- Tie each person’s work to the result (for the company, customer etc.) – Wouldn’t you like to know WHY you are doing something?
- Take each employees’ ideas into consideration – Simply asking can go a long way if you truly care about the answer.
- Don’t treat each employee the same – don’t we each have different goals and interests?
- Are you developing your employees? – a little investment into your employees can go a long way.
- Do you address poor performers? – one of the biggest issues we see if letting poor performers carry on. Everyone knows it and is less motivated. Why not just proactively address? Provide an opportunity and swiftly address if necessary.
Category: Inner Circle
- Navin Shetti – Director of Engineering, Honeywell Aerospace
- Cindy Elliott – Global Go-to-Market Strategy, Manufacturing & Logistics, ESRI
- Paul Granillo – CEO, Inland Empire Economic Partnership
- Jerry Hsiung – Robotics expert, Carnegie Mellon & Harvey Mudd
- Jermaine Waltemeyer – Recruiter/ Practice lead, Aerotek
- Do NOT wait too long to consider which type of technology will add value to your ability to achieve your business strategy and objectives. Although there is something to be said about an organization that can perform manually, it will not achieve scalable, profitable growth in this Amazon-impacted business environment.
- With that said, do NOT be a blind follower of your Board’s or Executive Team’s ideas. I have heard from countless clients that they outsourced when it was popular. Some have turned out great whereas others made no sense, didn’t make money and didn’t improve service. Can you afford to make preventable mistakes in this fast-paced world? Most likely NO!
- Appreciate your hidden talent. 80% of the time, I find hidden talent at a client. They are typically underappreciated and utilized to 20% of their potential. If you’d like help in identifying them, contact us.
- Find your internal best practice processes. Again, I find clients under appreciate best practices of certain departments, individuals or sites and instead focus a bunch of attention on bench marking to the industry. Do you really want to be average in your industry?
Since we happen to be working on 3 or 4 ERP system projects concurrently, the topic of ERP is top of mind.
Let’s start by saying upfront that we turn down ERP selection project requests. Not everyone needs a new system. Perhaps a process upgrade and better utilization of your current system will sustain your business for 3-5 years. If so, why divert attention? On the other hand, waiting “too long” will quickly spiral into disaster. How do you know which of these is your situation?
An ERP upgrade is one of the most significant initiatives a company can undertake, and the statistics aren’t good. 80% fail to achieve the expected outcome! Yet, if your ERP system isn’t scalable, hiding your head in the sand will lead straight to unmitigated disaster. Thus, it’s best to be proactive, diligent and strategic when it comes to this topic.
Selecting a system isn’t something to delegate to your IT person. Instead, it is something you must “own”. After all, if your system will support your resources so that you can grow the business with the peace of mind that your system will enable a high level of customer service with additional customer-friendly capabilities (such as a customer portal), support your #1 asset (your employees and partners) behind the scenes and allow your business to scale with minimal if any investment of time and resources, it suddenly becomes quite relevant.
The 80/20 of success relates to just two items:
- Your critical success factors – what is unique to your company or industry and/or what drives customer differentiation and profitability
- Your design and implementation partners – although the focus typically goes to the software, as with business, the 80/20 of success is with people and partners.
Having an ERP system that supports your business objectives is another key component of creating a resilient supply chain. If you’d like a rapid assessment on whether your ERP system will support your growth and business objectives, contact us. And please check out our resilient supply chain webpage.