the art and science of digital

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The ART and SCIENCE DIGITAL of S C I E N C E

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Page 1: The art and science of digital

TheARTand

SCIENCEDIGITALof

SCIENCE

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What’s common among these…?

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Yes, they’re all paintings. Art.

but…?

of…? by…?

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Plato

Aristotle Copernicus

Leonardo da vinci

Galileo

Picasso

Newton

Einstein

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Plato

Aristotle Copernicus

Leonardo da vinci

Galileo

Picasso

Newton

Einsteina·vant-garde /ˌaväntˈgärd/

noun

1. people introducing new, or experimental ideas, especially in the arts

2. the advance group in any field

synonyms: innovative, progressive, revolutionary, pioneer, trailblazer

They’re pioneers, revolutionaries, technologists, visionaries,

Avant-Garde.

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They carried the world enterprise forward >>>

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Speaking of enterprise… The Enterprise Starship -> Who led it?

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Captain Kirk

Strategic Instinctive

Holistic Humane

Visionary Relationship Guy

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Mr. Spock

Rational Logical Scientific Thinker Objective Go-to Guy

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The two sides of The Enterprise starship Command

Captain Kirk

Strategic Instinctive

Holistic Humane

Visionary Relationship Guy

Mr. Spock

Rational Logical Scientific Thinker Objective Go-to Guy

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Like two sides of brain

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Like Artand Science

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Like Artand Science

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Yoda and R2D2

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What’s all this got to do with YOU?

or your Enterprise?

or Digital?

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The Digital Imperative is upon YOU.

Image Credit: emka74 / shutterstock.com

Like Yoda said DO OR DO NOT. THERE IS NO TRY.

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Plato

Aristotle Copernicus

Leonardo da vinci

Galileo

Picasso

Newton

Einsteina·vant-garde /ˌaväntˈgärd/

noun

1. people introducing new, or experimental ideas, especially in the arts

2. the advance group in any field

synonyms: innovative, progressive, revolutionary, pioneer, trailblazer

Digital is not Mobility, Internet, Social, or just Tech.

It’s about being ahead of time.

Avant-Garde.

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What was Digital yesterday…

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is NOT Digital today…

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What is Digital today…

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Won’t be Digital tomorrow…

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It’s not about Form. It’s about The Essence.

Mobility v/s Experience

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What’s The Essence of Digital?

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Customer Experience and Contextual Customer Engagement.

Delight Your Customers.1

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Be Faster Than The Fastest2

Business Agility and Operational Responsiveness

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3Anytime Anywhere Business Ecosystem

Make Your Business Infinite

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But, Path to Digital…is not straightforward.

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You Need Guiding Principles

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1. Delightful Customer Experience is about Process Experience.

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2. Delightful Customer Experience comes from Contextual Engagement

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3. Customer Experience is not orthogonal to Operational Efficiency.

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4. Value Chain is out! Value Web is in!

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What do

YOU need to do?

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The Artand Science

…have to com

e togeth

er

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CREATE VALUE WEB

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You need to find ways to “Connect” all the dots of your Value Web.

CREATE VALUE WEB

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Platformize!

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Create the “platforms that cohesively work internally and externally to enable an orchestrated connect for delivering digital enterprise”.

Platformize!

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1Build Contextual and Flexible Process Platform

★ Automate Your Workflows

★ Use BPM and Case Management

★ Integrate Content into Process with ECM

★ Use Business Rules Management

★ Leverage Mobility, digitization, and imaging for customer context

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2Engrain Mobility and Social in Your Process Apps.

★ Leverage Digital Sensing

★ Leverage Omni-channel and Cross-channel Mobility

★ Orchestrate processes centrally

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3Deliver Process Experience

★ Break Process Silos

★ Provide Straight-through Processing

★ Leverage Robotic Process Automation

★ Use Context through integrated Content

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4Elevate Orchestration

★ Define Process Architecture and leverage Process frameworks

★ Automate complete Lifecycle of Processes

★ Measure and Optimize on business metrics

★ Orchestrate resources internal as well as external

★ Touch Customers with Mobility and Digital Sensing

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5Practice Platform governance

★ Separate Process Implementation and Platform Engineering

★ Leverage Automation for Processes

★ Govern with process models, SOA and seamless integration for Speed

★ Consider Mobility as extension of business processes

★ Use BPM as backbone for Robotic Process Automation

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The Artand Science

All that has to come together

and Connect!

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MEET Sarah. A Millenial.

PHARMACIST

LIKES TO

HAVE TIME

FOR HERSELF

DIGITALLY SAVVY

HAS PLANS FOR FUTURE

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SHE NEEDS HOME LOAN She Contacts You Online.

SHE DOES WHAT SHE DOES BEST.

HUNTS LOANS ONLINE, COMPARES,

CHECKS WITH FRIENDS & FAMILY

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AFTER ALL…

SHE ALREADY HOLDS AN

ACCOUNT WITH YOUR BANK

SHE EXPECTS A CAKEWALK.

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BUT, NOTHING HAPPENS…

NOTHING HAPPENS FOR A DAY.

SHE IS ROUTED AROUND.

SHE IS REQUESTED TO SUBMIT DOCUMENTS AT THE BRANCH

HER PATIENCE WEARS THIN!

SHE WAITS, LOOKS AROUND FOR OPTIONS, MAKES CALLS.

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SHE SWITCHES.

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30 MINS…

WHAT SHOULD TAKE

TAKES DAYS!!

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NAME, AGAIN?BTW, WHAT WAS HER

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TO REMEMBER HER!SARAH, EXPECTS YOU

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YES. RETAIL MORTGAGE LOAN IN 30 MINS.

AND, DID WE JUST SAY 30 MINS!?

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PIECES OF THE PUZZLE

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LIE UNDER THE HOOD

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SHE GOES TO THE YOUR WEBSITE, DROPS A CASUAL QUERY ON YOUR FACEBOOK

PAGE.

SARAH EXPLORES. DROPS HINTS ON FACEBOOK.

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1. DIGITAL SENSING! Tap Customer Sentiment

! Context Analysis

! Automated contextual Response

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Hello Sarah! Thanks for being an awesome customer. We have customized offers for you. Your personalized Link:

Explore now!

Send Message

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2. PROACTIVE ENGAGEMENT! Lending Process Kick-off.

! Customized Offers.

! Customer Data Integration.

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Hello Sarah! Options for you based on your account history.

Select one or Talk to us!

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3. LOAN INITIATION! Straight-through Processing

! Document Capture

! Image-assisted Data Entry

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SARAH COMPLETES THE APPLICATION ON MOBILE

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4. CREDIT AND ELIGIBILITY CHECK! Straight-through Processing

! Automated Business Rules

! Web-services based Integration

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5. DOCUMENT VERIFICATION! Integrated DMS for Fast Retrieval

! Automated Doctype Detection

! Image Processing & Enhancements

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SARAH RECEIVES REAL-TIME STATUS.

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6. LOAN PROCESSING! STP / Automated Loan Booking

! Auto-generation of Loan Documents

! Automated Business Rules & Policies

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SARAH RECEIVES CONFIRMATION & WELCOME DOCKET.

IN 30 MINS!

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7. LOAN DISBURSEMENT! STP / Auto Credit & Funds Clearance

! Robotic Process Automation

! End-to-end Process Orchestration

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SARAH RECEIVES FUNDS IN THE ACCOUNT.

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…IT WAS ALWAYS

SO SIMPLE!

IF ONLY…

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IN REAL WORLD, MURPHY STRIKES…

…OFTEN.

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SARAH INITIATES APPLICATION ON TABLET

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But, She gets distracted…

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! CROSS-CHANNEL

! Sign-up without documentation

! Omni-Channel Loan Application Initiation

! Cross-Channel Loan Application & Servicing

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Sarah initiates on tablet, fills out details on laptop, completes it on mobile.

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Multi Channel. Multi Form. Multi Mode.

Digital = The Power of device

CIRCLE OF ENGAGEMENT

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SARAH HAS A GOOD CREDIT SCORE. BUT, HER PROPERTY IS NOT REGISTERED.

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! CASE MANAGEMENT! Case Folder

! Knowledge Worker Participation

! Ad-hoc Exception Handling

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SARAH IS CONSULTED THROUGH THE PROCESS.

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LEGACY STRIKES. SILOS OF SYSTEMS NOT READY FOR INTEGRATION.

THEN

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! ROBOTIC PROCESS AUTOMATION! Automated scripts for Routine Tasks

! Automated Data entry

! Assisted Task Execution

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ROBOTIC PROCESS AUTOMATION MOVES THE PROCESS ALONG.

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SARAH FEELS SERVED. SHE IS A HAPPY CUSTOMER.

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SARAH, THEN, IS MORE THAN A CUSTOMER.

SHE IS YOUR ADVOCATE!

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Partner with Newgen!We help companies across geographies in their digital journey through our solutions in Business Process Management, Enterprise Content Management, Case Management, and Customer Communication Management.

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The

ARTandSCIENCE

DIGITALSCIENCE

of