Financial Freedom Podcast with Dr. Christopher H. Loo, MD-PhD

📺 Digital Transformation in ERP with Tory Bjorklund | Fix What Most Companies Get Wrong

Jun 11, 2025

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Digital transformation in ERP is one of the most pressing and misunderstood challenges facing mid-market businesses today. In this episode, we’re joined by veteran consultant Tory Bjorklund, CEO of VictoriaFi, to uncover why ERP projects fail, how to avoid common traps, and what leadership must do differently to succeed.

If you’re a business leader, IT manager, or operations director struggling with ERP implementation, this episode speaks directly to your challenges. Tory draws on 30+ years of experience advising manufacturing and distribution companies to unpack what really drives success in manufacturing digital transformation—and it’s not the software.

You’ll hear how failed projects often stem from poor planning and misplaced ownership, how executive teams can reclaim strategic direction, and why business process improvement must guide every technical decision. Tory also breaks down how MES and WMS systems fit into a broader transformation roadmap, and why IT vs business leadership alignment is mission-critical.

We also dive into the emerging role of AI in digital transformation, especially in diagnosing stalled initiatives, monitoring project burndown, and ensuring your data tells the truth. For anyone navigating enterprise software failure rates, Tory’s real-world insight provides both the diagnosis and the prescription.

Whether you're stuck at 80% completion or planning your first rollout, this episode delivers the clarity, strategy, and leadership wisdom you need to move forward with confidence.

Timestamps:

0:00 – Intro & Tory Bjorklund’s background
1:05 – Who VictoriaFi serves: Mid-size companies in manufacturing & distribution
2:20 – What ERP, MES, and WMS systems actually mean
4:55 – Why so many digital transformation projects fail
6:40 – Symptoms of struggling ERP implementations
8:45 – Knowing when to pivot vs. when to persist
10:10 – How AI tools can identify project failure early
12:30 – Adapting digital strategies for a changing business landscape
14:45 – The critical role of business leadership vs. IT
16:20 – Why software alone is not a strategy
18:10 – Metrics that matter: revenue per FTE and real ROI
20:00 – How to connect with Tory Bjorklund

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