Executives want to keep their jobs and in order to do so they need two things: headcount and budget. Automation can be seen to threaten these symbols of power.
Yes without embracing automation the threat will eventually hit the organisation like a tsunami.
Key to success is using the talent and knowledge of employees to focus on value-add activity rather than the predictable tasks that robotic process automation can achieve more effectively and productively.
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This requires leadership, strategic planning and a commitment across the organisation.
Imagine you are an executive in a corporation and you have 5000 people under you. One day someone like me tells you that you can replace 80 percent of your workers, 4000 people, by streamlining your work processes using robotics and artificial intelligence. You should be ecstatic, right? That is a significant cost savings that is going to directly affect your bottom line. But, it doesn’t work that way because that is not how many corporate managers think. They want to keep their jobs and in order to do so they need two things: headcount and budget.