THE EFFECT OF COMPUTERIZATION ON MANAGEMENT PRODUCTIVITY IN NIGERIA (A CASE STUDY OF ALL STATE TRUST BANK PLC ABAKALIKI)
The banking system is a system in control of finance, which is the life wire of investment and economic growth, its crucial role towards nation building demands and effective and efficient system of operation. The attainment of this objective necessitates the utilization of computers in banking operation. Computerization of banking operation is the vogue in the Nigeria banking system. It facilitate, better customer services, centralization of depict etc. however the computerization of Nigeria bank is fast gathering momentum and is hope that in the fore seeable future, full automation of the sector will be realized.
The study therefore has evaluated organizational productivities, taking all states trust Bank Plc Abakiliki as a case study. The research findings helped in improving the volume of deposits and profits. Computerization has not however mitigated fraual.
The purpose of this chapter is to introduce the effect of computerization on organizational productivity. The subject matter of this research is broken down into subsections.
1.1 BACKGROUND OF THE STUDY
Today, the business world in undergoing a far-reaching but unfortunately bloodless revolution due to advancement of technology.
The student, business man and in fact every body would now reading see the indelible impact on modern technology is having on peoples’ life.
One of the technologies that have the greatest impact on our world today is the computer.
Agbsi (1990) defined computer as a piece of machine, which is dumb and unintelligible, it remains unintelligible until made to be otherwise. It is also defined as an electric device capable of accepting data as input as input, processing data according to predefined instructions and produces end reports as results.
Computer facilitates scientific research and development and international business also benefit from it. The computer is a tool for management decision making, yet, despite this significant potential and advantageous evidence shown by the computer to success in industrial enterprises in developed economics statistics reveal that the developing countries and in particular Nigeria is lagging behind most Nigeria businesses still depends on the conventional techniques of short sightedness, cumbersome decision making and work system while some organizations have agreed that the installation of the computer is costly in terms of Naira and Kobo value with prevailing economic situation in mind. Others have openly expressed the fear that this machine would displace labour and therefore, create unprecedented unemployment.
At any rate, a recent investigation showed that some corporations have been thinking differently on the matter. It has bee discovered that regardless of this interest to embrace this facility by others, organizations. This has progressively continued to computerize its operations. This report should examines the effect of computer installation has made on management efficiency of the bank’s operation at this branch level.