Compliance matters

The Guardian, one of my favorite UK newspapers, just released an excellent, frightening article on Mexican drug cartels laundering money through an American bank, Wachovia. The drug money ended up in a lot of different places after winding its way through Mexican Casas de Cambio (money exchange and transfer services), the City of London and the world’s money laundering capital, Miami Florida.

One statistic that caught my eye was the amount of unchecked money Wachovia shifted from 2004 until the bank got caught out in 2010 — some US$378.4 billion, more than $4 billion of which Wachovia moved in cash. Some part of that total (the full numbers may never be known) was in effect, according to the Guardian, “no questions asked” banking services for drug dealers.

You can find the article here.

Synergy 2011

We just finished our start-of-the-year meetings in Hong Kong, Synergy 2011. Our resellers, who showed up in force, came from all over the world (you can find a list of NetDimensions resellers here).

Our resellers are a powerful, variegated group with clients large and small and up to the minute insights. They had a lot to say. I’ll share a couple of points that impressed me and give you a heads up on what our community is doing today and planning to do for the rest of the year.

In no particular order of importance:

Rumors of my death have been greatly exaggerated said the LMS

learn-blocksRecently, NetDimensions invited a panel of very smart people to discuss a provocative question: Is the LMS Dead?

The panelists were Charles Jennings, Craig Weiss, David Wilson and Richard Nantel, all very articulate and all more than a little opinionated. I moderated, which mostly meant I tried to stay out of their way.

It was great.

We were overwhelmed by the number of comments and questions we received during the webinar. Unfortunately we had no time to answer all of the questions during the event.

We know it’s important to get to those answers, as well as explore further some of the topics raised, so we are organizing a tweet chat session for you to talk to the panelists directly on Twitter.

On December 7th, at 8:00am PT / 11:00am ET / 4:00pm GMT, all our panelists will be on Twitter for 60 minutes to discuss the future of the LMS.

Just logon to Twitter and use the hashtag #lmschat to join the discussion with Richard (@rnantel), Craig (@diegoinstudio), David (@dwil23), Charles (@charlesjennings) and your fellow attendees.

The revolution has begun

mEKP_logo_finalRecently we introduced a new product, mEKP. It’s different. mEKP gives you the power to carry gigabytes of technical documentation, learning, career and personal development support, licensing and certification records, podcasts, video and a whole lot more — all in your pocket.

It’s secure. It’s multi-platform. It is, as Brandon Hall says, disruptive. This particular revolution began quietly but make no mistake, it’s already making waves. Think of this scenario — 2,500 teachers in a poor country, each with a mEKP stick giving her or him a year’s worth of professional development training, daily lesson plans, class handouts, various kinds of support collateral — all without Internet connections to the schools.

Change happens. We think (we hope) we’re contributing to some good change in the world.

Click here for more.

Out of gas or speeding out of sight?

David Wilkins, a technology evangelist at Learn.com, recently published a blog post I thought worthwhile. A Defense of the LMS (and a case for the future of Social Learning) hits several nails on the head, including the ideas that (1) it is without a doubt easier to build social networking functionality into a mature enterprise system like an LMS than it is to build LMS functionality into a social networking application, and (2) LMS platforms are essential business applications in large part because compliance support is crucial, complicated and difficult.

He also makes the point that future learning cooks will want to throw everything but the kitchen sink into the mix — a shake of social, a pinch of old-school personnel records,¬† a tablespoon of talent management, a cup of sifted reporting and repeated lashings of user generated content.

This is all true but I would add a couple of thoughts: