Suggestions
Subbu Murthy Ph.D.
Disrupting the disruptors with affordable innovation
Dr. Subbu Murthy is a seasoned professional with a wealth of experience in the IT industry, currently excelling as the CEO of Service Prime, a disruptive ITSM solution geared towards simplifying and automating IT management.
In addition to his role in Service Prime, Dr. Murthy is dedicated to promoting diversity in IT management by assisting women in obtaining CIO certifications. He plans to establish a Training Institute to support individuals over 40 in acquiring the skills necessary to navigate tech shifts like Cloud, AI, RPA, and Blockchain.
Furthermore, Dr. Murthy is actively contributing to the growth of Infogen Labs, leveraging his expertise to drive the future success of this IT services company.
His extensive career includes notable positions such as CIO and CTO in various mid-market companies, where he played integral roles in product development, automation, and strategic acquisitions.
Dr. Murthy's educational background is equally impressive, featuring a Ph.D. in Information Science from Claremont Graduate University, an M.S. in Computer Engineering from the University of Southern California, and a B.E. in Electronics from Bangalore University and UVCE.
Throughout his career, Dr. Murthy has pioneered several industry advancements, including the development of global delivery models for IT services, innovative SaaS solutions, and cutting-edge CRM systems.
As a forward-thinker in the tech landscape, Dr. Murthy's leadership roles in companies like Relsys, QTC Management, and UGovernIT, Inc. have left a lasting impact on the industry.
His commitment to revolutionizing IT management through Service Prime and advocating for diversity and continuous learning underscores his status as a prominent figure in the IT sector.
Highlights
Project Delays due to Miscommunication
LinkedIn asked me to address this issue. There are three operative words here: Project, Delays and Miscommunication. Before we answer this question, we need to first ask are we trying to come up with a generic set of guidelines for all projects or is it to a specific project. The former is nearly impossible to achieve. There are so many project attributes: project size, domain (construction, healthcare, technology, etc.), source and type of funding, constraints, organization history in managing such projects, etc.
When we talk about delays, are we taking into account scope changes, intrinsic factors (such as lack of funding or resources), and extrinsic factors (such as regulatory changes).
When it comes to miscommunication are we talking about peer to peer miscommunications, technical misunderstanding, subject matter chasms, etc.
So understanding project delays due to miscommunication is best done by the responsible project team. Some general concepts that may help reduce delays: 1) Chunking - decomposing the project into smaller chunks. 2) Understanding the key inputs and outputs for each chunk. 3) Understanding risks and building contingency into the schedule to manage the risks. 4) Keeping a stress factor multiplier. Depending on the project, this factor may add 10 to even 50% to a schedule.
I wrote this from my experience, but I have a feeling Chat GPT can better my answer readily.
Are you interested in investing in an early stage company?
There are roughly 150 million plus startups of which about 10% survive the infancy leading to a even smaller set (about 6%) who the show the promise of becoming an established player. From this set, Google tells me that roughly 150 to 200 companies go public. The odds are staggering but the returns seems to justify this. If you look at the lottery system, notice that more people buy tickets when the prize money balloons to over a billion. The odds of winning does not change, but the feeling of a couple bucks taking them to financial Nirvana is very enticing.
Not much different with startups. In the picture shown, Nasdaq 100 is roughly 22 trillion dollars. Not particularly relevant to this blog post, but if you apply Warren Edward Buffett's metric it is nearly 90% of US GDP.
Choosing which company to invest is a lot more complicated and risky. I do not want to belittle startups. I am involved in one personally and also do invest selectively. Many start up companies have the passion and the desire to innovate, but to make it to the top, there are three additional essential factors: 1) Rock solid team; 2) Provable innovation; 3) Financially solid investors who understand the innovation. So unless you are part of the story, do not invest in a startup.
