Author

Louris Fenny

Browsing

Did you know that 67% of projects fail outright, and that of those that succeed businesses reported an estimated 11% in wasted resources? What could you accomplish if you could improve productivity by 11% and complete more of your projects on time and under budget?

To do this you need to choose the right project management methodology for your team. Don’t worry if you don’t know where to start because you’re in the right place. Keep reading to learn everything you need to know about the lean methodology vs scrum and how they can work for your team’s next project.

What Is Lean Methodology? 

Just as the agile method is more of a philosophy rather than a strict process, so too is the lean methodology. Because of this, lean has translated well across many different industries and business models.

The lean method evolved out of the manufacturing process and focuses on eliminating waste within your production process. This method works best in businesses that produce similar or the same product continuously such as manufacturing products or the publishing model.

The premise behind lean is to eliminate waste both in your processes and in the product you create. You can start by identifying where your processes can improve and then working to continually improve until you eliminate all waste. As you get started you should consult a lean methodology guide to help you plan your processes.

What Is Scrum? 

Another agile method that many teams successfully use to create quality products quickly is the scrum method. This method is based on working in small teams throughout a pre-defined sprint, usually around four weeks. During this time the team will meet daily to discuss progress and define their next steps.

The Scrum method is a great tool for projects that are singular in nature rather than continual as you’ll find in the lean process. With each sprint you run, you’ll assess your progress and make adjustments accordingly. You can also check out the official scrum guide to see how the creators of scrum suggest you implement their philosophies.

Key Lean Methodology vs Scrum Differences

Both the lean and scrum methodologies focus on improvement and team collaboration. These systems move away from the traditional waterfall method that focuses on creating an ultimate plan before starting the process and following through until completion. Instead, both lean and scrum empower your team to start quickly and iterate their processes until they succeed.

To see the key differences between these two methods, let’s look at their frameworks and how they tackle timelines, outcomes, and management styles:

Lean

  • Eliminates waste
  • Repeatable processes
  • Improves processes
  • Reduces costs
  • Focuses on continuous processes

Scrum

  • User centered-products
  • Sprint-driven rather than continual processes
  • Works in incremental phases
  • Develops new solutions

As you can see both solutions provide a great method for achieving your outcome goals albeit through different methods and processes. Choose the best one based on what your overall outcomes goals are and whether you create user-centered products or use a repeatable manufacturing or development process.

Choose the Best Process for Your Team

Both lean and scrum offer solutions to teams working towards increasing productivity while delivering a quality product. The differences between lean methodology vs scrum center around the way you create your product and your timeline used so choose accordingly as you create your own method for success.

For more great information on this and other topics, check out the rest of our blog.

The FBI has reported that cybercrimes cost people more than $6.9B in 2021. That’s a $2B jump from 2020, according to their annual Internet Crime Report.

Today we see all types of cyberattacks with government organizations conducting vaccine research and managing COVID-19. For these targets, the result is negative publicity and reputational harm. When panic is about and emotions are running high, hackers see this as a prime time to attack you.

As an individual or a part of a larger corporation, what can you do to protect yourself? Read our guide below to learn what types of cyber security attacks to be aware of.

Malware

Malware stands for malicious software. The intent of the software, program, or code is to harm a computer, network, or server.

This is one of the most common types of cyberattacks out there and is often used as an umbrella term for other attacks such as ransomware, trojans, spyware, cryptojacking, viruses, worms, keyloggers, and bots.

Ransomware

A ransomware attack is a type of malware that will lock out a user to their system until payment (ransom) is met. These types of cyberattacks aim to exploit vulnerabilities in the system while gaining access to the network.

Hackers will block access to hard drives or encrypt files. Payment is typically demanded with private cryptocurrency.

Phishing

A hacker will try to phish sensitive information such as your password, PIN, or account numbers from you using social engineering techniques. This is done through e-mail, texting, phone calls, and social media.

Examples of this include impersonating a doctor, government organization, or courier. If something feels “phishy” it most likely is—do not be fooled.

DoS and DDOS

A DoS (Denial-of-Service) attack will flood a network with false requests with the purpose of disrupting business operations. When these types of cyberattacks occur, users won’t be able to do routine things like e-mail, accessing sites, or private accounts.

Head here to see what you can do to prevent this from happening to your company or organization.

Cryptojacking

Cryptojacking is one of the new emerging types of cyberattacks. How it works is when a hacker gains access to a person or organization’s computers to mine cryptocurrency.

The hacker will gain access to the computers by getting them to install malware with a phishing attack. This can also happen when the victim visits a site and there is a snippet of code inserted to mine the cryptocurrency. As cryptocurrencies rise in popularity and value, cryptojacking is something to be aware of in the future.

Be Cautious of the Different Types of Cyberattacks

Whenever you go online, you are vulnerable to these types of cyberattacks. By understanding how hackers and bad actors think, you can better protect yourself, your loved ones, and your employees.

Hopefully, you enjoyed this article about the different types of cyberattacks. As technology changes, you will need to keep up. That’s why we highly encourage you to check out our other blog posts to learn more on the subject.

Precious metal investment has long been popular globally. It allows investors to enjoy a high liquidity level and dodge inflation. It also comes with no credit risk and lets you diversify your portfolio. But while most people consider gold and silver as suitable metal investments, you may also think about putting your money into other choices. Platinum can be an excellent option for precious metal investment in 2022 and beyond.

The popularity of this shiny white metal has become more rampant over the past years. It is because it has a higher boiling point than the other metals. However, if you are still wondering if putting your money on this type of metal is worth every cent, these details will prove the value of this investment. Make sure you have enough precious metals advice before taking the big step on investing your money.

What is Platinum?

Most people can distinguish this metal as a gleaming white material. However, it is heavier, stronger, and denser than white gold. It is also rarer and purer than gold.

Many jewellers also prefer this metal over the other options due to its durability and malleability. They can mould or press it into any shape without the risk of breaking or cracking. It is also shinier and more elegant than other metals.

Why Invest in this Metal?

Putting your money into this precious metal allows you to have a unique investment opportunity. Some of the things you will enjoy if you include it in your investment portfolio includes:

  • Low-risk entry for beginner investors who are unsure about what to get for their first venture
  • Minimal correlation to the action of traditional assets and survives well during instances of economic recovery
  • Broad range of uses in various technologies

Unexpected Uses of this Metal

The Royal Society of Chemistry mentioned that while this precious metal is popularly used for jewellery-making, its primary purpose is to create vehicles’ catalytic converters. However, there are other uses for this metal group that you may have never considered before.

Some of the most uncommon uses of Platinum include:

  • Helps Treat Cancer – In chemical forms, this metal can delay or diminish the division of existing cancer cells. It is also used in numerous drugs for treating cancer.
  • Makes Vehicle Safer – Silicones cured with this metal are used to cover and secure airbags from their triggering systems. It allows the airbags to stay stable for a long time without the risk of deterioration.
  • Boosts Personal Hygiene – There are numerous personal care products like shampoos, lipsticks, and even contact lenses created using the chemical form of this metal. It can also make medical elastomers that help heal wounds rapidly.
  • Keeps the Body Warm – The catalysts of this metal can create petrochemical feedstocks. It is the most common raw material needed to develop synthetic rubber, plastics, and polyester fibres to manufacture blankets and clothes.

What are the Best Ways to Invest in this Metal?

The ideal way to put your money into precious metals is to purchase them outright and get your hands on their physical form. Some of your options include buying platinum jewellery pieces, platinum bars, platinum bullion, and bullion coins.

It is also best to put your money on exchange-traded funds (ETFs) through traders with a trustworthy reputation in holding precious metals. You may also seek help from experienced investors who have a vast knowledge of the precious metals industry.

Investing in precious metals will help secure your investment portfolio. You only need to look for reputable sources where you can put your money to avoid the risk of losing your hard-earned funds.

The International Organization for Standardization (ISO) is an independent group that has developed over 22,000 standards today. Moreover, there are only three main types of these and one of which is ISO 14001:2015 or the standard for Environmental Management Systems (EMS).

This standard provides guidelines and a solid framework for creating your company’s successful EMS. However, an ISO 14001 certification is voluntary, yet more organizations are now including it in their systems. As a result, there was an 11.5% or 36,000 increase in the total number of valid ISO 14001 certificates from 2019 to 2020.

The Benefits

The ISO 14001 standard has specific requirements designed for businesses to diminish their ecological footprint and thus their negative impact on the environment.

Construction and manufacturing companies will greatly benefit from better waste management and more significant resource lower-cost strategies. Similarly, small and medium enterprises (SMEs) and service industries can also be given an advantage and show their environmental commitment to using natural resources more efficiently.

●       Improves Environmental Impact

An audit of your company’s environmental efforts and impacts will determine which areas the ISO standard can specifically help you.

Depending on your needs, the standard can provide you with guidelines on streamlining environmental processes to reduce pollution and waste from your business operations. It reduces resource costs and promotes more efficient material use that can reduce the carbon footprint and mitigate climate impact.

Addressing all current and foreboding environmental issues will guarantee you an iso 14001 certification.

●       Reduces Costs

As mentioned above, improving your operational techniques can help save your company more money in the long run. New energy-efficient machines and a clean, modern working environment mean better and healthier working experiences. Your enterprise then prevents liability costs from the reduced accident risk.

In addition, your business can procure insurance at lower costs as you show your commitment to being eco-friendly and sustainable. The reduced energy bill and consumption and less water, material, and other resource input will also continually improve your environmental impact over time.

●       Demonstrates Compliance

The certificate keeps your company in line with the regulatory and statutory laws and requirements. The guidelines don’t stop working once your business has acquired the certification. Thus, it is an ongoing task to implement the framework to prevent breaches and complications.

Most importantly, a negatively-seen company in the public eyes will not gain the favour and trust of consumers, especially an environmental advocate.

●       Opens Up New Opportunities

Today, investors and stakeholders are similar to customers in prioritizing environment-conscious and trustworthy brands. Thus, demonstrating and establishing your environmental efforts and positive impact is crucial to acquiring sales and investments.

Furthermore, obtaining and maintaining the ISO certification builds your credibility that existing customers would choose to be loyal to and even recruit more allies. In addition, most organisations now prefer to work with ISO 14001-certified companies even if they haven’t worked with a company like yours before or they only know little of your brand.

The Maintenance

Getting an ISO 14001 certificate is a feat in itself. Thus, maintaining it is crucial for your image and better environmental impact.

Your company must have a clear-defined list of EMS-skilled and trained leaders and employees. These individuals must allocate roles and responsibilities to make your environmental efforts successful. In addition, every non-compliance, comment, and recommendation must be revisited and repaired.

Addressing all minor and significant concerns will be essential in maintaining your status as the ISO conducts regular audits and follow-ups.

It delivers information services to give you a more assertive security posture, insulate your enterprise against threats, and reinforce your cyber defences. In addition, cyber security services assist organisations in analysing and managing their cyber risks.

Hackers’ strategies evolve every day, and organisations must keep up. In addition, many cyber security services offer tremendous monetary and non-monetary value to an organisation. Therefore, organisations must be aware of the most up-to-date tactics to defend against growing risks.

Cyber security solutions that your business needs to prevent cyber attacks include

Perimeter Security

The perimeter security solution is the first form of cyber security your company should have. This type of solution acts as a firewall between your network and the Internet. Moreover, these technologies increase the number of solutions and services to maintain security.

When there are many connections, a single piece of malware can infiltrate and spread throughout the network. To combat such threats, you’ll need to set up a perimeter security structure that protects critical data, apps, and services.

Intranet Security

Intranet security solutions are a sort of cyber security servicessolution. Protecting individual devices and PCs against malware infiltrating your local network is essential for cyber security.

Human Security

Many computer users feel that the only dangers they should be concerned about are creative hackers and software attacks. However, human errors such as using weak passwords, connecting to insecure networks, and responding to spam emails account for 23% of all security breaches.

Tips For Increasing Human Security Within Organisations:

Employee Training

Staff should receive thorough security awareness training to protect themselves and your company from various dangers. You can either host training sessions in-house or hire a third party to help you train your personnel.

Teach your staff about the capabilities of each type of malware so that they are aware of the warning signs if their device is infected, as well as the need for a strong password and correct password-setting practices. You should also require your employees to use unique passwords for various applications. Even if a hacker obtains a password, they will not be able to access all of the programs on your network.

Security Testing

Conduct security testing to confirm that your staff have received all of your required information. Security testing is a great way to reinforce the security procedures you want your personnel to follow. According to some research, security testing has helped certain businesses lower their sensitivity to threats by 20%.

What is Incident Response (IR), and why does your business need one?

Even the most sophisticated security infrastructure will not be able to prevent all invasions or harmful activities. However, you must be prepared to respond effectively if a security event occurs. It all comes down to how quickly your firm recognises, analyses, and responds to an occurrence.

It’s never been more critical to keep your network stable, reliable, and secure than it is now.

Computers, tablets, phones, and other devices that manage all of the demands from databases, email clients, programs, and other sources can cause issues and areas of vulnerability. It’s critical to have confidence that your company’s IT infrastructure is secure and monitored around the clock.

Your company cannot protect itself against data breach campaigns without cyber security services, making it an easy target for thieves.

Many businesses are forced to follow compliance rules, requiring extra degrees of data security to avoid catastrophic data loss and hefty fines.