Shared Services is a business model where multiple departments or organizations consolidate their support functions, such as human resources, finance, or IT, into a single unit. This approach aims to improve efficiency, reduce costs, and enhance service quality by standardizing processes and leveraging economies of scale. By pooling resources and expertise, Shared Services allows organizations to focus on their core activities while benefiting from specialized support. This model can be applied in various sectors, including government, healthcare, and education, helping to streamline operations and improve overall performance.