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 leadership development theory

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

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Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

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Product Development and Portfolio Management

The Product Development and Portfolio Management Knowledge Base covers the execution processes of new product development projects and programs, including phase-gate processes. It also addresses Product Portfolio Management (PPM), including the evaluation processes of new and existing products and product portfolios to provide the most valuable, balanced, and well aligned portfolio of products.  

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Documents related to » leadership development theory

Latest Development on Epicor's Trying The Divestiture Tack


Even as TEC analyzed Epicor's sale of its Impresa for MRO division, Epicor announced the sale of its Platinum for Windows (PFW) product line. Plagued by depleted revenues and continued hefty losses amid a difficult market situation, Epicor is trying to pull some other beleaguered competitors' trick - the sale of non-core parts of the business.

leadership development theory  to Microsoft Great Plains leadership in the segment, proves the theory of further mid-market consolidation (see The Mid-Market Is Consolidating, Lo And Behold ). Look for more divestiture attempts from Epicor (e.g., Avante and Vista product lines) so that the company remains focused only on further developing its Microsoft-centric flagship products comprised within its e by Epicor product suite. This might help Epicor remain a prominent mid-market leader. In addition to its focus and understanding of the Read More

SAPPHIRE 2014: SAP Simplifies


At SAP’s recent SAPPHIRE NOW event, two themes were clear regarding SAP’s focus in the near future—the company’s commitment to simplification, which in SAP terms means to “run simple,” and second, maybe derived from the first idea, to embrace the cloud even more. As ironically as it sounds for the German company, at times accused of doing precisely the opposite with the offering of systems too complex in many aspects, the simplification movement makes sense and accommodates what the industry certainly will require from them and other vendors in the near future.

leadership development theory  spectrum to push their leadership in the enterprise software arena to the next level. Simplification will likely turn out to be key for a company with a huge amount of complexity within its trenches. A good bet, yet a hard one. Questions of course, will come with regards to the effect in the existing SAP ecosystem (partners, customers and SAP itself) and how SAP will achieve this goal promptly, in a timely manner, and effectively. Of course, much more happened during SAP’s main conference, such as the Read More

Mega-vendors Warming Up to the Cloud - Part 2


Part 1 of this blog series depicted the three evolutionary phases (or waves) of software as a service (SaaS) and cloud computing adoption. The article ended with some glimpses into the future and likely implications for SaaS users. Part 2 explores the apparent opportunities and accompanying challenges (and inevitable soul-searching exercises) that SaaS aspirants face in their endeavors. Some

leadership development theory  about the economic and leadership issues in terms of the executive support, funding approvals, managing legacy products, customers, and partners, SaaS pricing, migrating legacy customers, profitability strategy, and so on and so forth. The technological hurdles go without saying, such as managing research and development (R&D) teams through the transition to the  multitenant  platform/product (for both functional richness and cost efficiencies). Other technical issues are integration, customization Read More

Should E-Business Be Inside or Outside of IT?


All the recent management trends from Continuous Improvement to Business Process Re-engineering have had the same issue we see with E-Business. They have enterprise-wide implications and tend to become part of the corporate department that started the initiative. This article recommends a more strategic business approach.

leadership development theory  to move new technology leadership away from other functional groups. A separate E-Business organization will have the effect of: Prioritizing E-Business activities across the company, thus reducing the ability of any one department to operate independently Creating another interface in relationships with suppliers, customers, and internal departments to promote the companies E-business agenda. Influencing the priorities of IT by creating a powerful lobby for IT resources, thus competing with other Read More

Gaining Competitive Advantage through Global Product Development


Product development is a mission-critical process. And it can also be very expensive. But thanks to modern computer-aided design (CAD), computer-aided engineering (CAE), computer-aided manufacturing (CAM), and product lifecycle management (PLM) systems, many manufacturing companies now have the tools that allow better alignment of cost and value-add. This is what’s referred to as “global product development.” Learn more.

leadership development theory  will someday weaken the leadership position of the high-cost countries and put them at a disadvantage politically. Reply: In fact, just the opposite is likely to occur. As low-cost countries strengthen their economies, their purchasing power will rise and they will demand increasingly sophisticated goods and services from high-cost countries. Furthermore, as the low-cost countries accept the rote and mundane activities of product development, they will free up more time for higher-cost engineers to work Read More

IDe (Integrated Development Enterprise)


Headquartered in Concord, Massachusetts (US), IDe is a provider of Internet-based development chain management (DCM) solutions. The company was incorporated in June 1998 and is focused exclusively on developing software to manage product development. The firm has clients spanning several industries including, electronics and telecommunications, consumer products, automotive, aerospace and industrial, chemicals and plastics, medical and pharmaceutical, as well as software and services.

leadership development theory  (Integrated Development Enterprise) Headquartered in Concord, Massachusetts (US), IDe is a provider of Internet-based development chain management (DCM) solutions. The company was incorporated in June 1998 and is focused exclusively on developing software to manage product development. The firm has clients spanning several industries including, electronics and telecommunications, consumer products, automotive, aerospace and industrial, chemicals and plastics, medical and pharmaceutical, as well as Read More

The Keys to Effective Project Governance Leadership


Project Sponsor.com conducted a three-year research program on project governance. The findings turned up some surprising facts on how project governance is approached and applied in businesses today, and shed some light on what is required for project governance to be effective.

leadership development theory  to Effective Project Governance Leadership Business executives tend to approach project governance with good intentions, but with few governance-specific skills, and with little knowledge or education on the process. It is assumed by all parties involved in a project that no such expertise is needed. This is a false assumption. Between 2003 and 2005, Project Sponsor.com conducted an in-depth project governance study on more than 40 major Australian organizations. The study involved detailed interviews Read More

Key Metrics for Monitoring New Product Development


Since our research-driven beginnings, Johnson & Johnson Advanced Sterilization Products (ASP) has continually improved the new product development (NPD) process. Detailed process mapping has revealed three tiers of business metrics, starting with drivers and moving up through execution metrics to business performance metrics. When driver metrics improves, so does business performance. Six Sigma tools helps identify specific metrics at all tiers and the causality linkages among them. Each NPD process step at ASP results in a deliverable, and each deliverable relates to a trade-off triangle (cost-time-resources) and, ultimately, to investment dollars. To track performance, ASP calculates how actual NPD decisions and what-if scenarios affect deliverables, alter investment triangles, and thereby influence business results. ASP uses similar process and tools, including the investment triangles and Six Sigma QFD, to make idea management decisions. The IDweb real-time software environment enables both the NPD and idea management processes at ASP. By deploying the strategic planning, idea management, portfolio and pipeline management, process management, and resource management modules of IDweb, ASP has increased throughput by 20 percent and reduced cycle time by 40 percent.

leadership development theory  Metrics for Monitoring New Product Development Since our research-driven beginnings, Johnson & Johnson Advanced Sterilization Products (ASP) has continually improved the new product development (NPD) process. Detailed process mapping has revealed three tiers of business metrics, starting with drivers and moving up through execution metrics to business performance metrics. When driver metrics improves, so does business performance. Six Sigma tools helps identify specific metrics at all tiers and the Read More

The Myths and Realities of Product Development and Outsourcing


Recent years have shown a dramatic boom in outsourced product development, and it seems most companies are changing and adapting this practice. However, companies should be wary of some of the false promises and myths of outsourcing. Many outsourcing firms, especially product development firms, can be misleading in their promises. Discover the myths and realities of product development outsourcing.

leadership development theory  Myths and Realities of Product Development and Outsourcing Recent years have shown a dramatic boom in outsourced product development, and it seems most companies are changing and adapting this practice. However, companies should be wary of some of the false promises and myths of outsourcing. Many outsourcing firms, especially product development firms, can be misleading in their promises. Discover the myths and realities of product development outsourcing. Read More

Development of an Internet Payment Processing System


This article describes the author's experience with the development of the first Yugoslav Internet payment processing system. The system's architecture is very similar to the Three Domain (3D) model that started to emerge later. This success story is worthwhile sharing with a wider audience.

leadership development theory  of an Internet Payment Processing System Introduction Early in 1999, the author was asked by E-Bank ( http://www.e-bank.co.yu ), one of his clients, to develop the first Yugoslav Internet payment processing system. This client is a Yugoslav payment processing company that uses BankWorks software by RS2 Software Group ( http://www.rs2group.com ) to process transactions made at ATMs (Automatic Teller Machines) and POS (Point Of Sale) terminals. Developing an internet payment processing system in Read More

PLM (Vendors) and Lean Product Development -- Part 2: Dassault Systèmes


Part 1 of this blog post series discussed in general the relationship between product lifecycle management (PLM) and lean product development (LPD), and pointed out that various PLM vendors may have different interpretations of PLM functionality, as well as different levels of support for users’ LPD initiatives. In this and a few future blog posts, I will choose some PLM vendors and talk about the

leadership development theory  (Vendors) and Lean Product Development -- Part 2: Dassault Systèmes Part 1 of this blog post series discussed in general the relationship between product lifecycle management (PLM) and lean product development (LPD), and pointed out that various PLM vendors may have different interpretations of PLM functionality, as well as different levels of support for users’ LPD initiatives. In this and a few future blog posts, I will choose some PLM vendors and talk about the relationship between each Read More

Product Development and Portfolio Management


The Product Development and Portfolio Management Knowledge Base covers the execution processes of new product development projects and programs, including phase-gate processes. It also addresses Product Portfolio Management (PPM), including the evaluation processes of new and existing products and product portfolios to provide the most valuable, balanced, and well aligned portfolio of products.

leadership development theory  Development and Portfolio Management The Product Development and Portfolio Management Knowledge Base covers the execution processes of new product development projects and programs, including phase-gate processes. It also addresses Product Portfolio Management (PPM), including the evaluation processes of new and existing products and product portfolios to provide the most valuable, balanced, and well aligned portfolio of products. Read More

The Core 4: Ways to Cultivate Everyday Career Development


Development drives engagement, which in turn inspires motivation, effort, and smarter thinking—keys to competitive edge and organizational longevity. Yet negative myths about development—it takes too much time, employees are responsible for their own growth—often keep career development from being a first-line priority for managers.

In today’s workplace, if your employees aren’t growing, they’re going. That means finding a new job or, worse, disengaging. How can your organization make sure your employees are continually growing? Learn about four core ways to easily integrate career development into everyday activities.

leadership development theory  Core 4: Ways to Cultivate Everyday Career Development Development drives engagement, which in turn inspires motivation, effort, and smarter thinking—keys to competitive edge and organizational longevity. Yet negative myths about development—it takes too much time, employees are responsible for their own growth—often keep career development from being a first-line priority for managers. In today’s workplace, if your employees aren’t growing, they’re going. That means finding a new job or, Read More

How to Succeed with Outsourced Product Development


The process of outsourcing software development offshore has come a long way since the mid-to-late 1990s, the heyday of Y2K remediation. Offshore vendors who cut their teeth on Y2K and legacy applications developed best-in-class quality processes and evolved to look more like the large US-based systems integrators. At the same time, thousands of new services firms entered the market to serve the needs of specific industries, address particular business processes, or offer specialized technical skills.

leadership development theory  to Succeed with Outsourced Product Development The process of outsourcing software development offshore has come a long way since the mid-to-late 1990s, the heyday of Y2K remediation. Offshore vendors who cut their teeth on Y2K and legacy applications developed best-in-class quality processes and evolved to look more like the large US-based systems integrators. At the same time, thousands of new services firms entered the market to serve the needs of specific industries, address particular business Read More