Confidence in your risk mitigation and risk management program is something that all business owners agree is critical. However, there are scores of risk related areas that business owners should contemplate each and every day—and which are often neglected. We of course design and implement comprehensive property and casualty risk management plans that are aligned with our clients’ overall business strategy and culture. At manufacturing companies the focus is primarily on workers’ compensation, safety training and OSHA compliance. But it’s important to also consider other areas.
One risk related area which is often overlooked is the purchase and implementation of software solutions. As a major capital investment, organizations take a long and hard look at marginalizing exposure on the risks associated with these types of projects. There have been unfortunately, a myriad of failed implementations that have paralyzed deploying companies including some of the largest project disasters like Hershey Foods, Nike, and Waste Management, to name a few. However, in these three cases, the company’s financial resiliency allowed them to transcend these circumstances. Unfortunately, with smaller businesses, a misstep on a software acquisition and the subsequent deployment can put a company under.
Hence, risk mitigation strategies need to be contemplated at the outset of any major software project. The Copley Consulting Group is a business partner to all their clients and believes that paying attention to all risks is important to their clients’ well-being. It’s critical to work with a partner like Copley who understands the challenges and risks associated with the implementation of an ERP solution.
Risk management includes a wide array of areas, and at Provider Group we encourage our clients to have a plan for all areas of risk management—including often neglected software deployments.
About The Copley Consulting Group
For over 25 years The Copley Consulting Group has delivered Infor SyteLine implementation success to more than 400 enterprises. Copley has provided education, training and technical services melded with a focus on Best Practices. As one of Infor’s premier Gold Level Channel Partners, Copley has assembled a team of dedicated professionals committed to increasing the productivity and profitability to their customers.
About Provider Group
Provider Group is a boutique insurance brokerage and employee benefits firm offering risk management solutions for businesses and individuals. Specialized client service teams gain an understanding of client’s operations and personal situations, and provide industry specific expertise in the areas of Property & Casualty Insurance, Employee Benefits, and Private Client Services.