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A growing number of organizations are realizing the value of shared ownership among traditionally siloed departments. The improved business strategy and results impress stakeholder and shareholder alike. As such, CEOs are challenging leadership to implement shared ownership within their organization.
Successful CxOs from these enabling business functions (IT, HR, and Finance, etc.) find themselves wondering how to best accomplish this transition. Luckily, there is a solution. The presence and support of a company’s Business Relationship Management (BRM) team is the key to success.
Leveraging the BRM team to move through these four, overarching steps, will help organizations make the change:
- Setting the goal of becoming a strategic partner
- Defining the “how”
- Mapping out the journey
- Continuous execution