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Corporate Functions

Corporate and business functions—such as finance, human resources, IT, procurement, legal, and facilities management—represent a significant investment for companies and are essential to almost every organization.

But in an environment of increased globalization, technology disruption, and cost pressures, they also represent an enormous opportunity. Our experience is that the best companies invest in developing these functions to play an increasingly strategic role.

Related insights

Article - McKinsey Quarterly

Can you achieve and sustain G&A cost reductions?

– Yes, but not by playing it safe. Set big goals, insist on a cultural shift, and model from the top.
Article - McKinsey Quarterly

Maximizing the value of G&A

– Reductions in general and administrative expenses flow right to the bottom line, but slash the wrong areas and you’ll get... burned. We suggest a more strategic approach.

How shared-services organizations can prepare for a digital future

– To complement their efforts to build innovative customer experiences, companies should consider ways to digitize back-office functions... and optimize company performance.