Uncovering the Biggest (and Most Underestimated) Cost of Digital Transformation
When undergoing digital transformations with our clients, they often struggle with a decision regarding how to optimize implementation time, cost, and risk. However, this focus on time, cost, and risk does not always consider the potential cost, risk, and time associated with disruption if the digital transformation goes poorly. To provide some context, our research indicates that between 52% and 54% of organizations experience significant operational disruptions when they go live with new technology.
Digital Strategy Dilemma: Choosing Between Software Build vs. Buy In Digital Transformation
When guiding clients through their digital strategies and transformation journeys, one of the initial questions that arises is whether to build or buy software. Before delving into the discussion, I would like to acknowledge that most individuals hold strong opinions on this matter, particularly those with extensive industry experience. For instance, those working for software vendors tend to lean towards the buy option, while individuals employed by custom development shops or developers themselves often favor the build option due to their areas of expertise. However, it is important to transcend these biases and objectively examine the two distinct paths available in the digital transformation journey.
La fin du logiciel Microsoft Great Plains est prévue pour 2025 – Tout ce qu’il faut absolument savoir !
Un système ERP est, par bien des aspects, une entité vivante qui évolue au sein d’une organisation. Pour fonctionner avec succès, ces systèmes requièrent un certain niveau d’attention, même une fois la mise à niveau achevée. Bien que beaucoup considèrent les logiciels ERP comme un investissement rentable, il ne s’agit pas pour autant d’une solution immuable. Il arrive un moment où les systèmes plus anciens deviennent difficiles à gérer et doivent être remplacés. Les fournisseurs d’ERP ont alors le choix entre continuer à proposer leurs anciens produits ou établir un plan de “fin de cycle de vie” dans l’espoir que les clients puissent évoluer vers la version la plus récente.
The Dark Side of the Digital Transformation and Tech Consulting Industry
I have some bad news for you, the tech industry is rigged, and even more importantly, the rigging of the tech industry is creating a lot of problems for you as an organization, leading to a lot of bad decisions. But how exactly is the tech industry rigged, and how does that affect us in our digital transformations?Â
How to Create a Realistic Digital Transformation and Software Implementation Project Plan
Implementation planning and having a realistic plan is one of the most important steps in a digital transformation process. However, most organizations and even consultants get the implementation planning piece of this wrong. Why is that? What do organizations do wrong? And how can we create a realistic project plan?
How to Realize the ROI in Digital Transformation Technologies
Organizations are notorious for spending a lot of time and money on digital transformations, but they often fail to spend the last little bit at the end of a project to ensure that they get the full ROI or return on investment of their digital transformation. But how exactly do we ensure that we optimize the value of our investments in digital technologies?
Top 10 Supply Chains in the World [Lessons from Amazon, Wal-Mart, Alibaba, McDonalds and others]
When we’re trying to learn about what makes a supply chain effective and how to navigate supply chain management here in the 2020s, it’s helpful to look at some of the leading organizations throughout the world that have built very robust, highly successful, and highly effective supply chains.
So, what we want to do today is provide a top 10 countdown of the top 10 supply chains that you should be familiar with as you look for ways to incorporate those best practices into your supply chain.
Lesson Learned from Southwest Airline’s Epic IT Implosion
The incident taught the airline industry an important lesson – that having a comprehensive IT system is key to running a successful business. By investing in the right technology, companies can ensure more reliable service and fewer disruptions. In addition, Southwest Airlines learned the hard way that they must be wary of their reliance on third-party vendors and have more stringent risk management practices, audits, and business operation evaluations.
Crucial Digital Transformation Decisions In An Effective Digital Strategy
When going through a digital transformation, there’s many different, highly important decisions that need to be made. This may not sound like rocket science on the surface but so many organizations don’t understand what those decisions are and worse yet they either don’t make the proper decisions or they delay those decisions to the point where it delays the project. What we want to do today is talk about some of those key decisions.Â
Digital Transformation: How Independence is Leading the WayÂ
Recently, Third Stage ranked in the top 1/3 on the Inc. 5000 fastest privately owned companies in U.S. list. Our exponential growth is a direct product of the demand and value of independence and technology agnostic services. The importance of independence is becoming much more widely understood and accepted in the IT industry as an […]
Why IT Departments Should No Longer Exist
The role of the IT department has changed dramatically over the past few years. IT or information technology has traditionally been siloed to just the technical aspects and services of the organization. However, with the rise of digital transformation, IT has become integral to almost every area of business. From marketing and sales to product […]
Third Stage Consulting Group Ranks in the Top 1/3 on the 2022 Inc. 5000 Annual List
With Three-Year Revenue Growth of 406% Percent, Third Stage Consulting Group Receives Ranking No. 1575 Among America’s Fastest-Growing Private Companies DENVER AUGUST 17, 2022 Today, Inc. revealed that Third Stage is No. 1575 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind […]