Skip to main content

I am Back - So is the more analysis

Hello -

Feeling good to restart my blogging, as I missed lot many discussion topics that happened in last 6 months. I took a break. One strong reason was - I was working on my Harvard Manage Mentor course. Yes - and I did that successfully. These were 21 extensive management courses that one needs to complete before you earn that. And despite having all hectic activities, my customer visit travels - I did that. This gives me immense strength now in terms of my professional attitude, working behavior, how I look at peers, How I look at stress and everything around. Earlier I used to take all the work on my head without even thinking whether I am supposed to do it, or I am getting recognized for it - now I am more cautious. So change is there. Thanks to Harvard and Mahindra Group for providing me this opportunity to look inside.

Now about analysis - Yes there are lot of happenings in the Enterprise Perfromance Management world - and I have lot to write on that one. There are acquisitions and mergers, new ideas floating around, new products taking shape. So we will start taking look at some of that starting today. So stay tuned again.

Comments

Post a Comment

Popular posts from this blog

Master Data Management – Product or Process ?

I have 2 SAP systems and I want to fix my material master, Services Master. I want all that data to be clean, standardized, classified, enriched and load it back to my SAP in next 6 months. What do you suggest ? Chris - one of my key client was explaining during a “solution understanding” call. My sales manager Tom, enthusiastically started talking about new version of the MDM platform by ERP company, tools, technologies, product landscape, licenses etc. After 30 minutes of sales pitch, I could see confusion on Chris’s face clearly. He said - but I don’t want to add any new product in my infrastructure for all this. Can you just implement MDM for me without I adding any new software ?   Both are using MDM implementation as a keyword, but in a completely different context. Chris wants to implement MDM as a process while Tom was trying to sell MDM as a new software. Whats the difference ? Lot I will say. MDM as a product – when you sell a   software license to a...
4 comments
Read more

Data Management - Terminologies & Definitions

As a third step in my Data Management article series – lets look at commonly used terminology in the domain. Now these are very standard definitions I am quoting from a standard available glossary. The next step – next article would be to explain the relevance and usage of these terminology in business world. E.g. How to look at data standardization in supplier data context or material data context – when it comes to optimizing your procurement processes. That’s next. In my first article in this data management series –I compared data management with the story of elephant and seven blind men. http://manageyourdata.blogspot.in/2012/09/data-management-elephant-seven-blind-men.html The second post is more about – why its important to speak same language when you are running any data management initiative.   http://manageyourdata.blogspot.in/2012/09/data-management-are-we-all-speaking.html Data analysis : Analysis of data is a process of inspecting, cleaning, transfo...
1 comment
Read more

Journey of procurement transformation begins with..….. Part II

 Original Blog post - https://www.linkedin.com/pulse/journey-procurement-transformation-begins-part-ii-prashant-mendki Procurement transformation journey is complex, cross functional, time consuming and even frustrating at times. The very basic but a strategic step to start this journey is “Spend Analysis”. Again – this has to be done in a right way to get the potential benefits. We talked about that in first part of this article https://www.linkedin.com/pulse/journey-procurement-transformation-begins-part-i-prashant-mendki By definition – Spend Analysis is an analysis of your spend (invoice paid), what items you are spending on (product), who you are paying to (supplier). It looks really simple – no? When I worked with one of the large Media Entertainment company few years back, they had thousands of suppliers, millions of transactions, good amount of Maverick spend. It’s a global business with more than $2Bn in Spend, 12 different global systems. Thousands of trans...
Post a Comment
Read more