Communication and Stakeholders

“Information does not take sides and inherently should be the “facts” that are considered between all stakeholders.” -- Lenny Holden

 

 

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Today’s Executive management is dogged by many issues but from my experience there is nothing more exasperating then when polled, that your stakeholders, (employees) biggest complaint is “lack for communication.”

Published: November 7, 2012

“Information does not take sides and inherently should be the “facts” that are considered between all stakeholders.” — Lenny Holden

 

 

FANPLM funnels

 

Today’s Executive management is dogged by many issues but from my experience there is nothing more exasperating then when polled, that your stakeholders, (employees) biggest complaint is “lack for communication.”

 

There is nothing more frustrating than being in meetings where everyone has different numbers that they are looking at.

 

Having multiple systems trying to “communicate” is rarely nothing more than a constant nightmare. I have talked to executives who seem baffled about “how different Teams can be on dramatically different page” when it comes to vital and strategically critical initiatives.

 

I am sure that these systemically are related to the Executive Teams communication but there is also often an institutional issue related to the information systems that are predominant within the organization by also become preeminent within certain Teams.

 

Information does not take sides and inherently should be the “facts” that are considered between all stakeholders and that there shared source for all facts.

 

There is no solution to these kinds of issues by having specific systems that are tailored for a specific function within the organization. Proliferating different independent information management has exactly the opposite effect of improving communication.

 

The best option is to tailor one system that will relate and communicate directly through the PLM ( Product Lifecycle Management) system and have portals that are specific to each Team. Information should be able to be managed, manipulated, and analyzed to any Teams ultimate purpose but at the end of the day the source of this information should be one shared resource. Innovation and new product development are essential for most companies to sustain future revenue growth.

 

Customers demand more new products in shorter time intervals, often customized to their own needs. They want more attractive designs, better performance, better quality, lower prices, and instant availability. To meet these needs we have create a PLM Software that can improve performance and offer you the power to control your entire business through the integration of all crucial aspects of your product lifecycle and value chain, regardless of your global location.

 

To know more about how our product can improve performance and offer you the power to control your entire business please visit us at www.fanplm.com.

 

Definition of an PLM system (pulled from the web):

 

“Product lifecycle management or PLM is an all-encompassing approach for innovation, new product development and introduction (NPDI) and product information management from ideation to end of life. PLM is an enabling technology for PLM integrate people, data, processes, and business systems and it provides a product information backbone for companies and their extended enterprise.”

 

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