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Trading risk against budget in IT security

Paul Bennington, Associate at The Bayard Partnership, a mechanical engineer with over 25 years’ experience in automotive production, takes a fresh look at a familiar topic.  Have you ever been in a situation where you don’t know what product to choose?  There is either too much choice, or in most cases, you don’t have the money to buy the best, so you must make a compromise.  We must make trade-offs to get the best possible deal from the resources that we have.  We start doing this as children, with limited pocket money, we go to buy sweets or toys and [...]

So, what is your Distrans?

Years ago, a well-respected and rich entrepreneur showed me around his new factory. In a back room a dozen people were analyzing customer requirements, doing complex calculations, and writing contracts. “Do you see these engineers?” the company owner giggled. “They write more in one day than I have written in my whole life! They are more interested in their paperwork than in what we are making in this company.” I have had similar experiences in other companies: a large furniture enterprise, a meat-processing company, an industrial bakery chain …. The owners all wanted me to first know and understand their [...]

Are you ready for Industry 4.0?

Some call it the next industrial revolution, others call it the ‘internet of things’. I call it progress but whether it’s good or bad, that’s up to you to decide. It  was nearly two decades ago I first came across the concept of Industry 4.0, of course it wasn’t called that then but the visionary I was having lunch with was telling me of his battles convincing his management to put video cameras on the production line so that customers could see their cars being built. He quite rightly predicted that bringing the customer right up close to the production [...]

You have all the time in the world

Imagine working in place where you have as much time as you like to do, or think, whatever you like. Imagine a place where targets don’t exist; no annual appraisal, no battles for budgets or bonuses. Imagine your boss saying “there’s no hurry, relax. I will see it when you’re ready.” You might think this impossible but I assure you, there are such places. And they work. In fact they have worked for thousands of years or more and have produced some of the most significant advances our world has seen. In some religions they are called monasteries but almost [...]