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Parkinson’s Law and The Hidden Value of ERP

04/23/2012 at 3:45 pm

Cyril Northcote Parkinson was a British naval historian and author of numerous books (1). He developed a famous adage for a 1955 article in the magazine, The Economist: “Work expands so as to fill the time available for its completion,” which came to be known as Parkinson’s Law (2). While Parkinson’s original intent was to…

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Getting Unstuck from Your Legacy System

04/12/2012 at 11:33 am

Avoiding change may be an inherent characteristic of us all. While individuals may be creatures of habit, organizations large and small also cherish the status quo. Change can be as minor as a new printer or as significant as a site move. For most companies, implementing an ERP system is more like the latter than…

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Why Auditors Like Enterprise Resource Planning Systems – Part 1

04/02/2012 at 12:30 pm

Corporations serve a variety of constituents in our society. Not only are they accountable to their partners or stockholders, they are also accountable to outside stakeholders ranging in scope from an individual customer to the general public. A variety of third parties audit corporations to satisfy contractual or regulatory requirements and to provide objective reporting…

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A Number by Itself Doesn’t Tell the Whole Story

03/14/2012 at 8:00 am

If I told you that a small business had $2M in gross sales last month, what would your reaction be? That fact alone is not enough for an outsider to make any kind of judgment about how well that business is doing. Similarly, a number by itself cannot help business owners manage their organization more…

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The ABC’s of Performance Improvement Solutions ROI Calculations. TCO, TVO, and PMO. Got it? Good!

03/13/2012 at 6:21 am

In my previous posts, I wrote about how to calculate TCO , TVO and my love of the cartoon Penguins of Madagascar. Today, I am going to focus on one of my nemesis, instead of my loves. Project Management. Oh how you haunt me! The devil is in the details, and I am so not…

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A Step at a Time – And Not a Giant Leap

03/02/2012 at 12:00 pm

One of the most important variables affecting the potential success of an ERP implementation is the scope. When enterprises expect too much initial functionality, there are risks that the learning curve will be too steep, the conversion date will be delayed, and the cost will run over budget. Consequently, the initial experience with the ERP…

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Use enterprise resource planning to maintain financial information logs

03/02/2012 at 11:54 am

Most companies that might benefit from enterprise resource planning applications do so because they’re able to keep track of the parts of their businesses that are most pressing.