6.2. Major Potential Challenges
The benefits of One.Finance project are very convincing, however the upcoming international rollouts are complex and more challenging. It is very important to understand that the processes of One.Finance (OFI) are not much different from old processes in Germany. Therefore, rollout in Germany was pretty much smoother but for international rollout Deutsche Telekom will face some challenges as given in the following table.
Table 6. 1: Identification of major potential challenges
Sr. No Potential Challenges No. of Respondents Aggregate Responses Strongly Agree Agree Neutral Dis-agree Strongly Disagree Total
1 Local Taxation and Legal Requirements 9 12 3 0 0 24 30
2 Language Barrier and Translation Problem 8 12 3 1 0 24 27 …show more content…
4 Retirement of Old Systems 7 11 5 0 1 24 23
5 Time and Resource Constraints 4 16 1 3 0 24 21
6 Lack of Proper Communication b/w DT and NatCos 4 11 9 0 0 24 19
7 User Resistance 4 12 7 1 0 24 19
8 Development of the Template 3 12 6 3 0 24 15
9 Identification of Right People to Contact 4 11 5 4 0 24 15
10 NatCos with other Line of Business 1 11 8 4 0 24 9
11 Alignment of Business Plans with other BUs 4 5 9 6 0 24 7
12 Lack of Motivation in Local Teams 2 8 8 6 0 24 6
13a Big Bang Migration Approach is better, or 2 10 6 4 2 24 6
13b Step by Step Migration Approach is better 2 6 6 8 2 24 -2
14 Increase in Overheads and Travel Cost (outside the European Region) 2 6 10 4 2 24 2
15 Difference in Time Zone (outside the European Region) 0 5 8 8 3 24 -9
Multiplication factor for aggregate responses: Strongly Agree 2 Agree 1 Neutral (Neither agree nor disagree) 0 Disagree -1 Strongly Disagree -2
6.2.1 Local Taxation and Legal …show more content…
It is challenging to decide the project language especially for project documentation, reporting, training, system testing and the system itself. Whereas, supporting the system in multiple languages is time consuming and costly. Management has to find optimal level for using fewer languages to reduce the project cost and involving more languages to enable end-users for operating the system in their native language.
Although, project language for training, reporting and documentation is English but German people from central team are not native speaker of English language and neither people from other NatCos. Therefore, people sometimes misunderstand and perceive a topic differently, while they think that they have completely understood the topic. It creates confusion, doubts, problems and challenges for project teams on both central and local
The benefits of One.Finance project are very convincing, however the upcoming international rollouts are complex and more challenging. It is very important to understand that the processes of One.Finance (OFI) are not much different from old processes in Germany. Therefore, rollout in Germany was pretty much smoother but for international rollout Deutsche Telekom will face some challenges as given in the following table.
Table 6. 1: Identification of major potential challenges
Sr. No Potential Challenges No. of Respondents Aggregate Responses Strongly Agree Agree Neutral Dis-agree Strongly Disagree Total
1 Local Taxation and Legal Requirements 9 12 3 0 0 24 30
2 Language Barrier and Translation Problem 8 12 3 1 0 24 27 …show more content…
4 Retirement of Old Systems 7 11 5 0 1 24 23
5 Time and Resource Constraints 4 16 1 3 0 24 21
6 Lack of Proper Communication b/w DT and NatCos 4 11 9 0 0 24 19
7 User Resistance 4 12 7 1 0 24 19
8 Development of the Template 3 12 6 3 0 24 15
9 Identification of Right People to Contact 4 11 5 4 0 24 15
10 NatCos with other Line of Business 1 11 8 4 0 24 9
11 Alignment of Business Plans with other BUs 4 5 9 6 0 24 7
12 Lack of Motivation in Local Teams 2 8 8 6 0 24 6
13a Big Bang Migration Approach is better, or 2 10 6 4 2 24 6
13b Step by Step Migration Approach is better 2 6 6 8 2 24 -2
14 Increase in Overheads and Travel Cost (outside the European Region) 2 6 10 4 2 24 2
15 Difference in Time Zone (outside the European Region) 0 5 8 8 3 24 -9
Multiplication factor for aggregate responses: Strongly Agree 2 Agree 1 Neutral (Neither agree nor disagree) 0 Disagree -1 Strongly Disagree -2
6.2.1 Local Taxation and Legal …show more content…
It is challenging to decide the project language especially for project documentation, reporting, training, system testing and the system itself. Whereas, supporting the system in multiple languages is time consuming and costly. Management has to find optimal level for using fewer languages to reduce the project cost and involving more languages to enable end-users for operating the system in their native language.
Although, project language for training, reporting and documentation is English but German people from central team are not native speaker of English language and neither people from other NatCos. Therefore, people sometimes misunderstand and perceive a topic differently, while they think that they have completely understood the topic. It creates confusion, doubts, problems and challenges for project teams on both central and local