Sunday, July 25, 2010

My WOT (Web of Trust) rank is higher than some leading sites!

I just signed up for WOT -- or Web of Trust -- for a month! In fact, I'd been seeing this sign across several web sites for some time now, and was wondering whether I could check and see how my blog was ranked on the web.

What's WOT?
According to the site, Web of Trust (WOT) is the world's leading community-based, free safe surfing tool that helps all web users stay safe as they search, surf and shop online.

The WOT add-on tells you which sites you can trust when using Google, Yahoo!, Bing, Wikipedia and other popular sites. Web site ratings are powered by a global community of millions of trustworthy users who have rated millions of websites based on their experiences. The free add-on works with Firefox, Google Chrome and Internet Explorer and is a free download.

WOT Trust Seals?
WOT Trust Seal helps all web sites, especially e-commerce, use their excellent reputation to increase sales, stand out from the competition and manage their reputation. Reputation data comes from the world's leading community-based safe surfing tool, Web of Trust.

The WOT Trust Seal show visitors that you are trusted and give them the confidence to buy, click and sign-in online.

My WOT rank is better than several leading sites!
Well, I signed up and it offered me WOT Trust Certificate for free, for a month. Thereafter, one is supposed to pay, should one wishes to carry on!

There's a box on WOT, which allows you to check your website's reputation. Naturally, I checked for my site, as well as the ones I have been associated with recently, as well as in the past.

To my sheer surprise and delight, I am pleased inform you that my WOT rankings for Pradeep Chakraborty's Blog (Pradeep's Point) is either on par with or better than some well known websites such as CIOL, EM Asia, Voice & Data, ISA Online, Elcina, etc. NASSCOM and MAIT are understandably ahead.

I am also very happy to learn that is ahead of me -- or alternatively, I've more work to do to catch up with it! However, I'm wondering how Global Sources is trailing me, although EE Times Asia is ahead. Also, Wireless Week is trailing me. Wonder why! I also believe that the rankings keep changing by the day, if not hour.

I'm not really sure why some of the country's leading websites are trailing me. My guess is: they have not been rated by WOT users. Or, what most folks dread: their sites are incorrectly rated, and sometimes, as a prank, not rated properly at all! For instance, you know a site deserves a good rating, but as a prank and fun -- or simply to play the fool, you give it a low rating.

Nevertheless, I am really grateful to have been considered someone to trust by people. Ranks don't matter much; it is the trust of people that matters more!

WOT is a great initiative by WOT Services Oy, a Finnish company, to make the Web a much safer place and to let us all know what are the best practices to follow on the Web. And yes, word of mouth remains the best agent to enhance your reputation online and in life. Best of luck, my friends.

Friday, July 9, 2010

CIOs should have a plan in place now to tackle a second economic downturn

This one's from Gartner. Don't quite agree, but nevertheless, enjoy!

STAMFORD, USA: In 2008, most CIOs were forgiven for being unprepared to deal with the global recession, but if another recession unfolds in the next 12-18 months, no CIO will be forgiven for being unprepared a second time, according to Gartner Inc.

In May 2010, investor doubts about the health of the global economy returned to the world's capital markets with a vengeance. The possibility of nations defaulting on repaying massive loans, high unemployment rates, depressed housing prices, limited access to consumer and business credit, a growing belief that a sustained economic recovery may not be possible this year, and an array of other factors have all combined to shake investor confidence to its core.

As these and other factors were unfolding, many economists were still maintaining that 2010 and beyond would be a period of modest recovery and growth. Because so much uncertainty exists about the sustainability of the current recovery, CIOs should confront such uncertainty with clear and decisive action. They should augment current near-term plans by preparing for a second recession.

"Just the potential for a second business downturn should be sufficient to compel CIOs to plan for another business downturn," said Ken McGee, vice president and Gartner fellow. "However, most CIOs will not have a response strategy prepared if a second business downturn occurs."

McGee said CIOs today are uniquely placed to tackle a second economic downturn, if they plan accordingly.

"As questions, or even doubts, grow about the ability for economies to recover, CIOs in 2010 have one advantage over their predecessors. For the first time in the history of the IT industry, more than 90 percent of CIOs today possess extremely recent and practical experience dealing with a recession," McGee said.

"In light of this fact, we strongly urge these recession-hardened CIOs to leverage their recently acquired and economic battle-scarred experiences by proactively preparing their entire enterprises should another economic downturn occur within the next 12 to 18 months."

Gartner recommends that CIOs take the following key actions to ensure that their enterprises are best placed to weather any potential financial storms over the next 12 to 18 months:

Enlist C-Level Action Now: As IT leaders learned from the recent recession, executives will once again have to make a multitude of decisions to minimize the effects of a second business downturn. Because most official national recession declarations are announced well after the actual start of a recession, IT leaders should suggest that their enterprise executives convene now, so that business downturn response guidelines may be established before capital markets, customers, suppliers, creditors, etc. panic in the wake of bad economic news.

Focus on the Current Fiscal Year: To save money as quickly as possible in the event of another business downturn, CIOs should work with executives to determine which IT projects scheduled and approved under the current IT budget may be postponed and which may be entirely canceled. Likewise, once all projects for the next fiscal year are identified, CIOs should determine which of those projects may be postponed and which may be entirely canceled.

Focus on the Next Fiscal Year: Once all projects for 2011 are identified, simultaneously determine which of those 2011 projects are relatively expendable and, therefore, may be postponed and which may be canceled, should deteriorating business conditions warrant such steps. Of course, the decision process for determining which projects may be postponed or canceled must include an assessment of the contractual exposures that may exist or arise with IT vendors for hardware, software and services.

Use Zero-Based Budgeting for Projects: As CIOs begin preparing for their 2011 budgets, they should adopt zero-based budgeting for projects in 2011. CIOs need to strongly suggest to C-level executives that all business unit executives sign documents affirming their understanding of:
* The one-time costs that will be incurred to implement their 2011 projects; and
* The annual recurring costs required to maintain those projects once they are completed.

Use Zero-Based Budgeting for Existing Applications: CIOs should compile an inventory of existing applications that are maintained by the IT staff and assign a reasonable estimate of the annual cost incurred to maintain each application. Once calculated, Gartner recommends having the business unit executives sign a document affirming their understanding of the estimated annual cost for overseeing and maintaining their applications.
"Our bottom-line advice is to prepare the 'second recession' plan, rehearse the 'second recession' plan and hope that you never have to use the 'second recession' plan," McGee said.