"To investigate the re-organisation methods and outcomes of the Finance Department of Emerson & Son's Ltd, Craigavon"

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Evaluation and Recommendations

After undertaking the research needed to carry out this investigation through methods using primary and secondary data, conclusions can be made in relation to the objectives and aims of this project, titled:

“To investigate the re-organisation methods and outcomes of the Finance Department of Emerson & Son’s Ltd, Craigavon”

At the beginning of my investigation, I set myself three objectives.  I knew that setting objectives would be beneficial to me, as they would provide a sense of direction as to where the investigation was going.  My objectives enabled me to realise the goals, which needed to be achieved in order to successfully complete the investigation.  Another important factor in which I had to consider early days in this investigation was to set myself a set of realistic objectives that were attainable, as I didn’t want to waste any time and effort trying to fulfil impossible objectives.

I will discuss each objective thoroughly in my evaluation.

Objective One: Identify and examine objectives behind the re-organisation.

For my first objective, I set out to identify and investigate the objectives behind the re-organisation.  Initially, re-organisations occur due to several factors including management of change, the hierarchy of the business, and retraining of staff to name a few.  The objectives behind the re-organisation is primarily the most important factor to consider for any business, therefore should be researched in great detail.  

 

By the means of primary research, I was able to identify Norman Emerson’s objectives behind the re-organisation of their Finance Department.  Prior, to the restructure, the Finance Department endured several drawbacks to their previous manual system, including it to be time-consuming and inefficient, as up-to-date figures could not be obtained promptly.  Therefore, a re-organisation was effectively needed.  After carrying out an interview with Mrs Lois Kennedy, I became aware of the departments set objectives:

  • Assist in Decision Making
  • Improve understanding across the company on setting targets and agreeing budgets.
  • Improve quality and accuracy of financial information
  • Speed up processes for producing information

On achieving this information, I began to wonder if all points could be attainable, through a basic “Off-the-Shelf” piece of software.  However, I was notified that the business had opted towards investing a great deal of capital into a purpose built system designed by a computer analyst to meet their needs.  It became clearer to me that although the business is risking a lot of capital to achieve the re-organisation, not only through obtaining the I.T equipment but also through training their staff members, although I felt that it would be a success, making this sound judgement on the information obtained by the management interview.

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  I was able to use both the Internet and computer textbooks to identify advantages to a computerised information system, which I obtained several factors, which induced my judgement further that the re-organisation would be a success, as it would simultaneously achieve the objectives set out by the department.

Since the new computerised system will be designed solely, for Emerson & Son’s Finance Department, it added promise to the success of the re-organisation.  If the system set up, was able to achieve the objectives set out by the Department, then I don’t see a problem with the re-organisation failing, ...

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