For AI strategy that drives value, focus on vision, value-realization, risk and adoption plans.
Business metrics include those focused on:, e.g., cross-selling potential, price increases, demand estimation, monetization of new assets, e.g., retention measures, customer satisfaction measures, share of customer wallet, e.g., inventory reduction, production costs, employee productivity, asset optimization
To date, AI business value has largely been generated from one-off solutions. Getting more value at scale, including from GenAI initiatives, may require deep business process changes; new skill sets, roles and organizational structures; and new ways of working. Failing to change will likely reduce your ability to capture the opportunities you identify.Map out how your organization will transform processes and systems and upskill people as GenAI becomes integrated into daily work.
Identify issues that could slow adoption of GenAI projects or impede your ability to capture their value. Map out solutions and actions and assign an executive owner to champion the organizational change required. For example, if your organization lacks the data literacy needed to drive AI projects, incorporate executives into
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Trump Indictments: Analyzing His Legal and 2024 Campaign StrategyFormer president Donald Trump is facing four separate indictments at both state and federal levels. WSJ breaks down each of the indictments and what they mean f
Read more »
City of Burien considers new controversial homeless sweeps strategy“I have a lot of concerns,” said Burien City Councilmember Cydney Moore.
Read more »
eTukTuk is Helping The World Charge Forward into an Electric Future, Learn About The TUK PresaleThere are all sorts of projects out there in the crypto market, but there’s one notable niche that’s been growing rapidly in the past 12 months. This
Read more »
Target’s Strategy to Draw Customers Through Its DoorsAbout 75% of the U.S. population can find a Target store within a 10 mile radius. WSJ’s Sarah Nassauer explains how the retailer leverages its physical stores t
Read more »
Scientists Reveal Best Dieting Strategy for Losing Weight With Type 2 DiabetesStudy suggests that time-restricted eating produces more weight loss than calorie counting. Losing weight is a common goal among individuals with type 2 diabetes, given the condition's strong correlation with overweight and obesity. However, it hasn’t been clear what dieting strategy works best f
Read more »
DeSantis: Florida Could Learn Something From Boston Red Sox FansSounds like Gov. Ron DeSantis isn't too impressed by his Florida sports fans' passion (or lack thereof) - unlike those Boston Red Sox fans.
Read more »