enterprise resource planning

ERP for business processes

What is ERP, and Does It Matter for Your Business Today?

Enterprise resource planning or ERP is “the integrated management of main business processes, often in real-time and mediated by software and technology,” according to Wikipedia. An ERP system is an enterprise resource planning system. But, interestingly, Investopedia further qualifies the message “managing and integrating business processes” by adding the words “through a single system.” In […]

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lean optimization

When Should Lean Optimization Be Avoided In Biz Planning?

Most business advice is structured around helping you waste less time and squeeze every bit of efficiency and success out of the measures you undertake. It’s called lean optimization. That’s not a bad intention to have when advising anyone. But the truth is that, like in life, what makes a business work is not necessarily

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