After its widespread adoption in the IT and finance sectors originating from the USA, the Shared Services concept is increasingly being applied in the human resources area, including in German-speaking countries. However, after an initial wave of enthusiasm, many companies are already disillusioned by the actual success effects of the concept. This book provides an overview of the current state of development, design options, and intra-organizational impact relationships of HR Shared Services, and offers insights into a value-oriented approach in the context of company-specific strategic frameworks, based on rich case studies.