Sas Institute

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  • Topic: Fortune 500, Fortune, Fortune Global 500
  • Pages : 4 (1352 words )
  • Download(s) : 155
  • Published : September 7, 2008
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This article is about SAS Company which operates much differently than other companies. SAS software was originally created by Goodnight and North Carolina State University colleagues to analyze agricultural-research data. Today, SAS is best known for sifting massive mountains of data for FORTUNE 500 companies and other organizations most people have heard of. Insurance companies use SAS to flag fraudulent claims. Retailers use SAS to find profitable places to put stores and products within those stores. More and more financial institutions use SAS to detect money laundering, as mandated by the USA PATRIOT Act and Basel II. They also use it to sniff out fraud and to score credit applications. Goodnight has also been an active speaker and participant at the World Economic Forum, where business and world leaders discuss cross-boundary issues such as international standards, regulations and the global economic issues. Goodnight and SAS have received numerous awards and recognition in the past, including a Top 10 ranking on Fortune magazine's 2004 list of "The 100 Best Companies to Work for in America" and a feature on an "Only the Best" segment of The Oprah Winfrey Show. The company’s business intelligence solutions are used at more than 40,000 sites &150; including 96 of the top 100 companies that comprise the 2003 Fortune Global 500. Goodnight authored many of the procedures used in SAS software. There are three questions which would arise here that how Jim Goodnight motivates his employees by his characteristic, what motivates Jim Goodnight, and whether you like to work for SAS. Employers face major challenges when they consider the increasing difficulty of finding skilled people, a younger workforce with different attitudes about work, and a growing population of older workers heading toward retirement. A recent study shows 85% of HR executives state the single greatest challenge they have in managing the workforce is their organization's...
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