There are bad guys out there!

Well 6 days on from my blog launch date I consider it to be pretty successful – thanks to everyone who looked it – that includes you! More comments would be welcome though.

I’m going to carry on with my big business sort of theme now and the next post should be the weekend.

One of the pillars that underpins de-regulation was the idea that companies would work in a ‘correct’ manner and regulate themselves. The truth is that this works well for 95% of companies but there are always bad pennies committing fraud or simply being not too careful in accounting practices. However, thanks to a few well known financial disasters, the concept of re-regulation looms large across many industries. There are many sets of rules that are now being formulated to bring governance to company business – some of the more well known include Sarbanes-Oxley and Basel II. We might ask ourselves what do they have in common and the answer is that both and many more such initiatives, demand that very accurate and accountable numbers are produced quickly from very complex underlying data – the need for Business Intelligence rears its head once again.

Re-regulation demands that some very complex numbers are delivered:

  • Quickly
  • Accurately
  • Transparently

Now if we throw into this pot a changed view of customers we complete a very complex picture.


About bibongo

I'm a consultant in the field of Business Intelligence and have been since the mid 80's which gives you some idea of my age! I'm priviledged to have held senior positions with Teradata, Oracle, Hp and EMC. I have an English son and a Swedish daughter seperated by some 18 years which is another type of welcome challenge!
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