Digital Assembly Line
More than 30% of our work is about checking data and facts. Digital waste costs US companies more than 3.000 billion dollars a year, according to a Harvard Business Review article. Bookkeepers check numbers, managers check processes and more and more lawyers check more and more rules.
Automation has made checking easy, but more compliance obligations and the traditional way of organizing trust also means that more and more has to be checked. Everyone continuously receives e-mails, apps, phone calls to respond to or meetings to attend.
Automation has taken us a long way, but it also ensured that bureaucracy and complexity increase while labor productivity decreases.
The good news is that there are solutions. When we combine modern organizational science with new technologies, we can execute office work much more productive, reduce waste and create a surplus. That is not a future, but a transition that has been taking place for some time. More and more managers show interest in this new way of organizing trust, work and our economies.
Concepts as Distributed Ledger Technology (including blockchain); Rich Data; Data Logistics and the Digital Assembly Line ensure that your productivity will increase and your total organization’s costs.
With real digital transformation, you can reduce your total costs by 10-20%. Reducing the 30% digital waste enables a thirty-hour workweek, which allows us to solve social problems and organize a broader and more sustainable prosperity.
As the physical assembly line was key in our prosperity growth in de 20th century, the digital assembly line will be key to organize our prosperity in the 21st century. Or as Peter Drucker wrote in 1999:
“The most important, and indeed the truly unique, contribution of management in the 20th century was the fifty-fold increase in the productivity of the manual worker in manufacturing. The most important contribution management needs to make in the 21st century is similarly to increase the productivity of knowledge work and knowledge workers. The most valuable assets of a 20th-century company was its production equipment. The most valuable asset of a 21st-century institution (whether business or non-business) will be its knowledge workers and their productivity.”