How to Modernize Your Business Operations With AI

How to Modernize Your Business Operations With AI

Open any website and it’s almost guaranteed you’ll see an article about generative Artificial Intelligence (AI) programs. But what is AI, exactly? Most importantly, as a business owner, how can you harness the tools available? In this article, we discuss the concept of AI, shedding light on its practical applications and how to use it effectively in a business setting.

We asked Bing’s chat function what the definition of Artificial Intelligence (AI) is, and received the answer, “Generative artificial intelligence is a type of artificial intelligence technology that broadly describes machine learning systems capable of generating text, images, code or other types of content, in response to a prompt entered by a user.”

Tomer Warschauer Nuni writes for Forbes.com, “Embracing AI has the potential to catalyze growth, enhance operational efficiency and transform both customer experience and the business model.”

So where do we go from here? Establish clear goals before adopting AI into your business and look to work with AI experts. Business development organizations like Mason SBDC are adding programming such as “How Hackers Exploit AI to Target Small Business Owners” to their repertoire (https://bit.ly/3svfpPG).

ChatGPT is unarguably the most utilized generative AI program, with the ability to provide everything from email templates to debugging code. So how do you write an effective prompt for ChatGPT? Most importantly, writing an effective prompt comes down to specific details. One simple way to write a prompt is by writing using the Eisenhower Decision Matrix, outlined below.

Photo: Kos Blaz, Spica.

For example, we could write a prompt using quadrant three by using the prompt, “I often find myself caught up in meetings and emails throughout the day, leaving little time for focused work. How can I better handle these immediate demands while still making progress on meaningful tasks?”

In addition to ChatGPT, AI applications for note taking, such as Otter.ai, can be used to transcribe speech into written text. Cipher, on the other hand, captures content from various sources and organizes it into actionable notes. As business professionals, automating this essential but time-consuming task can help free time to complete additional tasks.

Proper understanding and utilization of AI can unlock new levels of efficiency that can set your business apart in highly competitive markets. Do your research, find training programs or hire professionals, but most importantly- remember that AI is just a tool and it’s important to keep a human touch. Now that we have made it to the end of the article- can you guess which parts of the article above were written by AI?

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Sources

Nuni, Tomi Warshauer. (2023, August 16). ?Six Ways AI Could Revolutionize The Way You Do Business.(forbes.com)

Kos, Blaz. (2021, August 9). The Eisenhower Matrix- A Popular Prioritization Framework. The Eisenhower matrix – A popular prioritization framework | Spica

Mack, Lindsay E. (2023, May 25). 4 Ways to Use ChatGPT for Time Management. 4 Ways to Use ChatGPT for Time Management (makeuseof.com).

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