George Kaczmarskyj on avoiding the steampunk automation trap

Robotic process automation is a tempting proposition for many leaders: who wouldn’t want the ability to replace your processes with cheap algorithms that can run 24/7? However, the real benefit of automation is not efficiency or cost-savings, but the opportunity to rethink your entire operating model. I spoke recently with some of EY’s automation clients in New York, and one of the most interesting chats I had was with George Kaczmarskyj, a principal within EY’s Financial Services advisory practice, who leads Robotics and Intelligent Automation for Americas Financial Services. In this episode about the future of automation, we spoke about the similarities with the early days of electricity when companies also struggled to reinvent their paradigm and business models.