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News Release from: Deloitte & Touche | Subject: How to Create the Buzz
Edited by the Manufacturingtalk Editorial
Team on 11 July 2002
Collaborate to benefit from IT
investment
Confusion and a lack of understanding is preventing many organisations from measuring the return on their IT investment. This book takes a practical look at the 'extended enterprise' idea.
Confusion and a lack of understanding is preventing many organisations from measuring the return on their IT investment To address this, Deloitte Consulting has launched the third book in its Straight Talk series, 'How to Create the Buzz'
This article was originally published on Manufacturingtalk on 19 Apr 2004 at 8.00am (UK)
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The book takes a practical look at what the Extended Enterprise is all about - doing business across an 'ecosystem' that strengthens the health and wealth of every one of its parts.
How to Create the Buzz supports the findings of a recent survey conducted by Deloitte Consulting in Strasbourg at an ERP conference which showed that the majority of respondents (82%) currently do not measure return on investment (ROI) from technology across the enterprise.
86% admitted that IT strategy should be aligned more closely to their company's overall business objectives, but there seems to be a lack of clarity on how to make that happen.
While the majority of respondents agreed that businesses today need to increase focus on the 'Extended Enterprise' rather than just ERP, most (86%) admitted to not really understanding how to reach this next stage.
Commenting on the results of the survey, David Dutt, UK ERP Leader, Deloitte Consulting said: "Organisations are confused by the numerous technology fads and terms currently being bandied about.
Using technology to extend an organisation's reach and capabilities doesn't have to be complicated.
It's simply a matter of effectively linking processes and technologies with those of your suppliers, allies, outsourcers and customers.
Extending your enterprise can cut costs and generate revenue, realising return on investment that may not have been seen before.".
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