Shortcuts

JFolder wrote: "Can you make a shortcut to privacy settings/ location services on your home screen on iPhone 8?"

No:

Can Shortcuts change my system settings?

Shortcuts can modify your iOS device’s screen brightness and volume, as well as Airplane Mode, Wi-Fi, Bluetooth, Do Not Disturb, and Low Power Mode settings.

Shortcuts cannot change Personal Hotspot, VPN, or Location Services settings.

[Source: Shortcuts User Guide]

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Yes you can, I am saying this because there are plenty of default actions that can be used through Shortcuts.

Following are some of the default actions available. I am not sure what you are looking for

1. Filter Locations
2. Get Details of locations
3. Get Current Location
4. Get Travel Time
5. Show in Maps
6. Show Directions