Items from 7 people Noah Carter follows

How to Choose a Project Portfolio Management Tool? - PM Hut

# Don’t use tools that select projects based on balance, strategic alignment, goal maximization, or any other logic not directly tied to value maximization. Use tools aimed at maximizing the total (risk-adjusted) value of the project portfolio. CEO’s and CFO’s want to know how much value will be created by their project portfolio. They want to be assured that projects are chosen so as to maximize this value. Metrics based on goal achievement, portfolio balance, strategic alignment, or “points” are not surrogates for value, and won’t (or shouldn’t) be of primary interest
# Avoid tools that define project value solely in terms of the tradition financial metrics, such as net present value (NPV), return on investment (ROI), or payback period. Financial metrics are important, but they fail to capture the non-financial benefits of projects. Typically, such tools grossly undervalue certain types of projects as well as the project portfolio.
# Make sure the tool can capture all considerations critical to your decisions. Commonly ignored considerations include various soft project benefits, investment urgency (as opposed to investment value), project sequencing and other types of project interdependencies, and risk (especially market risks and other “correlated risks” that similarly impact multiple projects).

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CNBC Business | The Next Big Thinker

Servan-Schreiber suggests that it may not be long before participatory technologies become a prerequisite for employees reared on a diet of blogs and wikis. “A whole generation of workers has grown up with the internet and everything it entails,” he says. “It means they expect to be heard and to be part of the conversation all the time, including at work. They expect that people will listen and take them seriously. Prediction markets provide an answer for that yearning.”

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How companies approach innovation

Executives certainly see innovation as an important driver of growth, with some 70 per cent of top managers saying it is one of their highest priorities.

In addition, more than three-quarters of survey respondents say the huge amount of media attention to innovation has, at the least, raised their companies' awareness of the importance of innovation. Nineteen per cent say the attention has caused them to make innovation the main focus.

That importance is borne out in some of the decisions made by top managers. A majority, for instance, say they routinely decide where to focus innovation efforts, where and how to commercialise, or who works on innovation. But top managers don't seem to think they have a lot of control over the innovation process as a whole.

For instance, less than a quarter of respondents indicate that innovation budgets or targets are decided at the top. Further, many top managers lack a structured approach to making innovation decisions: though 40 per cent say they rely on a solid fact base, almost as many, 37 per cent, say they depend on a consensus of their peers; only 21 per cent rely on intuition.

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Individual measurements in a social world – adoption obstacle? « Connected

Aha. Being social requires a stiff price: spending our most precious commodity, Time. So really, we are asking people to spend precious time to do something for which they are not measured. Fix this, and you will have removed a major obstacle to the inside-the-firewall business adoption of social networking and productivity behavior. (Gia Lyons)

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Amazon's New Video Streaming Service Will Disrupt The CDN Industry

While Amazon's CloudFront service for on-demand video never really disrupted any of the larger CDNs in the market, this latest announcement drastically changes things. While Amazon is not going to take any large customers away from the CDNs, think MLB or Hulu, Amazon does have the potential to take many of the mid-sized customers who spend between $3-5k a month on video.

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Gary Hamel: Management’s Dirty Little Secret -- How to Increase Employee Engagement - Gary Hamel’s Management 2.0 - WSJ

In a world of commoditized knowledge, the returns go to the companies who can produce non-standard knowledge. Success here is measured by profit per employee, adjusted for capital intensity. Apple’s profit per head is significantly higher than its major competitors, as is the company’s ratio of profits to net fixed assets.

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50 Beautiful Free Icon Sets For Your Next Design - Smashing Magazine

This round-up covers 50 beautiful and useful icons that may turn out to be life-savers for your next design. We present photorealistic icons, mini icons and pictograms, symbols and signs, free templates as well as Christmas icon sets and desktop replacement icons. Please make sure to read the license agreements before using the icons – they may change from time to time.

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Get your 401(k) above pre-crash levels

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Tips on Enterprise 2.0 with Web 2.0 » Blog Archive » Enterprise 2.0: The Top Five Faces of 2009

Enterprise 2.0 is the art of adding value to your business. There are many artists in this field, so it was very difficult to narrow down this list to the top five faces in 2009 for Enterprise 2.0: Andrew McAfee, Ross Dawson, Bill Ives, Hutch Carpenter, Dion Hinchcliffe

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11 Ways to Influence People Online and Make Them Take Action

I recently read Neuro Web Design: What Makes Them Click by Susan Weinschenk, a book about how our online behavior is influenced by both conscious and unconscious thought patterns. I found it fairly interesting because it provided some scientific explanations to tactics that many marketers have been using for the longest time.

At only 130 pages long, the book is a very easy read because its tailored for the average person and not specialists. The downside of this is that it only offers a very general overview of brain science and how it relates to websites.

Contrary to its name, it also talks more about psychology than general web design/usability. If you’ve read Robert Cialdini’s work or other books on persuasion tactics you would easily recognize many of the concepts mentioned in the book.

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