Robotics Process Automation – What’s in it for you?
Robots! Automation! Scary words that only a decade ago conjured up images of car manufacturing assembly lines, job losses and robots taking over the world....
What this means really is that if used correctly, we can get technology to do the mundane tasks like open emails, fill in forms and action long unnecessary processes.
As part of the “digital transformation” bandwagon, many organisations are looking at how Robotics Process Automation (RPA) is going to help drive operational efficiency, here’s why it isn’t going to be as simple as you think.
RPA isn’t new. It’s a technology that has been round for a few years now – it just seems to have not got very fashionable due to new technology players and maturity of the platforms.
RPA is a project that should never stop. If done correctly it will actively drive positive continuous improvement and provide the foundations to check that it is delivering what you set out for it to do.
Some might argue that because basically it automates outcomes in the majority of cases, many ERP and CRM’s have been doing this many years ago albeit the intelligence now on the technology is a lot more than this statement gives it credit for.
So this is typically what happens…
You get the idea.
The problem with most RPA implementations:
The market has changed significantly over the last 18 months, with only really 5 main players being able to deliver credible platforms.
It doesn’t stop there. Investors are clearly seeing this market in a boom with AA completing it’s second round of funding in 18 months now securing $840m valuing them at $6.8b followed by Ui-path now heading for an IPO.
This is not a market that shows any sign of slowing down and will be worth an estimated $6.1b by 2026 according to latest research.
If RPA really is going to be the unicorn that delivers what we want it to do, we must learn from all the other “Digital Transformation” projects that have been implemented and fail to deliver the outcome they were promised.
Regardless of the product, platform, exec sponsor, capabilities or whatever challenge we want to throw at this industry, if you are serious about exploiting this capability to drive efficiency you need only one thing – a strategy.
Building your RPA strategy is easy. It requires a small amount of time invested upfront, so it sets you on the right path for delivering a successful implementation.
This type of project has to have a clear purpose, it needs to be well defined and more importantly you need to be able to link it back into an overall business strategy goal – otherwise why do it?
To do this, you need an exec sponsor to bring the business together. Once an exec sponsor has ??? they then need to form a project team of representatives from the business.
Together, outline what can be achieved, why this is a positive thing and together agree some principles the team buy into to avoid conflict subjective opinions and start the foundation of a
Many organisations will be looking at these projects to see how they can save money and drive efficiency for staff to carry out value add roles, that’s great but it misses the key point of this – improve your customer experience.
At a recent Digital Leader Summit in London attend by 160 business leaders from different sectors a shocking 12% had ever carried out a customer experience journey.
Let’s be clear, no change should be happening without doing this first and understanding the root cause of the challenges within the organisation where RPA can be there to assist. This is also key for your benefits realisation which is outlined in point 6.
Your technical department will add huge value to this change, but it needs business input for it to be successful. Let the IT department be involved but let’s be clear this is a business change and there is no such thing as IT project!
Now with anything that is going to be changed within your organisation, the first part of the strategy should be your Hearts and Minds. This is without doubt the easiest piece to get right but always the bit that gets missed off.
Many people will be worried about bots coming to take their jobs, this is not the case. But put yourself in their shoes, if you don’t communicate properly with them people will naturally jump to conclusions.
Take time to get them involved, listen to the concerns, coach them and make sure they really understand what is happening and why.
Don’t be a statistic and end up being involved in a project that goes over budget, delivers no value and somebody will lose their job over.
Before you get seduced by the technology vendors on what can be achieved, understand what you want from it first.
To do that you need to do 3 simple things:
At some point in the future, somebody will question why this project was undertaken and what this has delivered back to the business.
Benefits realisation is critical to your success. Make sure you document the problem you have, the impact on the business and how this project will resolve this.
It needs to be quantifiable with something tangible using your customer experience mapping as well as the efficiency are good places to start.
Go back 3, 6 and 12 months after go live and retake the measurements to ensure it is delivering the desired effects, if not, adopt and improve – this project will never be complete.
Not all organisation have the luxury of skills and resources to undertake what is required for this type of project. Again, not just from a technical prospective but also business capabilities.
Ask yourself candidly, do you have the skills to map out processes effectively? Are you equipped enough to challenge the ways you are currently working? DO you have enough resources to do this even if you did have the skills?
If not, work out the resource plan and build this into your cost model.
Once you have done the internal work, then you are ready to engage with the market. It is imperative to do this way round so you don’t get seduced on the features and benefits of the technology but turn the tables and make sure you are clear on the outcome you are trying to achieve and allow the tech to demonstrate how they can support you in achieving this.
You should have enough information now to get an understanding of the costs, timescales, risks and assumptions that gives you sufficient confidence.
There are many things that can be added to your business case but the above gives you a starting block to allow you to make an informed decision.
Make sure the vendor you select signs up to your business case. “Skin in the game” should be used to ensure they deliver what the business case said it would.
You have your business case approved, budgets and resources released – but don’t rush. There is a lot of learning to take place along the way.
Start with a proof of concept with a select few processes and outcomes, make sure you run the required governance to deliver this and then undertake a lesson learnt exercise before going out to the rest of the business.
RPA isn’t going anyway from us any further. If used correctly, RPA coupled with Artificial Intelligence and Machine Learning will add considerable operational efficiency to your organisation but ulitimatley deliver an unrivalled customer experience your peers will aspire to.
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