Want FREE Templates on Digital Transformation? Download our FREE compilation of 50+ slides. This is an exclusive promotion being run on LinkedIn.


RPA TOOLKIT


We have assembled 12 documents in the RPA Toolkit. All documents are displayed below on this page.
COVID-19 has accelerated Digital Transformation by 10 years. Take a look at the Top 100 Best Practices in Digital Transformation of 2024.

  Open all 12 documents in separate browser tabs.
  Add all 12 documents to your shopping cart.


Given the rapidly changing business landscape, the words of Satya Nadella, CEO of Microsoft, are pertinent: "Our industry does not respect tradition—it only respects innovation". In this context, many C-level executives are sharpening their focus on Robotic Process Automation (RPA)—a technology that offers innovative approaches for businesses to streamline their processes, boost productivity and increase profit margins.

Understanding Robotic Process Automation (RPA)

Simply put, Robotic Process Automation, or RPA, is a type of software that mimics the actions of a human within digital systems to execute a process. It interacts with various applications, just as a human would, performing tasks across systems and platforms—from filling in forms and sending reports, to making complex decisions based on set parameters.

Key Benefits of Robotic Process Automation

RPA And Strategic Planning

Just like any other tool, the success of RPA depends largely on proper Strategic Planning and Deployment. RPA must be aligned with an organization's overall corporate strategy to attain significant benefits. As such, the primary focus should be on the redesign of processes for automation, selection of correct processes to automate, and determining the implications of RPA on workforce and existing operational processes.

Fostering Operational Excellence with RPA

Organizations can foster Operational Excellence by leveraging RPA to streamline their processes. However, there is a common misconception that rolling out an RPA initiative automatically results in cutting-edge Operational Excellence. This is not always the case. Building Operational Excellence requires rigorous Process Improvement and Management methodologies, such as Lean and Six Sigma, with RPA as an enabling tool rather than the driving force.

RPA and Digital Transformation

Many organizations view RPA as an important step towards their Digital Transformation journey. RPA, combined with transformation methodologies such as Service-Oriented Architecture (SOA) and technologies like Artificial Intelligence and Machine Learning, can lead to unprecedented business growth and value.

The future of RPA

Despite its numerous advantages, adopting RPA is not without challenges. Choosing the wrong processes to automate can lead to losses instead of gains. Lack of planning and underestimation of complexities can result in project failure. Also, workforce concerns due to perceived threats from automation can lead to resistance.

However, overcoming these challenges can lead to an optimized work environment that utilizes the best of human skills and robotic efficiency. Increasingly, organizations are considering RPA as part of their overall technology ecosystem. Keeping an eye on the broader perspective— including intelligent automation, natural language processing and machine learning—can help businesses to make informed decisions about where to make appropriate investments.

The Role of the C-Suite

The C-Suite has an essential role in shaping the direction of RPA adoption, defining expectations, establishing governance and ensuring that RPA initiatives are aligned with the organization's strategic agenda. Achieving RPA success needs the collective effort of the C-Suite—not just CIOs and CTOs—given the strategic implications of RPA implementation in shaping the future direction of the organization.

For more information, have a look at these management topics:




CUSTOMER TESTIMONIALS




SELECT CUSTOMERS
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes across the world—in over 130 countries. Below is just a very small sample of our customer base.



Did you know?
The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.







Browse our Business Toolkits
to quickly find the documents you need.
Each business toolkit is a collection of documents around a common management topic.





TOP 40 TRENDING TOOLKITS


  Show all available toolkits.

Download our FREE Strategy & Transformation Framework Templates

Download our free compilation of 50+ Strategy & Transformation slides and templates. Frameworks include McKinsey 7-S Strategy Model, Balanced Scorecard, Disruptive Innovation, BCG Experience Curve, and many more.