1. 10/17/2011
#LKBE2011 #realoptions
October 3, 2011 When is something a
IT Risk Management commitment?
using Real Options
and Real Liquidity
Olav Maassen (Xebia) Chris Matts(EB)
olav.maassen@xebia.com chris.matts@gmail.com
@olavmaassen @papachrismatts
When is something optional? Do you have a choice?
Option
Commitment
Decision
4
© MacUK
5 6
© foxhusky ©travellinglibrarian
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7 8
© theseanster93 © cristiano_betta
9 10
© pagedooley © state-records-nsw
12
© Nick Anderson © Screenpunk
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13 14
© Industry is virtue © paulcheek
15 16
© Angelsgate
17
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Options Options Never
have expire commit
value early
unless
you
know
why
© luismi1985 © givepeasachance © Tub Gurnard
Getting to Berlin
22
© lollyknit © Monville
Real Liquidity Real Liquidity Exercise
• What are the things that increase this
time?
Time from
making an investment commitment
to
realizing its benefits.
23 24
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© Originalwpa
Getting Staff Procuring Equipment
25 26
© Antrophe
Contracts Training staff
27 28
© frank3 © pittsburghkarate
Facilities (Desks) Team Gelling
29 30
© pacdog © chriswaits
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6. 10/17/2011
Choosing technology and
Architecture
methodology
31 32
© Alisdair © asmythie
Brooks was wrong
33
© Nick Anderson
A Month
© PhilFranklin
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7. 10/17/2011
A Day
An Hour
http://www.flickr.com/photos/embreyart/422
9109725/sizes/m/in/photostream/ © embreyart
A Minute
© bobgcampbell
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8. 10/17/2011
A Second
© safaripartners
ROLL BACK!
Its
not
about
probability
© Hufse © kagedfish
It’s If your time it takes to recover is greater
than the time you can survive, you die
about
survival
Which means you need more options.
48
© sheshodesigns
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9. 10/17/2011
Business Value 101
When is something a
commitment?
© abuziyad © gunthert
Options Options Never
Real Liquidity
have expire commit
value early
unless Time from
you making an investment commitment
know to
realizing its benefits.
why
© luismi1985 52
© givepeasachance © Tub Gurnard
If your time it takes to recover is greater
than the time you can survive, you die
Which means you need more options.
STOP
Guessing!
© topher76
53
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10. 10/17/2011
Prepare to run fast.
Create Options
© haydnseek
© James Temple
Thank you!
Contact info: Contact info:
Olav Maassen (Xebia) Chris Matts (EB)
olav.maassen@xebia.com Chris.matts@gmail.com
twitter.com/olavmaassen twitter.com/papachrismatts
……and
© lordkirbs
have fun.
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