AI Success: Where should you start - Business Goals or Tools?
Dr. Subhendu Pattnaik
CMO @ Covasant | Ex-Forrester Principal Analyst & CMO Advisor Asia Pacific | IIM Indore Fellow (PhD) | Top 50 Brand Leaders Asia | Keynote Speaker
AI generated debate (With my ideas and other ideas from secondary research). Consolidation by genAI. Wanted to let you know before you start reading, so that you can decide whether to read or skip.
Artificial intelligence (AI) is transforming the way businesses operate, offering new possibilities to optimize processes, personalize customer experiences, and gain valuable insights. However, as organizations seek to adopt AI, a critical question arises: Where should the journey begin?
Should we start with clearly defined business goals and objectives, identifying the gaps and what is needed by the business, or should we explore the ever-evolving landscape of AI tools and functionalities first to see what's possible? While both approaches have merit, achieving success often lies in striking a balance between the two.
The Case for Starting With Goals
Many argue that the most effective way to approach AI adoption is by starting with a clear understanding of what the organization hopes to achieve. Here’s why:
However, this approach isn’t without its challenges. Organizations risk limiting their potential if their goals are shaped by what’s familiar or achievable with existing tools and paradigms.
The Argument for Exploring Tools First
On the other hand, some believe that understanding the latest advancements in AI tools is essential before defining goals. Here’s why:
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The risk here, of course, is tool fatigue—getting caught up in what’s trendy without achieving tangible value.
Striking the Right Balance
The key to success lies in combining the strengths of both approaches. Here’s how:
Conclusion: A Journey of Exploration and Alignment
AI success doesn’t come from rigidly following a single approach. Starting with goals ensures focus and alignment, while exploring tools unlocks innovation and new possibilities. The true key lies in balancing the two—leveraging the strengths of each to drive meaningful outcomes.
As you embark on your AI journey, remember that flexibility, continuous learning, and a willingness to experiment are just as important as having clear objectives. The intersection of well-defined goals and the right tools is where transformation happens.
What’s your take?
Should businesses start with goals, tools, or somewhere in between?
Let’s continue the conversation!