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Most of us want to work on projects that make a difference. So we have to deal with risk.
Project managers talk a lot about risk. They prepare risk registers. They analyse impacts and probabilities. They define strategies to mitigate risks.
Then they do nothing.
The allegations that the world's most famous cyclist, Lance Armstrong, became the most accomplished athlete ever in his sport through the use of performance enhancing drugs has stunned the world.
And the scandal that has erupted has sent shockwaves through the offices of the brands associated with Armstrong.
Not surprisingly, Armstrong's sponsors are cutting ties with the now zero-time Tour de France winner as the sports world comes to grips with the tactics he allegedly employed to win.
The fact that more and more companies are coming to accept and embrace the f-word -- failure -- is arguably a good thing. After all, for many organizations, fear of failure has been an impediment to progress and innovation.
But the fact that an epic fail here and there can lead to success shouldn't delude business owners and executives into believing that all failure is created equal. To get the most out of fail, a company must fail properly.
To join or not to join. When it comes to new social sites, that is the question brands must ask themselves.
While social networks like Facebook and Twitter continue to be dominant, services like Pinterest and Instagram are attracting more and more individuals. Even Google's social network, Google+, which many were skeptical about, has managed to grow into a respectable channel with more than 100m active monthly users.
From infrastructure-as-a-service (Iaas) all the way up to software-as-a-service (SaaS), more and more companies are heading into the cloud.
There are plenty of good reasons. Using a cloud offering can often reduce a company's technology capex, and pay-as-you-go pricing is an attractive proposition for companies burned in the past by large, expensive technology initiatives.
The IPO market is alive! From Yandex to LinkedIn, some of the most prominent consumer internet companies in recent memory have gone public recently, and more are on the way.
One of the most intriguing filed to go public late last week. Zynga, the social gaming juggernaut which is responsible for modern-day hits like Farmville, plans to raise $1bn.
Last week, I wrote a post detailing five APIs that I think developers should know about. The reason: they offer useful functionality that most developers (and entrepreneurs) aren't going to want to build from scratch.
The post hit the Hacker News front page and sparked an interesting discussion. One participant, 'Figs', wrote, "Building software on top of someone else's web api is a really, really bad idea."
Two words are increasingly surfacing in discussions of an internet that becomes more and more social each day: 'privacy' and 'security'. The reason: the social web seems to be increasingly eroding personal privacy and introducing new online security concerns.
Many groups believe that something needs to be done, and it appears that governments are starting to eye action of their own. But is it too late?
Malcolm Gladwell has a knack for distilling interesting observations and drawing bold conclusions.
He's at it again in a fresh New Yorker piece. In it, Gladwell argues that successful entrepreneurs aren't really the prolific risk-takers they're made out to be. What are they? They're predators who pinpoint opportunity and swoop in just when the time is right.