Use Technology Efficiently

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Where is ICT transforming business now?

 

 

 

 

 

 

Where is ICT Transforming Business Now? 

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  • Diversity of thought is needed in ICT projects

  • Companies need more leadership

  • Banks rely heavily on ICT for efficiency

  • GE and Honeywell are leadership factories

  • They reward those who find and fix issues

  • They punish festering faults

  • Streamlining supply chain more is often possible

  • IT can be stepped up a level rather than continually patching E.g. Y2K.

  • When companies merge a big spend on IT can greatly improve the overall ICT model

  • GE likes speed and simplicity E.g. Business case 10 pages, budget $150M, 3 person sign off, approved in 2 weeks.

  • Some companies with poor practices may need E.g. 28 signatures for project approval

  • With speed is responsibility. E.g. Sacked if project not to performance on time.

  • Project money needs to be put into delivery and not governance layers

  • Borrowing persons short term with previous experience in the project type at hand can save 15% of project cost.

  • Performance review presentation– 1 page , 5 items achieved, development plan 2/3 of page

  • Performance review analysis – Look at energy, energize, execute, edge (tough decisions). How do we get them to improve?

  • PERT – plan from end to start (time)

  • Some large companies spent too much time in project evaluation phase

  • Re-use previous knowledge of projects. E.g. Linux on desktop may be not suitable but Linux knowledge for open source data centre works.

  • Linux Open Source Data centers can reduce management and maintenance fees

  • Yahoo has 3 technicians looking after 15 PB of data storage

  • Learn from the worlds best 10 companies at a particular activity / process. E.g. Dell for supply chain.

  • Work out what are the fewest levers required for the biggest outcome

  • Be self aware of the environment you are working in

  • Innovation is often created at student level. E.g. Microsoft, Sun, Mosaic browser. They have constraints on money and time. No constraints of thought.

  • Microsoft have now little innovation now as seem to buy bolt ons (software IP)

  • New Australian legislation to track money laundering is going to cost banks millions.

  • Waterfall delivery is the project process in sequence of requirements capture, requirement documents, analysis, design documents, code, code reviews, test plans, tests.

  • Agile project process has analysis, design, implementation and testing done at the same time. It starts with a set requirements list.

  • Agile projects have a burn rate of money for personnel

  • Agile projects reviewed lightly each day for what was achieved yesterday, what to achieve today and where are the roadblocks.

  • Agile projects have a 30 day review cycle for delivery of a design / code section / document / prototype

  • Money and time is saved in evaluation phase by using the Agile method

  • Projects can course correct every 30 days which saves on rework time

  • Agile allows for mistakes and then course correction to fix them

  • Agile projects are test driven along the process

  • Agile teams are 6-8 person groups working in parallel time frame with other groups

  • Solution to money laundering software solution was to use existing software with anti laundering rule sets and run with it. Use Agile methods to add new rule sets to suit client. Project was completed quicker and cost much less.

  • Silicon Valley has a population of 2.5 million people

  • Stanford and Berkley Universities have Analysis and Computer Science related faculties only. It allows them to specialise

  • Companies and Universities can work together on sponsored projects and both reuse the IP.

  • The Open Source development is now helping Google (Linux), Yahoo (FreeBSD), Apple (FreeBSD)

  • Apple OS X is made up of FreeBSD plus a MAC graphical user interface

  • Apple spends $110M /yr on operating system research and development. Microsoft spends $3 B/yr.

  • It is better to out think competitors rather than to outsource to save costs.

  • Big outsourcing does not work

 

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