A recent study of 602 executives, published by HFS in April 2023, shows that “enterprises are embarking on a wide range of initiatives that are the building blocks and driving forces behind the autonomous enterprise.” The three leading strategic initiatives of today’s business leaders are to imporve automation of processes and data, leverage emerging technology, and imporve their ability to respond to market shifts.
HFS researchers sound a note of caution around supporting infrastructure. “End-to-end automation of an organization presents a persistent challenge, with processes and departments running in siloes and making siloed technology choices,” they state. “Organizations don’t give business functions enough scope to drive better internal alignment toward building end-to-end solutions that are fundamental to the autonomous enterprise.”
Trust and effective governance are the keys to success in any autonomous enterprise, the HFS team emphasizes.
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