The early days of the COVID-19 were, for good reason, consumed by crisis planning.
With that phase at an end, leaders are shifting from a reactive mode to a more proactive stance. The “new normal” has challenges, but it’s manageable. The time has come to plan for a future that will be better –– not just better than today, but better than before.
Instead of reacting to uncertainty, they have begun building bridges between where we are today and a world that will be transformed in ways we can clearly anticipate. Every day, we’re helping more customers become proactive in leveraging Data, Analytics and AI to build the capabilities they’ll need in the years ahead.
The path forward is to reassess, respond, and recalibrate
Better decisions begin with better questions.
Is your organization prepared to make the correct decisions in this fast-changing crisis and beyond? Are you able generate fast, reliable insights from enterprise-wide and external data sources to make confident choices?
Building an Intelligent Enterprise will be critical in the future. Some organizations are already on the path, others are just beginning their journey. But regardless of the stage of maturity, now is the time to accelerate your efforts. Look for quick wins that drive cost savings and efficiency.
REASSESS IN ACTION
An insights-driven, automated contact tracing solution for an energy provider to minimize the health risk of its field employees. By leveraging Wipro’s operating analytics solution on its existing enterprise data infrastructure, the solution was up and running to help leaders make critical business decisions in less than two weeks.
In the face of uncertainty, some executives can find themselves frozen, fearful of making a wrong move that will make a bad situation worse. Others can leap from one decision to the next, hoping to find an outcome that works.
Responsiveness requires agility built on solid data, clear processes, and scenario modelled planning that enables more trustworthy forecasting.
RESPOND IN ACTION
Business users at a global technology major wanted to make faster decisions even in the face of uncertainty and frequently changing business plans. Wipro helped them build agile and real-time planning and forecasting processes. Scalable, customizable, and platform agnostic with KPI transparency across business functions, it delivered a 50% faster planning cycle, 35% more accurate forecasting, and 2x faster aggregations.
Some executives may be tempted to operate purely defensively with the goal of simply surviving the storm. But this will quickly look short-sighted when the world settles back to some kind of new normal. Will your organization be prepared to deal with a changed world? Will it be capable of continuous exploration, ready to innovate new solutions, and operationalize new ideas faster?
Emerging on the other side of this crisis smarter, stronger, and ready to compete better than ever should be your real goal.
RECALIBRATE IN ACTION
More than 250 nursing homes and hospitals facing a shortage of resources needed to ensure timely delivery of critical food services. Leveraging Wipro’s end-to-end Data, Analytics, and Automation and Data Discovery platform, we delivered the solution in just 24 hours.
Reassess, Respond, and Recalibrate
The next generation of leaders at the smartest organizations in the world aren’t waiting for the crisis to end before they take action.
They are starting right now to prepare their organizations for a transformed world.
With the right partner, you can, too.
To learn more about how to Reassess, Respond, and Recalibrate to build a bridge to a more successful future for your organization, go to https://www.wipro.com/analytics/.
Global Head and VP, Data, Analytics & AI, Wipro
With a passion for driving data to decisions journey for Wipro’s customers, Jayant has played multiple roles within Wipro in the area of Data, Analytics & AI. He has spent 22 years with Wipro and is a part of the Wipro DMTS (Distinguished Member of Technical Staff) Council.