Case Analysis – Rich-Con Steel Question 1: What went wrong? What went wrong for Rich-Con Steel was an unsuccessful effort to launch a new IT system. Marty Sawyer‚ the new president of Rich-Con Steel wanted to change its legacy system to a new IT system that would automate order management‚ have the capability to analyze trend and would be cheaper to maintain. However‚ the implementation did not go smooth and this played havoc in Rich-Con Steel’s operations. The reason that the implementation
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1. Miss-specification: Rich-Con did not hire external consultant to help with their implementation process instead they completely relied on the vendors. The vendor did not have a standard implementation methodology and did not ask question to learn about Rich-Con’s as-is process. There was no CIO to overlook the implementation process. Marty Sawyer continued to operate as CIO and president often relying on new hires to guide vendors. 2. Lack of adoption: Rich-Con did not implement any IT
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| The CobiT Framework | | | | | 12/31/2010 | | | With the increased use of IT within organizations there is a need to develop mechanisms that help management to satisfy the reliability‚ availability and security requirements for the information they produce‚ transmit and store. Moreover‚ with the amount of investments in IT becoming more complex and riskier‚ management should learn to administer their organizations’ IT resources in terms of infrastructure‚ applications
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COBIT 3rd Edition ® Framework July 2000 Released by the COBIT Steering Committee and the IT Governance InstituteTM The COBIT Mission: To research‚ develop‚ publicise and promote an authoritative‚ up-to-date‚ international set of generally accepted information technology control objectives for day-to-day use by business managers and auditors. AMERICAN SAMOA ARGENTINA ARMENIA AUSTRALIA AUSTRIA BAHAMAS BAHRAIN BANGLADESH BARBADOS BELGIUM BERMUDA BOLIVIA BOTSWANA BRAZIL BRITISH VIRGIN
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Introduction of COBIT COBIT is known as The Control Objectives for Information and related Technology. It is an information management and control strategy framework. It consists of principles‚ practices‚ tools and models to help enterprises improve information and technology management processes. The COBIT framework is an open standard published by the IT Governance Institute and the Information Systems Audit and Control Association (ISACA). Its mission is “to research‚ develop‚ publicize and promote
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2009 Capital Investment Ltd COBIT ASSESSMENT MATRIX COBIT 4.1 AS AN ASSESSMENT TOOL FOR ERP {Page 1 of 109} COBIT ASSESSMENT MATRIX 1. INTRODUCTION: At a certain point in time‚ every organization has to take steps to change/improve itself and its processes to comply with its own goals and that of its clients. The ultimate goal of a business is growth and that can be done in a continuous or a phased fashion. Everyone in the organization tries to hold on to their known state of operations
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Q1. What are the key motivations of the banks to implement COBIT? Is there any similarity in motivations between these banks for COBIT implementation? Discuss. Key motivations of banks to implement COBIT There are many key motivations of Kuwait Turk Bank to implement COBIT. According to the Kuwait Turk bank case study‚ Kuwait Turk bank begin to use Control Objectives for Information and Related Technology (COBIT) to meet the rules and requirements made by the Banking Regulation and Supervision Agency
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COBIT® CASE STUDY: TIBO An extended case study in which students can apply their COBIT knowledge to a real-life situation C O B I T ® i n A c a d e m i a TM IT Governance Institute 1 COBIT IT Governance Institute® The IT Governance Institute (ITGI) (www.itgi.org) was established in 1998 to advance international thinking and standards in directing and controlling an enterprise’s information technology. Effective IT governance helps ensure that IT supports business goals‚ optimises business investment
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8. DS5.9 Malicious Software Prevention‚ Detection‚ and Correction 9. DS5.10 Network Security 10. ME1.3 Monitoring Method Supporting Explanation for Check-list Item Number 1 The first step in a security checklist for XYZ Company is COBIT PO1.3‚ an assessment of the current capability and performance of solution and service delivery. The assessment should measure IT’s contribution to business objectives‚ functionality‚ stability‚ complexity‚ costs‚ strengths‚ and weaknesses. While this
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1. What do you think were the reasons for Rich-Con’s difficulties in implementing its new information systems? Think about the principal root causes of the problems Sawyer encountered? Be precise and justify your response. Rich-Con Steel had difficulty implementing the software from a number of reasons. If all these root causes are address‚ then operations would have moved smoothly. Manager distribution- Marty Sawyer was the new president of the company during a big change. She was responsible
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