...Project Part 1 Task 1: Risk Management Plan EC-Council University Introduction A risk management plan (RMP) is important to the DLIS and DLA because it will help us to identify and mitigate IT risks before they become catastrophic issues. This RMP will outline the objectives of the DLIS, the risks associated with the DLIS IT infrastructure, quantify these risks, develop a response plan to these risks by identifying roles and responsibilities of individuals, and control these risks. Controlling the risks that have been identified will happen in one of two methods: establish a reserve by allocating risk contingencies for known risks or through the continuous monitoring established as part of this plan. Outline for RMP 1) Identify the objectives of the DLIS a) Organizational financial goals b) Organizational risk acceptance levels c) Organizational business goals 2) Identify risks d) Identify potential risks to the DLIS infrastructure e) Review previous RMP’s for identified risks and their priority levels 3) Develop a Response Plan f) Define each risk, to include probability and potential negative impact g) Identify roles and responsibilities of individuals and organizations to mitigate risks 4) Quantify Each Risk Identified h) Identify high cost objectives i) Identify high cost mitigation techniques j) Identify high loss critical infrastructure 5) Control Risk k) Establish Reserve ...
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...Factors * The company’s success also depends on management’s ability to recognize and react to changes in market conditions and consumer preferences. * The company’s success is highly dependent on the personal efforts and abilities of its current executive officers * The company relies on its chairman of the board, president and chief executive officer, chief financial officer and treasurer, and its chief operating officer. * The loss or prolonged absence of the services of one or more of these individuals could have a significant adverse effect on the business and its financial condition operating results, and cash flows. * The company’s continued growth also depends on its ability to attract and retain experienced management personnel Critical Risk Factors (p. 40) * Intense price competition resulting in then, possibly negative, margins on sales of manufactured homes * Hence, TMH’s income is driven by its customer financing activities * Many of TMH’s customers are borrowers with limited or troubled credit histories – “subprime” borrowers * Subprime borrowers default at higher rates during economic downturns * Default risk is a significant business risk for TMH * Changes in general economic conditions * Levels of consumer confidence * Interest rates * Housing supply and demand * Employment trends * Inventory levels * Availability of retail (consumer) financing * Availability of wholesale...
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...Introduction: In this task you will prepare a presentation for the chief financial officer (CFO) to present to a bank vice president. The bank vice president will decide if the bank will approve a $1,000,000 funding request for the European expansion of Custom Snowboards Inc. currently under consideration. The bank has not confirmed it is willing to consider a $1,000,000 loan. The bank will make its assessment of the risk associated with the loan after your presentation. You will prepare another presentation to present directly to the chief executive officer (CEO) of Custom Snowboards Inc. The presentation will include a recommendation on how to proceed with the expansion plans. The presentations can assume the form of a presentation or a report. You may combine the two or submit them separately. Be sure to enter your first initial and last name on the first worksheet in Custom Snowboards, Inc. Financial Data excel document. Task: Note: Be sure to submit a copy of your Excel workbook when submitting your JET2 Task 5 work. When you enter your first initial and last name at the top of the Income Statement you are given a dataset that is based on your name. The evaluator will need a copy of your data to ensure correct evaluation. Note: Your presentations may be in a variety of formats (e.g., report, multimedia presentation). A. Create a presentation or report for the chief financial officer in which you do the following: 1. Summarize the key points of...
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...Information security compliance starts at the top; the Chief Executive Officer is ultimately responsible. The Chief Information Officer (CIO) is charged with the information technology business governance and policy creation of an organization. A new position was created to assist the Chief Information Officer (CIO) to combat the security needs of the enterprise, Chief Information Security Officer (CISO) or Chief Security Officer (CSO) or both depending on the organization's structure. For publicly traded companies, the primary stakeholders are the stockholders. Decision and management style directly affect how the world perceives the worth of an enterprise’s management in today’s global market. Companies today have a footprint that would...
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...technology in organizations and the development of the information economy. The CIO position gradually became more influential as IT increasingly played a more central role in business processes and overall strategy” (CIO2).The Chief Information Officer also known as the (CIO) is a profession often given to the most senior executive of an organization that is responsible for Information Technology (IT) enterprise goals and architecture. Usually the CIO will answer to the Chief Executive Officer (CEO) or the Chief Financial Officer (CFO).As information technology becomes more significant the CIO become more of a key contributor in the formulation of the strategic enterprise goals for a business. The importance of the CIO’s job has ascended significantly as the IT field becomes an increasingly more imperative aspect of an organization. There are no specific qualifications for the CIO position, but any potential candidate will want to have some expertise in a number of different technological fields. A CIO candidate may also have post graduate education with experience both business and information technology sides of the organization and they should also possess exceptional leadership and project management skills. “Over the last decade, the Chief Information Officer (CIO) has moved center stage, but this has not always been for the right reasons. The turn of the century saw both the Y2K problem and the dot-com boom and bust, highlighting the vulnerability of organizations to both legacy...
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...FACULTY Of Entrepreneurship And Business ENTREPRENEURSHIP AFT 1013 BUSINESS PLAN SANDWICH LAND GROUP : L4T3 GROUP MEMBER: Michelle Lee Yueh Jia A12A236 Michelle Dagny Christopher A12A235 Lee Heng Ee A12A769 Lim Siew Hui A12A773 Mira Binti Abdul Rasyid A12A238 Mohammad Aman Bin Ghani A12A255 Loo Chee Soon A12A774 Nur Fatin Binti Idris A12A791 Contents 1.0 Executive Summary 1.1 Objective 1.2 Mission 1.3 Keys to Success 2.0 Introduction 3.0 Purpose 4.0 Business / Company Background 5.0 Background of Partners / Shareholders 6.0 Administrative Plan 7.0 Marketing Plan 8.0 Operation Plan 9.0 Financial Plan 10.0 Summary 1.0 Executive Summary 1.1 Objective For students who like to eat prawn noodle, keropok lekor, and jagung bakar. Well we already acknowledge that we can buy the keropok lekor and jagung bakar at the night market (pasar malam) However, prawn noodle its something difficult to find in Pengkalan Chepa, and that’s why we are selling our main course, Prawn Noodle. 1.2 Mission - To be among the modest company in Pengkalan Chepa. -Gaining profits by providing our customers the best dishes in town. -Becoming one of the effective and successful entrepreneur in Malaysia. 1.3 Keys to Success - Besides jagung bakar and keropok lekor, we...
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...Succession Plan Risks HRM 420 Mr. Cardillo January 25, 2016 Quest Diagnostics Succession planning is "a strategy for passing each key leadership role within a company to someone else in such a way that the company continues to operate after the incumbent leader is no longer in control" (Investopedia, 2016). Quest Diagnostics is "passionate about developing innovative, ground-breaking tests, products and tools to enhance patient care, provide value to our clients, and transform information into knowledge and insights" (Quest Diagnostics, 2000-2015). Due to the commitment to its customers and company a succession plan must be in place to avoid any interruptions during transition periods. Like all plans, a succession plan also runs risks; however, the following succession plan for Quest diagnostics will consider vacancy, readiness, and transition risks for the next President and Chief Executive Officer. It will also consider internal candidates and external candidates for the positions that need filling. Vacancy Quest Diagnostics needs to have a succession plan set in place in case the current the current President and CEO of the company retires or resigns. The current President and Chief Executive Officer is Steve Rusckowski. He is currently making "$9,266,835 in total compensation." (Salary.com) Steve is only 57 years old which means that in eight years, he will be at retiring age. Quest Diagnostics needs to plan ahead in case he makes an early retirement. ...
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...of finance department of company to make the budget before actual providing money to any department. It helps to fulfill each department with minimum cost. * Financial Management In this function finance department gets money from capital market at very low risk and cost. Finance department analyzes all the resources of funds and create a good financial structure of company. In this structure, finance department analyze whether it will decrease the overall cost of capital on Average basis or not. * Management of Investments of Company After making financial structure, finance department invests debenture holders and shareholders money in best projects for getting highest return on investment. For this finance department takes investment decision. These investment decisions can be taken with the help of capital budgeting and investment analysis techniques. * Management of Financial Risks Financial department takes many measures for managing the financial risks of company, for reducing loss of funds due to happening liquidity, solvency or financial disaster. Finance department makes a good plan and also takes the help of debt collectors, insurance companies and other rating agencies for reducing financial risks. * Management of Taxes Management of taxes is also the function of finance...
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...corporate obligation. Risk management is a fundamental area of importance to stakeholders. Organizations that are best practice companies look to the Committee of Sponsoring Organizations for guidance to develop efficient internal controls, enterprise risk and against fraudulent activities. This paper will outline a plan to implement enterprise risk for an organization of choice. The Committee of Sponsoring Organizations of the Treadway Commission (COSO) “is dedicated to guiding executive management and governance entities toward the establishment of effective, efficient, and ethical business operations on a global basis. It sponsors and disseminates frameworks and guidance based on in-depth research, analysis, and best practices” (COSO, 2006). COSO is a private-sector program funded and sponsored by five professional organizations. The Committee conducted an 11-year research study to analyze instances of fraudulent financial reporting and determine contributing factors that lead to financial statement fraud (COSO, 2006). COSO’s research demonstrated that most fraudulent behavior involved the chief executive officer (CEO) and chief financial officer (CFO). In 83% of the cases, that COSO evaluated, either the CEO, CFO, or both implicated with fraudulent financial statements. In addition, managers, chief operating officers (COO), other significant executives, and members of the board were involved in unlawful acts as well. “The new Enterprise Risk Management (ERM) COSO...
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...participation of a board of directors, officers, and shareholders. According to the corporate Director’s guidebook,”Directors are elected by the shareholders and have a duty to advance the interests of the corporation to the exclusion of their own interests” (Anonymous, 2011). Although shareholders are unable to manage the corporation, they put a board of directors in place to “manage the business and affairs of the corporation” and “delegate the day-to-day operation of the corporation to the officers” (Anonymous, 2011). According to Mallor, Barnes, Bowers, and Langvandt (2010), “Officers are appointed by the board of directors” (p. 1054), and must use their power to complete assigned tasks. Ownership of a corporation belongs to the shareholders. Shareholders have the task of ensuring that corporate managers are compliant with corporate statute and bylaws (Mallor, et al., 2010, p. 1083). The purpose of this paper is to present a detailed description of the duties of the board of directors, corporate officers, and shareholders within a corporation. This paper will also include an analysis of the difference between a policy held and close corporation. The Board of Directors The board of directors has the power and responsibility to direct the corporation (Mallor, et al., 2010). This consists of delegating management responsibilities to others such as “an executive committee, chairman of the board, and the chief executive officer (CEO)” (p. 1049). The corporate director’s...
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...1.0 INTRODUCTION 1.1 Company Overview Blackberry is a brand that was created by Research in Motion's (RIM) Founder Mike Lazaridis in 1996, providing wireless web enabled devices across multiple networks. At the time, Lazaridis was an engineering student at the University of Waterloo while Fregin was an engineering student at the University of Windsor. BlackBerry Limited (BlackBerry), incorporated on February 24, 2003, is a provider of mobile communications. The Company is engaged primarily in the provision of the BlackBerry wireless solution, consisting of smartphones, service and software. The Company's four areas of business are Devices business, Enterprise Services, BlackBerry Technology Solutions (BTS) business and Messaging. The Company's Devices business is focused on delivering smartphone products. BlackBerry's Enterprise Services business offers enterprise products and services. The Company's BTS business consists of five units: QNX Software Systems Limited (QNX), Certicom, Paratek, the BlackBerry Internet of Things (IoT) Platform, and Intellectual Property and Patent Licensing (IPPL). The Company's Messaging business is engaged in providing BlackBerry Messenger (BBM). The Company's smartphones are powered by the BlackBerry 10 operating system (OS). BlackBerry smartphones are available from various carriers and indirect channels, through a range of distribution partners, and are designed to operate on a range of carrier networks, including High Speed Packet Access...
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...893-15891, 893-1582 OFFICE EMAIL ADD/CONTACT NO. OFFICE OF THE PRESIDENT DR. FELIXBERTO U. BUSTOS, JR.- President fubustos@nhmfc.gov.ph ATTY. MARIA CHRISTINA L. LAIG- Corporate Executive Officer II mclaig@nhmfc.gov.ph Tel. # 812-6577, Telefax 892-5146 AIREEN B. OGRIMEN- Corporate Executive Officer I aogrimen@nhmfc.gov.ph Tel. # 812-6577, Telefax 892-5146 Risk Management Department (Functional Structure) PAZ DIVINA A. CABALLERO pdcaballero@nhmfc.gov.ph Officer In-Charge Loc. 390 Public Assistance & Information Office ICONN MEL D. CAYABYAB Officer In-Charge iconncayabyab@gmail.com Tel. # 892-5243 Corporate Planning Division JAENA V. MALLARI Officer In-Charge jmallari@nhmfc.gov.ph Tel. # 893-0157 Strategic Relations Management Department Financial Institution Division MA. CECILIA PURIFICACION Officer In-Charge mpurificacion@nhmfc.gov.ph Loc. 284 Developers Division RODEL LEOCARIO Officer In-Charge rleocario@nhmfc.gov.ph Loc. 284 Internal Audit Department EDITHA O. STA. INES Officer In-Charge OFFICE OF THE CORPORATE SECRETARY ATTY. SIEGFRID ERIC G. LAPASARAN- Vice President atty.sieg@gmail.com Tel. # 892-4550 ATTY. DANTE M. PATAPAT- Attorney V dan.nhmfc@gmail.com Tel. # 892-5152 AIREEN B. OGRIMEN- Corporate Executive Officer I aogrimen@nhmfc.gov.ph Tel. # 812-6577, Telefax 892-5146 estaines@nhmfc.gov.ph Tel. # 893-9821 OFFICE OF THE EXECUTIVE VICE PRESIDENT LIVIA ALICIA R. RAMOS- EXECUTIVE VICE PRESIDENT larramos@nhmfc...
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...The traditional, evolved and transformational role of CIOs Mawuena K. Raven University of Maryland University College Abstract There is no doubt that organization since the 1990s are viewing information technology (IT) as an integral part of their strategy for the future. It is not seen only, like in the past, as a simple tool to communicate and decrease production costs, but there is a total recognition on the role it plays and continues to play in business performance and strategic planning. A situation that is necessitating a similar makeover and transformation of IT departments are structured and run. It is how the Chief Information Officer (CIO) came about, as a direct result of this shift. There is not a single and universal way of defining the CIO and his or her job description and responsibilities he or she might have within an organization depend on its structure, and how the organization is trying to achieve throughout the position. Nevertheless, and until recently organization hire CIOs as "simply department managers who ensure that all PC's can be turned on and that the processes work". But, because and like never before, businesses are relying on information technology to gain competitive advantage, the job and responsibilities of the CIO is evolving, making the position that can help transform the entire organization objective by innovating and sustaining its core competencies and knowledge that will...
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...ANNUAL REPORT ANALYSIS - GROUP PROJECT Corporate Governance Analysis I | Group Members:i. NASSRAH NAZIRRAH BT ADENANii. NUR AMIRAH BT ZAKARIAiii. SITI NUR MARLIA BT MOHAMED GHAZALIiv. WAN AUNI NADIA BT ABU BAKAR SIDIK | Matrix No:2013245798201345120420138048862013294204 | II | Name of Company: | CIMB Group Holding Berhad | III | Year | 2012 | | No of pages | 1-270 | 1 | Vision or Mission:reflects (if any) If not available then just state “NOT AVAILABLE”Shareholder Theory Stakeholder Theory | Vision : To be the leading Asean CompanyMission : The company want to provide Universal Banking Services as a high-performance, institutionalized and integrated company located in Asean and key market beyong, and to champion the acceleration of Asean integration and the region’s links to the rest of the world. | 2 | Read chairman’s statement:Identify any strategies and when you read the statement just try to figure out whether the strategies or activities mentioned relates to either a shareholder or a stakeholder perspective & write your findings in the column provided. | RECORD PROFITIn 2012 is CIMB Group’s most profitability year yet, as creating value for our shareholder is a foundation of everything we do. I. We added or expanded operations in Sydney, Melbourne, Hong Kong, Taipei, Seoul, London and New York through the acquisition of some Asia Pasific units of the Royal Bank of Scotland II. We remain in discussion to purchase a majority stake in the Bank of Commerce in...
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...CRANEFIELD COLLEGE OF PROJECT AND PROGRAMME MANAGEMENT GROUP ASSIGNMENT FOR MODULE M1: Project Management: Leading, Creating, Implementing and Improving Please include the following declaration: “We hereby declare that this assignment is entirely our own work, and that it has not previously been submitted to any other Higher Education Institution. We also declare that all published and unpublished sources have been fully acknowledged and properly referenced. This includes figures, tables and exhibits. Where modified by us, this has also been indicated.” Print Name | Signature | ID Number | | | | | | | | | | | | | | | | Table of Contents 1. Executive Summary 2 1.1. Introduction 2 1.2. Anticipated Outcomes 2 1.3. Recommendation 3 2. PROBLEMS AND CAUSES 3 2.1 Problem Statement 3 2.2 Project Overview 4 2.3 Project Selection 4 2.4 Project Justification ...
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