A contrarian is a person who holds a contrary position, especially a position against the majority. In investing, a contrarian is an investor who buys shares of stock when most others are selling and sells when others are buying and usually is the successful investor who knows when to sell and when to buy since the most common trend one will identify in the stock market (or in any other platform of exchange) is that most people follow a herd mentality. There is a parallel to every other area of social interplay since contrarians reject to conform with social trends or instinctual responses to social triggers without thoroughly analyzing the factors that led to their ignition. A contrarian isn’t one who always objects – that’s a conformist of a different sort. A contrarian reasons independently, from the ground up, and resists pressure to conform.
The building blocks required to achieve success in a business domain and differentiate the company from its competitors: Core domains : The interesting problems. These are the in-house activities the company is performing differently from its competitors and from which it gains its competitive advantage. Generic domains : The solved problems. These are the things all companies are doing in the same way. There is no room or need for innovation here; rather than creating in-house implementations, it’s more cost-effective to adopt \ buy existing solutions. Supporting domains: The problems with obvious solutions. These are the activities the company likely has to implement in-house or outsourced, but that do not provide any competitive advantage. Domain experts are subject matter experts who know all the intricacies of the business that we are going to model and implement in code. In other words, domain experts are knowledge authorities in the software’s business domain. T
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