By Hugh Taylor
The enjoyment of SOX examines how the Sarbanes-Oxley Act (SOX), decried as a painful dampener of industrial agility and innovation, in addition to a major waste of cash, can truly be a catalyst for badly wanted switch in American undefined. targeting the severe nexus among details expertise and company operations and the emergence of the innovative Service-Oriented structure, this ebook exhibits businesses how one can upward push to the problem of SOX and use the laws as for enforcing much-needed IT infrastructure adjustments.
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The enjoyment of SOX examines how the Sarbanes-Oxley Act (SOX), decried as a painful dampener of commercial agility and innovation, in addition to an immense waste of cash, can truly be a catalyst for badly wanted switch in American undefined. targeting the severe nexus among info know-how and enterprise operations and the emergence of the innovative Service-Oriented structure, this ebook exhibits businesses easy methods to upward thrust to the problem of SOX and use the rules as for enforcing much-needed IT infrastructure adjustments.
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Additional resources for The Joy of SOX: Why Sarbanes-Oxley and Services Oriented Architecture May Be the Best Thing That Ever Happened to You
VCRs, DVD players, cell phones, Internet-connected PCs, and on and on. In some instances, company, and even industry life cycles follow this giddy course. Some product life cycles force a company into an incremental change in focus, while others may necessitate a complete change in direction and alliances. M&A The other major factor in the present business environment that creates a harrowing set of moving targets for managers is the pace and scope of merger and acquisition (M&A) activity. As far as a potential wrecker of sales and marketing channels, customers, supply chains, and competitive fields, M&A is perhaps the most potent force that today’s top executives face.
Whole market life cycles have become reduced. Markets for product categories, which used to be measured in decades (or centuries) are now down to years. For example, if you look at the evolution of the market for television sets, you would see a fairly standard twentieth century trend: A product appears in the 1940s. It is expensive, but eventually gains a massive acceptance in the broad market place. Improvements such as color, stereo speakers, and improved picture tubes continue to enable consumer upgrades through the 1990s, at which time the traditional television set begins to be eclipsed by replacement technologies such as the LCD flat panel display.
For several quarters in a row, DexCo has failed to meet or exceed its earnings projections, and analysts frequently express the opinion that the company should be more profitable for its level of revenue. A Functioning Mess Operationally, DexCo is a functioning mess. ), DexCo still retains some of the character of its former selves. As shown in Figure 1-1, each business unit operates with a fair degree of autonomy. Each unit has its own General Manager, who has profit-and-loss (P&L) responsibility.