Augmented management in strategy consulting

Augmented management in strategy consulting

Augmented management is an approach to team management that combines traditional management practices with technological solutions. This means using data analysis, artificial intelligence (AI), machine learning and other digital technologies to strengthen decision-making processes and improve team performance. The aim of augmented management is to deliver better results in less time, while reducing costs.

How can augmented management help your company?

At finopia, we use augmented management to provide better insight into customer needs, identify new growth opportunities and optimize operations. By leveraging data analysis and AI tools, you can gain actionable insights that can then be used to develop new products or services.

In addition, AI tools can be designed to automate mundane tasks such as market research or competitor analysis, so that your team can focus on more complex tasks, such as developing strategic plans or customer presentations. Finally, augmented management tools, such as project tracking software or task automation systems, can help to streamline your workflow processes by providing real-time visibility of work progress, as well as automating manual tasks such as scheduling meetings or sending reminders of upcoming deadlines.

Examples of augmented management in an SME

  • Performance tracking to automate administrative tasks such as scheduling appointments, managing e-mails and phone calls, time spent on each task, number of tasks completed. This helps managers to better understand their employees’ performance and make informed decisions to improve their productivity.
  • Use artificial intelligence to perform complex analyses and generate valuable insights for customers.
  • Voice and speech recognition for real-time transcription of meetings and memos for managers, helping them to better monitor discussions and decisions.
  • Using augmented reality to provide real-time instructions to employees during training or problem-solving, which can improve the quality and speed of results.
  • Using blockchain to track financial transactions and customer contracts transparently and securely.

These examples show how technology can be used to improve management processes and facilitate decision-making. However, it is important to note that augmented management does not necessarily replace good human leadership and effective communication.