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Episode 19: Why PLM Projects Fail with Eric Smith, VP of Services at Razorleaf
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Episode 19: Why PLM Projects Fail
Join us in this episode of "Stay Sharp with Razorleaf," where our hosts Jen and Jonathan, alongside guest Eric Smith, VP of Services at Razorleaf, explore the complex world of Product Lifecycle Management (PLM) projects. This episode uncovers the reasons behind the success and failure of PLM projects, offering insights from Eric's extensive experience in overseeing numerous PLM implementations.
Key Highlights:
- Background and Introduction:
- Introduction to the topic: Why PLM projects can fail.
- Eric Smith shares his rich experience in PLM projects, setting the stage for a detailed discussion.
- Initial Steps in PLM Projects:
- Importance of aligning initiatives across departments.
- The role of internal agreement and understanding the cost, return, and impact on various departments.
- Common Challenges in PLM Implementation:
- The necessity for broad approval and buy-in across executive groups.
- Addressing the pitfalls of department-focused initiatives and considering global implications.
- Selecting the Right Partners and Technology:
- The critical step of choosing an implementation partner after selecting the software.
- Emphasis on compatibility of vendor's character, vision, and strategy with the company's needs.
- Project Management and Execution:
- Discussion on the significance of project management in PLM implementation.
- Exploring different approaches to project management, like incremental delivery versus monolithic approaches.
- Data Management and Quality:
- Addressing challenges with data migration and legacy systems.
- The importance of having realistic expectations about data quality and incremental progress.
- Navigating Organizational Change and Training:
- The crucial role of effective communication and training for successful adoption.
- Strategies for managing change and aligning project goals with organizational culture.
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