update
DESCRIPTION
UPDATE. Today. OUR STAKEHOLDERS WHY XBRL TODAY ? MAKING OUR MISSION EXPLICIT THREE GOALS FOR 2014. Who are our key stakeholders?. ANALYSTS. THE ENTERPRISE. REGULATORS. Who are our key stakeholders?. ✗. ANALYSTS. ✗. THE ENTERPRISE. ✓. REGULATORS. We are…. - PowerPoint PPT PresentationTRANSCRIPT
We are…• An active, determined, global coalition of people focused on making performance, financial, compliance and regulatory reporting better for our communities.
• Our global community is diverse.• But we need to focus on our key stakeholders: our regulators.
Key usp#2
CLEAR DEFINITIONS BUILT INTO TAXONOMIES
CLEAR DEFINITIONS BUILT INTO TAXONOMIES
PUBLIC BUSINESS RULES BUILT
INTO TAXONOMIES
PUBLIC BUSINESS RULES BUILT
INTO TAXONOMIES++
EXTENSIBILITYEXTENSIBILITY
+
Conceptual model
OBLIGATIONS MODEL FOR REGULATION(CRD IV/SOL
II)
OBLIGATIONS MODEL FOR REGULATION(CRD IV/SOL
II)
FORMALLY PROVABLE
BUSINESS RULES(XBRL)
FORMALLY PROVABLE
BUSINESS RULES(XBRL)
ABSTRACTION METHOD (DPM)ABSTRACTION METHOD (DPM)
Three initiatives
• ENHANCE AND ENERGIZE OUR SPECIFICATIONS WORK
• RECAST OUR COMMUNICATIONS AND BRAND
• DEVELOP PLANS FOR FUTURE BUSINESS MODEL
specs
• We need new energy and new focus on our Specs.
• We need to be able to clearly communicate our goals and the pathway to them.
• We need to focus on quality and outcomes.
• We need the community to work together.
specs
• We need new energy and new focus on our Specs.
• We need to be able to clearly communicate our goals and the pathway to them.
• We need to focus on quality and outcomes.
• We need the community to work together.
REQUIREMENTS BASED
CLOSER TO STAKEHOLDERS
communications• XII’s purpose and brand are misunderstood. Make the implied, explicit.
• We need:– Clear messaging.– Supportive, educational materials filled with real examples.
– Data-backed not Hype or Hope.– (And a vastly better website. ahem)