5 September 2023
The influence of artificial intelligence (AI) is unquestionable and inexorable. From healthcare to agriculture, retail to finance, AI is reshaping industries across the board. If you still doubt whether AI will impact you, it's time to change the way you think. Here's a blueprint to act as a guide for ‘What to do now?’
AI doesn't discriminate by sector. Assess your organization's readiness.
Ask critical questions:
Pinpointing your current status unveils areas requiring attention.
AI introduces novel complexities and risks that impact every industry.
A well-defined governance framework will steer your AI initiatives in the right direction.
Policy: Ethics and Values
AI brings ethical concerns into sharp focus, putting the spotlight on your organisational values. The impact on privacy, fairness, and accountability spans all industries.
Whether you're a healthcare network, a factory, or a financial institution, aligning AI with your core values ensures it serves your business objectives while adhering to a moral standard.
Strategy: Make a plan
Your AI journey requires a well-crafted yet fluid strategy.
A well-defined strategy will guide your efforts , align them with your business objectives, while meeting your ethical expectations. If you need to engage someone to help you guide this process, do it.
Establish enduring success: People, Policy, Process, Technology
Successful AI adoption and response hinges on a dynamic blend of people, policy, process, and technology.
AI's power extends its influence into every corner of the business world. To remain competitive and relevant, it's imperative all industries embark on their AI journey. Commence with a readiness assessment, establish robust governance, uphold ethical values, craft a clear strategy, and align your people, processes, and technology. Embrace AI wholeheartedly, for the future belongs to those who see its universal potential and prepare accordingly.