions, thus reducing costs
of the leasing portfolio.
ROAD TO LEASE COMPLIANCE
|
SUSTAIN
SUSTAIN
Experience managing several teams of senior level resources, usually
leading a line of business or a major functional organization
Deep knowledge of the company's culture, business practices, and
long-term business strategy
Strong process background
"Soft power" within the organization (ability to influence and implement
change outside his/her reporting structure)
Vested interest in the success of the process
