Business services cover a wide variety of areas that benefit businesses. They include administrative and financial support services across the enterprise, office facilities operation and maintenance, lease/sublease and property sales services, and security, background investigations, and more. These services can be performed in-person on-site at a client’s location or remotely via the Internet. Providing business services for companies helps them achieve a work-life balance.
In addition to providing comprehensive training and support services, MEDC’s business development managers coordinate and connect businesses with state services. The state’s SmartZone Network, for example, connects businesses with universities, research organizations, and corporations to create and support technology-based businesses. Other business services offered by MEDC include MMTC, which provides operational assessment and process improvement training, mentoring services, and website technical assistance.
Global Business Services (GBS) is an evolution of traditional Shared Services and Business Process Outsourcing. These services focus on enhancing processes, reducing costs, and supporting a digital strategy. They help companies navigate the Transformative Age, where exponential advances in technology and volatile market conditions are driving radical change for organizations of all sizes.
The business units of Procter & Gamble, for example, are led by business-unit leaders, who are responsible for marketing, product development, and advertising. In addition, business-unit leaders often have other responsibilities, such as IT support and accounting.