mardi 13 mars 2012

EWC Annual Meeting in Geneva

The 2012 Oracle European Works Council will be held in Geneva with 23 representants from the different subsidiaries.

This meeting ought to outline the state of the company and its employment trends within EMEA.

Concerns are raised in certain areas, where no presentations were provided beforehand. Employee representatives will make their best effort to report back the main points to their respective employees.

Comporate Transparency Issues (Season 3)

As a followup to the previous post, why would a fully compliant company, strictly implementing business rules according to the Oracle Ethics & Business Conduct code would need subsidiaries in the Cayman Islands ?
Why do we still maintain some black holes within a company, except for hiding things ?
After so many failures from the Audit companies (Olympus scandal, Wikipedia links, big four flaws), how can we truly be confident that massive financial manipulations are a thing of the past.

Can a shareholder assess the effectiveness of the internal whisleblowing processes ?
Can the world governments be so blind about the big corporations good reporting faith ?

dimanche 11 mars 2012

Comporate Transparency Issues (Season 3)

What has changed since the Foreign Corrupt Practices Act in our big corporations ?
A huge number of employees are made aware of very strict rules of engagement, defined in the business ethics guide.
However, which body controls the whisleblowing process ?
What proof is been made that no black things is still been done under covert ?
Why isn't there any employee representatives in those governance bodies ?

Just have a look at the following Article from the NYT Entitled : Hits, and Misses, in a War on Bribery

mardi 6 mars 2012

Isn't it time to hear employee voices ?

The EWC annual meeting will take place next week in Geneva.
It will be an important opportunity for the employee reps to hear the General Management strategy and assess employment trends.
Moreover, this meeting is a unique opportunity to ask for true employee opinion and field experience.
What's the risk of it ?

Let's remind a few subjects that were proposed last year :
- Consulting & Global Support Access to virtual machines and Hardware pooling
- Employment risks (both in terms of attrition or job dismissals).
- HW Support Takeover and Risks
- Sun Employees remapping