Scrum Transformation: How Transparency Is Offered

I was having a conversation with a good friend of mine over "transparency" and the effect of Social Media. It amazes me how the new generation so easily communicate their day to day activities and how they feel with no fear. With the help of technology they are a generation of openness.

Yet organizations have not caught on to this. To transition to scrum you need a dedication and commitment to transparency. It is not only one of the five scrum values, it is crucial to the success of any transformation. With openness there is trust. Without trust your project is doomed to chaos and potentially fail. In scrum, transparency is offered through the scrum ceremonies. Let's walk through these.

Sprint Planning:

In sprint planning the team and product owner work together in determining what work will get pulled into the sprint. The team should openly communicate when a story is too large or not ready to pull into the sprint. Design approach is established, tasks are openly defined. The team communicates what they plan to deliver. They also communicate what criteria defines done for them.

Daily Stand Up:

The stand up is yet another opportunity for transparency. It is all about sharing information and identifying dependencies. The team should discuss how and what they plan on doing that day. This is all about communicating the plan of the day and what blockers or impediments the team has crossed. The power of the stand up is often under estimated. Many new teams feel it is unnecessary, not really understanding the value it offers.

Demo (Review):

The demo is held at the end of each sprint and facilitated by the product owner or scrum master. It is all about showing the product owner, stakeholders, and or sponsors the work that was completed. The team shares the work that was committed, the challenges over come and listens for feed back. Sponsors, stakeholders, and or product owners provide open feed back to the team. It is important to understand this ceremony is an exchange, and not an opportunity to thrash the team or hide behind requirements. It should have a cooperative and friendly feel.

Retrospective:

The retrospective is an opportunity for the team to openly discuss what went wrong, and how they can improve. It is a tool to review and improve the dynamics and processes of the team. This is another ceremony not used properly and sometimes not performed. If used correctly it should motivate and help solidify the team.

By Leonor Urena

Cloud Computing In a Nutshell

We all heard the term 'Cloud Computing' and we've all probably said Cloud this or Cloud that at some point in time, but what is the 'Cloud' and how can it help me?
Don't you just hate it when there is a new trend and everybody is talking about it like they invented it? They'll usually use complicated verbiage to try and confuse you as much as possible into buying or overpaying for something you might not need at all or at least not at the volume they are trying to sell to you. Well, I can promise you that won't happen here.
So what is Cloud Computing? Cloud Computing is a way of using a collection of servers and storage to do what you would normally need to do but without the need to house and maintain the server(s) yourself. With the use of a 'Cloud', you can now run an entire business without ever maintaining a server or storage unit yourself or with the aid of an on-site IT professional. Some might ask, "What's so good about that?" Well, it increases efficiency, improves cash flow and a lot of other benefits I will review shortly.
Before I dive into the benefits, we need to start with knowing what a 'Cloud' is made of? Now this might get a bit boring, so let's just walk through the basics... and quickly.
First you need a platform. Since Cloud computing is basically a virtualization evolution, it needs to run on a virtualization platform. I won't dive into this because then it will just become a Wikipedia page. In short, you take multiple machines that are connected together and virtually make them into 1 machine using an application/software.
Once we chose the platform, we need to run it on some hardware. Dell, HP and IBM are currently the giants within the Enterprise IT industry that most 'Cloud Computing' uses for hardware. Due to the level at which their hardware is used, you can expect the same from their proprietary software. Most IT professionals who maintain these virtual environments will probably be most familiar with those brands since it's the most common.
The last segment is the network configuration. A Single cloud node will act like a management platform that can manage all the different zones in multiple geographic areas, from a single point.
And that is basically all you need to build a cloud. Now that we've analyzed the ingredients (only the basics so far but if you're interested in the individual components that make up the cloud let me know and I'll go over them in more detail J) let's touch on some of the benefits.
So what are some of the benefits of Cloud computing?
1. Security, mainly disaster recovery services - When you start using cloud computing, you can kiss your entire disaster recovery plan goodbye. If you have a cold site it's one thing but if you have a hot site, man you have probably spent a LOT of money! And I mean A LOT. Cloud computing will take care of most of the issues that interrupt a website and will do it faster as well. An industry average of 2.1 hours. Compared to 8 hours?! Wow.
2. Software Updates - Have you ever measured how long it takes you, as a server administrator, to run updates on all your servers? Well, days and even weeks, in accumulate. Cloud computing suppliers do the server maintenance, freeing this time so you can do something more productive for your business.
3. Flexibility - Are you running out of space? You need more bandwidth? Pick up the phone and start dialing. That's all that it will take for you to get more bandwidth or storage. No need to redesign your network with a new server purchase, deployment, and maintenance plan. Not anymore.
4. Server access - As long as you have one, you can access your data from anywhere!
5. Data Security - You lost your laptop? Someone stole your rack server? Your workstation caught fire? Bummer! But what if there was this crazy option that despite all this bad luck, your data won't be lost and is still accessible via any device that has an internet connection? See #4, now there is.
There are many more benefits, but those are the ones that are the most appealing, in my opinion.
I do believe that Cloud computing is here for the better and not so long from now, everything will be online via cloud. But it's not going to happen tomorrow and not this year. This is still a long and patient process. In the meantime there are suppliers currently providing all the equipment to create your own cloud, consultancy on how to run and maintain it, including deployment, support, mission critical on-site and backups.
Thank you for reading this long article. I hope this has helped you understand a little bit more about what is that trend called 'Cloud Computing', hopefully before you started spending.

By Yuri Aberfeld

How Firms Can Participate In Ensuring a Free and Fair Market

As the world becomes a business hub, firms are making transactions globally. There is a tremendous increase in trade transactions all over the world. The financial exchange market has transformed over the years with the use of technology to ease the way of doing business. Beneath this increased profitability, it is becoming imperative for trade surveillance system to be enhanced to deal with any eventualities. The organization needs to empower and give the capacity to oversight department to monitor the trades through regulations and the abusive use of technology. Some of the ways the organization can increase the effective trade market surveillance in order to curb unfair trade practices using market abuse technology are listed below.

- With tough laws and regulations, the organizations need to ensure that employees conduct pre -trade market surveillance to ensure that transactions are conducted within the law to prevent any breach of policies that may occur in the process. This will boost investor trust leading to business profitability.

- With the post - surveillance, it monitors the transactions already conducted in companies to ensure they were done correctly following the laid down rules and regulation. This creates a market that is controlled and guiding principles are followed to the latter.

- Business is created with the core mandate of making profit, with an effective market security system installed in the organization structure; the company can know the strength and weakness which need to be addressed for effective market observation in the business trading.

- A good detection will enable a host company to notice any rogue under-dealings and manipulations of activities happening during trading activities.

- The business, through the use of advanced technology, can install a system with a standardized threshold which will be triggered whenever a rogue activity is undertaken in the organization.
- Management should frequently and timely analyse trade activities, reports and monitor the trading patterns to be able to know what is being undertaken by the employees of the organization. The behaviour of the workers should be monitored.

- Investigate, analyse and resolve promptly the cancelled trades in good time to keep the reputation of the organization intact.

- Before traders are able to invest their money, the organization should ensure that the investor has the needed amount which reaches the threshold, and it does not surpass the trading limit. This will make sure that the client does not pay less or more during the trade process.

In conclusion, it is important that the organization managers enlighten the workers about the benefits of using market abuse technology to increase trade surveillance and at the same time the firm should motivate employees to be able to reduce cases of abuse of technology during trade activities.

By Pankaj Pk Sharma