Answer Upon - Computers and Technology

Online Forex Trading – Accepted Wisdom that Will Lose You Money
When I read a lot of accepted wisdom by so called experts, I wonder if these people have actually traded in their lives.Here is some common advice that I see all the time, that if you follow it you will lose.Don’t fall into the trap of accepting it or following it.Here are 6 of my favorites:1. Day trading is a low risk high reward way to tradeHow many writers do you see talk about day trading and how successful they are at it?Lots!Now:How many of them can show a real time track record of profits over the long term?None.This is simply the dumbest way to trade there is.All short term volatility is random.You can never get the odds in your favor and you will lose and lose quickly.2. Knowledge is powerNo its not.Only the RIGHT knowledge is power.Trading is made very complicated by many exper

tation. The Bottom up approach should look at how the technology group can understand the current landscape of the organization and decide on whats the best methodology to implement a BPM toolset and collaborative technology to allow a sustainabe BPM initiative.

One way to start is for a business to hand pick a fairy complex business process from your Business Process Architecture with an aim to achieve a certain business objective (be it increase in efficiency, time to market, compliance etc.) and technology team picking up a set of BPM enabling tools and technology to come out with a POC which can be replicable and reusable across other departments/project under the enterprise BPM roadmap. Another step is to constantly work towards maturing a BPM center of excellence within an organization which can maintain and monitor the pulse of BPM implementation across and enterprise.

I think if we keep aside the buzzwords and abbreviations floating around across the market landscape mainly by the vendor community and the analysts joint task force :), process way of thinking and its management has been a concept known to business for long, and now with the standard based BPM/SOA technologies (which is constantly maturing) in place, its high time that the business community takes notice and enable technology to deliver on some of the promises made possible by BPM. Also, its highly recommended that we again relook at wha

Buyer's Watch Services Do Your New Home Search for You
Thanks to the Internet, it’s a lot easier to find a new home than it used to be. For instance, it’s possible to log onto multiple listings websites and search just about anywhere in the U.S. for the home of your choice. But even better, more and more Realtors are offering a service that makes it even easier for you.Buyer's watch services< allow you to sign up, via your Realtor’s website, for updates on homes for sale as they come onto the market. You simply fill out an online form listing your criteria—location, number of bedrooms, number of baths, style of home, and price range—and every time a home comes on the market that matches your criteria, you receive an email from the Realtor with specifications and a photo of the home. If you’re interested in seeing the home, simply contact your Realtor and arrange for a tour; if you want more information about the home before you look at it, email

I would like to start by raising a question to all, What do you think is BPM?. To make the discussion specific, lets start by narrowing down the debate for BPM in two dimensions:

1) BPM from Business view 2) BPM for Technology view

Most of us will probably answer and would agree that BPM is both a Business and a technical concept and depends on the context of discussion can be defined separately. For me the definitions can be as follows (very generically)

BPM for Business can be defined as a way of thinking and an approach which allows the organization to focus and manage its business processes with the aim of deriving efficiency and excellence in its way of working across multiple levels of business to achieve defined corporate objectives

So, for all obvious reasons, every organization should be looking at improving their existing business processes, which can be either by a) modifying the way they do a particular manual activity or set of activities for e.g. Instead of all loan applications reaching the underwriter for manual approval, have a screening process to remove obvious rejections. b) Automating part of the process c) etc. etc.

Many organizations based on above definitions will say they do BPM. The main difference of “BPM” in this context also is to ensure that these process management activities are aimed at having a broader level view of the process to allow cross-functional benefits rather than a silo based approach which has been employed over the years. So BPM for Business in a nut shell is about looking at ways to ensure that : 1) BPM has to be driven by business objectives. BPM cannot work without a strong top level backing. 2) Process is understood well and modified in case required (Process Analysis & Implementation) 3) The process management approach should be implementable in the organization which might be used to a specific way of working (Organization Change & Governance). You need process owners with cross functional reporting structure/visibility. 4) Success is repeatable across organization - Directly linked to top level support 5) BPM is considered a “Process” way of thinking with business objectives in mind and is aided by technology and not the other way round

BPM from Technology Perspective - Simple Definition : A combination of techniques and technology to allow a process to be defined, analyzed, deployed, automated/executed and monitored in a closed loop allowing continous process improvements.

So any technology which tries to aid in above can be called as a part of BPM implementation framework (This could mean a huge laundry list of technology combinations ) . Keeping the current technology landscape in mind we know that the BPM tools can be either strong in the way they handle human tasks (Human Intensive or workflow based BPM tools) and system tasks (System Intensive or Integration centric BPM tools). Most of the tools vendors are converging their offerings to provide a combination of both (hopefully this will reach a level of maturity soon, which is currently lacking a bit). Being a vast subject and to avoid digressing from my point, we know that there are BPM products in the market which provide the business with capabilities to manage and maintain business processes.

So we know to an extent what we hope for BPM to achieve at both ends of the Business and IT and we also know that somewhere BPM is trying to bridge the gap. What I want to see is who takes the onus of implementing BPM in an organization Business groups or the technology groups? The current problem which I have found and foresee is the lack of understanding into what BPM can do for business or technology which has made BPM either a silver bullet for some and a dreaded monster for some others. Not denying that many also have found the right formula for BPM and doing it successfully.

I know of organizations where BPM is a completely technical subject and implemented with following objectives:

a) BPM for automating process for a particular department at random : Here a technical group knows about BPM more from a workflow perspective and goes for BPM implementation with a micro view of a process. Result: No BPM roadmap, hence either BPM doesnt take off across other departments or ends up in 5-6 different BPM tools implementations within a company. b) BPM considered as a next step to integration/middleware: company has an integration setup in place and obvious next step is considered as BPM to increase efficiency. Again no understanding of various components of BPM and whether it can really add value. The result is normally a product vendor selling an ESB/BPM product with a notional increase in value c) BPM and SOA : Most organizations is diving deep into SOA with an understanding that BPM tool implementation automatically makes them SOA followers and vice versa. The result is again a specific BPM project with very specific services defined for a departmental project. What is lost is the whole objective of service and process thinking, which is about reusability and standardisation of efforts to allow efficiency at business level. d) Many other reasons

It would be unfair to say that the business is not involved in decision pertaining to BPM, but I feel that the lack of understanding and onus taken by business is not enough to really make BPM be successful in most organizations. What is required is for a business to seriously look into what BPM can achieve and have a combined approach of Top Down and Bottom up to realize the real potential of BPM. The Top Down approach should aim at deciding the business drivers for BPM and how the business can enable IT to allow the change demanded by a BPM implementation. The Bottom up approach should look at how the technology group can understand the current landscape of the organization and decide on whats the best methodology to implement a BPM toolset and collaborative technology to allow a sustainabe BPM initiative.

Freelance Writing Jobs: Attract More High Paying Assignments Than You Can Possibly Handle
Despite the fact that the World Wide Web has created a huge growing market for writers, freelance writing jobs are still not easy to come by. Or are they?How do you explain the fact that many leading online writers have more freelance writing jobs than they can possibly handle. And all the clients are more than willing to pay the price that they have asked for?You are about to discover the magic formula most of these writers use to land many more jobs than they can possibly handle. They then have to go through the pleasurable process of selecting which particular freelance writing jobs they want to do (obviously the ones that they will enjoy doing most).It is really very simple. All you need to do is start by setting up a page advertising your online freelance writing services. Write about it in an attractive manner that will attract freelance writing jobs for you. Include the p

enefits rather than a silo based approach which has been employed over the years. So BPM for Business in a nut shell is about looking at ways to ensure that : 1) BPM has to be driven by business objectives. BPM cannot work without a strong top level backing. 2) Process is understood well and modified in case required (Process Analysis & Implementation) 3) The process management approach should be implementable in the organization which might be used to a specific way of working (Organization Change & Governance). You need process owners with cross functional reporting structure/visibility. 4) Success is repeatable across organization - Directly linked to top level support 5) BPM is considered a “Process” way of thinking with business objectives in mind and is aided by technology and not the other way round

I know of organizations where BPM is a completely technical subject and implemented with following objectives:

The Guardianship Certification Board - A Legislative Attempt at Protecting the Elderly
Among the new developments and significant changes produced by the 79th Texas Legislature is the creation of the new Guardianship Certification Board. The Board is created pursuant to Senate Bill 6 of the 2005 Session, and its purpose is to establish a certification process for individuals, other than volunteers, who serve as private professional guardians or provide guardianship services to a ward of a guardianship program.The Board is composed of 15 total members ? 11 appointed by the Texas Supreme Court and 4 appointed by the Governor. The Supreme Court appointees are composed of attorneys and judges who work in the field of guardianships. The 4 appointees by the Governor will be ?public? members who are not necessarily lawyers. On March 6, 2006, the Supreme Court announced its 11 appointees, but the Governor has not yet announced the appointment of his public members.Among its duti

System Intensive or Integration centric BPM tools). Most of the tools vendors are converging their offerings to provide a combination of both (hopefully this will reach a level of maturity soon, which is currently lacking a bit). Being a vast subject and to avoid digressing from my point, we know that there are BPM products in the market which provide the business with capabilities to manage and maintain business processes.

I know of organizations where BPM is a completely technical subject and implemented with following objectives:

Sales Letter Writing - How Create Your First Web-Based Sales Letter
Now that you have your list of teaser points, you are going to trim them down to a list of only the very best and create 2 to 3 sets of bulleted points with about 6-10 points in each list. So, for example, if you came up with 100 teaser points yesterday, read through them and discard about ? of them right off the top. This will be easy to do; the lousier points will jump right out at you. But don’t discard them completely, remember you are going to use them to help you write your book. You just aren’t going to use them in your sales letter.So now you have about 50 points and you want between about 20 and 30 points. This next step may be a little harder, because you probably are starting to like the list you created! That is okay for now, but over the next few days you will need to cull a few more of them out.Today you are going to write a rough draft of a sales letter. You are going to

5-6 different BPM tools implementations within a company. b) BPM considered as a next step to integration/middleware: company has an integration setup in place and obvious next step is considered as BPM to increase efficiency. Again no understanding of various components of BPM and whether it can really add value. The result is normally a product vendor selling an ESB/BPM product with a notional increase in value c) BPM and SOA : Most organizations is diving deep into SOA with an understanding that BPM tool implementation automatically makes them SOA followers and vice versa. The result is again a specific BPM project with very specific services defined for a departmental project. What is lost is the whole objective of service and process thinking, which is about reusability and standardisation of efforts to allow efficiency at business level. d) Many other reasons

Benchmarking-Improving Major Financial Processes: A Primer
What is Benchmarking?Benchmarking refers to a series of actions performed to systematically measure the products, processes, and services against the industry’s best practices. What do the best practices mean? Best practices refer to the practices that produce performance of superior quality. What practices are best in the industry based on the systematic method? Next step after selecting the best practices is how to implement them so that they can fit your business organization. In other words, benchmarking can be defined as a process that helps business organizations to learn how to give the best performance by comparing with the past performance of their own company and with the strategies adopted by other companies in the industry.Four Steps of Benchmarking: The main objective of benchmarking is improving major financial processes. The process of benchmarking can be divided into f

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The first, and perhaps most common, home business idea is to sell something from home on a website. You can either make your own products or sell someone else's products at a higher rate than what you buy them for. You can even use auction sites, such as eBay, to sell your items.

Today, I am the number one online article writer on the Internet, tomorrow someone may indeed zoom by me like I am standing still and yet, as some praise me and others attack me, I just laugh. You see, I use to have a disdain for writers, as a doer, because I was doing things and they were writing about it. Now in retirement, I am doing more writing than doing?

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