Entrepreneurship & Organization Management

Internet Banking Development

Abstract

Jeffrey E. Jarrett

We observe the development of an internet banking institution and learn that such an institution can fall into many pits on its growth and development. The same is true for its client as they utile internet banking as a loan client, depositor or any other service provided by the internet banking process. By observing the benefits of learning quality control and continuous improvement as practiced in industrial experimentation, one can avoid many of the pitfalls associated the management of an internet banking process as well as being a consumer participant in the system. We note the difficulties with which new computer users and internet banking entails is less technological actions. Computer software developers must also use these quality control and improvement practices in the development of software in this internet banking process to facilitate with an error free result the consequences of the transactions made in the on-line process. Software should be easy to learn and the likelihood of errors be kept to a minimum in a manner similar to operations in rocket science where the consequences of failure are thought to be close to zero.