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Gordon Banks Ltd Introduction In our modern day of age people and businesses not only in Australia but all over the world is becoming more and more dependent upon electronic systems eg Computers to make things easier convenient and business more efficient If we want to be able to keep up with the competition from other stockbroking companies we will have to embrace and keep up with technology and the rapidly advances of today By implementing new systems containing a website an intranet and other administrative systems Gordon Banks should be able to keep up with the competition in this highly competitive stockbroking market Because our goal is not only to survive but to prosper the implementation of the various systems of this proposal is not to be overlooked It is estimated that the development and implementation will take 3 months Gordon Banks Ltd currently has 20 people on the payroll this is including management and administration the suggested system implementation will require that extra staff is hired in order to comply with the expected customer growth and to handle the Information System once it has been implemented Existing System Background Time is of the essence In a competitive market it is important to make the most of your time and to be all that you can be Our staff preforms a lot of different tasks during the day from keeping up to date on the Australian Stock Exchange to talk to clients and inform them of how their investments are doing We at Gordon Banks believe that it is both our and our clients interest that we communicate well both within our company as well as with our clients Problems The current system which we are using at Gordon Banks Ltd is a manual run system This basically means that every action which is recorded is done so manually Every input needs to be processed manually which takes time The
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