Read more on "Biz Stone, Jessica Alba, J. Carey Smith and Magic Johnson Talk Business at the Sage Summit 2014" »
Day 2 of the Sage Summit certainly did not disappoint. How could it? With speakers like Biz Stone, Jessica Alba, Magic Johnson and J. Carey Smith kicking off the morning sessions, the bar has been raised for the rest of the Summit. The keynote presentation began with an individual interview of Biz Stone led by Brad Smith, EVP of customer experience at Sage. Afterwards, a panel style discussion with Jessica Alba, Magic Johnson and J. Carey Smith, tickled the taste buds of the audience with a playful and informative debate. Here are some highlights and exceptional quotes from both sessions:
Individual Interview: Biz Stone
Biz approached the interview with a completely down-to-earth perspective to business and life. He stated that creativity is a renewable resource and opportunity is manufactured, while emphasizing the importance of believing in your own future is a type of self “hallucinogenic optimism.” Biz said that every decision he has made in his life was following a person, not money or a company. He dropped out of school to follow Steve Schneider, and joined Google to work with Evan Williams. For Biz, people are the #1 decision making factor, with ground-breaking technology coming in as a close #2.
“Twitter was called the Seinfeld of the Internet, a website about nothing.” “When you have emotional Investment in what you do, it shields you from the negatives and naysayers.” “There is value in vulnerability, don’t make your company seem bulletproof.” “If you start philanthropy early in life, not matter how small your contribution, your impact will be much greater than if you donate a large sum of money 20 years from now.” “Only 1.4% of what we know, is on the internet, the rest is trapped in people’s heads.”
Panel Discussion: J. Carey Smith, Jessica Alba, Magic Johnson
The panel discussion was led by Tom Davis, CMO of Forbes Media and covered topics related to business growth, leadership, and keeping high-level talent. All three panelists opened completely different businesses, but they all seemed to fill a need they identified in their own lives. Jessica Alba founded the Honest Company because she saw the need for sustainable and completely safe baby products. J. Carey Smith, CEO of Big Ass Fans, filled the demand for oversized industrial sized fans. While, Magic Johnson began Magic Johnson Enterprises by implementing businesses into seldom occupied ‘Urban America’ before expanding to other industries.
Combined, the three panelists provided outlooks and business insight that offered a unique perspective to attendees and live streamers all around the world.
“Basketball helped me become the business man I am today.” – Magic Johnson “I stick my nose into everyone’s business, and encourage others to do the same. It is a team effort.”- Jessica Alba “If strategy were a cake, culture is the oven you bake it in.” – J. Carey Smith
Read more on "Keynote at Sage Summit 2014 with 5,000 of Our Closest Friends" »
Keynote at Sage Summit 2014 with 5,000 of our closest friends
At today’s Annual Sage Summit, we found ourselves rocking out to all the new features that Sage has to offer in the upcoming years. We attended the first key note session with over 5,000 of our closest friends.
The keynote presentation had us at the edge of our seats with a demonstration of new features such as, the Sage Data Cloud, Sage Time, and Sage Intelligence Go. Most importantly the keynote highlighted the importance of the mobile convergence of data.
The Mobile Convergence of Data
With a technology advancing so quickly, the mobile convergence of data has become one of the most important innovations of this generation.
With the use of the Sage Data Cloud, integration between mobile devices and Sage is seamless, allowing anyone in your company to access it anytime or anywhere. The Cloud reduces complexity and increases collaboration in your organization by consolidating all important business information into one app. Whether you’re at your kid’s soccer game, on your motorcycle, or at a bachelorette party, you are connected to the Cloud.
The mobile convergence of data could be pivotal in the optimization of your business goals. By speeding up communication processes through the cloud, you can get more done in less time.
We can’t wait to see what the other speakers at the Sage Summit have to offer. Thought leaders such as Biz Stone, Magic Johnson, Jessica Alba and J. Carey Smith are next up on the list. For a detailed keynote schedule visit www.sagesummit.com/videos
Check back tomorrow for another blog about tomorrow’s keynote.
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 "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 "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