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Too much information?

 
 
 
 
 
 
 
 

Now that you've corralled your enterprise data and learned to display it on a nice neat dashboard for the boss to see in real time...the boss doesn't want to talk about it anymore.

At least with your shareholders.

So reports the New York Times:

Faced with an economic slump, a growing number of national retailers are abandoning the longstanding tradition of reporting monthly store sales and forecasting annual profits.

The stores say that they are eliminating outdated practices that encourage short-term decision-making and can confuse investors.

But many Wall Street analysts and investors, who rely on these numbers to gauge a company's health and the mood of the American consumer, are crying foul. The motive for providing less financial insight, they suspect, is to avoid issuing embarrassing numbers in the middle of a recession, numbers that can drive down a company's stock price.

Some execs say they just don't have enough information to provide meaningful guidance in uncertain markets.

And some say they are minding the gap between data and information -- that is, protecting their companies (and their share prices) from the release of raw numbers that don't provide context.

Some analysts, though, say retailers are just clamming up because they don't want to discuss bad news.

 
 
 
 

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