Sunday, January 25, 2004

New Reporting Models for Business

Bill's latest message talks about the Baldrige award. This US-based award is approximately equivalent to the European Quality Award, administered by the EFQM.

The Institute of Chartered Accountants (England & Wales) has produced a discussion document on various alternative reporting models. It can be downloaded from the following URL (pdf format).

This document certainly raises some of the right issues, but there are some real problems with the approach. I think we could usefully come up with a short position statement in relation to these issues, and maybe set up some meetings for Bill when he's over here.