Inflated or fake project´s ROIs (Return on Investment) can finally lead to inflated corporation´s ROCEs (Return on Capital Emloyed) and to the red ink bottom lines. Too many inflated corporation´s ROCEs finally can succesfully pin down to the touch pad the Adam Smith´s unvisibe hand by well known Quantitative Easing visible hand. Such devil race can usually bring well known market and monetary bubbles which historicaly represents a full manifestation of global financial crisis. Above mentioned two wisdoms or rather approaches, are famous quotes of two wise men. The “Festina Lente - Make haste slowly“ quoted by Octavianus Augustus, Roman Emperor and the „Time is Money“ quoted by Benjamin Franklin, US President. Two wisdoms seems to stay in oposition one to another. But are they really? And even more important question, what are their implications to the global financial crisis?
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Have you ever wondered what the "best bang for the buck" agility would look like in a team? Recently, I've been faced with a challenging task of bringing a unit of 70 independent IT squads to a reasonable level of agility in less than a year. It's worth mentioning that most of them had no serious practical experience with the framework. A fast, straightforward, and scalable approach was needed.
The COVID-19 pandemic has changed the physical ways and methods of teaching and learning, accelerating the digitization of them. Video conferencing has replaced the face-to-face engagement in a physical classroom; screen sharing and presentation slides have become the new whiteboard. As education is rapidly turning digital, the need for and the availability of tools to facilitate online learning and teaching has surged over the last few years; and online whiteboards are gaining popularity by the day.
What is IT Service Management (ITSM)? Classification of IT Services ITSM is a concept that involves delivery of IT services to customers and users. The lifecycle of IT services starts with strategy and continues through design, transition, and operation. Once in operation, continual service improvement is critical not only to the ongoing health of IT services, but also to support the changing, expanding, and simplification of business processes.
Current time of home office and online meetings together with fast development of IT and AI technologies brings new perspectives to cybersecurity. Recent global events have upended our lives and serve as the foundations for better understanding information security of today and future. How can we ensure our data and processes will remain safe?
We as humans are well aware that we are driven by cognitive biases which impact also the outcome from decision-making processes. We have natural preferences, are too optimistic, or often go even by gut feelings when it comes to decision-making. In project management, this phenomenon is often leading to what is called the planning fallacy as we are usually underestimating efforts that will be required to deliver work items, we often underestimate the cost of delivery, and we underestimate risks that may impact project outcomes. Often - and we can see an increase over the years - such flaws are leading to project delivery failures.
Applying Value Stream and processes which is one of the 4 Dimensions of ITIL 4 Value Streams & Processes
We are currently fully facing the COVID-19 pandemic and trying to overcome the obstacles that this time brings to our companies and organizations. What could this situation tell us? Could we have been better prepared as managers on operational level?
We are currently fully facing the COVID-19 pandemic and trying to overcome the obstacles that this time brings to our companies and organizations. What could this situation tell us? Could we have been better prepared as managers on tactical level?
We are currently fully facing the COVID-19 pandemic and trying to overcome the obstacles that this time brings to our companies and organizations. What could this situation tell us? Could we have been better prepared as managers on strategic level?