Read more on "Choosing an ERP Solution: Lessons Learned from Watching The Bachelorette!" »
The Bachelorette, a show where one lucky-lady tries to find her future husband amongst 25 eligible bachelors, aired it’s much anticipated 2-hour finale last night. There was only one rose left, and Andi Dorfman chose Josh to be her life-long partner.
Andi made a decision based on a multitude of factors, which is very similar to the factors faced when choosing an Enterprise Resource Planning (ERP) solution. In fact, when deciding which ERP solution is right for you, look no further than network television and The Bachelorette for some useful tips. Or download our free eBook below!
But what have we learned from watching The Bachelorette?
Research your Potential Solution
In The Bachelorette, Andi meets the families of four of her potential spouses. She verifies that there are no crazy in-laws, concealed children or shameful childhood secrets, all of which could affect her final decision.
It is important to conduct the same research when choosing an ERP solution. For example, if the vendor company has been in business for many years with a large client base, it’s an obvious sign that they are probably doing something right. People and organizations vote with their cheque books; a well-received product is a good sign that a company is stable and customer-friendly.
Consult with Key Stakeholders
In the finale of The Bachelorette last night, Andi introduced the two finalists to her own family. Her family, i.e. the “key stakeholders” and their opinions, play a large role in her decision.
Similarly, the C-level executives and upper management are essential to the selection process when making the final decision on an ERP solution. There are numerous business management solutions out there, just like there were 25 bachelors to choose from at the start of the show. To avoid a long and tedious decision-making process, it is important to narrow down the candidates before consulting the key stakeholders.
What is the Future of this Relationship?
“What is the future of this relationship?” is a question that the Bachelorette must ask herself before each rose ceremony. When choosing an ERP solution, a clear product road map is just as important as the future of a relationship. For example, it is important for the Bachelorette to choose a partner that will compliment her own personal and career goals. Andi eliminated a contestant in a previous episode for this reason; she couldn’t see herself living on a farm.
Similarly, even before you start researching ERP solutions, you must understand the organization’s goals and unique requirements and then strive to align these objectives with your new system.
Like any relationship, true (ERP) love can only be achieved when both parties understand each other’s requirements so they can work as one team and grow old together.
Read more on "Don’t Miss the TGO Ride for Kids 2014!" »
Are you a motorcycle enthusiast?
Well get ready to rev up your engines! TGO Consulting is excited to announce TGO’s annual Ride for Kids event coming up just around the corner on August 17th! Like last year’s event, all funds raised will be donated to the SickKids Foundation. Hop on a bike, or let your motorcycle riding friends know, this will be a fun event for a great cause! We inspire our communities to invest in health and scientific advances to improve the lives of children and their families in Canada and around the world. Join members of the TGO team for a weekend motorcycle ride.
Click on Logo Below to Donate!
All riders will have a BBQ lunch available at the TGO office after the ride, this is complimentary to registered participants.
Date: Sunday, August 17th, 2014
Starting Location: 140 Renfrew Drive, Suite 120, Markham, ON, L3R 6B3
Read more on "4 Reasons Why the Financial Industry is Similar to Rock Climbing" »
The TGO team reached new heights last week and conquered the steep walls of “The Hub” climbing complex in Markham. Muscles were worked and blisters formed, educating the TGO team on the dedication and physical fitness required to engage in a demanding sport such as “bouldering.” While we tried to push our own personal limits, we also realized how similar rock-climbing can be to the Financial Industry.
Here are some of the similarities:
1. The risks are real
As we have seen with the economic crisis of 2008, the volatility of the markets create large risks for companies involved in the financial industry. A financial collapse can cause serious damage to your organization, just like a mental or body collapse while rock-climbing can cause serious damage to your health and well-being.
2. Plan your next step, always check your footing
While rock climbing, it is important to always keep an eye on your footing and plan your next step. Your power to move upwards comes from your legs, meaning your climbing ability is really only as good as your footing. Due to the ever evolving and constantly changing financial industry, successful organizations always have a next step or a step-back planned. Strong footing means quicker reactions to problems or a quicker route to success.
3. Can’t be afraid to fall/fail
Rock climbing is a sport of pushing your mental and physical limits, but if someone has fear of falling, they will never reach the heights they are striving for. Similarly in the financial industry, for organizations to achieve their true potential, they have to curb their fear of failing and reach for that next level. It is not failure if a company learns from their mistakes and improves a certain aspect of their business.
4. There is always another level of difficulty
In the financial industry, just when you think you’ve dealt with the toughest client possible or completed the most difficult task, reality sets in to present your team with something even more challenging. There will always be another level of difficulty, just like rock-climbers can always find a steeper cliff to traverse or create a more challenging way to scale a rock face.
Next time you are holding on for dear life on the edge of a mountain or ledge, take some time to think about how you can apply your rock climbing skills to the financial industry. You might surprise yourself, and a career in the financial industry can be just one handhold away!
Read more on "Sage ERP X3 version 7: Responsiveness" »
So far, we have discussed the increased usability, mobility, control and intelligence of Sage ERP X3 version 7. In this blog, we will detail the increased responsiveness of the solution and ways to improve customer service.
In today’s high-paced society, customers have been conditioned to expect things fast. The ability of your company to respond quickly to growing customer demands, will determine the level of success and profitability your company experiences. To remain agile, an effective ERP Solution is necessary and can improve your company’s responsiveness in a few areas.
Give your sales team access on the go
Empower your sales team with access to key insight wherever they go. Customers get the benefit of working with a knowledgeable company representative, with access to all their records, purchase history and much more at their fingertips.
Exceed Customer Expectations
Impress customers in unexpected ways. If a customer contacts the head office requesting an update, anyone who answers the phone, from the receptionist to the executives, can provide accurate data in real time.
Respond, don’t React
Gain the ability to not only react to business situations, but to respond and tackle the problem head on. Have a quality issue? Trace it straight back to the source for quicker and more effective situation control .
Want to learn more how to become more responsive with an ERP solution? Watch the video below.
Read more on "Gearing-Up for the Sage Summit 2014!" »
In a few short weeks, the Sage Summit 2014 will have the TGO Consulting team shouting Vegas Baby! Held in the beautiful Mandalay Bay Resort, this year’s Sage Summit will feature some high-profile speakers such as actress and entrepreneur Jessica Alba and NBA basketball legend Earvin “Magic” Johnson. Whether you are attending to learn and share ideas, expand network connections, or simply learn how Sage software can improve your business, the Sage team is striving to make this the most valuable business event of 2014.
Jessica Alba – Co-founder of the Honest Company, NYT Best Selling Author
Magic Johnson – Chairman and CEO of Magic Johnson Enterprises
Sometimes, conferences can become routine and mundane, as following a strict schedule can be a daunting task. However, what I like about the Sage Summit is the ability to build your own personal agenda. Every day, attendees have the ability to choose from a variety of stimulating thought leaders and product sessions. Choose only which sessions are right for you and maximize the return you get from the conference. Sage supports over 6,000,000 businesses worldwide, which means that the conference is built for a wide-audience, perfect for any business or individual looking to gain a competitive advantage. Be sure to visit our valued partner True Sky’s booth #2017, for all information on their powerful Planning, Budgeting and Forecasting solution designed to meet the needs of larger organizations with unique or complex requirements.
Here are 3 things I can’t wait to see and do at the Sage Summit 2014:
Bruce Coxen Dragons Den star and co-founder of Round 13 capital will be speaking as part of the thought leader portion of the conference
The “maximizing your workforce and benefit track” is sure to be an interesting and valuable session, teaching attendees how to transform their workforce into their greatest asset
Engage in valuable conversation and debate with like-minded professionals from across the world, is something I and the TGO team always look forward to