Friday 30 September 2011

It's a Secret

Written in an article for the IT Faculty of the ICAEW:

Let’s experiment by combining two IT topics:
  1. One of the top priorities for an accounting system – management information
  2. The use of social media in a B2B (business-to-business) context
[... read more ...]

Wednesday 21 September 2011

Why Move From Cloud to On-Premise?

Written in an article for the IT Faculty of the ICAEW:

It’s usual these days for people to be talking about moving systems into the cloud. But let’s look at it the other way around. If you are already using a cloud system, be it for accounting, CRM, document management or whatever, when should you be thinking about moving the systems on-premise? There’s a variety of potential reasons.

[... read more ...]

Friday 16 September 2011

Yet More Mobile

Written in an article for the IT Faculty of the ICAEW:

On Tuesday, Microsoft demonstrated Windows 8 publicly for the first time, at the BUILD developer conference. Whilst there will be masses of coverage to come in the media, one thing to note is that Microsoft is attempting a user interface suitable for both touchscreens on mobile devices and traditional PCs.

Whilst I’m sceptical, this could move us one step closer to having a single pocket-portable device that could slot into docking stations for screens and keyboards as we move from one location to another. Whether this is superceded by cloud services is another matter. Either way, lugging laptops around may become a thing of the past.

[...read more...]

Friday 9 September 2011

What Gets Measured Gets Done

Written in an article for the IT Faculty of the ICAEW:

As more and more applications appear on the web and on smartphones, it’s obvious that there should be a web-based KPI dashboard.

Ideally this should be accessible from any device, be it a PC, a Mac, an iPad or another smartphone or tablet. [...read more...]

Wednesday 24 August 2011

Competitive advantage. Once in a blue moon.

Written in an article for the IT Faculty of the ICAEW:

Once in a blue moon a new technology appears that is so simple in concept, so easy to use, and potentially so powerful.  QR codes are such a technology. [...read more...}

Monday 20 June 2011

News Update - Monday 20/6/11

Here's the pick of the last week's news stories that are likely to impact your business:

Data security: Top 10 ways to lose your data

OnLine Traders: A crackdown by HMRC on undeclared profits continues as it turns attention onto online traders

Mobile internet: Unlimited data plans may not be lasting much longer

Near Field Communication (NFC): Mobile wallets and other uses

Monday 13 June 2011

News Update - Monday 13/6/11

Here's the pick of the last week's news stories that are likely to impact your business:

Office Devices: Is it a tablet, a PC or a phone?


Facial Recognition: A novel use for venues


Using Social Media: Innovation through collective intelligence

iPad2: Using  the cover for training notes

Friday 27 May 2011

Cloud Computing Flexibility

Written in an article for the IT Faculty of the ICAEW:

Cloud computing has been around for 10 years or more, under one name or another. As internet access speeds have improved, and an increasing range of cloud systems have become available, the practicality of using cloud systems has increased.  Businesses, government and other organizations are increasingly looking at cloud as an option. [...read more...]

Monday 16 May 2011

News Update - Monday 16/5/11

Here's the pick of the last week's news stories that are likely to impact your business:

Office Software: Alternatives

Facebook: Official Marketing Guidance – general principles plus Facebook-specific tips

Skype: Acquired by Microsoft (subject to regulatory approval) - what are consequences?

iPad: Presentation tools

Thursday 12 May 2011

Taming the Power of Social Media

Social media is a powerful way to spread a message and build relationships. But I was reminded by an article on “stupid tweet insurance” for businesses, that whether it is Twitter, Facebook, YouTube or any other social tool, these tools can do more harm than good.

In this article for the ICAEW, how can the tools be tamed?

Monday 9 May 2011

News Update - Monday 9/5/11

Here's the pick of the last week's news stories that are likely to impact your business:

Web pages : Here’s a useful way of annotating and saving webpages

HTML5: A step closer to letting apps work on all devices and all operating systems

Facebook: If you are advertising, look at Sponsored Story ads

GoogleDocs: Now app for Android smartphones

Monday 2 May 2011

News Update - Monday 2/5/11

Here's the pick of the last week's news stories that are likely to impact your business:

Internet security: Personal and corporate impact of a security breach

American-hosted systems: Risk of loss due to Digital Millennium Copyright Act

iPad  and iPhone apps: Self-creation

Business cards: Replacement?

Monday 25 April 2011

News Update - Monday 25/4/11

Here's the pick of the last week's news stories that are likely to impact your business:

Facebook: Optimising your business page for search engines

Cloud security: How secure are encrypted files on American cloud servers?

Monday 18 April 2011

News Update - Monday 18/4/11

Here's the pick of the last week's news stories that are likely to impact your business:

Cloud computing: Mistakes to avoid

Personal devices linked to corporate network
- Protecting company data
- Legal Issues

Mass customization: For product businesses

Monday 11 April 2011

News Update - Monday 11/4/11

Here's the pick of the last week's news stories that are likely to impact your business:

Employee productivity: Balancing internet distractions

RFID and “Internet of Things: With 2.8 billion RFID (Radio Frequency ID) tags expected to be sold this year, privacy is an important issue before applications are deployed

Sharepoint for iPad: 5 ways to keep connected

Twitter: Advanced Search launched to make it easier to search (must be logged into New Twitter)

Monday 4 April 2011

News Update - Monday 4/4/11

Here's the pick of the last week's news stories that are likely to impact your business:

Ideas Management: Harnessing ideas from customers and employees

Social Media: Following sets of people - your customers, your competitors, or whoever else is of interest (such as music)

Internet of Things: Connecting objects to the internet to improve effectiveness and efficiency

Using mobile apps for your marketing and sales:

Push Notifications: Best practices in mobile apps

In-app billing: For Android apps

Thursday 31 March 2011

Improving Business Continuity

Cloud systems are often able to provide better disaster recovery than you can arrange in-house. But this needs assessment. The cloud also produces new continuity issues to consider and address.

For those cloud services that are business-critical, what should you be doing to ensure business continuity?

This article written for the IT Faculty of the ICAEW looks at the issues and makes some suggestions to minimise risks.

Monday 28 March 2011

News Update - Monday 28/3/11

Here's the pick of the last week's news stories that are likely to impact your business:

Apple iPad2: Now available in UK, models £20-£40 cheaper than original iPad last year

Tablet size matters?:

Pen-based computing: A step forward or a step back?

Internet of Things: Brands communicating with customers

Thursday 24 March 2011

Management Reporting - Improving Analysis

Garbage in, garbage out. Management reports are only as good as the quality of the underlying data, especially in terms of any analysis.

In this article I've written for the ICAEW IT Faculty, here are some tips to improve the quality of information entered.

Monday 21 March 2011

News Update - Monday 21/3/11

Here's the pick of the last week's news stories that are likely to impact your business:

SaaS Upgrades: The way Google apps upgrades take place is changing to give users more control. How will other SaaS providers respond?

iPad2 for Business: The embedded cameras open up new business possibilities. Available Friday 25 March in the UK.

Facebook: Estimates are that it accounts for 12% of all internet traffic

Social Media Activity at Work: Should organizations contractually limit social media activity of employees?

Thursday 17 March 2011

All Change in Social Media

Changes to the social media options available and changes to individual services are only to be expected.

In this article I've written for the ICAEW IT Faculty, here are two very recent examples highlighting changes to the way these services should be used.

Monday 14 March 2011

News Update - Monday 14/3/11

Here's the pick of the last week's news stories that are likely to impact your business:

Windows from an iPad: Tablets like the iPad are great, but they don’t let you run Windows software. Here’s a step in that direction

Your business on Facebook: Should you expect to be “liked”?

Flash to HTML5: With Flash unsupported on iPads/iPhones, conversion of some Flash is now possible with Wallaby

Buyer-initiated transactions: Here’s a new service to watch for if you can sell in local situations

Thursday 10 March 2011

Mobile Apps for Profit - To Improve Business Processes

The new smartphones, iPad2 and other tablets provide portability to open up new opportunities for sales and business efficiency.

Whether it’s management information or apps for mobile workers, business processes can be done better, faster, cheaper.

This article I’ve written for the ICAEW provides some examples. What are the possibilities in your business?

Monday 7 March 2011

News Update - Monday 7/3/11

Here's the pick of the last week's news stories that are likely to impact your business:

Tablets: Launch of the iPad2 and competitors puts tablets firmly on the map as business tools

Remote access to your PC: GoToMyPC for iPad lets you use your PC from an iPad

Mobile apps: Tools are becoming available to create DiY apps for smartphones and tablets

Cloud continuity: Problems with Google’s Gmail service shows how important it is to check your cloud providers’ backup, recovery and continuity arrangements

Thursday 3 March 2011

Cloud Apps – Handling Upgrades

The way cloud apps are upgraded is very different from the equivalent on-premise packages. How upgrades are handled can be a key factor in selecting a cloud solution, and making the most of an existing one.

What are the advantages of cloud app upgrades? Are there any issues? What questions are worth asking suppliers?

This article written for the IT Faculty of the ICAEW explores these questions. How will the answers affect the way you use the cloud, now or later?

Monday 28 February 2011

News Update - Monday 28/2/11

Here's the pick of the last week's news stories that are likely to impact your business:

NFC on Mobile Phones: How “Near Field Communication” can change the way business activities take place

Collaboration on Office documents: Google Cloud Connect add-in for MS Office allows new web-based collaboration for Word, Excel and Powerpoint

Group Messaging: A different approach using Beluga

Secure Messaging: A new approach using Lockify

Wednesday 23 February 2011

Business Performance Management - Taking your Tablet for Dashboards

Dashboards have become an important way of providing information to senior and junior management. Properly constructed they can focus on what is key to each person to support timely decision-making, by including both results and drivers.

This article written for the IT Faculty of the ICAEW looks at the opportunities to provide dashboards on tablets such as the iPad. Would such an approach better serve your colleagues?

Monday 21 February 2011

News Update - Monday 21/2/11

Here's the pick of the last week's news stories that are likely to impact your business:

Libyan .ly Links (such as bit.ly): With the Libyan internet down, how long will your .ly links work?

Facebook Marketing: What does and doesn’t work?

Tablet Computers: Anticipated growth could mean faster adoption in business than any type of device before

Thursday 17 February 2011

An Inside Job – Using Social Tools within Business

Social media tools are being used by businesses to communicate publicly with customers. Increasingly these tools and similar internet-based software are being used privately within a business or with trusted partners for business benefit.

This article written for the IT Faculty of the ICAEW looks at the new opportunities and how to handle the new risks. Are you ready?

Monday 14 February 2011

News Update - Monday 14/2/11

Here's the pick of the last week's news stories that are likely to impact your business:

BI on iPad: As tablets such as the iPad become more widely used, here are some ideas to use business intelligence on the move

Cloud security: Another cloud service adds optional encryption

Twitter usage: A cautionary tale and reminder that tweets are not just viewable by followers. Do your colleagues know?

Micropayments: Paypal is launching a new service for the sale of digital products

Thursday 10 February 2011

Cloud Computing – Inevitable?

This week someone asked me “Is cloud computing inevitable?” Will we only be using cloud systems in business and other organisations by say 2015?

This article written for the IT Faculty of the ICAEW provides a summary for management of the types and uses of cloud computing, together with the pros and cons.

Monday 7 February 2011

News Update - Monday 7/2/11

Here's the pick of the last week's news stories that are likely to impact your business:

Payments using mobile phones: O2 announces plans to use Near Field Communication (NFC) technology on the latest mobiles

Microblogging within businesses: New services appearing to let personnel communicate through microblogging

Social productivity: Now Salesforce.com has bought Manymoon, here’s another way for personnel to communicate to share, track and complete work items

Web sites for tablets: Here are some design tips to let your website appear well on a tablet computer

Wednesday 2 February 2011

Using Two-Dimensional Barcodes

We’re all familiar with the barcodes on items we buy from the supermarket. But they can only hold short codes. Two-dimensional barcodes can hold 1500 or more characters of information. How can they be used profitably?

Here is an article written for the IT Faculty of the ICAEW

Tuesday 1 February 2011

Cloud Computing – How about Private Cloud?

Putting software applications “into the cloud” can mean different things. Often it means using software hosted by a third party on a shared, “public” basis, accessible via the internet, and paid for by some form of subscription.

But what if that isn’t practical for some technical or commercial reason?

On-premise software is increasingly being made available so it can be accessed via a web browser and/or a smartphone app. The software may or may not be available on a hosted basis. The functionality may be as good as, or perhaps better than, options available as public cloud. So such systems can still be a valid business solution implemented in-house.

Running such software in-house is often referred to as “private cloud” - though some people would prefer this term to only apply to specific technical set-ups more commonly used in public cloud installations.

Private cloud systems share some of the benefits of public cloud computing, notably a familiar browser-based look and feel that can be accessed from anywhere where there is an internet connection. But you would still have to buy the hardware and software, and it doesn’t provide other benefits of public cloud, such as delegating administration of the system to a professional partner (unless your business is big enough to use traditional outsourcing). 

Sometimes urgency means a public cloud system needs to be chosen, as this will be quicker to get the implementation started. But where possible, it’s worth comparing the functionality of on-premise and cloud applications, (together with the other pros and cons) to ensure the solution chosen is most appropriate to the needs and aspirations of the business.

Monday 31 January 2011

News Update - Monday 31/1/11

Here's the pick of the last week's news stories that are likely to impact your business:

Private Social Networks: If you’d like to collaborate with colleagues in a similar way to Facebook or Twitter, there are various tools to set up a private social network. SalesForce are extending the availability of their Chatter service

Internet Security: Now the Facebook boss’s account has been hacked, let’s hope the security of Facebook and other cloud services will continue to be a priority

Privacy Expectations: Business is about trust. Any interactions with customers should use their data within their expectations, or risk losing their trust and their business.

LibreOffice: With OpenOffice now subsumed into Oracle, the open-source office suite reappears in a new guise as LibreOffice 3

Friday 28 January 2011

Social Media – Why Use It For Your Business?


If you are already using social media for your business, the answer to “Why use it?” may be obvious. But if are still unclear of its merits, or you aren’t using social media yet, then this brief introduction will be useful.

“Social media” is a collection of services including social networking services such as Facebook and Twitter. Each service is best suited to specific situations.

As a business, you can set up an account with any of these services that are relevant. This can be for your company, a specific brand, or yourself as an individual. People can then link to the account from their own account, such as by clicking a “Follow” or “Like” button.  You can then:
  1. Broadcast to these people, including text, photos, videos and links to blogs or web sites
  2. Get feedback and questions from these people, and enter into conversations
  3. In some cases allow discussions between these people. This can be positive or negative, so the latter needs to be handled carefully
The main uses are therefore for:
  1. Marketing, such as news announcements and special offers
  2. Interacting with influencers and other people who you can help or can help you
  3. Customer service, including answering questions
  4. Technical support, such as for software
  5. Public service announcements
This can be for Business to Consumer (B2C) or Business to Consumer (B2B), depending on the service used

There are also services for specific purposes, such as to issue electronic discount coupons and based around location, which are becoming increasingly popular.

As with many things, a key reason to use social media is to get ahead of your competitors, or not to be left behind. However using it poorly can be detrimental to your business, and it's worth having clear objectives of what you are trying to achieve. There’s a number of practical do’s and don’ts.

Bear in mind that these services are public. They don’t replace the need for private communication mechanisms through your website, such as for complaints.

Taking a look at the main services:

Facebook

You set up an account using “Pages”, which people can “Like”. For them your site becomes similar to one of their friends.

You can set whether you will allow people to add comments, photos, videos and/or links on your “wall”. If you do , then you can hold a conversation just with that person, or a discussion involving potentially many people.

As Facebook tends to be used in a personal capacity, this service is best for B2C and of limited use for B2B.

Twitter

By setting up an account people can “follow” the tweets that you send. They can also send you tweets, which you can choose to reply to or not.

Tweets are only 140 characters. But they can contain links to web sites, which is also the basis for communicating photos, videos and longer pieces of text.

Twitter can be used for both B2C and B2B.

MySpace

In 2006 this was the leading social networking service worldwide, but has since been eclipsed by Facebook. MySpace has recently announced that they will become a media hub for music, TV and video. They now link to Facebook for social networking.

MySpace is therefore of limited business interest. However for businesses in entertainment, especially musical acts, it is still a useful place to have an account.

YouTube

By posting a video onto YouTube:
•    People can comment on the video
•    You can link to the video from your web site, tweets, etc
•    You can embed the video into a web page on your main site


There are many other systems, so this article has only been a quick introduction to the uses of social media. If you would like to discuss further, do contact me.

Thursday 27 January 2011

Forecasting and Performance Analysis - Alternative Systems

Forward planning and performance monitoring are both important management functions for any business or organisation.  This is true at any time, but especially when finance is being raised or banking facilities need to be monitored.

Budgeting and forecasting is a regular activity for most organisations, together with variance analysis against actuals.

But all too often these processes are using systems which are difficult to use and maintain. In many organisations they are the most ineffective practices in management. They take everyone too much time.

In this article I've written for the IT Faculty of the ICAEW, here are some tips for how alternative systems can help, and what to look out for.

Tuesday 25 January 2011

Cloud Computing – Which Type? Does it Matter?

When putting your business applications such as accounting and CRM “into the cloud”, there are various ways this can be achieved.

In each case the server that stores your data and runs the centralised software is hosted by a third party, and you typically pay a form of subscription. This is therefore called “Software as a Service” (SaaS). The main methods are:
  • “Pure SaaS”: Systems written specifically for the internet, accessible using a web browser. Usually adopt a multi-tenancy database whereby the various users share the server and software.
  • Hosted traditional software: If a system can be run on-premise and accessed remotely through a comms link, it has the potential to be hosted in the cloud.
  • Hosted systems that you access using software other than a web-browser. This allows the whole screen to be optimised for the application.
  • Smartphone/tablet apps: Again you can access the hosted system using an app downloaded to the device
These methods are termed “public cloud”. There is also the concept of “private cloud”, whereby systems written for the internet are run on-premise (or hosted by your regular outsourcer).

Whilst some people would disagree whether all these methods qualify as “cloud”, they nonetheless share many of the benefits and risks. Each method then has its own pros and cons. For example “pure SaaS” is usually only suitable if you can work with the standard functionality that everyone is sharing. If you need any custom functionality, you’ll usually need to take a different approach.

When looking at a particular offering that is being called “cloud”, it is worth understanding exactly how it will work and the practical pros and cons. This can have a significant effect on which service you decide to use.

If you would like help in this assessment, do give me a call on 01628 632914 or send me an email.

Monday 24 January 2011

News Update - Monday 24/1/11

Here's the pick of the last week's news stories that are likely to impact your business:

Use of Quick Response (QR) codes. Initially for tracking parts in vehicle manufacture, there are other uses in general business now smartphones with QR readers are becoming widely available

Barcode display. Conversely getting a smartphone to display a barcode can unlock activities such as payments from a pre-paid account.

Tablet computers such as the iPad.  Why use them in your business?

Passphrase rather than password. A more powerful security technique we’re likely to see more frequently

Friday 21 January 2011

Social Media – Business Impact

In the last few days MySpace has announced that nearly half its workforce will be made redundant, and that the business will be sold or spun off.

So what?

The story has several practical implications for using social networking profitably, by businesses large and small. These include pitfalls to avoid, and opportunities to leverage.

In this article I've written for the IT Faculty of the ICAEW, here are some tips for using social media profitably.

Thursday 20 January 2011

Escaping Excel Hell – Cutting Reporting Time

Excel is an excellent presentation tool for reporting. But a key problem is that business analysts spend too much manipulating data, and not enough time analysing. Another issue is the struggle to have a report available by its deadline.

One aspect of this is the time needed to get data accurately from a source system into Excel, which might currently involve re-keying.

There are several solutions to this, depending on the nature of the source system, the data volumes, and the nature of the report. These include:
  1. Export data from the source system, and import it, by one of several techniques. This is especially useful if you have a template to automatically populate, such as a regular monthly or weekly report.
  2. Extract data directly into Excel from the source database. Depending on version, Excel has standard data links, including links into pivot tables. Add-ins are also available to make the process as easy as possible.
  3. Extract data into a database such as Access, where it can be checked and managed, for example to check and repair analysis fields. That database can then be the source into Excel.
Linking directly into the source system helps to maintain a "single version of the truth", but this isn't always practical. The next best thing is to export into a database (data warehouse), especially if multiple sources are involved. This then provides the single version that members of the organisation can access.

If you’d like further help with improving the efficiency and effectiveness of your reporting, do ring me on 01628 632914, or send me an email.

Wednesday 19 January 2011

Performance Management – Will Your Business Fly?

Business performance management usually refers to managing the performance of an existing business. But the first step with a new business is to assess whether it will fly!

Further down the track, market changes may mean performance has dropped and action needs to be taken. How should it continue? Or there’s the opportunity to start a new business. Again will it fly?

Many new businesses quickly come to grief, or fall well short of expectations. Usually this is because the basics haven’t been covered:
  1. What Demand for the Product or Service? Preferably solving a “headache” that is urgent. Is the need in some way repetitive? Both make selling far cheaper.
  2. Competitive Position? From the customer’s viewpoint, what other options are there to solve the issue? Strengths and weaknesses? Pricing? How marketed and sold? How are they getting on?
  3. Marketing and Sales Approach? How’s this best done? Off the page? Resellers? How much will it cost, including any sales commissions and others’ margin?
  4. Is the Business Model Profitable? What different approaches are there? Putting everything together, would the business provide a good return to an external investor (or indeed yourself)?
Would you buy a house without getting an independent survey?

Likewise would you start (or change) a business without an independent review?

Here’s the Camwells approach, which with its unique traffic light feedback provides you with:
  1. Extra confidence when the business is clearly a good idea
  2. Ideas to improve the proposition, or address weaknesses
  3. Just like a house survey, an opportunity to spot any potential showstoppers which you’ll need to address before your investment in money and time is wasted
Do ring me on 01628 632914 or send an email if you’d like to take advantage of this service. Confidentiality is paramount.

Tuesday 18 January 2011

Cloud Computing - Using Security Questions

Logging into Facebook yesterday I was prompted to provide the answer to one of several “security questions”. These were factual questions including “Where was your mother born” and “Last 5 digits of driver’s licence”.

Choosing one that nobody else could easily guess, I wondered what it could be used for. It turns out there is only one usage, to unlock an account if you cannot otherwise use the original email address and password. To avoid someone changing the security answer if they managed to hack the account, the answer cannot be changed.

I had hoped the security question would be asked each time I logged in, even if only as an option I could switch on or off. This would have provided a third level of security, in addition to username and password. As with many cloud systems, the userid for Facebook is an email address which is usually public knowledge. The only barrier then is the password, which can often be easily guessed. Having to answer an additional security question would make the account much more difficult to hack.

For many apps, it’s important to avoid an account being hacked. For accounting, a hacker could post an invoice for payment, or could glean private information. For CRM, customer contact information could be stolen. 

Almost every banking system has at least three levels of security, such as a PIN, a second password, or the use of some physical device. They also tend to ask for random letters from the PIN or password, so the whole password can't be intercepted.

When you assessing whether to use a specific cloud-based system, what access security is provided? If just a userid and password, then is that sufficient for that system and your data?

Monday 17 January 2011

News Update - Monday 17/1/11

Here's the pick of the last fortnight's news stories that are likely to impact your business:

Tablets and Smartphones: The recent Consumer Electronics Show had a raft of new products, based mainly on Android. Here are some of the best. For business, there are opportunities to sell/provide apps to end-users, or provide a means to take advantage of the growing library of downloadable apps.

SaaS adoption: Forester expects some 25% of 123 types of software products run on-premise will be disrupted by Software as a Service cloud offerings

New web-based services: On the back of SaaS are services that use hosted apps, in this example to improve contract renewal rates

Mobile payments: Whilst you can use a mobile to make lo-value purchases such as car parking, ways for salespeople to use their mobile phone to swipe credit cards for higher valued transactions are on their way here.

Friday 14 January 2011

Social Media – How (Not) To Handle Complaints

For a business, a customer is much more likely to spread news of a bad experience than they will a good one.

Social media provides the opportunity to spread bad news far further and faster.

This can be, for example:

  • On their own Facebook wall for their friends to see
  • By sending out tweets for their followers to see
  • By putting a comment on a location-based service such as Foursquare, for anyone else visiting that establishment
  • By putting a comment on your business’s Facebook wall (if you have one and you allow comments), for other customers to see
What should you do?

The first challenge is to identify when your business is being maligned. Comments on your own wall should be obvious, and there are various tools available to search the other social media tools.

If the complaint appears to be true, then you can respond to it in accordance with your usual customer service principles. Whether you then publicise your response, such as by a reply to the posting, is up to you. If the complaint is snowballing by involving other people, your response needs special care.

If the customer looks like they are trying it on, then your response would vary accordingly.

But what if the complaint appears to be untrue? Has it been posted by a competitor or a genuine customer?

What about the Law?

The laws of libel and slander apply equally to social media as to any other form of communication. Should you go to law?

That is a tricky question. They say “any publicity is good publicity”. Suing a competitor is likely to provide both you and them with publicity. But what if it is a customer?

The recent case of System Graph suing a customer for EUR200k in Greece highlights the dilemma. Apparently the customer had a legitimate complaint, and after the initial experience couldn’t trust System Graph to put it right, which they had offered to do. He made a posting on Twitter about the company, which the company considers defamatory.

The PR professionals appear to be in agreement that legal action is not advisable. Would you want your company’s reputation to be one of suing customers, whether the action proves successful or not?

Thursday 13 January 2011

Excel Add-ins for Management Reporting

Just a reminder that if you want to use Excel for dashboards or management reporting, there are three useful sets of add-ins:
  1. Gauges
  2. Sparklines (mini graphs)
  3. Traffic Light Charts
Click each link for further details.

Wednesday 12 January 2011

What's Driving Revenue, Costs and Cash Flow?

At the end of each period, you look at your business results and hopefully admire the revenue, the margin and the net profit. You may even look at the balance sheet, especially if your bankers are interested in key ratios.

But maybe there's a problem with a result, and you need to fix it. What’s driving these figures?

If you were running a multi-stage production process, such as a brewery, you’d have a control room that was monitoring each stage of the process. Each key statistic would be represented on a gauge or other form of display.

A business is like a multi-stage process - typically marketing to sales to operations to cash, depending on the business. What are the key statistics that you need to see? How often do you need them?

These statistics are known as Key Performance Indicators (KPIs), or Key Performance Drivers (KPDs) to distinguish them from results such as revenue.

Designing a set of KPDs has to be done very carefully to ensure they drive behaviour which is actually consistent with corporate objectives. It is easy to implement KPDs which actually promote the wrong behaviour.

KPDs provide early warning of where business processes are off-track, and the insight to tackle any shortfall in results.

If you'd like to take advantage of KPDs, do contact me by email or by phone on 01628 632914.

Tuesday 11 January 2011

Cloud Computing – Reducing Costs using VideoConferencing

The improvements in the internet are opening up a whole new set of applications that are remotely hosted within the cloud. In each case all you need to use them is a PC (or other suitable device), a reasonable internet connection, and typically a web browser.

Videoconferencing has proved increasingly popular for multi-site organisations, to reduce the need to travel and thereby cut costs, time and hassle. But videoconferencing has typically required use of a meeting room and an expensive teleconferencing system.

You are probably familiar with Skype as an internet-based system that allows simple videoconferencing from your PC desktop to one other person, announced to be extended to 5 or so. However video quality can be poor and unreliable.

There are now other offerings that offer business-class video meetings to the desktop, for a modest monthly fee. One system better optimised for the internet, delivers on a reliable basis up to HD quality. It is possible to have up to 100 participants at individual PCs, or in combination with a room system. Whoever is speaking takes centre stage on the screen. It is also possible for any speaker to display a presentation, document or other window from their desktop. Two screens allows the presentation on one screen, and the video links on the other.

This opens up a wide variety of possibilities, where holding a virtual meeting is far cheaper and easier than traveling. Video meetings can also significantly improve a meeting's effectiveness. For example:

Sales Teams
The sales director can now hold face-to-face meetings with some or all of their team, wherever they are located. This allows such meetings to be held more regularly than  would otherwise be possible.

Development Teams
Multiple members of the team can join a video call, even if working in remote locations, and can show prototypes or their other work to each other.

Group Board meetings
Directors can join in video Board meetings from their desk or home, almost wherever they are. If some of the members are able to meet physically in a videoconferencing room, then those that can’t can join in.

Recruitment
Initial interviews can take place with candidates by inviting them as a guest.

Telemedicine
Other 1to1 calls can still take place at high quality, such as doctors' discussions with patients, or any other professional with their clients.

Remote Training
One trainer can relate to up to 100 delegates at individual locations, where the person asking a question is clearly displayed. Alternatively, the course can be presented on a large screen in HD quality to a room.


If you’d like further details of these options, do contact me by email or ring me on +44(0)1628 632914.

Friday 7 January 2011

System Consequences of the VAT Rate Change

Now the standard VAT rate in  the UK has increased, here are some tips on dealing with it with your systems over the transition period.

This is the latest in a series of articles I've written for the IT Faculty of the ICAEW. These cover how to benefit from management reporting, KPIs, cloud computing and other topics to profit from technology.