This PPT slide, part of the 24-slide Developing an Innovation Mindset PowerPoint presentation, presents Principle 4 of a framework focused on managing technology investments across an enterprise. This principle emphasizes the importance of systematic tracking of returns on automation investments. The content is structured to compare leaders and laggards in this area, with leaders achieving a 94% effectiveness rate versus 47% for laggards. This stark contrast highlights the criticality of effective management in technology investments.
The description section underscores the need for clear visibility into company-wide technology investments. This visibility is essential for organizations to understand the impact of their automation initiatives and to make informed decisions regarding future investments. The case study featured is from a health insurance company, illustrating practical application. The company utilized live dashboards to monitor bots and automated activities across various business portfolios. This approach not only enabled real-time tracking, but also facilitated the calculation of investment benefits.
The results section outlines the positive outcomes of this application. It enabled the health insurance company to quantify the advantages of its investments in real time, allowing for agile decision-making. Furthermore, it opened avenues to identify new opportunities for expanding their automation program, reinforcing the value of proactive management in technology investments.
This slide serves as a compelling argument for organizations to adopt a structured approach to technology investment management. It suggests that those who do not may fall behind, while those who embrace systematic tracking can significantly enhance their operational efficiency and innovation capabilities.
This slide is part of the Developing an Innovation Mindset PowerPoint presentation.
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