You Should Update your Key Performance Indicators Now!
When was the last time you sat back and thought about all the key performance indicators (KPIs) your company is tracking? Do you just add KPIs to...
Recently I had the privilege of working with one of our clients reviewing their current state processes and helping them develop their future state processes that they wanted to implement in conjunction with the deployment of their new ERP system. They understood the benefits of the event, which were the following:
The client was very grateful at the sessions and they felt they were important to their success of the ERP implementation as well as supporting the growth of their business.
As I was wrapping up the final session and taking final questions before leaving the site, the final question that was asked was one of the most compelling that I have received in recent memory. The question was stated as follows:
“Thank you for helping us with our future state! How do we implement it?”
I paused, then I restated the question as “So you have your future state! Now what?” This is one of the first times I had ever been asked the question but felt it is one of the most critical in the realization of the ideal future state.
I then went through several enablers that over the 22 years I have observed that work toward successful clients who implement their future state.
Having worked with organizations to implement ERP systems, I have seen companies that do not have these enablers in place. When this occurs, the projects take longer to implement, the systems are poorly received by the employees, and the investment is not fully realized post implementation. This leads to a sense of failure for all involved.
Upon giving this advice to our client, they were very receptive to the information and were excited to that at least one of the enablers (BPR) was just completed for their future state realization. I also realized in that moment that our organization (Liberty Technology Advisors) is well positioned to help a client to implement all enablers within their organization, helping clients answer the question “Now what?”
When was the last time you sat back and thought about all the key performance indicators (KPIs) your company is tracking? Do you just add KPIs to...
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