Risk Assessment
A Risk Assessment of
FedEx Corporation
Marvin Conley
CIS RISK MANAGEMENT & STRATEGIC PLANNING CMGT/585
Mr. Sardoni
June 12, 2006
Abstract
Many organizations perform risk assessments to measure the amount of risks that could impact their organization, and identify ways in treating them before a major disaster occurs. Risks involve theoretical effectiveness of security measures, loss of impact, threats and vulnerabilities that are common in today's society. FedEx Corporation follows guidelines and policies that are governed by processes by which the company assesses and manages its exposure to risk. The company's major financial risk exposures and the steps management has taken to monitor and control such exposures (FedEx Corporation, 2005).
Introduction
Almost every company in business is face with some risk or potential threat that could cause a huge blow to their organization operations. These risks and threats usually comes from within or outside and organization. In order to prepare for the worst that could happen, organizations must focus their attention on how to assess different types of risk so they could protect themselves from the harm caused by them. Risks involve theoretical effectiveness of security measures, loss of impact, threats and vulnerabilities that are common in today's society.
FedEx Corporation is a 29 billion dollar company that offers a variety of supply chain, transportation, business and related information services (FedEx Corporation, 2006). Today FedEx consists of a network of different companies providing services to many countries around the world. FedEx Corporation is the premier provider of shipping and information services worldwide, and its companies function under the motto of "operate independently, compete collectively and manage collaboratively" (FedEx Corporation, 2006).
FedEx is committed to protecting its reputation and organization by implementing strategies that would reduce risk and potential
FedEx Corporation
Marvin Conley
CIS RISK MANAGEMENT & STRATEGIC PLANNING CMGT/585
Mr. Sardoni
June 12, 2006
Abstract
Many organizations perform risk assessments to measure the amount of risks that could impact their organization, and identify ways in treating them before a major disaster occurs. Risks involve theoretical effectiveness of security measures, loss of impact, threats and vulnerabilities that are common in today's society. FedEx Corporation follows guidelines and policies that are governed by processes by which the company assesses and manages its exposure to risk. The company's major financial risk exposures and the steps management has taken to monitor and control such exposures (FedEx Corporation, 2005).
Introduction
Almost every company in business is face with some risk or potential threat that could cause a huge blow to their organization operations. These risks and threats usually comes from within or outside and organization. In order to prepare for the worst that could happen, organizations must focus their attention on how to assess different types of risk so they could protect themselves from the harm caused by them. Risks involve theoretical effectiveness of security measures, loss of impact, threats and vulnerabilities that are common in today's society.
FedEx Corporation is a 29 billion dollar company that offers a variety of supply chain, transportation, business and related information services (FedEx Corporation, 2006). Today FedEx consists of a network of different companies providing services to many countries around the world. FedEx Corporation is the premier provider of shipping and information services worldwide, and its companies function under the motto of "operate independently, compete collectively and manage collaboratively" (FedEx Corporation, 2006).
FedEx is committed to protecting its reputation and organization by implementing strategies that would reduce risk and potential
References: FedEx Corporation (2005). Investor Relations: Committee Charters. Retrieved December 2005 from: http://ir.fedex.com/governance/committeechar.cfm. FedEx Express (2005). Customer Business Objects: FedEx Express. Retrieved September 2005 from: http://www.france.businessobjects.com/global/pdf/clients/casestudy_fedex.pdf FedEx Infosec (2006). Disaster Recovery. Retrieved 2006 from FedEx (Intranet): http://www.infosec.fedex.com/bcdr/training/class%20workup_files/frame.htm Network World (1994-2006). Wireless Mobile: FedEx flying high on wireless technology. Retrieved 1994-2006 from: http://www.networkworld.com/yourtake/2002/0225yourtake.html Sass, H. Arthur, USMC (2000). Secretary of Defense Corporate Fellows Program: Final Report: Federal Express Corporation. Retrieved 2000 from: http://www.ndu.edu/sdcfp/FedEx%20Final%20Report.doc