Well, here we are with the aftermaths of a stock market bubble and a housing bubble. Traditional truths that were formerly ridiculed are suddenly accepted as being self-evident.
Read the full story »“Jack Welch, who is regarded as father of the “shareholder value” movement, has said the obsession with short-term profits and share price gains that has dominated the corporate world for over 20 years was “a dumb idea”. ”
– Jack Welch
Jack goes on to say,
“On the face of it, shareholder value is the dumbest idea in the world,” he said. “Shareholder value is a result, not a strategy…your main constituencies are your employees, your customers and your products.”
– Jack Welch
A forum has been added to the “You Want it When” blog. Visit the forum to discuss topics in software developement. To navigate to the forum, click the menu item between news and about, or …
This is the second in a series of articles about one of the perils of our economic times - finding yourself suddenly unemployed. Unfortunately the recently released official US November unemployment numbers proved that membership has drastically increased by another 530,000 people, raising the overall national unemployment rate to 6.7%. Ouch! So for all you newcomers a quick summary of what we discussed so far.
Today’s global economic crisis has affected everybody in some capacity and for some it has cost them their jobs. The October employment statistics from US Bureau of Labor reported unemployment rates at 6.5% that equates to 10 Million Americans on the unemployment rolls, an increase of over 600,000 from the previous month. The total number of unemployed is the largest since March 1994. With all these sobering statistics this is a topic that may be of value to our readers. Therefore this is the first in a series of articles geared towards helping you get through this crisis.
As we saw in the last essay, the 80:20 rule seemingly appears in many circumstances. When I was attending college and working as a programmer during the 80’s, there were some commonly accepted tenets that guided our software development processes and behaviors.
I’m curious to know what software process methodology the readers of my material practice. If you would, please take the poll and share your experiences with a comment. In the comment if you can answer the following questions, it would be greatly appreciated.
Erik Peterson presents on the 80:20 rule at a Google Talk, which you can view on YouTube.com. He explains how to use the 80:20 rule to improve the quality of your testing with the benefit of delivering high quality software products.
Soak testing is the practice of exercising an application continuously under automated test with the primary objective of uncovering defects. In my experience, it’s the best practice for delivering reliable applications: applications that never seem to crash or exit abruptly
Work smarter, not harder is common wisdom for solving difficult problems. Analysis is the process of applying our knowledge intelligently to solve difficult problems. Upfront analysis saves time. It’s about working smarter, not harder.
I just stumbled upon a blog posting by Chad Myers titled “Good Design is not Subjective.” It’s hard for me to believe, but apparently this is a controversial subject in the software community today.
Jerry’s challenge with raising the target donations is similar to the challenges we face in estimating and delivering software projects on time. He has no way to precisely estimate how much money he can raise in the 24-hour event, yet he has a target, and he always exceeds it. Similarly on software projects, teams are asked to deliver a fixed set of requirements on a fixed date, but unlike Jerry, we are rarely successful in delivering everything on time.
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