I hope you enjoy your Sunday Morning Coffee page. It is here to inform, have fun and enlighten your day. Dip in and out during the day, put your feet up and relax. Have a coffee and enjoy.
This weeks edition is packed full of information and stories. Engage and humour me, please have a read and comment. Click like if you feel like doing so. Don’t forget to make your coffee first.
Sunday Morning Coffee ‘The Headliner’
Welcome to the Sunday Morning Coffee – Buffy
The headlines this week have reflected the status of the economy and the outlook we have to look forward to. To nobody’s surprise, the forecasters says that “the global economy is projected to contract sharply by –3 percent in 2020, much worse than during the 2008–09 financial crisis “. If your into more torture then visit oecd.org later.
Some of the stories from just one day, all are scary and real. A jobless and monetary hell in fact. A dark pit of despair. Please read on as there is some fun in my article, I promise.
- New car registrations fall by 35 per cent as coronavirus hits demand
- Pret a Manger to close 30 stores, putting 1,000 jobs at risk
- 1,900 jobs go as Cafe Rouge and Bella Italia enter administration
- Vouchers? VAT cuts? Maybe the economy needs a different therapy
- Unemployment set to surge to 3.5 million, businesses forecast
- UK house prices have fallen for four months in a row, UK house prices in longest decline since 2010 after four consecutive monthly falls
- The capacity of Britain’s economy will be reduced by 5 per cent until a coronavirus vaccine is found, according to a report.
- Mortgage approvals fall 90% to record low in May amid pandemic
- Packed beaches show that much of Britain is enjoying not working
The one that caught my eye, was the last one that I put on the list. ‘Packed beaches show that much of Britain is enjoying not working’. I thought “that has not been me”. Reflecting on what I have done during and after lockdown, I read my May review publication again and I had written and posted this week my June review. I felt back in April with little prospect or hope of working freelance then or now or even this year, I needed to keep my hand in. I decided to write about what I had done during my working life. This with a view to generating some work at some point.
I have not sat on a beach. Instead, I set out to relive some of my highs and lows during my career in I.T. Services and Financial Services. I’ve had some feedback for my recent postings. One was “Great article from Ken, a highly qualified and experienced consultant that I had the pleasure of working with at GE” (Thanks Shirley Atkinson). This brought a smile to my face and an acknowledgement for my endeavours. I’ve happily and freely given my knowledge and experience to companies and people over the years.
While sitting on a beach would have been very nice. I wanted to keep my hand in, if you know what I mean. I was told when I was very young by my parents, “Nothing good comes from boredom.” It’s said that idle hands are the devil’s workshop, an old saying dating at least as far back as Chaucer in the twelfth century who called idle hands the devil’s tools. … IDLE HANDS ARE THE DEVIL’S TOOLS – “Idleness is the root of mischief”. Not wanting to become bored or a devil, I set out to inspire others and myself, with my rambling stories. By the way in between writing I’ve started to re-watch from the beginning ‘Buffy The Vampire Slayer’. hence the devil’s comments.
In Buffy the storyline is fairly simple. Take a large number of vampires, a highschool full of young blood (people). The vamps led by the Master, and not the one from Doctor Who. A slayer, a white sixteen year old girl, who is supported by some a couple of nerds and an Englishman and an Angel. Really the vamps were up against it from the start. All you need is a pointy stick to win and a cross.
It’s fun to watch. (A young woman, destined to slay vampires, demons and other infernal creatures, deals with her life fighting evil, with the help of her friends). Together, Buffy & co. will slay their demons, survive one apocalypse after another, attend high school and college… and above all, understand that growing up can truly be Hell sometimes. How this fits into my Sunday Morning Coffee edition? It doesn’t, somehow the devil led me here.
The “devil is in the detail” is another quote I hear you say. A form of buzzword bingo is appearing to evolve. Well it did keep me occupied on a few business calls! A the start of a project is vital to record and document, before jumping into the develop and build stages. Don’t be led a stray and move onto the fun project bits, they rarely turn out to be that way.
Most organizations have experienced projects that did not end on time, were over budget, or changed in scope over time. There are many pitfalls that can sink projects. take the Millennium Dome project, it had a hard deadline. One way or another the dome would be there on time. On budget No. It was an achievement for opening the Millennium Dome on time. Projects should only proceed if there is a clear full life cycle assessment cost of the project.
At the time of construction it was considered as the mega structure in the world with respect to its size the Dome had a theme park and a scientific exhibition both which is entitled as the Millennium experience.
The Millennium Dome closed on 31st of December 2000 because it failed to attract the number of visitors which was expected to visit the place and results in many financial problems. As a result the Dome has been sold and converted into a entertainment arena. Small fact, my wife and I were one of the last visitors to the dome. I’ve always wondered what Plan B was? Contingency planning is another topic to be considered when starting out on a project.
In every generation there is a chosen one. This week, I’ve continued to look at project strategies. A difficult topic at the best of times. Someone has an idea and wants to jump straight to the solution, sounds familiar? In Monopoly terms, it’s the let’s roll the dice, with the result of going straight to jail and not getting out. I’ve posted another update this time about what makes a successfully business case.
Project Business Case This will be why you can justified the project to the project board. The business case is used to say why the forecast effort and time will be worth the expenditure.
Along with the benefits that will be realised by completing the project. Most organisations have experienced projects that did not end on time, were over budget, or changed in scope over time. There are many pitfalls that can sink projects. To mention a few: lack of senior management, unclear project objectives, scope creep, gaps in communication and lack of visibility of all projects
Where as the Dome project failed due to a lack of vision: The project was not properly planed; they were unclear with the scope of the project. The original plan was to transform the Millennium Dome into a soccer pitch for use of one the teams of London but in the end none of the teams seems interested. At the end the British Government decided to find the appropriate buyer because the cost of maintenance was too high, it was reported to be £1M per month. The list of reasons it failed are long, which i won’t go into to here.
In conclusion project failure is preventable with good project planning. The Dome was sold at a loss and became an entertainment arena, which up until the virus was making an operating profit.
I have a lot more stories, until next time.
As a business leader or owner, we can help you with strategic decisions and delivery them. We are available now for work, contact us.
“Vast Project Management Knowledge and Experience”
Ken Mulley-Smith And Roger Smith are available to work now. Contact us. We both have vast Project Management knowledge and experience in the space of Financials (Oracle and SAP). We have managed large scale changes for businesses over the last thirty years.
As a business leader or owner, we can help you with strategic decisions and delivery them.
We are available now for work, contact us. Read more of what we can for you.
Pro-tip: Business Case
Pro-Tip of the week. Business Case
The business case is used to say why the forecast effort and time will be worth the expenditure. Along with the benefits that will be realised by completing the project.
I’ve lent knowledge and experience to companies across the UK, Europe and the world with Information Technology Solutions.
What is needed in a Project Brief Outline Business Case?
A brief summary description of how the project supports the business strategy, plans or programme, and the reasons why the project is needed. An indication of potential benefits and costs. An indication of how the benefits will be realised and who will own the process of realising the benefits..
Stakeholder Quality Issues
The quality issues that are most important to the customer and or other stakeholders. For example, is timeliness of delivery more important than how rich the functionality or the long term maintenance is? At this stage keep this short and focus on the key issues. What would stop the project from starting? What would potentially derail the project if started? The quality issues listed here will influence the approach. Did someone say Dilbert wanted a purple database?
“Right now, this is a job. If I advance any higher, this would be my career. And if this were my career, I’d have to throw myself in front of a train.” Jim Halpert, The Office
“The light at the end of the tunnel has been turned off due to budget cuts.” Anonymous
“The most ineffective workers are systematically moved to the place where they can do the least damage: management.” Scott Adams (Dilbert)
If a bunch of nuns wanted to help small business, they could create their own small business writing business plans… And call it ‘Nun of Your Business’ Anonymous
A CEO wants to hire a one arm consultant…
When asked why he wanted a one arm consultant he said…
“I have had many consultants, and I am tired of hearing with each advice the phrase ‘on the other hand’.”
Read last weeks Sunday Morning Coffee Here – Monopoly ‘Project Strategies’
This week, I’ve been looking at project strategies. A difficult topic at the best of times. Someone has an idea and wants to jump straight to the solution, sounds familiar? In Monopoly terms, it’s the let’s roll the dice, with the result of going straight to jail and not getting out.
Read last weeks Sunday Morning Coffee Here – Monopoly ‘Project Strategies’
June Review Out Now
I’ve spent the month of June during the extended lock down, creating content to explain my business I.T. services and solutions. My brother Roger Smith has also joined the fold and you can read about him as well. I’ve also had a bit of fun writing a Sunday Morning Coffee column. I am an I.T. Consultant professional, everyone can use a little help from a designated professional. It’s been a busy month sharing our knowledge and experiences.
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Everyone can use a little help from a designated professional
Everyone can use a little help from a designated professional. When it comes to managing the different aspects of your business, an IT consultant can help with many different facets.
As a small business owner (or medium-sized business owner), you are in charge of all aspects of your business. You may have to tend to many different things you would rather not have to. This may include, being the administrator, salesperson, marketing lead, and even in charge of Information Technology (IT). Taking one or more of these jobs that don’t quite relate directly to your business can help you focus on the things that matter most.
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