AI Operating Model: Be future READY
Ash Shukla
MBA, CITP, Technology leader, Turnaround and Transformation, Digital Operating Model, Business Technologies, NED
Why do we need an AI Operating model, its simple either we all adopt AI operating model or become extint. Its anot about bury head in the sand or be on the side of deniers but embracing AI in the organisation with open mind.
I am going to refer to few stats from industry ( with credits),
65% of respondents accelerated their existing AI strategy, or were forced to create a strategy, due to the advances in generative AI models in 2022 (Scale, 2023)
35% of companies say that limited AI skills, expertise, or knowledge are a barrier to AI adoption (IBM, 2022)
47% of executives say it’s challenging to integrate AI initiatives into existing processes and systems (Veritone, 2020)
The options are clear , we are either
- Blockbuster or Netflix
- Kodak or Digital Photography
- Traditional Retail or Amazon
- Local Taxi or Uber
- Local Retail bank or Fintech
There is one common theme here, the successful organisations or sector adopted technology skill fully and got best out of the battle. The question remains on why and how AI strategy can help and it can do by :-
1. Acheive Strategic Alignment
2. Better Governance and Control
3. Better Resource Optimization
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4. Improved Operational Efficiency
5. Acheive Innovation and Competitive Advantage ***
6. Improve Data and Technology Management ***
7. Improve Talent and Skill Development
8. Improve Performance Measurement
9. Improve Collaboration and Communication
10. Transform Customer Experience and Personalization
Implementing an AI operating model provides a structured approach to integrating AI technologies into a company’s operations. It ensures that AI initiatives are strategically aligned, efficiently managed, and effectively deployed, leading to enhanced innovation, competitiveness, and overall business performance.
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If you would like to know more or collaborate to get the AI first operating model implemented in the organisation, please give me a shout.