Digital Transformation on the Manufacturing Floor
Practical Examples of Value Creation: How will digital transformation create real value for a manufacturing company? Let’s use the factory floor as a testbed ...
Creating Digital Value for Stock Holders
Your successful digital transformation must be driven by a compelling Why. In this article, we drill into the creation of a Great Stock, looking at Total Shareholder Return as the guiding metric. (Part of a series of articles about Enterprise Value Creation for Digital Business.)
Digital Business Continuity – Resilience and the Strategic Pivot
The COVID-19 pandemic has forced businesses to change. Some are still in react mode, while others are being more proactive. Might this disruption be an opportunity to change their business model?
One in a series of articles about Digital Business Continuity; real-time lessons learned, improvements we can make now and in the future.
Digital Business Continuity – Finding New Strength
Stories about Business Continuity during the coronavirus pandemic are all about flexibility - and adapting for the long haul. Third in a series of articles about Digital Business Continuity – real-time lessons learned, improvements we can make now and in the future.
IT Budget Hacking (w$$t)
Some block-and-tackle IT management stuff for today - taking a long, hard look at the IT budget, a task that is less-than-pleasant for many. Most of my peers have already cut any and all low hanging fruit - it's time to start thinking aggressively. Software Maintenance for the Small Stuff Most have concentrated on their ERP and other large, strategic vendors - but what about all of those little invoices that come every year? I'm talking about development tools, management…
The Five Fundamental Rules of Project Management
Okay, the title is a bit of a false advertising. I'm not revealing the top five rules - I'm actually looking for help in defining rules #3-5. Any input is appreciated - care to weigh in with an opinion? I've had a number of discussions, with some of the best project managers I know, as we discuss ways to simplify methodologies and streamline our delivery process. Many organizations are trying to train their next generation of project managers, and all…
The Iron Triangle – Quality is a Feature that We Choose to Omit from Projects
Project managers must communicate the trade-off between additional functionality and the time required to fully test the work. Don't assume testing will be completed - it's something that takes time!
Strategies for Intellectual Property in Consulting Engagements
Previously, I wrote about Fee Structures in Consulting Engagements, which is the stuff that the consultants are primarily interested in. If the consultant / firm has any strategic skills, their next concerns will be about Intellectual Property (IP) rights. <aside> Not that IP, this IP </aside> Do you really think that they make it all up from scratch for each new customer? Of course not - like any other developer, they have a body of code (and/or project/process methodology) that…
Strategies for Fee Structures in Consulting Engagements
Yet another vendor seminar last month, and the idiosyncrasy of the day was an abnormal amount of focus on the fee structure (they were presenting their expertise on a certain platform, and talk of fees was a tad disconcerting). The vendor is, of course, railing against the fixed fee - puts all the risk on them, artificially constrains the project, etc. They didn't mention how the fixed fee enables an upside on their part - if the Vendor (contractor/consultant/them) pads…