That Old House

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When you moved into the new house, everything was clean, uncluttered, and ready for you to personalize and adapt to meet your needs. So it is when you first implement an ERP system. However, many people bring with them boxes of things no longer needed – data and structures from their legacy system that were once required or that the users have simply become accustomed to. Once you move into the house, you begin accumulating stuff that looked like a good idea at the time, but now sits in a corner and collects dust. Even worse, those obsolete items need to be moved and re-boxed, and every time you need something, you might spend hours or days looking for it. Feng shui practitioners believe that clutter is low, stagnant, and confusing energy that drains energy from you. Depending on the area of your home where your clutter is located, it can also negatively influence, or even completely block, the flow of events in specific areas of your life. Once again, there are many parallels to an ERP system.

That Old House - BoxesMultiple Charts of Accounts or Org Units clutter the business processes and take effort to create workarounds. Hours and days are spent reconciling spreadsheets looking for data that you know is there, but that is “boxed” so that it is not easily found. ERP clutter is a barrier to the sharing of information, to streamlining business processes, and to complying with statutory and regulatory requirements.

After about 10 years of living in the house, you probably need to make some major modifications to accommodate changes in your lifestyle. Maybe your family has grown and you need to add more space, maybe your children have moved out, or maybe your furnace is not as energy-efficient as you’d like and is costing you a lot of money. Similarly, after a number of years, your ERP system needs to be modified to continue to support your business. You may have acquired some companies, sold part of your business, or want to take advantage of new technologies. The good news is that in the same way that remodeling your house and upgrading your appliances adds value to your house, cleaning up your ERP system adds value to your business in the form of reduced operating costs, reduced hardware, and fewer people for non-value-added activities. In your house, once you clear most of your clutter with feng shui and have a clear system to avoid its accumulation in the future, you will start experiencing high energy levels, more clarity, and a heightened sense of well-being. In your business, once you clear the clutter left from years of ERP accommodations, you will start experiencing greater visibility to the entire enterprise, transparency in your financial transactions, less complexity, and the ability to drive value from new initiatives.

Click here to learn how to reduce ERP clutter...

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TEChanges - Agility by Design

May Puzzle

David is often referred to as Rainman due to his peculiar ability to effortlessly figure out a certain date's day of the week. He recently displayed this talent when I asked him if there was a conflict with the upcoming Fuzzy Dice Conference and our weekly court-ordered community service. He asked the date of the convention. It was April 20th, 2012.

"Oh, that’s a Friday," he said, effortlessly. "And your sentences have you committed for the next few dozen Wednesdays so you'll be able to go." And of course he was right.

One day a few weeks ago I asked out loud in the office about the date June 5th. And of all people, my brother Tommy piped up and said "Oh, that's a Tuesday."

"That's right," said David.

Well how about Otcober 3rd?

"That's a Wednesday," said Tommy. Then I asked about Christmas Day 2012.

"Oh, that's a Tuesday." David nodded in agreement.

Do we now have two rainmen? Or had Tommy figured something out?

Show solution...

Solution

Here's what was going on. Tommy was using something called anchor dates. And these dates apply to each and every year. April 4th, or 4/4 we’ll call it from now on, June 6th or 6/6, 8/8, 10/10, 12/12, are all the same day of the week, each and every year.

So too are 5/9 and 9/5, May 9th and September 5th. So too are 7/11 and 11/7, and all the above dates are the same day of the week, as is the last day in February, Leap Year or not. And they’re all the same day as January 4th, it would otherwise be January 3rd, but this was a leap year, and that’s changes the anchor day from January 3rd to January 4th.

Tommy also knew that New Year's Day was a Sunday. He was sobered up by then. And he knew it was a Sunday because Christmas was a Sunday in 2011, so New Year's Day is a Sunday, so the Anchor Day for 2012, January 4th, has to be a Wednesday!

So if that's a Wednesday, then 4/4, 6/6, 8/8, 10/10, 12/12, 5/9, 9/5, 7/11, 11/7, and February 29th are all the same day of the week, and they're all Wednesdays. So when I ask for example, about October 3rd, he knew October 10th was a Wednesday, 10/10. So 10/3 must also be a Wednesday. 12/12 is a Wednesday in 2012, so it’s 12/26, which is two weeks later. So 12/25, or Christmas Day, must be a Tuesday.

Success Tips for Oracle Project Management

  • Create a standard for documentation at the beginning of your project, and hold team members accountable for completing documentation requirements as well as keeping them at and above the standards required.
  • Before promulgating user documentation or training, it’s also a good idea to choose a representative from the among the business users base to review materials first.
  • If you are not sure about the resources and budget required, obtain several estimates from people that have experience with the same size and scope of your project.
  • Be explicit, before beginning the project, what internal resources are required for execution. This includes people, infrastructure, hardware, and software.
  • Help the project champion understand the impact your project will have on the organization and how its successful completion will make him or her an internal hero or heroine for supporting it.
  • Break up your project into smaller projects (try for projects that can be completed in 4-6 months, especially early on) to get success and demonstrate momentum.
  • Make sure that your testing includes reports, upstream and downstream interfaces, customizations, enhancements, and workflows.
  • Ensure that comprehensive transition reports and meetings between departing and incoming personnel are completed.
  • Instead of spending time and resources implementing third-party reporting, consider consolidating multiple instances, moving to a global chart of accounts (CoA), and/or standardizing on a consistent calendar.
  • Include governance, risk, and compliance management as part of the project plan.
  • Finally, celebrate the successes. Too many projects focus on defects, failures, or small cost over-runs without looking at the big picture and what was accomplished.

The Analyst Corner

John Van Decker, Research VP of Gartner, states:

"A single chart of accounts allows consistency in financial reporting across the enterprise by standardizing on common metrics and reporting structures, reduces dependencies on a separate financial consolidation system, and significantly reduces the costs incurred with ongoing, complex conversions and translations."