In his book The Art of Action (2011), Stephen Bungay identifies three gaps
that frustrate the ability of organizations to translate plans into actions
that lead to desired outcomes. He calls them the knowledge, alignment and
effects gaps. Here, I wish to reflect on Bungay’s perspective by reviewing
these gaps in terms of the selection and implementation of enterprise
resource planning (ERP) software.
ERP software exerts a significant influence over the way an organization
manages and monitors its performance. In large organizations, ERP software
can touch hundreds, even thousands of people given that today’s ERP
software may have a significant organizational footprint encompassing
accounting, supply-chain, manufacturing, human resources (HR), customer
relationship management (CRM), environmental, social and governance (ESG) and
performance management activities. ER... (more)
Today, the world of consumer bookselling is characterized by two polarized
business models: Bricks and Clicks – physical retail bookstores and virtual
online webstores.
The future of consumer bookselling depends on breaking down this polarization
and creating a new hybrid business model that exploits combinatorial
innovation – the combination of existing concepts and technologies to
deliver a business model breakthrough.
My aim here is to offer one view of the future of consumer bookselling by
considering some key issues and outlining a set of synergistic technologies,
then pres... (more)
Ideablogs are a new online collaboration tool designed for social idea
development. The purpose of this short article is to encourage you to think
about using an ideablog to support innovation in your business. I’ll be
explaining what an ideablog is and how you can use one to help ensure you
have a constant flow of new ideas to think about.
What is an Ideablog?
An ideablog is a social networking application used to stimulate, capture,
promote and enrich ideas online via a blog-style user interface. Ideablogs
support online communities of interest that are focused on stimulating a... (more)
The mobile web's momentum continues unabated with Google's acquisition of
AdMob and Apple's Shocking Numbers for iPhone app usage.
The whole thing is reminiscent of the introduction of the IBM PC back in
1981(?). Brief memory lane diversion: I sold my first PC system in 1982 and
it ran a company's whole accounting system off a single 5.25 inch floppy
drive. But reminiscent only in a far-off, Stewart McKienoreply@blogger.com0
... (more)
Not everyone believes in 3D accounting. In their critique of the triple
bottom line Getting to the Bottom of the Triple Bottom Line, authors Norman
and MacDonald make a number of useful points. But in this post I want to
discuss environmental ‘analogues’ based on their point below:
But we are also puzzled when we look for conceptual analogies above
the bottom line, so to speak. What are the ethical/social equivalents or
analogues of, say, revenue, expenses, gains, losses, assets, liabilities,
equity, and so on? The kinds of raw data that 3BL and other SEAAR advocates
propose to... (more)