Tag Archives: strategy

ZT: The Road to CIO

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Puzzlebird: Many of IT colleagues are having the dream to be the CIO in future, but very seldom people are talking about how to move towards the road to CIO. This is a series of article from “ComputerWorld”. The originals were posted in 2005 in three parts. Part 1, Part 2, Part 3. I absolutely agree with this article, and have been aligning my actions before even reading it into following area

  • business thought leader (stay closer to business)
  • try to expand into business area in projects or roles
  • focus on value and delivery (that’s the real thing matters)
  • develop my team similarly

Part 1: How to prepare youreself for the top spot

So, you want to be a CIO? The general perceived path is that you grow up on the technical side and then you gradually get more exposure to the business, especially if your organization is proactive and really leverages IT. The road to the corner suite for IT executives is usually through the development of a highly focused expertise. It is exactly this expert mentality that makes the technician or executive useful to his CIO. The more senior an IT executive becomes, the more he is expected to manage. The focus, however, remains largely on IT issues. This creates the conundrum. To be a CIO, you need highly developed business skills — experience that is not always immediately offered to the IT executive. This is experience that you will have to seek out on your own.

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A key message from business leader

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Our departmental leader published a blog on the learnings of his leadership conference. He mentioned following 5 elements to develop the business strategy.

  • Be reliable: Providing a reliable supply of high-quality medicines to our patients
  • Be efficient: Improving operating productivity and optimizing the production network
  • Be agile: Creating capability to anticipate and respond quickly to changing needs
  • Be innovative: Continuously innovating and improving our processes and operations
  • Be inspired: Attracting, developing and retaining the best talents and greatest leaders

And two most desirable qualities in the corporate culture:  “have willingness to take calculated risks” and to “accept and learn from failures.”

Corporate value is “Integrity, Courage and Passion”, while the corporate value in my previous company was “integrity, people and excellence”. See the difference?

How to Improve IT Value Measurement

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Copied from CIOInsight

You’ve heard it before. The CFO asks “how do we know what value we’re getting from IT?” The business line leader asks “How do I measure the value of IT to my P&L, not just help desk tickets closed?” The CEO asks “How do I know our IT spend is allocated to best support our objectives?”

Economic pressures are putting more emphasis than ever on the CIO’s use of best practice in value measurement — the right measures applied in the right way to get the right insights to improve value. Painfully, this came at the same time that a Center for CIO Leadership study entitled “Communicating Business Value” reported that only 51% of respondents agreed with the statement “I have developed business value indicators that link IT performance metrics and business goals.”

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ZT: How to invest: Research and Valuation Process

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Originally from “old school value”, all the credits belong to original author.

Here is the process I follow which is rooted in the Graham and Dodd approach:

Search

I usually scan for ideas reading print media such as the Wall Street Journal, Barrons, and websites such as Google Finance and blogs looking at 52-wk lows lists looking for headlines that just spell “bad news” and articles that may lead to ideas with catalysts, event driven ideas and sometimes macro-event driven ideas.

I’ll use screens if I don’t find anything in the headlines. If something peeks my interest a bit, I’ll try to gather more news and get an idea as to what is happening with the company, look at historical highlights, pull some efficiency, liquidity ratios and some basic numbers to look for consistency and I’ll think about the risks to the current situation a company is in and decide if I could potentially profit off the situation.

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The truth of dollar cost averaging

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I was talking with a financial assistant on investment, and he is trying to invite to for a long term investment plan which applies regular saving plan (RSP). RSP is actually a form of dollar cost averaging where the client deposits a fix amount of the investment into a long term instrument. Usually it is EFT or funds for 20 years.

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ZT: Purchasing Property With No Money Down: My Personal Experience

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From CreateWealth8888

puzzlebird: I have attended similar courses on this. The idea is enlightening, but there’s significant risk investors need to manage carefully to suit everyone’s risk appetite. The learning will be much better when investing on the property for self usage.

Have you ever seen those infomercials about buying houses with “No Money Down?” They are really well done. They have all kinds of people offering great testimonials about how they have gotten rich, buying rental properties, with absolutely no money out of their pocket. You see this guy, standing on a street corner, talking to someone, and he says, “I own that one,” pointing to a beautiful colonial. “I also own that one next to it, and the one two doors down, and I’ll be closing on the one directly across the street from it, next week.” He then assures us that he has purchased 17 homes in the last eight or ten months, with zero money down on the properties. Plus, in many cases he’s also paid no closing costs.

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What is Strategy?

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I was involved in developing the mobility strategy for the organization and will present to CIO in the coming weeks. Strategy looks like a holistic plan of actions to achieve the set goal, but it covers more study to make sure it matches the stakeholder’s interests.

Below is the detailed explanation of “What is strategy”. Excerpted from Tut2u.

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Real advice from CIOs

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This week is the regional enterprise IT service meeting in Singapore. All the key service managers in APJ gathered, together with CIOs in each key affiliate such as Japan, China and Singapore.

During the meeting, the CIOs shared key experiences on how to engage business users and transformation IT from “service provider” to “strategic partner”. It is really enlightening to learn from them.

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ZT: Trade Forex in multiple time frames

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Original article is from here.

Many people use just one time frame to trade the forex markets, and if they are profitable then fair enough. However if you want to be a profitable trader, it generally makes sense to use two or more time frames when making trading decisions.

This is because if you’re basing your entries and exits on just one time frame, you’re oblivious to the wider trend and you therefore risk trading against this longer term trend, which is never a good idea. For example, if the 4 hour chart and the 1 hour chart of a particular currency pair are in a strong bullish trend, then it’s probably not a good idea to be looking for possible shorts on the 15 minute chart.

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