Problems of economy also little cultural in nature

we say we are building multi-cultural society. Is this just cover up? poor have least chances in all economy and poor is who can give u maximum growth as its easy to multiply money in small denomination..eg easier to make 1 euro to 2 then 1 billion to 2 billion euro

Countries and place which continue to attract talent from all across the world would always succeeded in past also and continue to do well now also in competitive world. By Talent we mean many dimension ,ability to think creatively to problem, knowledge in general, then subject specific knowledge, degrees from premier universities or marks are one such factor . It can be one factor there are many who can figure out this better ? Good student always read extra then required sometimes all of those not required to be remembered. I have found my experience as teacher in past really good student are top 10% but many times they are not topper in some country like india where focus is on cramming and putting to paper.So those who do rote learning or mugging score well become topper.As compared with people who have read 300% extra material then required for syllabus.but memory capacity is limited. Now if they remember 50% of 300. it will be 150% out of these what actually lecture told to read is 70% so 30% was what they not read yet they were in top 10%.but they know other 230% here what university system is missing currently.

My answer is: leave it to market forces what talent they need to survive? you can put guidelines and but putting restriction will always hinder flow of talent and hence growth of economy. Every company knows what kind of talent it needs to succeed in market. and requirement keep changing every year.

Strategic Information Systems will be in focus again next 5 yrs

So many business are wiped out due to Strategic Information System (SIS). SIS will be important again.

SIS is effective only when it valuable and imperfectly imitable. Sources of imperfect imitability:

1. Unique Solution

2. Patentable technology

3. Organizational Culture

4. Teamwork

5. Internal Politics

If SIS is non-imitable then competitor cannot replicate and hence cannot benefit from it.

Operational management SIS example:

American Hospital Supply inventory control system installed on customer premises

Financial management SIS example

Organizational planning must be tied to financial analysis. There is always a greater opportunity to develop strategic systems when the financial systems are in place, and required figures can be readily retrieved from them.

How SIS help in strategic competitive advantage:

  1. Lower cost with respect to Quality of product, services that will make product attractive or yield better Return on Investment ROI.
  2. Differentiations:  Deliver product or service that differentiate company. There is emotional intelligence people can feel company is doing something extra for them.
  3. Market Segment: able to provide the capabilities of defining, expanding, and filling a particular niche or segment.
  4. Innovation: greatest example is Disruptive intelligence by intel.

Cost ,differentiation are mutually exclusive.

Basic competitive forces:

  • the threat of new entrants
  • the threat of substitute products or services
  • the bargaining power of suppliers
  • the bargaining power of buyers and the intensity of the rivalry among existing competitors

The problem is to determine how a business can outperform the industry average and attain a sustainable competitive advantage .answer lies in information technology together with good management.

With more advances in technology, traditional university system will change.

Near vision devices and interfaces ,video mail (u will listen more often You have a video mail)will make choice of multiple subjects to choose.dynamic curriculum. flexible work hour adjustable routine.flexible exam date can sit i exam and month..exam keep rolling…same way banking changed with IT next education will change with IT..also It will save huge IT budgets for Government. Now we do not so many bank branches as it add to real estate fixed as well variable cost of maintenance. as well we are going to see new genre of devices making far communication and recorder communication more flexible…
Hard working people will more attend these training..instead of entrance in future people across country wil ranked on each subject marks at end of semester..it gives good talent to industry and country.

Need for change:

1. Career Cycle have shrunk: from 1 career per life to may be 3 career. So if we take average working life 30 yrs of a person. then every 10 yrs he/she is bound for change due to shrinking career cycles.

Why change ? career cycle have shrunk. Take case so Many changes happen in 10 yrs that whatever u read and experienced 10 yrs back changes. This does not happen with people who keep re-skill themselves every year or 10% people who continue to do whatever they are doing but with 90% career change do happen ( like moving into management, moving into some other domain etc).

2. People in Job have very less time and flexibility to attend lectures or do research. With advancement in technology lectures can be recorded and played by student any time.Student can do online labs, can participate in case study discussion while taking 20 mins break from job. He does not need to be physically present.

3. Earlier competition was Entrance Exam like GMAT..but future competition will be how u are ranked in Financial accounting among all student enrolled in america who are your classmate. Definitely top 10 out of 5000 executive enrolled would be really good for company instead of looking GMAT score. because Finance skills what company want and need and GMAT is not skill requirement for company to grow. here also 10/5000 comes to 1 /500 ratio which shows student is really competitive.

4. Power of Differentiation: University can give bucket of courses to student to pick and choose and attend class. So let say choose from list of 200.(from IT,engineering,economics,management). for example A person interested in game programming management will choose (game programming, Artistic courses, Management, Economics, strategy, Electronics hardware platforms). Thus differentiate himself from rest market and adopt strategy of focus on what he want to do?

5 Economics for University  Often University starts a new course which people cannot understand the importance of What happens then is low enrollment in those courses and hence university drop those courses every year every country , every university in some for or other. But with learner spread over whole of america. 2 student from Delware, 2 from new York, 10 from San Francisco  10 from Boston  ….list of 200 cities aggregates to 400 students.? university can easily run those courses without worry of enrollment and reach ,and also due to factors of (product , promotion, place and price).The case above explained factor of place.

6. Economics for nation: With budgets getting lower and cost of education higher and relevancy of education to job falling it makes sense for any country to adopt this model of reach. Even people inside jail can be taught online can get degrees inside jail thus reform themselves for better career.

Graphene the wonder material : Foldable cell phones , wearable computer,Bionic devices….soon reality

Graphene u beauty :
Foldable cell phones , wearable computer,Bionic devices, soon will be reality…
China has 400 patents on Graphine, US has 250 , UK has 70.

This was urgently needed companies are also moving on this largest no of patent are with IBM and then Samsung.

.. http://portal.acs.org/portal/acs/corg/content?_nfpb=true&_pageLabel=PP_MULTICOLUMN_T2_66&node_id=893&use_sec=false&sec_url_var=region1&__uuid=7bd36957-9597-4673-8835-9e75949ac91a

Comparing Enterprise Framework

Enterprises can be large and complex, the models associated with the discipline also tend to be large and complex.Enterprise Architecture framework help reduce this complexity by offering:

  • Views : provide the mechanisms for communicating information about the relationships that are important in the architecture
  • Methods : provide the discipline to gather and organize the data and construct the views in a way that helps ensure integrity, accuracy and completeness
  • Training/Experience : support the application of method and use of tools

Enterprise Architecture

NIST_Enterprise_Architecture_Model

A list of ALL ENTERPRISE FRAMEWORKS…

– Business Frameworks (e.g. BMM, Six Markets, Porters 5 Forces, McKinsey 7S, etc)
– Architecture Frameworks (e.g. PEAF, MODAF, TOGAF, TEAF, IAF, Zackman etc)
– Programming Frameworks (e.g. .NET, J2EE, etc)
– Project Management Frameworks (e.g. PRINCE2, MSP, etc)
– Service Management Frameworks (e.g. ITIL, etc)
– Industry Operations Frameworks (e.g. eTOM, Pragmatic Marketing, etc)
– Any other type of framework in any other domain so long as it is related to an ENTERPRISE.

There is endless list of model basically modeled around either Zackman or TOGAF.
Like this one for security. Building Security In Maturity Model. The BSIMM is a study of real-world software security initiatives organized so that you can determine where you stand with your software security initiative and how to evolve your efforts over time.
http://bsimm.com/online/
then like sharewood which like modeled on zackman
http://en.wikipedia.org/wiki/Sherwood_Applied_Business_Security_Architecture

Agile project management for security project

As Agile project management incorporates principles of Lean techniques , kaban and six sigma into software development life cycle. Lean comes into picture as instead of huge inventory of requirements getting stacked in Product/Project Backlog an inventory is kept as small or as lean as possible. Security feature or requirements are more costly if not caught early in life cycle or product development life cycle. Paper discusses lean management of security requirements. Also application of Security Testing Methodology , application of Security patterns anti-patterns to increase Reuse and reduce time and reduce cost.

UserStoryScrum

click to download document in word format: