Have we done the Eu...
 

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[Closed] Have we done the European Spreadsheet Risks Interest Group yet?

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Posts: 251
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There's some cracking "Spreadsheet says" stories in here;

http://www.eusprig.org/horror-stories.htm

Discrepancy: $400 million
Risk: Shutdown of power plant
Discrepancy: $100 million
Discrepancy: $2 billion
County overlooks, then finds, taxable property worth $1.26 billion.

It's bloody endless.

Spreadsheets are a plague on business - no visibility, no accountability, little testing and no go from some bloke trying to make his day a little easier to running the entire P&L for a company.


 
Posted : 21/03/2019 3:46 pm
Posts: 17
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Spreadsheets are a plague on business – no visibility, no accountability, little testing and no go from some bloke trying to make his day a little easier to running the entire P&L for a company.

Bad workmen blaming their tools again....

It's a human error and a failure of process. Insert some extra belief and faith and you can make anything look good.


 
Posted : 21/03/2019 3:49 pm
Posts: 251
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It’s a human error and a failure of process.

absolutely - and because anyone can get their teenager to put one together they'll continue to cause issues.

No business/revenue critical functions should be managed via a spreadsheet in a company with more than 10 employees (IMO).


 
Posted : 21/03/2019 3:58 pm
 kcr
Posts: 2949
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No business/revenue critical functions should be managed via a spreadsheet in a company with more than 10 employees (IMO).

I think that rule would cripple a lot of essential business change. I've worked on lots of big projects where a spreadsheet is an appropriate solution for some key tasks. You have to be sensible about the risks and safeguards and only use them where appropriate.


 
Posted : 21/03/2019 4:37 pm

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