Digital – is your business a disruptor or disrupted? What does it all mean, and how can Digital help? We break it down from the Digital Forces, Digital Strategy, Digital Foundation, Digital Optimization to Digital Transformation for you here. The Digital Forces Technology hype aside, value is created when the Digital Forces are leveraged, connecting […]
While outcomes for large change and transformation projects are improving, much more needs to be done. A recent KPMG Project Management Survey report noted that less than 35% of organizations will deliver projects on time, on budget and with desired outcomes. Not only a troublesome forecast, it confirms what we hear from clients and executives […]
Change and transformations journey starts with Purpose, the 1st of the 5Ps, and just maybe the most important one. Purpose clarifies the “What” and “Why”, the reasons for change and the organizations intent. This seems so simple, yet it’s very important towards driving successful outcomes. Purpose conveyed well solicits emotional buy in and support with […]
People, the most important asset and foundation of all companies. People are your employees, customers, partners, shareowners and community that make up the heart of your culture. It is people that are change and transformations biggest keys to success. It’s your people that lead change and transform, and it’s your people that are the most […]
Rethinking process can dramatically transform and change how a business operates and performs. It’s also where the hard work should happen to realize meaningful business outcomes. This can be accomplished by understanding current state processes, outline opportunities to improve and defining new future state processes that transforms and changes the business in a manner that […]
Platforms are Process’s enablers. More than just software applications, platforms sit behind every major process and business function that runs a company. New Platforms are often touted by software companies and consulting firms as the cure all to drive change and transformation. New is necessary at times, but don’t rule out your legacy Platforms already […]
Project is how change and transformation is executed across the business, encompassing the execution disciplines required for Purpose’s intent to be realized. At the onset, assign an executive sponsor to champion the project. This should be someone close to the business issues that also benefits from a successful outcome. The sponsor provides the business rational, […]
By Joseph Clancey, Product Marketing SpecialistWednesday, April 7, 2021 Companies that work on long-term projects, or bill customers at regular intervalsbased on contracts in place, frequently receive payment before the entire projectis complete or the service delivered. Under U.S. generally accepted accountingprincipals (GAAP) and international accounting standards, a business can'trecognize that revenue until it delivers […]
This is a great read from Oracle NetSuite on how to Measure Professional Services Business
The real value of IT is often overlooked and seldom leveraged. Let me explain. We have all heard the mantra - People, Process, and Technology. All industries, all companies require these pillars to deliver products and services to market successfully. Taken together, they are the bedrock of any business. The Backdrop But if you look […]
Lewis Carrol coined the phrase, “If you don’t know where you are going, any road will take you there.” In today’s agile business world and rapidly changing markets, that is a recipe for trouble. Businesses need to be planful to stay in the race and get ahead. And for that, an agile strategy process is […]
Companies of all sizes struggled with the changes brought on by Covid-19. The lockdowns caused by the pandemic created pressure that exacerbated problems that, for some companies, had lingered for many years. One of those issues was whether they should upgrade or replace their ERP solution. Lack of access to crucial information, the inability to […]