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Showing posts from 2020

Five simple steps to start an incremental presence in Romania

I built a simple methodology that I tested for 15 years and proved to be a success. Of course not all business can embrace the same timeline but, strategically speaking, those are the safety steps. The first step is to contact a trusted   local consultant/representative. Second is  Induction.  It takes approximately two weeks in which the goals are for the representative to understand the governance model, learn about products and services, existing customers, policies, and group mechanisms, and assess the team. After induction, a lot of initiatives might appear in the fast  go-to-market solutions  like: Rollout possibilities, Up-sale, Cross-sale.

Tax authorities in Romania are monitoring your nearshoring activities! Transfer Pricing and the Profit of the Upstream Company are in focus

Functionally speaking, opening a  Near-Shoring Centre  is not rocket science. Still, if you do not comply with Romanian and European legal and tax demands, you may end up closed by authorities. Today, I will only focus on the legal and taxes aspect that will insure proper operations in Romania . I see more and more the Insourcing Strategy being embraced. Companies can keep inside, away from any replication risk, the idea, the knowledge, basically their future. They can work around, be agile, produce an MVP and build a roadmap from there. They use volume subcontracting after the launch, after the initiative is public. If you are either Insourcing your R&D or expand your Delivery capabilities in Romania, you need to tackle two problems for the new Company; Transfer Pricing and subsequently the Profit of the Upstream Company. In a further article, I will detail the way of work, with a focus on the processes and MO. I will also build and share a cost structure that you can u...

Engagement, Rainmaking, Enterprise Business Booster, call it what you want…

Big Technology Companies Have a Problem They Prefer Not to See When you are a large technology company, you may have a problem that keeps hiding in plain sight. You have the products. You have the brand. You have the partner network. You have the certifications, the datasheets, the global references, the technical depth, the marketing machine, the regional managers, the account managers, the portals, the events, the “ecosystem.” And yet, in too many enterprise deals, you are still not the origin of the project. You are a supplier waiting to be included. That is a dangerous position. Because the enterprise market has changed. Large IT projects are no longer simple product sales. They are complex, horizontal, political, financial, operational, and often multi-partner constructions. They involve business units, IT departments, finance departments, procurement, legal, external consultants, integrators, auditors, sometimes banks, sometimes public funding, sometimes regulators, sometimes boa...

Despre inovație…

Visăm să schimbam lumea cu sclipirea minții, să facem bani și să câștigăm notorietate. Oricine se visează, se vede sau se vrea un mare inventator într-un moment al vieții.    Calea de la idee la succes este lungă, grea și costisitoare. Drumul de la idee la prototip este scump și de cele mai multe ori, steril; de la prototip la producția de masa poate sa dureze enorm, uneori peste timpul de viată al produsului final. Proiectarea pentru modelul Dacia de peste cinci ani a început deja. Perioada în care cheltuielile încep să se acopere și banii să vină, în sfârșit, este amenințată permanent de  replicatori .  Pare greu, pare  imposibil . Statistic vorbind, aproape că este. Din fericire unii oameni au resurse inepuizabile din singurul combustibil care poate susține acest efort:  pasiunea ,  entuziasmul . Inovație înseamnă înnoire, noutate, schimbare. Inovație nu înseamnă sa deschizi o cafenea pe Decebal. Partea mercantila vine și ea spre sfârșit. La începu...

Few words on innovation...

We dream of changing the world with the sparkle of the mind, making money, and gaining notoriety. Everyone dreams, sees, or wants to be a great inventor at some point in life. The path from idea to success is long, difficult, and expensive. The road from idea to prototype is expensive and often sterile; from prototype to mass production can last enormously, sometimes above the life of the final product. Design for the 2025 Dacia model has already begun. The period when expenses start to be covered and money finally comes is constantly threatened by  replicators. It seems difficult, it seems  impossible.  Statistically speaking, it almost is. Fortunately, some people have inexhaustible resources from the only fuel that can sustain this effort:  passion, and enthusiasm . Innovation means renewal, novelty, and change. Innovation does not mean opening a coffee shop on “Decebal”. The mercantile part will eventually come. In the beginning, it's the  magic  part,...

Is India a choice anymore?

Romania Is Not the Cheapest Destination. That Is Exactly the Point. For more than two decades, Romania’s IT sector has been treated almost like the country’s wonder child. Quietly at first, then visibly, then almost aggressively, it grew into one of the few Romanian industries that could compete internationally without asking for permission, excuses, or protection. The engine was outsourcing. Not glamorous. Not always loved. But effective. Foreign companies came for cost, stayed for compete nce, and slowly discovered that Romania was not just a cheaper place to write code. It was a place where teams could understand complexity, adapt to Western business culture, speak the client’s language, and deliver without needing every sentence translated into process diagrams. That mattered. Romania sits at the eastern border of the European Union, but operationally it is much closer to the West than the map suggests. One hour ahead of Berlin. A short flight from London. Culturally European. Lega...

The safest market is so sad...

ERP Is Not a Software Business. It Is a Control Business. ERP is not glamorous. It is not a blue ocean. It is not the kind of market where people wake up one morning and suddenly decide they need “digital transformation” because a conference speaker said so. ERP is much more basic than that. Whatever happens in the economy, companies still need to control what they do. They need to invoice, report, approve, pay, collect, comply, measure, and explain. They need to know where the money is, where it went, what is blocked, what is late, what is taxable, what is profitable, and what is quietly bleeding cash in the background. That makes ERP a safe industry. Not an easy one. Safe. The mistake is to treat ERP as software. It is not. ERP is infrastructure for business discipline. It is the nervous system of the company. It is where accounting meets operations, where management meets reality, and where the pleasant stories from sales meetings either survive contact with numbers or die. The mark...