Information Systems for JP Morgan Case Study Example | Topics and Well Written Essays - 3000 words

Information Systems for JP Morgan - Case Study Example Their experiences with outsourcing have been bitter and they are on the lookup for better strategies for managing their IT infrastructure. In addition to that, backsourcing did not do much good. It stirred dissatisfaction among employees and senior management. Information strategy for any organisation is purely based on their requirements to manage business and envelope operations into a system which would in turn effectively manage their resources and yield not only profits in the long run but satisfaction to its employees and customers. (Laudon, 2002) The detailed company analysis of the issues it is facing has been discussed vividly. The employees have been mismanaged and to a great extent their morale and satisfaction has eroded in the process of outsourcing and backsourcing. A close study of the information systems strategy has been made and various methods have been evaluated for the betterment of the firm. The success of the IT strategy would be among the employees or users of the system as they are the people who live with the technology for getting the job done. Finally, evaluation of the new proposed information systems strategy is done so that the degree of its effectiveness is measured for further implementation. The satisfaction level of its employees is the first priority. It had already battered lot of its wealth in outsourcing and suffered massive losses through backsourcing. Business decisions relating to forming a new IT strategy would evaluate thoroughly the probabilities of the proposed solution and its derivability which has been covered in detail in this report. Primary Analysis of the case JP Morgan Chase's decision to outsource did not help. There IS strategy for outsourcing was meant to address the following problems: 1. Economy: IBM stood as a specialist in the IT infrastructure services and trusting them to manage their business operations would mean a good business decision. 2. Service Quality: This was the primary and the most important reason for which JP Morgan Chase wanted their business operations to be taken care by the service provider company. It wanted to position itself better in various markets. The above factors accounted for a greater share of interest for which JP Morgan Chase wanted to go for outsourcing. But finally it did not work. It faced losses not only on the monetary front but also towards the human resources. The various problems faced by the firm can be summarized as follows: All the dangers of placing the information systems functions outside the organization were possible noted for the firm. 1. Loss of control: This was pretty much evident that some employees were transferred on IBM's payroll and were not satisfied. It

Macondo Blow Out Research Paper Example | Topics and Well Written Essays - 1250 words - 3

Macondo Blow Out - Research Paper Example On April the 20th at 9:45 PM the Macondo oil rig experienced a blow out that resulted from a jet of seawater being ejected from the riser accompanied by a slushy of mud and oil followed by jets of methane. This mixture, especially the methane, ignited and caused a series of explosions that served to cripple the well and eventually took the lives of 11 personnel.1 At the time the explosion occurred, the Deepwater Horizon rig was drilling at a depth of around 5000 feet into what experts have described as the Macondo Prospect which is located approximately 40 miles from the coast of Louisiana (Rose et al 2). Although the ownership of Deepwater Horizon has remained unclear to a host of individuals, the fact of the matter was that BP did not operate the rig solely under its own direction. Rather, BP was the owner of the rig itself but only held a 65% share of ownership in relation to the Mississippi Canyon drilling expedition that resulted in the disaster of Deepwater Horizon. Additionally, the remaining 35% of interest in the rig was split between Anadarko Petroleum Corporation, aka Halliburton Corporation, (which held a 25% share) and MOEX Offshore 2007 (which held a 10% share). After the explosion took place, the Macondo Blow-Out began to gush crude oil into the ocean at a rate of around 2.6 million gallons per day. This figure is disputed by different groups that either wish to minimize or maximize the effect that the Deepwater Horizon disaster had on the surrounding environment; however, for this study, the author has chosen to employ the Coast Guard’s estimates as those which were most likely to not experience any form of particular bias with relation to the disaster. Most scholars agree that the rate of flow of the oil seepage continued virtually unabated until the well was capped on the 19th of September of the same year. Certain experts disagree with this analysis and claim that the well gushed more oil in the initial stages  whereas, near the time when the well was capped, most of the pressure had been relieved thus much less oil was flowing.  Ã‚