Stories by Divina Paredes
By 2007 at the latest, the International Financial Reporting Standards (IFRS) will take effect in New Zealand.
IFRS, developed by the London-based International Accounting Standards Board, is a major step to globally harmonise accounting standards.
Deconstructing leadership - what constitutes it, who has it - is a subjective process.
But four months ago, at the Wellesley Club in Wellington, this writer experienced leadership personified.
Marcel van den Assum says the meeting starts middle of the afternoon, ends two hours later, and "concludes with a few drinks if it works out, [as] it normally does".
"We present to them collectively our direction, our priorities, our road map." An open forum follows, and sometimes a debate.
On acquiring and being acquired
Marcel van den Assum, Fonterra: One of the most important aspects of governance pertaining to IS, is alignment within the organisation through different governance structures.
Or, to put it more specifically, alignment of governance structures. For example if you're developing a corporate culture, corporate values, it's vitally important that that culture, those values, are understood in the context of IS governance.
Planning for business continuity
The 2005 winners, chosen by major venture capital and technology companies, includ-ed companies working on anti-terrorism software and treatments for cancer and Alzheimer's disease.
The WEF believes these pioneers have focused on four major trends: Global demographic shifts, an impending energy crunch, mobile devices and greater security concerns.
April Walker, Southern Cross: We are at one of the early stages of considering our strategic direction in telecommunications technology for voice over IP. We're in the process of looking at what we've got, where we might be going in the future, and what we're likely to need. Obviously VOIP has cropped up as a potential direction for us so it's something that we're looking at and considering. Previously one of our call centres was operating on VOIP technology but we disestablished it. We moved the call centre. We merged it back into the main call centre.
Catherine Rusby, IAG: I'm just reviewing the final paper that's going to be submitted to our board in a couple of weeks to say, 'You won't hear from us again because we're done [with our project].'
Nailing the basics of IT governance has been a key step in the development of every world class IT organisation (ITO), notes a recent Meta Group report.
However, the analyst firm points out, for many organisations, governance is a "nebulous" term. "The typical ITO's view of governance is a tactical prioritisation committee incorrectly termed the 'IT steering committee'."
There is also a lot of mistrust and rivalry between co-workers regarding flexible working, and those who work away from the office are subject to criticism and corridor gossip from colleagues, says a new report.
According to the report Mobility and Mistrust commissioned by Toshiba and conducted by Sweeney Research, only 35 per cent of New Zealand organisations currently have flexible workplaces. Yet, 39 per cent of personnel in non-flexible workplaces have jobs that can be undertaken flexibly.
The result is a constant game of catch-up, with companies investing in technology to support new business investments and then discovering they have to plug the security holes the new investments created.
A recent AMR Research survey of 220 IT and security professionals shows 56 per cent of companies will increase their security budgets by an average of 7.4 per cent, while only 2 per cent plan to decrease them.
Corporate data is no different from iron ore, says Mike Evertzen of Telecom.The latter is just rock in the ground and becomes of value only if extracted.
"It is the same thing with data," he says. "It is meaningless if it sits in its raw form."
After 18 months of trying to streamline corporate reporting through a data warehouse integration, Redeal opted for a fresh approach that is now paying dividends.
Multiple legacy systems were the challenge for group IT manager Peter Jameson. When it came time to produce reports for either the local operation or the company’s Paris head office, data had to be extracted from four servers and, depending on complexity, the process would take half a day or longer. Then, if a combined result was required for the entire organisation, these reports had to be merged using Excel. The process was “time consuming and prone to error”, says Jameson.
The Asia-Pacific region is seeing repeated attacks launched from fraudulent email and “that is just the beginning,” Brightmail’s Garry Sexton warns.
Authorities need to attack the people behind the “criminal side of spam”, as these could adversely affect business communications – particularly those of networked enterprises, says Sexton, vice president Asia-Pacific of the anti-spam software and services firm.