CIMA, The Hackett Group Launch Advanced Diploma in Global Business Services

The Chartered Institute of Management Accountants (CIMA) and The Hackett Group, Inc. have launched the Advanced Diploma in Global Business Services (GBS). This is the second offering in their Certified GBS Professionals (CGBSP) program, a comprehensive career development system for the GBS and Shared Services sector from CIMA and The Hackett Group.

The Advanced Diploma in GBS (ADGBS) is designed for current GBS leaders and members of a GBS organization's senior management team. It is also relevant for senior executives who manage or work with GBS organizations, leadership at business process outsourcing companies, and others.

The ADGBS is the highest qualification offered under the CGBSP program and is designed to complement the other two certifications. The Certificate in GBS, which was launched last September, is designed for entry-level associates performing transactional or knowledge-based work.

The Diploma in GBS, which will be launched this summer, is oriented towards mid-level managers or people preparing for the role of manager.

Each level of certification is driven by a comprehensive syllabus that teaches the skills and competencies required by employers to achieve the highest standards of excellence. At the foundation of the course materials are The Hackett Group's extensive knowledge of GBS and functional best practices, based on its benchmarking, advisory, and transformation work with top global companies, combined with CIMA's intellectual content and long-term education expertise.

The certification programs are self-paced online learning tools that employees can complete over three to four months. Computer-based objective test exams are available in over 5,500 centers worldwide and are professionally invigilated to ensure the robustness of the assessment.

Participants in these programs also have access to an online knowledge center, offering access to material such as case studies, frameworks, and performance metrics from The Hackett Group, CIMA, and other organizations.

The knowledge center is designed to support participants through exams and life-long learning, with additional material unlocked as individuals complete certification at each level.

Self-assessment tool

A new self-assessment tool has also been launched in support of the Certified GBS Professionals program. The tool, which is available here, is designed to help organizations and professionals determine which of the certification programs is best suited to their needs.

"With this second offering in our Certified GBS Professionals program, we've chosen to address the needs of senior managers and leaders in GBS, largely in response to demand from the companies we're already working with," said Sean Kracklauer, Principal-in-Charge, Global Executive Advisory and Research for The Hackett Group.

"We've designed this entire program to suit the full range of GBS professionals, complementing their functional training whether it's in finance, IT, procurement, human resources, or another area. It's a unique offering that combines CIMA's training expertise with the empirically-proven best practices and intellectual property only The Hackett Group can provide. The combination of training, testing, accreditation, and a knowledge centre to help staff keep up with new developments and trends is unique and fills an unmet need across the GBS organizations we work with."

Dr. Noel Tagoe, Executive Director of CIMA Education, said "The ADGBS is an important step in our partnership with The Hackett Group. This brand new course and qualification fills a significant gap in GBS talent management and by using the latest technology absolutely fits the requirements of today's executives. Our Advanced Diploma will further help GBS organizations, their employees and suppliers to gain the right competencies and insight in order to reach their full potential."

The Hackett Group's research shows that world-class GBS organizations offer managers and staff nearly three times the training hours of typical companies. Professionals are offered nearly twice the training hours.

Better talent management also drives an array of bottom-line benefits, including nearly 50 percent higher return on equity and higher net profit margins and EBITDA.

The research also shows that the GBS evolution is accelerating. The Hackett Group estimates that there are now over 6,000 GBS centers globally, with a total staff of more than 4.5 million. Nearly three quarters of all GBS organizations have moved beyond single-function centers, to establish multi-function centers.

But less than 10 percent of all GBS organizations have completed the evolution to create fully integrated services environments with an end-to-end process orientation and a comprehensive service catalogue.

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