tag:blogger.com,1999:blog-6495230762647821938.post5279809330999190018..comments2024-03-11T02:26:37.444-05:00Comments on Treasury Cafe: No Way BackDavid Waltzhttp://www.blogger.com/profile/03415644204743030961noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6495230762647821938.post-67503690556289947932011-12-20T22:16:44.516-06:002011-12-20T22:16:44.516-06:00Samuel,
Great comments and points well taken.
I ...Samuel,<br /><br />Great comments and points well taken.<br /><br />I really like the way you describe that initial transition as "low-hanging fruit"...wish I had thought of that during the writing of this post!<br /><br />I remember seeing a video of Chris Brogan, the web guru, who is plugging Google + these days, in response to the "why G+ when I am on facebook" challenge, talk about the fact that technology changes. Most of us do not hear the ding-"you've got mail" anymore, or connect on geocities, etc.<br /><br />So I think you are correct that there comes a time when risk management issues move to the forefront. Sometimes we move on because we have to.<br /><br />I think the timing of that realization can vary widely amongst organizations.<br /><br />Thanks again for contributing to the conversation!David Waltzhttps://www.blogger.com/profile/03415644204743030961noreply@blogger.comtag:blogger.com,1999:blog-6495230762647821938.post-45577767657050286822011-12-20T18:13:43.087-06:002011-12-20T18:13:43.087-06:00David,
There will always come a time to transitio...David,<br /><br />There will always come a time to transition to a new and improved system. The benefits of transition may not be as visible and quantifiable as the initial system implemented, but as technology changes and best practice processes improve, making the investment to step up to a new system is more about risk management than low-hanging fruit.<br /><br />It applies to all types of systems - operational and financial.<br /><br />The challenge to the treasury department is to make the case as to what the risks are of not changing, and finding other compelling reasons to make such an investment.<br /><br />Samuel Dergel - The CFO Expert<br />Dergel CFO Search & Consulting<br />http://blog.dergelcfo.comAnonymousnoreply@blogger.com