Accelerating Global Transformation: AI Integration and Salesforce Rollout for HR Services Leader

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But how much do you really know about your investment projects?

The average cost of investment in Enterprise Resource Planning (ERP) technology is reported to be between $2,000 & $18,000 per user (over a 5 year period). Let’s call it $10,000 for round number purposes.

So, if you’re a business with 1000 users, you are looking at an approximate 5-year Total Cost of Ownership (TCO) of $10 million or $2 million annually.

Not an insignificant investment.

Knowing that there is so much more than just finances at stake, how confident are you that your investment projects are truly on track?

You wouldn’t be alone if you often find yourself questioning your software vendors, and system integrators.

• How deep are your relationships with and trust in your staff & vendors?
• How about your own Project Managers / PMO – do you feel that they are (able to be) 100% honest with you?

There are many stories & case studies stating that 70% of all projects fail. Many of you have read or heard about them.

But when it comes to truly knowing project status & risk, most executives lack the real truth to make informed decisions.

Are you willing to sink a $10 million investment?

If you are concerned about your technology investments, call us today.

You may not like what you hear but we’ll tell you the truth. And if your projects aren’t where you need them to be, we’ll help you to resolve your current situation.

Call 844 427-7762 or visit us at approach-consulting.com for more information.

The post How confident are you that your business & technology investments are truly on track? appeared first on Approach Consulting.

Leading Seattle metropolitan area health system shares its experience, advice for others.

For immediate release.

November 19, 2020:

Tampa, FL based Approach Consulting, a leading Healthcare Advisory and Consulting firm since 2010 with global experience and focus on enabling client success in Technology, ERP, Digital Transformation, and Organizational Change investments, was selected by Overlake Medical Center & Clinics (Overlake) as its ERP Software, Implementation Services Evaluation and Organizational Change Partner.

Of the company’s recent experience in successfully implementing Workday as its new Enterprise Resource Planning (ERP) platform, Overlake Chief Information & Technology Officer Scott Waters said,

“Everything is built on trust. You have to trust the organization you are working with. They have to have the same sensibility and mission. They have to understand your mission, your organizational mission, and what the culture is that you have in place at your organization. I think that is critical.”

For their part in ensuring a wholly independent and objective evaluation process, and as Overlake’s Organizational Change Partner for their Workday implementation, Approach Consulting’s Chief Executive Officer Christopher Gunn stated,

“In a time when hospitals remain under extreme pressure as a result of the enduring pandemic, strategic investments in enterprise technology have never been more critical to further mature organizational capabilities and to mitigate continuing risk.

With reported clinical equipment shortages, worsening patient health and staff burnout on many healthcare administrators’ daily list of concerns to solve, ensuring that their organizations are optimized to succeed with transformation is paramount in achieving clinical and financial outcomes.”

A full transcript of the testimonial can be found here. An audio version of this transcript is available upon request.

About Overlake Medical Center and Clinics

Overlake Medical Center & Clinics is a nonprofit regional healthcare system based in Bellevue, WA serving the Eastside community since 1960. The health system includes a 349-bed hospital and a growing network of primary, urgent and specialty care clinics located throughout the region.

About Approach Consulting

Since 2010, Approach Consulting is a privately owned, trusted, independent, and objective Consulting company providing Business and Technology Advisory, Organizational Transformation and Project-based Services.

We are proud of our immense success and value in helping companies with their Enterprise Software Evaluations, RFP Development & Management, Digital Transformation, Change Management, Project Risk Management, M&A/Divestiture/Consolidation Enablement & Interim CIO/Technology Leadership needs.

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Uncomfortable truth: most won’t!

Testimonials can do so much for so many; not least remind us how grateful we are for the incredible partnerships we’ve been so fortunate to develop over the years.

We recently discussed our RFP Development & Management Services for the evaluation of Enterprise software & implementation partners, and our Organizational Change program development/delivery Services with a hospital client CIO, who so kindly stated, “these are the true success stories for your organization and ours:

Your willingness to invest your own time & energy to really learn about our organization and what makes us unique is truly refreshing for a consulting firm. Our outcomes were significantly improved because of your desire to invest in us.

Not being afraid to teach someone how to fish (how to learn about, build, implement & effectively use Organizational Change competencies across our organization) so that we can be better at leading change, and don’t have to bring in a consulting partner every time we need to change, is extremely valuable to us. This approach is extremely rare for a consulting firm to take; especially so when this typically equates to less revenue opportunity for you!

Our return on Organizational Change investment is truly paying dividends. Not only were we much better prepared for the changes we needed to make as individuals and as an organization as a result of investing in our new ERP, we were in fact so much more enabled to absorb & embrace organizational & technology change impacts stemming from our global pandemic.”

Helping our clients to ensure the best outcomes for their organizations and their people is what we do best. And is what we love to do, every day!

If your consulting partner doesn’t teach you to fish, you may want to look elsewhere.

The post Does your consulting partner teach you to fish? appeared first on Approach Consulting.

According to the Freelancers Union, freelancers aren’t just shaping the future of work, they are the backbone of the economy.

More than one in three American workers freelanced last year, contributing $1 trillion to our economy.

Most of them freelance by choice. Almost 80% believe freelancing is better (than traditional employment).

But not everyone cares for freelancing.

There are some definite pros and cons of hiring an employee.

Firstly, you have to offer them benefits (an expense to you if they sign up; most do), and pay for their time when they are not delivering value for you (holidays, sick time, when they are surfing the internet on your dime, etc.).

Secondly, those looking for employment might not align with your talent or timing needs. With the gig economy growing ever larger by the day, you have so much more access to talent now than ever before.

But if you are that way inclined, one of the benefits is that they’ll be available to work on whatever you need them to, for all of the hours that their employment agreement allows.

Believe it or not, determining whether you need an employee or a consultant to help you, often boils down to YOUR personality type!

Yes, you heard right.

Even though we’d all like to admit otherwise that we’re considering wider implications such as cost, benefit, tax implications etc., most of our hiring decisions are typically based on our own egos.

Are you a micro-manager or a leader?

To coin a phrase, if you are the type of person who must have “butts in seats” so that you feel you are deriving value (even though it is most likely detrimental to your own productivity & value), then you are probably a micro-manager.

Seriously ask yourself if you really have the time or need to micro-manage your people?

Is it valuable to your company, your own professional development, their capacity to add value to your team?

Alternatively, if you consider yourself a leader, you will likely put a premium on time & want to achieve specific outcomes by setting general direction and then enabling those smarter than you to “get it done”.

Consultants will typically have more experience & success (in the specific area you need help with) than you or your teams. To that end, they will help you to mitigate your risk, and for sure will tell you when things aren’t going so well; you are paying them by the hour, they have no incentive not to be proactive, especially if they value their productivity and want you to call on them again!

Employee or consultant, figure which you need (not what your ego tells you)! This Entrepreneur article does a good job of further helping you to think through your decision making.

The post Do you need an employee or a consultant? appeared first on Approach Consulting.

According to CIO magazine & some of its contributors, it is a necessary disruption.

Would you agree?

Per IDC research from May 2020:

“Global spending on digital transformation technologies and services will grow 10.4 percent in 2020 to $1.3 trillion, despite budget concerns triggered by the COVID-19 outbreak.”

Without question, many of us are accelerating our Digital Transformation (DT) efforts due to opportunities presented by the global coronavirus pandemic.

Us included.

Like we hope many others have done and are doing, we opted to get creative & innovative for our customers.

Founder & CEO Christopher Gunn upon launching our new website yesterday (September 17, 2020) said:

“With 2020 affording us so many opportunities to get creative & invest in innovation for our customers, we’ve simplified our Services portfolio to promote our new contactless era of business operations, personalized our experiences, and enabled our customers to schedule & procure directly from our website.”

Have your own definition of Digital Transformation

We’ve shared our version elsewhere on our website to serve as a starting point for those struggling to define what theirs should be.

Indeed, ours is not the be all end all. We are but one external perspective; critical insights for our customers offer objective points of view to create additional value in their decision-making process.

So that you can be even more informed if you’re embarking upon or in the middle of your DT journey, here’s the view of a number of others from across media, educational institutions, insurance retail, technology, consulting & beyond.

Insight positions us all to be better enabled to make informed decisions!

What DT tips and insight would you share with others to help them with their journey?

The post What is digital transformation? appeared first on Approach Consulting.