One of the biggest advantages of having a CIO is that this position is about researching and analyzing new trends that could benefit the organization.
The SWOT framework helps to facilitate the discussion with stakeholders on what the business should put attention to, and what opportunities could be taken into consideration that will drive business growth.
Time to market is essential and projects usually have budget constraints which means that they cannot be developed for a long period of time without producing value to the customers or the company. Therefore, it is necessary to pick what must be created first.
Zipcar changed the industry by bringing a Web 2.0 approach into the field. They try to use automatization for most of the tasks that could be done by a person inside a traditional rent-a-car service.
The roadmap informs all stakeholders of the status of the product and what they should expect in the next months in terms of releases. Of course, this is a living document, and feedback from the users or reacting to the market might change the product roadmap.
What used to be a blue ocean for Netflix as the innovator in the streaming services business, has become a red ocean where everybody is trying to get a piece of the pie.
Boeing should have tested the parts and features of the plane before promising the public as integral features to expect in the 787 Dreamliner line. For example, if they have tested the lithium-ion batteries with parameters similar to the ones facing airplanes during a fly before delivering the planes, they could have found most of the issues and avoided bad publicity in 2013
Since Lego creates products based on movies and other characters, it’s a good way to stay relevant and evolve with the popular items on the market.
The Net Promoter Score is calculated by getting the percentage of customers that responded with nine and then (Promoters) minus the percentage of the customers that responded from zero to six (Detractors).
Believe it or not, a lot of data analysis can be done with Excel without having to jump into Python or R. Most of the time, a pivot table in Excel can answer the business questions needed by management to make timely decisions.
In most cases, cloud computing makes sense for a start-up company because it saves money. For example, a small team of developers or small companies could have access to a top-of-the-line platform by just using PaaS or IaaS that competes with the leaders in the field.
For a lot of cases, I believe that it is no necessary to monitor if you take the proper measurements. Most of the monitoring can be avoided by just blocking the sites that employees must not visit at work.