The final group presentation of AI, Virtual Reality Of a Bank.

2. 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

3.  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

4. 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?

5. 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

6.  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

7.  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

8.  The system which doesn’t perform as expected
 Causes
 Requirements do not represent the actual needs of the customer
 Improper planning
 Lack of and poor communication
 Requirements are incomplete or conflicting
 Customers, requirements analysts, and software engineers who develop
the system have problems understanding and communicating with each
other
 Both a lack of proper leadership and poor leadership
 Unrealistic expectations
 Inability to keep within the budget
Major Causes of IT SystemFailures

9.  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

10. 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?

11.  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

12.  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.)

13.  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

14.  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.)

15. 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?

16.  Finding Job Through Online Social Networks
Professional And Social Practice

17.  An online practices where people connect, share ideas,
build relationships and offer perspective
Finding Job Through Online Social Networks

18.  What employers are looking for?
 Skills and communication
 How well presented a person is?
Executing Job Search

19.  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

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

21. Impact OF AI In BUSSINESS

22.  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

23.  Intelligent error handing
 Intelligent handling of new business scenarios
 Intelligent work flow
 Pro-active rather then demand
Advantages Of AI In business

24.  Decision support
Information retrieval
Virtual reality
Robotics
Commercial Applications of AI

25.  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