Review of Enron: IT Model Validation and Spreadsheet Error By i2consulting: Anthony Rimel, CEO David Paterson, CFO Lindsay Aamot, CIO

Outline Presentation Review Our thoughts Our thoughts Survey Results Survey Results Readings Review Our thoughts Our thoughts Survey Results Survey Results Our Decision

Reading List Pros Readings 1 & 2 informative Readings 1 & 2 informative Sources were laid out well – formatting Sources were laid out well – formatting Reading #5 was fantastic Reading #5 was fantastic OSU article OSU article “The reading list page was very well formatted and was very easy to understand. It was cool to see a different department at OSU in the "news" about this topic.” “The reading list page was very well formatted and was very easy to understand. It was cool to see a different department at OSU in the "news" about this topic.” “The article about databases versus spreadsheets. It tied in nicely to what we have learned in class before” “The article about databases versus spreadsheets. It tied in nicely to what we have learned in class before”

Reading List Cons Reading #4 was confusing. Reading #4 was confusing. Should start with a definition article Should start with a definition article How does Audit fit in? How does Audit fit in? “I’m not sure if it was just me, but the link to the reading list didn’t work for me until today when I came back and checked. I was a little rushed to finish reading it.” “I’m not sure if it was just me, but the link to the reading list didn’t work for me until today when I came back and checked. I was a little rushed to finish reading it.” “The readings were dull I would like more examples.” “The readings were dull I would like more examples.” “A couple readings were a little bit confusing.” “A couple readings were a little bit confusing.”

Reading List Survey Results

Presentation Review

What classmates thought “This was a really thorough presentation. You knew the information you were presenting. Gave good recommendations for the consuming group. The Video tied in well” “This was a really thorough presentation. You knew the information you were presenting. Gave good recommendations for the consuming group. The Video tied in well” “I think the power point was less organized. They should have a concept map and get involved the audience more” “I think the power point was less organized. They should have a concept map and get involved the audience more” “The presentation was presented in an interesting order. I liked the link in relevance of jobs to the class” “The presentation was presented in an interesting order. I liked the link in relevance of jobs to the class” “Possibly could have given some applicable examples from real life companies” “Possibly could have given some applicable examples from real life companies”

Our Review Missing key requirements Missing key requirements A lot of text on the slides A lot of text on the slides No connection with the reading list No connection with the reading list Did not fully answer our questions Did not fully answer our questions We would have preferred more description and understand of the recommendations We would have preferred more description and understand of the recommendations –Job opportunities were a filler

Our Decision To seek additional information Our unanswered questions: The problems with our current system The problems with our current system The ways that a new system (a database) might help us overcome these problems The ways that a new system (a database) might help us overcome these problems Differences between relational databases and multidimensional databases Differences between relational databases and multidimensional databases How multidimensional databases work How multidimensional databases work

Where we go from here… Hire a new consultant team? Stick with our current (albeit broken) model because we don’t know enough to move forward. We were curious about the spreadsheet validating software Audit, but couldn’t find it online and don’t have access to your slides to check your links.