Feeds

How to boost your Business IQ

Tackling information overload and content chaos

  • alert
  • submit to reddit

Security for virtualized datacentres

Businesses are struggling to cope with growing volumes of data and increasingly stringent corporate legislation. The problem is particularly acute in small business.

With volumes of corporate information rising at breakneck speed, market research firm MORI found that one in six of 1,000 workers surveyed currently experiences problems in finding the information they need to do their jobs. Microsoft warns that this “content chaos” impedes productivity and teamwork. And the situation is only getting worse with increased financial and regulatory pressures on businesses as government begins to regulate in real-time.

According to Microsoft, businesses that fail to address this grassroots data management issue and opt for basic legal compliance will risk falling foul of government legislation. Businesses need to bolster their basic IT infrastructures to increase their ability to react to compliance issues and work smarter, the software giant advises.

Microsoft has come up with a measure of business performance – dubbed Business IQ - determined by an organisation's “ability to store, manage and deliver access to information whenever, wherever and to whomever it is required”. Expect Microsoft consultants to be using this Business IQ concept to sell the company’s business intelligence software as a way of help businesses to improve regulatory reporting and become better organised. Microsoft plans to publish a white paper on Business IQ later this year.

But we digress.

"Businesses must realise that the right approach to compliance is about more than just dealing with each regulatory issues as it arises - it's about business competence," said Steve Harvey, director of people and culture at Microsoft UK. "Real-time regulation will place far greater pressure on businesses to meet standards. Their current lack of ability to make information available to staff shows that too many just aren't ready.”

"They need to make sure that teams and individuals are aware of their responsibilities from a compliance perspective and have the tools to carry them out. This is the basis for Business IQ - a concept that can be used by business to understand how its IT structure is likely to impact its productivity and ability to be respond to regulatory demands," he added.

Many companies lack the IT infrastructure to give staff access to information at their fingertips, with the problem particularly acute among smaller businesses. This is affecting the productivity of the UK’s small business sector, The Confederation of British Industry (CBI) warns.

"The UK has a well-documented and long-standing productivity deficit compared to our leading international competitors," said Matthew Fell, head of small business and enterprise at the CBI. "Overcoming this gap is vital to the UK's long-term global competitiveness. Effective deployment of technology, coupled with information management, is a key part of the package of measures that can help drive up the UK's productivity levels." ®

Related stories

IT voices drowned in corporate governance rush
IT still matters - just not how it used to
Shackling the email content beast
UK firms must monitor staff IMs
McNealy slams Sarbanes-Oxley

Beginner's guide to SSL certificates

More from The Register

next story
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.