The ERP road is littered with many failed projects and burned out careers. Yet an ERP strategy should be a core component of any organization's strategic technology roadmap given the significant opportunities these systems can create. Such strategies require a long-term time horizon and commitment to the platform and its vendor. ROI will be measured in years and decades not months and realizing the ROI's full potential requires a continuous improvement mindset and a focus on leveraging the ERP to create incremental innovation opportunities.

In today's episode we discuss enterprise resource planning software or what is more commonly referred to as ERP systems. We will touch on how competing companies within the same industry can leverage the same ERP platforms and still generate market differentiation. Second we will discuss why ERP systems should be a core component of any organization's strategic technology roadmap. Third we will close the show with a bit of advice.

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