Lessons Learned “Those who cannot remember the past are condemned to repeat it.” George Santayana Agenda 1. Importance of lessons learned 2. Important lessons I Learned 3. What are your lessons learned? Importance of Lessons Learned • Lessons learned are a way to capture what went well and what should be changed so the past is not forgotten • Organize lessons learned by category (e.g. scope, communication, schedule, etc.) + What went well What would we change and how Important Lessons I Learned (My Story) • Hired by Andersen in Russia to find an accounting system for Western and Russian financial reporting • Had no experience doing this • Went to Chicago to get help, and learned… Important Lessons I Learned • There is more money implementing application software than in reselling the software • It is easier to move to new solutions if you are not selling the software Software 40k to Reseller 60k to Software Mfg Implementation 200k to Implementer Important Lessons I Learned • Products in the Russian marketplace at the time were Scala and Champion • Andersen implemented Champion for Pepsi, Gerald Hines and Freixenet Scala Software Champion Software Sold and implemented by Ernst & Young Sold by Robertson Blums Corporation (RBC) Scala Localization – $2.5 million Andersen training on Champion - $25,000 Three year payback Less than one year payback Important Lessons I Learned • Pepsi and Freixenet outgrew Champion • Convinced RBC to localize and resell SunSystems • Andersen in Russia became one of the largest implementers of SunSystems in the world Year 3 - E&Y Selling and implementing around fifty Scala systems a year ($12 million in annual revenue) Year 3 – Andersen Implementing around fifty SunSystems a year ($10 million in annual revenue) Important Lessons I Learned • Outcome – Andersen passed E&Y as the biggest and most profitable implementer in the market when we began implementing SAP • Outcome - former Andersen staff now run SAP businesses for SAP, E&Y, PwC and others around the world Year 5 - E&Y Selling and implementing around fifty Scala systems a year ($12 million in annual revenue) Year 5 – Andersen Implementing around fifty SunSystems and five SAP systems a year ($20 million in annual revenue) What are your lessons learned? • Break into your teams and start to create your lessons learned (15 - 20 minutes) • Two teams will use the whiteboards for this exercise • In 15 - 20 minutes you will share your lessons learned with the class