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Cancer and Deadly Infection in Institutions: Developing Use Cases for an MBE Application to Prevent another Enron or Barings

Authors:
Thang Nguyen

Keywords: Management by Exceptions; biologically-inspired system; bankruptcy prevention

Abstract:
One of the deadly diseases in human is cancer. A human cell becomes abnormal when its DNA is mutated and/or its genes are damaged for one reason or another. The abnormal cell produces other cells by division or mitosis. The uncontrollable growing collection of the abnormal cells, called tumor, when invading nearby tissues, is classified as malignant. Malignant tumors eventually proliferate to other organs throughout the human body via the blood and/or lymph circulation, a process called metastasis. Tumors cause serious threats to human health and potentially death. If we think of an institution as a human body, then its employees can be analogously considered as the body’s cells. In that sense, the group of “abnormal” or “special” employees led by Jeff Skilling, Andrew Fastow and others in Enron can be considered as a malignant “institution tumor”. The group has influenced other organizational units and brought collapse to Enron. Human can also die due to infections caused by a single cell hosting a virus. It is analogous to the case whereas Nicholas Leeson single-handedly brought Barings bank to bankruptcy. We investigate these extreme deadly cases in humans, namely cancer and deadly infection, for insights into the construction of six use cases towards the development of an enterprise-wide MBE-based (management by exceptions) application for the prevention of another Enron or Barings bank.

Pages: 139 to 144

Copyright: Copyright (c) IARIA, 2013

Publication date: July 21, 2013

Published in: conference

ISSN: 2308-4529

ISBN: 978-1-61208-283-7

Location: Nice, France

Dates: from July 21, 2013 to July 26, 2013