Global In-House Centres (GIC)
The traditional outsourcing model has developed over the last 10-15 years, with companies seeking more long-term control and synergies. Global In-House Centres (GIC’s), otherwise known as Global Capability Centres (GCC’s) and Captive’s, are one way firms have found beneficial for achieving real cost savings and grow expertise overseas.
The model is based on a partner (such as Seven Solutions) assisting with setting up the GIC and catering to their specific needs. Workflows and processes can be tailored to follow the parent company.
They are often established on a BOTT (Build, Operate, Transform, Transfer) basis, whereby the intention is to transfer the management, assets and any IP from the service provider to the company once the GIC is fully established and operative.
True Partnership
Working with Seven Solutions means you have a true extension to your business. We, along with our service providers are there to assist you in achieving your business goals, whilst also sharing responsibility over governance and management control.
Long term
GIC’s often develop into centres of excellence and innovation, given their commitment to mastering certain processes and skills. This in turn, results in employee loyalty.
Transparency
Complete transparency over margins and fees allows you to budget and forecast long-term savings. Management Information and reporting can be adapted to the needs of the parent organisation, highlighting areas for improvement in order to drive long-term operational efficiency.
Main Benefits
Integration
From day one, employees feel part of the parent organisation team, fostering collaboration and absorbing the company culture. This naturally boosts productivity.
Investment
If following a BOTT model, the parent companies investment is paid back by way of owning the assets once the handover takes place.
Control and Stability
By retaining control, the parent company is immune to certain market factors. Security controls and data protection are heightened, often following the parent company’s ways of working.