Outsourcing quality assurance can significantly reduce software development costs by 30-50% and enhance quality by 35-40%, thereby enhancing profitability and enabling businesses to focus on core competencies.
#QATesting#SoftwareDevelopment#CostSavings#QualityImprovement"
10 Mental Models that will level up your Thinking:
1. First Principle Thinking - Rethink the problem from the ground up.
Separate the underlying facts from assumptions made based on them.
2. Second-Order Thinking - Instead of thinking about the immediate consequences, think about the second-level consequences.
3. Inversion - Look at the problem at hand from the endpoint instead of the starting point.
Don't ask: "What do I need to do?"
Ask: "What must I avoid?"
4. Opportunity Costs - Think about the costs that arise because you decide in favor of one option and thus against every other option.
5. Randomness - Keep in mind that there aren't always cause-effect relationships.
Lots of stuff is random.
6. Leverage - “Give me a lever long enough and I shall move the world.” - Archimedes
7. Margin of Safety - Assume that your assumptions can be wrong and plan with a safety margin.
8. Occam's Razor - Always choose the less complex explanation/option.
"Never multiply unnecessarily."
9. Law of Diminishing Returns - Up to a certain point, additional units offer more value.
But there's a turning point where additional units offer less and less value and costs rise.
10. Niches - Specializing is an effective way to success. Use it and choose a niche where you become an expert.
What Mental Model helps you the most?
Billionaire investor Dan Loeb believes studying this one company is worth more than a 2-year MBA.
Surprisingly, it isn’t Amazon, Apple, or Berkshire Hathaway.
As one of the all-time best-performing stocks, it’s delivered 4,500%+ returns over the last 25 years.
Let’s dive in!
Yesterday, the Pakistan Ireland Business Council hosted a lunch for P@SHA delegates at RDS Club on Day 1 of @DubTechSummit 2023 in the honorable presence of H. E. Aisha Farooqi (Pakistan's Ambassador to Ireland).
#DTS23#IT#beyondborders#PKinIreland
The Pak-Ireland B2B Tech Connect event is about to begin! Bringing together #business leaders, top #IT innovators, and government stakeholders from both economies.
View the agenda and more at: https://t.co/njkqwq7omE
#DTS23#PKinIreland#PASHAConnect
On auspicious occasion of 92nd National Day of Saudi Arabia, we pay tribute to its rich history, culture, and transformation resulting from the Vision 2030. We wish people of KSA a joyous National Day @FilmMOC @KSAmofaEN @media_ksa @SBAgovSA 🇸🇦🤝🇵🇰