Gai Risk Assessment Paper

In: Computers and Technology

Submitted By markcjohnson1234
Words 3626
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Global Asset, Inc. (GAI)

Risk Assessment Paper

By
_____________
May 3, 2015
CMIT 425
Professor

Effective Network System
In this paper I will show the management team of GLOBAL ASSET, INC. the importance/benefits of having an internally operational Information System, over the benefits they believe they will reap when they outsource such services. I will also convince and help them design a better and more secure Information System.
Among the odds of outsourcing IT services there are benefits too, but the cons outdo the pros: benefits include; * Reduced operational and recruitment cost: as the cost of having an internal IT firm outdo the cost of outsourcing the same services by over 30% * Risk sharing: This helps to share some of the responsibilities with the company you are outsourcing to. * Swiftness and Expertise: Mostly the firms that take the outsourced contracts have been in the industry for a long time and have built a strong and positive company profile through the quality of service they provide. * Concentrating on main process rather than the supporting ones: Outsourcing the minor/supporting processes enables the organization to have more time to perfect or strengthen their main business operations
However the disadvantages outweigh the benefits and include: * Risk of Exposing confidential data: When such an organizations outsources IT services it risks exposing its customers and companies information to third parties, as in the case with GLOBAL ASSET, INC. * Synchronizing the deliverables: When a company fails to choose the best partner that offers such services for reasons like; family, nepotism or corruption they risk getting poor services that can even render them un-operational for some time and the risks of losing clients to competitors. * Lack of customer focus: In most chases companies may prioritize your…...

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