dc.contributor.author | Kotonya Victor. | |
dc.date.accessioned | 2013-11-18T07:04:24Z | |
dc.date.available | 2013-11-18T07:04:24Z | |
dc.date.issued | 2013-11 | |
dc.identifier.citation | Kotonya Victor (2013). Strategic Value Of Automation At The Nairobi Stock Exchange.Research Project Submitted In Partial Fulfillment Of The Requirement For The Award Of The Degree Of Master Of Business Administration (mba), School Of Business, University Of Nairobi. | en |
dc.identifier.uri | http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/59207 | |
dc.description.abstract | Automated power industries not only focus on production efficiency but also strive to
strike a balance between production and consumption. Automation boosts individual and
team efficiency, which enables organizations to deliver results faster and with greater
predictability; better decision making. Automation at the NSE took place in 2006 when
the live trading on the automated trading systems of the Nairobi Stock Exchange was
implemented which brought about increased trading hours (12 hours a day) at the NSE.
The objective of this study was to determine the strategic value of automation at the
Nairobi Stock Exchange. The study adopted a case study design seince the unit of
analysis is one organization. The respondents comprised of senior managers at NSE. The
data obtained from the interviewguides was analyzed using qualitative analysis and then
presented in prose format. The study conludes that the progress was good especially
considering the fact that new system was more that 95% operational. All departments
were now operating from the system and the progress was generally good. The study
also concludes that automation strategy affected the turnaround time as it made it easy for
staff to retrieve, share and use information online from any computer connected to the
network. The study also conludes that NSE faced several challenges in implementing
automation strategy.These included inadequate resources to finance the implementation
of the automation strategy; Inadequate office equipment including servers with huge
capacity hampered the implementation process of automation strategy at NSE; high
resistance from were meant to the implementing agents; and limited training on the new
Automated Trading System software system. the study recommends that in order for NSE
to realize full potential of automation,it needs to create awareness among the public
especially on the benefits of automation to the convenience and efficiency on their
operations especially in the bond market to boost bond market activities. The study
further recommends that in order to continue enjoying the advantages of automation,
NSE need to be the look out for the developments.In formation technology is evolving
very fast and the advantages will only accrue to those firms that keep pace with thase
developments. | en |
dc.language.iso | en | en |
dc.publisher | University of Nairobi | en |
dc.title | Strategic value of automation at the Nairobi stock exchange | en |
dc.type | Thesis | en |
local.publisher | School of Business | en |