No such thing as "on-premise system".
It's "premises", so the description would be "on-premises".
One of my bug bears.
"If you’re of a certain persuasion, S1 filings for unicorn startups are an enjoyable read."
At last, validation. And I thought it was just my dirty little secret.
But it is taking back control. Not what many were led to expect.
Luke Johnson was executive chairman, not just "executive director" as stated in the (interesting) article.
Congratulations on your great work, your preparation and your imagination. I'm sure it was worth A+. I would say that your session was the talk of the staff room afterwards. Well done.
For some reason, the link above picks up some extra characters when I click on it, so you may need to delete the extra characters (%C2%A0) to get the case.
But the article says "Colleagues who were underpaid were paid the correct amount within one to two working days and this issue is now resolved." So, those who were underpaid have now been paid correctly, which means that the net cost to Tesco cannot be nil.
It would be interesting to see the total amount at stake and the number of people who were overpaid by more than £500.
I suppose that a fairly junior person will lose their job over this.
I had a quick look at it. I work in a small software company and the issues mentioned in the report make sense to me, possibly because the issues and jargon are relevant to such companies.
Separately, the lack of understanding of culture is noticeable and implies that KPMG UK weren't much involved. E.g. in the glossary, HMRC is given as "Her majesty's revenue and customs" (no caps after first word) but IRS is given as "Internal Revenue Service". Later, there is reference to "The HMRC". (I'm not British but even I know these things.)
And how could anyone have concluded that Autonomy was worth $10.3 billion?
Yes, it's all about the big picture. Strategic thinkers. Maybe this is a chance for us nerdy, detail-focused people to highlight the importance of reading stuff. The devil is in the detail.
I will offer my short, free training course to the Fat Four:
Follow the standards and don't be bullied by the client. The loss of a client is a smaller price to pay than the damage caused by fines and the resulting opprobium.