Archive for June, 2009

Finance for Non Financial Managers

Thursday, June 25th, 2009

Over the last month I have been taking a part time finance course (Finance for Non Financial Managers). Although I come from an accountancy background I love finance as it is such an important part of business.

Although I have a technology role within the business, it is very important to understand the finances of the company. You will need to assess the health of the company and how well it is performing by analysing the monthly management accounts. The profitability of the company will affect your bonus, or the stability of your job if you do not share in the profits of the company.

Having a sound knowledge of investment appraisal techniques can help you make decisions on whether to spend money or whether you can use the money in more efficient ways.

The Course

The course is very easy to understand and is very well structured with both computer based learning and a workbook that is perfect for my commute into London each day. The material covers a lot of different industries and has a lot of exercises where you can add your own figures.

I would highly recommend the course for someone who wants to understand financial jargon and have a clearer picture of how healthy your company is. In these tough economic times good financial management can mean the difference between survival and extinction.

How Do Your Competitors Describe Themselves?

Wednesday, June 24th, 2009

As part of our drive to define and communicate our brand values, I thought that it would be a good idea to have a look at some of the big agencies out there to see what they communicate. There is  a real mix there in terms of language, tone of voice and style. I love some of the statements in the list and it has given me a lot of inspiration when writing the statement for Busara.

I have outlined some of the key messages below:

http://www.bigspaceship.com/
“Big Spaceship is a digital creative agency”
“An innovation-led digital agency, we create and evolve deeply engaging experiences, products and relationships. ”
“We are all specialists in what we do (whether that’s UX strategy, 3D design or something else), but nobody lives within the confines of a single role. At the core of our philosophy is this: everyone is creative.”

http://www.pokelondon.com/
“Poke is a creative company. A creative company that focuses on inventing and making interactive things.”
“If that sounds a bit vague and a bit wooly we don’t mind that. We’d rather not put ourselves in a box that might limit how we’re thought of and what we’re allowed to do. Especially as it’s all changing so fast.”

http://www.soup.co.uk/
“Soup is an award winning, independent digital marketing agency”
“Whatever we do, creativity is at the heart of it – because we believe that’s what makes people click.”

http://www.alexanderinteractive.com/
“We’re a web design and engineering firm formed by creative, inquisitive people who all share a commitment to three principles as simple as they are ambitious.”
“First of all, we believe that really good design not only looks good, but works well.”

http://www.pod1.com/
“Creative digital agency”
“Pod1 is a growing team of 50+ creative, strategic and technical specialists all extremely passionate about the digital and creative industries and what they do. We’re an independent creative design and digital agency and have offices in both London and New York.

http://www.f-i.com/
“Interactive firm”
“Fi delivers premium interactive services and media platforms. Fi has worked with and continues to attract world renowned clients.”

http://www.preloaded.com/
“We do nice things, we could do them for you too”

http://www.digitlondon.com/
“How do you capture the essence of our studio, our people? The banter-ful mix of designers, creative technologists, hackers, producers, planners, thinkers, doodlers, DJs and a dog is difficult to transcribe”

http://www.airside.co.uk/
“Airside is a creative agency working across the disciplines of graphic design, illustration, digital, interactive and moving image.”

http://www.ustwo.co.uk/
“Is a creative design studio in London specialising in in pioneering graphical user interfaces , that drive the products and services of some of the world’s leading brands.”

Brand Values – What Does Your Business Stand For?

Tuesday, June 23rd, 2009

This is a bit off the topic,  but I believe in a holistic approach to technology and business and one of the most important aspects of your business is how it is perceived and what is stands for.

The message of my company Busara is currently very muddled; if you go to the home page of our website you will see it says that we do digital, web, branding and print. If someone asks me what Busara does I cannot articulate it and this shows itself in the messaging of our website and printed collateral. Looking at the business from a detached point of view, the messaging is very confused and this is the case with a lot of small companies that have grown very fast; they have not had the time to decide what the company stands for. Larger companies have people or even whole departments dedicated to promoting, developing and communicating brand values.

Rationale

So today we had a workshop with Alison Down who is an Executive Coach specialising in brand engagement and has worked in many iconic companies including Apple. She came in to help us distil what Busara does and what our brand values are to help us communicate to clients. The session lasted about four hours and in that time we got feedback from our clients and colleagues to see what their external view of the present brand values are.

Busara has recently gone through a major transformation where by myself and the creative director Kin are now major shareholders in the business. This means that Busara has gone from 100% sole ownership to more of a partnership with multiple owners. As such this is a chance for us to really take the bull by the horns and put our stamp on the values, vision and direction of the company. We all want to create something we are proud of and that will flourish for years to come.

Step 1: About Us

Workshop 1 - Arif & KinThe first step before we even considered the brand was to find out about ourselves. A company reflects its owner’s personality, aspirations and dreams. Through a series of questions we found out what makes us tick when we are in the zone. Alison asked us to recount a time when we worked at our best, when we really enjoyed ourselves and what brought out the best in us.

The result was the image on the right which showed our top three or four characteristics for each of us A (is me Arif) and K (is Kin). This was very interesting as myself and Kin have always worked so well together and the that was reflected in the cross over and complimenting of our best skills.

Step 2: What Busara Does Well

Workshop 2 - What Do Well 1Workshop 3 - What Do Well 2Now that had established what made us tick we moved on to what Busara currently does well. This gave us an idea of what strengths we should be highlighting and shouting about to clients.

We went through some of our case studies looking at successful projects, we analysed what people remember about us, we looked at the strengths of the team and also their individual strengths. We looked at our existing collateral to see if there was any phrases that we liked that highlighted what we are good at.

Step 3: Big Buckets

Workshop 4 - Big BucketsThen we wanted to find the big areas that we wanted to focus on from our strengths. These big buckets highlight the main three or four areas that we want to hang our hat on. They were very raw and not very refined but we were slowly honing in on what we are.

We ended up with the following buckets:

  • Strategic/ lateral thinking
  • Exceptional design
  • Beautifully crafted technology solutions
  • Credible experience with big brands
  • Solving client problems with creative solutions

Step 4: Elevator Pitch

Workshop 5 - SentenceWorkshop 6 - Sentence OptionsThen after a short break we each had a go at writing a mission statement based on the big buckets listed about. We did it very quickly myself and Kin had about two or three minutes to write something very raw.

I came up with:

“Busara is a digital creative agency that delivers exceptional design with beautifully craft technology. We have expertise working with big brands solving problems with creative ideas.”

Kin wrote:

“Busara are creative thinkers who solve client problems. Our credible expertise is backed up with the exceptional work we do with big brands.”

Conclusion

At the end of the session we then tried to combine our elevator pitches and ran into real problems. The reason is that myself and Kin have different visions for the business I see the company as a digital, technology company and Kin really enjoys the print and branding side of the business. This session was a very healthy way of finding out that we are pulling in different directions, this must be resolved before we can really move forward and grow. We spent about half an hour chatting and finally came to the conclusion that we cannot distil the vision of the company until we are both agreed on the direction we want to go. We are going to have another session with Alison in a week’s time to find some common group for moving forward.

Personally I really enjoyed the session and got a huge amount our of working in such a structured way with Alison, she brought a lot of experience to the meeting and acted as an independent facilitator when there were details to iron out.

I must stress that I am not a marketing expert and do not have a large amount of experience in this but as a business owner it is one area that I am really going to concentrate on, on a daily basis. Marketing, brand, culture, messaging and communication are the life blood of new and repeat business, they also help create a guiding vision for the people who work for you and build a culture where people enjoy themselves everyday.

What Does Agile Look Like?

Monday, June 15th, 2009

So you think you might already be using an agile philosophy. Here is my take on what agile looks like.

Agile Teams

It’s a team effort, agile teams tend to be small (ten or less people), they work very closely together in the same location if possible sharing the same code and development tasks.

There are short daily face to face meetings, with each person speaking for a maximum of two minutes on what they achieved the previous day and what they are working on today.

Working Software

People focus on outcomes not blame. The only measure of success is working software.

Delivering What Users Want

You work very closely with the client showing them the latest version of the software early and often to get constant feedback.

Business owners should make business critical decision, do not guess what the user wants ask them. Keep records of these discussions and your project progress in a wiki or blog that everyone can see.

Feedback

You get constant feedback from the code you are writing via automated build and automated and continuous testing. You will refactor often to make the code more usable and elegant.

Iterations and Sprints

Work progresses in small iterations (small blocks of time one to two week sprints), where you identify a set of features, implement and release them. Time boxing means that during an iteration features can be skipped but the deadlines that cannot be extended. All the time demoing the iteration to the client to get feedback to check you are on the right track.

Business owners and the development team should work at a pace that you can continue forever.

Agile Software Development

Saturday, June 13th, 2009

In 2001 seventeen people got together to discuss a better way to develop software, these people coined the term “agile” and developed the agile manifesto to describe a re-focused approach to software development. The main values of this new approach were:

  • Value individuals and interaction over process and tools
  • Working software over comprehensive documentation
  • Customer collaboration over contract negotiation
  • Responding to change rather than following a plan

“Agile development uses feedback to make constant adjustments in a highly collaborative environment.”

Basically it was a shift from a plan based approach to a more continuous natural style. You expect the requirements to change even late in the project and that is ok as you have a flexible results driven approach; responding to change is more important to following a plan.

The project is released in small phases to the client with constant feedback from the client to check you are on the right track. Constant communication between the team, the client and the business decision makers are crucial to the success of the project. Success is determined by working software that the fulfils the users needs.

So how do you know if you are an agile company? I will detailing my thoghts on that in the next post.

Introduction to Development Methodologies

Thursday, June 11th, 2009

I find that a lot of developers stick to one development methodology. Now while I personally like development methodologies as they have been created on best practice and proved empirically in real world projects, you need to learn to use the best tool for the job. I tend to mainly lean towards agile development.

The main development methodologies are:

Agile

Agile started from the agile manifesto and is designed to deliver the software your customer needs when it is needed. Unlike waterfall it allows you to react to the inevitable change in requirements even if they are late in the project. It is a set of values that cover planning, designing, coding and testing. Branches of agile include extreme programming (XP) and scrum.

Rational Unified Process

This is an iterative software development process developed by a IBM. It is not a rigid process but more of an adaptable framework that is tailored to the project and organisation.

Waterfall

This is a sequential approach to software development and typifies the Microsoft dominance of the 90s. You move from one phase to the next, as you do the previous stage is set in stone and cannot be changed. E.g. when you move from requirements to design you flow down the waterfall and cannot go back up.

I have never worked with waterfall but I have experience of the rest and will be sharing my thoughts over the next few days.

Chartered Project Management (APMP)

Wednesday, June 10th, 2009

Recently I have been studying for my APMP qualification which has taken up quite a lot of my time. It is a globally recognised qualification for project managers and carries a lot of weight when proving your project management credentials. I have spent most of my career managing large IT projects in one form or another, so for me the motivation was to get some validation on where my skills are at the moment.

The Course

The course syllabus was extremely interesting broadly covering:

  • Project management in context
  • Planning and strategy
  • Executing the strategy
  • Techniques
  • Business and commercial
  • Organisations and governance
  • People and profession

My experience is exclusively in IT so it was very interesting to see how engineering and other large scale building projects are managed and the different constraints they have on their execution.

The Training

I did a classroom course as this for me is the best way to learn with Aim Academy in London and the training was first class! We had a 4 day workshop followed by a weeks break and then a revision day the day before the exam. This format worked really well as the break gave you time to digest the content and let it bed down in your brain.

The Exam

The exam was held by an invigilator in London. It was a three hour exam where you have to answer 10 out of 16 questions, which are all written answers. Typically each question requires about 2-3 pages of A4 paper so my hand was very tired by the end as I am not used to writing on paper these days! The exam was very well structured to test your knowledge and all the questions seemed to be reasonable and not there simply to trip you up.

I came out of the exam feeling quite confident as I had prepared well and had been attentive during the study sessions.

The Result

I will get the exam results in 8-10 weeks so fingers crossed I passed. When I get the result I will let you know.

Summary

Overall the APMP is a superb course for anyone looking to validate or improve their project management expertise. I would have no doubt in recommending it. You will need a few years project management experience in order to understand what is going on, we had one person who came on the course with little experience and quickly found they were well out of their depth.

I would say that it is well worth attending a training course, I know some people who passed by just studying the notes but I think you miss the point that part of the qualification is to expose yourself to new ideas and different approaches and this can only be done if you put yourself in an environment with other excellent project managers from other industries.

What’s Next?

The next step for me is to perhaps take a course in a structured project management method such as Prince II, where as the APMP is about knowledge Prince II is about application. People who know me will know that I love learning and hate to stand still so I think some new course will be on the horizon soon.

Requirements Gathering – Finding What User Wants

Tuesday, June 2nd, 2009

Often in big blue sky projects there is no brief. The end users see an opportunity or have a problem and require a solution.

When there is no brief requirement gathering is a real skill and can involve the following tools:

Questionnaires

This is a quick method to get a wide range of responses from a large number of people. There are lots of online tools that will collate the answers for you. However this method is not widely used as it is subject to question bias and most people will not fill it in with enough care.

Interviews

One on one interviews with key users and stakeholders is an excellent way to find out what users really want. Face to face the interviewer (if they are experienced) can really hone in and find out what the key motivations are.

Observing

Watching people in their operational environment can be a good way to identify requirements, Ideo have made this technique famous as a route for innovation. This only works if you are trying to improve a product and not if the product is entirely new.

Focus Groups

Getting different groups of people together and asking them what they want and then really listening to what they say can be very productive in getting to the real requirements. It requires great skill for the facilitator to keep the conversations on topic.

Requirements Testing

Remember that once you have formulated your requirements they should go through thourough testing and review. Once they have been agreed by the sponsor they should be baselined and subject to change control to stop scope creep.

Back On Line At Last

Tuesday, June 2nd, 2009

I have not posted for the last month or so as I have had one of the toughest months for a very long time.I have been studying for my APMP exams which I will be posting about in the near future, I have moved house, my baby son has been awake all the time, and it has been mental at work.

I will get back into the rhythm of about 3 posts per week as I have a lot to say after being quiet for so long!