Posted at 12:05 PM | Permalink | Comments (0) | TrackBack (0)
IS THIS WHAT THE USA HAS BECOME???? WHAT HAPPENED TO DEMOCRACY?
ar·is·toc·ra·cy /ˌærəˈstɒkrəsi/ Show Spelled
[ar-uh-stok-ruh-see] Show IPA
–noun, plural -cies.
1. a class of persons holding exceptional rank and privileges, esp. the hereditary nobility.
2. a government or state ruled by an aristocracy, elite, or privileged upper class.
3. government by those considered to be the best or most able people in the state.
4. a governing body composed of those considered to be the best or most able people in the state.
5. any class or group considered to be superior, as through education, ability, wealth, or social prestige.
Posted at 07:48 PM | Permalink | Comments (0) | TrackBack (0)
On the other side....you might ask....of what!!!!??????
Of the abyss I say!....whatever that "abyss" may mean to you.
For me, that abyss has been the last two years....a period starting with my independence from the corporate world ....a leap into the unknown... during the darkest of financial times known to the silicone age of generations....an adventure into the soul and spirit....a rejuvination of physical well being...a coming to senses with mysenses....and the eventual return to a more controlled, self-directed, contractually based existance.
Once you set the past behind you, and set course for the distant future, every day is just a question of keeping your nose to the wind, your eyes on the horizon, and your engines in tune.
Plowing ahead despite inevitable detractions, negative players, political crossfire, and unexplored regions is part of everyday life. Teamwork and shared responsibility as well as a multi-disciplined team that communicates well, frequently and whenever required are the hallmarks of success.
The bastions of the past (classical project management methodologies, IT dominated teams, co-located teams) erode towards virtually located, self-managed, and rapid design methodologies aimed at producing tangible results quickly and effectively.
Life is somber...but life is good.
The days will now grow longer, and summer will soon be here again.
Best wishes to all for making it through the abyss! May we all move forward now into the near future with innovation, keen application, global awareness, and marked opportunism with perfect timing, purpose and resolve.
To all my colleagues and friends.....let's make it happen for each other in 2011!
Together we fight, divided we fall!
Posted at 03:20 PM in Philosophy | Permalink | Comments (0) | TrackBack (0)
Those of you that know me will also recall that I spent many years traveling around the world and spent some time in Africa while working for a global security outfit protecting US Embassies and foreign personnel. On one of those trips I recall the story told to me as to how locals would catch monkeys.
"It is very simple my friend" said Babangita..."locate a point in the jungle frequently visited by monkeys. Get a glass water jug with a neck opening thick enough to allow the hand of a monkey through the spout and tie a rope around the neck and secure the jar to the ground with a stake so that the monkey can not get away. Now place a couple of banana's inside the jar and wait."
That's it? I asked. "Yes" he answered. "When the monkey sees the banana's inside the jar his curiosity and hunger will compel him to reach inside and grab the banana. Grasping the banana however will not allow him to extract his closed hand & fist through the neck of the jar. His greed for the banana however will not allow him to let go and release himself from this self-imposed trap. You can now simply untie the jar and take the monkey home!"
***************************************************************************************************************
Well, its been quite a long time since I decided to sit down and blog again. I don't know how many people this blog will actually reach but for those that know me...my comments are usually a bit off the beaten track and usually inspired by something I've been affected by or that I am adamant about.
Having experienced one of the biggest attacks on the US (this one being mostly in the Financial markets, which of course impacted our job markets and our retail markets) I have survived the last 2 years despite being on the first wave of Job eliminations in mid 2008, experiencing an enormous free-fall in loss of personal wealth in both the equities and real property markets, and weathering the painful and tedious recovery and rebuilding of equity slowly one day one trade at a time. I fed on severance, small contracts, and landed a significant project contract which kept me afloat until now, but also from making quick entry and exits using a simple strategy in the stock market.
I choose to speak today a bit about the subject of greed ... as I truly believe that this is clearly the sole root cause leading to todays financial problems being experienced around the world.
Greed is stronger than fear as the monkey in the above story can attest to. But fear moves the markets much more significantly than does greed. The past decade has been a smorgasbord for fear mongers as vast shorting preceeded news blast following vast accumulations of stock targeted for negative news hits despite being strong stocks which of course served well for reinvestment once the standard negative deviation targets were hit, thereby preparing the stage for another cycle.
This has been the case since Sept. 2008 all the way to the bottom in Mar 2009 and once again in the first mini dip in Jan.-Feb. 2010. The number one driver....the greed of the monkies which see the bananas and won't let go until its too late.
So...what's the moral of the story you might ask?
Look for jars with banana's inside ... and steal the monkey before the trapper gets there!
Happy hunting!
Posted at 03:05 PM in Current Affairs, Economics, Life, Philosophy | Permalink | Comments (0) | TrackBack (0)
Posted at 07:25 PM | Permalink | Comments (0) | TrackBack (0)
1. What we could do then:
http://www.geocities.com/wallstreet/7040
2. What we can do now:
http://TurningPoint-Solutions.com
3. What we can do tomorrow?
http://CenterChannel.typepad.com
Q: What are things you can do today because of technology that you couldn't do five years ago?
Presented by Intel, Sponsors of Tomorrow.
A: I can create mass market caliber broadcast vehicles that promote business and do it virtually and without waste and use these vehicles to promote and support my future endeavors.
Posted at 06:57 PM in Business Intelligence | Permalink | Comments (0) | TrackBack (0)
I wonder...if there are any readers of this blog....I get occasional hits from...Finland, Philippines, India, and all sorts of places in the US.
It's been a while....since I looked up...and assessed the situation...life goes by so quickly when you are busy...working...making money....
So quickly in fact...that I didn't even notice that a year had passed by since I was toasting my departure with Mojito in hand....celebrating with my friends and colleagues...the turning of a new page in the book of my life....a true Turning Point.
And that is what has become of this change....Turning Point Group, LLC now approaching it's one year anniversary...successfully providing for it's owner...poised to grow...and ready as well.
It's amazing what happens during one rotation of the Sun!
Four seasons occur (in each of two hemispheres)....lives are created...lives are lost, fortunes disappear, and fortunes are rebuilt...the circle of life continues....
13 years develops deep pockets of knowledge in many ways not fathomed nor valued by most. New blood replaces old wisdom to spark energy and cloak the error of their ways. Time reveals the truth and soothes the transitioning. Money lubricates everything.
And after all is said and done....we repeat the cycle again...new faces...old games...new tools...old logic...new money...old wealth...new president...old problems...new year...another revolution around the sun!
Tomorrow...July 7th...is "La fiesta de San Fermín".....or St. Fermin's Day!
Most people don't know this but the running of the bulls in Pamplona is commemorated in honor of the feast of St. Fermín.
Hemingway memorialized it with "The sun also rises".
So...to all...I sing the song of San Fermín!
1ro de Enero....2do de Febrero ...3er de marzo...4 de abril!
5 de mayo...6 de junio...7 de julio es San Fermín!!!!
I toast to you all....and celebrate another Sunrise....and....a successful running with the bulls!
Posted at 11:54 PM | Permalink | Comments (0) | TrackBack (0)
First off it’s basically a 3 player battleground, Oracle and SAP, with IBM playing catch-up. Microsoft is on the sidelines nervously awaiting their turn to play, but way behind from a “big-business” gaming standpoint. I don't agree with some market opinions that SAP has fallen behind in terms of having an “Integrated” set of solutions. I spent 13 years within SAP and always marveled at how they always took the role of lead steer in terms of “SOA”, "Web enabled apps", "Marketplaces", "Protocol Inclusion", "Industry Packaging and Market Segments", "% of R&D Invested, and many other areas and initiatives. I continue to be amazed to see many competitors just copy and promote the same initiatives and industry buzzwords as a defensive tactic.
Over the last 5 years SAP hired thousands of people who were x-Peoplesoft, Seibel, Oracle and Hyperion folks and as a result adopted some of the incoming "Organizational Cultures" of these workforce immigrants, but mostly a couple in particular....the "Sales & Marketing" and the "Management & Control" cultures and the American philosophy of doing business. In my opinion they have a trade off of revenue & short-term profits at the cost of a significant detriment to customer satisfaction and loyalty and long term growth. The net result has witnessed a trade-off between "Substance" to "Sales" and "Long Term" to "Short Term" focus, not particularly revered German values as I understand.
This has left the two major players as virtually indistinguishable, at least in the present era.
There are two major battle fronts in the “Business Intelligence” field, the CFO, COO’s, Cxx (Business Users) & CIO (Technology Managers).
The BO acquisition...if you look at the pure numbers of BI Sales given the US$7B purchase price would have taken 10 years payback period on the basis of pure BI sales alone. That doesn't make to much sense for most finance guys. But if you factor into account the fact that within BO's installed base of approximately over 27000 customers worldwide of which approximately only 5k were SAP Joint customers, there was an opportunity to sell into the Oracle & Other ERP installed base SAP's main line of products in the ERP which more than validated the consummation of such an expensive deal.
But back to the 2 battle fronts.....
1) Data Integration:
* SAP was traditionally weak in this area. They relied upon a few different strategies over the years, partnering with Informatica, an OEM arrangement with Ascential..(which of course fizzled once IBM took over completely), and now BO's strong EIM Suite of products completes the package.
* But here we're really talking about 2 layers, EAI & ETL. With EAI, SAP partnered with WebMethods and eventually absorbed the technology with its own branded application of XI, which is now part of the SAP Netweaver Stack. WEB Server also replaced the IIS and (SAP) ITS but really had roots in InQmy.
* SAP rebuilt its platform from the bottom up, WebServer, XI, BI & KM, and on top the Portal Technology which was gained via the Top-Tier acquisition which was both Dot-Net & Java Based and quickly integrated with the Netweaver Stack. They adopted IBM's Eclipse protocol for their object based development platform and these actions took them to a lead of approximately 2-3 years ahead of Oracle with their "Fusion" or better said con-fusion created by way of the mammoth number of acquisitions, Siebel, Peoplesoft, and Hyperion. Oracle stepped up to the plate however purchasing BEA which basically unified their technology stack, but has the same pains as SAP in stitching together and “Re-Weaving” a new integrated suite of products.
* So bottom line....both are basically commodities...and both can work interchangeably with or without each other. IBM is there too.
2) Business Utilization:
* All the technology in the world is only as good as the results it achieves. At least in the minds of "non-IT" business people. The CFO's office for a very long time has been dominated by legacy accounting systems and by agnostic believers of best of breed SAP, Oracle, Peoplesoft, Seibel, Baan and many other G/L applications, but most often by a sincere belief in “do-it-yourself” spreadsheets based on light integration with MS Office products.
* When it comes to Consolidations, or Business Planning, Hyperion has held the biggest share of the market and still does from a "not broken don't fix it" standpoint. But many CFO's and companies are not happy with the entirety of integrated solutions and looking at a high TCO given multiple systems, multiple data integrations, multiple databases, and multiple BI systems and analytics as well as the SOX & IFRS requirements and increased exposure during these “high pressure” economic times.
* At the same time, the main competitor of all of these applications is not SAP Business Objects , Hyperion, Cognos, Microstrategy, Teradata,....and many many others...it's "MICROSOFT" Excel.
* So the sales pitch of the large vendors is mostly aimed against uncontrolled, dispersed, distributed, sparse, unsecured strategic data and intellectual property existing within a highly mobile workforce environment capable of disseminating proprietary intelligence and with all the portability to their favor. In other words Security. I worked within the Security Industry for 7 years and one thing I learned from this (quasi-intelligence) industry, is….It’s easy to sell fear! It’s actually good for Security selling businesses!
* The other term most likely used by BI Software Vendors and Analyst which for me is “making information ACTIONABLE”! This is so…”passé” (out with the old guard and administration!) Believe me, COO’s, CFO’s, and successful managers don’t only want information to be “actionable”, this connotes a “potential action” but is based upon the whim and slack of a “responsible” employee. That’s why we’re facing the current economic crash and debacle, because some “irresponsible” employees, managers, chiefs within the Fed, Treasury, and SEC, didn’t see the need to take action, although Intelligence was “ACTIONABLE!” My many years within the ranks of industry as chief bean counter tell me that they want information to be processed into Intelligence which initiates validation via inquiry and prescribes orders for remedy (action) bringing symptoms into a “within established parameters” equilibrium status. To quote a past COO “I don’t like being the “bad guy” always having to kick someone in the pants in order to get things done…have the system do this for me so by the time I do my rounds the managers already know what I know and have even had a chance to remedy things before I do. I’m basically a nice guy and would prefer such pro-activeness!”
* The closest thing I’ve seen which approximates anything relating to my previous point, is the integration of Business Process Management with Business Intelligence. But this is NOT on any roadmap I’ve seen. SAP’s got a whiff of this but Product Management has not yet packaged or proceeded to officially launch such an initiative and if so is keeping it under closed covers. The only thing near it is Actionable (SOA) or On-Demand products.
* Oracle, Hyperion, Cognos, IBM, are not on the forefront of this direction but are sure to follow.
So in summary, how do customers view their future investment into BI? Cautiously, they await future release dates and functionality promises, they evaluate the cost “as-is” and “to-be” versus the benefits (ROI) to be received. They evaluate the current return on their invested projects that are “productive” and whether or not they can extend out this return via corporate/entity wide absorption and utilization.
Beyond this they sift through mounds of prophetic sales people and proficient solution engineers who execute wonderful theatrics and soap operas complete with espionage, provocative relationships, romancing, and pontification, and victory parties and celebrations only to find after it is all said and done…the cold hard reality of a sobering headache…and a hell of a task cleaning up and getting things back into order.
Let’s focus on our deep rooted values and ethics…and get to work. There’s room for investment without all the hype and fear mongering, and there are sincere people out here willing to understand issues and resolve problems effectively and efficiently. CAPEX is Long Term my friends, not short term and that is what controls project spend, not your annual budgetary process which is subordinate to CAPEX funding by the board.
Happy Hunting in 2009!
Fermin F. Iduate Intelligence Advisor - Enterprise Performance Management
& Business Intelligence
Turning Point Group, LLC
8470 SW 148th Drive Miami, FL 33158
M +1-(786)-556-5415 (cell)
F +1-(786)-427-1360 (fax)
Confidential Information
The information transmitted is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons of entitles other than the intended recipient is prohibited. This information shall be keep as confidential and should not be disclose to any third party without the written consent given by the party who transmitted such information. If you received this in error, please contact the sender and delete the material from any computer.
La información transmitida es para el uso exclusivo de la persona o entidad a quien va dirigida, y contiene información de carácter confidencial o privilegiado. Se prohibe a cualquier persona o entidad distinta al destinatario, cualquier revisión, retransmisión, distribución u otro uso de la información trasmitida. Esta información confidencial no podrá ser de ningún modo divulgada, revelada, entregada o transmitida a terceros, salvo autorización previa y por escrito de la parte emisora. Si recibió este mensaje por equivocación, atentamente le solicitamos eliminar la información.
Posted at 11:05 AM | Permalink | Comments (0) | TrackBack (0)
Having worked for many years as a consumer of systems information, and also within the Business Intelligence Software Business with SAP & Business Objects, I agree with the Statement that change management is a companion bedfellow in the wake of BI implementation brought to light in Peter Thomas’ blog: “The Confluence of BI and Change Management”
http://peterthomas.wordpress.com/2009/02/24/the-confluence-of-bi-and-change- management/#comment-136
Proven business models, analysis, queries, cubes, universes,…whatever you want to call them, when implemented require the appropriate, cleansed source data, as well as processes which homogenize the information, so as to report clean and navigable information. Many implementors of BI Systems will admit that a successful implementation of BI has as a related byproduct, the tendency to require ORDER to improve in all underlying source systems, thereby also bringing about change.
A very important distinction needs to be drawn between what is INFORMATION, versus what is INTELLIGENCE. Information is input which an intelligent “Mind” or “Processor” interprets, and defines ACTIONS that need to be executed in order to complete the circle of action vs. reaction, or detection vs. prevention, or inspection vs. expectation.
Most “BI” companies go so far as to make information “Actionable” leaving it basically up to the HUMAN FACTOR to resolve, therefore the Change Management requirement. Making the “ACTION” part of the Software Solution by incorporating business rules associated with the business process is the CHANGE that needs to be managed.
Fermin F. Iduate Intelligence Advisor - Enterprise Performance Management
& Business Intelligence
Turning Point Group, LLC
8470 SW 148th Drive Miami, FL 33158
M +1-(786)-556-5415 (cell)
F +1-(786)-427-1360 (fax)
Confidential Information
The information transmitted is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons of entitles other than the intended recipient is prohibited. This information shall be keep as confidential and should not be disclose to any third party without the written consent given by the party who transmitted such information. If you received this in error, please contact the sender and delete the material from any computer.
La información transmitida es para el uso exclusivo de la persona o entidad a quien va dirigida, y contiene información de carácter confidencial o privilegiado. Se prohibe a cualquier persona o entidad distinta al destinatario, cualquier revisión, retransmisión, distribución u otro uso de la información trasmitida. Esta información confidencial no podrá ser de ningún modo divulgada, revelada, entregada o transmitida a terceros, salvo autorización previa y por escrito de la parte emisora. Si recibió este mensaje por equivocación, atentamente le solicitamos eliminar la información.
Posted at 09:03 PM | Permalink | Comments (0) | TrackBack (0)
There’s a direct inverse relationship regarding Inflation & Devaluation that has held true throughout history, witnessed in Europe after the discovery of America, during the expansion of the British Empire, before and after WW1 & 2, during the 70’s & 80’s and the Oil Embargo period and throughout the Gulf wars and to this day!
In short:
For every significant rise in INFLATION experienced by users of a currency…..there is a corresponding decrease in the valuation of such currency, or in other words (devaluation).
The last 30 years have shown average house values rise from US$100k to 450k, and back down to US$ 300k. Oil prices have gone from $1/gal to +$4/gal, and back down to $2/gal. We’ve all witnessed increases in Insurance, Electricity, Food Prices, Electronics…just about everything.
But during this period a curious thing happened that really has not surfaced or been a major subject of discussion……how much the dollar is worth in comparison to other currencies. Many of us who have been fortunate enough to make a good living and have travelled to Europe are well aware that travelling to Europe over the past few years has been “unaffordable”, yet at the same time here in the states we’ve been seeing planeloads of Europeans coming here to frolic on vacation and buy goods which in some cases due to the really cheap bargains can actually pay for the trip itself.
Folks, we were all bamboozled by the previous administration into believing that we had a healthy 3-4% annual inflation rate….but how could this be with property, commodity, and fuel prices along with the price of living all increasing at a real rate of 11-15%. According to GAAP, FASB8 & FASB52 (old school rules) and sustained inflation in excess of 10% for 3 consecutive years is ruled a “Hyper-Inflationary” economy!
You can’t have high inflation without a corresponding devaluation of that currency…it’s just a natural effect caused by balancing external balances in the global trade system. This effect is not something really noticed by the local population and users of a currency because everything is all relative…salaries go up, cost go up, house values go up, mortgages go up,…etc. In the past, interest rates also went up…causing a barrier to further inflation in the cost of goods of an economy. More recently under the reigns of Alan Greenspan…Interest Rates were held artificially DOWN, thereby prodding Growth in values of everything, houses, cars, electronics, just about everything.
So in trying to keep inflation at bay….they actually inspired it. All the while, the EURO and other Currencies increased in Strength relative to the US Dollar. But who cares?....We don’t need to travel to Europe anymore its dangerous anyway right?
And the dollar continued to erode in Value. The eroded value also meant it cost more dollars to buy Petroleum and other foreign goods, therefore even higher prices!
Well, at some point it had to stop.
I’m happy to report that since the bubble burst in Oct 2008 up through the end of the year….we’ve seen a DROP in US$ values in homes, investments and commodities of about 40%. Of course the doomsayers will say that it’s only going to get worse…but let me just open up the possibility that….well…there are already signs that things are getting better!!
What….are you crazy??? (You may be yelling)
Nope….see, already the US$ has strengthened to the tune of 23% since JAN 1st 2009 thereby increase purchasing power OUTSIDE the US in Europe and elsewhere! With our currency stronger…we can leverage more in any deal we deal. We’ve taken the hits and are redirecting our investments and long term strategy!
The reverse also holds true….a deflation also causes a correspondingly inverse reaction in the value of a currency thereby cause a VALUATION increase in the Dollar.
In real terms…..although our houses are worth less (in relative terms to US Citizen’s) they are actually worth MORE from a foreigner’s perspective who would like to live here!!
In other words, the demand for US LIFE is actually higher as evidenced by the higher entrance cost required.
That’s called “Appreciation” and that’s why I say, things are moving in the right direction!!!
Fermin F. Iduate Intelligence Advisor - Enterprise Performance Management
& Business Intelligence
Turning Point Group, LLC
8470 SW 148th Drive Miami, FL 33158
M +1-(786)-556-5415 (cell)
F +1-(786)-427-1360 (fax)
Confidential Information
The information transmitted is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons of entitles other than the intended recipient is prohibited. This information shall be keep as confidential and should not be disclose to any third party without the written consent given by the party who transmitted such information. If you received this in error, please contact the sender and delete the material from any computer.
La información transmitida es para el uso exclusivo de la persona o entidad a quien va dirigida, y contiene información de carácter confidencial o privilegiado. Se prohibe a cualquier persona o entidad distinta al destinatario, cualquier revisión, retransmisión, distribución u otro uso de la información trasmitida. Esta información confidencial no podrá ser de ningún modo divulgada, revelada, entregada o transmitida a terceros, salvo autorización previa y por escrito de la parte emisora. Si recibió este mensaje por equivocación, atentamente le solicitamos eliminar la información.
Posted at 03:20 PM | Permalink | Comments (0) | TrackBack (0)