Creative Management

Gartner Executive Programs Says CIOs Must Develop World-Class Merger and Acquisition Integration Capabilities

tschew — Mon, 19 Jul 2010 01:11:21 +0000

Mothercare in talks to buy stake in Aussie franchise

tschew — Fri, 16 Jul 2010 13:58:02 +0000

Burberry buys 50 Chinese stores from franchisee

tschew — Fri, 16 Jul 2010 13:49:20 +0000

This is pretty interesting. To expand fast in a new market, you rely on locals who know the market well to establish stores and build the foundation. Once you gain enough traction in the local market, you buy back your own brand. Makes alot of sense really.

EFTPOS scam costs Australians $80m

tschew — Fri, 16 Jul 2010 08:32:08 +0000

Credit cards with magnetic stripes are prone to cloning. Around the world, there is a great push for all credit/debit cards to be issued with EMV chip. The problem posted in this article will be greatly reduced when credit cards are replaced with EMV chip type. This will take time but it will happen. By then, will the criminals be smart enough to hack and copy the EMVchips just like the way they clone the magstripes?

Gartner Trims Worldwide IT Spending Growth Forecast to 3.9 Percent for 2010

tschew — Fri, 16 Jul 2010 00:42:38 +0000

IBM Takes Blame for Massive Bank System Failure

tschew — Wed, 14 Jul 2010 15:07:49 +0000

As in my previous blog entry. Outsourcing has its danger. You basically lose control and sight of your operations. I have seen how the operator works in the data center and I am not convinced that mission critical systems are well taken care of when it is being outsourced. First of all, the quality of the staff operating your systems are beyond your control. They are hiring cheap labors in large quantity to run 3 - 4 shifts in order to fulfill the SLA obligation! And I always believe that what you pay is what you get.

IT Organization is the greatest Security Hazard

tschew — Mon, 05 Jul 2010 03:19:24 +0000

I am a strong believer of weakening the power and authority held by IT department. For IT Operations, I would purposely weaken the amount of authority we have over data and accesses. We should put data ownership to the person that really owns it and not having a third person involved as a custodian. Of cause we can do that, but certainly not to be handed to the IT department. IT Departments provide the tools and means for the owners to work on their data. That's it!

QSA – Some PCI-DSS Auditor

tschew — Wed, 30 Jun 2010 07:16:30 +0000

Outsourced payment card services to take off by 2015 – Business – News

tschew — Mon, 28 Jun 2010 05:06:01 +0000

Businesses should always identify what is their core business and invest the right level of resources to generate expected returns. Payment security is a threat to all retailers but if I dare say, most retailers are not equipped with the right resources to handle day-to-day security activities. Instead of service/process creation, eliminate the non-core business processes and do what they do best. On the other hand, make sure you find the right partner to work with who can grow with your business. Getting stuck with a poor performing partner is worse than investing security competency in-house

Delegate…Empower…Back them up!

tschew — Mon, 28 Jun 2010 04:46:26 +0000