Wednesday, October 28, 2020

Endless Zoom Meetings




Some online meetings just drag on and on...   Happy Halloween 2020!

© 2020 Praveen Puri

Praveen Puri is the expert in Strategic Simplicity® who advises on IT and business simplification. Please visit PuriConsulting.com.

Tuesday, October 27, 2020

Praveen's Stepping Stone Model





Big, audacious goals and complex projects can seem overwhelming, cause procrastination, and trigger resistance.

The key is that, while we want to dream big, we can implement small (and iterate).

Projects and initiatives can be broken down into phases and chunks (which can be further broken down into micro projects).

The advantages of stringing together stepping stones are: quick wins, less paralysis, and more flexibility to pivot (which is important into today's rapidly changing environment).

© 2020 Praveen Puri

Praveen Puri is the expert in Strategic Simplicity® who advises on IT and business simplification. Please visit PuriConsulting.com.

Monday, October 26, 2020

"Stock Trading Riches" Return Through 2019

It's now been 15 years since I've invested my portfolio according to the system in my book Stock Trading Riches.

Here is the cumulative 15-year return (Source for S&P500 returns):

Year, Me, S&P 500  

2005, 13%, 4.91%  

2006, 14%, 15.79%  

2007, 22%, 5.49%  

2008, (40%), (37%)  

2009, 44%, 26.46%  

2010, 22%, 15.06%  

2011, (5%), 2.11%  

2012, 13.3%, 16%  

2013, 23%, 32.39%  

2014, 13%, 13.69%  

2015, 1.49%, 1.38%  

2016, 20.88%, 11.96%  

2017, 26%, 21.83% 

2018, 8.31%, (4.38%)

2019, 30.31%, 31.49%


My portfolio had a cumulative 15 year return of +438% vs. +261% for the S&P 500.  
That translates into a 15 year average annual return of 10.35% vs. 6.61% 

© 2020 Praveen Puri

Saturday, October 24, 2020

Software Security Vulnerabilities in Unused Code



I work with a lot of clients to make sure their project managers, software architects, developers, analysts, and stakeholders are all on the same page—aligned on the business value of new projects.

Not practicing Strategic Simplicity®, and maximizing value while minimizing waste, can really weigh down technical organizations, and reduce resources for competitive innovation.

Sure, developing the wrong / un-needed features negatively impacts project completion, but delivering the project is the tip of the iceberg: the real pain of badly scoped software becomes apparent once it goes into production.

Not only can badly designed software cause customer service issues, but they can unnecessarily compromise security, and make the whole company vulnerable to hackers.

I've seen software applications regularly fail security audits due to code vulnerabilities in features that are never used.  Even if the features are disabled from the menu, the code is still mixed in and will continue to get flagged.



© 2020 Praveen Puri

Praveen Puri is the expert in Strategic Simplicity® who advises on IT and business simplification. Please visit PuriConsulting.com.

Friday, October 16, 2020

Covid Airline Innovation

Yesterday, I read an article in the Chicago Tribune that I found interesting: Finnair is going to start selling their business class airplane meals (like reindeer meatballs and arctic char) in supermarkets.  They want to appeal to people who are missing the flying experience, as well as keep their catering staff employed.

© 2020 Praveen Puri

Wednesday, October 7, 2020

Puntastic

After the cow jumped over the moon, the other cows said "That's udderly ridiculous!" and refused to jump.

They were grounded beef.

© 2020 Praveen Puri

Monday, October 5, 2020

UK GOVERNMENT "LOST" 16K COVID CASES

Here is "IT Mastery" at work:

The UK government lost 16,000 Covid cases because it was tracking cases in an Excel spreadsheet (as opposed to a database) but apparently didn't know how to use a spreadsheet. Instead of adding a new row for each case, they were adding a new column.

An Excel spreadsheet has a limit of 16,384 columns, but they didn't realize right away that they ran out of space, and kept adding cases—which are now lost.

https://boingboing.net/2020/10/05/uk-government-lost-16k-covid-cases-because-it-used-excel-to-track-them-but-doesnt-know-how-to-excel.html

© 2020 Praveen Puri