ABC Learning: The Parents’ Dilemma

Here in Australia, the big parental news (well, amongst parents of the under-5 set it’s a big topic, and amongst singletons and non-parentals it’s kind of a non-issue) is the failure of ABC Learning.  A failure that comes despite guaranteed cashflow, subisidised products, high demand for services, and captive guilt-ridden parents.  We have a 3 year old at one centre, so we know all about it!

Clearly Eddie Groves over-extended the company, and it’s become increasingly apparent that a business that seems too good to be true, with poor governance models, from a person whom you probably wouldn’t trust as far as you could throw him (‘Fast Eddie’ never gave a vibe as being the brightest candle in the candelabra), usually is too good to be true.  It’s since emerged that the mounting profits were built upon structured relationships, dodgy accounting, and a very poor relationship with the truth.  Apparently the company was valued at over 3 billion dollars, but 1.3 billion of that was intangible assets – most of which it seems related to the ABC brand, which is now more like the kiss of death than anything of value.

20-20 hindsight is a wonderful thing, and it seems the writing has been on the wall for some time.  Nevertheless, it still came as a shock to parents who naively believed what they were told:

  • It started out that the media was just being mean to ABC Learning.
  • Then it became that ABC Learning was renegotiating with the banks and it would all be OK.
  • Then it became that the receivers/managers had been called in, but it would all be OK and no centres would close.
  • Then it came out that 40% of the centres were currently unprofitable.
  • Then it came out that 40% were actually unviable and would be closed.

And then last Thursday we had TV cameras outside our centre.  Not a situation to make working parents feel relaxed and comfortable. 

As a result of all this uncertainty, parents seem to be taking their kids out in droves now.  And staff have also got the message and lots have left.  It has become a version of the prisoners’ dilemma.  If all the parents stay, it’s unlikely that the centres will close.  However, if you stay with the centres, you will discover that there are no places left when the centre does collapse, because all the other parents took those places.

It is a real pain and a worry, and at the least it’s clearly a distraction for staff.  Our centre held a ‘positive pink’ day today, asking the kids to come in pink shirts to support the staff – and fair enough too, given that the staff aren’t the ones with over-ambitious ideas and a completely fatuous understanding of business and business ethics (hint:  the ones with this would seem to include Eddie Groves, Le Neve Groves and indeed the erstwhile chairman, Sallyanne Atkinson).  In particular, if Eddie Groves were to spend the rest of his life clutching a wine bottle and drooling into the gutter, I would only think uncharitable thoughts. 

But Eddie is not the staff.

Today when I collected my child from the centre one parent was fixing to have a barney with the director over a lost water bottle.  Admittedly such things are frustrating, particularly when they’re labelled and clearly belong to the child in question – but the director has had to battle staff shortages, parents withdrawing their kids, a bankrupt company, the receivers today and, to top it all off, a nice bout of gastro.  For all I know, the staff decided to play soccer with the drink bottle by tying it to a rope and into traffic, and then sending the child to go get it.  I am assuming that doesn’t happen, but of course sometimes I’m sure it’s a tempting idea :).

The receivers/managers, and the government, had better make sure there’s a clear path soon with these centres, or there’ll be worse to come for parents.  If they’re going to be sold off, the sooner the better, I think, and get any rejigging over and done with as soon as possible.  I for one won’t miss the jolly pink teddy bear threatening us all as we come into the carpark.  I know that we as parents are getting a little tired of being lied to as to how things are going – we’ve got a couple more years of association with the centre and I don’t know where it’s going to go.  We’ve been loyal, we’re staying loyal (to the staff), but eventually loyalty and $3 will buy you a cup of coffee, particularly if your child is out on the street. 

The parents’ dilemma will become increasingly real for many parents over the next little while, and they had better get their act together soon. 

Answering assignments at a University Undergraduate level

Anyone who has been following my twitter lately will have come to the realisation that one of the things I have been doing for fun and profit lately is lecturing in IT Governance at Queensland University of Technology.

I have to say, as for the fun and profit side of things, I don’t think I can recommend it as a hobby for anyone J. Although you probably already knew that.

I have just finished marking the assignments, and what has struck me is the apparent difficulty that exists for students answering an assignment, so I thought I’d do a bit of a pointer overview for anyone who ever intends to submit an assignment to me in the future. With any luck, I’ll expand this blog post into something more by the time I get to lecture again in the subject next year.

Honestly, I think I will spend an hour in one lecture just going through this overview so that assignments (and by extension, exams) are answered well.

The following pointers are relevant as far as I am concerned if you are ever intending to provide an assignment that gets an above-average to good grade. If you follow these pointers you should at least pass the subject.

Listen to the lecturer

The lecturer wants you to do well. Certainly, I at least know that I’d rather mark good assignments than bad ones. So, attend lectures and listen when subtle (and not so subtle) hints are made regarding the assignment.

Phrases like ‘be sure to read the question’, and ‘only answer the question’ come to mind. Other magic phrases come to mind like ‘This would make a good assignment question’, and ‘Be sure to know what a <insert special word here> is’.

And turn up to lectures and asking questions is a sure way to get an insight into what the lecturer is on about. Not everything can be in the Powerpoint.

Know the marking scheme

Understand the marking scheme, and write so that you address it. For instance, with this most recent assignment, 40% of the total marks were for knowledge, 40% were for analysis, and 20% were for research and communication.

So every answer you give has to address this marking criteria.

Just so you know, Googling and copy-and-paste don’t count much as knowledge unless you’re taking a cut-and-paste class. To me, to demonstrate knowledge you have to provide some facts that answer the question, certainly, but it needs to be your own words (and back it up with research where you need to).

To demonstrate your powers of analysis, you have to answer the question ‘why’? It isn’t good enough to say, ‘do X’, or ‘this applies’ – answer the question why do it, or why does it apply? If your answer doesn’t demonstrate at least some reasoning, you’re going to be missing out on the question. This applies unless the question explicitly states you don’t need to follow the marking scheme for that question.

To demonstrate research and communication, you would firstly be expected to show that you have done some independent research. At an undergraduate level, this probably doesn’t need to be a lot, and in fact it is probably going to be ‘bad’ research. But with things like Proquest around these days there’s really no excuse not to find an article somewhere that demonstrates your point of view. Secondly, you need to write your answer in language that is grammatically acceptable. I know this is tough if English isn’t your first language, but it seems to be tough for non-native speakers as well. To me, to get the answer right, your answers need to be grammatically correct (at an undergraduate level, by grammatically correct I mean tense that is consistent, sentences that are full sentences with a subject, verb, noun, clauses, full stops – that sort of thing).

To me, given the state of the world today you don’t really need to worry too much about using active or passive voice, or even writing great prose (and to be honest, great prose is probably a communication hindrance). Good spelling is a must, but I personally wouldn’t start to ping you until I’d seen a couple of spelling errors every two or three hundred words. Beyond two it’s getting far too sloppy. Think about it – a 5-page report will be about 1,250 words – one typo every 100 words is 13 or so typos in that single assignment. I can live with that, but I can’t give you top marks.

Recall too that paragraphs are your friends, as are dot point lists. If it’s a full assignment, I suspect most lecturers won’t accept dot point answers, but if a dot point list answers the question clearly and easily, use a dot point list after an an introductory paragraph to get the facts out, and then put your analysis in paragraphs.

Format and technical issues

If you have a word limit, stick to it (at least within coo-ee of the word limit, please – more than 10% over the limit is probably going to be a problem for you, not me). To make your case about how you stuck to the word limit, I’d put the word count at the beginning of the assignment, smack dab on the front page.

Have a cover page, headers and footers, and, if your assignment has an appendix, a table of contents is appropriate as well. It will depend on the marking scheme as to whether this affects your mark, but in professional life as well as academic life the ‘duck theory’ applies: if it looks like a duck, walks like a duck, and sounds like a duck, it’s a duck. Make sure the assignment looks the part.

Be sure to give the assignment a good re-read prior to submission to check for spelling errors, word usage, and complete sentences. This means finishing the assignment 48 hours beforehand, letting it sit, and then re-reading it so you’re not so close to the assignment.

Oh, and make sure that little things like page order are done properly, and don’t forget to add your appendices in!

Read the Question

You need to be sure that your answer is actually answering the question that has been asked. This is particularly important when you have a restrictive word limit. Don’t spend a great deal of time defining a term when the question did not ask you to. This can demonstrate knowledge, but will never address analysis and evaluation capabilities, particularly when the definition is virtually copied and pasted.

Be careful that you don’t give the right answer for the wrong question. You can give a good answer, but if it does not answer the question actually asked you will do poorly.

Be certain that your answer addresses the requirements of the question. In answering a question, focus on the verbs that request you, as the student, to do something. Consider the following question:

1. Outline the importance of IT governance to Australian business organisations by accessing current IT governance research. Assess the overall IT governance of Mudflat Plains City Council and provide recommendations regarding steps the organisation could take to improve its IT governance processes.

To do well, the answer had to use words like ‘IT Governance is important because <insert reason>’. Research should be cited too in making this answer (given that the question asked you to do this by ‘accessing current IT Governance research’).

An assessment needed to be provided of IT Governance (e.g. ‘In my assessment IT Governance at MPCC is level 2 in accordance with the maturity model because <list some reasons why>’. Finally the answer needed to provide reasonable steps that could be taken to improve MPCC’s IT Governance processes.

Defining IT Governance is vaguely useful to the answer, but not much, and is not worth spending a great deal of time on as it is not requested in the answer.

I really hope that this helps some students with preparing an assignment at a University level.  I can see that next year I am going to devote a chunk of time to preparing an assignment.

BSB213 Governance Issues in e-Business – Workshop 10 and Workshop 11 Solutions

At the request of a student, I am blogging the solutions to Workshop 10 and Workshop 11 of the subject I have been teaching at QUT.

These are absolutely not intended to be ‘perfect’ answers for the tutorial – they are designed to enhance discussion – but will give students a shot at understanding how to answer a case study.

The workshop solutions are here:

Students (or anyone for that matter) should feel free to email me to discuss these answers. 

Business impact of online social networking

Last Thursday I had the pleasure of presenting a three-hour workshop at CPA Congress in Melbourne on the ‘Business Impact of Online Social Networking’.  Partly my presentation was regarding the business risk of online social networking, but also considering the positives and how online social networking can be used to make growing your enterprise.

@micktleyden was there, as was @alex_d13 from time to time.  I think it went fairly well – I have to say that three hours is a long time for any workshop.

Overall I was happy with it – as usual my opinion though doesn’t count so if you attended please feel free to email me or leave a comment either here on my blog or at the CPA Congress community.  Incidentally, I have to say that having the OSN to support the conference has been a different and good idea – it allows you to get expectations sorted out a little earlier and provides a framework for an ongoing discussion outside of the three-hour workshop.  Depending on your perspective that may or may not be a good thing.

Anyway, as usual you can download the ‘Business Impact of Online Social Networking’ workshop notes here.

Incidentally, the PR machine at CPA Australia has been working overtime – there’s been an interview with a journalist at Melbourne MX and apparently I am to appear on ABC radio in Melbourne with Richard Stubbs, about 2.30pm Melbourne time.

As it’s radio I probably won’t have to shave…

All good fun.  Hey, if I run out of things to say about online social networking perhaps I can talk about budgeting (did a thesis in it), database querying (did a thesis in it), technology dominance (doing a phd in it) or IT governance (lecture in it)

I am a dilettente.

Technorati Tags:

ITGI Roundtable discussion

Yesterday I had the privilege of attending the Brisbane ISACA chapter’s Executive Lunch with John Thorp on the topic of Value Governance, Investment Management and Portfolio Management.  Amongst many other qualifications, John chairs the ITGI Val IT Committee.

John’s luncheon presentation was very, very good, and reaffirmed some of the positions I’ve had for some time now.  What I love about COBIT and VAL IT is that it is bringing a framework to all that stuff we have in the past done ‘just because’. 

Some highlights for me from John’s presentation were the following points:

  1. IT investments don’t exist, this is all about investment in IT-enabled change – which we can only change when business and IT know who is responsible for what.
  2. A nice little formula from John:  OO + NT = COO [Old Organisation + New Technology = Complex Old Organisation].  Seen that a few times.
  3. Appealing to the television geeks in the audience (like myself), John pilloried the Star Trek school of management – ‘Make It So!’ is rarely as successful as it is in Star Trek.  For a start, most people have no common view as to what ‘it’ is.
  4. John has a nice turn of phrase – ‘bad news does not get better with age’; ‘decibel-based decision-making’, ‘more effort into less things for more value’ (so true!).
  5. Apparently governance goes back to the Greek word ‘kubernan’, which is defined as ‘continually steering or adjusting to stay on course’.
  6. There is a new VAL IT – VAL IT 2.0, which partners COBIT more closely than in the past, and is maturing.  I suspect that in a year or two the course I am giving on IT Governance needs to pick up on this point and move with it.
  7. What I have always referred to as a ‘business prioritisation forum’ is better called an ‘investment services board’ – at least that is what it is in VAL IT parlance.

I believe John’s presentation will soon be on the Chapter website.

Last night I had also had the honour of attending dinner for a recorded roundtable discussion on the topic of IT Governance, with many local professionals giving their thoughts and comments.  One of the curious things that really did highlight for me is probably that the term ‘IT Governance’ is all wrong – which is why ISACA’s new qualification is called ‘CGEIT’ – Certified in the Governance of Enterprise IT.  I haven’t met anyone yet who actually likes the term, yet we keep using it and getting confused with corporate governance issues.

I mean, why don’t we have a marketing governance or an HR Governance, or such like?

At any rate, John is very passionate about advancing the profession in the world of IT management.

It was a good night, and we certainly managed to relax after the microphone was turned off in the convention centre.  I was bitterly disappointed though – the Plough Inn was closed at 10.20 on a Thursday night.  Bitterly disappointed!