PeopleSoft 8.50: See you in September?
Is Oracle planning to release PeopleTools 8.50 in September? The author of the PSST0101 blog has found a significant clue. The PeopleSoft Enterprise PeopleTools Maintenance Schedule for 2009 includes an entry for a PT 8.50.01 Product Patch and the date of that entry is: September 18, 2009.
See you in September!?
I’ll be alone each and every night
While you’re away, don’t forget to write
Bye-bye, so long, farewell
Bye-bye, so long
See you in September
See you when the summer’s through
PeopleSoft Projects 2.0: Done “Lite”
In this thorny economy CIO’s are evidently doing some critical thinking about alternates to big bulky projects: Corporate IT done ‘lite’: open source, Web 2.0 gain appeal as budgets shrink.
CIOs are turning to cheap, lightweight tools to get the job done fast
“What’s in is “IT lite,” which includes Web 2.0 technologies and services that are cheaper and easier to implement, mix and match. It also includes software from no-name, up-and-coming vendors; open-source tools and applications; and an ever-widening variety of tools for mapping, chat and more that are available for free on the Internet.“
In my previous post on PeopleSoft Projects 2.0 my basic message was that structuring your project in an innovative way could be less risky and less costly than the standard alternative of outsourcing everything to a single large vendor. It appears that a number of CIOs are now coming to the same conclusion.
“One of the biggest reasons people are willing to go to small vendors today is, the risk associated with having a project fail is much smaller financially,” explains Barron. “With implementations involving large enterprise software vendors, a lot of times you don’t understand if you failed until you’re a year and a half into the project. Because it has so many intricacies and takes so much collaboration between IT groups, it can take four months to gear up for the project, then seven months to implement, and by then it has taken a lot of money.”
Is your business losing its Know-How?
Know-how is defined as having the knowledge and skill required to do something correctly. All organizations have a base of knowledge and skills upon which their prosperity rests. More know-how, more success. Less know-how, less success. That’s how it usually works.
Is your know-how foundation eroding? If so, how fast? If your organization has not considered these questions your future as a successful entity may well be in jeopardy. BASF, the world’s leading chemical company with about 97,000 employees, is taking proactive steps to retain knowledge and remain a vital and successful business.
“At the moment nearly 22% of our employees are older than 50 years. Within the next 10 years this percentage will increase to 57%. Then we will face a time period in which 1,200 employees will retire from BASF every year. We have to compensate and intercept the resulting losing of knowledge,” says Hans-Carsten Hansen, president of human resources.
According to Fortune magazine BASF is the world’s most admired Chemical company. The July 20th issue contains a piece by Mina Kimes entitled “BASF finds a way to retain older workers”. Are you starting to wonder if the people leaving your organization are taking with them critical pieces of know-how? If so, it may be worth your while check out this article.