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When people think about digital transformation success versus failure, they often think about things like project management and governance and making sure we address change management, make sure we get our processes right, make sure we have our requirements well defined, a lot of things like that that are very important to digital transformation success.
The problem is, is that there's an underlying reason why so many projects fail and most projects fail in the very early weeks and months of a transformation. It's the very first step that you should be taking in a digital transformation initiative but most project teams overlook this first step
Digital Transformation and Business Transformation are two of the hottest buzzwords in the industry today but how exactly are these two terms different and how does it apply to you? That's what I want to talk about in this article today.
To really understand how ERP systems work it helps to not only look at Concepts and terms and definitions but also helps to really unpack and understand the mechanics of how ERP systems work. so what we want to do is talk about how the systems work and what you need to understand about ERP software one of the questions we often get as a consulting organization is how exactly do ERP systems work? We want to talk about the mechanics of how ERP systems work along with some of the nomenclature that you should be aware of.
As part of helping our clients with digital transformations, oftentimes we're helping them with ERP software implementations. Over the years, I've learned that there's a lot of different terms, buzzwords and definitions that are really important to understand in order to be successful. So today we want to talk about 10 key terms and definitions that are really important for you to understand when embarking on an Erp software implementation or if you're just trying to learn more about ERP software in general.
Third Stage Consulting Group is a global thought leader in business transformation, ERP software systems, operational change management, and business advisory. Let us take your organization’s digital transformation to the Third Stage.