The Little Prince and the Lost Pouch of Wonders Once upon a time I found myself on a flight that felt almost like one of those quiet journeys the Little Prince takes across the stars. I had with me a small pouch that held my own little universe of everyday essentials. Chargers for my phone and Mac. A power bank. AirPods. Jabra earsets. Wired earphones. A writing pen. etc. All the things that quietly keep life running. At the start of the flight I slipped the pouch into the seat pocket. I was half awake and half listening to some audio and eventually drifted into a nap. It reminded me of how the Little Prince would sit quietly and think about life and his rose and everything that mattered to him. When we landed I automatically stood up and took my bag from the overhead bin. Habit took over. Tiredness also had a role. And the seat pocket blended so completely with the cabin decor that the pouch might as well have been invisible. I usually never place anything there and that routine worke...
The Hidden Risks of "Long Term Contracts" and How Modern Enterprises Can Protect Themselves - A Perspective from a Global CIO
The Hidden Risks of "Long Term Contracts" and How Modern Enterprises Can Protect Themselves - A Perspective from a Global CIO Long term contracts promise stability and predictability. They look neat in proposals and reassuring in boardrooms. Yet in practice they often become rigid, expensive and fundamentally one sided commitments that fail to adapt to real world change. After leading enterprise technology and transformation programs across multiple continents, my experience has been consistent. Long term contracts usually favour the vendor unless the organisation manages them intelligently, fearlessly and with a clear understanding of value. This article brings together practical lessons from industry, academic principles of contract management, risk management frameworks and lived experience from the CIO seat. The goal is simple. To help organisations protect themselves and create contracts that stay relevant, balanced and value driven throughout their life. Why Long Ter...