Strategic Direction For Asset Management †Myassignmenthelp.Com

Question: Discuss About The Strategic Direction For Asset Management? Answer: Introduction Sunshine Sugar is a sugar substances organization which is based in Northern NSW. This organization was recently acquired by the Coca-Cola Company, with the primary purpose of this acquisition being strategic for the Coca-Cola Company. One of the main expectations that the Coca-Cola Company has on the sunshine Sugar Company which it acquired is having it contribute to its financial outcome. To secure the accomplishment of this goal, the Coca-Cola Company needs to ensure that all the operations that the Sunshine Sugar Company had for development and obtaining incomplete continues in the same or in a better way than the organization had intended. Among such important plans that the organization had included the process of the desktop asset risk review, which the board requested its undertaking. This paper provides a precise assessment of the risk review plan and provides thorough details on how it can be carried out efficiently (Coca-Cola, 2017). Context issues; The purpose of this scheme is to give directions on how an assessment of the risks associated with the organizational desktop resources can be carried out. Being among the organizations that rely on technology to conduct its daily operations and to ensure that it maintains high effectiveness in these operations, Sunshine Sugar Company has a significant number of desktop computing resources. When these resources are essential in its operations, they also make the organization vulnerable to a significant number of risk events whose occurrence might cause significant problems to the organizations. The assessment of these risks is the first steps towards the establishment of mitigation strategies that can help the organization avoid their occurrence. The first issue of consideration while making the assessment is the physical security that the organization has established, to ensure that the desktop computers remain safe within the organization. The second issue to consider is the information technology management security of the organization. Sunshine Sugar organization has established a computer network system which allows secure communication and data sharing between individuals in different organizational regions. The systems have been developed to create communication of the organizational desktop computers and information sharing. These systems can, however, be hacked by individuals and have them attain access to the organizational data flow, from which they can manage to obtain a lot of confidential information. Such occurrences are necessary for the organization to consider when the review and assessment of all risks associated with the organizational desktop resources are being assessed (Sunshine Sugar, 2017). Resource requirements The aspect of resource requirement is significantly important for the organization to understand. The organization has some important uses that it has for its computers. These use consists of the purpose that it has and also the reason why these resources are important to the organization. To carry out this purpose effectively, a certain desktop computer model and form is important to obtain and retain. With this regard, therefore, the most important aspect of the computer is the establishment of a good resource that has met all the requirement and also establishing a maintenance plan that will enable those resources to remain in the same required form that is helpful to the organization (Hollis, S. 2015). Methodology for the review; The method that is appropriate for the review is one that will help in identifying all the possible and available risks that can affect the organization, which can be associated with those organizational desktop computers resources. In such a method, the first aspect that it should include is an assessment of the operations that the organization involves in with computers. The second aspect that should be considered is the security that the organization has established to protect these computers. The third aspect that the methodology should include is the assessment of the organizational desktop computer network and the vulnerability that it set up for the organization. Review schedule; The review of the organizational risks is important because as time progresses, changes occur. These changes either increase or reduce the organizational risks. Without regular assessment and review of these risks, new risks might occur, and they are not detected, an aspect that makes the organization vulnerable to their occurrence. To avoid such an outcome, a regular review of risks should be established after every duration of two months. At the same time, the studies should be carried out when any desktop resource change or significant alteration takes place. Key areas of concern/issues for consideration and the list of specific anticipated findings that may generate concern regarding Sunshine Sugar asset management practices The key area of concern regarding the risks that might occur to the Sunshine Sugar Company as explained earlier include the physical, organizational security, computer network safety and the specific state and model of the organizational computers. Gantt Diagram To ensure that all activities involved in a certain project are carried out entirely, organizations utilize Gantt charts to plan for what and when events will be conducted. In the process of reviewing the risks associated with the desktop resource of Sunshine Sugar organization, the following chart can be utilized to reveal how tasks and events will be carried out. Day 1 Day 2 Day 3 Day 4 Day 5 Risks in the physical organizational security Risks in the organizational information security technology Risks in the organizational changes that occur From this Gantt diagram, the risk assessment process can be completed in five days' time. References Autodesk, 2013. Overview of Field Management with Autodesk BIM 360 Field: Youtube. Available at https://www.youtube.com/watch?v=sE0bOTqfGCMindex=1list=PLYggSrSwbZp0eJ92UnmoB8qyCgE-y4Sd Coca-Cola, 2017. The Coca-Cola Company, About Us: Coca-Cola. Available at www.coca-cola.com.au Deiton, 2017. Deiton Business Catalyst: Available at https://deighton.businesscatalyst.com/kiosk/story.html Deiton, 2017. dTIMS for Asset Management: Deiton. Available at https://www.deighton.com/ Hollis, S. 2015. The role of regional organizations in disaster risk management: a strategy for global resilience. Houndmills, Basingstoke, Hampshire New York: Palgrave Macmillan. Sunshine Sugar, (2017). The Sunshine Sugar Company, About Us. Sunshine Sugar. Available at www.nswsugar.com.au