1 MIS 673 Cyber Security Governance Assignment 1 Upward Bound Airlines Caselet Profile • International airline, founded in 1980, serving 31 cities; 16 in the US, two in Canada, two in Mexico and 11 in Europe. • International headquarters in Chicago, Illinois, USA; with a small office at each airport and five regional offices • Has approximately 9,000 employees and a few hundred long-term contractors Company Profile – Upward Bound Airlines 2 • Financed, for the most part, by investment banks, it has grown from a small, �hometown� airline into a profitable international carrier. The �secret sauce� for Upward Bound is efficiency of operations. • All airplanes are the same basic model and version, and this airline has spare parts for airplanes at every airport out of which it operates. These two key factors have led to the lowest time per repair in the industry. • Additionally, ground operations, including maintenance, baggage handling, fueling, etc., are extremely efficient, leading to, amongst other things, the best on-time record in the industry. • At the same time, though, Upward Bound has been squeezed by the high cost of aviation fuel and, unfortunately, the standard model of airplane that this company uses is not particularly fuel efficient. Background Information – What We Do 3 What we do Org. Structure Departments Industry Marketing Financials • The jet fleet is aging—the average age of an Upward Bound airplane is 12 years—and the vice president (VP) of ground and flight operations is pushing the idea of buying a new jet fleet. • Doing so will drain the company of its cash reserves, but the high cost of aviation fuel combined with the age of the jet fleet make starting to replace jets soon inevitable. Upward Bound is bracing for the anticipated cash crunch by putting austere cost- saving measures in place: • Reducing the workforce—up to 20 percent of employees will be terminated by the end of the year • Outsourcing most IT operations by moving to cloud computing services Background Information – What We Do 4 What we do Org. Structure Departments Industry Marketing Financials • Publicly owned company • Last year the gross revenue was US $296 million and profit was US $19 million • Debt amounts to US $110 million Background Information – Financials 5 What we do Org. Structure Departments Industry Marketing Financials Background Information – Org. Structure 6 What we do Org. Structure Departments Industry Marketing Financials CEO Business Operations Ground & Flight Operations CIO CFO COO CISO External Relations Administration VP, Marketing VP, Accounting VP, Finance VP, Infrastructure VP, Application Development Security Analyst Public Relations Manager VP, Human Resources VP, Legal Compliance Officer The board of directors: • Consists of highly qualified professionals made up of CEOs and chief operations officers (COOs) of.
1 MIS 673 Cyber Security Governance Assignment 1 Upward Bound Airlines Caselet Profile • International airline, founded in 1980, serving 31 cities; 16 in the US, two in Canada, two in Mexico and 11 in Europe. • International headquarters in Chicago, Illinois, USA; with a small office at each airport and five regional offices • Has approximately 9,000 employees and a few hundred long-term contractors Company Profile – Upward Bound Airlines 2 • Financed, for the most part, by investment banks, it has grown from a small, �hometown� airline into a profitable international carrier. The �secret sauce� for Upward Bound is efficiency of operations. • All airplanes are the same basic model and version, and this airline has spare parts for airplanes at every airport out of which it operates. These two key factors have led to the lowest time per repair in the industry. • Additionally, ground operations, including maintenance, baggage handling, fueling, etc., are extremely efficient, leading to, amongst other things, the best on-time record in the industry. • At the same time, though, Upward Bound has been squeezed by the high cost of aviation fuel and, unfortunately, the standard model of airplane that this company uses is not particularly fuel efficient. Background Information – What We Do 3 What we do Org. Structure Departments Industry Marketing Financials • The jet fleet is aging—the average age of an Upward Bound airplane is 12 years—and the vice president (VP) of ground and flight operations is pushing the idea of buying a new jet fleet. • Doing so will drain the company of its cash reserves, but the high cost of aviation fuel combined with the age of the jet fleet make starting to replace jets soon inevitable. Upward Bound is bracing for the anticipated cash crunch by putting austere cost- saving measures in place: • Reducing the workforce—up to 20 percent of employees will be terminated by the end of the year • Outsourcing most IT operations by moving to cloud computing services Background Information – What We Do 4 What we do Org. Structure Departments Industry Marketing Financials • Publicly owned company • Last year the gross revenue was US $296 million and profit was US $19 million • Debt amounts to US $110 million Background Information – Financials 5 What we do Org. Structure Departments Industry Marketing Financials Background Information – Org. Structure 6 What we do Org. Structure Departments Industry Marketing Financials CEO Business Operations Ground & Flight Operations CIO CFO COO CISO External Relations Administration VP, Marketing VP, Accounting VP, Finance VP, Infrastructure VP, Application Development Security Analyst Public Relations Manager VP, Human Resources VP, Legal Compliance Officer The board of directors: • Consists of highly qualified professionals made up of CEOs and chief operations officers (COOs) of.