Black Swans, Flooded Basements, and Risk Management

Robert Charette

Last year, I wrote about a fascinating article by the New York Times business writer Joe Nocera.1 In the piece, Nocera interviewed Nassim Nicholas Taleb, distinguished professor of risk engineering at New York University and author of The Black Swan: The Impact of the Highl


Black Swans, Flooded Basements, and Risk Management

Robert Charette

Last year, I wrote about a fascinating article by the New York Times business writer Joe Nocera.1 In the piece, Nocera interviewed Nassim Nicholas Taleb, distinguished professor of risk engineering at New York University and author of The Black Swan: The Impact of the Highl


High-Octane IT: Shades of Formula One, NASCAR

Vince Kellen

Formula One racing, dominated by Mercedes and Ferrari, has had a curious relationship with the consumer market. Technology pioneered in Formula One (F1), such as paddle shifters, finds its way into conventional cars. Some consumer technology innovations find their way into the pro circuits. The two feed off each other.


High-Octane IT: Shades of Formula One, NASCAR

Vince Kellen

Formula One racing, dominated by Mercedes and Ferrari, has had a curious relationship with the consumer market. Technology pioneered in Formula One (F1), such as paddle shifters, finds its way into conventional cars. Some consumer technology innovations find their way into the pro circuits. The two feed off each other.


Autonomy, not Empowerment

Jim Highsmith

I’ve never really liked the word empowerment, it’s just an acronym for delegation. The dictionary defines delegation as—authorizing subordinates to make certain decisions, and  empowerment as—give or delegate power or authority. Many people, myself included, have used the word empowerment to mean something more than delegation, but that extra meaning has been fuzzy. Empowerment has been used in conjunction with self-organizing teams, but often been carried too far, as trying to delegate far more authority to agile teams than was prudent.


What's Not Happening: Staying Afloat Amid Sea Change

Carl Pritchard

Anyone attuned to the current political debates knows that much of the discussion is rooted not in the merits of either sides' positions, but in both sides' contentions that a failure to act will lead to damaging (if not damning) outcomes.


What's Not Happening: Staying Afloat Amid Sea Change

Carl Pritchard

Anyone attuned to the current political debates knows that much of the discussion is rooted not in the merits of either sides' positions, but in both sides' contentions that a failure to act will lead to damaging (if not damning) outcomes.


Book Review: Information Systems Transformation

Mike Rosen

If your enterprise is like most others, you probably have some trusted old systems that have served well but have become problematic for one reason or another. Perhaps the platform is no longer supported, or growth and add-ons have evolved into an expensive and difficult-to-maintain application mess.


Crowdsourcing and Innovation Intermediaries: Part II

Joseph Feller

This is the second Executive Update in a three-part series exploring how organizations can use intermediaries to better engage in a particular (and somewhat peculiar) kind of open innovation -- solving problems by leveraging large, anonymous populations of potential innovators, an approach commonly known as crowdsourcing.


Crowdsourcing and Innovation Intermediaries: Part II

Joseph Feller

This is the second Executive Update in a three-part series exploring how organizations can use intermediaries to better engage in a particular (and somewhat peculiar) kind of open innovation -- solving problems by leveraging large, anonymous populations of potential innovators, an approach commonly known as crowdsourcing.


"Mindful Learning" -- A Critical Attribute of an Agile Project Manager, Part I

J.M. Sampath, Arvind Sampath, Prabhakaran Sampath, J.M. Sampath, Kalpana Sampath

As the level of consciousness enhances, it will no longer be the survival of the fittest, but the survival of the wisest.

-- J.M. Sampath, 2000


Leadership: Part II -- Connecting the Future to the Present

Mark Nyman, Scott Stribrny

Have you suffered personal turmoil in applying conventional project management approaches only to fall short of expectations more often than you would like? Do you suspect that having successful projects under your belt is not quite enough to be a top-performing project manager? What more is required of today's project managers to evolve to the next level in a new decade?


Hard Push on Soft Skills for Global Leaders

Martha Lindeman

For those of us who love and work with technology, it can be very difficult to relate one-to-one beyond the superficials, because doing so makes us emotionally vulnerable. However, that level of authenticity is required if leaders are to influence and persuade others to agree with and implement their ideas and visions for results. This is particularly true when the leader is less knowledgeable than the followers doing the project tasks.


Hard Push on Soft Skills for Global Leaders

Martha Lindeman

For those of us who love and work with technology, it can be very difficult to relate one-to-one beyond the superficials, because doing so makes us emotionally vulnerable. However, that level of authenticity is required if leaders are to influence and persuade others to agree with and implement their ideas and visions for results. This is particularly true when the leader is less knowledgeable than the followers doing the project tasks.


Flow of Corporate Adoption of CEP, Stream-Computing Analytics Still Limited

Curt Hall

Complex event processing (CEP) and stream-computing analytics software designed to analyze high volumes of continuously streaming data -- both structured and unstructured, in real time -- has received a fair amount of attention over the past 12 months or so.


To Reach Closure, Remain Open to Doublethink

Lee Devin

When you make a new thing using a collaborative iteration process, you encounter the question of closure at each iteration. And, of course, you have to decide when you've got what you need or what they want, and make a choice when to quit altogether.


To Reach Closure, Remain Open to Doublethink

Lee Devin

When you make a new thing using a collaborative iteration process, you encounter the question of closure at each iteration. And, of course, you have to decide when you've got what you need or what they want, and make a choice when to quit altogether.


Pitfalls of Agile V: Quality Assurance?

Jens Coldewey

"In agile there is no quality assurance." That is one of the major misconceptions about agile, expressed either with triumph or as an accusation, depending on the speaker's position. It doesn't matter which of these two parties you belong to; both points are wrong. In fact, the agile movement has led to a revival of quality culture in software development.


Riding the Seas: Making the Most of Social Media Technologies

Steve Andriole

Social media represents an incredibly important opportunity to leverage existing technology onto internal and external strategic and operational business objectives of all shapes and sizes. Who, for example, would have suspected that new product lifecycles could be affected by wikis, blogs, file sharing, and opinions?


Riding the Seas: Making the Most of Social Media Technologies

Steve Andriole

Social media represents an incredibly important opportunity to leverage existing technology onto internal and external strategic and operational business objectives of all shapes and sizes. Who, for example, would have suspected that new product lifecycles could be affected by wikis, blogs, file sharing, and opinions?


Data Integration and Master Data Management

Joyce Norris Montanari

As the world of technology continues to change, no software company can rest. To expand their products, firms purchase others. Not only will they expand their product set through such purchases, but they can now cross-sell -- to the customers of both companies. This opens new opportunities for the software vendor. But while it is great for the vendor, it creates new challenges for the customer.


WIP: From Limiting Software Development to Balancing the Project

Masa Maeda

In this Executive Update, I provide some insights toward applying the lean concept of limiting work in progress (WIP) in Kanban to balancing WIP at the product management level.


The New Outsourcing: Part I -- Involuntary

Jim Love, John Berry, Kevin Berry, Craig Berry
TYPICAL OUTSOURCING SAGA

"Nine outsourcing contracts. Do we really have nine outsourcing contracts?" The news came as a shock and a real eye-opener. You could tell.


The New Outsourcing: Part I -- Involuntary

Jim Love, John Berry, Kevin Berry, Craig Berry
TYPICAL OUTSOURCING SAGA

"Nine outsourcing contracts. Do we really have nine outsourcing contracts?" The news came as a shock and a real eye-opener. You could tell.


Stewardship, Not Ownership

Vince Kellen

The seductive beauty of owning your own house is that you can put up a fence, plant your garden, and paint your deck the way you want to, not the way your neighbors want you to, unless you moved into one of those subdivisions that control all of that. Ownership is synonymous with individual control and is instinctually attractive.