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Home›Key Performance Indicators›The key to revolutionizing business

The key to revolutionizing business

By Mabel McCaw
December 26, 2021
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Smart automation means integrating smart technologies into business models

There was a time when intelligent automation was commonly used by large companies. It is now a centuries-old story and business automation is a thing of the future. Large, medium or small businesses have revolutionized the way they operate. How? ‘Or’ What? Using intelligent automation. An umbrella term that includes the use of AI business process management and robotic process automation (RPA) is a wide application of AI for businesses. Why? Staying relevant is what every business strives for today. Whether it’s reducing errors, optimizing customer management, increasing production and delivery speed, or reducing costs, scaling the business in a variety of ways requires a intelligent automation.

Whether you are just starting out or looking to expand an already existing business, intelligent automation is something you should strive for. Scaling up businesses and streamlining procedures is a necessity for all businesses. Transforming mundane rule-based business procedures has never been easier, thanks to business automation. That way, business owners can spend more time on other important areas: whether it’s improving the customer experience. If more businesses pay attention to this smart automation, it wouldn’t be a distant dream as more businesses are successful than ever. When it comes to adopting smart technologies, the more flexible a business, the faster would reap the benefits. Time, however, is the key. There has to be some planning and testing before determining what works and what doesn’t. Here are some ways intelligent automation can improve business agility.

Plan a roadmap

While it’s easy to think of intelligent automation as a technical step, it’s also about managing change. A careful strategy or a plan ahead is not negotiable. This, coupled with the integration of operational leaders into the process, is surely the first step towards long-term business improvement. The design of a roadmap should be done to identify the challenges that might arise with intelligent automation. Bringing in leaders from different levels and industries contributes to a smoother implementation of intelligent automation.

Pilot absent

Running small-scale pilot projects is a great way to test the early stages. Once a roadmap is prepared, running a little proof of concept is helpful in highlighting issues that might have been overlooked at the start. In addition, it is better to run such pilot projects in a test environment to avoid affecting the regular operations within the company. The results of these projects can also help to attract stakeholder support and relevant sponsorship before moving on to the next cycle. Remember to take into consideration key performance indicators (KPIs) which can help assess the success of pilot projects.

Launch and take the first steps

Once you have tested and evaluated your pilots, the next step is to launch intelligent automation initiatives by integrating them into the business system. This step asks stakeholders to define the requirements (whether technical or operational), plan the solution, code and finally deploy the software. Additionally, it may be up to you to take training initiatives to increase efficiency and encourage a smooth transition. At this point, companies can assign staff for in-house training and plan ahead. Remember, communication is the key. While it is easy to gain the glory of intelligent automation, there may also be initial resistance among company personnel. In this situation, education and communication go a long way.

Monitoring of results

Implementing intelligent automation doesn’t stop at launch. The next vital step is to monitor the results of the implementation. Tracking the progress and measuring the success of intelligent automation systems is extremely crucial in determining the path to business success. The results must be communicated effectively to all stakeholders and to company staff. The idea for measuring the success of the implementation is to predict whether there will be long-term improvements and immediate gains.

Possibility of improvement

There will always be room for improvement. It is always important to learn from experience. Integrating and implementing intelligent automation is a repetitive process and requires great patience. Companies would make better use of these systems through test and trial methods or even through staff and user feedback systems. Many business organizations have established a center of excellence that takes into account aspects such as supplier management, intelligent automation training and the creation of a knowledge bank on problems, solutions and methodologies.

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