This report discusses the usage of IT systems in British Home Plc and their contribution in attaining objectives. It also explores different ways of storing and processing data within the organization.
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Table of Contents Introduction......................................................................................................................................1 Task 1...............................................................................................................................................1 Usage of IT systems in British Home Plc...................................................................................1 Contribution of IT for attaining objectives.................................................................................3 Task 2...............................................................................................................................................5 Distinct ways for storing & processing of data within British Home Plc...................................5 Task 3...............................................................................................................................................7 Evaluation of IT systems in supporting value added change......................................................7 Task 4...............................................................................................................................................8 Recommendations.......................................................................................................................8 Conclusion.......................................................................................................................................9 References......................................................................................................................................10
Introduction Information system denotes scrutiny of complementary networks of software as well as people and organisation for collecting, filtering, processing, creating as well as distribution of data. Businesses makes use of information technology for smoothen their overall operations so that they can attain their goals in an enhanced manner(Becerra-Fernandez and Sabherwal, 2014). This report is based on British Home Plc which are responsible for delivering their services in distinct sectors, they include retail, consultancy, travel and property. They grew quickly but served only exclusive group of individuals. The firm failed to innovate their operations but for having improvised results centralised IT systems can be utilised. This report comprises of usage of information technology in distinct functions, contributions, ways in which storage as well as processing is carried out and supporting the value added change. Furthermore, recommendations are given which will aid firm to make further improvements. Task 1 Usage of IT systems in British Home Plc Theinformationtechnologysystemsdenotesmeansforallcomputeraswellas communication systems which comprises of websites, software and hardware that is available for firm or individuals. They implies interconnected components which works in an aggregation for collecting,processing,storageaswellasdisseminationofinformationforsupporting coordination, visualisation, analysis and control within organisation(Bentley, 2012). For having accurate working, British Home Plc can make use of IT systems. The role of these in the firm have been explicated below:ď‚·Marketing department:The process of interesting probable clients and customers within services and products rendered by organisation is referred to as marketing. It is an important aspect which creates an impact on operations which are being carried out by organisation. An instance can be taken into consideration, if marketing is not carried out in an appropriate manner, then people will not be aware about services which are being delivered by British Home Plc. This creates a decline within sales of their products and will create a pessimistic impact on all their organisation (Five IT Functions in an Organisation,2019). This implies that for increasing the profit margin, it is crucial that individuals must be aware about services that are available within the market. For 1
carrying out this, different methods can be utilised by marketing team of British Home Plc. They include content creation (formulation of advertisement through usage of graphics), online advertisements (social media can be used for posting advertisements as at present time maximum users are connected with these platforms), e-commerce (services can be sold by British Home Plc through online medium). This will lead to creationofpositiveimpactonoverallsalesalongwithenhancedopportunities (Burrough and et. al, 2015).ď‚·Research and developmentdepartment:Afterfurnishing marketingactivities,the details attained can be utilised by R&D department. The rationale behind this is to make sure that needs of the market as well as there individuals can be accomplished in an appropriate manner. Market analysis will furnish R&D with details about competitors present within the market, services delivered by them, strategies used to grab their customers and various other features will be analysed by them. Marketing department needs to ensure that details attained by them are appropriate so that research and development department can carry out their operations as well as analyse that whether these are feasible or not. Along with this, simulation tools can be utilised for making sure that products looks good and are furnished as per required standards. It will enable them to meet the standards formulated by British Home Plc in an amplified manner.ď‚·Human resource department:They acts as crucial assets within the firm who are liable for recruiting as well as selecting workforce. It is important to ensure that effective workforce is hired by British Home Plc so that they can deliver their services in an efficacious manner and attain their goals within stipulated time frame(Hendriks, 2013). For doing this, firm can make use of email (send messages to probable messages to make them aware about interview as well as information can be shared with employees working within), video conferencing (interviews can be carried out through this as it will save time as well as cost associated, along with this for carrying out meetings it can be used), collaboration software (will assist within working in same project in different sections,meetingscanbecarriedoutvirtually)andsocialmedia(forattracting individuals towards vacancies which exist within British Home Plc). ď‚·Accounts department:This is the other important aspect of organisation that is liable for ensuring that services are being carried out in an appropriate manner. Like without 2
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appropriate budget firms will not be able to render their services in an appropriate way or it will be impossible like production department cannot do anything if appropriate budget is not available with them. Along with this, sales which are being carried out must be maintained to identify what is required within inventory. British Home Plc can make use of transaction processing system which will lead them to deliver their services as per desired standards(Hitomi, 2017). Suppose there are 50 products and sales have been occurred of 35 products, this denotes that there was a good result fro this. Thus, inventory has to be updated. This can be done through usage of TPS. The different functions of British Home Plc have been illustrated above along with the ways in which IT can be utilised for delivering their functions. It is clear that information technology will lead them to have amplified results in terms of profitability as well as productivity. Contribution of IT for attaining objectives Information technology has made wider contribution within the ways firm deliver their services. Apart from making processes smooth, easy and on time, it will also render preciseness and accuracy in operations of firm. British Home Plc needs to understand that IT has important contribution within activities that are carried out by them. It is illustrated below:ď‚·Production management:Information technology aids within the way services and products are being produced by organisation. This can be understood by taking an example, like TPS can be used for managing inventory as well as purchasing of raw materials(Jaques, 2017). For an instance, when products are manufactured and sold out, there is a need of raw materials through which again production can be carried out. If manually this process is carried out then it will be time consuming and there might be problems related with accuracy as products have to be counted and there can be a mistake in numbers when again and again same activities are carried out. Therefore, by making use of information technology, inventory can be managed and accordingly operations can be carried out in an enhanced manner. This will also lead to identification of what is needed in terms of purchasing so that activities do not get hampered. This implies that British Home Plc can render their services in a smooth manner(Laurillard, 2013). ď‚·Manufacturingmanagement:Itimpliestheprocessassociatedwithproducing merchandise through usage of machines, raw materials, labour, chemicals and other 3
resources is referred to as manufacturing. For this, it is important for British Home Plc to make use of material resource planning, finance and workforce. They acted as major manufacturing resources. The plans can be formulated with respect to what has to be done and how it can be carried out. Information technology can assist within formulation of plans by making use of simulation tools. British Home Plc can have idea about how the systems will work like in travelling industry of firm systems are utilised in such a way that people can be shown what is being delivered to them in respect to services. In this context, material resource planning which is a computer based inventory system and is designed for assisting management within scheduling as well as placing orders for items which possess dependent demand(Mohammed and Yusof, 2013). The inventory can be managed by making use of certain software that will assist in acknowledging what is required in inventory. Along with this, to ensure that it is done in an appropriate manner adequate finance is required. ď‚·Enterprise Resource Planning: (MRP)The modular software system that is being designed for integration of functional areas of business processes within a unified system 4 Illustration1: Evolution of Information Technology
is defined as ERP. An enterprise resource planning comprises of core components of firm which are often referred to as modules. In context of British Home Plc, they includes accounting, finance, materials management, production along with customer relationship management(Pearlson, Saunders and Galletta, 2016). This will provide British Home Plc with a central database through which top level management can access information in an amplified manner. It will lead organisation to make use of business intelligence that will assist within conversion of raw materials into useful information that is liable for driving profitable business actions. This will assist British Home Plc in formulation of decisions in an appropriate manner. Along with this, e-commerce will lead them to have increase in number of sales and manage their customers. Along with this, knowledge can also be attained through this, it will also assist within developing decisions. These are some contributions which are being made by Information Technology and to have affirmative results British Home Plc can make its use. Task 2 Distinct ways for storing & processing of data within British Home Plc Data Storagerefers to a way through which information can be within the memory of system. This implies utilisation of recorded media through which data can be retained by making appropriate use of devices or any other computation systems. Block, file and object storage is widely used for carrying out these operations within diverse environment. In case of file storage, data is stored as files within folders(Rainer and et. 2013). Within block storage, data is present in evenly sized blocks which is less complex and scalable but it is very costly. This can be used when information is needed frequently. In case of object storage, data is in the form of unique identifiers and in the form of metadata. This is not very costly and is usually ideal for data which needs not be modified. This implies collective methodology as well as technology that is liable for capturing as well as retaining digital information within distinct storage media devices. British Home Plc can opt for any of the storage according to requirements of an organisation and the ways in which they want to access it. Data Processingis defined as accumulation as well as manipulation of data information through which meaningful information can be attained(Reichert and Weber, 2012). Employees of British Home Plc makes use of data when it is gathered as well as transformed within usable 5
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information. Basically, here information attained is in raw format and is being converted into readable format which is in the text form as well as can be utilised by their employees. This will assist them within formulation of effective decisions through which their goals can be attained in an affirmative manner. It will lead firm to yield a knowledge that can be used for rendering services in an enhanced way. Customer relationship managementis defined asa technology that is used for management of relationship as well as interaction in between their customers as well as probable customers. It denotes aggregation of strategies, practices and technologies which are being by firms for management as well as analysis of interactions within customer lifecycle by which overall relations can be amplified(Schwalbe, 2015).British Home Plc can make use of CRM systems for compiling data of customers around distinct channels like social media, marketing materials, live chat and direct mail. There are different types of CRM systems, they are as:ď‚·Operational CRM:It is liable for streamlining processes which comprises of service, marketing and sales automation. The purpose of this is to generate leads, carry out conversions with them, acquire details related with it and furnish services to them. The major challenge related with this is that implementation cost is high.ď‚·Analytical CRM:This assists top management, sales & support and marketing personnel for determination of enhanced ways through which customers can be served in an appropriate manner(Stair and Reynolds, 2013). IT will assist within formulation of business methodology in context of sales, support and marketing. The major drawback is that, it will eliminate or remove the human elements from company. ď‚·Collaborative CRM:It enables firms within sharing of information of customers in between distinct business units such as support, technical and marketing team. An example can be taken with respect to this like support team can give feedback to marketing department which has been attained from customers for enhancing overall operations and carry out their operations accordingly. Its limitation is that, there exist security issues as data is present within centralised location. Data managementrefers to administrative process which comprises of acquisition, validation, storage, processing as well as protecting data which is needed for ensuring timeliness, reliability and accessibility of data for their users(Becerra-Fernandez and Sabherwal, 2014). Effectual data management acts as an important asset within deployment of IT systems which are 6
liable for executing business applications and render analytical information. This will assist British Home Plc to attain strategic planning as well as decision-making so that end users can have improvised results. Communicationmanagement,denotessystematicplanning,implementation, monitoring as well as revision of communication channels in an organisation and also with other firms. Through this, British Home Plc will be able to have information with respect to what information is needed for completing project, who needs this as well as what kind of information is required, what time is needed for gathering data, what kind it should be and who will be liable for transmission of information(Bentley, 2012). Task 3 Evaluation of IT systems in supporting value added change. In today's time, information technology is consider as factor that is adopted by a company in order to support value added change which enhance their future performance as well as stability. For this it is essential for a manager of a company to have proper knowledge as well as awareness of technology and technological change because that will help them in developing effective decision. Technology is consider as quickest acquiring change in today's time by which a company can develop strategies in order to attain long term advancement(Burrough and et. al, 2015). So it is necessary for a company to conduct proper analysis of market for gathering information about the new technology which is effective for business operations and functions. InrespectofBritishHomePlc,theygetnumbersofopportunitiesbyadopting technological change at their workplace which help in enhancing business. For this it is essential for respective company management to develop effective strategies and framework because that willhelptheminutilisinginformationsystemimpressivelywhichleadtoincreasein productivity as well as profitability. Along with this it is also important for respective firm to develop effective action plan related to the system change as it help in reducing wastage by improving networking life cycle and procedure. This will also help them in conducting their business procedure in effective manner by minimising cost through advance technology. Byadoptingandimplementingproperinformationsystem,BritishHomePlccan successfully able to accomplish its goal by attaining short term objective along with long term objective and advancement(Hendriks, 2013). In addition to this, respective firm management 7
also able to improve their business operations and functions effectively and for this they may conductpracticeslikeevaluationoforganizationstructure,managementstyle,working environment and many more. Moreover, it will also help respective firm in develop as well as implementing proper strategies related to the technological change at the workplace. With appropriate usage of information systems, firm can render services at lower cost and will lead them to have high amount of profitability(Hitomi, 2017). By taking into consideration British Home Plc can accomplish requirements of their top line management by attaining objectives and goals by gaining competitive edge within the market. To make use of information system in an efficacious manner, it is crucial that all the employees adapt to altering working environment as it will make their work precise and accurate. This will act as an revolutionary way that is liable for making its contribution in business in an enhanced way. It will lead British Home Plc to have enhanced productivity along with profitability. Task 4 Recommendations It is recommended that firms update there systems on regular basis so that if any vulnerability exist within their systems then it can be avoided. This will lead individuals to prevent intruders from getting into British Home Plc systems. Along with this, new components and features will be added through which results can be enhanced. Furthermore, accounting consultancy regulatory systems can be used which imply structure that is liable for utilising storage, processing, retrieving as well as reporting financial data that can be utilised by CFO, consultants, tax agencies and even business analysts of British Home Plc. In this context eXtensible business reporting language can be utilised which is a standardised software and was developed for enhancing ways in which financial data can be interacted easily. Furthermore, it is suggested that cloud services must be utilised so that services can be delivered by internet whenever they are being needed by organisation. For this, British Home Plc can make use of different services which are being rendered by cloud vendors such as software, storage, servers and many other aspects(Jaques, 2017). On the basis of functionalities required by them British Home Plc can make use of services. Apart from this, internet of things can be used which imply extension within internet connectivity with the physical devices and rendering 8
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day to day activities. Along with this, firm can embed internet connectivity with other hardware which is being utilised by them. It is recommended to British Home Plc to make use of IT system as this will render an enhanced way through which operations can be carried out and leads to improvised efficiency in their processes. As firm delivers their services in different sectors, there has to be effective communication in between them and this can be attained by making use of information technology. Like transaction processing system can be utilised by them to manage their transactions, inventory and other crucial assets related with firm(Laurillard, 2013). Apart from this, they can make use information management systems to attain high rate to accuracy in the way services are being delivered by them. Conclusion From above it can be concluded that, information technology is defined as storing, processing and retrieving information from distinct sources. Firms can use IT systems for enhancing overall activities and operations that are being rendered by them. Through this, they will be able to improvise relationamong theirstakeholdersby making use of effective technologies. Furthermore, through usage of cloud storage, platform will be provided which will lead them develop, manage, store and have security assets related with this. It will lead them to extract information whenever it is being required by them. 9
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