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2011年6月13日 星期一

Stakeholder Analysis and Mapping - 3 Key Questions to Ask in How to Manage Expectations in a Change


Failure reasons in change management are many and varied. But one thing is painfully clear. Any organisational initiative that creates change - or has a significant change element to it - has a 70% chance of not achieving what was originally envisaged.

The root cause of all this failure is lack of clarity and a lack of communication - and even more fundamentally - the lack of a language and contextual framework to articulate and manage the necessary processes of change.

This is what a Programme Management based approach to change is all about and why it so important. One important aspect of programme management is "Stakeholder Analysis and Mapping" and this is all about, in other words: "Who is this step change going to affect and how are they going to react, and what do we have to do to support them?".

How well you listen to and respond to ALL of your stakeholders' issues - and are seen to be doing so - is a significant measure of the effectiveness of your management of these relationships.

Leadership skills make a big difference to successfully managing stakeholder relationships. This is where the management of expectations matters. Here are 3 key questions to address in managing expectations in a change initiative, and specifically in relation to your employees.

1. Do your people really know what is expected of them?

Do your people know how to translate the high level vision and strategy into actionable steps? People are very different in the ways they process information, interpret life, and in the ways they are motivated. Many (probably most) of them are not able to make the leap from hearing and understanding your vision and strategy to translating that into purposeful productive action. This does not mean that they don't understand it, or agree with it, but it does simply mean that the leap is too great for most people to make - without your practical assistance.

2. Do they know what they can expect from you?

It is extremely important to that they know that you will work with them in "grinding out" in practical, manageable detail what the high level strategy, vision, values things actually mean for them as the "troops" in action.

3. Do they know what is expected of each other?

They also need to know what these actionable steps mean for them in terms of what they can and should expect from each other.

Of all strategies for managing change - the programme management based approach is the most likely to ensure that you avoid the staggering and needless 70% failure rate, as [amongst other things] it it will get you to focus on the critical issue of the human impacts of your change initiative.








For more on this: " Stakeholder analysis and mapping "

I invite you to take advantage of this FREE download: Starting the Change Process "

Find out the 3 main reasons for the 70% failure rate of all step change initiatives and how to avoid it. This FREE 29 page document offers a brief introduction to some of the key themes and key points that you need to consider in starting the change process.

Stephen Warrilow, based in Bristol, works with companies across the UK providing specialist support to directors delivery significant change initiatives. Stephen has 25 years cross sector experience with 100+ companies in mid range corporate, larger SME and corporate environments.


2011年6月12日 星期日

How Six Sigma and Failure Mode and Effects Analysis Create A More Productive Business Environment


While it isn't possible to prevent every problem from occurring, it is possible to put a damper on many of them in order to eliminate the presence of unwanted issues that could potentially slow down your business' productivity. Six Sigma provides many very useful tools for doing just that. One that is frequently used in various aspects of an organization is failure mode and effects analysis otherwise known as FMEA.

FMEA is used to diagnose potential problems and find solutions before they really have an opportunity to develop. This saves organizational leaders a lot of time and money in the long run and translates into more time for normal business operations that will increase the overall level of productivity. This, in turn will increase profits which is the true aim of any corporation.

Six Sigma and FMEA are used in large organizations throughout the world and have become value tools on many levels of business. Results have shown these tools to be very successful and companies have reported their productivity levels are on the rise as a result of utilizing them.

A well documented FMEA that contains robust action plans will help companies gain a better foothold on various issues in all aspects of the company. The Implementation of these plans is what helps organizations avoid the reworking of various projects. This saves a considerable amount of time and money because the information is there that enables them to be successful the first time around.

FMEA can also be used to minimize risks. It can be applied in various services to help companies avoid certain actions that could pose problems later on in a particular project. This is one of the greatest advantages of using FMEA and Six Sigma together. There is always risk involved in every business, so the more organizations are able to eliminate these risks, the more successful they will be all around. This, of course, will spell out larger profits due to a more productive atmosphere in the end.








Aveta Solutions - Six Sigma Online ( http://www.sixsigmaonline.org ) offers online six sigma training and certification classes for lean six sigma, black belts, green belts, and yellow belts.


2011年6月11日 星期六

How Performing a DFMEA (Design Failure Mode and Effect Analysis) Works With Six Sigma


Within the Six Sigma hierarchy are trained and certified professionals that are known a Master, Black or Green Belts, among others, depending on their expertise. They are the people that make changes to existing design and who also create detailed plans for new design that thoroughly address all possible faults and solutions to those faults. This is where DFMEA (Design Failure Mode and Effect Analysis) comes in.

The current plans are thoroughly dissected right down to the separate components. Each component is considered as to whether or not it will fail, what the chances are that it will fail, and what to do if it does fail. A plan is put into place for every possible failure that is forecast.

Every failure and recovery plan is than documented thoroughly, given a number that represents the severity of risks that it poses then is followed by the solution. Every fault has a plan that will be put into motion should the event arise. Every person on the Six Sigma team is given a portion of that plan that they are responsible to implement. In this way, there are no unexpected problems that could happen, and when a problem happens, there is already somebody in charge to put it to rights.

A careful and thorough analysis can not only protect the consumer, but it protects the business as well. Since this is completed before any part of the manufacturing process is begun, or before the service is offered, a business can determine if it is going to be a cost effective endeavor. It is well worth the time and expense to put together a Six Sigma plan using DFMEA and in the long run, it could save millions of dollars for the business that is considering the project.








Aveta Solutions - Six Sigma Online ( http://www.sixsigmaonline.org ) offers online six sigma training and certification classes for lean six sigma, black belts, green belts, and yellow belts.


Voltage Failure Modes


Question from a reader: "Hi Dan, What is the failure mode for Lithium Polymer batteries? I understand that Nickel Cadmium batteries fail as a short circuit usually. Therefore, a pack of NiCads will continue to operate with a shorted cell but with a voltage that is one cell lower. Do LiPo's fail...resulting in the loss of the entire pack? Thanks

Answer:

First of all the reference to a "failure mode" is not necessarily a singular event. It is in effect a catch-all phrase representing potential problems. I wrote a 3-part article series on the concept of Battery Failure Mode and Effects Analysis so for more detail please see my blog. But at the core of the concept failure modes in general are not new but a phenomenon in manufacturing quality assurance analysis (this phenomenon could also be applied to other industries).

Specific to the readers questions on lithium polymer batteries there could be a number of "failure mode(s)" and sub-failure modes related to the manufacturing and personal usage of a battery including Li-Po chemistry based cells. For example:


Batteries can have faulty cell design

Batteries can be manufactured under uncontrolled processes

Batteries can be operated in uncontrolled conditions

Batteries can be abused

Batteries can degrade and lose power

Heat and water for example are not good for any battery. But it is surprising to me how many people use their battery and device in both and of course that represents several potential failure modes. An example is when one of our customers several years ago always took his iPod mini into the sauna at his gym. Well that is not the best place for a battery or device. Eventually his battery "died" and so did the device (batteries technically do not die, but, they do degrade to the point where they will not transfer electrons from an electrical source to the internal chemical, for the required electrochemical energy change necessary recreate electricity for a device). That is a bad failure mode brought about be a user.

Another example is when there are metallic electrode shavings evident in the batteries electrolyte. When current is running from one electrode to another through the electrolyte the shavings cause any battery to short circuit. The short circuiting could result in the battery smoking, bubbling or stopping. That is an example of bad manufacturing and of course a failure effect. Another example of a failure mode is when you open the battery casing. If you open the casing once it is sealed hermeneutically then you run the big risk of causing a failure mode to occur.

In any event - any failure mode will cause a battery to either operate at a lower performance than originally designed or stop working period. One interesting side note is that devices can operate with a battery that is at a lower voltage (but not higher voltage) as the device originally manufactured. The reason is because a battery's voltage is not necessarily a static measurement.

Volts - or V - are an electrical measure of energy potential. Voltage can also be thought of as the amount of "pressure" of electrons that pass from a negative connector to a positive connector. Or V can be defined as the measure of the strength of an electrical source of power for a given current level.

Voltage can also be defined as the Electrical Potential difference - a quantity in physics related to the amount of energy that would be required to move an object from one place to another against various types of force. In the fields of electronics the electrical potential difference is the amount of work per charge needed to move electric charge from the second point to the first, or equivalently, the amount of work that unit charge flowing from the first point to the second can perform.

Mathematically voltage is commonly measured by V= I x R; where V=Voltage, I=Current, R=Resistance.

Beyond the definition what challenges many is the confusion that a battery contains four unique types of voltage measurements.

Each of the following voltage measurements can be taken from a battery:

Float Voltage - is battery voltage at zero current (with battery disconnected).
Nominal Voltage - is battery voltage range 3.7V, 5.2V, 10.2V, 12V etc that says that a voltage range exists depending on the number of cells in the battery. For example a 12 Volt battery is made of 6 cells and has a Float voltage of about 12V.

Charge Voltage - The voltage of a battery while charging.

Discharge Voltage - The voltage of a battery while discharging. Again, this voltage is determined by the charge state and the current flowing in the battery.

So yes a battery with a drop in voltage will continue to operate but not necessarily at a level that will power the intended device.








? Dan Hagopian
You have permission to publish this article electronically or in print, free of charge, as long as the bylines are included with link. Dan Hagopian of http://www.batteryship.com has been writing about consumer electronics since 1996. Dan has a personal passion for understanding how electronic devices can be powered, for learning about various types of battery devices and their internal systems, as well as the interaction of batteries with interfacing systems, and finally about the internal control mechanisms of batteries. Dan writes on battery power related devices for mobile computing and portable power. Dan writes about this technology extensively and his work can be found at http://www.batteryeducation.com


2011年6月10日 星期五

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2011年6月9日 星期四

Motor Oil Analysis Testing on the Cheap - The Blotter Spot Test


It is often difficult to know for certain just how long your oil could last before needing a change. The type of car you drive, the size of the engine, the age of the engine, the type of driving that you do and the type of oil that is in your crankcase will ALL have a significant effect on oil longevity.

Of course, quick lubes will continue to tell you that 3,000 mile changes are a necessity, and, for SOME people, this may be true. However, for the vast majority of us, this hasn't been necessary for a good many years. Unfortunately, determining just HOW LONG is ok can be difficult.

Enter Oil Analysis

The best way to establish realistic oil change intervals is via oil analysis. Those who have been professionally trained to test oil and who have expensive lab equipment at their disposal are certain most qualified to determine the quality of the used oil sitting in your vehicle.

Such a thorough analysis of your oil can be cost prohibitive, though, since a professional oil analysis can often cost as much as a 5 quart petroleum oil change.

The Result - We Don't Do It

Of course, the result is that most folks won't pay for a "true" oil analysis - but they might be willing to perform a simple oil analysis themselves, if they knew how to do it. It won't give you detailed numbers as you'd get from a lab, but it can give you a fairly good idea of how well your oil is holding up, thus helping you decide whether it's time to make a change or not.

Below you'll find detailed instructions for 1 of 6 layman's oil analysis tests that you can use to determine how well your oil is holding up and whether it's ready for a change. In this way you can begin to set realistic oil change intervals for your vehicle.

Performing the Test

Using just this simple layman's oil analysis test can shed light on a wide range of potential oil problems which could require an oil change: excessive particulates, condensation build-up, glycol contamination, fuel dilution, failure of dispersant additives, formation of sludge and oxidation products. It is probably one of the most useful DIY oil analysis tests you can perform, and it's drop dead simple.

While your engine (and the oil) is WARM (not HOT), allow a drop of oil to fall from your dipstick onto a heavy, white, NON-glossy business card. Lay the paper or business card flat, but so that all but the very edges of the paper is suspended. As a possible example, if you're using stiff card stock or a stiff business card (which you really should be) simply set the card across the top of a cup or mug of some sort.

You want to wait for the paper or card to absorb the oil drop completely which might take awhile. The list of characteristics below should help you evaluate the condition of your oil based on the DRY oil spot.


If your oil is still good for continued use, the dry oil spot will be uniform in color without any especially dark areas or rings. There may be a slightly yellow outer ring.

If your dispersant additives are failing, you'll likely see a very dense and quite dark area, normally within the center of the circle. Consider changing your oil soon, especially if any other issues come up in the course of "testing".

Glycol (antifreeze) in your oil? Expect to see a very black and somewhat "pasty" zone within the oil spot. Change your oil very soon.

If the circle is really dark throughout and has a very distinct outer ring, your oil is severely oxidized and needs to be changed immediately.

If the center of the circle is quite dark and there are outer rings you may likely have fuel in your oil. This does not necessarily mean that you need to change your oil since it is common to have fuel in your oil, but it could if the level is too high. Only a professional analysis will tell you how high those levels are.








***

Would it help you to know more about cheapskate oil testing, how you can compare and contrast motor oils, how synthetics CAN and sometimes CANNOT be good options, how to compare the efficiency of various oil filters and much more? Take a look at The Motor Oil Evaluator or head over and check out my Motor Oil Bible ebook.


Certification in Business Analysis (CBAP)


What is Business Analysis?

Business Analysis is a discipline of understanding an organization, identifying business needs and recommending solutions to meet those needs. It involves understanding how organizations function, who the key stakeholders are and what their relationships are. Business needs stem from customer request, a problem or an issue, a strategic initiative or a market opportunity. A person who performs Business Analysis is called a Business Analyst or a BA. This skill is used very heavily in building systems or software for automation of business operations. As a result, there are various roles like IT Business Analysts, Systems Analysts, etc who perform BA activities.

One of the major causes for project failure is poor quality of business requirements. A BA needs to understand the requirements, document, communicate and get stakeholder agreement; then work with the solution team and validate that the proposed solution will indeed meet the requirements. In order to perform his/her role effectively, a BA needs to have various competencies like facilitation skills, communication skills, leadership and critical thinking, expertise in software applications.

IIBA and BABOK

International Institute of Business Analysis (IIBA) was founded in 2003 to serve the field of Business Analysis. It is a not for profit professional organization. Currently, they have 100 chapters and over 12,000 members. One of the major contributions of the organization is Business Analysis Body of Knowledge (BABOK), a globally recognized standard for the practice of Business Analysis. BABOK describes knowledge areas, tasks, inputs, outputs, techniques and skills required for effective analysis. BABOK 2.0 is the most current version.

CBAP

IIBA has also created CBAP (Certified Business Analysis Professional) designation to recognize experienced professionals. In order to certify, BAs need to meet certain prerequisites, submit a detailed application, and prepare for the certification test based on BABOK and pass in the test.

Why Certify?

In the competitive environment and tough job market of today, a professional certification distinguishes an individual from a pile of other candidates and shows their higher credibility in terms of knowledge and experience. CBAP provides a similar advantage to Business Analysts. A BA with CBAP can establish credibility as a knowledgeable, skilled, experienced and competent professional with strong foundation of principles and practices. Certification can also help in career growth and recognition from the peers. It adds value to the individual as well as to the organization.

Requirements

These are the basic requirements to be eligible for CBAP


Minimum education requirement: High School
Professional Development requirement: 21 hours of professional development - It could be Business Analysis training, CBAP prep test, or any underlying skills like Facilitation, communication, etc.
Experience requirement: This is the most challenging requirement. A candidate must have at least 7500 hours of experience in Business Analysis activities over last 10 years. Out of that, at least 900 hours each should be in four of the six knowledge areas. Six knowledge areas in BABOK are

Business Analysis Planning and Monitoring
Elicitation
Requirements Management and Communication
Enterprise Analysis
Requirements Analysis
Solution Assessment and Validation

References: Two references to indicate that a candidate is suitable for CBAP.
If you are a BA, Systems Analyst, process analyst, enterprise analyst, or business architect, you should consider getting certified as CBAP in order to improve your market value.






Bina Mehta is a Senior Business Analyst certified as CBAP and PMP. For CBAP and PMP prep classes in SF bay area, she recommends http://www.ultimateinsuccess.com/


2011年6月8日 星期三

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2011年6月7日 星期二

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Computer Repair with Diagnostic Flowcharts: Troubleshooting PC Hardware Problems from Boot Failure to Poor Performance, Revised EditionThe updated edition of the classic visual manual for troubleshooting PC hardware problems. Morris Rosenthal creates a visual expert system for diagnosing component failure and identifying conflicts. The seventeen diagnostic flowcharts at the core of this book are intended for the intermediate to advanced hobbyist, or the beginning technician. Following a structured approach to troubleshooting hardware reduces the false diagnoses and parts wastage typical of the "swap 'till you drop" school of thought. Flowcharts include: Power Supply Failure, Video Failure, Video Performance, Motherboard, CPU, RAM Failure, Motherboard, CPU, RAM Performance, IDE Drive Failure, Hard Drive Boot and Performance, CD or DVD Playback, CD or DVD Recording Problem, Modem Failure, Modem Performance, Sound Failure, Sound and Game Controller Performance, Network Failure, Peripheral Failure, SCSI Failure and Conflict Resolution

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2011年6月5日 星期日

Change Management Presentations - Why Your Analysis is Not Hitting Home


Having sat through dozens of presentations containing data and analysis, it never ceases to amaze me when consultants leave the interpretation of the data to the client. The implications are often that the audience, the CEO or board of directors, draw the wrong conclusions. To avoid this problem, consultants should make sure they explain what every piece of data and analysis means, and then make a call to action.

Recently I had a problem with my home broadband. The engineer studied the problem and told me that the signal from the satellite was hitting the router at the wrong angle. My response was simply "what?" I didn't have a clue what this meant, the implications for me nor what I should do to solve the problem.

The same often happens when consultants, managers or engineers are explaining data or analysis.

Here's an example, I recently heard a consultant tell a CEO that her call centre had 40% failure demand. Then the consultant moved on to the next point. Thankfully for him the CEO stopped the presentation and asked him what he was talking about.

The consultant eventually explained that 40% of the incoming calls were caused due to a failure of the organisation to do the right thing for the client, i.e. call targets causing customer service agents to end the call before the customer got what they wanted, so they'd call back. The implications were poor service and increasing cost. The targets had to be stopped. Now he had her attention, and she knew what to do. They both win.

Something every consultant needs to know is how to interpret data for senior managers. This means that every piece of analysis or information should be presented in such a way that there is no question about what it means and what action should be taken as a result.

Here's a simple process for your next presentation to make sure that your analysis hits the mark.

1. Write out every separate piece of analysis intended for use on a 3X5 card

2. On the reverse of the card write down in one paragraph

a. What the analysis means

b. The implications of the analysis

c. What action should be taken.

Here's an example of how this works from a presentation I did recently to a prosecutors office:

"My analysis shows that only 10% of those found guilty of a crime ever pay their fine in full, this means that they know the system doesn't work. Additionally you are losing £5 million every quarter in uncollected fines. I recommend you experiment with different sentences instead of just handing out fines."

Making your data and analysis understood is important for your client's change programme and your reputation. Remember: if they don't get your message, you won't get their business.








If you'd like to learn more about how to structure presentations that contain data, analysis or technical information get the first four steps of my system free here: First Four Steps

Stuart Corrigan is the Managing Director of Vanguard (Scotland) Ltd, a consultancy firm specializing in change management and service improvement.


2011年6月4日 星期六

Process Failure Modes and Effects Analysis (PFMEA) From the Process Flow to Production


PFMEA is a tried and tested approach to critique risk. Its purpose is simple, to identify potential failures, their consequences, the seriousness of the consequences and the reasons why they happen. Control methods are considered in two ways:


The first being activities in place which reduce the likelihood of the reasons for failure happening. The second being activities which tell you when a failure has occurred and thus enabling you to do something about it.

The overall purpose is to establish where the high risk areas are based on the current situation and then take action to reduce the risks. The approach taken and the timing of the task are instrumental to achieve maximum payback. When used correctly it is one of the singly most powerful quality tools available to companies. Process FMEA used in isolation like this is very thorough, but a missed opportunity to reap the full intended benefits of the document.

PFMEA strategy

Process Flow Diagram

The starting point is not the PFMEA but defining the process in the process flow diagram. Care must be taken here to select the correct wording and level of resolution. The output of process flow diagram must then be synchronised with the input to the PFMEA so that you critique the correct aspects of the process for risk.

PFMEA

You now compile your PFMEA in terms of failure modes, effects, severity of effects, causes of failure, prevention controls, occurrence, detection controls and their ranking followed by priority. At this stage it is still important to have recommended actions to reduce risk. However you now need to bring the PFMEA to life through the practical deployment of the content of the PFMEA to production. Primary data being the prevention controls to avoid failure and the detection controls to detect failure at the various stages of the process as defined in the process flow.

Production documents

It is essential that the primary data contained within the PFMEA is displayed at the point of use in plain view to the person who needs to know and act on the data. Failure to do this simple but necessary task will result in a company being exposed to the latent risk of a loss of process control, often resulting in customer complaints. Deployment typically is through the use of visual instructions located where the task takes place, sometimes the data flow is via the control plan (automotive sector), although this does depend of sector specific requirements.

Key points for consideration are:


Sufficient resolution of the process steps in the process flow diagram. The data contained in the process flow diagram is synchronised to the functional requirements column on the PFMEA. PFMEA is a true reflection of the current situation, as a living document. The prevention and detection controls defined in the PFMEA are communicated to the person carrying out that particular step of the process at the location where the task is undertaken. Appropriate reaction planning is identified at the process step location to clearly identify what to do if a failure is identified.
Summary

This article is intended to provide an overview of the necessary linkage of the PFMEA to achieve maximum benefit to a business who are considering the utilisation of PFMEA for the first time or are existing practitioners but don't believe they are reaping the true benefits that PFMEA can deliver.








Roger Thorpe has been an FMEA facilitator and consultant for 13 years. Many of his customers being tier 1 automotive manufacturers. For more information on PFMEA construction from an expert visit his website: http://www.fmea.org.uk


Manufacturing Insights: Failure Mode Effects Analysis (FMEA) [VHS]

This video was produced in cooperation with Robert Bosch Corporation in Farmington Hills, Michigan. The program is an introduction to the quality methodology Failure Mode Effects Analysis (FMEA). As every new product is being designed, most manufacturing companies are developing FMEA documents to reduce the risk of product failures. In addition, quality standards like ISO9000 and QS9000 require an FMEA on all new products. To shorten development cycles, many different experts are involved in the design and testing phases of new products. After viewing this tape, every person on your design team will have a good understanding of the importance of risk reduction and how the FMEA will keep track of these responsibilities. This video was design to quickly bring all the team members up to speed on how the FMEA methods and procedures will impact them. Learning Objectives: A general understanding of why companies do FMEAs; What is the difference between a product and a! process risk?; What can companies do to minimize risks?; See how FMEA documents track responsibilities to reduce risks; How an FMEA is used within Robert Bosch Corporation.

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2011年6月3日 星期五

Why It Is Important to Perform Weaknesses Analysis


Every organization should perform a weaknesses analysis in order to let them keep track of their resources and weak points. By being aware of your weak points, you will have plenty of time to find solutions and resolve internal problems right away. Do you know why some companies meet their downfall in such a short span of time despite having performed every single sophisticated analysis that they could ever think of? That is because even though they conducted a weaknesses analysis, they never put enough attention to it. They only focused on the "weakness" that is relevant to their company's profitability. Still not clear?

Like man, no company is perfect. Each has its own flaws but what's important is to not only resolve those flaws, but use them as a stimulator of the organization to do better. When you conduct a weaknesses analysis, make sure that you won't be focusing on the profitability weakness alone. Even the smallest things, like department fights, a broken generator or the cries of the maintenance personnel should be heard and resolved. Remember that every tiny piece that composes an organization could spark and start a fire. That fire is failure.

Of course, not just because you conducted a weaknesses analysis necessarily mean that all your internal problems will be solved. Prioritization is the key. Rank what is the biggest weakness of the company and evaluate them one by one based on importance. Don't take me wrong, everything is important, but let us deny the fact that there are some things that cannot be resolved in one day. The point of a weaknesses analysis is to keep you aware of these flaws and weak points so that if ever in time you will get enough resources to resolve each, you will know which one should be given attention to first.

Now, I mentioned that you must try to turn these weaknesses as a drive to make you push through further which is the exact concept of weaknesses analysis. That is absolutely true. Imagine in real life where there was a wimpy kid that used to be teased so much when he was younger. Instead of dwelling into his weakness, he decided to hit the gym, participate in sports and eventually got himself healthy. Now, he is prepared to face the world as it is because he performed his own weaknesses analysis subconsciously. That is exactly what you need to do with your company. You think you lack some technological resources? Improve your service through manpower in order for you to attract more customers and clients. When you have enough budgets, invest into technological advancement. Weaknesses analysis is not developed to bring a company down, but to bring it up and give it the determination to strive better in order to fill its gaps.

Despite many ways to conduct weaknesses analysis, the most recommended one is through the use of the SWOT strategic planning tool. In SWOT, not only will you be able to evaluate your company's strengths, threats and opportunities, but it will also help you reflect on to your own weaknesses as a leader, as personnel or as a company in whole.








If you are interested in weaknesses analysis, check this web-site to learn more about swots analysis weaknesses.


2011年6月2日 星期四

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2011年6月1日 星期三

Fantastic Failure


Oh no! It's another one of those "F" words and there is definitely a negative connotation here. What does it mean to fail? Just what is failure?

The dictionary says that failure is an instance, person or thing that proves unsuccessful; a nonperformance of something due, required or expected.

We've set the mark, written the outline, followed a plan for achievement and it never happens. We call this failure.

Did you know that our brain doesn't recognize failure or success? It's true. Man has programmed and attached the ideas of good and bad to these concepts so we've learned how to think in regard to these terms.

The word failure is associated with and can call forth feelings such as disappointment, regret, shame, doom, loss, guilt, blame, anger, sadness, despair, etc. Are these feelings helpful? If they can motivate us to try again, the answer is yes.

However, some people will go to great strides to avoid and protect themselves from failure by taking the path of life with the fewest challenges. For them, the thought of experiencing failure and all its feelings is just too much. It's the old saying "nothing ventured, nothing gained" or lost.

Some people will dive in headfirst and be fearless, their determination outweighing all else. Should they fail to arrive at the expected result, they give up and seek to try something else. They try many things once, but fail each time. They never stop to learn why each project failed. They play that superficial blame game. The problem is if the expected result is never achieved, over time, a sense of hopelessness can become their housemate.

However, some people will look back at the completed process and offer analysis in the form of questions. They will seek to learn from the experience and apply that information to future attempts. They even offer this same analysis when they succeed in order to unlock and record the systems that proved successful.

These are the people that reach the plateau of success and achievement. They know hitting the mark on the first try may not be possible, but with as much preparation as possible, they go for it anyway. The hills and valleys of their path show many pieces of value and once the journey ends without the expected result, they decided to ask tough questions and shine light on the process.

Perhaps reeducation is needed on this word failure. Set backs and challenges are not necessarily failures. Remember this phrase: "Failure becomes knowledge when asked the right questions."

What are some of the questions we can ask that will change the meaning of failure in our endeavors?

1. What did we learn about this plan or process?

2. What lesson(s) can be seen?

3. How will we use this information in the future?

Turning failure into a learning experience or teaching moment is the surest way to stomp out the negative associations we have attached to the word.

Who starts out and wins the first time? Not everyone. Of those that do, who wins every time? Not many.

Each project has its own particular rules and regulations, its own distinct effect and will undoubtedly touch many aspects of the whole design we've set for our life. Missing the mark is merely a time to learn and prepare for the next deep end in which we decide to dive.

Let's throw out the aspects of disappointment and regret in relation to failure. Regardless of what we assign as a loss to the project, the information we need to succeed is tucked inside the completed process. We have merely to seek it out, unravel its mystery and make adjustments.

Let's release the stigma of fear or dread attached to failure. Let's embrace its arrival when it knocks on our door. Let's ask it to come in, enjoy dinner together and talk about the process over coffee. We'll find that failure's wisdom is revealing under the right atmosphere and mindset.

We all know, or know of someone who has tried once and failed. As a result, they have given up and voluntarily walked into the cage of existence they call their life until the end arrives. Their once bright twinkle has dulled and all but vanished simply because they could not get past the stigma they associated with the word failure.

Is this you? If so, change your mind and you'll change your life. Replace the meaning of the word failure today.

Failure will now mean a learning experience, a teaching moment that leads to success, a map of the short cut to where you want to be. It's another beneficial stage in the evolution of our journey here on earth.

Failure is now a worthwhile treasure of information that is helpful to our success. It's pertinent, relevant and sits waiting to be of service.

It's a choice to make this inquiry, but it's extremely important that we make it because herein lies the answer, the fix, the conclusion, the value or the idea. Herein lies the next piece of our journey. Which way will we take? Will it be stepping into the cage of existence or the road to success?

Failure is fantastic and will be one of our great teachers throughout life. Though our meeting may minimize through time based on our application of the wisdom imparted, failure will never cease to whisper its secrets when asked.








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2011年5月31日 星期二

Technical Analysis And Stock Trading For Indian Markets


I have been following stock markets since 2001, and since then I have been a follower of technical analysis which has the power to tell the future and of stock trends and obviously trend changing indications as well. In india there are three type of normal traders, One who is against technical analysis, second who is least bothered about technical and fundamentals and want trade in stock market on the basis of tips, third is the one who wants to follow/use technical analysis methods to take entry/exit in stock market.

I am always a follower of technical analysis and will always be, since it never fails, yes, it could fail only when your interpretational skills are wrong and I have this in mind that charts are never wrong.

If some trader says you that technical analysis is a complete failure or is useless, then these are those people who have failed to interpret the charts successfully, its just like a difference between an amateur doctor and a professional experienced doctor, you take your lung x-ray to both, the amateur doctor says that you don't have Tuberculosis, and the professional doctor says you do have it, where's the difference? its in the interpretational skills, doctor's wrong diagnosis on wrong interpretation can cause lot of problems!

The same thing is applied in charts = x-rays, I am trying to compare charts with x-rays because just like x-rays are a negative print of your body the same way charts are a print of any stock. You have to learn the interpretational skills in order to understand what is happening in the stock and what is expected to happen in near future, a trend reversal or a trend continuation?

Charts explain everything about the future and short term movements in the stock.

Technical analysis is a vast subject and people(traders,investors,amateurs) are slowly realising this science as a gateway to successful intra-day trading and yes, long term investing, using some technical analysis software and trying to figure out what is expected the next day on the basis of stock filtration technique using some in built parameters in the software.

One such software is Metquotes, which can be downloaded from [http://www.metquotes.com] and is developed by myself in vbasic .net, this software uses my scanning methods and generates reports on the basis of the filtration methods using the End of Day stock quotes which are also downloaded by this software from http://www.nseindia.com

This software does scanning only on EOD(End of day) data, it does'nt provide real time data, now you will ask a question that why is this software based on EOD instead of real time data? the answer is, its not required at all.

Many traders these days are buying real time feeds from vendors on the websites and paying them nearly 3000-5000 monthly only for the real time feeds, which are mostly compatible with METASTOCK PROFESSIONAL, an Equis product, available at http://www.equis.com

What I tell to my clients...is that you don't need real time feeds from these vendors, instead choose a good broker which can provide real time quotes in a trading terminal which can be very economical and you have to pay only one time fee, Rs200 or Rs500, thats it!

The trading terminals have real time quotes and the stock graphs can be seen in those terminals, the prices of stocks change every other second in that terminal.

I have used all trading terminals, the best currently which is available is Angel Anywhere, from angel broking, http://www.angeltrade.com

Their software is pretty good designed for professional technical analysts. You can see at a time 6-10 graphs easily on the terminal, plot all types of indicators on the graphs and you can have bar and candle graphs. I normally use candlesticks for analysis so by default when I login into Angel Anywhere software, all the settings are loaded, which obviously I saved from last login.

My trading method for intra-day is, by scanning EOD data from METQUOTES, i choose the best stocks on the basis of volume and price breakout, then I do analysis of charts of the chosen stocks in METASTOCK PROFESSIONAL, and calculate the resistance and support levels.

The next day I track the same stocks and take buy/short sell positions in those stocks.

This looks pretty easy but requires lot of hard work, the phrase EASY MONEY, doesn't exist in the technical analysis field.

The main system which reduces my technical analysis time is METQUOTES, since it scans the break out stocks, and filters the laggards.

Metquotes is at [http://www.metquotes.com]

That is all for now!








This article is written by Mohit Thapar, technical analyst and trader in stock market who is managing his website bookprofit.com and are his views and any decisions taken by any reader of this article after reading it, in stock market then the reader is solely responsible for his/her actions. Stock market is a very volatile place to invest your hard earned money, and you might incur losses if you don’t follow some rules, or you should hire either a technical analyst or financial analyst to manage your money. If you are interested to post this article on your site, then please don’t delete this disclaimer and give a link back to http://www.bookprofit.com Bookprofit is a registered trade mark. Bookprofit is registered.

Mohit Thapar is a technical analyst and webmaster for http://www.bookprofit.com He also conducts technical analysis training for 3 days on weekends, in New Delhi, India. He gives free technical analysis support to all traders for 1 month after successful completion of a 3 day workshop.

[http://www.metquotes.com] is managed by bookprofit.com


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2011年5月30日 星期一

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2011年5月28日 星期六

Analysis Paralysis - The Enemy of Your Success


You have probably heard of this phrase before. What is it and do you have it?

In my opinion Analysis Paralysis is the biggest enemy of the poor and the major obstacle to actually making money online or off. There are other big obstacles like excuses or lack of education, but these fall far behind Analysis Paralysis. This one "disease" affects a lot of people and most likely you are infected with it, too.

What is Analysis Paralysis?

Analysis Paralysis is the condition of over-thinking a course of action to the point you actually never take action. It's when you try to think of all of the reasons you might fail, and allow those reasons to paralyze you from taking positive action. You actually over-analyze to the point where succeeding is overshadowed by these negative thoughts.

Properly thinking about and preparing for possible pitfalls BEFORE taking action is a good thing. It is always good to think about the costs and the risks of a course of action before you act so as to minimize those costs. As I said, this is a good thing.

However, what most people do, even when they are given detailed, step-by-step instructions, is over-think and over-analyze the goal they are trying to reach and they become overwhelmed by the weight of just thinking about it. After so much thought, they just give up and never take action towards their goal.

What I have discovered in business and in other important matters of life is that some things can't be learned by just thinking about it. A lot of learning comes by actually doing it.

For example, if a young boy wants to become a professional quarterback when he is older, he could study or go to a science class and learn about the physics of velocity, trajectory, lift and gravity in order to throw the perfect football pass. He may even get a high grade on his physics exam. But this way of learning can only take him so far. Somewhere along the line he has to get on that football field and actually throw the ball to learn how to throw the perfect pass.

"There's learning by theory but there is a greater learning by doing."

What Analysis Paralysis does is have that young boy sitting on the sidelines of the football field, watching the other boys playing the game while he sits there and THINKS about the physics of the football rather than actually PLAYING the game.

That's not fun at all!

If you want to make money online, you have to get into the game. You have to take action and sometimes with action there comes failure. But as someone famous said long ago, "failure is a good teacher."

And if you learn (by taking action) you will succeed.

So don't let Analysis Paralysis rob you of your dreams. You can succeed in life. You can reach the goals you set for yourself. You can make the money you want to make if you take action doing the right thing today.








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2011年5月27日 星期五

Coping With Failure


There are many ways in which you can create conditions that are conducive to your achievement, success and happiness in your life. There are countless ways in which you can take charge of your life and shape your choices and your future. Whatever methods you choose, positive affirmations vastly improve the chances of your success and reduce the time you may need to realize your goals. Positive thoughts reinforced by positive affirmations and mixed with strong emotions, faith in yourself and your ability to persist and shape the events in your life will bring you rich rewards enhance your self esteem and pave the way for success and happiness in your life. You become the center of your actions and the source of your success. You pour energy into words that'll transform your life and herald your success. But what happens when you hit rock bottom and fail?

Failure vs. Success: The emotion that this type of thinking is generally a chosen outcome? Nothing bites us more hurtfully than failure. Especially in case of people with low self confidence and a poor self-esteem the pain and fear associated with failure can be quite serious, damaging and debilitating, that is if your think it to be so. Failure prevents many unfortunate victims from being true to their potential and realizing their cherished dreams because it creates and or compounds negativity, skepticism, indecision, anxiety and depression (just to mention a few side issues) Concerned as we are with success and survival of living in a competitive world that looks up to its achievers and winners and looks down on even castigates losers, even people with normal self esteem tend to react to failure with a negative frame of mind and attitude, and with feelings of inadequacy, incompetence and loss of self-esteem.

Know that you can deal with failure: For the ultimate triumph of success, failure can be dealt with in a positive and decisive way. Failure can be managed intelligently and pragmatically just as we can manage our day to day problems as a part of our daily struggle for survival. Failure can be confronted, studied and dealt with, in a rationale and objective manner, before it consumes us with the raw force of its negativity and overwhelms us with its oppressive feelings of helplessness and hopelessness. The best way to deal with failure is to deal with it as if it is a problem that need to be resolved in the path of our goal oriented action after all failure is only a thought, an emotion, which one chooses to Succumb to rather to any other available alternatives.

REMEMBER that it is only quitters, cop-outs that are the failures.

Accept failure as a process: Failure is not the end of our or any actions but a part or product of them. It is a phase with in a phase. A problem within a problem, a nightmare with in a dream that exists because it has a message to deliver and a lesson to teach. With a non-success/achievement, stop think re-organize/plan and re-apply.

Just as pain and suffering are hidden in our lives, failure is inherent in all actions and undertakings. For us to enjoy the fruit of success, we need to suffer the roughness of failure. The best thing about failure is it is temporary, manageable and solvable. As a concept, failure on the way to success is a seemingly less threatening concept to our sense of well being rather than the concept of failure as the sum total of our efforts. It is therefore better to treat failure this way and cope with it adequately.

Anticipate failure: Before you start choose your goal oriented action, anticipate what kind of problems and road blocks that you may expect on the way and prepare yourself adequately to cope with them, if and when they arise. Develop action plans, alternate scenarios and intervention mechanisms to deal with different kind of situations as they may develop from time to time and interfere with your progress. Anticipating failures during different stages of our goal oriented actions and preparing ourselves adequately to deal with them through alternative plans and approaches so as to become wiser, efficient and effective is a sign of mature thinking. This way we minimize our losses, conserve our resources, remain focused on our goals and stay on course. With this approach, failure becomes an integral part of our vision for success.

Develop an intelligent and positive attitude/approach: Imperfect as we are, though endowed with great many skills and vast intelligence, we cannot escape from the perils of the accessioned failure when we embark upon a course of action with which we are not very familiar or comfortable. Wisdom therefore demands an intelligent attitude and calculated approach towards the problem of failure. If we accept failure as an inherent vice in a learning situation or undertaking, consider it as a sign of some imperfection that is in need of a state of perfection, or a sign of inefficiency or ineffectiveness that is craving for an immediate and effective cure, we can use failure as an opportunity to measure our progress, polish our skills and faculties and deal with the problems of our lives effectively and efficiently. If we consider failure as a phase in the process of our improvement and development, we can use it for self-improvement and increased self-awareness.

Accept responsibility for your failure: Faced with failure, feeble minds tend to look outwardly to find the cause of their failure. Rather than accepting the responsibility heroically and finding solutions from within, they indulge in acts of self-deception and blame some person, element or extraneous condition as the cause of their failure. In the face of failure, probably this is one of the worst attitude any one can display to escape criticism. When you find yourself in the middle of a sea a desert, there is no point in blaming the water or the sun or the sand or fate, but accepts responsibility and does everything possible under the sun to stay on course and survive. Even if the actual cause is extraneous, by accepting responsibility one can learn wisely from the situation and prepare oneself for further action. Especially when you are part of a team effort, by accepting responsibility for your actions, you are earning the trust and respect of other team members and their continued support to deal with your failure. By accepting responsibility for your failures, you are confronting failure truthfully and realistically without being defeated by it or oppressed by it.

Act with equanimity of mind: Faced with failure, a wise person acts with commonsense and sense of humility knowing the fact that in this vast universe which is guided by a multitude of visible and invisible forces, diverse interests and mysterious intentions, which all come together in one's head, so all that one person can do is to think and play his or her role with positivity and sincerely. We should therefore think and stay focused on the techniques, details, processes and skills, stabilizing our minds purely on the action to be taken and avoid the anxiety commonly associated with goal oriented actions.

Be persistent: Weak, sceptical minds and negative attitudes are easily disheartened and often experience failure, (but will seldom admit to it) but not a strong mind determined to end failure through corrective and improvised action borne out of analysis and observation and sustained by the will to persevere. When faced with failure, a strong willed person would continue on his chosen path, knowing well that what can defeat them is not failure but his own unforeseen and untested fears and assumed limitations. He knows that he has the freedom and the opportunity to try different options and alternative methods to deal with failure and resolve it. A strong willed person would not give up, would not leave in between, would not abandon the hope of success and would not lose sight of the resources that he has invested in pursuit of success.

Seek help from others: When failure becomes an unavoidable option, people tend to withdraw into themselves and suffer alone. For a while their judgment gets impaired and their consciousness clogged with embarrassment and by the impurities of negative thinking. While this is a normal and immediate response to failure, successful people recover immediately from such situations. They bounce back and look for opportunities to overcome their deficiencies or rectify their mistakes and continue their efforts in the desired direction. They make an objective assessment of the situation, analyze their actions and seek others cooperation, inputs and involvement. It is true that success claims many followers and admirers, while failure many victims, critics and onlookers. Success breeds opportunities for friendship and increased social activity while failure brings in loneliness and desperation. The trick is to stay calm, remain focused and objective, ignore the ridicule and the insults from the critics and gather support and input from the sympathizers and well wishers for a fresh phase of renewed activity and corrective action.

Be creative: Failure is a problem that needs a solution through direct confrontation and use of creative ideas for sustained action. You cannot cope with failure through inaction or withdrawal from the pursuit of your goals. You cannot deal with failure by trying to escape from the feelings of failure and dejection. In the midst of failure it is difficult to concentrate and think objectively. But what is required most at this stage is objective outlook and creative approach. To cope with failure you need to think creatively and find alternative solutions that may help you remedy the situation and achieve success.

Creativity cannot thrive in a mind oppressed by the feelings of guilt, negativity, scepticism, despair and hopelessness. What is required is a relaxed and composed state of mind, ready for adventure and experimentation, focused and determined to tread the path till the objectives are realized. When faced with failure, therefore keep your mind open and allow it to think freely. Be creative and courageous to weight the options and take calculated risks. Become receptive to the free flow of ideas and thoughts. Using your creative faculties, challenge yourself with the will to succeed and the vision to be different and determined.

Think positively: A vast array of forces gather around us as we plunge into the pit of failure. Our own thoughts and attitudes start acting against us and make us feel negative and harsh towards ourselves and failures. Through our actions and expressions, we also turn enemies out of our friends and make things more difficult for us. Usually the mind has the habit of internalizing success and externalizing failure. While this is the usual defensive reaction, the mind also has the tendency to associate negative feelings with failure such as pain, frustration, distrust, loneliness, confusion, uncertainty and despondency. With the help of positive feelings, successful people usually recover from the bout of depression that usually accompanies failure. They motivate themselves to think positively and develop a positive plan of action to recover from failure. By keeping their hopes alive they keep their chances of success alive.

Be systematic: It helps to be organized and systematic, while engaged in a certain course of goal oriented action. Organized action helps you stay focused, conserve your resources and improve your chances of success. When your action leads to failure, if you are organized, the possibility of your recovery is much faster and easier. In an organized environment, you have better chances of analysing your past actions and isolating the causes of your failure. You can draw richly from the wealth of information gained by your previous experience and observation. It will also help you control your activities, measure your performance, and stay on course.

Failure is not an option in a competitive world where you are constantly challenged by people and circumstances to prove your strength and ability show your true worth and stay on top. But when faced with failure you've to consider the many options that are available to you and deal with it effectively, so that your fit loses the power to haunt you and make you feel small and defeated. You cannot set aside your failures, ignore them or wish them away. You need to face them squarely and in time, before they become unmanageable and precipitate crises and serious trouble. As you plan for success, be prepared to cope with failures on the way and learn from them. Or else be prepared for more failures, more problems and more lessons.

Failure is like a storm in the course of a voyage. It is a situation that is in proportion to your state of awareness and preparedness and is usually reflective of your level of your progress and skill levels. It demands timely and skillful action, planned and concerted approach, positive mental attitude, unyielding courage and conviction in the face of destabilizing environment and an organized thinking that can generate valuable ideas to help your ship stay afloat and on course. Therefore, take failure as a learning and remedial opportunity. Face it with courage. Deal with it courageously. Give it your best and make it your strength.








John is a health consultant, trainer and business coach. Using techniques and integral methodologies from his 40 years in the health (Habit and control) and obesity industry. John is able to successfully use those techniques and methodologies to help others achieve success. John's personal achievements have echoed through the management of numerous health studios which has reached to an international audience as well as a domestic level here in Australia. He has written numerous self-help programs which are portrayed by his 40 years experience in the health (Habit and control) and obesity industry.

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2011年5月26日 星期四

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2011年5月25日 星期三

How You Can Defeat the Fear of Failure


Perhaps the greatest obstacle to success for most people is fear of failure. It prevents them from starting. It makes them excessively risk adverse. It can paralyze you. Do not let this common problem prevent you from realizing your aspirations.

Identify the Problem

The first step in defeating fear of failure is to recognize it. Are you a person who is constantly putting off things to wait for the right time? Are you suffering analysis paralysis where you spend days planning and analyzing the situation and never feeling you know enough to act? Does any form of risk, even calculated risk, prevent you from taking the next step? It is wise to carefully study your problem or goal and make sure you know what is at stake. It is prudent to investigate situations thoroughly and do your due diligence. However there must be a limit to this. Once you have done the due diligence you must be prepared to act or abandon the idea for good reason.

Lay the Foundation for Confidence

After you analyze your situation and determine that you are stopped by fear of failure it is time to lay a secure foundation to give yourself the confidence to move forward. Let's use the example of buying a piece of investment property. Due diligence requires that you thoroughly inspect the property for any defect. You will draw up a list of repairs that need to be done. If necessary you will arrange for an expert property inspection. You order a preliminary title report to assure clear title. You chat with neighbors of the property to determine if the history of the property is actually what the seller told you. You make necessary arrangements for financing and you do research on local rental rates so you can compute a reasonable cash flow analysis.

This is not an exhaustive list of real property acquisition due diligence, it is merely an example. Once you have done all the work to insure you know what you are getting into, how you are going to structure the deal and what your exit strategy may be, you have done your due diligence.

Know Your Genuine Limits

Write down a list of your actual limitations. It may be how much time you have to devote to an endeavor. If you are already working a 60 hour week, for example, how much time do you have left over to devote to a home based business? Be realistic but do not be negative. Explore all the possible options available to you. Analyze your financial situation and make a reasonable estimate of what you can afford. If you have a limit that makes your goal unattainable you can abandon it and go on to something that is attainable.

When listing your limitations however be careful not to see limits where there are none. Do not assume that everything that could possibly go wrong will. Do not be dominated by a disaster mindset. Disaster is always a possibility in everything we undertake but if we allow this fear to stop us we will never succeed at anything.

Distinguish Calculated Risk from Blind Risk

Risk adverse people are afraid of every possible risk. Prudent people calculate risk by being fully informed. Once the calculated risk is reasonable you can move forward. This is not the same as blind risk where someone steps into a situation without any information or any risk calculation.

Make a Plan

Now that you have all the reasonably necessary information and have calculated any reasonable risks you are prepared to make your plan. This is crucial because if you have a sound and well thought out plan you are not driving blind. You know what you need to do, when you need to do it and how you will get it done. This gives you tremendous confidence.

Act

Now it is time to take action. You have done all the research you reasonably need to do, you have calculated the risk, and you have a solid plan. There is no longer any purpose to be served in waiting. It is now time to do it.

Start with smaller plans and goals that involve lower levels of risk. If you are investing in real estate for example, do not start out buying a 50 unit apartment complex, start out buying a small single family residence. You then work up to higher risk endeavors as you build experience and knowledge. As you succeed in one endeavor after another you gain further confidence and the fear of failure becomes less of a problem.

Taking risks can be scary. Most significant goals or projects will inevitably have some level of risk. Being nervous about signing on the dotted line, whether you are buying a car, investing, or anything else, will cause some stress. This is normal and if you feel no concern at all about what you are doing it may be a sign that you are over confident.

However, once you lay the groundwork we have discussed here and gained some confidence over time you will find the fear of failure no longer prevents you from succeeding.








Daniel R. Murphy writes on success and how you can build wealth. Would you like to learn how others have been successful in business and in life? For a free success ebook and much information which can help make you successful and financially independent visit http://www.bookstowealth.com. Begin your self-education today learning how others have become successful and rich! Do it today!


2011年5月24日 星期二

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Five Tips For Getting the Software Requirement Analysis Right the First Time


Importance of Requirement Analysis We all know that requirements need to gathered before any software development project. Do we really understand the importance of it....

Getting requirements right, early in your project, can save you one-third or more of your overall project budget. (Hooks and Farry, 2001)

You save money by getting requirements right to begin with. Why? Because fixing requirements errors accounts for 70% to 80% of your rework costs (Leffingwell, 1997).

The quality of the requirements captured will be define to a great extent if your project will be a success or a failure. Sometimes you may be asked to cut down the requirement capture time my argument to that would be "If you cannot invest in getting the requirements done right the first time, how are you going to afford the cost and time that would be required to fix it which would be much more that what needs to be invested now."

Tips for Requirement Analysis The requirement analysis and capture process should result in documentation which will cover the following aspects:



Define the Problem and High level description of the solution. The requirement Analyst needs to understand the problem and the need for solution. The questions which need to answered here are


What problems is the solution going to resolve? What benefits is the company going to derive from the solution? Are the requirements implementable?

Apart from answering the above questions a high level description of the solution which needs to be developed and the business needs it is going to address needs to be documented.


Cover needs of all stakeholders and users of the solution. You need to make sure that needs of all stakeholders are understood. You also need to understand the needs of the people who are ultimately going to use the solution / system. This is very important so that the solution delivers on all counts.This will also help in identifying conflicting requirements if any.

Define what the solution should and should not do. You should not only define what the solution should do but also define what the solution will not do. The requirements should be stated in a manner that nothing is left for imagination or which creates doubts.

Define the features required. Elaborate on the features required in the software solution. In Technical terms define Functional and Non-functional requirements . Try and capture the "What's" and not "How's".

Capture all supporting information. Include details about the Processes followed, Workflow, Information flow, hierarchies etc. Record any other information which might be relevant to the solution under consideration. Identify the source of all requirements and have them in documented in such a way that they are manageable.

Once you have applied all the above tips you will have Feasible, Non conflicting, Unambiguous, Traceable and Testable Requirements.

Benefits of Good Requirement Analysis
Cost Savings Shorten your development cycle Get a product that meets your needs Boost the team's productivity Reduce rework and conflicts arising from unclear and ambiguous requirements

Now that we understand how important it is to get the requirements right early on. Go and get your requirements right the first time...

You can look forward to the following topics in the series of requirement capture and analysis - Documenting Requirements, Common problems encountered during requirement analysis.








Pooja Gupta is a Co-Founder of FDSC, a software development company in India providing a range of software development services and helping it's customers achieve their business goals. Service offerings include new product development, custom software development, web based content management systems, business analysis and more.


2011年5月23日 星期一

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2011年5月21日 星期六

Scanning Acoustic Microscopy for Electronic Failure Analysis


Electronic failure analysis services are an often undervalued tool in the semiconductor and electronics industries. Manufacturers are beginning to understand that quality and reputation are linked, in much the same way that profit and failure analysis (FA) are connected. In an area such as integrated circuit (IC) boards and semiconductors, a timely and accurate FA can be the difference between success and failure for a company's product line. It appears that electronic failure analysis tools and techniques are becoming nearly as sophisticated as the materials and components they are analyzing.

In the past, most semiconductor manufacturers trusted heavily in destructive testing to analyze their company's defective products. Scanning Acoustic Microscopy (SAM) is a new tool that now provides FA engineers with the ability to non-destructively map semiconductor layers or perform a component-level analysis of an IC board.

Using several principles and methods, SAM has become a "guiding light" for many that had almost given up hope of attaining an accurate and efficient non-destructive FA tool.

The principle of Scanning Acoustic Microscopy is similar to that of a SONAR system on a ship, in that it uses reflective sound waves to map individual semiconductor layers. The sound reflectance is then measured and a technician can produce a mapped image of the specified layer.

SAM is highly successful in determining delaminations of specific layers of semiconductor metals and is able to produce images of those same layers. SAM is also proficient at determining material failures, cracks, and voids, and is useful in measuring the thickness of individual layers.

Electronic failure analysis is not only an important tool in the semiconductor and integrated circuit board industry, it is absolutely essential! A FA service that utilizes Scanning Acoustic Microscopy can be your company's biggest advantage over your competitors.








Thomas Paquette is the founder and president of Insight Analytical Labs, an electrical engineering firm offering electronic failure analysis to the semiconductor and printed circuit board (PCB) industries. Tom is an expert at assessing new integrated circuit (IC) technologies, implementing failure analysis solutions, improving board-level reliability and supporting IC development efforts. If you are looking for a one-stop electronics failure analysis lab then visit Tom's website at the following link to receive a free consultation. http://www.ial-fa.com


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2011年5月20日 星期五

The Importance of Forex Technical Analysis to Forex Traders


One of the most effective and efficient ways to profit in the currency trade is forex technical analysis. Studying forex charts eventually leads to success in currency trading, but a trader must be careful to avoid some of the most common mistakes made by most currency traders. Whether you are a beginner or have been in the trade but have never utilized forex technical analysis, you must learn some basic facts and myths to increase your chances of getting the moves right and eventually benefit in your investment venture.

Points to Consider When Using Forex Technical Analysis in your Trading Strategy


History repeats itself - If you are keen in studying foreign exchange, you need not be told that chart patterns in currency trade repeat themselves over time. However, it is vital to understand that they repeat themselves with scientific accuracy. Although trading in currency is an investment full of odds and not certainties, forex technical analysis can turn such odds to a very profitable business venture when you learn to use them to predict future chart patterns. What is important in this case is that a trader makes moves at the right time and calculated risks to achieve trading success.
With forex technical analysis and charts, studying news is not relevant - many foreign exchange traders rely heavily in newswires and broker arguments. In most cases, these are just arguments and opinions. No matter how convincing they are, opinions and arguments will never be more accurate than foreign exchange scrutiny.
Foreign exchange trading is a reality - The fundamentals are very important, no matter how difficult they are in judging the impact they have on the currency market or how currency traders perceive them. Forex technical analysis works with the assumption that all fundamentals show up promptly and in the price action. A trader relying on foreign exchange scrutiny will be more concerned about how prices shift and not necessarily why the currency prices are shifting. What a good trader needs to know is how a situation can result in profit and whether it is worth locking into and holding onto a particular foreign exchange scrutiny trend when it happens.
Objectivity - An ideal foreign exchange system should be rule based, it should have no room for subjective tools and must be held in place by factual discipline. Most failures in this trade rely in a large part to poor trading methods and improper strategies. The basis of a proper foreign exchange scrutiny is made of strong currency strategies, understanding of support and resistance, confirmation and money management. When used the right way, forex technical analysis can offer an investor life changing income, trading a few minutes a day. Prepare well by studying and make foreign exchange analysis a core part of your training.








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2011年5月19日 星期四

Seeing the Success of PEST Analysis Through PEST Real-Life Examples


There are many variations of the PEST analysis including PESTLE, STEP, STEEPLE, PESTEL and STEEPLED. However, no matter which variation you use, the main goal here is to make an observation about the external environmental factors that you cannot control. There are many forms of assessment schemes that have been introduced but normally they only keep track of the inside elements that are related to your business. Some would just take a look at the behavior of your customers as opposed to the PEST analysis which takes on different areas namely politics, economics, social and technology. PEST is applied on businesses and is usually a part of business planning strategy. PEST real-life examples can aid you in understanding how you can use this form of evaluation to your own company.

PEST guides can be very helpful especially those that contain PEST analysis users stories. Such stories can assist beginners in determining the right method for them to utilize the said system of assessment. Most organizations fail to realize that the financial records are not the only reports that they should use in order to find out how they are performing. In addition to the performance of the employees and the efficiency of the processes, there is a need to take a look outside of the business. This is what PEST analysis is all about since it takes on the political, economical, social and technological factors that might bring your organization to success or to failure.

The PEST real-life examples enable the company to link itself to the samples given. This way, it will be easier for the managers or the CEOs to scan their environment using the PEST analysis. Being able to utilize PEST effectively can aid in making more informed decisions. We all know that the firms today are dealing with constant and sometimes extreme changes. This is why one has to detect the opportunities and make the most out of them while eliminating the threats or minimizing their harmful effects.

With the aid of the PEST real-life examples, you can gain knowledge about how you should employ the said scheme into your business. You will learn why there are some that do not succeed in using PEST and also discover how others are able to fully adopt the method of assessment into their business. In this case, you will learn the best practices and be able to apply them into your company. In line with this, you can avoid the incorrect ways in executing the PEST analysis, which can eventually lead you into gaining advantage against your competitions.

The PEST real-life examples are the most ideal guide especially for the beginners because they will know the common and accepted frameworks, the external factors that they should be aware of, the PEST analysis cycle, the correct application of the evaluation process and the impact of such type of analysis after businesspeople have executed this perfectly into their organization. What you may not know about this is that PEST analysis is not only meant for commercial or non-profit companies. This can also be a part of personal development planning so that you can make the right decisions for your future to be what you intend to it to become.








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2011年5月18日 星期三

How to Avoid Failure of Software Project


A successful software project is completed on time and on budget, with all features and functions as envisaged. Challenged software project is completed and operational but it exceeds budget, time estimate and works with fewer features and functions than originally conceived. Impaired software project gets canceled at some point during the development cycle.

A research suggests that 16.2% projects are successful, 52.7% software projects are challenged and 31.1% are impaired software project.

One should concentrate on the following points to enjoy the success


User involvement
Executive management support
Clear statements of requirements
Proper planning
Realistic expectations
Smaller project milestones
Competent staff
Ownership
Clear vision and objectives
Hard working and focused staff
One should avoid the following reasons for failure

The development team did not posses the matching skill set and experience


Lack of involvement of users during the development process
Payment was not related to productivity
Frequent change in the development team
Absence of modular structure in design
Poor HR management
Lack of sense of ownership among the users
The changing needs and requirements of the users were not addressed
Lack of proper documentation
Lack of proper distribution of roles and responsibilities
Improper test planning
Poor requirement management
Poor data design
Improper choice of technology
Inadequate management support
Poor management vision
Poor project communication
Inadequate user training
Frequent change in the user team
System not user friendly
Conflict among stakeholder
All these reasons for failure can be categorized in to four different chunks

In house capability

The development team did not posses the matching skill set and experience, absence of modular structure in design, poor data design, inadequate user training, improper choice of technology


Client commitment

Lack of involvement of users during the development process, lack of sense of ownership among the users, payment was not related to productivity, conflict among stakeholders, frequent change in the user team.


Project management

Poor HR management, lack of proper distribution of roles and responsibilities, inadequate management support, poor management vision, poor project communication, improper test planning, Lack of proper documentation, frequent change in the development team.


Requirement Management

The changing needs and requirements of the user were not addressed, system not user friendly, poor requirement analysis and management.

All these points should be treated as a first step.








Prajakta Chandrakant Dhote, Jr Faculty IT in ICFAI National College, chandrapur, Maharashtra, India. At present doing research on Fuzzy Logic


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2011年5月17日 星期二

Is Diet Analysis the Key to Losing Weight?


It seems as each week passes a new diet is introduced with its promises of instant weight loss. The truth is that while some are shams, others in fact do work. So which diet or diets are the right diet for your particular needs? The only way that you can determine that is through diet analysis.

The Science Of Diet Analysis

You see, no two people and no two metabolisms are alike, so what works for one person may not in fact be the best diet for another. Lifestyle and metabolic differences are just two key factors that have to be accounted for in any diet analysis.

Diet Analysis and Food Allergies

There are also other mitigating factors, such as medical issues that may have to be taken into account as well. For instance, food allergies are one new area of study that dietitians are continuing to learn more about.

Making New Inroads In Losing Weight

So the science of diet analysis is now making new inroads into how people are losing weight and finally keeping it off today. Also new diet analysis software is finding more uses by dietitians and ordinary people just like yourself who may have had trouble losing weight in the past.

A Very Complex Issue

It's a fact that there is more to losing weigh then just cutting down on the amount of food that is being consumed. If this were the case then losing weight would be a simple matter. The fact is that the science of diet analysis is what is key to permanent weight loss.

The Quest For Permanent Weight Loss

Before you undertake another fad diet that statistically is bound to lead to failure, consider looking into new diet analysis software that can offer a permanent solution to your weight problem. After all, when you are done with whatever diet you choose, you still will be left with what ever problems led to your original weight gain.








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2011年5月16日 星期一

BSC People Analysis As an Efficient Method For Evaluating Employees' Performance


Balanced scorecards (BSC) are tools for analysis and measurement of performance, not just of organizational structures and systems, but of people as well. After all, structures and systems do not function independent of people. In short, while it is the primary goal of balanced scorecards to install efficient mechanisms that facilitate as well as measure accomplishment, a good balanced scorecard will also detect when people or employees assigned to specific tasks are not up to their jobs. BSC people analysis can be designed to monitor as well as evaluate employees' performance.

A diligently structured BSC provides not just the objectives, intervening activities, and desired outputs. It also takes into account the people or employees who are supposed to accomplish the tasks and activities leading to accomplishments of plans. A good BSC assigns tasks to people based on displayed capacities. Assigning a particular job to an employee with unknown qualities or with mismatched skills is a prescription to failure. However one looks at it, BSC cannot effectively function as a viable measure if analysis of people performance is left out. This is because less than desirable outputs e.g., lagging sales or decreasing production cannot automatically be attributed to a faulty structure, a wrong plan, or policy. Problems can be attributed to these factors as much as to people not doing or who are unable to do their assigned tasks properly.

Top management of many companies has the tendency to focus too much on the larger picture and the financial aspects of operations. They end up neglecting people and structures that have weighty impacts on how well the companies perform towards accomplishing targets, which is unfortunate since with the proper use of BSC, plans can be more comprehensive by incorporating into them methods of addressing and evaluating root causes that lead to poor structure and people performance.

Balanced scorecards break down strategic or general plans into smaller units in the form of specific tasks and activities that are then assigned to individual employees. These activities are the basis for analyzing employee performance. Simply put, the balanced scorecards try to establish routines to ensure that all activities of employees are focused and directed at attaining strategic plans. This makes analysis of employee performance easier, as activities are accompanied by clear, quantifiable, and expected outputs.

Prior to the emergence of Balanced Scorecards as an important management tool for measuring performance, employee performance analysis is primarily based on prepared job descriptions. Balanced scorecards fill the gaps evident when companies rely solely on job descriptions, which are often vague and not quantifiable. And because they do not provide specifications of outputs, such as quality and timeframes, performance analysis is not grounded on specific contributions of employees to the advancement of the company.

BSC people analysis is much more effective in measuring employee's performance since it contains tools - job matching, delegating, and the like - that help translate general goals and plans into day-to-day routines. This is an enormous task, especially for large organizations. But this can be made easier by practicing an expanded planning scheme where more employees are involved. Some companies adopt more participatory schemes where planning is done from bottom up. Meaning, each section or department is responsible for formulating implementation plans based on strategic plans. Top management reviews the plans, ensuring that they are properly zeroed in and making revisions when required. This system eliminates the need for time-consuming orientations since more people have a hand on the drafting of the plan, including its specific activities. This helps in developing the routines from which analysis of employees performance is to be based later on.








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