Unlocking Automation Financial Benefits
🤔 Have you considered using the Lean Six Sigma DMAIC approach with your Automation Projects to unlock automation financial benefits?
🤖 During the past few months, while working with my clients, many want to ensure that some automation is a part of their future solutions.
🤖Automation includes everything from RPA to IA, including ML, AI, IDP, etc.
💰 While you want to use the new shiny objects in the room, it may be time to slow down and think about how these technologies will benefit your business.
💡 You need to connect the people, processes, and technology to demonstrate any project’s tangible financial benefits, especially when automation is part of the solution.
💡The Define, Measure, Analyze, Improve, and Control structure can help guide the Automaton Teams and COE to understand the actual impacts of the automation and financial benefits.
👉 Here are some high-level steps you can follow to help guide you:
✅ Define: Define the problem and the objectives. Set up a clear business case with a problem and goal for the project. Quantify the overall financial benefit.
✅Measure: Understand the current processes & pain points. Baseline your current process.
✅Analyze: Analyze the process and define the factors of influence. What are the problems in the process?
✅Improve: Identify and implement improvements and include technology as a part.
✅Control: Set up a control and continuous improvement plan to ensure the improvements are sustained and you are looking for new ways to implement more advanced technology.
📈 By showing actual impacts, your projects will reflect how it is helping the people and the business.
👉What are your thoughts?
👉Have you tried to use the DMAIC approach with your projects?
👉If you’d like to learn more about how to do this, we can schedule a time to talk.