A focus on what’s fair may lead you to reject deals that make economic sense, or to accept deals that don’t, according to David Tollen in his book The Tech contracts Handbook (second edition). The better question is: would doing the deal under these terms be more profitable than not doing it?
Faced with the emergence and speed of growth in the information economy, organizations have an urgent need to adopt IT governance best practice, according to Alan Calder and Steve Watkins in their book IT Governance: An International Guide to Data Security and ISO27001/ISO27002. The authors define IT governance as ‘the framework for the leadership, organizational structures and business processes, standards and compliance to these standards, which ensures that the organization’s information systems support and enable the achievement of its strategies and objectives’.
In a world of ever-expanding online opportunities, it is essential that we stop treating the Internet as a distraction to be resisted and instead see it as an ally in the battle for focus, productivity, and personal effectiveness. But the Internet can only be your ally when you know how to use online tools effectively: when you start by thinking about your priorities and working style, and then customize your digital toolkit accordingly, according to Alexandra Samuel in her book Working Smarter with Social Media: A Guide to Managing Evernote, Twitter, LinkedIn and Your Email.
Intel’s greatest strength has been its willingness to take huge risks, even betting the company, according to Michael Malone in his book The Intel Trinity: How Robert Noyce, Gordon Moore and Andy Grove Built the World’s Most Important Company. On the occasions when those bets have failed, the company has clawed its way back into the game through superhuman effort and will,… and then immediately gone on to take yet more risks.
Big data, at least today, requires some educated faith. ROI is difficult to define in advance—particularly when it involves new products and services or faster decisions, according to Thomas Davenport in his book Big Data at Work: Dispelling the Myths, Uncovering the Opportunities. Nonetheless, some businesses are getting significant benefits from employing data scientists to work on Big Data, so it definitely seems to be something worth investigating.