What's Happening?
Filinvest Business Services Corporation (FBSC), a shared services group of Filinvest, has been recognized at the Asian Management Excellence Awards 2026. The corporation won the Philippines Team of the Year - Business Services and the Philippines Executive of the Year - Business Services, awarded to its head, Perdasille Carlos-Mesina. FBSC achieved significant improvements in efficiency and governance by integrating shared services across multiple units of Filinvest. The corporation's rapid integration and operational excellence were achieved within nine months, a feat typically taking three to five years. This was driven by a strong commitment to building a high-performing shared services organization, consolidating over 400 employees into
a unified structure, and implementing innovative operational practices.
Why It's Important?
The recognition of FBSC highlights the growing importance of shared services in enhancing operational efficiency and governance within large conglomerates. By achieving these milestones rapidly, FBSC sets a benchmark for other organizations aiming to streamline operations and improve service delivery. The awards underscore the potential for shared services to drive significant cost savings and efficiency gains, which can be critical for businesses looking to remain competitive in a global market. The success of FBSC also demonstrates the value of strong leadership and innovative practices in achieving organizational goals.
What's Next?
FBSC's achievements may encourage other companies to adopt similar shared services models to enhance their operational efficiency. The corporation's focus on continuous improvement and capability building suggests ongoing efforts to refine and expand its services. As FBSC continues to innovate and integrate new technologies, it may further solidify its position as a leader in shared services, potentially influencing industry standards and practices.
