Automation Is Here - Deepstash

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Automation Is Here

Automation has a huge potential to change the nature of work, freeing up workers from tedious, repetitive, and precision work. Automation is a transformational change for owners, employees and customers, along with the society at large.

A McKinsey study estimates that around 50 percent of current work could be automated, and companies that support automation and AI end up creating better jobs.

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It's a good idea to start building internal capabilities to ensure that the resources needed to roll out the new technologies can be sourced in-house.

Reduce dependence on external automation providers by starting early to develop automation and related skills among the existing workforce....

A thorough reassessment is required of how the company operates and how best to capture the impact of automation.

Companies who have just automated on the surface have had small and limited results that don't last. Companies that have understood and deployed the high-risk, high-reward prop...

A company-wide program, lead by the senior leaders, is essential to establish and empower a team to manage the effort.

A central transformation office is important as, without centralized control, each unit or function will misalign if left to itself in isolation.

Ma...

A joint effort of commitment and communication is essential for a thorough approach to automation and has to be led by top management.

Apart from IT, all stakeholder groups like HR, Operations, Business Units have to be engaged, and communicate consistently.

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The Importance of Employee Well-being

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Your company’s culture plays a critical role in whether employees feel welcomed and valued by their company and peers. It also impacts employee morale and—inevitably—employee turnover.

Be on the lookout for classic signs of an unhealthy corporate culture, such as gossip...

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