Cutter Council Missed Point in 'Cheaper, Better, Faster' Debate
While I am normally not one for tilting at windmills, I do have to take on the October 2008 Cutter Council opinion against the "cheaper, better, faster" (CBF) philosophy. In their 7-0 opinion (see "The Cheaper and Faster Tailspin," Vol. 9, No.
Scaling Agile: Organizational Factors, Management Style
There are four critical areas in managing large projects: people, product, plans, and tools. In a previous Advisor, I discussed the collaboration aspect of people in teams (see "Help Agile Scale by Fine-Tuning Collaboration," 11 December 2008), and in another I covered organization and management style (see "Scaling Agile: People and Organization," 24 December 2008).
Surviving Compliance: What Would Darwin Do?
Headlines in just about every city right now are about economic meltdown. While the economy still deserves top billing, the backstory to those headlines is about IT. The proposed solution to the meltdown is more standardization and regulation, forcing companies, organizations, and government to evolve their IT in a stressful situation. What would Darwin do? How did land-living animals evolve from fish? The transformation required in many companies is no less than the transformation from the fins of fish to the arms and legs of human ancestors.
Surviving Compliance: What Would Darwin Do?
Headlines in just about every city right now are about economic meltdown. While the economy still deserves top billing, the backstory to those headlines is about IT. The proposed solution to the meltdown is more standardization and regulation, forcing companies, organizations, and government to evolve their IT in a stressful situation. What would Darwin do? How did land-living animals evolve from fish? The transformation required in many companies is no less than the transformation from the fins of fish to the arms and legs of human ancestors.
Facing Decimated Ranks? Rightplace Those Who Remain
Adoption of BI and Data Warehousing Appliances Remains Strong
BI and data warehousing appliances -- prepackaged offerings bundling software and hardware designed to support specific data warehousing and BI applications -- continue to garner strong usage. This trend is expected to continue through 2009 as end-user organizations look for ways to cost-effectively advance their data management and analytic needs.
Aligning Architectures for Business, IT Means Facing the Elephants in the Room
Business-IT Alignment (Again)
Business-IT alignment is a broad vision that has been debated endlessly since the 1960s. It embraces a wide range of areas and, although other terminology has been suggested, the debate remains the same. The business environment continues to evolve and, as part of that evolution, the relationship between business and IT processes must also change.
SOA Enables Agile Methods
Agile application development methods have demonstrated improved quality and timeliness of results, but they have not been successful in scaling to large projects. In large projects, the collaboration and agility of small teams are eroded. Because the effort is large, the number of people involved becomes large, and considerable attention must be given to coordination, consensus, and resolution of issues. Changes ripple through the development organization resulting in consequential effects and requiring planning and change control on a broad scale.
Open Source BI and Data Warehousing: Trends and Projections
Open source BI (e.g., query, reporting, OLAP, dashboards) and data warehousing tools (e.g., data integration, data cleansing) have generated considerable industry buzz over the past few years. But the $64 million question remains: to what extent are end-user organizations actually adopting these tools to build and deploy BI and data warehousing applications?
The 31-Square-Foot Architecture
Majoring in Risk Management: Is It Time to Restudy the Subject?
The beginning of 2008 started off with the French bank Société Générale reporting that a low-level employee, Jérôme Kerviel, had executed a series of "elaborate, fictitious transactions" that cost the bank more than €4.9 billion, the largest loss ever recorded in the financial industry by a single trader.
Majoring in Risk Management: Is It Time to Restudy the Subject?
The beginning of 2008 started off with the French bank Société Générale reporting that a low-level employee, Jérôme Kerviel, had executed a series of "elaborate, fictitious transactions" that cost the bank more than €4.9 billion, the largest loss ever recorded in the financial industry by a single trader.
Majoring in Risk Management: Is It Time to Restudy the Subject?
The beginning of 2008 started off with the French bank Société Générale reporting that a low-level employee, Jérôme Kerviel, had executed a series of "elaborate, fictitious transactions" that cost the bank more than €4.9 billion, the largest loss ever recorded in the financial industry by a single trader.
When Math Doesn't Add Up: Discontinuities and the Real World
Among other things, 2008 was the year that models died on Wall Street. After decades, the "quants" were just as surprised as everybody when the market started down and, instead of pulling out, just kept on going south. For years, the idea of "program trading" has gained a bigger and bigger foothold in the world of high finance.
When Math Doesn't Add Up: Discontinuities and the Real World
Among other things, 2008 was the year that models died on Wall Street. After decades, the "quants" were just as surprised as everybody when the market started down and, instead of pulling out, just kept on going south. For years, the idea of "program trading" has gained a bigger and bigger foothold in the world of high finance.
Majoring in Risk Management: Is It Time to Restudy the Subject?
The beginning of 2008 started off with the French bank Société Générale reporting that a low-level employee, Jérôme Kerviel, had executed a series of "elaborate, fictitious transactions" that cost the bank more than €4.9 billion, the largest loss ever recorded in the financial industry by a single trader. However, Kerviel's escapade pales in comparison with those of investment advisor Bernie Madoff, who admitted in early December to defrauding his clients of upward of US $50 billion in a "giant Ponzi scheme" for years.
Majoring in Risk Management: Is It Time to Restudy the Subject?
The beginning of 2008 started off with the French bank Société Générale reporting that a low-level employee, Jérôme Kerviel, had executed a series of "elaborate, fictitious transactions" that cost the bank more than €4.9 billion, the largest loss ever recorded in the financial industry by a single trader. However, Kerviel's escapade pales in comparison with those of investment advisor Bernie Madoff, who admitted in early December to defrauding his clients of upward of US $50 billion in a "giant Ponzi scheme" for years.
Majoring in Risk Management: Is It Time to Restudy the Subject?
The beginning of 2008 started off with the French bank Société Générale reporting that a low-level employee, Jérôme Kerviel, had executed a series of "elaborate, fictitious transactions" that cost the bank more than €4.9 billion, the largest loss ever recorded in the financial industry by a single trader. However, Kerviel's escapade pales in comparison with those of investment advisor Bernie Madoff, who admitted in early December to defrauding his clients of upward of US $50 billion in a "giant Ponzi scheme" for years.
Debriefing the Losing Bidder: An Investment in Future Success
This Advisor looks at debriefing the unsuccessful bidders after a competitive bidding process has closed. This is often treated as an optional process -- and is usually one to be avoided. However, if done well, with the right intent, it is a valuable exercise for all, and can also create support for your future bidding opportunities.
Debriefing the Losing Bidder: An Investment in Future Success
This Advisor looks at debriefing the unsuccessful bidders after a competitive bidding process has closed. This is often treated as an optional process -- and is usually one to be avoided. However, if done well, with the right intent, it is a valuable exercise for all, and can also create support for your future bidding opportunities.
Debriefing the Losing Bidder: An Investment in Future Success
This Advisor looks at debriefing the unsuccessful bidders after a competitive bidding process has closed. This is often treated as an optional process -- and is usually one to be avoided. However, if done well, with the right intent, it is a valuable exercise for all, and can also create support for your future bidding opportunities.


