Recent revelations of abuse by supposedly world-class practitioners on Wall Street and at companies like Enron underscore the importance of a realistic approach to risk management.

In last month's Advisor (" The Devolution of E-Business," 27 March 2002), I described how the devolution of e-business, rather than signaling the end of e-business, is really an opportunity for the business as a whole.

In last month's Advisor (" The Devolution of E-Business," 27 March 2002), I described how the devolution of e-business, rather than signaling the end of e-business, is really an opportunity for the business as a whole.

"A man will do anything for a biscuit." --Judy Onos, Project Manager, Bell South

Throughout much of the economic boom times of the mid- to late 1990s, developing software at Internet speed was the rage. Most organizations employed strategies intensely focused on time to market, oftentimes without regard to cost.

Throughout much of the economic boom times of the mid- to late 1990s, developing software at Internet speed was the rage. Most organizations employed strategies intensely focused on time to market, oftentimes without regard to cost.

The 1 April issue of BusinessWeek magazine has an excellent article that provides a review of what actually happened during the last decade ("Restating the '90s" by Michael J. Mandel, http://www.businessweek.com/magazine/content/02_13/b3776001.htm).