In late November, the Chancellor of the Exchequer Gordon Brown stunned the UK business community by unexpectedly announcing that the long-awaited public company reporting requirement called the Operating Financial Review (OFR) was being abolished. The OFR, scheduled to go into affect in April 2006 after already being postponed a year, was meant to provide shareholders clear, comprehensive, and complete information on the operations and thinking inside UK public companies.
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About The Author
Robert N. Charette is a Cutter Fellow and a member of Arthur D. Little’s AMP open consulting network. He is also President of ITABHI Corporation and Managing Director of the Decision Empowerment Institute. With over 40 years’ experience in a wide variety of technology and management positions, Dr. Charette is recognized as an international authority and pioneer regarding IT and systems risk management. Along with being a Contributing Editor to… Read More
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