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Visio Guy

Visio Guy
Related:  Wardley Value Mapping

Types Of Commodities All commodities are fungible, but not all commodities are created the same. Generally speaking, investors break commodities down into two categories: "soft" and "hard." Soft Commodities Soft commodities are typically grown, while hard commodities are typically mined or extracted. Many soft commodities are subject to spoilage, which can create huge volatility in the short term; if you're sitting on 30,000 pounds of cocoa beans and the price drops, you might have to dump them onto the market whether you want to or not. Producers are often large players in the "softs" market. Hard Commodities "Hard" commodities are typically mined from the ground or taken from other natural resources, e.g., gold, oil, aluminum. Because "hard" commodities are easier to handle than most "softs," and because they are more integrated into the industrial process, most investors focus on these products. Emerging Commodities We cover some of these emerging commodities in depth in Hard Assets University 202. Next Up?

The Matrix of Change References (76) 1. J. Hauser and D. 2. 3. 4. P. 5. 6. Hauser and Clausing (1988). 7. 8. Hammer and Champy (1993). 9. R. 10. W.J. 11. 12. 13. 14. 15. E. 16. Milgrom and Roberts (1990, 1993). 17. 18. 19. 20. 21. 22. 23. J.M. 24. 25. 26. 27. B. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38. Milgrom and Roberts (1990, 1993); and D.M. 39. 40. D. 41. 42. 43. 44. 45. 46. 47. 48. Croson and Nolan (1995); and N. 49. 50. 51. 52. 53. C.C. 54. a. O.E. b. W.W. c. and Show All References

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How to make the most of an IT buyer's market Page 2 of 2 But as CIOs and vendors increasingly become bedfellows, the IT world is drafting its own version of a prenup. For instance, when UHN began vetting vendors for a new managed service contract, Forbes insisted that each interested party develop a five-year plan illustrating how unit costs might change over time. Another way Forbes gained an upper hand in negotiations was paying research firms, including Gartner and PricewaterhouseCoopers, for market analysis on IT service prices such as help desk costs and server fees -- industry benchmarks that provided "a viable opportunity to negotiate cost reductions right upfront before signing a contract," he says. Such an informed approach to negotiating pays dividends, according to Cole, who says he once talked an IT vendor into reducing the price of a system by $3 million. Faced with dwindling bargaining power and better-educated customers, many vendors are sweetening the pot by offering cost-effective bundles of services.

Bits or pieces? Feature Driven Development (FDD) and Agile Modeling Feature-Driven Development (FDD) is a client-centric, architecture-centric, and pragmatic software process. The term "client" in FDD is used to represent what Agile Modeling (AM) refers to as project stakeholders or eXtreme Programming (XP) calls customers. FDD was first introduced to the world in 1999 via the book Java Modeling In Color with UML, a combination of the software process followed by Jeff DeLuca's company and Peter Coad's concept of features. As the name implies, features are an important aspect of FDD. As you see in Figure 1 there are five main activities in FDD that are performed iteratively. Figure 1. Figure 2. FDD also defines a collection of supporting roles, including: Domain Manager Release Manager Language Guru Build Engineer Toolsmith System Administrator Tester Deployer Technical Writer FDD's five steps are supported by several best practices. How would Agile Modeling (AM) be applied on an FDD project?

On mapping and the evolution axis For a long time, I've been using maps of industries, businesses and systems to determine gameplay, management, learning of economic forces and how to manipulate markets. The map has two axis - one of value chain (which represents a recursive set of needs from user needs to supplier needs) and the other of evolution. See figure 1. Figure 1 - a map of HS2 The first maps I produced were in 2005 and at that time whilst I suspected and had examples of a pattern for evolution (from the genesis of an act to commodity provision) , I actually had no way of describing why it occurred. Figure 2 - Different diffusion curves for maturing instances of the same activity The solution to the problem occurred during a chance set of conversations in which I noticed that whilst people could agree whether something was a commodity when it came to products and something novel (i.e. the genesis of an act) then disagreements abounded. Figure 3 - The Stacey Matrix Figure 4 - type of articles Added 27th July 2014

Everything evolves ... Everything, by which I mean :-every activity (what we do)every practice (how we do something)every mental model (how we make sense of it) ... evolves from chaotic (poorly understood, rare) to more linear (well understood, commonplace). This manifests itself in several ways. Hence :- For activities we have the evolution from genesis to custom built examples to product (with rental services) to commodity (with utility services).For practices we have the evolution from novel to emerging to good to best practice (aka Cynefin framework)For data we have the evolution from unmodeled (e.g. we don't know what the structure is and hence we call it unstructured) to modelled.For every scientific pursuit we have the evolution from concept to hypothesis to theory to universally accepted. However, I've been asked a couple of times recently about chaotic to linear, so I thought I'd add a number of graphs which outline the changes and then summarise in the last two.

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