The art of setting goals
Not long ago, we talked about the importance of measuring what really matters, to avoid taking measures of irrelevant issues, […]
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IT is part of the business, keep IT simple
Category: Leadership
Measuring what matters
Measurement alone is not enough; it is important to understand how to measure, what to measure and, above all, how to interpret and act on those measured data, otherwise we may even obtain a result contrary to the intended one.
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Lock-in. Why not?
In our day-to-day searching for solutions to optimize operations, improve efficiency, reduce costs, and keep our customers happy, we find […]
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Thinking as a whole
We often think only about our job (“I am my position”) and have little sense of responsibility for the overall results when all the parts interact. This can lead to suboptimal solutions.
Systems thinking allows us to understand how the different parts of a system interact with each other, rather than analyzing the components in isolation.
Simplifying reasoning
Apart from the well-known Occam’s razor, there are many other laws or principles that can help us understand how a situation has been arrived at, why someone reasons the way he or she does, or what to expect in the face of certain events. Here we review some of them.
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Wardley Maps
Among the strategy analysis tools, we find Wardley Maps, which are not very widespread but simple to use and very […]
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Risk Appetite
A few days ago I was discussing with a colleague the concept of “risk appetite” and how, depending on it, […]
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Sunk cost fallacy
Sunk cost is an economic concept that refers to costs that have already been incurred and cannot be recovered. These […]
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Hawthorne Effect
The first time I heard about the Hawthorne effect was during my engineering studies. Although it is an effect that […]
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What if…?
“What if” scenarios are tools used in planning and analysis to help organizations anticipate and prepare for possible futures. These […]
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