You have no items in your shopping cart.

Maximizing Return on Investment Using ERP Applications

Maximizing Return on Investment Using ERP Applications

  • Author:
  • Publisher: John Wiley & Sons
  • ISBN: 9781118422298
  • Published In: September 2012
  • Format: Hardback , 211 pages
  • Jurisdiction: International ? Disclaimer:
    Countri(es) stated herein are used as reference only

List Price: HKD 950.00

HKD 921.50 Save HKD 28.50 (3%)

Delivery Time: around 1-2 weeks
Extra 2-10 working days if shipping address outside Hong Kong
Free delivery Hong Kong?
Hong Kong: free delivery (order over HKD 1000)
OR
  • Description 
  • Contents 
  • Author 
  • Details

    Step-by-step guidance to achieving maximum return on investment for your company

    Written by Arthur Worster, Thomas Weirich, and Frank Andera, industry experts at the forefront of the business processes arena, Maximizing Return on Investment Using ERP Applications provides accountants, IT executives, and finance professionals with a new way of looking at enterprise resource planning (ERP)-driven business improvement programs. This timely book explores how leadership can view its organization as an integrated enterprise and what this change in perception might suggest. It considers various aspects of running a business and how a different approach may present new insight.

    • Incorporates all aspects of gaining "Return on Investment" from ERP investments
    • Considers change management from all angles, including working with the executive levels on defining return on investment cases, working through political and cultural issues at the executive leadership level
    • Includes a companion website featuring exercises, reference materials, and case studies

    With the rapid implementation of ERP systems worldwide, business executives often have difficulty in determining the return on investment from such systems. Along with a companion website featuring exercises, reference materials, and case studies, Maximizing Return on Investment Using ERP Applications offers straightforward and hands-on guidance to lead your organization through the change process and ensure that the intended benefits can be achieved.

  • Preface xiii

    Acknowledgments xxvii

    Introduction 1

    Action 5

    Thinking 6

    Context 6

    PART I A LEADERSHIP PERSPECTIVE 9

    Chapter 1: The Law of Unintended Consequences 11

    Introduction 11

    What Is the Law of Unintended Consequences? 12

    Management Systems 14

    The Challenge 23

    Summary 24

    Notes 25

    Chapter 2: Leadership and Change in an Integrated Business World 27

    Introduction 28

    The Universe Outside, the Universe Within 28

    The Journey 29

    The Evolution of Integrated Programs for Continuous Improvement 31

    A Deeper Look into Integration 32

    MRP II Comes to the Mainstream 32

    The Move to IT-Related Applications Solutions 34

    Leaders and the Leadership Gap 35

    Summary 41

    Notes 42

    Chapter 3: A Historical Business Perspective of ERP 43

    Introduction 43

    Legacy Systems (19601970/1990) 45

    It’s All about the Back Office: Getting a Single Version of the Truth (19701990) 46

    Improving the Business (19902000) 47

    The Business Suite: Enriching the Functionality (19962005) 50

    Getting Information and Analysis out of the Data Ocean (19972007) 51

    Corporate Reporting and Dashboards (2007Today) 52

    The Era of Governance: Implications for the Future 53

    Summary 54

    Notes 59

    PART II CONTEXTUAL ANALYSIS 57

    Chapter 4: Return on Investment—Developing the Business Case 59

    Introduction 60

    Example 1: Cost Reduction 61

    Example 2: Greater Manufacturing Capacity Leading to Increased Sales 63

    Providing Business Value to an Enterprise 64

    Summary 74

    Note 75

    Chapter 5: Business Process Analysis 77

    Introduction 77

    Where Are We Headed? 78

    Business Process Design 80

    Process Understanding Reveals Complexity 82

    Business Process Management 83

    Skills to Include 84

    A Plan for Action 89

    Summary 90

    Notes 90

    Chapter 6: Business Culture, Politics, and Organization 91

    Introduction 91

    Cultural Barriers and Enablers 92

    Keys to Understanding Culture, Politics, and Organization 94

    Compiling Insights Gained 102

    Relating These Insights to the Project Itself 103

    Summary 105

    Notes 105

    Chapter 7: IT Strategy Review 107

    Introduction 107

    An Example of a Flawed IT Strategy 108

    What the Introduction of ERP Meant 110

    A Better Way 111

    Empowering the Future by Optimizing the Past 117

    Summary 118

    Note 119

    Chapter 8: Workforce Education and Readiness 121

    Introduction 121

    The Workforce as a Learning Organization 122

    Workforce Education 125

    Business Education in an Integrated Business World 130

    Summary 133

    PART III A NEW PROGRAM GOVERNANCE APPROACH 135

    Chapter 9: Integration of Organizational Needs 137

    Introduction 138

    Approach to the Analysis Process 140

    Consolidation 146

    Summary 148

    Chapter 10: Developing a Governance Process 149

    Introduction 150

    Leadership Challenges 150

    Program Governance Process 151

    Continuous Improvement Programs 160

    Summary 163

    Chapter 11: Organizational Change Management 165

    Introduction 165

    Expanding the Role of OCM 166

    Organizational Change Management with Leaders 168

    The Trusted Adviser 169

    Change Management Process 170

    Summary 177

    Chapter 12: Conclusions and Opportunities 179

    The Journey 179

    The Next Step 181

    Leadership 183

    The Path Forward 184

    The Law of Unintended Consequences 186

    How Insights Relates to Manufacturing 191

    The Story Is Economic 191

    Summary 192

    Notes 193

    Postscript 195

    About the Authors 201

    About the Website 207

    Index 209

  • ARTHUR J. WORSTER is President of Worster Associates, LLC. As a business executive and later a global consulting leader, he developed and utilized methodologies to implement IT-supported change in Fortune 500 companies. He has also served as program consultant to a number of companies and executives.

    THOMAS R. WEIRICH, PhD, CPA, is the Jerry and Felicia Campbell Endowed Professor of Accounting at Central Michigan University (CMU) and former chair of its School of Accounting. He has public accounting experience with both international and domestic firms and has served in the Office of Chief Accountant at the U.S. Securities & Exchange Commission.

    FRANK ANDERA, EDD, is professor and past chairman of the Department of Business Information Systems at Central Michigan University. He is the Director of the SAP University Alliances program at CMU and an active member and participant in SAP University Alliances international and statewide programs.

You may also be interested in these books:

Hong Kong Taxation and Tax Planning, 20th Edition
Hong Kong Taxation and Tax Planning, 20th Edition
HKD 370.00
Hong Kong Tax & Accounting Practical Toolkit (Basic Package)
Hong Kong Tax & Accounting Practical Toolkit (Basic Package)
HKD 3,000.00
The Hong Kong Company Secretary's Handbook: Practice and Procedure (11th Edition)
The Hong Kong Company Secretary's Handbook: Practice and Procedure (11th Edition)

List Price: HKD 535.00

HKD 518.95 Save HKD 16.05 (3%)

Accounting Desk Book (2021)
Accounting Desk Book (2021)

List Price: HKD 3,520.00

HKD 3,414.40 Save HKD 105.60 (3%)

Hong Kong Company Law & Compliance Practical Toolkit (Basic Package)
Hong Kong Company Law & Compliance Practical Toolkit (Basic Package)
HKD 4,000.00
PwC Manual of Accounting IFRS 2021 Set
PwC Manual of Accounting IFRS 2021 Set

List Price: HKD 2,227.20

HKD 2,160.38 Save HKD 66.82 (3%)

China Master Tax Guide 2021 (14th Edition)
China Master Tax Guide 2021 (14th Edition)

List Price: HKD 1,680.00

HKD 1,629.60 Save HKD 50.40 (3%)

Ernst & Young's International GAAP 2021
Ernst & Young's International GAAP 2021

List Price: HKD 2,200.00

HKD 2,134.00 Save HKD 66.00 (3%)

CPA's Guide to Effective Engagement Letters (14th Edition)
CPA's Guide to Effective Engagement Letters (14th Edition)

List Price: HKD 2,620.00

HKD 2,541.40 Save HKD 78.60 (3%)

威科先行 • 财税信息库 (双语专业版)
威科先行 • 财税信息库 (双语专业版)
HKD 24,496.00
Financial Instruments: A Comprehensive Guide to Accounting & Reporting (2021)
Financial Instruments: A Comprehensive Guide to Accounting & Reporting (2021)

List Price: HKD 5,620.00

HKD 5,451.40 Save HKD 168.60 (3%)

China Master GAAP Guide (11th Edition)
China Master GAAP Guide (11th Edition)

List Price: HKD 1,500.00

HKD 1,455.00 Save HKD 45.00 (3%)

Hong Kong Master GAAP Guide, 15th Edition
Hong Kong Master GAAP Guide, 15th Edition

List Price: HKD 1,500.00

HKD 1,455.00 Save HKD 45.00 (3%)

Individual Income Tax Planning for Expatriates in China, 6th Edition
Individual Income Tax Planning for Expatriates in China, 6th Edition

List Price: HKD 1,280.00

HKD 640.00 Save HKD 640.00 (50%)

Hong Kong Company Secretary Checklist
Hong Kong Company Secretary Checklist

List Price: HKD 788.00

HKD 764.36 Save HKD 23.64 (3%)

Concise Guide: Compliance and Company Secretarial Practice of Hong Kong Private Companies (e-Book)
Concise Guide: Compliance and Company Secretarial Practice of Hong Kong Private Companies (e-Book)

List Price: HKD 1,910.00

HKD 1,852.70 Save HKD 57.30 (3%)

Compliance and Company Secretarial Practice of Hong Kong Listed Companies
Compliance and Company Secretarial Practice of Hong Kong Listed Companies

List Price: HKD 1,270.00

HKD 1,231.90 Save HKD 38.10 (3%)