Showing posts with label change. Show all posts
Showing posts with label change. Show all posts

Dec 27, 2016

Tech Life: Build, Test, Release Adventures

For the past year and a half I've been working for a small and smart financial software vendor, which I love. I'd been inching my way from financial services to "the other side" of the software fence for a few months before I made the change, and I thought at the time I had developed a solid understanding of technology vendor-ship and what that work would be like.

But of course, you only know so much until you get there.

Mar 21, 2016

What Journalism Has In Common With Stockbroking

I'll dispense with the preamble. What journalism has in common with stockbroking is this:

An old model which was well established and profitable is transitioning with a lot of pain to a new model, which everyone is still trying to figure out.  

The old model was comfortable and cushy (for those at the top). The new model is a major change, culturally, psychologically and commercially, and it is not yet - but one day will be - profitable.


Sira Anamwong/freedigitalphotos.net

Journalism:


Another month in Australia, another horrible rupture for Fairfax. If I was a journalist I would probably write "the embattled Fairfax". After already pruning itself back in 2012 and again in 2013, this week the company announced it will cut the equivalent of 120 full-time jobs from its newsrooms.

That's a lot of journalists. It's hard to imagine the company even has that many jobs left to spare. (And according to staff, they don't).

And I really feel for Fairfax. Not only because I love The Age and am a subscriber who reads it every day, but because I think in very difficult circumstances they have been forging an evolution towards an online model quite well.  

New media is great. But blogs and tweets and news fragments do not fill the gap left by traditional newspapers. New media still needs journalists to write the stories, and "citizen journalists" just aren't as good.




Of course, we will get used to it. Just as we have got used to the passing of great puns in headlines (largely gone in favour of SEO), and elementary grammatical and syntax errors in broadsheet news (now that sub-editing, like everything else, is outsourced to cheap workers overseas). We got used to those things, and the world didn't collapse.

So, there is no choice - citizen journalists it shall be, and the real journalists will find work somewhere, somehow, in this new cacophony. Not all the ones being let go now, unfortunately, but future ones will.

Somehow I don't think either the paid subscription model used by most newspapers and journals online now, or the Buzzfeed model, will be the lasting profitable solution.

I wonder what it will be?


Stockbroking:


Stockbroking has always been a world of boom and bust, but ever since the 2008 crash and the Great Recession that followed (or still follows), it's been all bust. The stockbroking model as it was before then has truly broken and is never coming back. That's probably even a good thing.

Since 2008, it's been impossible to squeeze money out of traditional stockbroking. The margins are too thin; no one wants to pay for brokerage and research when they can get what they need online.

In Australia the ASX has piled more and more compliance obligations on brokers, and ever-higher liquid capital requirements to guard against insolvency collapses. In classic Law of Unintended Consequences style, the result has been an explosion of "shadow brokers" - small and nimble dealing and advisory businesses that range from serious, ethical companies with management and due process, to guys operating out of their loungerooms with, let's just say, less than that.

In the last decade that I worked in broking operations, I watched these companies come and go, the same people moving from license to license and company to company in a never-ending scramble to find some way to make money. Most of these people are straight up, love broking and just want to make money for their clients and themselves - but the landscape is unforgiving.

So now everyone knows the future is "online". The future is "robo-advice" (less risk of non-compliant customer management or advice), and "fintech".

But what is the best kind of company to run? What's the best service to offer: advice to customers, or services to dealers? How do you innovate and create a solution, and not be copied by a thousand imitators with the same access to the cloud that you have?

Time will tell.



I'd love to step 5 years into the future and see what's happening in both journalism and financial services. My guess is both will be profitable, but not exactly in ways people are building them now. The future will come up with something else.



Disclaimer: I work in FinTech and love it.   :)




Jun 8, 2015

New job

I have a new job. 

After 15 years working in stockbroking operations, I am now working for a software vendor and loving it. The vendor's product is fantastic and the company is small, nimble and growing - everything I've been looking for. 

The last couple of years have seen an explosion in agile and cloud-based business and I decided a little while ago that was where I wanted to be. In my last job I worked closely with a couple of very good vendors and it really opened my eyes up to this whole "new" world of agile methods and business in "the cloud".

I've also become a bit disillusioned with much of the financial services industry. I know! It seems like such a good, honest industry, right?! Actually, what I meant by that was, the last few years have just become a bit of a downer. No one is making a lot of money, clients are understandably leery, and as a result of everyone trying lots of different things to try and find new ways of making money, the landscape is constantly changing and there is a lot of "work" but not too much excitement or optimism to go with it. I love the people I worked with - some of them for many, many years - and I did like and will miss many things about my last jobs, but it was definitely time for a change for me.

The new job has been a learning curve for me. I'll admit my first week left me absolutely exhausted. By the end of my second week I was merely fatigued. So by the end of next week I should just be tired! Full steam ahead!

With a change of workplace comes also a change in location. I've worked at the eastern end of the CBD for nearly 15 years, and am now all the way diagonally across the city, at the north-west end.  Many years ago I worked down this way and always did like it. It's a nice part of town.  It's also much, much handier for public transport, and much, much worse for driving - so after only two weeks I have thoroughly broken my previous bad habit of driving to work.  My commute now takes no longer and is much, much cheaper!

The only downside is I am too far away to meet former workmates for lunch. But I'm sure we will work something out.


So, some photos.


My last photo from atop the Herald Sun building on Flinders Street. A little sad to lose this daily view:






My last iCaramba wrap from the Blue Bag cafe on Exhibition Street :(


You can also see on the right of this photo, the iPad loaned from my old job, which I spent my last lunch break restoring to pre-me condition to return it to work - deleting my daughter's Minecraft, Instagram selfies, photo edits, apps and webpages only to remember at the end that there is a one-step "delete iPad" option in Settings.



... And so to the other end of town:

Flagstaff Gardens:






King Street:





Some of the old buildings and remnants of old Melbourne:






And I have no idea what this is, but I love it:




A change is as good as a holiday, right?

I hope so, because I won't be getting a holiday for quite a while.



Aug 5, 2014

12 Resolutions: August (and July recap)

This year I'm playing along with #12Resolutions on Twitter and Facebook. The idea is to set yourself short-term, achievable goals, one each month. 

For July my goal was to pay attention to my moods and feelings, and to take a moment to consider them, before I react.

I think this was successful. I wasn't overly taxed, I have to say, and I was sick for two weeks (one week of which I spent most of my time sleeping), so this has seemed like something of a short month.  But I don't recall any messy scenes or reactions that I regretted, for this month. Yay!

So anyway I am going to continue with this one, as I think it's a worthwhile ongoing exercise. 

For August, my goal is to set myself daily limits on time-wasting activities, such as internet surfing and playing dumb games on my phone, and to spend that time doing productive things instead.

I'm still allowed to read Twitter, check Facebook, relax with 9Gag before I go to sleep, and read blogs, stories and news online. But these things are to be limited to 10-minute blocks, not half-hour (or longer!) stretches.




What will I do with all my extra time? Well, here are some things I've been meaning to do. Who knows, maybe one or two of these will get tackled this month:

  • clean out the pantry
  • clean out and sort the linen cupboard
  • sort and tidy my bedside table
  • write some short stories
  • read some of the books in my to-read list
  • get eight hours' sleep every night

What's on your to-do list this month?


#12Resolutions:

January: walk 5 times a week (done - I now walk daily)
February: write 2 short stories (failed - wrote none!)
March: write 1 short story, and start Project Management course (done)
April: visit GP and complete or schedule the follow-ups (done)

May: complete one module of Project Management course (failed)
June: working day money savers: public transport and packed lunch (done)

July: pay attention to needs, moods and emotions to manage reactions (done, and ongoing)
August: limit time-wasting activities on my phone

Jul 7, 2014

12 Resolutions: July (and June recap)

This year I'm playing along with #12Resolutions on Twitter and Facebook. The idea is to set yourself short-term, achievable goals, one each month. 

For June my goal was to save money by taking the train to work 3 days a week, and bringing a packed lunch at least 3 days. (I work 4 days a week).

Well, I'm chalking this one up as a success. I didn't take the train 3 days - more like an average of 1.5 days out of 4. But that's 1.5 days more than I had been taking it before.  And lunch...well, I brought in a packed lunch EVERY DAY! How's that!

The benefits were as I expected: I did save a bit of money, and my days were moderately more active for the extra walking and standing that public transport forces on you.

The disadvantage of making and bringing lunch: virtually none. I had had cynical thoughts that it wouldn't be much cheaper by the time I bought extra sandwich stuff and snacks at the supermarket (not true - it's still cheaper) and I thought packing a lunch every night would be a major drag, based on the fact that I find making my kids' lunchboxes a drag. Not true - making my own lunch is much more interesting than making my kids', because as I do it I'm thinking "ooh yummy" and looking forward to each bit. 

The disadvantage of public transport is just as I remember it: the commute takes longer, and is more tiring. But hey, that's life. I can't afford to drive into work every day, so it's back to the rat race for me.

Tokyoform/Flickr


So, on to July.

This month I am concentrating on my emotions and reactions. 

Sometimes, I feel a bit like this:

mar.al/Flickr
And when I am overly-stretched, or tired, or I haven't been taking care of myself, my emotions can get the better of me and I can react badly - the whole time scratching my head and wondering why.

'Exploding Harbor' by Justin Gaurav Murgai /Flickr

At my age my  emotional states should not be a mystery to me. And when I slow down and really listen to myself and pay attention to what's going on, I can usually figure myself out. 

So this month I'm resolving to pay attention to my moods and feelings, and to take a moment to consider them, before I react.  I will keep my commitments manageable, know my limits and my needs, and NOTICE my feelings before they get to the stage where I am going to explode with rage or get all weepy and want to retire to a dark room and feel sorry for myself.

I don't do either of those things all the time, by the way. But I can get frustrated/angry/anxious too easily and can get better at managing myself, keeping things on an even keel so that stress, anxiety and over-reactions are at bay.

I think I know what I need to get this done. And I anticipate, as I go through this month and do all my noticing and listening to myself, that maybe other things will come up too.

So, this month should be interesting. I'm pretty psyched for this resolution. It's not as concrete or measurable as the others, so it doesn't let me slide in on statistics. This one is going to take some real work.

Oh, and I have a mini goal to add as well: Pandora has challenged me to complete a unit in my course, and she'll do the same. So, I'll work on that as well.

Here's to July (even if I'm a week late). Have a great month!



#12Resolutions:

January: walk 5 times a week (done - I now walk daily)
February: write 2 short stories (failed - wrote none!)
March: write 1 short story, and start Project Management course (done)
April: visit GP and complete or schedule the follow-ups (done)

May: complete one module of Project Management course (failed)

June: working day money savers: public transport and packed lunch (done)

July: pay attention to needs, moods and emotions to manage reactions 

Mar 4, 2014

I've unfollowed all the gurus

samarttiw/FreeDigitalPhotos.net

I've unfollowed all the 'live your best life' and family / planning blogs I used to read.

I still like some of them. But I don't want their stuff on my Facebook / Twitter / blog feed anymore, and here's why:

They mostly don't resemble me.  While I admire anyone who is managing their life well, has changed their life or is energetic, achieving things, healthy, happy or what have you, I think of the people that run some of these blogs the same way I think of those motivational salesman of the eighties and nineties: admirable but basically of a certain personality type, once called "Type A", who is kind of wired that way.

Their lives are not mine. I'm not saying my life is more difficult or complex (it's not), but my life is my life, and the way I live it is basically working for me as is.

I've already found my methods. It's been trial and error, like everyone's life, and I'd never claim it's perfect, but through years of living it, I've found what works for me and my family, and the limitations of every method.

Their stuff doesn't work if you work full time in an office with a commute. All those slow-cooker recipes, housework schedules and the like, don't work if you work full time and don't work at home. I know these blog writers work hard, and they juggle as all of us do, but managing what you do before you "sit down to work" [in your house] is honestly very different from having to commute to work somewhere else, and do that every day.

I don't need relentless motivation and positivism. I'm not depressed (been there), and I'm motivated to get up and go every day by the need to keep my career going and keep a roof over my kids' heads. I get pleasure from the things I like and I keep active and interested in the world. That's all I need to keep going and achieve what I have to achieve.

Their stuff is repetitive. If you read any of these blogs for any length of time you'll tend to read the same intros, tips and pep talks over and over again. These blogs are designed so that anyone can pick them up at any time; the downside of that is they can irk you if you read them regularly.

We have a basic difference in life philosophy. I believe you can get nuggets of helpful information from just about anything you read. So these blogs can provide some good tips. But I also think life is messy and sometimes hard and you can't create a system that will keep you on top of it all the time.

I kind of resent what they do.  I'll admit it. There's something about running a blog about how to blog, or how to work or how to live, or how to manage family/home life, that seems like a bit of an easy out to me. I know that's irrational and unfair. Some of these people have really good blogs. But there are some I read which make me totally understand the existence of GOMI.

There's so much more interesting stuff out there to read. I read news, online magazines, blogs, tweets, fiction, you name it. I download podcasts and listen to them while I walk or while I lie in bed (but then I tend to fall asleep halfway through). There's so much to read, and so much to make you think and keep you busy, engaged and entertained. THAT'S where I prefer to direct my internet energy.

I prefer reading small blogs. Tiny ones in fact. I love reading the regular blogs I follow to read how people like me manage life, work, family and existential despair. Yes, that means you!



Do you read any of the 'big' blogs?
Do you follow any gurus?


Sep 25, 2013

Kids need other kids

I have realised since my kids were about four that kids crave and need the company of other children. At some point between the ages of 4 and 6, kids cease preferring the company of their parents to the company of other kids.

For my kids it was about age 5 when spending the day with Mum or Dad ceased to be better than a playdate, but even earlier than that you can see kids - even babies - light up in the company of a sibling or friend and they need that.

It's school holidays here and this time round I'm working through most of it, and the kids have been thoroughly prepped on expectations. There will be no Melbourne Show, certainly no 'holiday' away, and lots of time with Mum, Dad or Grandma at home. Booooorrrrrrinnnggg! On the flip side, for the second holidays in a row they won't need to spend any days at a holiday program, which I can categorically confirm they do NOT crave, and they are happy about that.

But we have organised a couple of playdates and there will be other impromptu ones, as the kids get bored and parents, especially non-working ones, need a break.

I happen to love hosting playdates. They force me to get the house clean and tidy (or an illusion thereof, with my bedroom door remaining suspiciously closed throughout and out of bounds for the kids as much as the forbidden room in Bluebeard's castle). I barely have to do anything, as the kids at this age will entertain themselves. The kids get to see that other kids like their house and their mum and it makes them appreciate those things a bit more. If I'm friends with the parents we get to catch up for coffee. But most of all, the kids are happy and they come out of themselves and their "home" personalities, in the company of their friends.

Change the environment - or the company - and change the child.

Neither of my kids is a big outdoor person. Both are a bit squeamish about the messier aspects of outdoor play: dirt, itchiness, prickles, insects. I'm determined they will walk to school at least some days from next year, and I try to impart some of the wonder and discovery of nature in walks and backyards that I loved as a child: blades of grass, the shapes of leaves, caterpillars and roly-poly beetles, snails, clover, the sky, seeds and tree litter on the ground.  I've bought my kids magnifying glasses and we've gone hunting for bugs together, and I've tried to suppress my revulsion for spiders and cockroaches. (Since the drought ended we get plenty of bees, butterflies and dragonflies, which is lovely because during that 14-year drought butterflies seemed to disappear and I thought my kids would miss out on that joy as they have missed playing in the sprinkler and being squirted with the hose).

Even 4 weeks in a Greek village playing outside all day didn't squash my kids' fear of creepy-crawlies. "Pedia tis polis (city kids)," I would say to bemused relatives, when my child would screech at a beetle near her feet.

So what did get my kids get into beetle appreciation? Just having a friend over yesterday who suggested looking for bugs in the garden.

What got them wanting to climb the tree in the backyard?  Just having a friend over last week who showed them how to do it.

What convinced my daughter M it was safe for her and A to go to the park up the end of our street without me? Just friends visiting last weekend who suggested they all go to the park. A. was overjoyed and even M. couldn't get out of the house fast enough. Watching four kids aged nearly-eight to eleven walk out the front yard and head up to the park 200m away, I was reminded of the great times I had with my cousins as a kid, walking to the shops or the park without grown-ups.

Of course, you can't overdo it. We all know it can turn into Lord of the Flies when kids are unsupervised, and kids running wild in the suburbs of the past encountered their share of horrors.

But it takes the company of other kids to foster growth and change and the shedding of old habits in a kid, as well as the kind of socialisation they just can't get from their parents.



Children playing under a tree, 1930s
State Library of Victoria




Apr 29, 2013

I Need A New Blog Name

I need a new blog name.

I've never been happy with the name of my blog, nor with the URL - especially since the two don't match.

When I set up my blog I wanted to convey these themes: that I'm a working parent, that I do salaried work, that I work(ed) full time, that I sometimes struggle to manage work and parenting. I also wanted to reference that I love reading and researching and working things out and wondering about things.

Every title I tried was already in use or a bit lame.

Finally I went with "Working Through It" and tried to ignore the connotations of drudgery and being a "hard worker" (ugh) that went with it. I meant it to mean like, I'm working it out as I go, and I'm also working, while being a parent. (Yes, genius, I know). I figured I could change it later.


I have registered a new domain name some time back that I quite like (but don't love) but the title is a complete change and here's my stupid little problem with it (talk about your first world problems - check this one). You see that little icon up on your web browser (hopefully) above my blog - the little black handbag with the "WTI" on it? That's my Favicon which I am really fond of. And I quite like "WTI" even if I'm not mad keen on "Working Through It". And see, my new domain name has two words instead of three, and a two-letter abbreviation doesn't work as well as a three-letter one. Also, those two letters that would form the initials in my Favicon would be "SM".

That's not good, is it.


So I'm a bit stuck, because (a) I can't change both my URL and my blog title, or my few but wonderful followers may lose me, (b) I don't like either my blog title or my URL so I can't decide which one to dump, even though I really want to dump both, and (c) I still can't think of a good blog name.


Have you ever regretted your blog name?
Ever considered changing it?
Have you ever changed it?






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