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What is technical debt? Technical debt is the cost accrued over time from technology implementation decisions that emphasize expediency over long-term quality and maintenance. Why is technical debt important? So, is technical debt bad? The question misses the point of its importance.
The company, with bases in both Austin and Australia, was started in 2009 and facilitates exits for millions of online business owners, some that operate on e-commerce marketplaces, blogs, SaaS and apps, the newest data integration being for Shopify, Blake Hutchison, CEO of Flippa, told TechCrunch.
I can’t even begin to count the number of times I watched people miss great opportunities due to a poor sense of timing. I’ve observed the risk adverse take duediligence one step too far, the greedy negotiate too long, the impulsive jump the gun, and the plodders move to slow.
Imagine navigating a rapidly changing landscape, where technology seems to evolve at the speed of light and the pressure to keep up is relentless — this is the reality for today’s CIO. Future proofing technology investments has become a critical imperative for organizations seeking to maintain their competitive edge.
However in reflecting upon my presentations and client engagements, I’ve noticed that it’s not an infrequent occurrence to find that even the most savvy executives misconstrue certain basic leadership ideas. Therefore, I’ve concluded it’s time to take a step back and review the fundamentals.
While the gender gap in other areas (such as the number of women entering tech in general) may be on the right path, this disparity in funding seems to be stagnant. This should come as no surprise, given that fintech combines two sectors traditionally dominated by men: finance and technology. of total investment dollars.
FACT : Leaders who lack emotional control won’t remain in a position of leadership for long. FACT : Leaders who lack emotional control won’t remain in a position of leadership for long. And, emotional intelligence has been linked to successful leadership (just did a paper on this for a university class).
While this sounds simple enough at face value, I have consistently found that one of the most often overlooked leadership attributes is that of a positive attitude. Show me a CEO with a bad attitude and I’ll show you a poor leader. ” Show me a CEO with a bad attitude and I’ll show you a poor leader.
If you’re looking to benchmark your leadership ability the following self examination will give you a baseline to build from. If you check your ego at the door and give a thoughtful, introspective evaluation of your ability, it is likely that you’ll learn something about your leadership abilities or lack thereof.
I really appreciate Pete’s insights into the necessity of self-leadership and his honesty in admitting that this is his own area of struggle. His hard work and diligence is evident in both his commitment and the success of his ministry. Thanks so much for your comment Bridget.
After reviewing all the comments, I decided to talk on how to lead effectively when dealing with the collision of cross generational cultures within an organizational setting. Registration for this free online event will not only give you access to my video, but also presentations featuring some of today’s leading influencers.
The articles should have been written on the topic of poor leadership. Toxic work environments can only exist where a lack of trust and respect are present, and this can only occur in the absence of sound leadership.
“We haven’t changed our forecast in three quarters,” he says, noting that the US gross domestic product (GDP) is, technically, already in recession territory and has been for the past six months. That’s certainly the case in the corporate technology group at Illinois Tool Works (ITW), a $14.5
Posted on July 20th, 2010 by admin in Leadership By Mike Myatt , Chief Strategy Officer, N2growth Leaders: born or made? Both – some people are born with innate qualities that predispose them to being leaders, and other people while not naturally gifted with leadership ability can acquire it. So, what’s the answer?
While hubris can be a needed trait to call upon at times, to rely solely upon it as the foundation of your leadership style just doesn’t work. While arrogance is a display of inferiority complex and sometime for most the men its the little boy within us threatening our confidence due to childhood experience. I think not.
professing leadership acumen and expertise that it can be tough to distinguish between the posers and the players. professing leadership acumen and expertise that it can be tough to distinguish between the posers and the players. Maxwell ( @johncmaxwell ).
In the aughts, Tiger Global participated in just 30 deals, according to The Generalist , a newsletter on topics around tech and crypto. However, Tiger Global limited its activity in Africa from 2009 to 2014. Wakanow underwent financial struggles and was in a midlife crisis before new leadership came to turn the tides.
Let me be clear: leadership and diversity should have nothing to do with one another. This blog was recently nominated for Kevin Eikenberry’s Best Leadership Blogs of 2010 , and I noticed recently that Kevin was taking heat from the gender police for having only one woman on the list of nominees.
Smart leaders will do everything in their power to keep a decreae in velocity from becoming a self imposed adversary due to a lack of contingency planning. My final suggestion is that you take the time to review all mission critical plans to insure that the proper contingency plans have been put into place.
The short answer is yes…There are in fact a great number of tests that can quickly assess leadership ability. Something as simple as a 360 Review, or as complex as a deep psychological profile (both with weighted emphasis on leadership aptitude) can point out an individual’s leadership capabilities.
When I first posed this question to a group of women executives who have joined to attend our “ WELL: Women Executive Leadership Learning ” program in March, they stayed traditional, talking about what they thought the men in the dark suits would find of interest. Bold Leadership There are so many words to describe leadership and almost.
John Maxwell — author of the book The 21 Irrefutable Laws of Leadership — does a masterful job of explaining the leadership principle of influence through the five myths about leadership: The Management Myth: Management focuses on maintaining systems and processes.
Professionals must be just as diligent in their management of future appearances and impressions. You should manage appearances on creating a feeling of comfort and engendering confidence…not on trying to impress. I am a huge proponent of being consistent and having a high degree of continuity of impressions/appearances.
In fact, there are some very bright people who believe you cannot become a good leader without developing a mastery for using the word no as evidenced by the following quote from Tony Blair: “The art of leadership is saying no , not saying yes.” While inherently obvious, it should not go unnoticed that the use of the word no is 100% negative.
Posted on January 21st, 2011 by admin in Leadership , Miscellaneous , Operations & Strategy By Mike Myatt , Chief Strategy Officer, N2growth Entrepreneur, CEO or Both? Which hat, or hats do you wear? CEO…that title sounds good doesn’t it? Priority number two is team building and talent management.
A person could either take several minutes to explain the evolution of technologies, mediums, shift in content paradigms, engagement practices and market dynamics that came together to make the Internet a more valuable and efficient space, or they could just utilize &# social media&# as a descriptive aid to make the connection.
Negative Brand Impact : If it isn’t bad enough already, a lost account can easily have a negative impact on future sales due to spreading the news of their bad experience with your company. Much like you have performance reviews for your employees you should conduct an analysis of how your customers are performing.
During the 2008–2009 Global Financial Crisis (GFC) and subsequent recession, researchers noted that cybercrime rates increased dramatically. It attributed the rise to the proliferation of new technologies in regions around the world, with many more people than ever before possessing IT skills.
I can say this has happened to me due to my own selfish ambition and lack of experience. Only the mature and those who have a measure of success truly learn the niche to proper branding. Most of us have mismanaged ourselves and have become victims of our own undoings.
Whether it is aesthetic, functional, creative, process, innovative, intellectual, technical or applicational…design matters. The iPod pioneered innovative design in the mp3 player vertical with great technical design, outstanding functional design, and is in a class by itself with regard to aesthetic design.
Video review of Andrew McAfee’s “Enterprise 2.0″ Video review of Andrew McAfee’s “Enterprise 2.0?: Alcatel Offers to Streamline Mobile App Creation - CIO.com - Business TechnologyLeadership. McKinsey Perspectives on Business Technology: What's keeping CIOs up at night?
This means a monthly letter from our CEO to explain our monthly financial results (in broad terms as we are a private company), talk about the investments we are making, competitive threats, opportunities, and a review of all key metrics – a kind of monthly update on state of business. Happy Holidays.
Eric Hoffer Leadership and learning are indispensable to each other. — The Product Management Perspective: Technology continues to evolve ever more rapidly. Great leaders are learners. They read voraciously. They write and teach what they learn. Learning is as much a part of their life as eating.
Great observations Keith… [link] mikemyatt Thanks Scott – for those of you not familiar with Scott, he is absolutely a big advocate of reading as evidenced by the 2nd edition of his book, "The Next Level: What Insiders Know About Executive Success" which is due out next month.
Too many leaders expect to learn about their business and consumers simply by reviewing data. You engage your employees through leadership, coaching and training. Another key factor from your post was how successful leaders experience their products and service from the consumer point of view. Excellent points one and all.
This is a simple aspect of what we do in the WELL program (Women Executive Leadership Learning) that will take place for two days March 2 and 3 at our retreat center in Pennsylvania. Related posts: Leadership Strategies: Are You a Davos Woman? Eat more of this, less of that. This post was mentioned on Twitter by Sylvia Lafair, Ph.D,
Over the years I’ve come to believe that there is only one sure fire litmus test for measuring leadership success, and to the chagrin of many reading this post, it has little to do with what happens on the job. Being a leader at home requires a different set of learnable competencies.
Right now I am researching the first section of my new book “Dipping in the WELL: Women Executive Leadership Learning”. Related posts: Leadership and a Cup of Tea The next six weeks of winter are the challenging ones. Leadership Partnership and Business Possibilities Clearing out the old to make way for the new.
Best, Leadership Freak, Dan Rockell pastortom2022 Hello Mike, another great post and this one, like others you write, makes us think. Dan [link] Liz Strauss Mike, You're always pointing to game changing ideas and true insights into how leadership can affect growth. It only makes your current game better.
If you are into technology and government and want to find ways to enhance your ability to serve big missions you need to be at this event, 25 Feb at the Hilton McLean Tysons Corner. Engaging the Hadoop Developer — Deep-dive with industry experts into the key projects, technology, and emerging trends driving the enterprise adoption of Hadoop.
They focus on this marketing campaign or that new technology, and lose track of what’s most important. If you are in a leadership position in product management, take time to evaluate your team and make sure they are focusing on these key practices that will lead to profitable products. Know what works.
Related posts: 5 Lessons I’ve Learned about Leadership The economic waves have settled a bit and my company. Women Leadership and Mad Men Some revolutions are bloody, and some are flash-in-the-pan moments. Did you wake up eager and ready for the learning and relationship challenges that were there each day?
This worldwide, community-based technical conference series has been organized by local volunteers since 2009. Mental health isn’t a highly discussed topic in the tech world, but if you’re pushing past the point of extreme, it’s suddenly all that matters. A woman working in the tech world will encounter many challenges.
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