Technology Strategy Articles and Blog Posts https://transforming.com/tag/technology-strategy/ People. Process. Progress. Thu, 18 Jan 2024 17:24:42 +0000 en-US hourly 1 https://transforming.com/wp-content/uploads/2018/11/cropped-TSI-ICON-F-01-32x32.jpg Technology Strategy Articles and Blog Posts https://transforming.com/tag/technology-strategy/ 32 32 Biotech Start-up, Cloud ERP Selection and Implementation https://transforming.com/2024/01/17/biotech-start-cloud-erp-selection-implementation/ Wed, 17 Jan 2024 13:28:08 +0000 https://transforming.com/?p=6062 Business Challenge: TSI’s client, a fast-emerging innovator in the Biotech space, knew it needed to invest in enterprise systems.  Yet at the time it was balancing many initiatives that caused many of their internal SMEs to be spread very thin as they were embarking on clinical trials, raising another round of funding, building a production

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Business Challenge:

TSI’s client, a fast-emerging innovator in the Biotech space, knew it needed to invest in enterprise systems.  Yet at the time it was balancing many initiatives that caused many of their internal SMEs to be spread very thin as they were embarking on clinical trials, raising another round of funding, building a production facility, along with hiring new employees and conducting the rest of their business.

When TSI was selected, Finance was using QuickBooks and Excel.  Operations and Quality had no defined processes, systems or formalized IT group. The company desired a cloud-based solution, but wasn’t sure about on-premises vs. cloud risks and trade-offs.  There were significant time pressures to identify a cost-effective, reliable and scalable ERP solution that met FDA validation requirements.

TSI’s Approach and Role:

Approach

  • Worked with Leadership Team to define/understand strategic direction and priorities
  • Conducted a series of rapid design sessions to define future business processes and prioritized functional requirements
  • Leveraged TSI’s 20+ years of experience and develop a short list of Vendors for focused software demonstrations and participation in a streamlined RFP process
  • Developed, communicated and maintained a committed milestone schedule and set of guiding principles to keep the team on track
  • Benchmarked vendor costs and utilize best practices in selection/contract negotiation
  • Developed a phased ERP implementation plan to manage risk and reduce time to market for critical functionality while avoiding customizations

Role

  • Overall Program, Vendor and Organizational Change Manager
  • Business Analysis
  • Subject Matter Expertise – ERP, Finance, Supply Chain, Manufacturing, Quality
  • QuickBooks Interim Technical and Accounting Staff Support
  • Technical Infrastructure Support

Results:

  • Completed Process/Requirements Definition and ERP Selection in 12 Weeks
  • Achieved Validated ERP System Go-Live in 100 Days
  • Under Budget 19% for Integrator and TSI
  • Shortly after the completion of our work, this company was acquired by one of the largest biotech/pharma conglomerates in the world. The successful implementation of the ERP, along with the process work that TSI led surrounded this, helped to solidify the administrative and financial components of the due diligence.  This, along with other competitive advantages of this organization, led to an extremely lucrative buyout.

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Let’s Talk Project Management https://transforming.com/2021/03/22/lets-talk-project-management/ https://transforming.com/2021/03/22/lets-talk-project-management/#respond Mon, 22 Mar 2021 12:52:00 +0000 https://transforming.com/?p=14015 1. Project Managers are professionals. I’ve worked within numerous companies that treated their PMs as cheap (not inexpensive mind you), transferable, commodity-type resources.  In some cases, if you could type on a computer and take notes, you could become a project manager.  However, we must continue to push ourselves out of the habit of relegating

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Project Manager leading an organizational meeting

1. Project Managers are professionals.

I’ve worked within numerous companies that treated their PMs as cheap (not inexpensive mind you), transferable, commodity-type resources.  In some cases, if you could type on a computer and take notes, you could become a project manager.  However, we must continue to push ourselves out of the habit of relegating PMs to project administrative duties.  I sympathize with project managers who only set up meetings, take copious notes for meeting minutes, and update other’s tasks in a project plan.  If this is what we expect from our PMs is it any wonder that project success rates continue to be so low?

Project managers should be leaders within the organization.  They should be empowered to drive and to deliver what the company expects.  Employee (or even consultant) engagement and enablement are key.  If lowered to the level of project administrator, not even the most experienced PM will be able to succeed.

2. PMs, I don’t need to know your title.

Some organizations have a multi-layered system of project manager job descriptions.  These may be encoded as project manager one to project manager five, or they may mirror the old Big Eight consultant titles of PM: Senior PM, PM Manager, PM Senior Manager, PM Director, and so on.  I have been a national lead, a project manager, a program manager, a program director, and a solution lead.   Do these titles mean anything? Not really. I expect you are more interested in my talents and skills, as opposed to simply my title.

PMs should be ranked by their capabilities, not their titles.  Have you managed a project that lasted more than 12 months?  Have you overseen a team of more than 50?  Are you good at tracking actuals, forecasting, and rationalizing variances?  How good are your team-building skills?  What about collaboration?  The axiom of not judging a project manager by their title seems apropos.  A predefined stair step of title promotions based solely on tenure is not appropriate; individuals should move up they demonstrate the next level of skill.

3. Implementation methods don’t need to impact a PMO

Although Waterfall is still here – and will be for a long time – the world continues to move to Agile. Package application development methods are different than either Agile or Waterfall.  And let’s not forget that product development is not the same either.  The PMO should be adaptable and able to meet the needs of the organization, regardless of the types of delivery methods utilized by the organization. Don’t forget, PMOs oversee non-IT projects and those do not have any application lifecycle management!

PMOs have holistic responsibility for delivery.  They collect details, provide visibility, and drive resolution to problems.  A delay in this process is a delay whether it be waterfall or product development based. Portfolio visibility is across the suite of initiatives, independent of the tools used to manage each. Let’s keep the focus on what a Project Management Office does and not be distracted by delivery methods.

4. Which software is right for the PMO?

Have you defined all your requirements for a new tool?  What about the requirements of the PMO’s key stakeholders?  Should you use one of the Magic Quadrant tools, leverage SharePoint, or custom build something in Excel?

First, focus on the processes.  A sophisticated status and portfolio tool will not benefit your organization if project managers do not understand appropriate levels of reporting status.  An engineered estimating solution will be less effective if your team does not know how to estimate and does not record actual hours spent. An application for automating portfolio management will not pay off if the organization does not understand the principles of prioritization and trade-offs. It is important to think about getting the organization to work effectively before trying to automate. There are many tools to do this effectively. However, it is essential that you do your prep in terms of roles, processes, and organizational change management. These identifications are important regardless of which tool you choose.

Let’s Connect!

Do you need further help on a program, project, portfolio management, or software evaluation and selection? Contact Us.

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Outgrowing QuickBooks Software – Next Steps in Technology Strategy https://transforming.com/2016/11/02/outgrowing-quickbooks-software/ Wed, 02 Nov 2016 14:32:59 +0000 https://transforming.com/?p=6077 TSI is a management consulting firm that has led the charge on many technology strategy initiatives over our 20+ year lifespan. We are based out of the Chicagoland area, but we assist growth-oriented organizations across the country that may be now, or have already outgrown their current QuickBooks package or “starter system.” At TSI, we

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TSI is a management consulting firm that has led the charge on many technology strategy initiatives over our 20+ year lifespan. We are based out of the Chicagoland area, but we assist growth-oriented organizations across the country that may be now, or have already outgrown their current QuickBooks package or “starter system.”

At TSI, we do not sell software. Instead, we help companies like yours to:
1. Determine if QuickBooks is still running smoothly within your organization (we have clients with annual revenues of $80MM still using QuickBooks effectively, so a change may not be necessary);
2. And if you do need to change, we help companies like yours to:
  • Prioritize your functional requirements and select a software package that will enable your company to scale;
  • Implement the new system in a process-centric manner so you can focus on your day job.
Selecting, and then implementing the wrong system can bring an organization to its knees, and our goal is to ensure that this never happens with our clients.
Unlike nearly every other consulting company in the Chicagoland area, TSI is completely independent and we do not have a financial relationship with any software vendor. As a result, we have no conflicts of interest and we work exclusively for our clients.
For more information on TSI’s technology assessment expertise, click here – https://transforming.com/corporate-and-higher-education-transformation-consulting/technology-assessment/

 

You can request more information about our service offerings by emailing us at tsi@transforming.com. To speak with Dan Feely, TSI’s Managing Partner, you can reach him at 847-705-0960 x202, or via email at dfeely@transforming.com.

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