Search Results for: gartner

  • The ERP Customization Mistakes Made by Companies

    ByPrimary Researcher

    … this article and related articles at this link.
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    Mistake #1: Selecting an ERP Selection Advisor Who Hides ERP Customization
    For example, the major IT consulting firms. It is impossible for any of these companies (Accenture, Deloitte, Infosys, etc..) to claim independence, as each of them has public partnership agreements and practices with specific software vendors. They are so connected to ERP vendors that they collaborate with the ERP vendor to make the customer underestimate the necessary customization degree. Often the ERP selection advisor will not want to bring up the full complications of the implementation for fear …

  • Some of The Most Common ERP Mistakes Made by Companies

    ByPrimary Researcher

    … selection advisor than not do so. The straightforward reason for this is that most ERP system selection advisors have a financial bias.
    For example, the major IT consulting firms. It is impossible for any of these companies (Accenture, Deloitte, Infosys, etc..) to claim independence, as each of them has public partnership agreements and practices with specific software vendors. So instead of discussing the “independence angle,” these companies tend to try to get their clients to ignore the issue’s importance. And they are very successful at doing this as ERP software selection vendors perform the bulk of software selection advisement …

  • The Top ERP Selection Mistakes Made by Companies

    ByPrimary Researcher

    … than not do so. The straightforward reason for this is that most ERP selection advisors have a financial bias, hiding from customers.
    For example, the major IT consulting firms. It is impossible for any of these companies (Accenture, Deloitte, Infosys, etc..) to claim independence, as each of them has public partnership agreements and practices with specific software vendors. So instead of discussing the “independence angle,” these companies tend to try to get their clients to ignore the issue’s importance. And they are very successful at doing this as ERP software selection vendors perform the bulk of software selection advisement …

  • Is Panorama Consulting Correct Companies Should Not Develop Custom ERP Systems?

    ByPrimary Researcher

    … willing to provide misleading or false information to the customer.
    As for the last part of the quote, finding and hiring employees to manage an internal system will always be less expensive and more sustainable than hiring resources from the ERP vendor or less knowledgeable resources from the consulting firm partnered with the ERP vendor. Furthermore, supporting software internally will normally allow far better support at a much lower cost. Most ERP vendors use the support contract to get a lot of their profits, so the support offered is typically quite cut down. And the larger the software vendor, the …

  • Business Network Risk - The Connected Person Exploitation Problem

    ByPrimary Researcher

    … in the Pecking Order
    In many cases, they have known that second person far longer than they have known me, so they won’t confront them as I am lower on their pecking order than the second person.
    This is a major road of exploitation.
    Example #1: Introduction Through a Partner
    I had a brief partnership with an Indian (that was my first mistake), and he brought in another Indian who had very weak qualifications to work in the area. Because he was connected to someone, I knew I was well predisposed to interviewing him. However, within 45 minutes of …

  • The Problem With ERP Software Selection Advisement Companies

    ByPrimary Researcher

    … are interested in selecting an ERP system begin their search with an untrustworthy ERP system selection advisor. These advisors tend to recommend their clients to the most expensive solutions.
    It is impossible for any of these companies (Accenture, Deloitte, Infosys, etc..) to claim independence, as each of them has public partnership agreements and practices with specific software vendors. So instead of discussing the “independence angle” these companies tend to try to get their clients to ignore the importance of the issue. And they are very successful at doing this as ERP software selection vendors perform the bulk of software selection …

  • The FDIC and the Continental Illinois Bank Bail Out

    ByPrimary Researcher

    … bank of significant size, and they will coordinate with the Fed, which can create as much money as it wants and has an incentive to protect banks and their management at the expense of the public. In this relationship between the FDIC and the Fed, the Fed is the senior partner, and the FDIC is essentially a lacky of the private banking interests.
    This gets to the next important point.
    A Government Agency or Controlled by the Fed?
    The problem with the FDIC is that while they are a government agency, they are to a great deal remotely controlled by …

  • The Small Vendor Versus Large Software Vendor Marketing Strategy

    ByPrimary Researcher

    Executive Summary

    Small vendors cannot follow the same strategy as large vendors.
    This article covers the differences.

    Introduction
    This article explains the distinctions between large and small vendor sales and marketing approaches.
    Our References for This Article
    If you want to see our references for this article and other related Brightwork articles, see this link.
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    How Large Vendors Function
    Large vendors follow along and high touch sales process. They normally participate in consulting companies that have established partnerships with the vendor and rig RFQs for the vendor to direct the prospect to implement the highest TCO software …

  • How the Concept of Unearned Income Was Eliminated from Economics

    ByPrimary Researcher

    … of factories. So, you can think of rent as the “right” or special legal privilege to erect a tollbooth and say, “You can’t get television over your cable channel unless you pay us, and what we charge you is anything we can get from you.” – Michael Hudson / Evonomics
    Source: Evonomics
    https://evonomics.com/how-financial-parasites-and-debt-bondage/
    Observe that in the present day, even infrastructure is privatized under Public Private Partnerships which are promoted by major international private banking interests ranging from the EIB to the IMF. There are many discussions around privatizing the US Post Office.

  • What is a Payday or Title Loan?

    ByPrimary Researcher

    … significantly exceed the rates allowed by credit card companies and banks.
    Source: How the Other Half Banks
    Payday Lenders Skirting These Rules
    For many years, payday lenders skirted these rules by “renting bank charters” from banks in states with high usury rates and operating from another state. Payday loan companies partnered with banks in states with no usury laws or very high interest rate ceilings, like South Dakota or Delaware. When banking regulators put an end to this practice a decade ago, payday lenders seeking to avoid usury limits fled to Native American reservations or offshore regulatory havens like Malta …