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Other perspectives:* Compliance with regulations (e.g. OSHA EPA) frequently add cost, where the people who must comply often dispute, or feel hostile towards motivation behind the regulations, especially if they sense any incompetence in those enforcing the regulations.
** I should think that stories of the hell on foreign workers, not protected by any health and safety standards, should inspire any person of good will to lobby for a system that protects them also, so that their employers are less able to compete unfairly with the cost of our protection.
* Some technology has false positives ... so our alarm system has false alarms, the police arrive, but there is no break in, and after we have a certain # of false alarms in some time period, there are fines imposed ... we have the trigger now set that the alarm company calls top executives who make the decision whether to do self-policing (gang of employees) before calling the real police. Plus we have had break ins where the alarm system got bypassed.
** All physical break ins so far at my employer (GWT), the burglars were clever getting in, but used brute force inside to bust things open, not using means such as over false ceilings to get into "locked" places. I wonder how many stockholders might want to know how much of business is "secured" in places accessible over false ceilings, behind gates where the physical lock hangs unlocked all day. (Burglars can substitute their lock, night crew locks up using burglar lock, they return after no one there, unlock their lock, do their thing, lock up using correct lock.) Plus we had employees with desks that cannot be locked.
* There is widespread sense that no person nor company can think of everything, so combined with any rules can get broken, what is most critical is to have appropriate levels of insurance as protection against the unexpected, or expected risk but no know when it might strike We have had insurance companies doing ISO-style questions, where base ISO requires that a company with a flawed process, have that process written down and be audited to verify they doing the flawed process, but then the written down process can be compared to high class practices, and employees asked about what is not in the written down stuff.
* Like accounting, IT is an expense burden upon the company, but it is small expense compared to if there were no accounting or IT specialists, with every employee having to do the stuff that that the accounting and IT people do for them.
midrange-l-request@xxxxxxxxxxxx wrote: > 3. RE: Sarbanes-Oxley / my opinion (Doug Hart) > >SOX does not help our company build or sell product but has cost us big >bucks. Tell that to the stock holders. Out of curiosity, regardless of my employer (PowerTech), I have to ask --How were stockholders answered when they asked how often company information assets were abused, stolen or altered without authorization and what the losses amounted to? In a physical sense, would stockholders be pleased to know that no one locked doors and there were no alarms in the buildings to notify someone of an overnight break-in?I would think that if such things were well handled before SOX, then there shouldn't have been a significant cost resulting from SOX.I know this has sounded confrontational, but I really have little idea (as far as SOX goes for policy implementation). My view is obviously from a very different perspective. I figure that anything I can learn from another perspective gives me a better chance of doing my work better.Tom Liotta __________________________________________________________________ Switch to Netscape Internet Service. As low as $9.95 a month -- Sign up today at http://isp.netscape.com/register Netscape. Just the Net You Need. New! Netscape Toolbar for Internet Explorer Search from anywhere on the Web and block those annoying pop-ups. Download now at http://channels.netscape.com/ns/search/install.jsp -- This is the Midrange Systems Technical Discussion (MIDRANGE-L) mailing list To post a message email: MIDRANGE-L@xxxxxxxxxxxx To subscribe, unsubscribe, or change list options, visit: http://lists.midrange.com/mailman/listinfo/midrange-l or email: MIDRANGE-L-request@xxxxxxxxxxxx Before posting, please take a moment to review the archives at http://archive.midrange.com/midrange-l.
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