These CEOs were surprised that the multi-billion dollar company does not has a system in place and is still using excel spreadsheet.
The CEO himself also realized that every time he needs a report or some figures, the whole entourage of staff under him have to scramble to collate the information for him.
After listening to the feedback of others CEOs, he envisions the day where he just needs to press one button and whatever information and data he wants will be readily available.
Employees could now concentrate on their jobs instead of having to set aside whatever they are doing when the CEO needs something. And in this age where everything happens so fast, having critical information and data to make the right decisions at lightning speed could make or break a company.
So off he sent his staff to find out the types of systems available, what systems the competitors are using, the pros and cons of each system and the ease of integrating and migrating existing technology into the new system.
A decision was made and a vendor was selected.
Staff from various departments are assigned to the project group. They even have newsletter and sharing sessions to update the whole company on the progress of the roll out.
What if the project fails?