Lesson notes, exercises, downloads, and recommended reading are below the video. On mobile, the video will rescale when you play it.



ERP 101: What is Enterprise Resource Planning?



In this video, I want to answer the question, what is ERP: Enterprise Resource Planning? Watching this video is worth 4 Management Courses CPD Points. This video is part of course module number 6.7 Program 6: Managing within an Organization Course 7: Financial Management LESSON NOTES ============ ERP systems represent huge investments for the organizations that install them. So, there must be a compelling business case driving their adoption. Here are some of the claimed benefits. • Reduced Costs • Increased Productivity • Inventory Control • Happier Customers • Regulatory Compliance • Data Analysis • Greater Collaboration Definition of ERP There is no fixed definition of ERP. Each vendor defines it in terms of the capabilities their product excels at. The other challenge is that most definitions are jargon-ridden: Enterprise resource planning (ERP) is the integrated management of core business processes, often in real-time and mediated by software and technology. or Enterprise resource planning (ERP) is a process by which a company manages and integrates the important parts of its business. An ERP management information system integrates areas such as planning, purchasing, inventory, sales, marketing, finance and human resources. My favorite has less jargon: ERP is an IT system that helps businesses run important processes, such as financials, materials planning, and HR. ERP Implementation Steps 1. Figure out what you want to achieve and why 2. Project Definition 3. Evaluate your Options 4. Implementation 5. Change Management 6. Training 7. Go Live 8. Ongoing Support Suppliers The biggest are SAP and Oracle with a third of the market between them. Unsurprisingly, Microsoft is working hard to win bigger accounts for its ERP services. Other names to know include Sage, Infor, Epicor, and Workday. DOWNLOADS =========== Free Resources - CPD Tools - https://gum.co/MC-CPD Paid resources - Management Courses Onboarding Kit - https://gum.co/MC-ObK ($3) Management Courses Continuing Professional Development (CPD) Points =========================================================== You can record your Management Courses CPD points on our free, downloadable CPD record log. Download it here: https://gum.co/MC-CPD ___ Note: Links to our book recommendations are affiliated through Amazon CHAPTER MARKERS 00:00 - What is ERP, Enterprise Resource Planning? 00:15 - ERP in a nutshell 00:57 - Why do we need ERP systems? 03:26 - What ERP is 04:19 - The definition of ERP 05:35 - Big ERP and Small ERP 06:31 - How to implement ERP 07:06 - How to implement ERP… Take 2 12:36 - Who are the players in the ERP world? 13:37 - Summing up #ManagementCourses #ERP #EnterpriseResourcePlanning
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What is Leadership? and Why do We Need Leaders?

What is Leadership? and Why do We Need Leaders? In this video, I answer two questions, to kick off our series on Leadership: what is leadership, and why do we need it? Watching this video is worth 2 Management Courses CPD Points*. 🔎 See below for details Introduction to Leadership Program 3: Managing and Leading

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What are Lean and Lean Thinking?

What are Lean and Lean Thinking? In this video, I want to answer the questions, what is Lean, and what is Lean Thinking? Watching this video is worth 2 Management Courses CPD Points. This video is part of course module number 6.5.3 – Program 6: Managing within and Organization – Course 5: Operational Management –

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What is Globalization?

What is Globalization? In this video, I want to answer the question, what is Globalization? Watching this video is worth 2 Management Courses CPD Points*. (See below for more details) This video is part of course module number 6.1 – The Nature of Organizations. Videos you may also like: 🎬 Introduction to Organizational Culture https://youtu.be/F_jEJBjE_J4

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NLP’s Logical Levels of Change: (aka Neurological Levels)

NLP’s Logical Levels of Change: (aka Neurological Levels) We perceive the world, learn, and change at different levels. Robert Dilts developed a simple model of these levels to help us understand how change happens – and why it sometimes does not. He referred to them as neurological levels – or also as logical levels. Watching

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Introduction to Emotional Intelligence

Introduction to Emotional Intelligence Emotional intelligence or EI is the ability to understand and manage your own emotions, and those of the people around you. Watching this video is worth 2 Management Courses CPD Points*. 🔎 See below for details Overview of Emotional Intelligence This video is part of course module number 1.4.1 Program 1:

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Guy Kawasaki: What is Enchantment?

Guy Kawasaki: What is Enchantment? The idea of enchantment has been part of fairy tales, legends, and myths for thousands of years. So, when Guy Kawasaki applies the word as a metaphor for how to influence customers, is he telling us anything new? Watching this video is worth 2 Management Courses CPD Points*. 🔎 See

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What is Feedback? And Why Does it Matter?

What is Feedback? And Why Does it Matter? It feels like everyone knows how important Feedback is at work. But do we really understand it? In this short video, I’ll kick off our course on feedback by giving a very clear answer to the questions: ‘what is feedback?’ and ‘why does it matter?’ Watching this

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Peter Senge’s Learning Organization

Peter Senge’s Learning Organization Peter Senge wrote best-selling book, ‘The Fifth Discipline: The art and practice of the learning organization‘. This book has been rated by Harvard Business Review as one of the seminal management books. And his big idea was the Learning Organization. The Fifth Discipline: https://geni.us/ZrUvYi Watching this video is worth 2 Management

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Charles Handy’s Federal Organization Model

Charles Handy’s Federal Organization Model Charles Handy’s Federal Organization model is highly centralized – but highly decentralizing. What on Earth can we make of this apparent contradiction? Watching this video is worth 1 Management Courses CPD Point*. (See below for more details) The Nature of Organizations ======================= This video is part of course module number

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Kurt Lewin’s Freeze Phases for Team Development

Kurt Lewin’s Freeze Phases for Team Development Kurt Lewin is one of the giants of 20th Century psychology. And one of his best contributions is Kurt Lewin’s Freeze Phases model of how people go through transitions. Watching this video is worth 1 Management Courses CPD Point*. (See below for more details) This video is part

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How to Use the Kanban Method for Time Management

How to Use the Kanban Method for Time Management Kanban started life as an inventory control system at Toyota in the 1950s. It was part of the Toyota Production System, developed by Taiichi Ohno to support ‘Just in Time’ manufacturing. Now, Kanban is a widely-used approach to plan and track activities. It is a useful

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The Flow State… and How Flow Can Help You Work Effectively

The Flow State… and How Flow Can Help You Work Effectively Have you ever had the experience of being so focused on what you are doing that time just flows past without you even noticing? That is a flow state. The psychologist, Mihaly Csikszentmihalyi, first described flow states, and they are a powerful tool for

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Mike Clayton

About Mike Clayton 

Dr Mike Clayton is a (former) Project Manager and now a management educator. Having trained thousands of people at live workshops, seminars, and conferences, he now delivers training mainly via video. He has 14 books with international publishers and runs two successful YouTube channels. He is also the founder of OnlinePMCourses.com

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