ERP Organizational Change: Technology Strategy
Manage episode 442270090 series 3329915
ERP Organizational Change: Technology Strategy and Keys to Success
Episode Overview – Technology Strategy
In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project management for successful ERP implementation. However, these are broad categories. Furthermore, extant research has not reached consensus as to which specific factors are most significant and critical towards ERP organizational change success. In this episode, we would like to focus on IT and technology management and offer some tactical tips, provide some practical guidance, and discuss IT and ERP strategy.
Please join us as we examine technology strategy. This episode will discuss the definition of IT success, implementation success rates in general, politics and information, the value of IT vision, the power of belief during IT implementations, the most critical components of building an effective IT Strategic Business & Technology Roadmap, and the value of proper systems selection.
https://episodes.castos.com/5fc108e0462768-18027408/1722503/c1e-6p8vs21d9msz2zx4-o87zj65gcpdd-qjp9qc.mp3Meet the Guest – Technology Strategy Expert
Russ Finney
Director of MIS Undergraduate Programs | Assistant Professor of Instruction | UT Austin McCombs School of Business | Advisor & Speaker
Mr. Finney serves both as a lecturer and as the director of MIS undergraduate programs in the McCombs School of Business at The University of Texas in Austin teaching technology & business strategy. He is also a senior partner the itmWEB Group where he assists with research projects and the Stratamation Network where he provides advisory services. Mr. Finney has also served as an Interim CIO or CTO for clients bridging executive needs or strengthening their IT capabilities.
Connect with Russ
LinkedIn: https://www.linkedin.com/in/william-russ-finney-159109/
Twitter https://twitter.com/rfinney
Websites:
- itmweb.com (itmWEB Group LLC)
- itmweb.com/russfinney.html (Speaking Biography)
- itmweb.com/russfinneyspeakingtopics.html (Speaking Topics)
email: rfinney@outlook.com
Meet the Host
Dr. Jack G. Nestell
Founding Partner | Nestell & Associates
Dr. Jack G. Nestell is a highly accomplished IT and ERP business advisor, author, and speaker with over 30 years of experience in leadership and implementation of ERP systems across various industries. He is the founding partner of Nestell & Associates, a management and strategy firm that specializes in organizational change, readiness, and ERP implementation. Dr. Nestell is also an accomplished academic researcher who has contributed to ERP research. With his practical expertise and academic knowledge, he provides innovative and proven solutions for his clients.
Find out more at nestellassociates.com
Podcast “The ERP Organizational Change Journal“
Key Discussion Points for Technology Strategy:
Questions
- [05:10] How would you define the success of an IT department in general in terms of bringing value to a business? How would you define the success of an ERP implementation specifically?
- [10:51] Russ, on the itmWEB website an article called “Good Intentions Don’t Count – Systems in Production Do”. You share some various levels of successful assimilation and the article states “Why do some teams seem to make it to the end successfully, other teams just make it to the end, and others never get the chance? Why are some teams on a continual “high” throughout the project while the members of a team right across the hall seem to drag into work every morning?… Does some secret formula exist to ensure success, or is it just a matter of luck?” What is your thought on success rates in general whether IT or ERP projects?
- [17:51] I would also like to share another article: “The Politics of Information and Projects“. The article shares that “Information is political… Companies, departments, and individuals all have the potential to create different political structures to protect and control the management of their information assets.” Tell me more, and how would this play into ERP organizational change?
- [24:50] What can you say about the “birth” of a systems project whether it be IT and/or ERP? That is, what can you share with our listeners about system “Vision”? Is that one of the most important “first steps”?
- [29:24] Can you share more about an article called “Management Excellence: Adjust the Size of your Thinking”? The article states that “Belief is a powerful force. It is an essential component of successful systems development projects. What some system builders fail to realize, however, is that belief is a result of a conscious decision. The team leader must decide that the system will indeed exist, instill this belief in his or her heart, and then transfer the feeling to the other members of the team.” Please explain more.
- [32:24] What are the most critical components of building an effective IT Strategic Business & Technology Roadmap?
- [33:57] With ERP selection, what is the general process for properly identifying the business requirements to be included in an RFP?
Golden Nugget:
[40:07] Russ, we could go on for hours. But our last question As fellow practitioners, we benefit from learning from our colleagues and friends, both “boots on the ground” as well as researchers. How would you summarize this conversation? If you had to distill your work into 3 or 4 sentences, what would you say to ERP organizational change practitioners?
REFERENCES:
- “Good Intentions Don’t Count – Systems in Production Do”, Russ Finney, 1996, https://www.itmweb.com/essay002.html
- “The Politics of Information and Projects”, Russ Finney, 1998, http://www.methodology.org/essay008.html
- “Management Excellence: Adjust the Size of your Thinking”, Russ Finney, 2004, http://www.methodology.org/essay043.html
Transform Your ERP Challenges into Opportunities with Nestell & Associates
At Nestell & Associates, we excel in steering businesses through the demanding terrain of ERP implementation and strategic IT management. If you found value in our discussion on “ERP Organizational Change: Technology Strategy,” and you’re seeking expert guidance, we would love to engage with you! Our dedicated team is ready to tailor solutions that ensure your technology initiatives are perfectly aligned with your organizational goals. Let us help you turn your ERP challenges into strategic opportunities.
Contact Us TodayRelated Episodes – Technology Strategy
Episode 98: Strategic ERP Transformation: Change Management, PMO, and M&A Insights
Episode 94: Smart Digital Transformation in Private Equity
Episode 74: Building an ERP Strategy and Roadmap
Episode 50: Digital Transformation using Emerging Technologies
Related Article from The ERP Organizational Change Success Blog
The Future of ERP: Intrinsically Linked to the Evolution of Artificial Intelligence
Intelligent ERP Systems: Artificial Intelligence and Its Impact on ERP Organizational Change
A Letter TO: CxOs FROM: Your Upcoming ERP Project
Latest Episodes
ERP Organizational Change: Technology Strategy
by Dr. Jack G. Nestell | Apr 18, 2024 |
ERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project...
AI and Private Equity Synergy: Fueling Business Transformation
by Dr. Jack G. Nestell | Apr 11, 2024 |
AI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies....
Episode 100: AI-Driven Digital Transformations
by Dr. Jack G. Nestell | Apr 2, 2024 |
AI-Driven Digital TransformationsEpisode Overview - AI-Driven Digital Transformations In this episode, we're focusing on AI-driven digital transformation and its pivotal role in AI in ERP integration, as well as its influence on organizational culture. In an era where...
About Nestell & Associates
Where People, Processes, and Technology Align
Nestell & Associates specializes in providing M&A ERP and IT consulting services for private equity firms and their portfolio companies. We offer a range of vendor-neutral services to support all stages of the investment cycle.
Moreover, we know how to effectively minimize or eliminate the issues you experience during M&A. With Private Equity Technology Solutions as 100% of our business, we bring a unique approach to ERP that other firms can’t compete with. Learn About Our Services
Nestell & Associates News
Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research.
Leave this field empty if you're human:Where People, Processes, and Technology Align
Private Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services
Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA
Phone (949) 608-2299 Email info@nestellassociates.com25 bölüm