option.1.Methodologies that have been successfully implemented for other companies are not sure-fire solutions for all companies and may not work for ODI.2.The systems that have been implemented by other companies may not be compatible with ODIs policies and procedures and may not be applicable to their situation. A second alternative would be to hire an outside consultant and have them review the current practices and make suggestions for improving the management of information resources.The advantages of this option are:1.The outside consultant can bring in experience and would be able quickly assess and provide solutions ODI.2.Because they would be considered professionals in this area, the executive management would be very likely to listen to them.3.The long term planning of the IS department will be more stable and not have to be reinvented every few months. This would be possible because the consultant would include with their services the long term planning for the department.The disadvantages of this option are:1.Outside consultants are very costly.2.May not present solutions that really are sync with the company polices and procedures.3.The consulting firm would not have the in depth knowledge of the company like the current executives would have.The final alternative that ODI could utilize is to rehire Lake as the CIO and dismiss Morris. Lake could then implement a formalized strategic IS plan.The advantages of this option would be:1.Lake is already familiar with the company and its information flows.2.Lake has already proven his abilities and shown foresight.3.Lake understands the importance of long-range planning.4.Lake can train management in the use of new systems of I.S.The disadvantages of this option are:1.Enticing Lake to return.2.Management time needed to understand the importance of I.S.3.Top management did not accept Lake the first time. Trying to get them to accept him at this point would be very difficult...
