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Unintended consequences

Eat and drink free for a year A Chinese businessman bought a first-class, fully-refundable ticket aboard Eastern China Airline. On the scheduled departure date, he presented it for access to the Xi’an International Airport’s VIP lounge, where first-class travellers dine and drink free. Then, instead of boarding the flight he changed his flight’s departure date to the following day. The next day he turned up with his newly-issued ticket for the revised date, ate and drank free and then changed his ticket date again. Airline staff recognized what was happening only after noticing that his ticket had been re-booked 300

A day in the life

30 March 2015 My wife, Marge, and I returned to London (LHR) yesterday after last week’s OMG meeting in Reston, VA. We travelled from Reagan National Airport (DCA) via New York (JFK). Both planes left (more or less) on time. We were upgraded for the hop to JFK and the flight to London landed 40 minutes early. Travelling outwards wasn’t so good. “Flight AA101 to New York is cancelled”. It was Friday, March 20. We had just arrived at LHR to go to the OMG meeting. Our route was via JFK to DCA. Then a weekend in Virginia, and to

Two terms worth $680,000

I was at the OMG technical meeting in Reston, VA, last week. One evening in the bar I was talking to some friends active in finance and ontology, about a High Court judgment in England, in April 2014. The judgment was in favour of Greenclose, a privately-owned hotel group, and against National Westminster Bank PLC (NatWest). It was based on the definitions of two terms – electronic messaging system and giving notice to – in a standard, widely-used contract. The judgment was worth £456.000 ($680,000) to Greenclose. It caused something of a stir in the derivatives world. I thought that

Hello

Welcome to Governance Authors. We hope that it will grow and be shaped by suggestions from governance authors. We hope that the site – especially the Blog – will grow into a useful space for governance authors to share ideas and experience. Please note that you will need to register if you want to post or comment. We’ve started our Resources page with papers introducing Terminological Dictionaries and OMG’s Semantics of Business Vocabulary and Business Rules (SBVR) and “The Power of Words”, a presentation made to the Object Management Group (OMG) by Kara Warburton, international chair of ISO’s Technical Committee