TransAlta’s $24 Million Copy-Paste Error

TransAlta’s $24 Million Copy-Paste Error

A Preventable Disaster In 2003, TransAlta Corporation, a major Canadian power generator, made a simple yet costly mistake. The spreadsheet error occurred during a routine task—a team member used a copy-paste function within an Excel spreadsheet. But this minor error...
The $6 Billion Excel Error

The $6 Billion Excel Error

How JPMorgan Chase’s “London Whale” Incident Unfolded In 2012, a $6 billion loss by JPMorgan Chase shocked the financial world. The incident, now infamous as the “London Whale” scandal, was caused not by market volatility, but by an Excel error. That’s right—something...
Skills to Consider When Hiring an Excel Consultant

Skills to Consider When Hiring an Excel Consultant

When embarking on a project that requires an Excel consultation, it’s essential to understand the technical skills an ideal consultant should possess. Projects often involve data flowing into Excel or from Excel to other platforms, so selecting a consultant with the...

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