What Business Leaders Need to Know About AI
By now, we all know AI is a transformative tool with the potential to redefine intelligence across business. However, with countless tools and endless possibilities, it's easy to get overwhelmed.
Hereโs what business leaders need to know to make informed, strategic AI choices โก๏ธ:
๐ก ๐๐ฉ๐๐ง๐ฉ ๐ฌ๐๐ฉ๐ ๐ฝ๐ช๐จ๐๐ฃ๐๐จ๐จ ๐๐ค๐๐ก๐จ, ๐๐ค๐ฉ ๐๐๐๐๐ฃ๐ค๐ก๐ค๐๐ฎ:
AI should serve your businessโnot the other way around. Identify specific goals and confirm AIโs suitability for each. This focus helps avoid misdirected tech adoption.
๐ก๐๐๐ฃ๐ผ๐ ๐๐จ ๐ ๐ช๐จ๐ฉ ๐๐๐ง๐ฉ ๐ค๐ ๐ผ๐โ๐จ ๐ฝ๐๐๐๐๐ง ๐๐๐๐ฉ๐ช๐ง๐:
While Generative AI (GenAI) dominates the headlines, AIโs scope is far broader. GenAI creates contentโtext, images, audio, and videoโbut other AI applications, like predictive analytics and recommendation systems, also offer transformative value across business functions.
๐ก๐ฝ๐๐ฌ๐๐ง๐ ๐ค๐ ๐๐ฎ๐ฅ๐: ๐ผ๐จ๐จ๐๐จ๐จ ๐๐๐ฉ, ๐๐ค๐ฉ ๐๐ก๐๐จ๐:
Itโs tempting to adopt the latest tools, but not every technology fits every business. Critically assess each toolโs compatibility with your systems, data, and goals.
๐ก๐๐ฃ๐๐๐๐ ๐๐ค๐ช๐ง ๐๐ฃ๐ฉ๐๐ง๐ฃ๐๐ก ๐๐ญ๐ฅ๐๐ง๐ฉ๐จ:
Involve your technical teams (Data, Data Science, AI etc.) early to ensure data readiness, assess the build, buy, or partner approach, and establish clear accountability for AI initiatives. Their insights ensure that AI investments are practical, beneficial, and aligned with your business reality.
๐ก๐๐ค๐๐ช๐จ ๐ค๐ฃ ๐๐๐๐จ๐ช๐ง๐๐๐ก๐ ๐๐ช๐ฉ๐๐ค๐ข๐๐จ:
AI investments should deliver tangible value. Define clear metricsโsuch as time saved, cost reduced, or enhanced customer engagementโbefore adopting any tool. Start with a pilot to validate impact and refine your approach before a full rollout.