Expand Your Thinking - Sample Slide deck - Recent Presentation ICAA Accounting Conference National Series 2013 Leverage ERP and Strategy Nexus
- Chris Catto
2. About Me
- Author of Premiership Business
The Premiership Business Equation
for Business owners &
Entrepreneurs
- Planning & Performance
Management in Leading Global
Corporations
- Director of Putney Breeze
Advisors
- Associate of Betacodex Network
4. ERP Paradox
> More streamlined, flatter,
more flexible and democratic data
> Centralization of Control over
information and the standardization of
process
5. > Strategy
– The science or art of combining and employing the
means of war in planning and directing large military
movements,
- Skill full management in getting the better of an
adversary
> Plan (Planning)
– a scheme of action, a design or scheme of
arrangement, a project or definite purpose
Macquarie Dictionary 4th Edition
8. What is ERP?
> 1960s Inventory Management & Control
> 1970s Material Requirements Planning
> 1980s Manufacturing Resource Planning
> 1990s Enterprise Resource Planning
Inventory, Order management, Accounting, HR, CRM, Business Intelligence
ERP software that integrates various functions into one complete system to
streamline information and process across the entire business
“DATA”
9. Value of ERP
Process & Functional
> Gives real-time global view of information that allows proactive business decision making
facilitating improvements
> Lower information handling and overall cost of doing business
> Enhances compliance with regulatory standards and reduces financial risk
> Automates core business operations and processes such as order-to-fulfilment, and procurement
processes
> Eliminates redundant processes
> Improves customer service by centralising customer information and collation
Strategic Delivery
â–ş Decision making
10. Timeliness
Enable Strategic Decisions
Master Data
Products, Customers,
Employees, Suppliers
Transactional Data
Orders, Invoices, Payments,
Deliveries
Historical Data
Comparability, Measurability
Accuracy Consistency
Completeness
Data Quality
Intrinsic, Accessibility, Usefulness
> Quality
> Dimension
> Type
Adapted from: The Cost of Poor Data Quality; Huag,
Zachariassen, Liempd, Journal of Industrial Engineering
& Management doi:10.3926/jiem.2011.v4n2.p168-193
11. Sharp End – Business Intelligence
In what circumstance does data turned into information, decision
trees, software and performance management tools fail?
15. Humans are different?
> Frontal Lobe
> Separation from current
world
> Manipulate
> Machiavellian
16. Strategic Tools
Porters Five Forces
SWOT
Business Process
Reengineering
Lean Manufacturing/Services
Six Sigma
BSC and Strategic Mapping
Hoshin
Kaizen
Kanban
ABM
17. Progress Take 2…..
Strategic
Delivery &
ERP
ERP
Paradox
Strategy &
Strategic
Outcomes
ERP &
transform
- ation of
Data
Decision
Making –
How we
compute
Case –
Data,
Decisions,
Strategic
Delivery
1.
4.
3.
2.
5.
18. Where does this lead us?
Right Data
Right
Tools
Right
Context
Right
Decision
Strategic
Outcomes
19. Handelsbanken Focus - Customer
Satisfaction at Low cost
How?
â–ş Greater Branch & Regional
Authority
â–ş Flat Structure
â–ş Customer focus v Product
â–ş Value Based Culture
â–ş Transparent Performance
Data
â–ş No Budgets
â–ş Strategy driven by internal
transparent Benchmarking
between Regions and Branch
offices
â–ş Freedom and responsibility to act
– do what is right to fit local
performance
â–ş Common Bonus scheme not
individual bonus scheme –
Measure how the bank performs
compared to other banks
21. ERP Critical Success Factors
> Align ERP systems with Strategy – Not just copy of
dysfunctional systems
> Business Process driven not systems driven
> Eliminate Redundant processes
> Involve the right people
> Invest in Education and training
> One technology platform and data consistency
> One Company wide database
> Embed disaster recovery procedures
> Look to the future
Hope & Player, Beyond Performance Management
22. Leveraging ERP the Critical success
Factors
> Ensure Data Quality
> Understand the Context of Data
> Responsibility & Accountability at right Level
> Agile decision making by presenting data in right element
> Incorporate Relative Measures of Success
•Accuracy
•Completeness
•Timely
•Consistency
Right Data
•BSC & Strategic
Mapping
•ABM
•Kaizen
Right Tools
•Executive
•Business Unit Leaders
•Functional Manager
Right Audience
•Competitors
•PESTLE
•Five Forces
•Market condition
Right Context
•Actions
•Initiatives
•Investments
Right Decisions
•Strategic Outcomes
Strategic
Delivery
Enterprise Resource Planning
25. Disclaimer
This presentation represents the opinion of the author(s) and not necessarily those
of the Institute of Chartered Accountants in Australia (The Institute) or its members.
The contents are for general information only. They are not intended as professional advice – for that you
should consult a Chartered Accountant or other suitably qualified professional.
The Institute expressly disclaims all liability for any loss or damage arising from reliance upon any
information in these papers/presentation.