It is widely accepted that Brexit will have a major impact on our UK workforce – regardless of any labour agreements that are made. We are already seeing the effects – which range from corporate decisions about where to locate teams – through to individuals changing their life plans. In the back office, this poses the risk that individuals holding key roles will leave an organisation – and most have no clear strategies of how to replace them. The good news is that there are key steps that companies can take to protect against this risk – and also capitalise on the fast accelerating world of Robotic Process Automation (RPA).
Do you want to join an innovative management consultancy that shapes, defines and delivers high level business or IT transformation programmes?
Following the relaunch and rebranding of our organisation we want to speak with people who are keen to embark on a new and rewarding career within consultancy. You may have recently graduated or moved into a role following graduation that isn’t quite the career path for you, or perhaps you have been seconded onto an internal project and really enjoyed working to support it.
In the 1980s the General Electric CEO, Jack Welch, advocated a system of employee performance he called ‘rank and yank’. Employees were, on an annual basis, sorted and ranked; poisson curves were drawn as lines on a battlefield and employees found themselves promoted, rejected or forced to remain as they were and try again next year. Since then, the ‘dreaded’ annual review has been an intrinsic part of major organisations for nearly thirty years. Managers curse the inevitable deluge of paperwork and difficult conversations. Employees compete for promotion or fear unemployment. If this sounds familiar, rejoice! A revolution is underway.
Robotic Process Automation (RPA) has been around for some time. It is increasingly being considered as organisations drive for efficiency within ‘expert’ functions, and as an alternative to outsourcing. Quotes that RPA will replace 30-40% of white collar jobs over a 10-20 year timeframe have to be set in the context of continuing efficiency, however RPA is a reality in many organisations.
The bottom line on RPA
Robotic Process Automation (RPA) has been around for some time, but is increasingly being considered as organisations drive for efficiency within more ‘expert’ functions, and as an alternative to outsourcing. The benefits are driven by
Scalability – as a ‘train the trainer’ approach can be rolled out from one software robot to another
Productivity – as robots work faster, and 24 hours a day
Accuracy – with a reduction in errors
Compliance – from greater accuracy but also in terms of retaining data and processes onsite