Why long-term success requires automation.
Automation is a major disruption in the workplace. The significant level of job displacement that will result from automation and artificial intelligence is an undeniable fact of the upcoming decade. Due to the fact that much of what people currently do will be replaced by automation, around 75 million to 375 million people worldwide will have to change jobs.
However, one ought to view the aforementioned statistic as a sign of rapid progress rather than a negative one. The fact that automation and robotic technologies will free the workforce from all mundane work is frequently overlooked. They will let them concentrate on tasks that are more valuable and satisfying. At the moment, there is a significant opportunity to elevate creative endeavors and delegate routine and redundant tasks.
It should not be assumed that disruptive technologies will eliminate jobs. Instead, we can say that automation is allowing us to see conventional roles from a different angle, which is good for both the employee and the employer. When IBM’s general manager Brenda Harvey says, “Every role is going to be changed by technology and augmented – not necessarily replaced, but made better,” she perfectly encapsulates this shift.
This automation-induced shift in job responsibilities poses a critical leadership challenge for executives and business leaders. They need to be able to use automation for the organization’s benefit. At the same time, they need to make this change in a way that gets rid of employees’ worries about losing their jobs. The organization’s automation should be implemented in such a way that it can deliver its true value and successfully initiate a digital transformation.
Adhering to the automation vision.
The benefits of automation can be unique to each business line. However, in order for it to occur, you must ensure that all business lines are fully aligned with its vision. Let’s take IBM as an example. Through an automated hiring process that provides them with suitable candidates to quickly contact, the numerous HR customers here benefit from data and insights. It should be noted that the staff is not being replaced; rather, their capacity to work more effectively and intelligently to manage more complex situations is being improved.
Manufacturing is another area where automation is thriving. Everything from vendor onboarding, order management, and anomaly detection to marketing outreach are being helped by automation solutions in this area.
The IT and automation roles in enhancing productivity, efficiency, and security have remained unnoticed by the majority of businesses at this time.
The Roadmap to Success.
Despite the growing recognition of the importance of business automation in driving digital transformation, research reveals that only a small number of businesses have benefited from it. Any transformation plan’s ability to quickly project value is the key to its success for businesses. The CIO can use it to move from a smaller initial deployment to a larger transformation objective.
Because it can quickly result in productivity, business automation is a great place to begin a transformation strategy. Utilizing automation’s productivity advantages and gaining knowledge from them to further enhance user engagement is the most effective strategy for achieving success with automation.
The following are some essential steps for implementing automation:
– Acquiring a thorough comprehension of the business procedure.
– Determining which ones are appropriate for automation.
– Optimizing them
Businesses can continue to derive greater value from AI-powered business automation solutions thanks to the numerous insights they receive. As a result, a cycle of constant optimization begins.
transforming “quick wins” into positive outcomes that last.
The outcomes a company is able to achieve as a result of a transformation strategy can indicate its success or failure. The “quick wins,” or small victories that automation brings about, have a long-lasting positive effect on a business. This has a positive effect on productivity, customer satisfaction, and efficiency. It holds true for businesses of all sizes and in all industries.
Let’s take Turkcell, a Turkish provider of telecommunications and technology services. They were required to process and examine numerous documents. They were able to significantly reduce the time it took to complete the task of data extraction from a staggering 2.5 years to just six months by employing automation technology, specifically a centralized content manager.
In addition, facilities management software and other automation tools have helped businesses reduce operating costs by millions of dollars and boost productivity. A number of solutions can store and map data about facilities and even alert the facilities manager in real time to problems so that they can be fixed right away and everything runs smoothly.
Preparing for the Future
Leaders who successfully develop an automation platform and a cloud ecosystem will be able to easily navigate an environment that is constantly changing, according to all evidence. Predictive technology, which is a fundamental component of AI-enabled automation, offers useful suggestions long before the actual issue arises. It removes many barriers before they have a chance to form.