Automation
This is a preview of a concept contained in The Personal MBA by Josh Kaufman, a book that will help you master the fundamentals of business, hone your business instincts, and save a fortune in tuition. The Personal MBA distills the most powerful principles of business and delivers them quickly and concisely. Order your copy now…
What is “Automation”?
“The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.” — Bill Gates, founder and chairman of Microsoft
Key Points:
- Automation refers to a system or process that can operate without human intervention.
- Automation works better in repetitive, well-defined tasks.
- The less human intervention, the more efficient the Automation.
- Automation is the best way to Scale, Duplication and Multiplication.
Questions for Consideration:
- Could the process or system you’re improving potentially be automated?
- How could you remove human effort or intervention from the process?
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