Raghav Sharma
Class of 2025Mumbai, Maharashtra
About
Hello! My name is Raghav Sharma, and I am currently working on a Polygence project focused on analyzing the strategic considerations for implementing Robotic Process Automation (RPA) compared to traditional human labor in recurring business tasks. My interest in this topic stems from a deep fascination with the intersection of business and technology. With industries rapidly evolving due to technological advancements, particularly automation, I believe that understanding how businesses can leverage tools like RPA is crucial for staying competitive in the future. By exploring the criteria that influence the decision to implement RPA versus relying on human labor, I aim to provide valuable insights into optimizing operational efficiency and cost-effectiveness for businesses. This project not only aligns with my passion for applying business concepts in practical, real-world scenarios but also prepares me to adapt to the technological shifts that will shape the future of work. In a world that increasingly values automation and technological proficiency, I am eager to deepen my understanding of how businesses can strategically navigate these changes while ensuring sustainable growth and performance.Projects
- "What criteria and decision-making processes should businesses employ to strategically determine when it is more optimal for a certain recurring task to be carried out by Robotic Process Automation (RPA), as opposed to human labor, to make the process more efficient in terms of production and cost-effectiveness?" with mentor CJ (Oct. 17, 2024)
Project Portfolio
What criteria and decision-making processes should businesses employ to strategically determine when it is more optimal for a certain recurring task to be carried out by Robotic Process Automation (RPA), as opposed to human labor, to make the process more efficient in terms of production and cost-effectiveness?
Started Aug. 23, 2023
Abstract or project description
This research paper investigates the strategic considerations for implementing Robotic Process Automation (RPA) compared to traditional human labor in business operations. It outlines the benefits of RPA, including enhanced productivity, error reduction, and improved compliance, while evaluating its cost-effectiveness relative to manual processes. The paper introduces a framework for organizations to assess the suitability of tasks for automation, focusing on factors such as process complexity, data structure, and regulatory obligations. Through a review of successful RPA implementations across various sectors, the research emphasizes the potential for substantial return on investment (ROI) and operational efficiency improvements. Furthermore, it addresses the challenges and ongoing costs related to RPA maintenance and the importance of vendor support for scalable solutions. The aim is to provide a decision-making model that enables businesses to optimize their workforce allocation in recurring tasks, effectively balancing automation and human involvement to achieve maximum efficiency and cost savings.