Posts Tagged ‘business’

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Cisco’s John Chambers’ Recession Tips For CIOs

Monday, August 10th, 2009
John Chambers Knows How To Survive A Recession

John Chambers Knows How To Survive A Recession

It can be a long and lonely journey through a recession for anyone, including CIOs. The company’s very survival may be at stake, the CIO’s job may be at risk, and of course there is that big unanswered question about what needs to be done to prepare for life AFTER the recession is over. Maybe Cisco’s John Chambers can offer us some insights…

Who Is John Chambers?

Michael Malone over at the Wall Street Journal had a chance to sit down with John Chambers and ask him for some guidance  for how CIOs can make it through these troubling times.

Just in case you don’t know who John Chambers is, he’s the CEO of the computer networking giant Cisco. Roughly 3/4 of all Internet traffic is estimated to run over Cisco gear and if you own a LinkSys router in your home or use one of those little Flip digital cameras then you are a Cisco customer.

John Chambers was at the helm of Cisco when the tech world really took a dive back in 2001. When he talks about what CIOs need to do to survive the current downturn, he knows what he’s talking about…

Chamber’s Suggestions For Surviving A Recession

John Chambers has a playbook that contains four key elements for how to survive a downturn. The playbook has been created based on years of experience in the tech industry and having had a chance to watch once great companies fall by the wayside. Here are Chambers’ key points:

  • Be Realistic: All too often CIOs like to pretend that the challenges that they are facing are all caused by the current economic situation. In reality, it’s more often a combination of what’s going on in the market as well as challenges that they are creating internally. Being able to realize that these are two separate groups is the first step in coming up with a plan to deal with them.
  • Assess Your Situation: When  a CIO discovers that a recession is starting to happen, he/she needs to ask themselves how long they think that this is going to last (they always end eventually!) and how deep it’s going to be. The answer all too often turns out to be that it’s going to last longer than you anticipate and be more severe. Knowing this you can create plans that will see you though the entire downturn, not just some made up short period of time.
  • Get Ready For The Upturn: This is the part that so many CIOs miss – all recessions eventually end. Although the ability to do a good job of cutting costs will help see the company through the recession, it’s the ability to position the IT department to help the company burst into the lead once the recession is over that will prove a CIO’s true value.
  • Get Closer To Your Customers: You would think that this would have always been on Cisco’s list, but Chambers admits that it was added only after the 2001 recession. The closer that you are to your customers, the sooner you will realize when a recession is starting because you’ll see the pain that they are starting to feel. This helps you to react quicker and better.

Final Thoughts

In an era in which firms seem to go through CEOs like copier paper and in a region of the county, Silicon Valley, in which there are very few survivors, John Chambers has not only survived, but he has done a great job of thriving. His experiences with multiple recessions provide a great lesson for all current and future CIOs who want to help their companies to grow quicker, move faster, and do more.

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What We’ll Be Talking About Next Time

The very first baby boomer was born on January 1st, 1946. Soon after that a LOT more baby boomers were born. This generation of workers is just now reachingretirement age en-mass. With the possibility of having a large group of experienced workers leave the workforce all at once, should CIOs be worried?

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Posted in recession | 5 Comments »

CIO Cloud Computing: What The Future Holds

Wednesday, August 5th, 2009
When CIOs Look Into Cloud Computing's Future, What Do They See?

When CIOs Look Into Cloud Computing's Future, What Do They See?

Cloud computing is hot – there’s no denying that. However, as with all things in the information technology field, cloud computing isn’t standing still. Even as  you read these words, engineers are hard at work defining and refining just exactly what a cloud computing architecture looks like and how it behaves. Let’s take a peek at what the future holds…

Where The New Ideas Are Being Born

Although cloud computing research is going on in a number of small start-ups as well as at universities world-wide, the work that is being followed the closest is that which is being done by the very large firms. Here’s a quick run down of what they are doing:

  • HP /Intel / Yahoo: These three powerhouses have come together to launch the Cloud Research Testbed. The goal is to allow academic researchers to have access to supercomputing resources in order to try out new ideas such as computing chips that have been designed for cloud computing.
  • IBM Research: IBM has taken the global approach and launched its Research Compute Cloud. This cloud will be used to support business processes.

The 5-Year Plan

Something that has helped to propel cloud computing to the forefront of discussion in many IT departments is the simple fact that due to the economic downturn, there is no money left to design and build expensive computing architecture.

IT has for too long been seen as a department that simply maintains computing “boxes”. This adds very little value to the rest of the firm. It’s expected that small and midsized firms are going to be the ones jumping on the cloud computing bandwagon. The larger firms are expected to be setting up their own private clouds and only using public clouds when they temporarily need the extra capacity.

Improvements in cloud computing both this year and in the next few years should center around moving your applications from one cloud to another, have companies communicate better while in the cloud, and even sharing data in the cloud.

Final Thoughts

In the end, the best way to think about cloud computing is probably to view it as being yet another type of application deployment architecture. The real boon will be to software developers who will no longer be shackled by limited availability of computing hardware.

If the challenges that cloud computing is facing today, such as security, can be overcome then CIOs that discover how to best make use of this new resource will have found yet another way to enable the rest of the company to grow quicker, move faster, and do more.

Questions For You

Do you think that Yahoo and IBM are in a race to be the ones to define the cloud computing standards? Do you think that large firms will be successful in building their own private clouds? When do you think that public clouds will be “ready for prime time” and firms will start to use them over building out their own infrastructure? Leave me a comment and let me know what you are thinking.

Click here to get automatic updates when The Accidental Successful CIO Blog is updated.

What We’ll Be Talking About Next Time

It can be a long and lonely journey through a recession for anyone, including CIOs. The company’s very survival may be at stake, the CIO’s job may be at risk, and of course there is that big unanswered question about what needs to be done to prepare for life AFTER the recession is over. Maybe Cisco’s John Chambers can offer us some insights…

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Posted in cloud computing | 7 Comments »

CIO Cloud Computing 101: Problems With Clouds

Monday, August 3rd, 2009
Not All Clouds Are Right For Cloud Computing<br>(c) - 2006

Not All Clouds Are Right For Cloud Computing(c) - 2006

Cloud computing is all the rage these days and everyone who is anyone is making plans to implement at least some flavor of it as soon as possible. It turns out that the decision to go with a cloud computing solution for your IT department might not be as simple as some would lead you to believe. There are challenges to successfully using a cloud and we need to talk about them…

The Seven Challenges Of Cloud Computing

With all of the magazine articles, conferences, and vendors who have shown up to sell it, it’s easy to forget that cloud computing is still an emerging technology – it’s not quite fully baked yet. Neal Leavitt has spent some time studying cloud computing and has identified the following seven issues. CIOs will need to investigate their potential effects before agreeing to any cloud computing initiative:

  • Control: this is the biggest issue when it comes to using cloud computing. By design a company gives up control when they sign up to use a firm’s cloud resources. This means that the cloud provider can make changes to the infrastructure without telling the company at any time. This needs to be managed.
  • Performance / Reliability: When you are using resources that are not located within your firm’s buildings the question of how much computing horsepower you have available when you need it comes up. Additionally, failures will happen and so understanding how you’ll be notified and how quickly issues will be resolved is critical.
  • Security: You know that you can protect your mission critical business data when it’s inside your own walls, but what happens when somebody else is managing it for you?
  • Cost Of Bandwidth: You should be saving money on buying hardware and staffing to maintain it. However, you’ll need to very accurately forecast you bandwidth costs in order to determine the true cost of using the cloud.
  • Vendor Lock-In: true standards for how applications communicate and control applications that are in a vendor’s cloud have not yet been established. This means that vendors are creating their own proprietary interfaces that could end up tying you to a vendor for longer than you would like.
  • Transparency: basically this comes down to the difficulty that you’ll have doing an audit of your IT resources. Since you don’t have true visibility into the cloud you can’t say for certain who has access to your data and how you can keep people out of your sensitive data.
  • Reliability: I’d like to say that clouds are 100% reliable, but I can’t. The trade rags are filled with stories about connections that have gone down and back-up diesel generators that have failed to switch on. There is risk with every decision, you need to decide if you can handle the risk that comes with cloud computing.

Final Thoughts

As exciting as the new field of cloud computing is, CIOs need to slow down and take a deep breath. This is new stuff and that means that not all of the details have been worked out just yet. There are seven major areas that could have a dramatic impact on your company’s ability to get the most out of cloud computing. Do your homework and see if cloud computing offers you a way to apply IT to enable the rest of the company to grow quicker, move faster, and do more.

Questions For You

How important is it for you to retain complete control over your IT boxes? How much downtime can your department / business handle? What would the impact of a security breach be? Leave me a comment and let me know what you are thinking.

Click here to get automatic updates when The Accidental Successful CIO Blog is updated.

What We’ll Be Talking About Next Time

Cloud computing is hot – there’s no denying that. However, as with all things in the information technology field, cloud computing isn’t standing still. Even as  you read these words, engineers are hard at work defining and refining just exactly what a cloud computing architecture looks like and how it behaves. Let’s take a peek at what the future holds…

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Posted in cloud computing | 7 Comments »

Web 3.0 Is Coming – Are CIOs Ready?

Monday, July 20th, 2009
What Is The Web 3.0 And Are CIOs Going To Be Ready?

What Is The Web 3.0 And Are CIOs Going To Be Ready?

Oh Web 2.0, it seems like only yesterday that you arrived – is it possible that already you may be getting ready to be replaced? The answer is not quite yet, but the outline of what the Web 3.0 is going to look like is starting to firm up. CIOs have been slow to take advantage of all that the Web 2.0 had to offer, will they lag behind again when the Web 3.0 shows up?

What Was Web 2.0?

Before we run off and start making predictions about the future of the Internet, maybe it would be a good idea to take just a moment and make sure that we are all on the same page as to just exactly what the Web 2.0 is /was.

When the web first showed up (Web 1.0), everyone rushed out and created static web pages. That was a great start, but it got a bit boring because nothing changed without a great deal of effort. Web 2.0 extended what we had by adding blogging, Wikipedia, social networking (MySpace, Facebook, LinkedIn, etc.) and even microblogging (Twitter). This changed everything because all of a sudden things could be easily changed – and they were!

What Is Web 3.0 Going To Be?

So what’s next I can hear CIOs and soon-to-be CIOs asking. Dr. Jim Hendler at the Rensselaer Polytechnic Institute has been spending some time thinking about this and he’s come up with some interesting ideas. Dr. Hendler points out that it appears to all be based on Tim Berners-Lee’s (you know, the guy who invented the Web) vision of a semantic web.

In this next iteration of the web, what we’re going to see is more and more complex mashups of data from different applications being used to deliver data in more useful ways. Dr. Hendler believes that the read-write abilities of Web 2.0 applications will be used to build Web 3.0 applications that operate at the data, not the application level.

What’s Going To Make The Web 3.0 Happen?

Before the Web 3.0 can show up, a few critical pieces need to drop into place. Ultimately, what needs to happen is that it has to become easier to integrate web data resources. Here are the emerging technologies that are going to allow this to happen:

  • Resource Description Framework (RDF): provides a means to link data from multiple different websites or databases. Uses the SQL-like SPARQL query language.
  • Uniform Resource Identifiers (URI): We already have these – this is how you merge and map data that is found in different locations on the web.
  • Web Ontology Language (OWL): allows relationships to be inferred between data that is stored in different parts of the same application.

Final Thoughts

Rare are the times that CIOs actually have a chance to get in front of a significant change before it happens. Right now they have such a chance – Web 3.0 is not here yet, but it’s getting ready to arrive.

Spending time now to understand what business problems could be solved or solved better if you had a better description of the data that is available on the web is a necessary first step. Assigning staff to learn and become experts on the new Web 3.0 technologies early on will allow CIOs to have found a way to apply IT to enable the rest of the company to grow quicker, move faster, and do more.

Questions For You

What is the level of adoption of Web 2.0 technologies in  your department currently? Is anyone currently studying the new technologies that Web 3.0 will be built on? Have you created a planning committee to study how Web 3.0 abilities can be used to help your business? Leave me a comment and let me know what you are thinking.

Click here to get automatic updates when The Accidental Successful CIO Blog is updated.

What We’ll Be Talking About Next Time

Politics is a fascinating subject and I’m sure that we all have our own opinions about the events that are currently unfolding over in Iran regarding their recent elections. However, this posting isn’t about the elections or who won. Rather it’s about the amazing flow of information that happened even in a heavily restricted / controlled environment. We live in the 21st Century and this unfolding story holds many lessons for modern CIOs…

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Posted in technologies | 2 Comments »

Faux Market Secrets: How CIOs Capture Innovation

Monday, July 13th, 2009
CIOs Can Use Faux Markets To Identify Innovative Ideas

CIOs Can Use Faux Markets To Identify Innovative Ideas

So picture this: you’re a CIO and you desperately want to be seen by the rest of the C-level executives as something more than a simple cost center. What to do? If only there was some way that you could tap into all of that incredible creative energy that we all know lives in the IT department.

If you could harness that energy and apply it to innovative projects, you’d be a company hero. Guess what? The power of Faux Markets is exactly what you need to do this…

What Is A Faux Market?

You know that things are getting fancy when we start using French words! A Faux Market is simply a term that refers to using simulated market forces to make a decision. Perhaps an example would show what I mean. A good case study would be GE Research.

Back in 2005 GE Research had a problem. They had too many product ideas that had been submitted and only $50,000 to spend on investigating them. Clearly they need to make some hard decisions as to which ones they would persure.

The way they picked which projects to work on was by using a faux market. They had their 85 employees spend three weeks buying and selling any one of 62 proposed projects. At the end of the three weeks, GE ended up with a  prioritized list of the top projects that its employees thought had the most value. The project that won was an machine intelligence algorithm that a researcher had proposed but which had not yet traveled through the normal management bureaucracy.

Why Use Faux Markets?

All too often IT departments have a bewildering array of possible projects, technologies, or directions that the department can choose. Sometimes senior management will huddle and make a decision, sometimes no decision gets made. Faux markets offer an alternative.

A faux market tool allows a firm to quickly sort though large numbers of projects or proposals in order to attempt find those that will provide the most bang for the buck. Firms believe that this approach offers them the best chance of finding the next blockbuster product or solution.

Not A Silver Bullet

Faux markets can be a big help; however, as with everything else they do have their drawbacks. One such drawback is the that the voting process does not provide much insight - there may be no penalty for backing a bad idea. Just because a proposal is popular does not necessarily guarantee commercial success.

Final Thoughts

Using faux market tools to quickly sort though a large stack of ideas can provide IT departments with a way to identify innovative ideas no matter where they come from. However, a group vote alone isn’t enough in most cases.

A two step process where voting is initially used to narrow a large list down into a more manageable list of less than 100 candidates is a good first step. The next step can be to use a prediction market allow employees to buy and sell the candidates in order to see which ones go up in value. This will reveal the true winning ideas and you will have found a way to apply IT to enable the rest of the company to grow quicker, move faster, and do more.

Questions For You

How do you process new idea suggestions today? Do you have employees vote on things in order to sort them out? Are these just popularity contests or do they take market factors into consideration? Do you think that faux markets could help you capture more innovative ideas? Leave me a comment and let me know what you are thinking.

Click here to get automatic updates when The Accidental Successful CIO Blog is updated.

What We’ll Be Talking About Next Time

As a CIO, you’ve got some challenges facing you. You’re managing a diverse and potentially distributed work force of highly skilled and talented IT professionals. You need to find a way to keep them challenged, and yet at the same time enable them to find ways to work together. Have you considered Alternate Reality Games?

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Posted in business opportunity | No Comments »

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