Overview In Project One, you will take a stakeholder role in a business that is

Overview
In Project One, you will take a stakeholder role in a business that is facing a privacy issue. In that project, you will articulate a point of view that reflects your professional stance on privacy, the laws and regulations relevant to the issue, and the business implications of your recommendation. For this milestone, you will begin to investigate two of the key facets that will factor into your position: regulations and business implications.
Scenario
Review the Project One Scenario and these supporting documents:
Fit-vantage Company Profile, which contains the mission statement, core values, and a publish of the Fit-vantage privacy statement
Fit-vantage Helios Financial Outlook
You should also review the HIPAA Privacy Rule Summary in this module’s resources.
Based on this information, you will contrast requirements that come from internal policy with those governed by external legal regulations. Additionally, you will examine how ethics and business goals influence the approach to privacy.
Prompt
To complete this assignment, use the Project One Milestone Template linked in the What to Submit section. In the template, complete the requirements table for Section I and answer the short-response questions for Section II.
Specifically, you must address the following critical elements:
Analysis of Requirements
The documentation included with the scenario contains a publish version of the organization’s privacy statement based on fair information practice principles. Complete the requirements table in the template by selecting three of the principles addressed in the privacy statement. (Note that in Project One, you may elect to discuss additional or alternative principles and privacy laws than those you select for this assignment.) For each selected principle, address the following elements:
Explain how at least one privacy law is associated with the principle.
Evaluate the level of compliance with the applicable privacy law or laws. Explain how the organization’s approach to the principle meets, exceeds, or does not meet the requirements set forth in the law or laws.
Describe at least one safeguard that should be in place to ensure compliance with the principle or law.
Business Implications
The scenario includes background information on the organization and general market analysis related to the proposal. As you are an executive-level employee, there is an expectation that your advice to leadership will be guided by the company’s mission statement and values, the profitability and market success of its products, and your expertise in your field. In Project One, your recommendation will need to balance all of these factors; however, for this assignment, you will focus only on the business aspects.
Discuss the role of ethics as a business driver in this decision. How do the organizational values (as an ethical stance) align with the decision? What responsibility does the organization have pertaining to privacy?
Discuss how your personal ethical stance aligns with the decision. How did you apply an ethical framework or decision strategy to inform your position?
What would you recommend the company do? Describe how you came to this decision. How did you balance differences between the organizational ethics and your own personal ethics?