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Showing posts from November, 2010

Wisdom - Statistical Thinking!

Of all the branches of Mathematics, Statistics has a very practical application in solving real world problems. Though I firmly believe all wisdom and knowledge come from God, the area of Statistics falls under the wisdom spectrum as it gives innate ability to understand and give answers to practical problems.  I am sure when Joseph and Daniel conducted the affairs of Kings they had a sort of statistical wisdom. Take for example Abraham Wald (1902- 1950)  worked on war problems during World War II. Wald invented some statistical methods that were military secrets until the war ended.  He was asked a probing question as to where extra armor should be added to airplanes. Wald studied the data of the location of enemy bullet holes in planes returning from combat. He then plotted the locations on an outline of the plane. As data accumulated, most of the outline filled up. He then came back with the solution and told them to put the armor in the few spots with no bullet holes. Wald said t…

Analysis of SAP’s Platform Strategy

The software industry has been through high and lows up with the constant advent of new technological innovations and rapid changes in the global economic landscapes. SAP is the leading enterprise application software giant started by Hasso Plattner. The rise of Enterprise application industries started in early eighty’s with organizations needing one single software program that was capable of serving the multiple needs and functions of various departments. One single enterprise-wide application software means integrating applications that fused together for the smooth exchange and extraction of information. For example when customer services sold a product and got stock updated in the inventory by the warehouse people and the same data could be pulled by the Finance department. Enterprise Application software’s were designed exactly to do the latter mentioned processes seamlessly. SAP started by break away engineer’s Plattner and group build the company on strong engineering fort…

Extension of An Innovation!

I recently was made aware that immediacy of objects, values and street innovation extend the product ideas that will be instrumental in making them universal. The lessons to be learnt are how do you design a product or a system that can be extended or be universally accepted. The proposed idea is to watch for ideas that come from the streets, reverse engineering, social re-engineering and innovative social uses of products or ideas.

For example to expand on this a cell phone owner in Uganda becomes an instant ATM. Strange Isn't it? People in Uganda use cell phones to transfer money and exchange minutes for cash. How does it work you may ask? So if you live in Kampala and have a cell phone and you want to send money to your parents in a small village a few hundred miles away you would buy a pre-paid phone card with minutes on it and transfer it to a person in the village where your parents live who has a cell phone. So from Kampala you would call this person and give him the card n…

Resonance - 'A Film about Design Strategy'

Design Strategy for a firm or project  is a complex process. Here is a video how innovation design consultancy firm "Continuum" approaches it in a film they produced called 'Resonance: A Film About Design Strategy.'
I like the concept of connecting insights to values and coming up with the right idea to produce a solution. BRILLIANT!

Enjoy!!


Continuum Resonance Video: Getting to the right idea from Continuum on Vimeo.

Insight,

Sam Kurien

Fit Analysis- Is it Business ‘Fit’ or Technical ‘Fit’?

Enterprise Architects/IT Teams along with their business counterparts struggle with the idea of how to effectively engage the senior leadership regarding an application system that clearly does not fall in architectural/technology standard or simply the business standard. Recently talking to senior leader in our company his suggestion was – IT seems to have too much time on its hands to do a “What If” analysis. The comment didn’t catch me by surprise as the individual has hard time understanding not just technical but the business side of things too. A simple technique called FIT analysis can help in preparing a presentation for the senior leadership. The objectives mainly revolve around convincing the management about validating the IT road map for an application, make a strategic decision for better IT alignment and better maintenance of your application portfolios.

In Fit Analysis the first step is to always answer the question what is the business requirement or need that is tryin…

Business Analysis Cost Matrix

I have long maintained the view that cost accounting is art and science. You can master the mechanics and science for a given industry or domain but the art is a debatable matter. Part of every cost accounting is the function of budgeting and it usually falls under two spectrum one is accounting for every cost possible and fix the costs and spend strictly around the allocated costs, but in real world we know this is sometimes not accurately possible so we operate within margins, this is my favorite method, the other is what is practiced in the industry most of the times that is to take estimated costs of the items and take an educated guess about things that you cannot account for or allocate x amount of resources add all of it and spend what you can afford as operations pan out.  The first approach when integrating technology as a strategic component becomes inflexible because in three or five year cycles corresponding maintenance and service cycles do not match with your cost accoun…