Selection and Adoption
21 important questions on Selection and Adoption
What are the main lessons learned of the Nestle case?
- Senior management needs to be involved when implementing
- Top management support is needed
- People that are going to use it have to be on the project team.
What are the internal benefits of ERP?
- Integration of single source of data
- Common data definitions
- A real-time system
- Increased productivity
- Reduced operating costs
- Improved internal communication
- Foundation for future improvement
What are the external benefits of ERP?
- Improved customer service and order fulfilment
- Improved communication with suppliers and customers
- Enhanced competitive position
- Increased sales and profits
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
For my 1st exam I got a C. Then, I started looking for ways to learn better and I came across Study Smart. Since then I have scored a A+, A, A- and another A. I highly recommend it to everyone who wants to hear it. I am so happy with it!!
I was struggling to finish all my first-year subjects for 3 years. Then I discovered Study Smart, which helped me to finish all of them within 3 months.
Because of StudySmart, things are going well in many ways. Before, I always had study stress and no time for anything. Now I feel calm and confident (because of the program). I used to score a B, now I usually score an A or A+.
Hey Chris, I really want to thank you very much for developing the platform, I usually got around C for my exams, now I scored an A+, an A and a A- !!
Since using Study Smart, my average has increased significantly. I even completed a statistics course with a A+ while I'm bad at statistics. I took on extra courses this year, because of Study Smart. Thanks so much!
Ever since I started studying with StudySmart I passed all my exams !!! No more re-sits!! At first, I was happy with a pass and now I only get good grades. Many thanks!
I aced all the courses I studied with Study Smart. For law, I first scored a D, and now an A! I’m 100% sure that I’ll pass all the courses I study with Study Smart.
I always thought I studied well. My grades were fine. I could never have imagined that applying these study skills would have such a huge and direct impact on my grades, my speed and the pleasure I have in learning.
For the first time, I finally feel totally confident about the way I learn. I have the perfect overview and make great progress in terms of speed and the grades I get. Thanks, Chris!
I immediately started to enjoy learning again, and my grades soared. All of a sudden, everything went better. I highly recommend Study Smart to all students..
Being able to create my materials online made the process of studying so much smoother and quicker. I no longer have to spend a huge amount of my time on creating my summaries.
At first, my notes were a mess. Now I use Study Smart to take my notes in a perfectly structured way. It helps me to save a lot of time and do other things I enjoy.
Students that study with Study Smart get better grades. The system applies all the learning methods in such a way that both well-performing students and students who struggle perform much better.
Hi Chris, I would like to thank you very much. Last year I scored C on a course, and this year I got an A+ thanks to your method! Thank you very much!
The largest effect is that my child is more enthusiastic about school! Every parent wants their children to be happy at school, Study Smart made it happen.
In high school, I failed several exams, and that has really changed now. I actually needed this tool very much back then. Since I started studying with StudySmart, I haven't had any D's. My average score is now an A and those are results I would have never had in the past
With my old method, I passed only 3 out of 8 courses. Since I started taking my notes digitally in Study Smart, I have passed all my courses on the first try. For me, StudySmart takes away the stress of wondering if I will pass or not.
Thanks to StudySmart, I passed all my exams, and with better grades than before! On top of that, I have mastered a very good study method now, which I am confident will help me earn my degree.
What are examples of intangible benefits of an ERP system?
- Improved decision making
- Improved data quality
What are two outcomes of improved data quality?
- Primary processes will run better, which eventually will result in improved business performance
- Your reporting will be better, which makes the compliance increase
What are the five important selection steps?
- Vendor Research
- Needs and Requirements Assessment
- Requests for Proposals
- Vendor Analysis and Elimination
- Contract management en License Agreements
What are two fundamental issues that become important with ERP selection?
- How to capture the business needs and requirements?
- How to make a business case based on intangible benefits?
Why is the Go Live deadline so important?
What activities does postproduction support entail?
- Data validation
- Data correction
- Patches and fixes
- New features; upgrades
What are possible hidden outcomes when implementing ERP system?
- Organisational power shifts
- Imposition of work methods
- Get more done with fewer people
- Big impact on how people work
What are the possible objections for the capital investment appraisal techniques ?
- Different gourds have different objectives and expectations
- Conservatism
- Discount rates r
- Dependence between projects
What are the proposed procedure steps with regard of the article of Wei et al., 2005?
- Form a project team and collect all possible information about ERP vendors and systems
- Identify the ERP system characteristics
- Construct a structure of objectives to develop fundamental objective hierarchy and means objective network
- Extract the attributes for evaluating ERP systems from the structure of objectives
- Filter out unqualified vendors by asking specific questions, which are formulated according to the system requirements
- Evaluate the ERP systems using AHP method
- Discuss the results and make a final decision
What are fundamental objectives?
What are the advantages of the AHP approach?
- Makes ERP objectives consistent with corporate goals and strategies
- Decomposes complex ill-structure ERP selection problem into simpler and more logical judgments of attributes
- Knowledge of the structure of objectives helps to:
- Identify company requirements
- Develop appropriate system specifications
- Indicate how outcomes should be measured
- Identify key points to consider in the decision process
- The approach is flexible and allows for changes during evaluation
- It helps to reach consensus among multiple decision makers
- Mitigates resistance and invisible costs in the implementation stage
- It reduces costs during the selection phase
What are the four main intangible benefits in IT investment?
- Internal improvement = changes in production process, production value, process chain resulting in increased output or lower production costs
- Customer oriented intangibles = more difficult to measure because their effectiveness is determined by external forces. Benefits: greater retention of customers and customer satisfaction
- Spotting market trends/Foresight = If new trends can be anticipated, then technology may be able to transform or create products, processes or services to gain new sales and market position
- Adaptability to change = Adapting products and services to market trends (necessary in fast changing markets)
What is there to tell about intangible assets?
How to value intangible assets?
What are different capital that form intangible assets?
- Human capital: skills, talent, and knowledge of employees
- Information capital: databases, information systems, networks, and technology infrastructure
- Organisational capital: company's culture, its leadership, alignment of people with strategic goals, employee's ability to share knowledge
What is strategic readiness?
What are seven strategic behavioural changes?
- customers
- innovation
- results
Behaviours that support strategy execution are those that increase employees understanding of the company's
- mission, vision and values
- accountability
- communications
- teamwork
What are expected costs of ERP?
- Investments
- License fees
- Hosting costs
- Maintenance costs
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
