Task Management

Task management is an underserved niche. The monthly search for task management are less than 10% of those on project management. Task management is poise to growth and become central. It answers a fundamental business need and it is underserved by available business applications. Every manager does task management somehow. They are either using Outlook calendar or to-do list applications. Outlook and To-Do list have a very limited capability for scaling to business needs of operations. Continue reading

Moody’s rates Moody’s’ negatively.

Moody’s gave the best rating to PCAA in 2007. Desjardins lost 591 million because of PCAA in the last quarter of 2008.  In 2009, Moody’s express warning on the Risk Management at Desjardins since  they do not manage properly complex financial products such as the PCAA.

It appears that overconfidence in Moody’s was one of Desjardins biggest mistake in this matter. The irony here is that Moody’s rate negatively institutions (Desjardins) that are in difficulty because they relied on Moody’s positive rating of certain financial product. It sound like Moody’s rates Moody’s’ negatively.

The Credit Crisis

The current financial crisis is a serious situation because it affects the foundation of the banking system: trust.

In most cartoons, the image of a bank is that of a safe behind bars, protected by security guards.  This concept represents the essence of a bank, a place you trust to keep your money.  Trust is so important that in a bank, all decisions are based on the impact that the decisions will have on the bank’s reputation.

Many years ago, banks realized that they could lend money in return for an interest rate.

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The 10 most common design mistakes on the Web

  1. Not understanding the nature of the Internet.  Too often, design teams think of the Internet as a pushing media such as television or radio. Users’ behavior on the Internet is different than when they are reading books or newspapers, listening to the radio or watching television. For example, when browsing, users have goals and look for information.  If they don’t find what they are looking for, they will leave the page after 8 to 12 seconds.  Users scan web pages.  They don’t read.  If something looks like an ad, they will rapidly look someplace else.
  2. Continue reading