PROFESSIONAL DEVELOPMENT

GROUP PRESENTATION

Introduction Of IT Manager

Pictures With The IT Manager

Impact Of Virtual Reality On The Business

Causes For The Project’s Failure

Impact Of Outsourcing

The Role Of Project Manager

Impact Of Artificial Intelligence In Business

Finding Jobs Using Online Social Networks

Presentation Overview

MACQUARIE Group Limited is a global investment banking and diversified financial services group, providing banking, financial advisory and investment and funds management services to institutional, corporate and retail clients and counterparties around the world. Headquartered in Sydney, Macquarie is the largest Australian investment bank and the top ranked mergers and acquisitions advisor in Australia.

About Macquarie Bank

Virtual Reality In Electronic Commerce Q1: Does you bank employ VR in any of the area of business? What are the impact of VR

to your business? Q2: If you are not currently employing VR in banking, do you have such idea for future?

Kindly provide your futuristic view of use of VR in banking?

Major Causes Of IT System Failures Q1: What are main reasons for a system failure? Q2: What can a Project team do to avoid system failure?

Virtual Reality A form of technology which people can explore and interact A computer simulations giving user the feeling of being present in the simulation

Virtual tour of business environment Used for training new employees like pilot simulator training Used for entertainment like games ,3-d movies etc.

Application Of Virtual Reality

Little/no risk Safe & controlled area Realistic scenarios Can be done remotely saving time and money Improves retention and recall Simplifies complex problems/situations Suitable for different learning styles Innovative and enjoyable

Impact Of Virtual Reality In Business

The system which doesn’t perform as expected Causes

Requirements do not represent the actual needs of the customerImproper planningLack of and poor communicationRequirements are incomplete or conflictingCustomers, requirements analysts, and software engineers who develop the

system have problems understanding and communicating with each otherBoth a lack of proper leadership and poor leadershipUnrealistic expectationsInability to keep within the budget

Major Causes of IT System Failures

Establish a relationship and then contract to the relationship

Communication Planning Data Accuracy Apply Change Management Techniques Manage tasks

How To Avoid IT System Failures

Impact of Outsourcing on business Q1. What aspects (IT based) of your business are outsourced now? How does it

affect your business? Q2. What are the critical success factors in IT outsourcing relationships?

The role of a project manager Q1. Could you kindly provide at least one example of a team working environment

in your bank. How do you encourage team members? Q2. What are your strengths and weaknesses in managing projects?

Outsourcing is defined as the process of assigning a company’s business processes to an external agency in lieu of enhancing service quality , driving innovation or deriving benefits of lower labour costs (Wang, 2012)

Affects of Outsourcing Better revenue recognition Better Innovation Enhances or lowers the quality of products and services Improved or decried customer service Possible loss of control over a company’s business processes

Impact of Outsourcing on Business

Critical success factors in IT outsourcing Careful selection of what to be outsourced Choose the right outsourcing service provider Develop detailed contract with some flexibility Build relationship between the business and the outsourcing

company

Impact of Outsourcing on Business(Contd.)

A project manager is the person who has the overall responsibility for the successful initiation, planning, design, execution, monitoring, controlling and closure of a project (Haughey, n.d)

Project managers are change agents They work under pressure Develop budget and schedules Manage risks and issues Controls the quality of the project Cultivate the people skills Delegates duties to team members

The Role of a Project Manager

Skills of a project manager Leadership skills Management skills Problem solving ability Strengths and weaknesses of a project manager Positive attitude Active listening Self confidence Understanding of the team

The Role of a Project Manager (contd.)

Impact of artificial intelligence in business Q1: How AI is deployed for the running your business process? Could you kindly

briefly outline using an example in your organisation? Q2: What are the potential benefits and drawbacks of artificial intelligence in your

business?

Finding job through online social networks Q1: Is social media helpful to find employ for a company? If it is how it is useful? If

not explain your views? Q2: How online social media is useful to find a job for people? What are the

benefits of social media for a person?

Finding Job Through Online Social Networks

Professional And Social Practice

An online practices where people connect, share ideas, build relationships and offer perspective

Finding Job Through Online Social Networks

What employers are looking for? Skills and communication How well presented a person is?

Executing Job Search

Find out how your rank

See how it easy it is to find yourself

Determine possible perception of you

Enlist a mentor, coach, friend to give perspective on how to use this media

Job Search Board

Visual/ Video Resume Social Networking Websites (LinkedIn, Facebook) Real Time Social Messaging (Twitter) Personal Websites Group or Personal Blogs Video Conferencing

Brand Yourself

Impact OF AI In BUSSINESS

AI is field of science and technology which is based on disciplines such as computers

Goal of AI Is develop computers to work like humans

Intelligent error handing Intelligent handling of new business scenarios Intelligent work flow Pro-active rather then demand

Advantages Of AI In business

Decision support Information retrievalVirtual reality Robotics

Commercial Applications of AI

Haughey, D. (n.d). The role of the project manager. Retrieved from Project Smart: https://cdn.projectsmart.co.uk/pdf/the-role-of-the-project-manager.pdf

Wang, J. (2012). Intelligence methods and system advancements for knowledge-based business. USA: Information science reference.

Debusk, S. (2012, November 23). 7 Ways to Avoid Business Software Failure. Retrieved from Drag Point: http://www.dragonpoint.com/7-ways-to-avoid-business-software-failure

hÉigeartaigh, S. Ó. (n.d.). The Future of Artificial Intelligence. Retrieved from Craash: http://www.crassh.cam.ac.uk/blog/post/blog-the-future-of-artificial-intelligence

Krigsman, M. (2008, May 24). 5 ways to prevent IT failure. Retrieved from ZD Net: http://www.zdnet.com/article/5-ways-to-prevent-it-failure

Ortiz, C. (2015, January 15). Impacts of AI. Retrieved from http://whatsnext.nuance.com/in-the-labs/effects-of-artificial-intelligence-on-humanity

References