This evaluation is often referred to as Return on Investment (ROI) in finance. The Return on Investment is calculated by:
The concept of Return on Investment is applicable to all investments in an organization. Security sector of an organization is never an exception. The executive decision makers of organizations often have the interest to know the impact of security on the bottom-line operations of the firm. It is imperative to know how much the lack of security in an organization costs the firm before deciding on the amounts of capital to invest on security. The firm thereafter decides on the most cost effective solutions to its security woes. When applied to the security sector of the firm, a Return on Security Investment (ROSI) calculation provides quantitative answers to a firm’s essential financial questions. The Return on Security Investment aids the organization to determine if it spends too much on its security bids. It informs the organization on the financial impact on productivity that the lack of security could cause. Additionally, Return on Security Investment calculation aids the firm’s management to know the extent to which the security investment is enough (Bruce, 2008). Finally, ROSI gives the firm an overview on the benefits of the security product or system. This task looks at security management issues, dissecting aspects of ROSI with reference to Blackberry Company.
Blackberry Company is a Canadian wireless equipment and telecommunication company with a reputation of developing Blackberry brands of tablets and hand-held phones. The company was originally known as Research in Motion (RIM). The company’s dominance in the United States market once stood at 43% of the market share. This dominance has precipitously declined in the recent past due to intense competition from Google’s Android and Apple’s iPhone brands. By 2013, the company’s US ...Show more