The Power (and Dangers) of the Analogy in Risk Management
The odds of that? That's like being struck by lightning.
Is it? Is it really?
The English language is rife with metaphors. We do comparisons and analogies on a ritual basis. However, when the topic arises, I'm reminded of a college mate of mine, Jack Shepherd, who used to challenge similes on a regular basis.
"Thinktation" -- Thoughts Direct to Output
Some years ago, I was working on a data warehousing project for a large bank in the US state of Texas, where one of my roles was reviewing the data model that the users and consultants were coming up with. I was charging a fairly high rate, for that time anyway, and the user manager became a little concerned that he was being billed for my work but hadn't seen me around much.
"Thinktation" -- Thoughts Direct to Output
Some years ago, I was working on a data warehousing project for a large bank in the US state of Texas, where one of my roles was reviewing the data model that the users and consultants were coming up with. I was charging a fairly high rate, for that time anyway, and the user manager became a little concerned that he was being billed for my work but hadn't seen me around much.
"Thinktation" -- Thoughts Direct to Output
Some years ago, I was working on a data warehousing project for a large bank in the US state of Texas, where one of my roles was reviewing the data model that the users and consultants were coming up with. I was charging a fairly high rate, for that time anyway, and the user manager became a little concerned that he was being billed for my work but hadn't seen me around much.
Scheduling Meetings When Far-Flung Time Zones Cramp Styles
While it can be very personally rewarding to learn about other cultures and interact with people from different places, from a project management perspective, these factors must be thought of as risks that should be actively mitigated and monitored. The business impact leads to, as a general rule, increased costs and schedule or product delivery delays.
Scheduling Meetings When Far-Flung Time Zones Cramp Styles
While it can be very personally rewarding to learn about other cultures and interact with people from different places, from a project management perspective, these factors must be thought of as risks that should be actively mitigated and monitored. The business impact leads to, as a general rule, increased costs and schedule or product delivery delays.
Increasing Your Odds: Creating Better Business Cases
Traditionally, the main purpose in building a business case for an IT project is to obtain approval for the financial spend. However, in addition to obtaining funding for the investment, the preparation of comprehensive and robust business cases provides organizations with other important advantages.
Google Apps and Gmail Crash: Cloud Computing's Limitations Exposed?
Last month, I discussed cloud computing -- what it is and key issues that end-user organizations should carefully consider when evaluating its use, including reliability/availability, security, and data integration and integrity (see "Cloud Computing Cranks it Up, But Issues Remain," 23 July 2008).
Sybase Enters a Hot Data Warehousing and BI Appliance Market
The number of data warehousing appliances on the market -- prepackaged hardware/software offerings that combine database, data storage, compute servers, and operating systems preconfigured and pretuned to support data warehousing -- continues to grow. The latest vendor to introduce a data-warehousing appliance is Sybase, Inc.
Outsourcing: The Feasibility Analysis
Beyond all doubt, the trend to outsource functions developed inside an enterprise or a government agency is at its peak. This phenomenon is not limited to IT; it's under consideration in several areas of an organization. Although outsourcing is a very appealing concept, it is essential for a company to be properly prepared for this kind of change.
Open Market Innovation: Not As Popular As Open Source, but Just As Powerful
Before there was the principle of open source to manage innovation, there was the open market to achieve the same innovation and agility objectives. Open source innovation attracts the bulk of the attention today, which is why open market innovation deserves another look. The IT organization should join in because of the role it can play in enabling this approach to innovation.
Open Market Innovation: Not As Popular As Open Source, but Just As Powerful
Before there was the principle of open source to manage innovation, there was the open market to achieve the same innovation and agility objectives. Open source innovation attracts the bulk of the attention today, which is why open market innovation deserves another look. The IT organization should join in because of the role it can play in enabling this approach to innovation.
Open Market Innovation: Not As Popular As Open Source, but Just As Powerful
Before there was the principle of open source to manage innovation, there was the open market to achieve the same innovation and agility objectives. Open source innovation attracts the bulk of the attention today, which is why open market innovation deserves another look. The IT organization should join in because of the role it can play in enabling this approach to innovation.
Intrinsic Quality: Why Testing Takes Time
This is a continuation of previous Advisors on quality, specifically ones on intrinsic quality (see "Investigating Agile: Inside and Out," 19 June 2008 and "Intrinsic Quality?" 3 July 2008).
Wise Managers and the Four Kinds of Information Systems
Looking at a software catalog, we see hundreds or even thousands of software titles. There are accounting systems, HR systems, manufacturing systems, personal productivity systems -- you name it. With so many systems out there, we would expect that it would be difficult to categorize all of them. However, from the point of view of a for-profit organization, the categorization is very straightforward. There are four.
Wise Managers and the Four Kinds of Information Systems
Looking at a software catalog, we see hundreds or even thousands of software titles. There are accounting systems, HR systems, manufacturing systems, personal productivity systems -- you name it. With so many systems out there, we would expect that it would be difficult to categorize all of them. However, from the point of view of a for-profit organization, the categorization is very straightforward. There are four.
Green IT to Green IS: Taking Action
Humans have, for many years, used IT and IS to enhance their environment and to learn about their surroundings. We have invented such information technologies as printing and such information systems as publishing to disseminate knowledge. In the process, we have created practices that in the long run and on a large scale damage this same environment (e.g., converting trees to paper).
What Standards Does IEEE 1471 Describe?
I recently participated in a discussion about architecture frameworks and standards. While there are many frameworks -- such as Zachman, FEAF, and DoDAF -- only TOGAF qualifies as an official standard. By "official," I mean that it is created, published, and maintained by an accredited standards organization.
Embedded, "Process-Aware" Analytics
Investing in Enterprise Software
Managing Offshore Development: Establishing Software Development Processes
IT executives are continuing to keep an eye on the US and world economies and are looking for ways to cut expenses to meet reduced spending goals. One option is to consider establishing an offshore development team or outsource to an offshore vendor. India, Eastern Europe, and now China are all viable locations with skilled labor and many outsourcing options.
What Managers Should Know About Retrospectives
"We really like your proposal, but this idea to take the whole team into a one-day workshop every month -- 'retrospective' was what you called it? -- and have a three-day workshop each quarter is by far too expensive!" If I had a hit list of discussions I have had with managers over the last five years, this would probably be number one.
Learning to Say "No"
Quick, who was Ownit Mortgage Solutions?
Give up? Well, it was a US state of California company, one of the top 15 subprime mortgage companies, and it went bankrupt -- in early December 2006.
The financial company Merrill Lynch had a 15% stake in Ownit and, at the time, a few insightful commentators (mainly outside the US) asked whether Ownit was the canary in the US subprime mortgage coal mine. Looking back, it apparently was, although few financial institutions paid much attention to Ownit's demise, including Merrill Lynch.
What's the Next Big Thing? Part III
In the last couple of Advisors (see "Is Parallel Computing the Next Big Thing?" 17 July 2008 and "What's the Next Big Thing?
What's the Next Big Thing? Part III
In the last couple of Advisors (see "Is Parallel Computing the Next Big Thing?" 17 July 2008 and "What's the Next Big Thing?


