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MICT710: Business Due to Digital Innovation

   

Added on  2020-03-16

10 Pages2048 Words119 Views
Running Head: WORK CENTERED ANALYSIS1Work-Centered AnalysisStudentLecturerInstitutionDue Date
MICT710: Business Due to Digital Innovation_1
WORK CENTERED ANALYSIS2EXECUTIVE SUMMARYThere have been numerous changes in the National Australian Bank due to the recent technological changes in the 21st Century. Technology has really changed banking industry as a whole. It is happening quickly and it is creating opportunities for the National Australian Bank. New technology and new ideas are frequently improving and changing financial transactions in the bank. Recently, not only in National Australian Bank but also in the whole banking industry, we have seen raft innovations, with the rise of artificial aptitude [ CITATION Leo17 \l 1033 ].Australia may soon turn into a robot rather than a real person in order to aid in preparing financial transactions and tax returns. The never-ending queues are no more in the National Australian Bank, this is due to the fact that everything is digitized.List of abbreviations and assumptionsThe term AI is used to refer to when software or machine are made to behave or have human likeintelligence. This is clearly seen in the use of computerization in the banking industry.[ CITATION Ria12 \l 1033 ](WCA) on the other hand, refers to a system of analyzing the impact of digitization.[ CITATION San17 \l 1033 ]
MICT710: Business Due to Digital Innovation_2
WORK CENTERED ANALYSIS3Contents Introduction.....................................................................................................................................4 Background information on the case study:...................................................................................4 FRAMEWORK FOR ANALYSIS OF NATIONAL AUSTRALIAN BANK BEFORE DIGITAL DISRUPTION................................................................................................................4FRAMEWORK FOR ANALYSIS FOR NATIONAL AUSTRALIAN BANK AFTER DIGITALDISRUPTION..................................................................................................................................6 ASSESSMENT OF THE EFFECTS OF DIGITAL DISRUPTIONS............................................8 RECOMMENDATIONS................................................................................................................8IMPLEMENTATION PLAN..........................................................................................................9 CONCLUSION:.............................................................................................................................9References......................................................................................................................................10
MICT710: Business Due to Digital Innovation_3

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