Armchair Architects: Concentration Risk

From the creator

Concentration risk is defined in the financial sector as an over-investment or over-indexing in a specific area to the detriment of the larger portfolio. This same concept is gaining traction with cloud solution architects because of the tendency to focus too much attention and resources on one key piece of technical risk within a solution. In this episode of the #AzureEnablementShow, Uli, Eric, and David discuss the risks of concentrating your solution on one technology and how to avoid what Uli terms ‘silly miracles’ and ‘shiny objects’. Related Episodes • Armchair Architects: The role of Simplicity in Architecture https://aka.ms/azenable/84 • Armchair Architects: So, you want to be an Architect? https://aka.ms/azenable/83 Chapters 0:00 Introduction 0:40 Eric defines concentration risk and gives and example 3:09 Uli talks about how to determine if you are too bound to one technology and gives an historical example 7:55 Eric reacts to David’s phrase ‘Economy of Attention’ and adds the concept of ‘Silly Miracles’ 8:55 Eric gives an example of a ‘Silly Miracle’ 9:42 How to best avoid ‘Silly Miracles’ 10:54 Eric reiterates the original concept of concentration risk from a financial perspective 11:27 Uli recommends keeping an open mind to determine the most rational approach, and don’t be afraid to consult with colleagues for another point of view 12:51 How to avoid the pitfalls of chasing the new ‘shiny object’ solution

Published 2023-04-25 · Watch on YouTube ↗
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