
The ERP Organizational Change Journal (Dr. Jack G. Nestell)
Explore every episode of The ERP Organizational Change Journal
Pub. Date | Title | Duration | |
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05 Jan 2023 | Episode 74: Building an ERP Strategy and Roadmap | 00:40:33 | |
About this EpisodeWe discuss building an ERP strategy and roadmap with Lisa Highfield. The title of this episode is based on a webinar provided by Lisa and her colleague Hong Kwok. We explore sound ERP strategies that lay the foundation for all other aspects of the ERP organizational change effort. ERP systems can have a significant impact on organizational performance (positive and negative). Therefore, a sound ERP strategy and roadmap have a crucial role to play in organizational success. A highlighted awareness and value placed on proper ERP strategy promotes and advocates for ERP success. In fact, some ERP research suggests that conflict over ERP organizational change strategy can lead to failed efforts as well as increased project costs and failure to deliver anticipated benefits. So, in this episode, let’s learn more about building an ERP strategy! https://episodes.castos.com/5fc108e0462768-18027408/722a89a1-5bf0-4e0f-a0bd-ee97102c50cc-Episode-74-Lisa-Highfield.mp3Lisa Highfield Research Director, Enterprise ApplicationsResearch Director, Enterprise ApplicationsInfo-Tech Research Group More About LisaLisa Highfield is a technology and business leader helping organizations connect people, strategy, innovation, and technology to desired business outcomes. Lisa’s experience spans over 24 years in IT systems administration, IT consulting, and operations management, leading information technology, human resources, and finance functions. Lisa has extensive experience in multiple industries, including automotive, higher education, manufacturing, and financial services, where she held various leadership positions. Lisa has a passion for helping businesses achieve organizational excellence. She has led organizations through transformation initiatives and has supported and implemented numerous enterprise applications. Lisa has a strong passion for culture and the people that support our organizations. Lisa holds an EMBA in Global Business, a BSc, and post-graduate diplomas in both Information Technology and Human Resources. Website: www.infotech.com Episode Mentions
Episode Highlights Timeline03:13 How would you define ERP? 03:57 It states on the Info-tech website that “Organizations often do not have an ERP strategy and roadmap in place. The focus is often on selection and implementation phases of ERP, but without a foundation and strategy in place, ERP projects are routinely reported as going over budget and, in most cases, they fail. The success of an ERP project is completely dependent on establishing and maintaining a strategic and actionable roadmap.” What exactly is a roadmap, and what makes it a good one? How does a strategy differ from a roadmap? And how does a strategy differ from a roadmap? 06:40 The ERP strategy needs to consider organizational goals, business needs/requirements, environmental factors, technology drivers, and internal (and external) barriers and enablers. But what are some of the items that organizations can do tactically to make sure that the ERP strategy is aligned with the corporate strategy? And this needs to happen not just at the leadership level but amongst all stakeholder groups. 08:42 A full Roadmap also needs to consider all aspects of an ERP endeavor to include strategy, selection, implementation, and optimization. So, the intent of a strategy is to “lay the strategic foundation that aligns organizational goals, business needs, and technology drivers”. The strategy lays the foundation for all other aspects of the change. Fair statement? 09:27 You mentioned on the webinar that “statistical analysis of ERP projects indicates rates of failure vary from 50 to 70%”. So, part of a good strategy means defining, aligning, and communicating what success is. So, suppose you are leading a kickoff meeting for an organization that is just starting an ERP implementation. How would you generally define and describe for them “success” in terms of an ERP organizational change? 13:03 You also mention that “companies that apply the principles of behavioral economics outperform their peers by 85% in sales and more than 25% in gross margin.” What do you mean by behavioral economics and how is this relevant to ERP strategy? (*This is s a good one!) 15:55 I am going to quote you because this is so true and relevant when creating and EPR strategy, you state in your Infotech webinar that “the health of the system isn’t always monitored”. Why is this idea important to an ERP strategy? 19:19 as you know, one has to be very clear at the onset and through the entire implementation lifecycle as to “why are we doing this?” and that “Each stage of the project will be difficult and present its own unique challenges and failure points. Re-evaluate if you lose sight of the why at any stage in the project.” Please explain further for our listeners. 21:34 What about process and technology maturity in an ERP strategy? In developing an ERP strategy, what roles does understanding current pain points play? Can you share with our listeners what a business capability map is and what is its relevance to building ad ERP strategy and ERP implementation? 26:23 All ERP projects should have a project champion, project advisor, Steering committee, project manager, project team, subject matter experts (internal and external), and change management specialist at minimum. How do you find the balance in terms of size of teams and who to include? How do you identify which stakeholder to include and what their role of involvement should be during requirements gathering? 29:37 What can you say about risks and contingency plans and what role would they play In an ERP strategy and roadmap? What would you say are the biggest sources of risk in an ERP strategy? 30:38 You mention a good point in the webinar about choosing the right state for the organization meaning to get from the current to future state may involve maintaining the current systems, augment current system, optimize, or transform *(good points). I believe that this is the number one first conversation in an ERP strategy conversation. Can you share with our listeners what you mean by this? 35:35 When you go through an ERP strategy and roadmap process, are there even any conflicts? Or is it more typical that is “kumbaya” process and easy? 36:58 Lastly Lisa, If you were going to give advice, or one golden nugget, to an organization preparing for an ERP implementation (or improvements) what little golden nugget would you like to leave with our listeners? More Episodes & Blog Posts Like This
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20 Jan 2023 | Episode 75: The Science of Successful Organizational Change | 00:43:45 | |
In this Episode…We discuss successful and sustainable organizational change with Paul Gibbons. Research suggests that successful and sustainable ERP change requires that executive leadership understands, evaluates, reflects upon, and improves their ability to lead ERP organizational change. Paul will share insight from his book, “The Science of Successful Organizational Change” which offers a “blueprint for change” that fully reflects the newest advances in mindfulness, behavioral economics, sociology, and complexity theory. https://episodes.castos.com/5fc108e0462768-18027408/ec359693-0460-418f-a47a-064e1572631e-Episode-75-Paul-Gibbons.mp3In his book, and website, Paul shares that “Change will never be easy. To systematically improve your odds, you need science, a framework built on science, and actionable lessons from leaders who’ve made change work.” Sustainable ERP organizational change continues to be a common and significant corporate project, the challenges can be significant. However, a sustainable organizational change program founded in science-based principles and applied research provides the organization with increased opportunities for ERP organizational change success. There are many in academia and practice dedicated to the pursuit of research and applied research to provide further theoretical and practical insight into the field of ERP organizational change success. ERP organizational change research is and should be, a diversified and multi-disciplinary and inter-disciplinary endeavor. As organizations and ERP practitioners, we benefit from learning from the work of other fields and disciplines. Moreover, the “human element” and culture component of sustainable ERP organizational change can not be understated. There are multiple levels of stakeholders in an ERP organizational change effort that are diverse in many ways. As a behavioral scientist, culture, and leadership expert, in this episode we tap into Paul’s insight and learn more on this topic! Paul Gibbons Paul Gibbons is a partner at IBM Consulting Thought leader and futurist on behavioral science, culture, leadership, and the future of workMore About PaulPaul previously advised PricewaterhouseCoopers (PwC), KPMG, and Deloitte on talent, culture, and leadership. From 2010-2020, he was on the keynote circuit across five continents, speaking on the future of business: Humanizing business, leading change, culture change, ethics, and the future of work. During that decade, he was also an adjunct professor of business ethics and leadership at several U.S. business schools. He previously authored five books, most prominently The Science of Organizational Change and Impact, the first two books in the Leading Change in the Digital Age series. Those books birthed the conversation about change mythology. The first volume of his Humanizing Business series, The Spirituality of Work and Leadership, was published in 2019. After “experimental careers” in computer science, derivatives trading, economics, and neuroscience, Paul spent eight years as a consultant at PwC before founding Future Considerations. That firm became Europe’s top leadership consulting firm working with Shell, BP, PwC, KPMG, Barclays, and HSBC, on leadership, strategy, and culture change. Paul is a fellow of the Royal Society of Arts, a hyperpolyglot, ranked a “top-20 culture guru” and CEO “super coach” by CEO Magazine. In 2000, he was elected to the U.S. Academy of Management Council, and he is a member of the American Philosophical Association, the American Association for the Advancement of Science, and the Institute for Business Ethics. Connect
Episode Mentions
Episode Highlights Timeline08:21 On your website, you share “My mission is to bring a science-based approach to culture, wellness, sustainability, the future of work, and leadership – to make practical the finest academic ideas so that business leaders can deploy those rather than dated ideas (or worse, myths.)” Please define a science-based approach and its value. 14:22 In your Book introduction, you discuss “Defenders of the faith, How to prove something works”. So, how then do organizations know that a consultant’s practice is founded on a science-based approach? 22:24 “Leadership. Most models of leadership and change were developed in the previous century and most leadership education is rooted in ideas on leadership that were birthed when organizations were different.” What are the pitfalls of using 20th-century leadership notions in 21st-century organizations? 27:02 In Chapter 1, you discuss “Failed Change: The greatest Preventable Cost to Business”. You also discuss “Change Leadership and the Human Science”; what can Human sciences tell us about the issues of failed organizational change and how it can be prevented? 36:13 In part II of your book, you discuss “How Change Strategy and Change Tactics Interact”; tell me more about the idea of mapping from strategy to tactical action! I mean strategy is one thing, being able to execute against that strategy tactically is a whole new ball game. And, Leave our listeners with your golden nugget of advice for an ERP organizational change effort. More Related Episodes & Blogs Post Related to Sustainable ERP Organizational Change
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01 Feb 2023 | Episode 76: Changing Your Company from the Inside Out: A Guide for Social Intrapreneurs | 00:45:37 | |
Episode Focus: How Social Intrapreneurs influence positive Organizational ChangeWe have a fun topic and idea! We discuss organizational culture and how Social Intrapreneurs influence positive organizational change. More specifically we discuss innovation and the concept of “social movements” within organizations as a mechanism to lead positive change. In this episode, we explore “Changing your company from the inside out: A guide for social intrapreneurs” with Christopher White. (This is the title of our guest’s book, along with his co-author Gerald F. Davis). Please join us for this episode as we discuss implementing tactics for positive organizational change. We will explore organizational culture, “good” leadership, social intrapreneurs, social networks, driving effective organizational change and more! https://episodes.castos.com/5fc108e0462768-18027408/acace27a-d14e-4243-aa9f-412b145fc888-Episode-76-Chris-White.mp3Chris White Principal at Riverbank Consulting GroupMore About ChrisChris has been leading and consulting to purpose-driven organizations for more than 20 years. He is co-author of Changing Your Company From the Inside Out (HBR Press), and recipient of the Aspen Institute’s “Ideas Worth Teaching Award” for excellence in business education. His thought leadership has been widely featured, including by TED, HBR, Forbes, Fast Company, Inc., and Chief Executive magazines. He is proud to be a Faculty Associate at the Center for Positive Organizations and adjunct faculty in Management & Organizations at the University of Michigan’s Ross School of Business Chris fundamentally believes that workplaces can and should be vehicles for people to learn, grow, create, connect, and contribute to meaningful outcomes. But over time, sometimes they can get blocked. With the right approach and commitment, they can be unblocked – leading to better results and experiences for everyone involved Chris is based in Ann Arbor, Michigan, with his wife Katy, kids Crosby and Kaylie, dog Ringo, and cat McCatney. Connect
Episode MentionsDenison, D. R., Haaland, S., & Goelzer, P. (2003). Corporate culture and organizational effectiveness: Is there a similar pattern around the world. Advances in Global Leadership, 3(2), 205–225. https://doi.org/10.1016/S1535-1203(02)03011-3 Annamalai, C., & Ramayah, T. (2013). Does the organizational culture act as a moderator in Indian enterprise resource planning (ERP) projects? An empirical study. Journal of Manufacturing Technology Management, 24(4), 555–587. https://doi.org/10.1108/17410381311327404 Kotter, J. P. (2017). What leaders really do. In Leadership perspectives (pp. 7-15). Routledge., https://www.taylorfrancis.com/chapters/edit/10.4324/9781315250601-2/leaders-really-john-kotter Gladwell, M. (2016). Tipping Point: Wie kleine Dinge Großes bewirken können. Goldmann Verlag.
Episode Highlights Timeline04:36 How would you define organizational culture? 05:01 On your website, “We believe an organization’s leaders often have the raw ability to create cultural change, but they may need support and coaching to make it work in practice.” How would you define good leadership? 06:44 What impact does good leadership have on organizational change? How do we know? 10:29 What is a social intrapreneur? 12:17 Let’s dive deeper, what is a social innovation and where does it come from? And how is the social innovation idea important to organizational change? 16:59 Your book shares that “Successful social movements tend to follow a playbook that can be seen as answers to four questions”; When is the right time for a change? (And how do you know?) Why, and how do you make the case for change? Who should be involved and what are the social networks? And How should they organize to press for change? So, can you tell our listeners more about the answers to these four questions? 36:25 Since organizations are built by people, and people have emotions, do emotions have a place in effective organizational change? And how do you address it? 38:04 From the website “Strategic Implementation”, “We believe the process of cultural change needs to be authentic and human”, How do you do this tactically 42:21 Lastly Chris, If you were going to give advice, or one golden nugget to an organization preparing for an ERP organizational change, what take-a-way would you like to leave with our listeners that could benefit them and their organization? Related Episodes
Related Blog PostsStrategic Engagement of ERP Stakeholders: A Key to ERP Implementation Success ERP: The Quarter-Inch Drill Bit “Either you manage the culture, or it manages you.” (Dr. Edgar Schein)* Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... About Nestell & AssociatesWhere People, Processes, and Technology Align Nestell & Associates is a strategy and management firm. We can help you take your portfolio companies to the next level by demonstrating how to execute a scalable, methodical, and disciplined approach to ERP Organizational Change and Digital Transformation success. Work With Us!Nestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
29 Mar 2023 | Episode 77: Organizational Culture and Effective ERP Change Management | 00:51:09 | |
Organizational Culture and Effective ERP Change ManagementIn this episode In this episode we discuss effective ERP change management. We talk with Daryl Conner, founder of Conner Partners, a renowned consulting firm specializing in strategic change. Our conversation revolves around how organizational culture and leadership can impact effective ERP change management. Drawing from his decades of experience advising and executing successful change initiatives, Daryl shares valuable insights on effective strategies and tactics for driving effective ERP change management, as well as ways to measure organizational culture. We discuss the importance of a flexible but structured approach, the role of leadership in effective ERP change, and the impact of culture on mergers and acquisitions. Whether you’re a private equity partner, a business leader, or involved in ERP implementation and digital transformation, this episode provides valuable lessons on driving successful change in your organization. https://episodes.castos.com/5fc108e0462768-18027408/03f56291-0842-41e9-9f1c-4e0fd596d3db-Episode-77-Daryl-Conner.mp3Daryl Conner Advisor | Author | Speaker Chairman – Conner AdvisoryMore About DarylDaryl Conner is chairman of Conner Partners, an Atlanta-based consulting firm that specializes in transformation implementation. He is an internationally recognized leader in organizational change and serves as an advisor and mentor to senior executives around the globe. He founded ODR®, a training and consulting firm specializing in change management, in 1974. In 2004, he re-launched the company as Conner Partners, incorporating ODR’s tools and methodologies into a larger framework called Strategy Execution. In 40 years of practice, Daryl has worked with many of the most successful organizations in the world, including Fortune 500 companies, government agencies, and nonprofit institutions, to help them achieve the full intent of their most urgent and critically important initiatives. A dynamic public speaker, he has addressed thousands of executives in corporate settings, national conferences, and public programs. His work is built on a strong foundation of research, extensive consulting experience, a master’s degree in psychology, and a deep spiritual focus. He has authored two books—Managing at the Speed of Change (Random House, 1993) and Leading at the Edge of Chaos (John Wiley & Sons, 1998)—and more than 250 publications, including journal and magazine articles, monographs, book chapters, and videos. Daryl’s blog, change thinking, is written for change management professionals who want to raise the level of their game and that of the field of change execution. Daryl also holds a faculty position on the Masters of Organizational Leadership program (MAOL) at the Center for Leadership Studies. In 2007, Daryl and the firm were honored with the International Spirit at Work award, which is given annually to companies that exemplify a deep commitment to nurturing the human spirit. Connect
Episode MentionsArticle: “Organizational Culture and its impact on transformational change” Episode Highlights Timeline01:59 Daryl’s introduction04:53 More About Conner PartnersCan you tell us a bit about Conner Partners and your role there? 06:00 Can you define what we mean by “organizational culture”?08:28 Segment 1: Organizational Culture and its Impact on Transformational Change08:46 In one of your articles ‘Organizational Culture and Its Impact on Transformation Change’, you mention that organizational culture can either facilitate or hinder change efforts. How can organizations identify and address cultural barriers to change?” 13:29 Can you share an example of an organization that has successfully transformed its culture to drive change? 17:23 Segment 2: The role of leadership in change execution17:33 What insight can you share in terms of how leadership style impacts change initiatives? 23:24 In ‘Organizational Culture and Its Impact on Transformation Change’, you explore the role of leadership in shaping organizational culture. How can leaders create a culture that supports successful change initiatives?” What are some strategies leaders can use to align culture with change initiatives? 28:35 Segment 3: Stakeholder engagement: Key to Success28:51 How important are stakeholder engagement and communication in driving successful change? 32:46 How can leaders balance the need for strategic direction with the need to listen to and incorporate feedback from stakeholders? Engagement and value feedback? 38:55 Segment 4: Strategy and tactics for Succesful Change39:33 In your books, you also talk about the importance of defining outcomes and developing a clear plan to achieve them. How can this approach benefit organizations undergoing transformational change?” Maybe asked a different way, what can you share in general about Strategy and then tactics for successful change execution? 42:24 How does Conner Partners approach change execution, and how does it differ from other firms? 44:59 How can organizations measure their culture and track progress toward desired outcomes? Recap46:50 GOLDEN NUGGET: What are the key takeaways you want listeners to remember from our conversation? 48:05 Jacks Conversation Round-up Related Episodes
Related Blog PostsERP Organizational Change Culture: Much More Than a Buzzword ERP Leadership Matters: Leadership Theory and Practice Reflection The Role of Learning in ERP Organizational Change Success Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... Struggling with change execution in your organization?Reach out to our Organizational Change Management experts! We can help you align your strategy with your culture and leadership, implement effective tactics and tools, and measure your progress toward successful change. Contact us to learn more and schedule a consultation today. About Nestell & AssociatesWhere People, Processes, and Technology Align Nestell & Associates is a highly specialized IT and ERP change management consulting firm that serves as a business-savvy, tenured, and highly technical-proficient business partner to private equity firms. We provide expert vendor-neutral IT and ERP services necessary to support their business objectives. Our team of experts excels at organizational change, preparedness, and digital transformation success. Our approach has been proven to be successful by focusing on key areas such as organizational culture, change, and readiness, we’ve helped our clients achieve their IT and ERP business objectives from improving IT security to managing complex transformational M&A initiatives. We are passionate about helping our clients succeed and achieving positive outcomes. Our goal is to provide the most efficient, organized, experienced, and productive professionals in the industry to implement processes, resources, and technology that will give our private equity partners a competitive advantage and deliver real return on investment. Learn More!Nestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
05 Apr 2023 | Episode 78: “Jobs-to-be-Done” & ERP Change | 00:48:37 | |
In this episode: We look at Jobs-to-be-Done Theory for ERP Organizational Change SuccessWe talk with Tony Ulwick, the author of “Jobs-to-be-Done: Theory to Practice” and the CEO of Strategyn. The discussion focuses on how Jobs-to-be-Done Theory can be used to drive innovation in large-scale ERP organizational change. Ulwick shares his insights on corporate culture, growth strategy, and product value, as well as his Outcome-Driven Innovation process. The episode also explores the importance of establishing a common language in organizations and offers actionable advice for putting theory into practice. Listeners can gain valuable knowledge and perspectives from Ulwick’s experience in innovation and his pioneering work in Jobs-to-be-Done Theory. https://episodes.castos.com/5fc108e0462768-18027408/c46e55db-bf3d-4f8a-ae97-f584efc27751-Episode-78-Tony-Ulwick.mp3Tony Ulwick Strategyn Founder and CEO, Inventor, Author and Innovation Thought LeaderMore About TonyTony is the pioneer of Jobs-to-be-Done Theory and the inventor of Outcome-Driven Innovation® (ODI), a powerful strategy and innovation process with a documented success rate that is 5-times the industry average. Tony has been granted 12 patents for his game-changing innovation practices, which result in products that help customers get a “job” done better. Philip Kotler, S. C. Johnson Distinguished Professor of International Marketing at the Kellogg School of Management, Northwestern University says, “I call Ulwick the Deming of Innovation because, more than anyone else, Tony has turned innovation into a science.” Tony began his career with IBM’s PC division in 1981. Witnessing the failure of the PCjr, Tony was inspired to develop a better approach to innovation. Since founding the innovation consultancy Strategyn in 1991, he and his global team of ODI practitioners have led strategy engagements with over one-third of the Fortune 100, helping them generate billions of dollars in revenue growth. In 2002, Tony introduced Harvard Business Review readers to ODI in the article Turn Customer Input into Innovation. HBR recognized ODI as one of the best business ideas of the year, declaring it one of “the ideas that will profoundly affect business as we forge ahead in today’s complex times.” Tony is the author of the original Jobs-to-be-Done book, What Customers Want, his recent release, JOBS TO BE DONE: Theory to Practice, and additional articles on ODI published in HBR and MIT Sloan Management Review. Through his involvement in hundreds of innovation initiatives, Tony has helped companies reinvent underperforming products, create new business models, and build and implement company-wide innovation programs. His work is cited in hundreds of publications. As an innovation thought leader, inventor, author and speaker, Tony Ulwick has changed the way academics and executives alike think about growth strategy and product innovation. Website: strategyn.com Free Book Download: https://jobs-to-be-done-book.com/ youtube: https://www.youtube.com/@Strategyn Episode Mentions
Episode Highlights Timeline02:26 Tony ntroduces himself 07:50 Theory, in chapter one , “Why do innovation projects failure” you discuss that often there is no agreement on what a “need” even is. That is, all companies are out to provide the best quality products and services, but this means understanding the needs of customers. How do organizations align and why would this be a discussion in your “Theory” section? 14:49 I really like your second chapter where you discuss frameworks in which to determine needs. Can you define for our listeners what you mean by a “framework” and share the 6 types of customer needs? 17:45 Obviously, the idea with an ERP is to provide a tool in which to improve process efficiencies and to do so more cost-effectively in the long run. You discuss Differentiated Strategy, Dominant strategy, Disruptive strategy, Discrete strategy, and Sustaining strategy. How can they be applied to a large-scale ERP organizational change? 26:32 You describe your Outcome-Driven Innovation (ODI) in your book and share that “unique quantitative research methods that enable companies to analyze markets in ways that have never before been possible.” You discuss this in a full chapter in your book, but can you lead our listeners through this process in general? 37:05 It is one thing to understand a model, process, or theory…it is entirely another thing to execute (effectively and efficiently) upon that model, process, or theory. What can you share about putting the theory to practice? That is, if one wants to take your insight and advice and apply it to the “real world”, Where does one start? 41:44 In your “Practice” section you discuss the value of “a common language”. Please explain what you mean by that. 44:25 Lastly, Tony, If you were going to give advice, or one golden nugget, to an organization preparing for a large-scale ERP organizational change what takeaway would you like to leave with our listeners that could benefit them and their organization? Related Episodes
Related Blog PostsWhat is the Value of Applied Research to ERP Practitioners? ERP Leadership Matters: Leadership Theory and Practice Reflection PE Portfolio ERP Success Factor: Effective Leadership Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... Looking to Drive Innovation in Your Organization?At Nestell & Associates, we specialize in implementing innovative solutions that help companies succeed. Contact us today to learn more about Digital Transformation and Organizational Change Management and how we can help you achieve your goals and take your organization to the next level. Get Started Today!About Nestell & AssociatesWhere People, Processes, and Technology Align Nestell & Associates is a highly specialized IT and ERP change management consulting firm that serves as a business-savvy, tenured, and highly technical-proficient business partner to private equity firms. We provide expert vendor-neutral IT and ERP services necessary to support their business objectives. Our team of experts excels at organizational change, preparedness, and digital transformation success. Our approach has been proven to be successful by focusing on key areas such as organizational culture, change, and readiness, we’ve helped our clients achieve their IT and ERP business objectives from improving IT security to managing complex transformational M&A initiatives. We are passionate about helping our clients succeed and achieving positive outcomes. Our goal is to provide the most efficient, organized, experienced, and productive professionals in the industry to implement processes, resources, and technology that will give our private equity partners a competitive advantage and deliver real return on investment. Learn More!Nestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
13 Apr 2023 | Episode 79: De-risking Executive Recruitment for Private Equity | 00:55:20 | |
In this Episode: We Delve into the World of Executive Recruitment for Private Equity Firms and Their Portfolio Companies.In this episode, we delve into the world of Private Equity executive recruitment. We explore the critical role that top-performing talent plays in driving business success, and how meticulous search and due diligence can help de-risk recruitment. Our expert guest shares insights on what makes a good private equity executive, the risks to portfolio companies when the right executive fit is not in place, and the value proposition of conducting culture fit assessments. We also discuss the process of conducting a culture fit assessment and how it can help identify proven senior executives for portfolio companies. This episode is a must-listen for private equity firms and their portfolio companies looking to attract top talent and gain the edge they need to reach their full potential. https://episodes.castos.com/5fc108e0462768-18027408/baaf1391-59c2-444b-b27e-a35fa3606e4f-Episode-79-Alex-Rawlings.mp3Alex Rawlings Founder and Managing Partner – Raw SelectionMore About AlexFollowing 8+ years in executive search, Alex founded Raw Selection in 2017 out of frustration with ineffective candidate search practice and the desire to build an exceptional search firm. “I became frustrated with the whole process. It had become a game of ‘who is already in my network’ rather than sourcing candidates from the whole market. I knew the process could be improved and that is what the team has built here at Raw Selection”. Alex is passionate about constantly learning more about talent, leadership and the best working practices. If there is a book on hiring/talent/executive search Alex has likely read it. Alex alongside managing and growing Raw Selection, Alex is still heavily involved in working with clients and fulfilling searches across private equity firm professional and portfolio executive appointments. Connect Website: https://www.raw-selection.com/ E: alex.rawlings@raw-selection.com T: +44 7860 803 558 https://www.youtube.com/@RawSelection
The Private Equity Hub
Episode Mentions
Episode Highlights Timeline04:51 Segment 1: What makes a good PE executive?
22:52 Segment 2: The risk of a wrong executive fit for Portfolio companies
35:30 Segment 3: Culture fit assessment
46:51 What is your golden nugget of advice for our listeners based on todays conversation? Related Episodes
Related Blog PostsCritical Success Factor: ERP Executive Team as Visible and Active Supporters How Emotional Intelligence in Change Management Empowers Successful ERP Organizational Change Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... Ready to Take Your Private Equity Firm to the Next Level?Access Our Strategic Human Capital Management Solutions. If you’re looking to provide even more support for your organization, take a look at some of the other ERP services we offer. Or, take a look at our blog for some extra tips you can use to make your company even better. Schedule a ConsultationAbout Nestell & AssociatesWhere People, Processes, and Technology Align Nestell & Associates is a highly specialized IT and ERP change management consulting firm that serves as a business-savvy, tenured, and highly technical-proficient business partner to private equity firms. We provide expert vendor-neutral IT and ERP services necessary to support their business objectives. Our team of experts excels at organizational change, preparedness, and digital transformation success. Our approach has been proven to be successful by focusing on key areas such as organizational culture, change, and readiness, we’ve helped our clients achieve their IT and ERP business objectives from improving IT security to managing complex transformational M&A initiatives. We are passionate about helping our clients succeed and achieving positive outcomes. Our goal is to provide the most efficient, organized, experienced, and productive professionals in the industry to implement processes, resources, and technology that will give our private equity partners a competitive advantage and deliver real return on investment. Learn More!Nestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
20 Apr 2023 | Episode 80: Are You an Effective ERP Change Leader? Traits, Strategies, and Insights | 00:51:31 | |
In this Episode, We Dive into the Critical Aspects of Becoming an Effective ERP Organizational Change Leader.Aimed at bringing value to Private Equity Firms and all stakeholders involved in ERP Organizational Change, we explore transformational leadership, leadership development, and leader identity. Our expert guest shares valuable strategies and insights to help you master the art of leadership in the context of ERP change management. By understanding the key traits, behaviors, and best practices, you can enhance your leadership skills, strengthen your leader identity, and ultimately drive your organization toward a successful ERP implementation. https://episodes.castos.com/5fc108e0462768-18027408/4ea3c251-b0c2-4dad-8a47-f24290835ce8-Episode-David-Day.mp3David Day Professor of Psychological Science and Academic Director of the Kravis Leadership Institute at Claremont McKenna College (USA)More About DavidHe also holds the titles of Steven L. Eggert ‘82 P’15 Professor of Leadership and George R. Roberts Research Fellow at the College. He has held previous professorial appointments at the University of Western Australia Business School, Lee Kong Chian School of Business at Singapore Management University, Penn State University, and Louisiana State University. He is a Fellow of the American Psychological Association, American Psychological Society, International Association of Applied Psychology, and the Society for Industrial and Organizational Psychology. Day has published more than 100 peer-reviewed journal articles, books, and book chapters, many pertaining to the core topics of leadership and leadership development. His research has been published in the top journals in leadership, management, and applied psychology. Day serves on numerous editorial boards and as the Editor of The Leadership Quarterly Yearly Review. In 2010, he was awarded the Walter F. Ulmer Research Award from the Center for Creative Leadership for outstanding, career-long contributions to applied leadership research. Connectemail dday@cmc.edu Episode Mentions
Episode Highlights Timeline04:07 Segment 1: Embracing Transformational Leadership for Successful ERP Change Management
11:22 Segment 2: Cultivating Effective ERP Change Leaders through Identity Development
29:10 Segment 3: Applying Research Insights to Strengthen Leadership in ERP Organizational Change
46:15 GOLDEN NUGGET
Related Episodes
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02 May 2023 | Episode 81: The Future of ERP Systems: A Research Agenda | 00:47:46 | |
In this episode, we explore the challenges faced by current-generation ERP systems and the proposed research agenda to address them.We start by discussing the problems related to the architecture and implementation of ERP systems in the changing business landscape. We then highlight the importance of a holistic approach to addressing the problems of ERP systems, including those related to architecture, design, implementation, and usage. Our guest proposes a research agenda that includes improving the user interface, control of business processes, functionality, database/data model, infrastructure, and adaptation. By addressing these areas of focus, organizations can improve the performance of their ERP systems and enhance their overall operations with ERP Optimization. This episode provides valuable insights for private equity firms and stakeholders involved in ERP organizational change as they navigate the challenges of implementing and using ERP systems in their portfolio companies. https://episodes.castos.com/5fc108e0462768-18027408/0194eed1-93dd-4919-a39a-ee4127f886d2-Episode-81-Benedict-Bender.mp3Benedict Bender Trusted Advisory, Executive Coaching & ConsultingMore About BenedictDr. Benedict Bender is an expert in digital platforms and novel business models, with extensive practical experience in international management, IT strategy, and technology consulting (including McKinsey & Company, Accenture, SAP). He achieves the practical transfer of his research results through his activities as a management consultant, trusted advisor, and author. Mr. Bender regularly speaks as a guest in podcasts, as well as in expert talks and panel discussions. He studied Business Informatics at the University of Potsdam, the Humboldt University of Berlin, and the University of St. Gallen. Connectemail ben@bendersonline.de Episode Mentions
Episode Highlights Timeline06:39 Benedict, I really want to focus on an incredibly important paper you authored; Could you briefly explain what the paper “Future ERP Systems: A Research Agenda” is about? 10:42 Segment 1: Challenges of current-generation ERP systems
14:22 Segment 2: Holistic approach to addressing problems related to ERP systems
19:12 Segment 3: Proposed research agenda for addressing ERP system problems
37:00 The effect of AI on ERP Systems Related Episodes
Related Blog PostsHow to Choose an ERP System: Expert Tips on the ERP Selection Process ERP Implementation Methodologies Are Not Created Equal ERP Organizational Change: Challenges and Disruption Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... Don't let ERP systems problems hold you back. Nestell & Associates can help you move forward with confidence.If you’re looking to optimize the performance of your ERP systems and enhance your organizational change efforts, we’d love to help! Our team of experts can provide you with the guidance and support you need to overcome the challenges of current-generation ERP systems. Contact us today to learn more about our services and how we can help you achieve your ERP optimization goals. Schedule a ConsultationAbout Nestell & AssociatesWhere People, Processes, and Technology Align Nestell & Associates is a highly specialized IT and ERP change management consulting firm that serves as a business-savvy, tenured, and highly technical-proficient business partner to private equity firms. We provide expert vendor-neutral IT and ERP services necessary to support their business objectives. Our team of experts excels at organizational change, preparedness, and digital transformation success. Our approach has been proven to be successful by focusing on key areas such as organizational culture, change, and readiness, we’ve helped our clients achieve their IT and ERP business objectives from improving IT security to managing complex transformational M&A initiatives. We are passionate about helping our clients succeed and achieving positive outcomes. Our goal is to provide the most efficient, organized, experienced, and productive professionals in the industry to implement processes, resources, and technology that will give our private equity partners a competitive advantage and deliver real return on investment. Learn More!Nestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
10 May 2023 | Episode 82: Practical ERP Leadership with Effective Leadership Strategies | 00:59:55 | |
In this Episode, We Discuss Practical ERP Leadership with Effective Leadership StrategiesPractical ERP leadership and healthy organizational culture promote an environment that facilitates and supports ERP organizational change. Executive stakeholders benefit from furthering understanding, and not assuming, their leadership abilities, characteristics, weaknesses, and strengths. Strong leadership tendencies drive the organization to outperform expectations, work through difficult situations, and adapt to change. As a result, practical ERP leadership is a significant cultural influence on the success of ERP organizational change. https://episodes.castos.com/5fc108e0462768-18027408/2a7a8ac9-dee6-4b02-96fe-4b98beadaa85-Episode-82-Drew-Dudley.mp3The Wall Street Journal Best-Selling Author of #ThisIsDayOne Leadership author, educator and speaker with a focus on creating value-driven cultures of leadership. I help people identify and adopt a personal leadership philosophy rooted in value-driven decision making. Individuals who are seen as having a personal leadership philosphy are rated as 110% more effective as leaders, and are 130% more likely to be trusted. Guest: Drew DudleyMore about DrewSomewhere around the middle of his undergraduate education, Drew realized engaging with the world was a lot more fun than writing papers about it. While still a student he became heavily involved in Canada’s largest post-secondary charitable initiative in support of Cystic Fibrosis Canada, eventually serving as the National Chair of the organization. As he moved into his career, he took on the challenge of creating and building the Leadership Development Program at the University of Toronto, which became the largest and most dynamic in the country. It was those leadership students who changed the course of Drew’s professional life: they secretly organized a campaign to put him onstage at TEDxToronto 2010, where he delivered a talk that would go on to generate more than 5 million views around the web. A high-achieving lifestyle took its toll however: undiagnosed bipolar disorder set the foundation for binge eating and drinking, and Drew grew to over 300 pounds while struggling with the emotional challenges of a career that kept him on the road 250 days a year. Drew credits the Day One process with saving his life—he began applying the process to improving his mental and physical health. Recognizing how many people were struggling silently with similar battles, Drew began infusing these experiences into his keynotes, hoping to remind people that their scars in no way stand in the way of their leadership. In 2018, Drew shared both his story and the Day One process in his first book This is Day One: A Practical Guide to Leadership That Matters. Today, Drew continues to travel the world sharing the Day One process with organizations of all kinds—aiming to redefine leadership for as many people as possible. ConnectHost & Founding Partner of Nestell & AssociatesEpisode MentionsEpisode Highlights Timeline[06:27] Segment 1 – Cultivating Behaviors for Success:
[34:42] Segment 2 – Leadership Growth and Values:
[50:35]Segment 3 – Behavioral Changes for Improved Leadership:
[54:56] Golden Nugget Drew’s Advice for Leaders based on today’s conversation Related Episodes
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17 May 2023 | Episode 83: Boosting ERP Efficiency with Autodesk Vault Integration | 00:45:23 | |
In this episode, we explore ERP Efficiency with Autodesk Vault Integration.In this episode we dive into ERP Efficiency with Autodesk Vault Integration. We look specifically at the challenges and solutions related to data management, automation, and integration in the manufacturing sector, focusing on the impact of substandard data management practices. We discuss how tailored solutions and how to improve ERP Efficiency with Autodesk Vault Integration for Autodesk Vault customers can enhance data management processes, the benefits of powerGate, and the value of comparing multi-level BOMs before transferring them to ERP. Furthermore, we delve into deep CAD integration, data compliance, and the significance of connecting Autodesk to other business systems PLM, ERP. Throughout the episode, we aim to provide valuable insights for Private Equity Firms, their portfolio companies, and all stakeholders involved in ERP Organizational Change, learning from the experiences of an industry expert who leads North American Operations and Business Development at a high-tech software company. https://episodes.castos.com/5fc108e0462768-18027408/9bfb29c1-4964-4cf3-afb3-0e61c949311c-Episode-83-Milt-Capsimalis.mp3Guest: Milt CapsimalisHead, North American Operations and Business Development at coolOrange More about MiltMilt started as a graphics developer making the early CAD world safe for 3D. He joined the AutoCAD development team in 1989 when Autodesk acquired Ithaca Software. Since then he has written CAD and PDM software, managed development and business development teams and sat on the World Wide Web Consortium. He now heads up coolOrange’s North American Operations building PDM/PLM solutions for manufacturers of all kinds. Connectmilt.capsimalis@coolorange.com Host & Founding Partner of Nestell & AssociatesEpisode Highlights Timeline[04:12] Segment 1: Impact of Substandard Data Management Practices1. Milt, can you explain how substandard data management practices can impact technical resources and ultimately lead to wasted time and effort? 2. Research suggests that companies can lose up to 20% of their technical resources’ time on non-productive data management tasks. How does coolOrange’s tailored solutions for Autodesk Vault customers help address this issue? [08:45] Segment 2: PowerGate and Multi-level BOM Comparison3. Can you give our listeners an overview of what powerGate is and how it benefits your clients? 4. Integration experience with Plm, procurement, ERP… Comparing multi-level BOMs before transferring them to ERP provides transparency between Vault and ERP.) Can you explain the value of this process and how it works in the context of coolOrange’s solutions? [13:18] Segment 3: Deep CAD Integration and Data Compliance 5. How does coolOrange’s deep CAD integration add value to your clients, and what sets it apart from other solutions in the market?(Extend user experience, automation, central source of truth, data compliance) 6. Data compliance is a significant concern for many companies. Can you tell us more about how coolOrange’s solutions ensure data compliance?(Audits, flow management, digital signature) [21:40] Segment 4: Connecting Autodesk to PLM and Implementation Methodology 7. What is the value of connecting Autodesk to PLM, and what tools does coolOrange use to facilitate this connection? 8. Can you give us an overview of coolOrange’s implementation methodology, and how it ensures a smooth and efficient transition for your clients?
[40:57] GOLDEN NUGGET 9. Lastly, what is your golden nugget of advice for our listeners based on today’s conversation? Related EpisodesEpisode 71: Exploring SAP Business One and SAP Business ByDesign ERP Products with Guest Russell DeLapp Episode 70: Software Development and its Role in Digital Innovation, Digital Transformation, and ERP Success with Guest Steve Douglas Episode 65: ERP Vendor: Let’s Explore Epicor, ERP Trends, and Differentiators with Guest Lisa Pope Episode 63: ERP Vendor: Let’s Explore Infor Differentiators for ERP Success with Guest Arsenin Rodriguez Episode 62: Industry 4.0: MES and OEE Value Proposition with Guest Oskar Schwarz Episode 54: ERP Vendor: Let’s Explore Unit4 with Guest Claus Jepsen Episode 42: ERP: What is Fulcrum with Guest Sunny Han Related Blog PostsERP Business Processes: Navigating the Balancing Act What Is the Business Value of ERP Systems Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... Did Today's Episode Resonate with Your Current Challenges in ERP and Organizational Change?At Nestell & Associates, we specialize in providing tailored solutions for these complexities. We understand the unique needs of the private equity industry and are committed to delivering strategies that drive growth and efficiency. Don’t let the challenges of ERP and vault integration stand in your way. Reach out to us at Nestell & Associates. Let's Transform your Challenges into Opportunities TogetherAbout Nestell & AssociatesWhere People, Processes, and Technology Align Nestell & Associates is a highly specialized IT and ERP change management consulting firm that serves as a business-savvy, tenured, and highly technical-proficient business partner to private equity firms. We provide expert vendor-neutral IT and ERP services necessary to support their business objectives. Our team of experts excels at organizational change, preparedness, and digital transformation success. Our approach has been proven to be successful by focusing on key areas such as organizational culture, change, and readiness, we’ve helped our clients achieve their IT and ERP business objectives from improving IT security to managing complex transformational M&A initiatives. We are passionate about helping our clients succeed and achieving positive outcomes. Our goal is to provide the most efficient, organized, experienced, and productive professionals in the industry to implement processes, resources, and technology that will give our private equity partners a competitive advantage and deliver real return on investment. Learn More!Nestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
06 Jun 2023 | Episode 84: Scaling Business Growth with Cloud ERP Solutions: Expert Insights | 00:41:00 | |
In this episode, we explore the power of cloud ERP solutions for driving business growth and scaling.We delve into industry-specific strategies that address common challenges and contribute to sustained expansion. Our expert guest Ralph Hess shares valuable insights on achieving impressive growth rates, streamlining scaling processes, and fostering thoughtful business growth through tailored ERP implementation techniques. This episode brings immense value to private equity firms, their portfolio companies, and all stakeholders involved in ERP organizational change. https://episodes.castos.com/5fc108e0462768-18027408/5846fbd0-f123-417c-af28-2950f8024884-Episode-84-Ralph-Hess.mp3 Guest: Ralph HessExecutive Vice President Sales and Marketing at Navigator Business SolutionsMore about RalphRalph has over 30 years of experience in helping companies solve their business problems with technology. Throughout his career, he has worked with multiple publishers including IBM, Epicor, and Microsoft. For the last 15 years, he has focused on supply chain companies and solutions specifically in the SAP ERP portfolio. Ralph leads the sales team with a philosophy that is focused on first understanding customers’ business challenges, then matching solutions within cloud-based business management software that solve their specific business needs. Connect with Navigator Business SolutionsHost & Founding Partner of Nestell & AssociatesEpisode Highlights TimelineSegment 1: Driving Cloud ERP Growth and Overcoming Industry Challenges 03:55 Question 1: Ralph, could you share with us the key factors that contributed to achieving 25% cloud ERP growth for two years in a row at Navigator Business Solutions? 06:20 Question 2: In your experience, what are the common challenges businesses face when trying to grow their cloud ERP, and how do you address them? How does Navigator Business Solutions’ industry-specific approach contribute to this growth? Segment 2: Streamlining Business Scaling with Unified Cloud ERP Solutions 08:30 Question 4: Ralph, can you explain the process of scaling from early-stage to full commercialization using a single cloud solution? 11:55 Question 5: What are some of the benefits of using a single cloud solution, as opposed to multiple solutions, or even on-prem for businesses in various industries? 15:00 Question 6: you touched on this but let me ask you a common CxO question during the sales process. How does Navigator Business Solutions ensure a seamless transition for businesses as they scale? Segment 3: Fostering Thoughtful Business Growth through Tailored ERP Strategies 23:33 Question 7: Ralph, what drives your passion for helping businesses grow and scale thoughtfull 25:59 Question 8: Can you share a specific success story of a company that you have helped scale through ERP solutions? 30:00 Question 9: What advice do you have for private equity firms and their portfolio companies when it comes to selecting ERP solutions? GOLDEN NUGGET 35:54 Question 10: Lastly, what is your golden nugget of advice for our listeners based on today’s conversation? Related EpisodesEpisode 83: Boosting ERP Efficiency with Autodesk Vault Integration with Guest Milt Capsimalis Episode 74: Building an ERP Strategy and Roadmap with Guest Lisa Highfield Episode 71: Exploring SAP Business One and SAP Business ByDesign ERP Products with Guest Russell DeLapp Episode 70: Software Development and its Role in Digital Innovation, Digital Transformation, and ERP Success with Guest Steve Douglas Episode 68: ERP Success: Practitioner Pointers with Guest David Ogilvie Episode 67: ERP Success: Practitioner Insights with Guest Bret BeauBouef Episode 65: ERP Vendor: Let’s Explore Epicor, ERP Trends, and Differentiators with Guest Lisa Pope Episode 63: ERP Vendor: Let’s Explore Infor Differentiators for ERP Success with Guest Arsenin Rodriguez Episode 62: Industry 4.0: MES and OEE Value Proposition with Guest Oskar Schwarz Episode 54: ERP Vendor: Let’s Explore Unit4 with Guest Claus Jepsen Episode 42: ERP: What is Fulcrum with Guest Sunny Han Related Blog PostsERP System Selection: Where to Start
ERP System Selection: Where to Start When Selecting an ERP System Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... Are you looking to drive sustainable growth and scale your business with the power of cloud ERP solutions?Our team of experts is here to help! We offer tailored, industry-specific strategies to overcome challenges and implement the perfect ERP solution for your organization. Don’t miss the opportunity to unlock your business’s full potential. Start Your Journey Towards Streamlined Growth and Success!About Nestell & AssociatesWhere People, Processes, and Technology AlignNestell & Associates is a highly specialized IT and ERP change management consulting firm that serves as a business-savvy, tenured, and highly technical-proficient business partner to private equity firms. We provide expert vendor-neutral IT and ERP services necessary to support their business objectives. Our team of experts excels at organizational change, preparedness, and digital transformation success. Our approach has been proven to be successful by focusing on key areas such as organizational culture, change, and readiness, we’ve helped our clients achieve their IT and ERP business objectives from improving IT security to managing complex transformational M&A initiatives. We are passionate about helping our clients succeed and achieving positive outcomes. Our goal is to provide the most efficient, organized, experienced, and productive professionals in the industry to implement processes, resources, and technology that will give our private equity partners a competitive advantage and deliver real return on investment. Learn More! Nestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
28 Jun 2023 | Episode 85: Harnessing AI for ERP Innovation: Balancing Growth, Ethics, and Governance | 00:58:30 | |
In this episode, we explore AI in ERP. The impact of AI on ERP systems and organizational change, focusing on ethical implications, innovation, and governance.Our expert guest shares valuable insights on AI-driven transformation, risks, and best practices, providing valuable guidance for private equity firms, portfolio companies, and stakeholders involved in ERP organizational change. Tune in to learn how AI is revolutionizing enterprise resource planning and shaping the future of business systems. https://episodes.castos.com/5fc108e0462768-18027408/4dfcfdfe-fce5-4373-9ad2-372ad1e74112-Episode-85-Clara-Durodie.mp3Guest: Clara DurodieBoard Member • Fintech, AI Risks, Governance & Artificial Intelligence | Speaker, Author, Investor More about ClaraClara Durodié is a highly regarded expert in AI governance, fintech, and digital transformation, with over 25 years of experience in financial technology and finance. Clara is a senior trusted advisor to management teams, boards of directors, private equity and venture capital firms and their portfolio companies. As the founder and CEO of Cognitive Finance Group, Clara also advises financial institutions, fintechs, technology firms, and governments on the ethical use of AI to drive innovation and growth. Clara is widely recognized as a thought leader in AI and has been featured in leading publications such as Financial Times and Forbes. She’s also a popular keynote speaker at high-profile events like SIBOS, Money 2020, Point Zero Forum, Innovate Finance Global Summit, AI World, SCxSC, Fin/Sum. She has been invited as a guest lecturer by leading universities like the University of Oxford, MIT and LBS. In 2019, she was invited to join the teaching team at the Oxford AI course. As an author, Clara has written the book “Decoding AI in Financial Services: Business Implications for Boards and Professionals”, publishes the weekly newsletter “Decoding AI® Board Briefing” and hosts the “Decoding AI® Podcast.” Her academic research interest sits at the intersection of neuroscience, AI and wealth management. Prior to 2014, Clara served in leadership roles in European asset & wealth management, is a member of the Chartered Institute for Securities and Investment (UK), has a Certificate in Investment Management (UK) and holds a Master’s degree from the University of Oxford. Based in London, Clara works with a diverse range of international clients. Expertise:• AI risk and AI governance• Data + technology ethics • Fintech• Digital transformation• Corporate innovation + growth• Geopolitics and geosecurity of AI • Digital Economy• Science and Innovation Policy• Investments in AI• Startups growth and product development • Polymath with multidisciplinary analysis + synthesis skills Host & Founding Partner of Nestell & AssociatesEpisode Highlights TimelineSegment 1: Ethical Implications of AI in ERP [06:16] What are some ethical considerations that organizations should keep in mind when implementing AI in their ERP systems? [16:34] How can companies ensure they’re using AI ethically in their ERP and organizational change processes? Segment 2: AI Driving Innovation and Growth in ERP [35:31] How do you see AI transforming the way companies approach ERP and business systems in the coming years? [43:35] Can you share some examples of how AI has driven innovation and growth in ERP systems for organizations you’ve worked with? Segment 3: AI Risks, Governance, and Geopolitics [46:25] What are the major risks and challenges organizations face when implementing AI in their ERP systems, and how can they mitigate them? Can you discuss the importance of AI governance in ERP systems and share some best practices? [52:12] Golden Nugget of advice based on this conversation: Related Episodes & BlogsEpisode 50: Digital Transformation using Emerging Technologies with guest Fawad Khan Episode 39: The Smartest Person in the Room with guest Christain Espinosa Episode 38: How Artificial Intelligence is Transforming the ERP Systems with guest Sam Goundar Episode 32: Leadership, Innovation, and Technology with guest John Rouda Episode 12: Business Intelligence and ERP Systems: A Conversation on Emerging Technology, Innovative Ideas, and Success Factors with guest Daniel O’Leary Artificial Intelligence and the Future of ERP Organizational Change Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... Are you ready to leverage the power of AI in your ERP systems while maintaining ethical practices and strong governance?Our team of experts is here to help private equity firms, portfolio companies, and stakeholders navigate the complex landscape of AI and ERP organizational change. Don’t miss out on the incredible opportunities AI can bring to your organization. Contact us today to learn more about our tailored solutions. Start transforming your ERP systems with confidence!About Nestell & AssociatesWhere People, Processes, and Technology AlignNestell & Associates is a highly specialized IT and ERP change management consulting firm that serves as a business-savvy, tenured, and highly technical-proficient business partner to private equity firms. We provide expert vendor-neutral IT and ERP services necessary to support their business objectives. Our team of experts excels at organizational change, preparedness, and digital transformation success. Our approach has been proven to be successful by focusing on key areas such as organizational culture, change, and readiness, we’ve helped our clients achieve their IT and ERP business objectives from improving IT security to managing complex transformational M&A initiatives. We are passionate about helping our clients succeed and achieving positive outcomes. Our goal is to provide the most efficient, organized, experienced, and productive professionals in the industry to implement processes, resources, and technology that will give our private equity partners a competitive advantage and deliver real return on investment. Learn More! Nestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
07 Jul 2023 | Episode 86: The Power of Data: The Dashboard Effect and Business Intelligence Strategies | 00:37:00 | |
In this episode, we delve into how data-driven companies are revolutionizing their strategies by leveraging data for business growth. We explore the power of “The Dashboard Effect,” a transformative concept that uses business intelligence, real-time analytics, and performance metrics to fuel success.Our guest, Jon Thompson a seasoned expert and founder of a leading business intelligence firm, shares valuable insights on how data-driven companies can foster a culture of ownership and strategic thinking. Designed to bring value to Private Equity Firms, their portfolio companies, and stakeholders involved in ERP Organizational Change, this episode offers practical advice on leveraging data for business growth, adopting data-driven strategies, harnessing the power of business dashboards (The Dashboard Effect), and leveraging industry-specific BI solutions to accelerate growth and improve decision-making across the organization. The ERP Objective: Business Modeling Via Transactional Discipline https://episodes.castos.com/5fc108e0462768-18027408/c7dee2da-d43c-4358-b5ef-3042db8caa95-Episode-86-Jon-Thompson.mp3Guest: Jon ThompsonJon ThompsonJon Thompson, author of The Dashboard Effect, is co-founder and Chief Strategy Officer at Blue Margin, Inc. Jon and his brother, Brick Thompson, have founded several companies, including Vercuity, a data analytics firm that grew to over 500 employees and was backed by One Equity Partners. Their current company, Blue Margin Inc., founded in 2011, helps private equity and mid-market companies quickly convert growth plans into automated dashboards, the short path to data-driven operations. Their mission is to accelerate clients’ growth through real-time visibility into performance metrics, promoting team alignment and accountability. Jon believes that “most business problems come down to poor visibility,” a message he delivers to corporate audiences, citing industry experts and best-practice case studies from over 250 clients. Jon offers concrete, practical steps for management teams who want to quickly mobilize data to drive growth. Email: jon@bluemargin.com | Phone: 970.214.1652 Connect Episode MentionsOur book, The Dashboard Effect (let us know if you’d like a hard copy) Host & Founding Partner of Nestell & AssociatesDr. Jack G. NestellFounding Partner | Nestell & Associates Dr. Jack G. Nestell is a highly accomplished IT and ERP business advisor, author, and speaker with over 30 years of experience in leadership and implementation of ERP systems across various industries. He is the founding partner of Nestell & Associates, a management and strategy firm that specializes in organizational change, readiness, and ERP implementation. Dr. Nestell is also an accomplished academic researcher who has contributed to ERP research. With his practical expertise and academic knowledge, he provides innovative and proven solutions for his clients. Episode Highlights Timeline
[05:34] Segment 1: The Dashboard Effect and Blue Margin1. Can you explain the concept of “The Dashboard Effect” and how it can help companies better harness their data? 2. How did you come up with the idea for Blue Margin, and what makes it unique in the field of business intelligence? 3. Can you walk us through Blue Margin’s proven process for helping mid-market companies become data-driven? 4. How do you adapt your solutions (or do you?) to different industries like, Healthcare, Manufacturing, Distribution, Commercial Services, and Legal? [16:18] Segment 2: Building a Data-Driven Culture1> Do you think data intelligence is the next great differentiator in business, and would you say most companies are failing to capitalize on it? 2. When it comes to a data-driven culture, one thing is for certain, not all are created equal…..How can data-driven companies create a culture of ownership where each employee is empowered with the visibility into performance metrics needed to drive motivation and strategic thinking? 3. What are some common challenges you and your team has seen in companies trying to adopt a data-driven approach, and how can they overcome them? 4. Can you share a success story of a company that has transformed its operations and decision-making by leveraging “The Dashboard Effect”? [27:40] Segment 3: The Dashboard Effect Book and Lessons Learned1. What inspired you to write the book, “The Dashboard Effect,” and what key takeaways can readers expect from it? 2. For companies considering implementing business intelligence solutions, what advice would you give them to ensure success? Are you looking to harness your data effectively and drive growth?At Nestell & Associates, we specialize in helping private equity firms and their portfolios leverage data-driven strategies. Don’t let your data assets go underutilized. Click below to learn how we can help you embrace the future of business intelligence. Take action Now!Business Intelligence – Related EpisodesEpisode 85: Harnessing AI for ERP Innovation: Balancing Growth, Ethics, and Governance with Guest Clara Durodie Episode 84: Scaling Business Growth with Cloud ERP Solutions: Expert Insights with Guest Ralph Hess Episode 50: Digital Transformation using Emerging Technologies with Guest Fawad Khan Episode 14: The Value of Business Intelligence: Understanding and Measuring Operational Issues – Part Two with Guest Tim Van Miegham Episode 13: The Value of Business Intelligence: Understanding and Measuring Operational Issues – Part One with Guest Tim Van Miegham Episode 12: Business Intelligence and ERP Systems: A Conversation on Emerging Technology, Innovative Ideas, and Success Factors with Guest Daniel O’Leary Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... About Nestell & AssociatesWhere People, Processes, and Technology AlignNestell & Associates is a highly specialized IT and ERP change management consulting firm that serves as a business-savvy, tenured, and highly technical-proficient business partner to private equity firms. We provide expert vendor-neutral IT and ERP services necessary to support their business objectives. Our team of experts excels at organizational change, preparedness, and digital transformation success. Our approach has been proven to be successful by focusing on key areas such as organizational culture, change, and readiness, we’ve helped our clients achieve their IT and ERP business objectives from improving IT security to managing complex transformational M&A initiatives. We are passionate about helping our clients succeed and achieving positive outcomes. Our goal is to provide the most efficient, organized, experienced, and productive professionals in the industry to implement processes, resources, and technology that will give our private equity partners a competitive advantage and deliver real return on investment. Learn More! Nestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
25 Jul 2023 | Episode 87: Organizational Transformation in ERP: Strategies for, Cultivating Culture, and Unleashing Innovation | 00:43:52 | |
Episode 87Organizational Transformation in ERP: Strategies for, Cultivating Culture, and Unleashing InnovationIn this episode, we discuss the dynamics of organizational transformation in ERP. With insights from a seasoned expert at a premier leadership development firm, we explore tactics to boost high-performing teams and strategies for strategic alignment. Learn how to cultivate a customer-centric culture and energize your innovation funnel, bringing unparalleled value to stakeholders in ERP Organizational Change across Private Equity portfolio companies. https://episodes.castos.com/5fc108e0462768-18027408/de0af7fa-4983-4039-86b0-2d1d3af16f25-Episode-87-Margaret-Gorman.mp3GuestDr. Margaret GormanVice President, Denison Consulting LLC Dr. Margaret “Gorman is an experience OD scholar-practioner, consultant and educator focused in the area of transformational change, leadership, culture, and learning within and across workplace systems. For over three and half decades, Dr. Gorman has guided managers and leaders working in not-for-profit, for profit, education, government, healthcare, financial services, energy, and military organizations to design effective workplace learning systems that enhance the innovative capacity. Her consulting expertise centers on organizational design, designing change interventions, executive teams and strategy formulation, program evaluation, and individual, group, and organization development. Dr. Gorman received her doctorate in Organizational Studies from GWU in 2004. She’s held faculty positions at George Washington University, Northeastern University, and University of Louisville, teaching executive courses for experienced professionals. Dr. Gorman served as co-editor of international book series “The Palgrave Studies of Organization in the Digital Era;” she published chapters in “The Palgrave Handbook of Organizational Change Thinkers” and in “Advancing Doctoral Leadership Education.” She regularly presents at national and international conferences; she serves on various governing boards; has served as a reviewer for the British Journal of Management and Leadership Quarterly, including a special issue on “Leadership and Complexity”; founding member of GW’s Women’s Leadership Institute (2005); founding member of an international network of faculty directors of an alternative doctoral program. She’s received awards for her outstanding service and contribution, including the inaugural recipient of the Academy of Management’s MOC Contribution Award; GWU’s Outstanding Alumni Award; and consecutive nominations for Excellence in Teaching at Northeastern University. Connect
Host & Founding Partner of Nestell & AssociatesDr. Jack G. NestellFounding Partner | Nestell & Associates Dr. Jack G. Nestell is a highly accomplished IT and ERP business advisor, author, and speaker with over 30 years of experience in leadership and implementation of ERP systems across various industries. He is the founding partner of Nestell & Associates, a management and strategy firm that specializes in organizational change, readiness, and ERP implementation. Dr. Nestell is also an accomplished academic researcher who has contributed to ERP research. With his practical expertise and academic knowledge, he provides innovative and proven solutions for his clients. Episode Mentions“Management Consulting In The Era of the Digital Organization”, https://www.infoagepub.com/products/Management-Consulting-in-the-Era-of-the-Digital-Organization Episode Highlights Timeline
Segment 1: Organizational Culture[07:54] Margaret, how do you define organizational culture? [09:01] Why does organizational culture even matter in large scale organizational change? How do we know? Segment 2: Boosting High-Performing Teams[12:00] What are your strategies for boosting high-performing teams to accelerate teamwork in the workplace? [15:04] How do you measure the effectiveness of these strategies? Segment 3: Strengthening Clarity & Alignment for Strategy Execution[18:27] How do you approach strengthening clarity and alignment within an organization to better execute strategy? Segment 4: Cultivating Customer-Centric Culture & Celebrating Team Members[20:32] In your experience, what are the key elements in cultivating a customer-centric culture, and how does this tie in with celebrating every team member? [23:00] Can you share an example of a company that has successfully implemented this approach and the impact it had? Segment 5: Energizing Innovation Funnel & Collaborative Practices[25:52] Can you discuss your approach to energizing the innovation funnel and fostering collaborative practices? How do these factors contribute to the overall success of an organization? [28:14] Is there a relationship between a positive culture and high-performing organizations and how do we know? Golden Nugget[36:58] Given all that we’ve discussed today, could you briefly summarize the key takeaways our listeners should remember? And based on these insights, what is the single most valuable piece of advice you would offer our listeners as they navigate their own journeys in organizational transformation? Are You Ready to Elevate Your Organizational Game and Navigate Change more Effectively?Our team of experts specializes in boosting high-performing teams, fostering customer-centric cultures, and energizing innovation funnels. We can guide your organization’s transformation journey, empowering you with the tools and strategies you need to accelerate in the marketplace. Contact us today to learn how we can support your team in strengthening clarity and aligning strategies for successful organizational transformation in ERP. Take the First Steps Today!Related Episodes – Organizational Transformation in ERP
Related ArticleERP Culture: Transforming Organizational Change into Triumph ERP Achievement: The Elevator Pitch
Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... About Nestell & AssociatesWhere People, Processes, and Technology AlignNestell & Associates is a highly specialized IT and ERP change management consulting firm that serves as a business-savvy, tenured, and highly technical-proficient business partner to private equity firms. We provide expert vendor-neutral IT and ERP services necessary to support their business objectives. Our team of experts excels at organizational change, preparedness, and digital transformation success. Our approach has been proven to be successful by focusing on key areas such as organizational culture, change, and readiness, we’ve helped our clients achieve their IT and ERP business objectives from improving IT security to managing complex transformational M&A initiatives. We are passionate about helping our clients succeed and achieving positive outcomes. Our goal is to provide the most efficient, organized, experienced, and productive professionals in the industry to implement processes, resources, and technology that will give our private equity partners a competitive advantage and deliver real return on investment. Learn More! Nestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
03 Aug 2023 | Episode 88: Niche ERP Solutions: Insights from CDR Software | 00:34:08 | |
Episode 88Niche ERP Success: Insights from CDR SoftwareIn this episode, we delve into the intricacies of niche ERP solutions success with valuable insights from a leader of a top-tier software vendor. We dissect the defining aspects of ERP, discuss its unique advantages, and uncover the subtleties of product differentiation in the competitive ERP market. We also explore the vital interplay between technology, people, and process, revealing trends, challenges, and success factors in the ERP niche. This episode is essential for those striving for business process improvement and organizational change through successful ERP implementation.” https://episodes.castos.com/5fc108e0462768-18027408/c0eb2ebb-b787-4486-9328-3f769ddbcaf8-Episode-88-Jeb-Maginnis.mp3GuestDr. Jebb MaginnisPresident, Creative Data Research Jebb Maginnis has 33 years of experience leading and managing CDR Software, a software development company focused on providing an ERP system to wholesale distributors in the Convenience Products Industry. Maginnis is skilled in operations management, business development, business process improvement, budgeting, and sales. Maginnis works closely with CDR Software’s development team to deliver industry-specific software to the convenience distribution vertical market. Prior to joining CDR Software, Maginnis was president of Maginnis Oil Company, a bulk fuel supplier which also operated a chain of convenience stores. Connect
Host & Founding Partner of Nestell & AssociatesDr. Jack G. NestellFounding Partner | Nestell & Associates Dr. Jack G. Nestell is a highly accomplished IT and ERP business advisor, author, and speaker with over 30 years of experience in leadership and implementation of ERP systems across various industries. He is the founding partner of Nestell & Associates, a management and strategy firm that specializes in organizational change, readiness, and ERP implementation. Dr. Nestell is also an accomplished academic researcher who has contributed to ERP research. With his practical expertise and academic knowledge, he provides innovative and proven solutions for his clients. Episode Highlights Timeline
[05:00] Segment 1: General Understanding of ERP1. How would you define ERP for our listeners who may not be familiar with the term?2. There are many “Tier 1” players that provide ERP functionality. In your opinion, what are the benefits of choosing a niche ERP platform and partner?3. From your experience, how would you describe the success rates of ERP implementations in the field?4. If you were to lead a kickoff meeting for an organization just starting an ERP implementation, how would you define and describe ‘success’ in terms of an ERP organizational change? [10:50] Segment 2: Understanding the Product – Creative Data Research5. What is CDR? And who are your customers?6. Your website mentions “CDR is adept at anticipating industry trends and delivering advanced proven technologies “. How does this set your product apart from others in the market?7. In a very competitive market, how are you different, technology-wise, from other ERP vendors such as Oracle, SAP, Infor, etc.? [14:09] Segment 3: The People Aspect8. Let’s set technology aside for a moment. What is your approach to helping customers implement and realize improvements in their business?9. As an ERP software company, you sell and implement software, but what would you say is the largest influence on ERP organizational change success? Is it the people, the process, or the tech? [21:48] Segment 4: The Technology10. Looking at trends and emerging technology, what do you see as their relevance to ERP in general, and to your product specifically? [23:57] Segment 5: The Process11. ERP can be quite challenging. In your experience, what is more likely: nearly perfect success with no major challenges, or success after enduring some challenges due to organizational culture?12. Implementation process and methodology are crucial. How does your implementation process/methodology differentiate from other ERP players?13. What are your thoughts on ERP software customization? Is there a danger of too much customization, and where do you draw the line?14. Would you agree that ERP system selection is one of the most crucial decisions to be made during an ERP organizational change endeavor? Why? And what are some key factors to consider when deciding upon an ERP solution? [29:50] Golden NuggetGiven all that we’ve discussed today, could you sum up one key takeaway or ‘Golden Nugget’ that our listeners should remember? And could you advise our listeners how to take this knowledge and apply it, to truly make a difference in their ERP journey? Leverage the power of ERP to drive your business forward!At Nestell & Associates, we specialize in providing strategic consulting services tailored for private equity firms and their portfolio companies. Our experts can help you navigate the complex landscape of niche ERP implementation, ensuring you make the most out of your investments. Get in touch with us today to learn how we can help you achieve success in ERP organizational change. Let’s turn these insights into action together! We are Expertly Positioned to Help!Related Episodes – Niche ERP SolutionsEpisode 71: Exploring SAP Business One and SAP Business ByDesign ERP Products with Russel DeLapp Episode 70: Software Development and its Role in Digital Innovation, Digital Transformation, and ERP Success with Steve Douglas Episode 65: ERP Vendor: Let’s Explore Epicor, ERP Trends, and Differentiators with Lisa Pope Episode 63: ERP Vendor: Let’s Explore Infor Differentiators for ERP Success with Arsenin Rodriguez Episode 62: Industry 4.0: MES and OEE Value Proposition with Oskar Schwartz Episode 26: Niche ERP and Competitive Differentiators with Craig Skonieczny Related ArticleWhat is the Best ERP for Small Business? What Is the Business Value of ERP Systems
Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... Related ArticleERP Achievement: The Elevator Pitch About Nestell & AssociatesWhere People, Processes, and Technology AlignNestell & Associates is a highly specialized IT and ERP change management consulting firm that serves as a business-savvy, tenured, and highly technical-proficient business partner to private equity firms. We provide expert vendor-neutral IT and ERP services necessary to support their business objectives. Our team of experts excels at organizational change, preparedness, and digital transformation success. Our approach has been proven to be successful by focusing on key areas such as organizational culture, change, and readiness, we’ve helped our clients achieve their IT and ERP business objectives from improving IT security to managing complex transformational M&A initiatives. We are passionate about helping our clients succeed and achieving positive outcomes. Our goal is to provide the most efficient, organized, experienced, and productive professionals in the industry to implement processes, resources, and technology that will give our private equity partners a competitive advantage and deliver real return on investment. Learn More! Nestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
24 Aug 2023 | Episode 89: AI’s Role in ERP and Organizational Evolution | 00:59:57 | |
In this episode, we explore AI’s Impact on ERP and how it’s reshaping the future of Enterprise Resource Planning (ERP) and organizational evolution.As the business landscape rapidly shifts, our expert guest David Shapiro offers invaluable insights into the convergence of AI, business strategies, and the nuances of private equity. Tailored for Private Equity Firms, portfolio companies, and stakeholders in ERP organizational change, this episode is a crucial guide to navigating the future of business transformation. https://episodes.castos.com/5fc108e0462768-18027408/3bb6daaa-46bb-41ec-bb12-125424a9d2e7-Episode-89-David-Shapiro.mp3GuestDavid ShapiroAI Thought Leader | Strategic & Product Consultation | Independent Researcher David has 16 years of IT infrastructure and automation experience and has worked for notable companies as Cisco Systems and Duke University. During that time, he developed an interest in AI, ML, and large-scale automation. With the advent of generative AI technology, David pivoted to promote his independent research and experiments on GitHub and YouTube, amassing more than 60,000 subscribers at the time of recording. David’s work in enterprise scale IT cloud and automation, combined with his expertise in AI gives him a unique perspective on the impact that AI will have at all levels of a business. Connect Host & Founding Partner of Nestell & AssociatesDr. Jack G. NestellFounding Partner | Nestell & Associates Dr. Jack G. Nestell is a highly accomplished IT and ERP business advisor, author, and speaker with over 30 years of experience in leadership and implementation of ERP systems across various industries. He is the founding partner of Nestell & Associates, a management and strategy firm that specializes in organizational change, readiness, and ERP implementation. Dr. Nestell is also an accomplished academic researcher who has contributed to ERP research. With his practical expertise and academic knowledge, he provides innovative and proven solutions for his clients. Episode Highlights Timeline
[06:10] Segment 1: AI’s Impact on Business Systems and ERPIn your popular videos, you discuss how AI can create a post-scarcity leisure class, where corporations can produce more with less. Let’s talk about this in the context of business systems and ERP.
[12:39] Segment 2: Global Collaboration in AI DevelopmentYou have another video about the importance of global collaboration and dialogue in AI development. Let’s draw parallels to that discussion. The AGI Moloch: Nash Equilibrium, Attractor States, and Heuristic Imperatives: How to Achieve Utopia”
[22:44] Segment 3: AI, People, and Organizational ChangeRegarding your video about Ray Kurzweil’s (Curts-While) prediction of biological immortality and its implications, let’s bring it back to AI’s potential role in organizational change.” logical Immortality by 2030: Social & Economic Implications + Some Predictions!, You state in this video that “compounding returns and that it is nearly impossible to predict how new technologies will recombine specifically accurately. AI, nanotech, genetics, quantum computing, and other scientific breakthroughs will almost certainly combine in unexpected ways.” You then alluded to the iPhone….
[35:35] Segment 4: AI in Post-Labor Economics and its Impact on BusinessesYou’ve talked about post-labor economics in your videos. I’m intrigued to discuss its relevance to ERP organizational change.
[44:20] Segment 5: AI and Business StrategyDrawing from your video on Elon Musk’s focus on AI and its alignment with human goals, I have a couple of questions regarding strategic implications of AI in business. Elon Musk xAI “Maximize Understanding of the Universe” [This is the best news all year]
[52:20] Segment 6: Optimism about the Future of AIYou mention in your video DeepMind, OpenAI, Microsoft, Oxford: Global AI Research & Regulation is Coming that you are deeply optimistic about the future of AI. Why? But I also know that you are not saying that AI is a “Salvation Fantasy: The False Promise of Utopia, FDVR, Escapism, and Techno-Optimism”, I know you discussed this in two different videos, but why do you feel optimistic at the same time saying that AI isn’t a “Salvation Fantasy”? Do you believe in an AI balance? Why? Harness the Power of AI in Your ERP and Drive Transformative Change!Our specialized services are tailored for Private Equity Firms and their portfolio companies, ensuring seamless integration and maximized returns. Dive into the future of business transformation with us. Get in touch today to revolutionize your strategies!"Related Episodes – AI’s Impact on ERPEpisode 85: Harnessing AI for ERP Innovation: Balancing Growth, Ethics, and Governance Episode 50: Digital Transformation using Emerging Technologies Episode 38: How Artificial Intelligence is Transforming the ERP Systems Related Articles – AI’s Impact on ERPArtificial Intelligence and the Future of ERP Organizational Change Technology and the Future of ERP Organizational Change Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... About Nestell & AssociatesWhere People, Processes, and Technology AlignNestell & Associates is a highly specialized IT and ERP change management consulting firm that serves as a business-savvy, tenured, and highly technical-proficient business partner to private equity firms. We provide expert vendor-neutral IT and ERP services necessary to support their business objectives. Our team of experts excels at organizational change, preparedness, and digital transformation success. Our approach has been proven to be successful by focusing on key areas such as organizational culture, change, and readiness, we’ve helped our clients achieve their IT and ERP business objectives from improving IT security to managing complex transformational M&A initiatives. We are passionate about helping our clients succeed and achieving positive outcomes. Our goal is to provide the most efficient, organized, experienced, and productive professionals in the industry to implement processes, resources, and technology that will give our private equity partners a competitive advantage and deliver real return on investment. Learn More! Nestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
19 Sep 2023 | Episode 90: Courageous Organizational Communication: A Model for Effective Workplaces | 00:37:05 | |
In this episode, we focus on the importance of courageous organizational communication for creating high-performance workplaces.Our guest, a communication professor and coach, discusses his communication-based model of courage that centers around four themes: collaborative, upward, transparent, and engaging. We delve into the benefits of courageous ERP Organizational Communication Strategies for employees, leaders, and organizations, as well as strategies for creating a culture of open and honest communication. We also discuss common communication barriers in the workplace and how to overcome them, including the role of technology in communication. Our goal is to provide valuable insights and practical tips for private equity firms, their portfolio companies, and all stakeholders involved in ERP organizational change. https://episodes.castos.com/5fc108e0462768-18027408/e3a2d133-38ff-413c-b1c2-da956edfb42a-Episode-90-Alex-Lyon.mp3GuestAlex Lyon, PhDProfessor, Communication Coach, Author, & 500k Subscriber YouTube Creator. Alex Lyon is an Associate Professor and Chairperson in the Department of Communication at the College at Brockport, State University of New York. His area of study is Organizational Communication with an emphasis on leadership, power, and ethics. In 2016, he wrote Case Studies in Courageous Communication (Peter Lang Publishing). He has published original research in numerous peer-reviewed academic journals like Communication Monographs, Management Communication Quarterly, Journal of Applied Communication Research, and others. He earned his PhD in Communication from the University of Colorado, Boulder. Connect Host & Founding Partner of Nestell & AssociatesDr. Jack G. NestellFounding Partner | Nestell & Associates Dr. Jack G. Nestell is a highly accomplished IT and ERP business advisor, author, and speaker with over 30 years of experience in leadership and implementation of ERP systems across various industries. He is the founding partner of Nestell & Associates, a management and strategy firm that specializes in organizational change, readiness, and ERP implementation. Dr. Nestell is also an accomplished academic researcher who has contributed to ERP research. With his practical expertise and academic knowledge, he provides innovative and proven solutions for his clients. Episode ReferencesWaldvogel, J. (2002). Some features of workplace emails. New Zealand English Journal, 16, 42-52. Mirivel, J.C, Lyon, A, “Positive Communication for Leaders: Proven Strategies for Inspiring Unity and Effecting Change”, https://www.positivecommunicationforleaders.com/ Episode Highlights TimelineWe touch on some ideas in Alex’s first book “Courageous Organizational Communication Case Studies”. [04:36] Segment 1: The Importance of Courageous Communication Can you tell us more about your communication-based model of courage? How can leaders encourage and model courageous communication in their teams? [08:31] Segment 2: Creating a Culture of Courageous Communication In your experience, what are some of the biggest challenges and barriers organizations face in promoting open and honest communication? [10:21] Segment 3: Overcoming Communication Barriers How can individuals approach difficult conversations or conflicts in the workplace with courage and empathy? [13:28] Segment 4: Practical, Research-Based Strategies for Positive Leadership We dive into the new book, just released, “Positive Communication for Leaders: Proven Strategies for Inspiring Unity and Effecting Change” How can greetings create positive human contact? Can someone create and invite positive communications in workplace email communications? What do you mean in Chapter 3 when you write “ask to discover the unknown”? Why are compliments from Leaders effective leadership behavior? Why is it important for leaders to create a bond through disclosure? How can Listening help to transcend differences? What is the blueprint to Inspire unity and affect change? [32:53] GOLDEN NUGGET Lastly, in terms of ERP organizational change success, what is your golden nugget of advice for our listeners based on today’s conversation? Ready to Transform Your Workplace?If you’ve been inspired by our in-depth exploration of courageous ERP Organizational Communication Strategies and its impact on effective workplaces, it’s time to take action. At Nestell & Associates, we specialize in helping organizations like yours navigate the path to positive change. Why Choose Nestell & Associates? Expertise: With years of experience and a proven track record, we are leaders in the field of organizational culture and change. Tailored Solutions: We understand that every organization is unique. Our solutions are customized to meet your specific needs. Results-Driven: We’re committed to delivering tangible, lasting results that elevate your workplace. Don't Wait to Transform your Organization. Reach Out for a Consultation TodayRelated Episodes – ERP Organizational Communication StrategiesEpisode 77: Organizational Culture for Effective Change Management with guest Daryl Conner Episode 75: The Science of Successful Organizational Change with guest Paul Gibbons Episode 72: Human Capital Management with guest Brent Skinner Episode 49: ERP Organizational Change: Stakeholder Dynamics with guest Samantha Jung-Fielding Related Articles – ERP Organizational Communication StrategiesStrategic Engagement of ERP Stakeholders: A Key to ERP Implementation Success Understanding Motivation: A Key to ERP Success Navigating and Influencing Organizational Culture Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... About Nestell & AssociatesWhere People, Processes, and Technology AlignNestell & Associates is a highly specialized IT and ERP change management consulting firm that serves as a business-savvy, tenured, and highly technical-proficient business partner to private equity firms. We provide expert vendor-neutral IT and ERP services necessary to support their business objectives. Our team of experts excels at organizational change, preparedness, and digital transformation success. Our approach has been proven to be successful by focusing on key areas such as organizational culture, change, and readiness, we’ve helped our clients achieve their IT and ERP business objectives from improving IT security to managing complex transformational M&A initiatives. We are passionate about helping our clients succeed and achieving positive outcomes. Our goal is to provide the most efficient, organized, experienced, and productive professionals in the industry to implement processes, resources, and technology that will give our private equity partners a competitive advantage and deliver real return on investment. Learn More! Nestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
02 Nov 2023 | Episode 91: Data in Digital Transformations: Creating Maximum Value from Data and Digital Assets | 00:42:34 | |
In this episode…We delve into the intricacies of integrating data into the modern digital landscape. Discover how to unlock the Digital Transformations Value that many leaders are tapping into. Uncover strategies and insights that have a profound impact on harnessing the full potential of digital resources and data, ensuring optimum returns and groundbreaking progress.https://episodes.castos.com/5fc108e0462768-18027408/99084274-9984-462a-b843-c23bd51bc327-Episode-Julia-Bardmesser.mp3GuestJulia BardmesserCEO of Data4Real, LLC, Julia is CEO of Data4Real, LLC, a Board Advisor to several fintech startups and Chair of Technology Advisory Council of Women Leaders in Data and AI (WLDA). She is a recognized thought leader in data driven digital transformation with over 25 years of experience in building technology and business capabilities that enable business growth, innovation, and agility. Julia has led transformational initiatives in many financial services companies such as Voya Financial, Deutsche Bank Citi, FINRA, Freddie Mac, and others. Julia is a much sought-after speaker and mentor in the industry, and she has received recognition across the industry for her significant contributions. She has been named to engatica 2023 list of World’s Top 200 Business and Technology Innovators; received 2022 WLDA Changemaker in AI award; has been named to CDO Magazine’s List of Global Data Power Women three years in the row; named Top 150 Business Transformation Leader by Constellation Research in 2019; and recognized as the Best Data Management Practitioner by A-Team Data Management Insight in 2017. She holds a Master of Arts in Economics from New York University. Connect Host & Founding Partner of Nestell & AssociatesDr. Jack G. NestellFounding Partner | Nestell & Associates Dr. Jack G. Nestell is a highly accomplished IT and ERP business advisor, author, and speaker with over 30 years of experience in leadership and implementation of ERP systems across various industries. He is the founding partner of Nestell & Associates, a management and strategy firm that specializes in organizational change, readiness, and ERP implementation. Dr. Nestell is also an accomplished academic researcher who has contributed to ERP research. With his practical expertise and academic knowledge, he provides innovative and proven solutions for his clients. Episode Highlights Timeline[04:11] Segment 1: The Genesis of Data Strategy in Digital Transformations
[14:43] Segment 2: Practical Insights into Data-Driven Business Strategies – Breakdown between tech and strategy
[23:03] Segment 3: The Future of Data in Digital Transformations and M&As
[38:05] Golden Nugget Question Julia, as we wrap up our discussion, I always like to ask our guests for a ‘golden nugget.’ Based on everything we’ve discussed today, what’s that one key takeaway, grounded in your knowledge and expertise, that our listeners can adopt to truly help them move the needle forward in their own endeavors? Seeking to uncover the true Digital Transformations Value in your enterprise?At Nestell and Associates, we specialize in guiding firms to harness the unparalleled potential of their data and digital strategies. Let’s elevate your business to the forefront of digital innovation. Reach out to Nestell & Associates todayRelated Episodes – Digital Transformations ValueEpisode 89: AI’s Role in ERP and Organizational Evolution with Guest David Shapiro Episode 86: The Power of Data: The Dashboard Effect and Business Intelligence Strategies with Guest Jon Thompson Episode 77: Organizational Culture for Effective Change Management with Guest Daryl Conner Episode 75: The Science of Successful Organizational Change with Guest Paul Gibbons Related Articles – Digital Transformations ValueWhat is Digital Transformation & Why is it Important Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... About Nestell & AssociatesWhere People, Processes, and Technology AlignNestell & Associates is a highly specialized IT and ERP change management consulting firm that serves as a business-savvy, tenured, and highly technical-proficient business partner to private equity firms. We provide expert vendor-neutral IT and ERP services necessary to support their business objectives. Our team of experts excels at organizational change, preparedness, and digital transformation success. Our approach has been proven to be successful by focusing on key areas such as organizational culture, change, and readiness, we’ve helped our clients achieve their IT and ERP business objectives from improving IT security to managing complex transformational M&A initiatives. We are passionate about helping our clients succeed and achieving positive outcomes. Our goal is to provide the most efficient, organized, experienced, and productive professionals in the industry to implement processes, resources, and technology that will give our private equity partners a competitive advantage and deliver real return on investment. Learn More! Nestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
21 Nov 2023 | Episode 92: Answer Intelligence: Elevating Business Communication & Leadership | 00:43:14 | |
Improving Business CommunicationIn this episode we dive into a groundbreaking approach that’s at the forefront of improving business communication and leadership: Answer Intelligence, or AQ. This innovative concept is reshaping how we understand and implement effective communication strategies within the business realm. This approach, rooted in the science of questions and answers, offers a strategic framework for decision-making, leadership, and effective communication. As our business landscapes evolve, understanding and leveraging AQ can be the key to heightened influence and success. Delving into the nuances of AQ is not just enlightening but essential for our listeners involved in Private Equity, M&As, IT governance, and more. https://episodes.castos.com/5fc108e0462768-18027408/ab7ebbed-91fd-4f28-8042-f2825dfab8d5-Episode-Brian-Glibkowski.mp3Guest – Business Communication Strategies ExpertBrian Glibkowski PhDDr. Brian Glibkowski is an author, researcher, and futurist passionate about the role of questions and answers in business and society. His journey started with his research on questions. He authored an article on questions that has been recognized by the Association of Human Resource Development as one of ten articles that will shape the 21st century. During his research on questions, one simple observation stopped him in his tracks. We know a lot about questions. We know very little about answers. In grade school we teach children about questions, not answers. Our children learn about the six wh-questions (why, what when, where, who, how) and they learn about open and closed questions. There is no typology of answers we teach our children. Journalists, physicians, sales reps, executive coaches, and almost all professionals have been trained in questions, not answers. Business books with question in the title outnumber books with answer in the title 3 to 1. His new book is Answer Intelligence: Raise Your AQ. The book introduces a new science of answers that is nominated for a 2022 Prose award for professional and scholarly excellence. The book rights have been purchased for translation into multiple languages. The AQ framework has been adopted by universities, including the Imperial College of London Business School (global top 20). Certified AQ Partners from the USA, UK, UAE, Australia, India, and elsewhere use AQ with forward thinking organizations around the world. Connect More FREE AQ EXPLORATION TEST: https://www.raiseyouraq.com/explore.htmlBook: https://www.raiseyouraq.com/learn.html?data-anchor-link=bookTEDx: https://www.raiseyouraq.com/learn.html?data-anchor-link=tedx Host & Founding Partner of Nestell & AssociatesDr. Jack G. NestellFounding Partner | Nestell & Associates Dr. Jack G. Nestell is a highly accomplished IT and ERP business advisor, author, and speaker with over 30 years of experience in leadership and implementation of ERP systems across various industries. He is the founding partner of Nestell & Associates, a management and strategy firm that specializes in organizational change, readiness, and ERP implementation. Dr. Nestell is also an accomplished academic researcher who has contributed to ERP research. With his practical expertise and academic knowledge, he provides innovative and proven solutions for his clients. Episode Highlights Timeline[04:06] Segment 1: The Science Behind AQ – Understanding Answer Intelligence (AQ) and Its Impact on Business Leadership
[12:46] Segment 2: Elevating Business Communication strategies with AQ
[27:55] Segment 3: AQ in Action – From Theory and Framework to Practice
Inspired to elevate your organization by Improving Business Communication?If you’re seeking to enhance your corporate communication skills and implement effective business communication strategies, Nestell & Associates is here to guide you. We specialize in tailoring solutions that address your specific needs in improving business communication. Reach out to us today to see how we can help transform your organization’s communication dynamics and leadership approaches. Achieve your Organizational Goals - Reach Out Today!Related Episodes – Improving Business CommunicationEpisode 90: Courageous Organizational Communication: A Model for Effective Workplaces with Guest Alex Lyon PhD Episode 75: The Science of Successful Organizational Change with Guest Paul Gibbons Related ArticlesOptimizing ERP Organizational Change with Effective Communication Stakeholder Group Diversity and Relationships in ERP Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... About Nestell & AssociatesWhere People, Processes, and Technology AlignNestell & Associates specializes in providing M&A ERP and IT consulting services for private equity firms and their portfolio companies. We offer a range of vendor-neutral services to support all stages of the investment cycle. Moreover, we know how to effectively minimize or eliminate the issues you experience during M&A. With Private Equity Technology Solutions as 100% of our business, we bring a unique approach to ERP that other firms can’t compete with. Learn About Our ServicesNestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
02 Jan 2024 | Episode 93: Smart Manufacturing in Industry 4.0: Technology & Operational Excellence | 00:41:08 | |
Industry 4.0 Insights on Harnessing Technology for Smart Manufacturing and Operational ExcellenceIn this episode, we focus on the evolution of manufacturing in the Industry 4.0 era, highlighting Smart Manufacturing Insights. We delve into how changes in mindset and processes, driven by technology, are reshaping the sector. This discussion is particularly insightful for those in private equity, ERP organizational change, and mergers and acquisitions. We explore the integration of technology with traditional manufacturing practices, offering key strategies for operational excellence. Join us for a concise yet rich exploration of the future of manufacturing, where smart manufacturing insights meet practical application. https://episodes.castos.com/5fc108e0462768-18027408/1618225/c1e-484zigv7x7b909jr-7n774mg3tmvm-ekbdu3.mp3GUEST - Andrew SparrowWW Vice President: Software & Services XD Innovation I drive New Product Innovation & Optimization projects for companies using cutting-edge tech & software solutions to keep them at the forefront of the 4IRMy Service is the provision of permanent talent & project based sub-contracted resources in PLM, Smart Manufacturing & Platformization4.0I love & thrive in working with some of the world’s largest companies such as Airbus, Capgemini, Dassault Systemes, Ericsson, JLR, TOTAL, Siemens, Sony, Subsea7 & UnileverI’m a big people-person & have spent my life meeting as many people & cultures as I can. At my last count, I am lucky enough to have visited & done business in over 55 countriesSo far my community is approaching 20,000 & continues to grow as each day I try to bring value to that audience through my vlogs, blogs & podcasts Host & Founding Partner of Nestell & AssociatesDr. Jack G. NestellFounding Partner | Nestell & Associates Dr. Jack G. Nestell is a highly accomplished IT and ERP business advisor, author, and speaker with over 30 years of experience in leadership and implementation of ERP systems across various industries. He is the founding partner of Nestell & Associates, a management and strategy firm that specializes in organizational change, readiness, and ERP implementation. Dr. Nestell is also an accomplished academic researcher who has contributed to ERP research. With his practical expertise and academic knowledge, he provides innovative and proven solutions for his clients. Episode Highlights Timeline[07:46] Segment 1: The Mindset of Change
[18:31] Segment 2: Agile Revolutions & Technological Innovations
[24:02] Segment 3: The Future of Manufacturing & The Role of Technology
Transform Your Operations with Nestell & AssociatesLooking to harness the power of Smart Manufacturing Insights? Nestell & Associates is here to guide your journey into Industry 4.0. We provide expert solutions and strategies aligned with the insights discussed in today’s episode. Take the first step towards transforming your operations. Contact us to today to unlock the full potential of smart manufacturing in your business!Related Episodes – Smart Manufacturing Insights92: Answer Intelligence: Elevating Business Communication & Leadership with Guest Brian Glibkowski 45: Private Equity: Leading Through M&A and ERP Disruption with Guest Constance Dierickx 41 Taking Smart Risks: How Sharp Leaders Win when Stakes are High with Guest Doug Sundheim 39: The Smartest Person in the Room with Guest Christian Espinosa 32: Leadership, Innovation, and Technology with Guest John Rouda The ERP Organizational Change Success BlogERP Business Processes: Navigating the Balancing Act We share smart ERP solutions and success stories and promote organizational change and digital transformation success through industry trends and dedicated ERP professionals. Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... About Nestell & AssociatesWhere People, Processes, and Technology AlignNestell & Associates specializes in providing M&A ERP and IT consulting services for private equity firms and their portfolio companies. We offer a range of vendor-neutral services to support all stages of the investment cycle. Moreover, we know how to effectively minimize or eliminate the issues you experience during M&A. With Private Equity Technology Solutions as 100% of our business, we bring a unique approach to ERP that other firms can’t compete with. Learn About Our ServicesNestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
10 Jan 2024 | Episode 94: Smart Digital Transformation in Private Equity | 00:38:30 | |
Explore Smart Digital Transformation for Private EquityIn this episode, we delve into ‘Smart Digital Transformation for Private Equity.’ We’ll explore strategies to unlock value, discuss the role of the Digital Operating Partner, and navigate the digital transformation journey. Our goal is to offer insight to thrive in the world of PE mergers and acquisitions. https://episodes.castos.com/5fc108e0462768-18027408/1627893/c1e-2182f13p13a595ng-qxn40pv2idgo-mdrlsp.mp3GUEST - Bruce Sinclair - Smart Digital Transformation for Private EquityManaging Partner @ DIGITAL OPERATING PARTNERS | Private Equity Bruce Sinclair is a business consultant whose 30-year career has encompassed high technology, business and investment. Operationally, he began as a mathematician and then programmer who quickly found his way to business through marketing. He worked his way through product marketing and brand management to be VP of Marketing for a large Microsoft subsidiary. After that, he was the CEO of a number of tech companies before moving into consulting. Bruce wrote the bestselling smart digital transformation book, IoT Inc, published by McGraw-Hill, and has certified hundreds of professionals with his ICIP program and over a hundred thousand more with his courses on LinkedIn Learning. Since 2015, he has advised companies on how to use smart digital transformation to create enterprise value – first as an independent consultant and then as an operating partner for a large middle-market private equity firm. Find out more at iot-inc.com and digitaloperatingpartners.com. Host & Founding Partner of Nestell & AssociatesDr. Jack G. NestellFounding Partner | Nestell & Associates Dr. Jack G. Nestell is a highly accomplished IT and ERP business advisor, author, and speaker with over 30 years of experience in leadership and implementation of ERP systems across various industries. He is the founding partner of Nestell & Associates, a management and strategy firm that specializes in organizational change, readiness, and ERP implementation. Dr. Nestell is also an accomplished academic researcher who has contributed to ERP research. With his practical expertise and academic knowledge, he provides innovative and proven solutions for his clients. Find out more at nestellassociates.com Episode Highlights Timeline: Smart Digital Transformation for Private Equity(07:09) Segment 1: Smart Digital Transformation in Private Equity
(21:22) Segment 2: The Role of the Digital Operating Partner
(31:10) Segment 3: Future Trends in Digital Transformation
(32:27) Golden Nugget Question As we wrap up this incredibly insightful conversation, I’d like to ask you for the ‘Golden Nugget’. Given all that we’ve discussed today, could you briefly summarize the key takeaways our listeners should remember? Based on these insights, what is the single most valuable piece of advice you would offer our listeners as they navigate their own journeys regarding private equity, value creation, and digital transformation? Ready for Smart Digital Transformation in Private Equity?Are you ready to take your private equity business to the next level with smart digital transformation? Nestell & Associates specializes in Smart Digital Transformation for Private Equity. Learn more about how our expert guidance and solutions are tailored to your needs. Visit us to today!!Related Episodes – Smart Digital Transformations for Private Equity93: Smart Manufacturing in Industry 4.0: Technology & Operational Excellence with Guest Andrew Sparrow 91: Data in Digital Transformations: Creating Maximum Value from Data and Digital Assets with Guest Julia Bardmesser 41: Taking Smart Risks: How Sharp Leaders Win When Stakes Are High with Guest Doug Sundheim 39: The Smartest Person in the Room with Guest Christian Espinosa 32: Leadership, Innovation, and Technology with Guest John Rouda The ERP Organizational Change Success BlogWhat is Digital Transformation? Technology and the Future of ERP Organizational Change Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... About Nestell & AssociatesWhere People, Processes, and Technology AlignNestell & Associates specializes in providing M&A ERP and IT consulting services for private equity firms and their portfolio companies. We offer a range of vendor-neutral services to support all stages of the investment cycle. Moreover, we know how to effectively minimize or eliminate the issues you experience during M&A. With Private Equity Technology Solutions as 100% of our business, we bring a unique approach to ERP that other firms can’t compete with. Learn About Our ServicesNestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
18 Jan 2024 | Episode 95: Transforming Supply Chains: Insights from SourceDay’s CEO | 00:38:12 | |
Transforming Supply Chains: Insights from SourceDay’s CEO Episode OverviewIn today’s episode, we delve into the world of supply chain management, exploring the challenges and opportunities in Transforming Supply Chains, and how technological innovations like SourceDay’s software are revolutionizing this space. With SourceDay’s CEO Insights, we’ll learn how stakeholders can leverage these advancements for greater profitability and efficiency. Stay with us to understand the landscape of supplier collaboration and get a glimpse of what the future holds in this sector. https://episodes.castos.com/5fc108e0462768-18027408/1636600/c1e-6p8vs1rn78iz2zx4-v0849v66h5r2-syplas.mp3Meet the Guest – SourceDay’s CEO InsightsTom Kieley - Transforming Supply ChainsCEO and Co-Founder of SourceDay As a veteran business owner, Tom knows how to recruit top talent and build a lean team to manage growth. He is also good at conveying company vision and goals to employees, partners, prospects, customers, and industry leaders. But it’s the execution of that vision that makes him such an asset for SourceDay. Tom wears many hats, but his priority is maintaining key relationships and providing oversight across SourceDay. His decade plus of experience in product management and operations, hardware and software sales and supply chain management fosters his creative ideas around how best to achieve the goals that lead to company success. Meet the HostDr. Jack G. NestellFounding Partner | Nestell & Associates Dr. Jack G. Nestell is a highly accomplished IT and ERP business advisor, author, and speaker with over 30 years of experience in leadership and implementation of ERP systems across various industries. He is the founding partner of Nestell & Associates, a management and strategy firm that specializes in organizational change, readiness, and ERP implementation. Dr. Nestell is also an accomplished academic researcher who has contributed to ERP research. With his practical expertise and academic knowledge, he provides innovative and proven solutions for his clients. Find out more at nestellassociates.com Transforming Supply Chains: Key Discussion points
Resources Mentioned:
Ready for Smart Digital Transformation in Private Equity?Are you ready to take your private equity business to the next level with smart digital transformation? Nestell & Associates specializes in Smart Digital Transformation for Private Equity. Learn more about how our expert guidance and solutions are tailored to your needs. Visit Us TodayRelated Episodes – Smart Digital Transformations for Private Equity
Related Article – The ERP Organizational Change Success BlogTechnology and the Future of ERP Organizational Change Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... About Nestell & AssociatesWhere People, Processes, and Technology AlignNestell & Associates specializes in providing M&A ERP and IT consulting services for private equity firms and their portfolio companies. We offer a range of vendor-neutral services to support all stages of the investment cycle. Moreover, we know how to effectively minimize or eliminate the issues you experience during M&A. With Private Equity Technology Solutions as 100% of our business, we bring a unique approach to ERP that other firms can’t compete with. Learn About Our ServicesNestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
01 Feb 2024 | Episode 96: Transforming Organizational Culture with ERP Leadership Training and Virtual Meetings | 00:42:18 | |
Transforming Organizational Culture ERP Leadership Training: Virtual Meetings Episode Overview – ERP Leadership Training for Successful Virtual ERP MeetingsIn this episode, we will discuss some ERP leadership training insight. We’ll explore the nuances of virtual team building for executives and how it’s shaping the future of decision-making and team dynamics in the high-stakes world of Private Equity. We’ll delve into the art of cultivating collaborative skills essential for driving organizational change. This discussion is especially valuable for PE executives, team leaders, and change agents navigating the complexities of virtual ERP meetings and online leadership development and seeking to enhance their leadership impact in this digital era. https://episodes.castos.com/5fc108e0462768-18027408/1649631/c1e-484zigp8q6h909jr-jkwknmrzh09m-lsmfo8.mp3Meet the Guest – Virtual Leadership Training: Collaborative Skills for ChangeEvan UngerManaging Partner - Schwartz and Associates Evan Unger has 25 years’ experience driving organizational change initiatives, both as an executive in the pharmaceutical and healthcare industries and as an external consultant. Since 1988 he has consulted with clients in small organizations, school systems and in Fortune 100 companies domestically and across Europe, the Pacific Rim and South America. He served in several key leadership positions for Merck, a global pharmaceutical manufacturer, and as Vice President of Leadership, Change & Development for Centura Health, Colorado’s largest healthcare provider. He has trained thousands of people in the art of collaborative leadership, and specializes in building teams, change management and complex meeting facilitation. Evan received his BS in Psychology and Economics from Duke University and MBA from the University of Michigan. He recharges once a year with a ten-day, silent meditation retreat. He currently resides in Denver, Colorado. Meet the HostDr. Jack G. NestellFounding Partner | Nestell & Associates Dr. Jack G. Nestell is a highly accomplished IT and ERP business advisor, author, and speaker with over 30 years of experience in leadership and implementation of ERP systems across various industries. He is the founding partner of Nestell & Associates, a management and strategy firm that specializes in organizational change, readiness, and ERP implementation. Dr. Nestell is also an accomplished academic researcher who has contributed to ERP research. With his practical expertise and academic knowledge, he provides innovative and proven solutions for his clients. Find out more at nestellassociates.com Key Discussion Points: Virtual Team Building for Executives:06:40 Segment 1: Leadership in High-Stakes Virtual Meetings
18:35 Segment 2: Cultivating Collaborative Decision-Making
30:07 Segment 3: Transforming Organizational Culture through Virtual Training
Resources Mentioned:For information on the Collaborative Leadership Virtual Facilitation skills program www.terischwartzassociates.com
Nestell & Associates Can Guide You in ERP Leadership Training.If you’re looking to revolutionize your approach to Virtual Leadership Training and organizational change within your Private Equity firm or portfolio companies, our team at Nestell & Associates is here to guide you. With our expertise in fostering dynamic transformations, we can help you navigate the complexities of the PE landscape. Contact us to discover how our tailored strategies can propel your business forward. Contact Us TodayRelated Episodes
Related Article – The ERP Organizational Change Success BlogERP Leadership Matters: Leadership Theory and Practice Reflection De-risk Your ERP Project: Organizational Culture Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... About Nestell & AssociatesWhere People, Processes, and Technology AlignNestell & Associates specializes in providing M&A ERP and IT consulting services for private equity firms and their portfolio companies. We offer a range of vendor-neutral services to support all stages of the investment cycle. Moreover, we know how to effectively minimize or eliminate the issues you experience during M&A. With Private Equity Technology Solutions as 100% of our business, we bring a unique approach to ERP that other firms can’t compete with. Learn About Our ServicesNestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
06 Mar 2024 | Episode 97: PE Digital Strategies: Digital Transformation and Organizational Change | 00:48:49 | |
PE Digital Strategies: Digital Transformation and Organizational Change Episode Overview – Private Equity Technology IntegrationIn this episode, we dive into PE Digital Strategies and mechanisms that drive success in private equity firms. We’ll explore cutting-edge strategies for sustainable growth, how to effectively lead through transformational changes and the critical role of Private Equity Technology Integration. This episode is a must-listen for C-level executives, private equity professionals, and anyone involved in the PE ecosystem looking to sharpen their strategic edge and lead their organizations toward a prosperous future. Whether you’re navigating complex mergers and acquisitions, dealing with the nuances of IT governance, or steering your firm through the waters of digital transformation, the insights shared today will be invaluable. https://episodes.castos.com/5fc108e0462768-18027408/1678100/c1e-1g2maj9v02t171k2-gdqgk5dxip94-fx8gjn.mp3Meet the Guest – PE Digital Startegies ExpertKit LisleFounder, TheOperators.pe, a peer community for the Private Equity Ecosystem: Career Resource Council and Strategic Growth Council for Operators, plus the Independent Sponsors Council and Trusted Advisors Council. I am committed to being a Net Giver. Professionally, I am a resource for strategic growth planning and decision-making, More specifically, I am dedicated to creating safe spaces for PE-backed executives to collaborate with one another, for one another. This includes:
Contact me to learn more or to join our groups! kit@strategicgrowthcouncil.com | 703.867.7269 (Mobile) Meet the HostDr. Jack G. NestellFounding Partner | Nestell & Associates Dr. Jack G. Nestell is a highly accomplished IT and ERP business advisor, author, and speaker with over 30 years of experience in leadership and implementation of ERP systems across various industries. He is the founding partner of Nestell & Associates, a management and strategy firm that specializes in organizational change, readiness, and ERP implementation. Dr. Nestell is also an accomplished academic researcher who has contributed to ERP research. With his practical expertise and academic knowledge, he provides innovative and proven solutions for his clients. Find out more at nestellassociates.com Key Discussion Points: Digital Transformation strategies in PE07:28 Segment 1: “PE Digital Strategies for sustained Growth”
23:41 Segment 2: “Leading Through Change: Insights for PE Executives”
43:05 Golden Nuggetwhat is the most valuable piece of advice you would offer our listeners as they navigate their journeys in private equity growth and transformation? "Ready to Elevate your firm's PE Digital Strategies?Explore our expertise in Digital Transformation Strategies in PE and Private Equity Technology Integration. Let’s collaborate to harness the full potential of digital innovation and technology for your private equity firm. Reach out today to discover how we can drive sustainable growth and competitive advantage together. Your journey towards transformation begins here. Contact Us TodayRelated Episodes – Private Equity Technology Integration86: The Power of Data: The Dashboard Effect and Business Intelligence Strategies with Guest, Jon Thompson 79: De-risking Executive Recruitment for Private Equity with Guest, Alex Rawlings 89: AI’s Role in ERP and Organizational Evolution with Guest, David Shapiro 77: Organizational Culture for Effective Change Management with Guets, Daryl Conner Related Article – The ERP Organizational Change Success Bloghttps://nestellassociates.com/de-risk-your-portfolio-erp-project-organizational-culture/ Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... About Nestell & AssociatesWhere People, Processes, and Technology AlignNestell & Associates specializes in providing M&A ERP and IT consulting services for private equity firms and their portfolio companies. We offer a range of vendor-neutral services to support all stages of the investment cycle. Moreover, we know how to effectively minimize or eliminate the issues you experience during M&A. With Private Equity Technology Solutions as 100% of our business, we bring a unique approach to ERP that other firms can’t compete with. Learn About Our ServicesNestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
14 Mar 2024 | Episode 98: Strategic ERP Transformation: Change Management, PMO, and M&A Insights | 00:59:29 | |
Strategic ERP Transformation: Change Management, PMO, and M&A Insights Episode Overview – Strategic ERP TransformationIn this episode, we explore the vital intersections of PMO, IT governance, and the dynamic world of mergers and acquisitions. This episode is loaded with value for investment firm leaders, strategic planners, and anyone keen on understanding the nuances of driving successful organizational change in a competitive environment. You’ll gain insights into the best practices of PMO implementation, the role of IT in transformative mergers, and how to navigate the complexities of corporate change. Whether you’re an executive, a project manager, or a stakeholder in the investment community, this episode is designed to provide you with valuable knowledge to enhance your approach to strategic ERP Transformation. https://episodes.castos.com/5fc108e0462768-18027408/1688417/c1e-jwxrbq015pc0o0x4-1xg6x836awxd-fpc1np.mp3Meet the Guest – Strategic ERP TransformationJen L. Skrabak, PfMP, PMP, MBAVice President NSA SoCal I have over 18 years of corporate experience as an Executive for F500 companies leading strategic planning, portfolio/program management, organizational change management, and operational excellence. I currently serve as Vice President at NSA SoCal, a leading professional speakers association. I hold the PfMP, PMP, and Prosci certifications, as well as the PMI Distinguished Contribution Award. As an international keynote speaker, author, and award-winning expert, I share my insights and best practices on how to lead and manage complex digital transformation programs across various industries, such as HealthTech, SaaS, and Cloud/Data/Analytics. I have created, designed, and led five Program Management Offices (PMOs) with teams of 50-500 for large organizations, including a Fortune 5 company, and managed portfolios and programs worth hundreds of millions of dollars. I am passionate about empowering and inspiring project professionals to unleash their superpowers by helping them strategize their portfolio, career, and life. Meet the HostDr. Jack G. NestellFounding Partner | Nestell & Associates Dr. Jack G. Nestell is a highly accomplished IT and ERP business advisor, author, and speaker with over 30 years of experience in leadership and implementation of ERP systems across various industries. He is the founding partner of Nestell & Associates, a management and strategy firm that specializes in organizational change, readiness, and ERP implementation. Dr. Nestell is also an accomplished academic researcher who has contributed to ERP research. With his practical expertise and academic knowledge, he provides innovative and proven solutions for his clients. Find out more at nestellassociates.com Key Discussion Points: ERP Change Management06:30 Segment 1: Strategic ERP Transformation: Strategies for Organizational Change in Growth
21:48 Segment 2: Integrating IT and ERP for Transformational Success
40:15 Segment 3: Optimizing IT and ERP for Enhanced Returns
Harness the Full Power of Your ERP System for Strategic ERP Transformation Success!At Nestell & Associates, we specialize in Strategic ERP Transformation, guiding you through every step of your journey toward operational excellence and sustained growth. Our expert team is dedicated to unlocking the full potential of your ERP systems, ensuring seamless integration and optimization that drives real business value. Discover how we can transform your ERP challenges into your competitive advantage! Contact Us TodayRelated Episodes – Strategic ERP TransformationEpisode 100: AI-Driven Digital Transformations Episode 89: AI’s Role in ERP and Organizational Evolution Episode 68: ERP Organizational Change Implementation-Practitioner Pointers
Related Article from The ERP Organizational Change Success BlogA Letter TO: CxOs FROM: Your Upcoming ERP Project Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... About Nestell & AssociatesWhere People, Processes, and Technology AlignNestell & Associates specializes in providing M&A ERP and IT consulting services for private equity firms and their portfolio companies. We offer a range of vendor-neutral services to support all stages of the investment cycle. Moreover, we know how to effectively minimize or eliminate the issues you experience during M&A. With Private Equity Technology Solutions as 100% of our business, we bring a unique approach to ERP that other firms can’t compete with. Learn About Our ServicesNestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
21 Mar 2024 | Episode 99: Effective ERP Communication Strategies for Business-IT Alignment | 00:44:46 | |
Effective ERP Communication Strategies for Business-IT Alignment Episode Overview – ERP Communication StrategiesIn this episode, we dive into “Effective ERP Communication Strategies for Business-IT Alignment.” We explore the essential tactics and strategies to bridge the gap between IT and business teams, ensuring successful ERP implementations and organizational change. Our discussion will benefit IT professionals, business leaders, and anyone involved in ERP projects seeking to enhance collaboration and drive project success. Whether you’re navigating the complexities of ERP integration or aiming to foster a more cohesive working environment, this episode is packed with insights to guide you. https://episodes.castos.com/5fc108e0462768-18027408/1693421/c1e-3251t5xq95b6x6n4-qxnzod4kcpj3-2xtoee.mp3 Meet the Guest – Strategic ERP TransformationChris FenningAuthor | Advisor | On a mission to help IT and business teams communicate better. Joining us today is Chris Fenning, an expert in simplifying complex communications between technical and business teams.Chris is an award-winning author, sought-after speaker, and university guest lecturer based in Limburg, Netherlands. With over 15 years of experience, he has mastered the art of making IT and business communication less painful across various industries and countries. Chris’s mission to help technical and business teams communicate clearly has transformed the way organizations operate, making him the perfect guest to discuss today’s topic. Connect With Chris
Meet the HostDr. Jack G. NestellFounding Partner | Nestell & Associates Dr. Jack G. Nestell is a highly accomplished IT and ERP business advisor, author, and speaker with over 30 years of experience in leadership and implementation of ERP systems across various industries. He is the founding partner of Nestell & Associates, a management and strategy firm that specializes in organizational change, readiness, and ERP implementation. Dr. Nestell is also an accomplished academic researcher who has contributed to ERP research. With his practical expertise and academic knowledge, he provides innovative and proven solutions for his clients.Find out more at nestellassociates.com Key Discussion Points: ERP Communication Strategies04:56 Segment 1: Bridging IT-Business Communication Gaps
12:35 Segment 2: Effective Communication for Technical CollaborationSwitch from recognizing the problem or the gap to effective communication…
26:00 Segment 3: Maximizing Business Value Through Communication
40:25 Golden Nugget Take-a-WayReady to transform your organization's communication strategies and ensure successful change management?Nestell & Associates specializes in bridging the gap between IT and business teams, facilitating seamless ERP implementations and organizational transformations. Don’t let communication challenges hold your projects back. Contact us today to discover how we can tailor our expertise to your unique needs, driving your business forward with effective ERP communication strategies. Contact Us TodayRelated Episodes – ERP Communication Strategies96: Transforming Organizational Culture with ERP Leadership Training and Virtual Meetings with Guest Evan Unger 92: Answer Intelligence: Elevating Business Communication & Leadership with Guest Brian Glibkowski, PhD 90: Courageous Organizational Communication: A Model for Effective Workplaces with Guest Alex Lyon, PhD 82: Practical ERP Leadership with Effective Leadership Strategies with Guest Drew Dudley Related Article from The ERP Organizational Change Success BlogERP Implementation Gap Analysis: Uncover Real Influences for ERP Organizational Change Success Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... About Nestell & AssociatesWhere People, Processes, and Technology AlignNestell & Associates specializes in providing M&A ERP and IT consulting services for private equity firms and their portfolio companies. We offer a range of vendor-neutral services to support all stages of the investment cycle. Moreover, we know how to effectively minimize or eliminate the issues you experience during M&A. With Private Equity Technology Solutions as 100% of our business, we bring a unique approach to ERP that other firms can’t compete with. Learn About Our Services Nestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
02 Apr 2024 | Episode 100: AI-Driven Digital Transformations | 01:00:20 | |
AI-Driven Digital Transformations Episode Overview – AI-Driven Digital TransformationsIn this episode, we’re focusing on AI-driven digital transformation and its pivotal role in AI in ERP integration, as well as its influence on organizational culture. In an era where AI is indispensable, we’ll explore how this revolution not only transforms business processes but also fundamentally alters how organizations function at their core. https://episodes.castos.com/5fc108e0462768-18027408/1710248/c1e-z71xim5o89hn2n58-jk0422q0tqd-ni1mtv.mp3Meet the Guest – AI-Driven Digital Transformation ExpertDavid ShapiroYouTube creator and AI researcher. We’re thrilled to welcome back David Shapiro to the show, an expert in AI and digital transformation. David returns with fresh perspectives on leveraging AI in the business environment. His work continues to influence the way we think about ERP systems, leadership, and organizational evolution in the digital age. With a proven track record of driving ethical and impactful AI integration into business strategies, David’s insights are invaluable. Connect With David
Meet the HostDr. Jack G. NestellFounding Partner | Nestell & Associates Dr. Jack G. Nestell is a highly accomplished IT and ERP business advisor, author, and speaker with over 30 years of experience in leadership and implementation of ERP systems across various industries. He is the founding partner of Nestell & Associates, a management and strategy firm that specializes in organizational change, readiness, and ERP implementation. Dr. Nestell is also an accomplished academic researcher who has contributed to ERP research. With his practical expertise and academic knowledge, he provides innovative and proven solutions for his clients.Find out more at nestellassociates.com Key Discussion Points: ERP Communication Strategies05:17 Segment 1: Latest Developments in AI
30:06 Segment 2: Standards, Regulations, and Governance
40:21 Segment 3: Concerns for Human Creativity and Critical Thinking
45:29 Segment 4: AI in Education
53:25 Golden Nugget QuestionReferencesBook “Why Machines Will Never Rule the World: Artificial Intelligence Without Fear.” Landgrebe, J., & Smith, B. (2022). Routledge. Book “Mind, Machines, and Human Consciousness”, Nadeau, Robert Exploring the synergy between AI, ERP, and digital transformations?Nestell & Associates stands at the forefront of integrating artificial intelligence into enterprise planning and digital shifts. Whether you’re navigating the complexities of ERP systems or delving into research that pushes the boundaries of technology, we’re here to collaborate and guide. Connect with us for a partnership that drives meaningful change. Contact Us TodayRelated Episodes – ERP Communication StrategiesEpisode 98: Strategic ERP Transformation: Change Management, PMO, and M&A Insights Episode 97: PE Digital Strategies: Digital Transformation and Organizational Change Episode 89: AI’s Role in ERP and Organizational Evolution Episode 85: Harnessing AI for ERP Innovation: Balancing Growth, Ethics, and Governance Episode 50: Digital Transformation using Emerging Technologies Related Article from The ERP Organizational Change Success BlogThe Future of ERP: Intrinsically Linked to the Evolution of Artificial Intelligence Intelligent ERP Systems: Artificial Intelligence and Its Impact on ERP Organizational Change Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... About Nestell & AssociatesWhere People, Processes, and Technology AlignNestell & Associates specializes in providing M&A ERP and IT consulting services for private equity firms and their portfolio companies. We offer a range of vendor-neutral services to support all stages of the investment cycle. Moreover, we know how to effectively minimize or eliminate the issues you experience during M&A. With Private Equity Technology Solutions as 100% of our business, we bring a unique approach to ERP that other firms can’t compete with. Learn About Our Services Nestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
11 Apr 2024 | AI and Private Equity Synergy: Fueling Business Transformation | 00:44:51 | |
AI and Private Equity Synergy: Fueling Business Transformation Episode Overview – AI in PE StrategiesIn this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies. We talk about how leveraging AI can not only enhance due diligence and decision-making processes but also create substantial value across portfolio companies. Join us as we unpack the innovative approaches that are setting the stage for the future of PE investments, and how these technological advancements can be integrated to ensure robust, scalable growth in Private Equity. https://episodes.castos.com/5fc108e0462768-18027408/1717468/c1e-8785i9x9gxu4v4q5-k5mw67rruvgz-dhqave.mp3Meet the Guest – AI in PE Strategies ExpertGeorge StellingCEO & Board Member | Driving SaaS & AI Innovation and Business Transformation | Transformation Practitioner & Thought Leader George Stelling is a seasoned CEO, Board Member, and transformation practitioner known for driving SaaS and AI innovation, business transformation, and maximizing profits. With deep expertise in AI, SaaS, technology leadership, private equity, and management consulting, George excels in delivering innovative solutions and value-creation strategies. He has a proven track record in building high-caliber teams, leading transformative initiatives, and crafting digital solutions. His experience spans C-level leadership, consulting, PE operating roles, and board positions, with a focus on digital innovation, AI adoption, strategy execution, and lean manufacturing. George has worked globally, demonstrating a unique ability to deliver strategic and hands-on leadership. Connect With George
Meet the HostDr. Jack G. NestellFounding Partner | Nestell & Associates Dr. Jack G. Nestell is a highly accomplished IT and ERP business advisor, author, and speaker with over 30 years of experience in leadership and implementation of ERP systems across various industries. He is the founding partner of Nestell & Associates, a management and strategy firm that specializes in organizational change, readiness, and ERP implementation. Dr. Nestell is also an accomplished academic researcher who has contributed to ERP research. With his practical expertise and academic knowledge, he provides innovative and proven solutions for his clients. Find out more at nestellassociates.com Podcast “The ERP Organizational Change Journal“ Key Discussion Points: AI in PE Strategies06:45 Segment 1: Leveraging AI for PE-Backed Business Transformation – “Scaling Success: AI-Driven Strategies in PE-Backed Business Transformation”
33:49 Segment 2: Navigating Digital Solutions for Optimized PE Performance – “Digital Mastery in PE: The Roadmap to Enhanced Portfolio Performance”
37:25 Segment 3: Transformative Leadership and the Future of PE Investments – “Visionary Leadership: Steering PE Investments Towards a Transformative Future”
40:38 Golden Nugget Partner with Us for AI-Driven Success in Private EquityIf you’re looking to implement AI strategies in your private equity ventures, Nestell & Associates is your go-to partner. Contact us today to explore how we can drive transformative success together. Contact Us TodayRelated Episodes – AI in PE StrategiesEpisode 100: AI-Driven Digital Transformations Episode 98: Strategic ERP Transformation: Change Management, PMO, and M&A Insights Episode 97: PE Digital Strategies: Digital Transformation and Organizational Change Episode 89: AI’s Role in ERP and Organizational Evolution Episode 85: Harnessing AI for ERP Innovation: Balancing Growth, Ethics, and Governance Episode 50: Digital Transformation using Emerging Technologies Related Article from The ERP Organizational Change Success BlogThe Future of ERP: Intrinsically Linked to the Evolution of Artificial Intelligence Intelligent ERP Systems: Artificial Intelligence and Its Impact on ERP Organizational Change Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... About Nestell & AssociatesWhere People, Processes, and Technology AlignNestell & Associates specializes in providing M&A ERP and IT consulting services for private equity firms and their portfolio companies. We offer a range of vendor-neutral services to support all stages of the investment cycle. Moreover, we know how to effectively minimize or eliminate the issues you experience during M&A. With Private Equity Technology Solutions as 100% of our business, we bring a unique approach to ERP that other firms can’t compete with. Learn About Our Services Nestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
18 Apr 2024 | ERP Organizational Change: Technology Strategy | 00:44:36 | |
ERP Organizational Change: Technology Strategy and Keys to Success Episode Overview – Technology StrategyIn general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project management for successful ERP implementation. However, these are broad categories. Furthermore, extant research has not reached consensus as to which specific factors are most significant and critical towards ERP organizational change success. In this episode, we would like to focus on IT and technology management and offer some tactical tips, provide some practical guidance, and discuss IT and ERP strategy. Please join us as we examine technology strategy. This episode will discuss the definition of IT success, implementation success rates in general, politics and information, the value of IT vision, the power of belief during IT implementations, the most critical components of building an effective IT Strategic Business & Technology Roadmap, and the value of proper systems selection. https://episodes.castos.com/5fc108e0462768-18027408/1722503/c1e-6p8vs21d9msz2zx4-o87zj65gcpdd-qjp9qc.mp3Meet the Guest – Technology Strategy ExpertRuss FinneyDirector of MIS Undergraduate Programs | Assistant Professor of Instruction | UT Austin McCombs School of Business | Advisor & Speaker Mr. Finney serves both as a lecturer and as the director of MIS undergraduate programs in the McCombs School of Business at The University of Texas in Austin teaching technology & business strategy. He is also a senior partner the itmWEB Group where he assists with research projects and the Stratamation Network where he provides advisory services. Mr. Finney has also served as an Interim CIO or CTO for clients bridging executive needs or strengthening their IT capabilities. Connect with RussLinkedIn: https://www.linkedin.com/in/william-russ-finney-159109/ Twitter https://twitter.com/rfinney Websites:
email: rfinney@outlook.com Meet the HostDr. Jack G. NestellFounding Partner | Nestell & Associates Dr. Jack G. Nestell is a highly accomplished IT and ERP business advisor, author, and speaker with over 30 years of experience in leadership and implementation of ERP systems across various industries. He is the founding partner of Nestell & Associates, a management and strategy firm that specializes in organizational change, readiness, and ERP implementation. Dr. Nestell is also an accomplished academic researcher who has contributed to ERP research. With his practical expertise and academic knowledge, he provides innovative and proven solutions for his clients. Find out more at nestellassociates.com Podcast “The ERP Organizational Change Journal“ Key Discussion Points for Technology Strategy:Questions
Golden Nugget: [40:07] Russ, we could go on for hours. But our last question As fellow practitioners, we benefit from learning from our colleagues and friends, both “boots on the ground” as well as researchers. How would you summarize this conversation? If you had to distill your work into 3 or 4 sentences, what would you say to ERP organizational change practitioners? REFERENCES:
Transform Your ERP Challenges into Opportunities with Nestell & AssociatesAt Nestell & Associates, we excel in steering businesses through the demanding terrain of ERP implementation and strategic IT management. If you found value in our discussion on “ERP Organizational Change: Technology Strategy,” and you’re seeking expert guidance, we would love to engage with you! Our dedicated team is ready to tailor solutions that ensure your technology initiatives are perfectly aligned with your organizational goals. Let us help you turn your ERP challenges into strategic opportunities. Contact Us TodayRelated Episodes – Technology StrategyEpisode 98: Strategic ERP Transformation: Change Management, PMO, and M&A Insights Episode 94: Smart Digital Transformation in Private Equity Episode 74: Building an ERP Strategy and Roadmap Episode 50: Digital Transformation using Emerging Technologies Related Article from The ERP Organizational Change Success BlogThe Future of ERP: Intrinsically Linked to the Evolution of Artificial Intelligence Intelligent ERP Systems: Artificial Intelligence and Its Impact on ERP Organizational Change A Letter TO: CxOs FROM: Your Upcoming ERP Project Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... About Nestell & AssociatesWhere People, Processes, and Technology AlignNestell & Associates specializes in providing M&A ERP and IT consulting services for private equity firms and their portfolio companies. We offer a range of vendor-neutral services to support all stages of the investment cycle. Moreover, we know how to effectively minimize or eliminate the issues you experience during M&A. With Private Equity Technology Solutions as 100% of our business, we bring a unique approach to ERP that other firms can’t compete with. Learn About Our Services Nestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com | |||
14 May 2024 | Human Capital in PE-Backed Companies: Strategies for Leadership and Talent Management | 00:47:46 | |
Human Capital in PE-Backed Companies: Strategies for Leadership and Talent Management Episode Overview – PE-backed Human Capital StrategiesToday’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and effective talent management can significantly enhance value creation. We explore the critical strategies needed to assess and optimize human capital from the pre-acquisition phase through to the crucial first 100 days post-acquisition. This discussion is designed to equip private equity professionals with the insights and tools necessary to maximize their investment outcomes through robust human capital strategies. Listen in as we unpack the art of merging leadership excellence with talent optimization to drive sustained growth and success in PE-backed enterprises. https://episodes.castos.com/5fc108e0462768-18027408/1740391/c1e-m39mbnng84fovo51-rownwwdjakdm-e5ojid.mp3Meet the Guest – Private Equity Value Creation ExpertDan CremonsFounder, Accelera Partners Former PE Investor & CEO // Current PE Advisor // Author // 𝘏𝘦𝘭𝘱𝘪𝘯𝘨 𝘢𝘮𝘣𝘪𝘵𝘪𝘰𝘶𝘴 𝘗𝘌-𝘣𝘢𝘤𝘬𝘦𝘥 𝘤𝘰𝘮𝘱𝘢𝘯𝘪𝘦𝘴 𝘢𝘤𝘤𝘦𝘭𝘦𝘳𝘢𝘵𝘦 𝘷𝘢𝘭𝘶𝘦 𝘤𝘳𝘦𝘢𝘵𝘪𝘰𝘯 Dan Cremons is a seasoned Private Equity professional with over 13 years of experience at a top-performing mid-market PE firm. As a former PE investor and CEO, Dan has a profound understanding of the dynamics that drive value in PE-backed companies. He is deeply committed to helping ambitious PE-backed companies accelerate value creation through his expertise in organizational due diligence, leadership alignment, and effective talent management. In 2021, Dan founded Accelera Partners to expand his impact, offering targeted solutions like organizational due diligence pre-acquisition, talent assessment and training post-acquisition, and strategic planning for the critical first 100 days. His approach is rooted in practical experience and is designed to minimize common pitfalls such as lost time and suboptimal growth post-acquisition. Dan is also an author, sharing his insights and strategies in his book which serves as a resource for PE professionals looking to maximize their returns through effective human capital strategies. Connect with DanLinkedIn: https://www.linkedin.com/in/dancremons/ Websites:
email: dan.cremons@gmail.com Meet the HostDr. Jack G. NestellFounding Partner | Nestell & Associates Dr. Jack G. Nestell is a highly accomplished IT and ERP business advisor, author, and speaker with over 30 years of experience in leadership and implementation of ERP systems across various industries. He is the founding partner of Nestell & Associates, a management and strategy firm that specializes in organizational change, readiness, and ERP implementation. Dr. Nestell is also an accomplished academic researcher who has contributed to ERP research. With his practical expertise and academic knowledge, he provides innovative and proven solutions for his clients. Find out more at nestellassociates.com Podcast “The ERP Organizational Change Journal“ Key Discussion Points – PE-backed Human Capital StrategiesQuestions {04:14} Segment 1: “Unleashing Human Capital in PE-Backed Companies”
{20:58} Segment 2: “Optimizing Leadership Dynamics for Value Creation”
{28:48} Segment 3: “Accelerating Performance in the Critical First 100 Days”
{37:25} Segment 4: “Dan Cremons on Winning Moves: Insights from the Book”Winning Moves: 105 Proven Ways to Create Value in Private Equity-Backed Companies
{43:52} Golden NuggetGiven all we’ve discussed today, could you briefly summarize the key takeaways our listeners should remember? And based on these insights, what is the single most valuable piece of advice you would offer our listeners? We invite you to a deeper exploration of these topics with Nestell & Associates.Nestell & Associates specializes in IT and ERP organizational change exclusively within Private Equity. We are not just consultants; we are partners and collaborators in driving success. If you are a private equity firm, a stakeholder in ERP organizational change, or an academic interested in this field, we are eager to collaborate and co-create solutions that not only address today’s challenges but also anticipate tomorrow’s opportunities. Let’s discuss how we can work together to enhance the value of your investments and accelerate your organizational change initiatives. Contact Us TodayRelated Episodes – PE-backed Human Capital StrategiesEpisode 72: ERP Stakeholder Development & Human Capital Management Episode 97: PE Digital Strategies: Digital Transformation and Organizational Change AI and Private Equity Synergy: Fueling Business Transformation
Related Article from The ERP Organizational Change Success BlogERP Transformational Leadership: Does Leader-Culture Fit Matter? ERP Leadership Matters: Leadership Theory and Practice Reflection Trust in ERP Success: Key Themes for Private Equity
Latest EpisodesHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementHuman Capital in PE-Backed Companies: Strategies for Leadership and Talent ManagementEpisode Overview - PE-backed Human Capital Strategies Today’s episode centers on the pivotal role of human capital in PE-backed companies, emphasizing how strategic leadership and... ERP Organizational Change: Technology StrategyERP Organizational Change: Technology Strategy and Keys to SuccessEpisode Overview - Technology Strategy In general, at the highest level of categorization, there seems to be consensus on the importance of people and culture, informational technology, and project... AI and Private Equity Synergy: Fueling Business TransformationAI and Private Equity Synergy: Fueling Business TransformationEpisode Overview - AI in PE Strategies In this episode, we explore how AI and Private Equity synergies are fueling business transformations and reshaping investment strategies and operational efficiencies.... About Nestell & AssociatesWhere People, Processes, and Technology AlignNestell & Associates specializes in providing M&A ERP and IT consulting services for private equity firms and their portfolio companies. We offer a range of vendor-neutral services to support all stages of the investment cycle. Moreover, we know how to effectively minimize or eliminate the issues you experience during M&A. With Private Equity Technology Solutions as 100% of our business, we bring a unique approach to ERP that other firms can’t compete with. Learn About Our Services Nestell & Associates News Dedicated to Private Equity Stakeholders, Practitioners & Researchers Seeking ERP Organizational Change Success! Get the latest Podcast Episodes, Blog Posts, and Research. Where People, Processes, and Technology AlignPrivate Equity Merger and Acquistion Digital Transformation Leadership, Advisory, and Consulting Services Nestell & Associates5000 Birch Street - West Tower, Suite 3000 - Newport Beach, 92660, USA Phone (949) 608-2299 Email info@nestellassociates.com |