by   |    |   3 minutes  |  in Business Technology, Strategy

…selecting and implementing enterprise software would be a lot easier. Sure, you would still need to ensure that whatever enterprise resource planning (ERP) or enterprise asset management (EAM) software you select would meet your immediate functional needs. But enterprise software tends to stay in place for a decade or more. Over that time, a lot…

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by   |    |   4 minutes  |  in Creativity & Innovation, Strategy

There are some specific pitfalls and dangers involved with this strategy that need to be carefully addressed before you take the decision to implement a global single-instance ERP system. IFS Applications was born in Sweden, a small country in northern Europe with a tiny population of 9 million people. It didn’t take long before we had…

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by   |    |   4 minutes  |  in Business Technology, Strategy

In a previous post on the importance of operational knowledge to business agility, we use a colorful analogy make clear that if you can’t see what is happening in real time, you cannot adjust to change as it unfolds. No Single Individual Stands Out Like The Greatest Perhaps the best agility lessons come from the world of sports,…

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by   |    |   4 minutes  |  in Manufacturing, Process Manufacturing, Strategy

Corporate Social Responsibility (CSR) is a broad concept that describes a corporate initiative to assess and take responsibility for a company’s effects on the environment and impact on social welfare that generally goes beyond what may be required by regulators or environmental protection groups. Generally, CSR isn’t about an immediate financial benefit to the company,…

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by   |    |   3 minutes  |  in Business Technology, Strategy

Next time you make this mistake, consider it as a lesson in business agility. It is dark in the house, and for whatever reason, you are stumbling around in your sock feet. Maybe the dog was barking at something, or perhaps the slice of key lime pie in the refrigerator was making altogether too much…

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by   |    |   3 minutes  |  in Automotive, Business Technology, Strategy

After suffering for years during and through the aftermath of the global financial crisis, the automotive industry is on a growth track, with 3 percent expansion expected for 2014. While this certainly is good news for the industry, what does this growth mean for the business processes that underpin the industry, and the enterprise software…

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memory chips

by   |    |   2 minutes  |  in Business Technology, Strategy

I believe the approach taken by Oracle is the right one. After all, why would we in the software industry learn new tools and skills to develop against a new database when we can get the same benefits as an incremental update to the databases we know well?

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Theodore Levitt

by   |    |   4 minutes  |  in Business Technology, Strategy

What business are you really in? Today, you may be in the aerospace components business. Or the power generation business. Or perhaps you manufacture pumps and fluid handling systems or operate an oil and gas pipeline. For many of us, the answer to this question is different than it would have been 10 years ago….

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Brompton Bicycle

by   |    |   4 minutes  |  in Manufacturing, Strategy

The global economic crisis has had a significant effect on the manufacturing sector, with the prolonged Eurozone slump impacting demand for goods produced in the UK. However, with the economic outlook continuing to improve – and manufacturing doing well globally – the UN Industrial Development Organisation (UNIDO) reported worldwide manufacturing output up by 3.3 per…

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ERP like dipping your business in concrete business agility

by   |    |   3 minutes  |  in Business Technology, Strategy

It is an old joke, that may sometimes target specific software vendors, that implementing enterprise resource planning (ERP) software or other enterprise software may be akin to dipping your business in concrete. You go into a room with a systems integrator and re-engineer your processes for six months. You then go through an implementation process…

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