Finally, going bloggers' way!! Will it be mind blogging or mind IT blogging? Well, Ill leave that prediction onus on never-aging, natural-panacea, TIME! But, being a born-bought up IT'ian (guess that word is not taken hitherto and wouldn't stomp into any IPR issues!) intent is to share some of the IT recipes', raw, baked and cooked! And in case I have been a Blog-novice and didn't explain what is IT? In technical terms, its Information Technology and in absolute lay man terms, its "In The" because its in every business we do and touches every individual every day, voluntarily or involuntarily.
I would encourage all my IT and non IT friends to share their views as well via this blog. To put it simple, Leverage IT!
In last 15 years world has witnessed and experienced break-neck speed globalization. Since 2005 Mr. Thomas L. Friedman through his The World is flat franchise brought across one of the most discussed and enlightening concept of ,flattening. But Credit risk crisis spew it recession waves in 2008 and even now with explosive Europe crisis, world is staring at a double dip recession. With more and more institutions banking on respective governments to bailout, aren't we looking at increases nationalization thus curbing on the relentless globalization impetus? IT is not immune to it either as sourcing irrespective of the direction is preferred to be discussed in implicit sense as explicitness is more or less a taboo. With unemployment and jingoistic sentiments soaring, IT companies have to seriously introspect on their strategies? Will globalization turn to not so famous of its cousin, glocalization?
IT or otherwise, most businesses have to suffer the ignorance of laymen and propaganda. Half way round the world, everyone talks about how IT seems to be eating into jobs of locals due to the supposed 'outsourcing' panacea. Well, the current environment in India is that retailers from around the world seem to pose a threat to homegrown wholesalers and retailers. Curtailing businesses within geographical boundaries seems to a simplistic way of viewing and dealing with an entity that has long outgrown the limitations of being attached to a piece of land. That being said, the world being flat though makes for great reading, needs to be viewed in the context of the social, political and economic fabric of humanity. Today's mantra is about creating a demon out of issues and bringing rational thoughts to its knees to please the interests of a few.. you can call it captialist, communist or plain politics.. take your pick.
Kudos on setting up your blog, Vijoy. As someone who has worked in the industry so long, you have a lot to say. You touch upon so many issues...information technology whether it destroys or creates jobs, the economic revolution of information, outsourcing, globalization. I would like to add to the discussion by I don't know where to start...other than it takes people to make quality IT. My favorite person on the matter is Watts Humphreys. Watts Humphrey is called the father of software quality. The accomplishments of his 60 year career include developing the Capability Maturity Model (CMMI) framework, the Personal Software Process (PSP) and the Team Software Process (TSP). He made an outrageous commitment to demand quality in software. He noted that every thousand lines of code has about 1 error. A typical system has at least 1 million lines of code, and by extension 1000 errors. He developed methods to improve quality, performance and process. Above all, he was interested in software as a means to make a better society (improved infrastructure etc). He died last year. If you want to read more check out Reflections on Management: How to Manage Your Software Projects, Your Teams, Your Boss, and Yourself (SEI Series in Software Engineering).
Thanks Roslyn for adding some valid points to the discussion. I read about Watts work while studying about CMM and CMMI. Absolutely agree with you and has lot of awe about his works.
By the way I'm planning to start a new thread on socialytics (social analytics) With increased overlap of social media into business economics, unstructured data is increasingly playing a critical role in driving business. Please feel free to put your thoughts already as I'm sure with your experience around search engines and search optimization, you would have lot of experience to pen down.
Socialytics, lexically is still a typo, but has already engraved its potent in contemporary business preamble with a thick brush. Socialytics or Social analytics is portrayed as one of the leading tech trends in the coming years. Though at nascent stage, has created enough hysteria especially with social media at the helm of technology revolution. With social platform been embraced at a rapid speed, conventional structured data churn'n'mine is suddenly inadequate to discern the buying pattern and to eventually contrive an apt sell-strategy. In the current social world when one prefers to tweet name of the new pet and post holiday experiences on Facebook walls, conventional analysis is far from enough to construe customers' pattern. So is Socialytics all about making sense with "dispersed information"? Well, what if we know what a customer wants before asking? In simple words, along with conventional Business analytics, Social analytics could increase the predictability resulting in quicker decisions and better customer engagement. While I will stay away from admonishing any Social analytics tools at this stage, would rather harp on this explosive trend which will redefine the complete customer engagement dynamics.
Importance of Social media is not disputable but how to measure the benefits of Social media is still relatively blurred. Putting it in a pure business lingo, What is the ROI? Let me start answering it with a blockbuster query. Is social media part of the strategy or a strategy? Its not a trick question, just framed with trickery. Ideally, social media should be part of the overall strategy. It should be constructed in line with overall business goal as it can add value to different aspects of the same. Be it Revenue, Marketing, Branding or even Employee Satisfaction. Once aligned to business goal, measurement can be a tangible outcome of metrics around those aspects. Did I make it look like an easy picking? Well, with all the respect to the institutions that specialize in providing frameworks and solutions pertaining to social media, I have to concede that to instill Social media into insecure organizational DNA and extract desired value is indeed a daunting task especially when it comes to extracting pertinence out of amoebic data. But, like any new trend, social media will have its learning curve and the maturity point. So, strategic alignment with apt measurement can be a structured stride towards taming the unstructured data.
Finally, going bloggers' way!! Will it be mind blogging or mind IT blogging? Well, Ill leave that prediction onus on never-aging, natural-panacea, TIME! But, being a born-bought up IT'ian (guess that word is not taken hitherto and wouldn't stomp into any IPR issues!) intent is to share some of the IT recipes', raw, baked and cooked! And in case I have been a Blog-novice and didn't explain what is IT? In technical terms, its Information Technology and in absolute lay man terms, its "In The" because its in every business we do and touches every individual every day, voluntarily or involuntarily.
ReplyDeleteI would encourage all my IT and non IT friends to share their views as well via this blog. To put it simple, Leverage IT!
Flattening Globalization v/s Walled Nationalization
ReplyDeleteIn last 15 years world has witnessed and experienced break-neck speed globalization. Since 2005 Mr. Thomas L. Friedman through his The World is flat franchise brought across one of the most discussed and enlightening concept of ,flattening. But Credit risk crisis spew it recession waves in 2008 and even now with explosive Europe crisis, world is staring at a double dip recession. With more and more institutions banking on respective governments to bailout, aren't we looking at increases nationalization thus curbing on the relentless globalization impetus? IT is not immune to it either as sourcing irrespective of the direction is preferred to be discussed in implicit sense as explicitness is more or less a taboo. With unemployment and jingoistic sentiments soaring, IT companies have to seriously introspect on their strategies? Will globalization turn to not so famous of its cousin, glocalization?
IT or otherwise, most businesses have to suffer the ignorance of laymen and propaganda. Half way round the world, everyone talks about how IT seems to be eating into jobs of locals due to the supposed 'outsourcing' panacea. Well, the current environment in India is that retailers from around the world seem to pose a threat to homegrown wholesalers and retailers. Curtailing businesses within geographical boundaries seems to a simplistic way of viewing and dealing with an entity that has long outgrown the limitations of being attached to a piece of land. That being said, the world being flat though makes for great reading, needs to be viewed in the context of the social, political and economic fabric of humanity. Today's mantra is about creating a demon out of issues and bringing rational thoughts to its knees to please the interests of a few.. you can call it captialist, communist or plain politics.. take your pick.
ReplyDeleteKudos on setting up your blog, Vijoy. As someone who has worked in the industry so long, you have a lot to say. You touch upon so many issues...information technology whether it destroys or creates jobs, the economic revolution of information, outsourcing, globalization. I would like to add to the discussion by I don't know where to start...other than it takes people to make quality IT. My favorite person on the matter is Watts Humphreys. Watts Humphrey is called the father of software quality. The accomplishments of his 60 year career include developing the Capability Maturity Model (CMMI) framework, the Personal Software Process (PSP) and the Team Software Process (TSP). He made an outrageous commitment to demand quality in software. He noted that every thousand lines of code has about 1 error. A typical system has at least 1 million lines of code, and by extension 1000 errors. He developed methods to improve quality, performance and process. Above all, he was interested in software as a means to make a better society (improved infrastructure etc). He died last year. If you want to read more check out Reflections on Management: How to Manage Your Software Projects, Your Teams, Your Boss, and Yourself (SEI Series in Software Engineering).
ReplyDeleteThanks Roslyn for adding some valid points to the discussion. I read about Watts work while studying about CMM and CMMI. Absolutely agree with you and has lot of awe about his works.
ReplyDeleteBy the way I'm planning to start a new thread on socialytics (social analytics) With increased overlap of social media into business economics, unstructured data is increasingly playing a critical role in driving business. Please feel free to put your thoughts already as I'm sure with your experience around search engines and search optimization, you would have lot of experience to pen down.
Congratulation Vijoy on starting this blog.wish you all the best for the same and look forward to hearing from you on this blog.
ReplyDeleteSocialytics, lexically is still a typo, but has already engraved its potent in contemporary business preamble with a thick brush.
ReplyDeleteSocialytics or Social analytics is portrayed as one of the leading tech trends in the coming years. Though at nascent stage, has created enough hysteria especially with social media at the helm of technology revolution. With social platform been embraced at a rapid speed, conventional structured data churn'n'mine is suddenly inadequate to discern the buying pattern and to eventually contrive an apt sell-strategy. In the current social world when one prefers to tweet name of the new pet and post holiday experiences on Facebook walls, conventional analysis is far from enough to construe customers' pattern. So is Socialytics all about making sense with "dispersed information"? Well, what if we know what a customer wants before asking? In simple words, along with conventional Business analytics, Social analytics could increase the predictability resulting in quicker decisions and better customer engagement. While I will stay away from admonishing any Social analytics tools at this stage, would rather harp on this explosive trend which will redefine the complete customer engagement dynamics.
Importance of Social media is not disputable but how to measure the benefits of Social media is still relatively blurred. Putting it in a pure business lingo, What is the ROI?
ReplyDeleteLet me start answering it with a blockbuster query. Is social media part of the strategy or a strategy? Its not a trick question, just framed with trickery. Ideally, social media should be part of the overall strategy. It should be constructed in line with overall business goal as it can add value to different aspects of the same. Be it Revenue, Marketing, Branding or even Employee Satisfaction. Once aligned to business goal, measurement can be a tangible outcome of metrics around those aspects. Did I make it look like an easy picking? Well, with all the respect to the institutions that specialize in providing frameworks and solutions pertaining to social media, I have to concede that to instill Social media into insecure organizational DNA and extract desired value is indeed a daunting task especially when it comes to extracting pertinence out of amoebic data. But, like any new trend, social media will have its learning curve and the maturity point.
So, strategic alignment with apt measurement can be a structured stride towards taming the unstructured data.