Table of content

 





Comments

Post a Comment

Popular posts from this blog

#24 Never use WhatsApp for Business… for business

Image
  #24 Never use WhatsApp for Business… for business Never use WhatsApp for Business… for business. Why? Let me tell you a story. Background It looks like most companies are unable to get out of their core competency and at best can only become second best to real leaders. Let’s consider the history. IBM core competency was mainframes and consulting. They were innovative enough to invent a personal computer, but were they able to monetize that advantage? No. They just did not get it. And their OS/2 attempt to enter PC software business was an ultimate failure. Not to mention that their Lotus suite is only remembered today by industry veterans. Long story short, they sold their PC business to Lenovo in 2005. R.I.P. IBM PC business. Microsoft instead was able to utilize the competitive advantage of PCs. Their core competency was the common OS and Office applications. They did not care who makes PCs as log as they were running Windows and MS Office. Microsoft was also the ...
Read more

IT#14 Economy of Complexity

Image
The Paperwork Reduction Act (PRA) is a United States federal law enacted in 1980 designed to reduce the total amount of paperwork burden the federal government imposes on private businesses and citizens. United States Federal Law enacted by the 96th United States Congress. Effective December 11, 1980. #ITManagement #Management #Economy #ParasiticLoops #Complexity #TechnicalDebt This article explains the phenomenon of Economy of Complexity, its kinds and when does it become really bad. What is Economy of Complexity? What is this, Economy of Complexity? To make it short, the economy of complexity appears when a significant cost for a customer comes not from the materials and labor costs, but rather from the artificially raised beyond measure complexity of the process, service or a product . The classic example of the economy of complexity is bureaucracy. Imagine that you live a couple of centuries earlier than our time and come to some small European city to an insignificant city clerk w...
Read more

IT#13 The brief history of corporations, shares and layoffs

Image
  #ITManagement #Economy #layoffs See it on YouTube:   I wanted to start this series with very basic questions like "What is 'science'?" or "What is 'Computer Science'?". But today, in early 2023, the topic of layoffs is unfortunately dominating the minds of people in IT. So here we are. Prehistory In the early 17th Century the English and the Dutch sent their first trading expeditions to India (in 1600 and 1602). The sea trade was not a novel idea at that time, well known to Phonecians, Greeks, Arabs (have you heard of Sinbad the Sailor?), but the terms that we speak about came from Europe. A ship fully loaded with goods to trade was an expensive enterprise, so often several traders joined their funds to finance one. That was the first prototype of a corporation. Essentially it was a partnership, which was well known before the word "corporation" was used. The companions put their shares together and that's why shares, which we can tra...
Read more