CFO's tag archives

Corporate and Personal Liability for Fake Consultants

Too many companies have not considered the potential legal liability to shareholders or other company stakeholders for having "fake" consultants at involved in their company IT projects.  This can be applied personally or coporately for the fake IT "professionals" that vendors and placement firms bring to company projects.  By not conducting sufficient due diligence in screening vendor resources, or for inconsistent labor practices there is a much larger potential for liability than many rea...

Competitive Pressures and Value Propositions, Is Lean the Answer?

Modern technology has lowered the barrier to entry for new competitors by allowing international outsourcing, greater agility, quicker product design to market, and specialized focus on niche markets causing more market fragmentation and specialization. Customers have a wide variety of information from sellers and the Internet about products, design, services, options, pricing, and availability.  Things are more dynamic than ever. Because of the pace of change, focusing on “best practices...

The Real Reason Executive Participation Creates IT Project Success

Since I started in the SAP (ERP) arena in 1994 I've heard it often repeated, reiterated, studied, and pronounced that one of the key criteria for IT project success is executive participation.  That mandate applies to any large scale project, whether it is ERP, CRM, APO, SOA, BI, or other solutions. Many implementation companies wrongly believe this is because the executive brings a measure of authority and visibility to the project and that is the key reason for executive participation.  Th...
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