Referring to the Eastman post Larry Who, that included video of the lampooning by Larry Ellison (Oracle) and Marc Benioff (Salesforce.com) on CLOUD computing, it occurred to me to look back at our ideas of less than 2 years ago when we were digesting what the cloud was about. I made this comment on that post, which I will repeat here for the record and any challenge. . . . → Read More: Clouded House!
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Getting the business KPI going takes work to commit to a focus and cut to the chase. And keeping it there it is not just about just making a dashboard. It needs much more to maintain it, with action and plan conversations to match. And it then only works with timely, consistent and reliable reporting, so it becomes the language of success. . . . → Read More: How to get the Master KPI Here is a poll we have being running with clients and prospects. The questions are about the value of business intelligence. You may like to ponder them too and cast an anonymous vote. [polldaddy poll=2452016] If you want to know more about BI please visit us at Shernox Group, business . . . → Read More: Poling the BI Value Even with online supply becoming more and more automated with demand driven systems, face to face activity will never be totally replaced To be able to be seen to anticipate needs provides the quality in the dynamics of business. This cannot be done without sales people and supply chain players waking around. And without this the best laid plans for an automated process supply will also fail as competitors move on your patch. . . . → Read More: Integrating supply chain players. In my work I recently presented some ideas on the maturing state of business intelligence and business performance management applications. But choosing the right software to add value is only part of the game. For such change it also needs a plan and commitment. Making sure your project is well defined, well resourced and well sponsored is the art a PM project success. The bottom line for making a change to add value to a business is to make sure everyone with a stake in the outcome is involved, is accountable and can win. In this presentation I was able to share some ideas and from real life experiences. In the detail I have included some boiler plate steps for success in managing projects. Here are the slides to look through or download. . . . → Read More: Projects To Manage The Future Can you imagine the now indispensable fridge magnet that is so much a part of our lives, with your notes, kids pictures, shopping lists and other important odd and ends. being relegated to the rubbish to be replaced by a screen? Well, that is what the giant European supermarket chain, Tesco, have in mind for us with their Extending Ecommerce strategy. The idea that digital photo frames, with integrated magnets would be attached to your fridge, not long ago seemed farfetched. But now the internet will be there soon too so your shopping choices can be made right at the fridge as you look to see what’s missing. Nick Lansley, is Head of R&D at Tesco In this video he talks how about this and how Tesco recently released their API to the developer market. . . . → Read More: Intelligent frames replace fridge door! Sanitizing testimonials and endorsements is no longer an a morale obligation. The bottom line is there is now no option when it comes to disclosing of interests. To quote from lawyers participating in Easy FTC Compliance Seminar – What You Need to Do, Step-by-Step lead by Robert Skrob. Do you want to pay now or pay later. Robert Skrob is a business blogger whose stated his mission is “Help More People, Earn More Money”. http://goo.gl/hdCG. Robert lead and recorded a seminar with leading lawyers to alert marketers about the new of US Faire trade Commission rules, amongst other things These now apply to disclosure by affiliates and other third party endorsement. He discusses with his guests — both experienced lawyers in Internet respectively direct response marketing and related fields — Peter Hoppenfeld and Michael E. Young They do not rehashed information but provide an extremely informative and practical session in this call for experienced marketers . . . → Read More: Be Disclosed or be closed Being able to contact people within real time and get responses back form all different locations no matter where, is truly priceless. . . . → Read More: Skype Me! When Kate Wood was retuning from her summer season buying trip in India for her business “The Dancing Feather”. I met her en-route in Bangkok. Having agreed to be interviewed by me, there was no better time than as we travelled together to Melbourne together . I was especially interested to hear how she is able to stay tuned in to the fundamentals of her business. She has many common sense ideas on what many see as complex issues, especially on buying and dealing with multiple suppliers in Asia. My interest in Kate was not just paternal. The youthful enterprising approach she and her peers take is always refreshing and interesting to hear about. On this occasion i was also keen especially keen to hear about her approach in her business to financial management. As one who has made her name in her own right, my Kate wanted to cut right to the chase and dispense with any preliminary questions, such as why and how she began. So here is the text of our conversation that began with. To kick this off, Kate can you tell me what is so special for you about fashion business? . . . → Read More: Interview with Kate Wood Short video on some things organizations find when trying to make some sense of their data. In the world of best practice it is not being best that matters! Did you know sliced bread, which was invented by Otto Rohwedder around 1910, was a complete failure as no-one bought or used. It was not until 15 years later when "Wonder" came along and saw a way to spread . . . → Read More: What was best before sliced bread? If you want to achieve but think you can’t, then take a look at this man who can. Nick Vujicic has no limbs but is able to do more in a day than most people can do in a lifetime. . . . → Read More: Nick Vujicic Anyone who offers a free service must also be questioned. But there is value in offering to review to have fixed some of the very poor implementations that have come from ill founded scuttle approaches that result from freebies. This exploitation phase in such expedient cases is so often never done…… . . . → Read More: Exploiting BPM value A first shot has been fired in battle that is sure to be interesting to see customers get real benefit of the competition for the massive communication and self organized collaboration services market that drive business. Google strategy is now very clear as they are drill straight into the Microsoft Exchange servr establishment with their ease of conversion and purportedly massive savings to come over As they do this they are also attacking the Office Tools powerbase of the which is the all powerful kernel of the Microsoft Giant. Here is a short testimonial video being promoted by Google that says it all. . . . → Read More: On Demand Google & Microsoft War Because BI projects integrate data and analytics across many business functions, especially for projects that are part of enterprise performance management initiatives. That makes them high profile especially when many expectations may not all be the same . . . . → Read More: BI Project Stakeholders “If you could have up-to-date, always accessible, collaborative business performance reporting and control without the pain of setting up and maintaining an IT project, would that make a difference to your business?” . . . → Read More: SMBs get control of their numbers. According to an interview with Nobel laureate Joseph Stiglitz by Suttichai Yoon of National Multimedia, Asia itself has a huge domestic potential by having a large population base with saving and a wide demand for investment. This is extremely true especially when your business is a service base and revenues are generated from services. Services business more or less focuses more on domestic economy compared to international trade like US or Europe. In an article “THE CFO’S ROLE IN THE DOWNTURN”written by Colin Walter from PWC. He mentioned Cash is king: Companies that came out of the last recession on top had an average net debt-to-equity ratio before the downturn of half that of the companies that were not successful. They also had more cash on hand. and Taking out the wrong costs can be worse than taking out no costs at all. . . . → Read More: Cash Management Morphing a single idea into a multinational organization is not new. The concept of using affiliates and alliances to do this has also been with us since we had people on the planet. Big or small, building a brand is the key and this in turns is about getting trust loyalty and buying habits of consumer communities established the higher this is the higher the value to grow. To be successful Brands therefore need to be a intuitive metaphor of of value, quality and service that customers accept without question. For big business the recipe for growth is getting partners and affiliates also joining the game. It is also equally key to do this well to make the supply chain robust and impregnable. In combination it builds up a barrier to competitor entry and an ability to be able to add to the mix as product life cycles revolve in and out. . . . → Read More: Small Business Models to Go Last year with my team, we did a series of tailored seminars in Singapore Melbourne and Thailand. Each had a different local country theme. In Singapore for example we looked at future directions, in Australian we looked at maturity holding models for business and in Thailand we looked at the dichotomies of the internal and regional economic situation. That was a year ago at the time when world economies were facing big downturn issues and before the recession took its deep rooted hold. It is now interesting to look back on what we were thinking as we are now starting to see signs of recovery. Here is the Thailand version we recorded at Bangkok at the Sukathai Convention Center event. It looked at the economic position from a Thai perspective. We used this to make generic points about performance management and how to use it as a methodology in business everywhere. This session was sponsored by Infor, vendors of leader performance management software, We used this software to support our discussion. . . . → Read More: Performance Management Seminar It’s the time of the year again when many organisations are preparing plans and budget assumptions for year 2010. It may be good to time to dust off the steps we looked at in earlier articles budget assumptions, allocation and management of the budget. Reports shows that, of the top 100 stock listed companies, the average time used for planning and budget preparation is not long at all. But this is in stark contrast to the time taken on analysis of budgets and revisions. This latter phase iterates over a much longer time as and discussion takes place as to how and if it is well coordinated to accommodate the companies’ s strategy. After top down business PLANS and budget ASSUMPTIONS are set, generally there are three budgeting phases. The first is a bottom up estimate of MANPOWER REVENUE and OPEX and CAPEX. This is then followed by ALLOCATIONS, and an operational PRIORITIZATION phase and finally the Capital FUNDING phase for approval review. There are also many schools of thought that the budget step should be eliminated as it seems to waste so much time. This may good if rolling forecasts are well defined to place the annul budget but generally this only replaces the first phase. Many also subscribe the the thought that to much short term focus limits the organisation ability to focus and can cause it to falter. Doing budgets in the traditional way tends to allows greater focus also on the 3 year plan and draws a distinct line in the sand in on commitments by operations . But either way, make no mistake, the budget is a vital process to get alignment for the organisation The better this is done the better the result. The final document is underpins the agreements reached for performance for the ensuing year and it a solid reference point to measure against and provides for consideration by external stakeholders . People such as shareholders, business partners, creditors and banks and financing institutions enjoy a much greater degree of confidence when budgets are well thought through and are likely to remain or increase any involvement. . . . → Read More: Budget time: What again, already? |
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