Blog: Claudia Imhoff

« Gone Phishing... NOT! | Main | CEOs Take Stock in America's Future »

BI and the CCO

I got an email recently from a friend of mine about an "evolving corporate office" dealing with a corporation's compliance - The Chief Compliance Officer (CCO). It is an interesting one that may have relevance to your enterprise. After reading the next sections, please add your own comments. Here is the rest of his email.

"Hi Claudia,

The organization chart in your recent B-eye article is missing an evolving corporate office that I think will play an increasing role in business intelligence. Part of the problem is that there is no commonly accepted initials for the CCO (Chief Compliance Officer). In some firms the title is Environmental Affairs, Chief Ethics Officers, Corporate Responsibility or Sustainability Officer. More prevalent in Europe, but you find Alcoa, DuPont and HP filling posts, as well as Starbucks and Green Mountain Coffee Roasters.

The significance is simply that the metrics and reporting associated with this issue is merging with SOX compliance, but right now the metrics work involved is not on the radar of the core business intelligence community. It's being developed by niche players, but I project a growing demand. The biggest reason for the demand isn't bleeding hearts, but tracking business benefits. Cutting waste drops heavily to the bottom line and more opportunities are being explored daily. So when firms like Herman Miller set goals for zero landfill by 2020 from their furniture operations, they generally have to pioneer the related business intelligence as well as the relevant business processes.

I think there is an opportunity to play a leadership role in the broadening beyond-compliance, business world."

As I said, an interesting and perhaps cntroversial position. What do YOU think? I look forward to hearing from you.

Yours in BI success,

Claudia

Share: