Operationalizing AI: Three Keys to Deploying and Scaling AI Programs to Maximize Value and Mitigate Risks
The rapid advancement of AI technology has compelled organizations to reevaluate their strategies and increase investments. Yet despite the market hype and operational value, 72% of executives purposely exercise restraint with generative AI investments. Only 27% in the?2024 Accenture Pulse ?survey said their organizations are ready to scale up generative AI, and 44% said it will take more than six months.?
It is about more than just embracing AI. To effectively deploy and scale AI that maximizes its potential benefits, we must reimagine business operations, and governance needs to be enhanced. Most leaders (89%) say they're actively implementing AI, but 72% worry that process shortcomings may hold back further success. That's according to a Celonis-commissioned survey . Over 80% of those surveyed said that processes are the lifeblood of their organization, and 99% consider it essential to optimize their processes to meet their business objectives.
The three keys to operationalizing AI include (1) reengineering processes, (2) implementing design authority, and (3) establishing a steering committee. Read on for details on the approach.
#1 Reengineering – AI Models Rely on Process Optimization for Deployment
Optimization is crucial in successfully deploying AI in an enterprise as it prepares the organization for the changes that AI will bring, ensuring that the transition is as smooth as possible and that the full benefits of AI can be realized. Bill Gates taught us, "The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency." AI is no different – applying it to a lousy process makes it worse.
Preparing an organization's processes to deploy AI successfully requires a strategic and systematic approach.?
By following these steps, an organization can optimize its processes to improve the successful deployment of AI. Remember, the goal is not just to implement AI but to improve efficiency and effectiveness and to provide value to the organization.
#2 Governance – A Well-Oiled Design Authority to Successfully Deploy AI
Design Authority eliminates the most significant inhibitors to deploying and scaling AI. Quality control is a vital part of any impactful project regardless of what is being delivered – whether this takes the shape of formal peer review or soliciting group feedback. The end goal is to ensure a high-quality output and, ultimately, value. In the case of any technology or creative project where something tangible is being produced, the most successful outcomes occur when design standards are in place, and quality and consistency are measured. In the world of AI, establishing standards and managing quality is the realm of responsibility of the design authority.
In the context of successfully deploying AI, a Design Authority plays a pivotal role. Although the specific duties can vary between organizations, some common principles and responsibilities contribute to the successful implementation of AI.
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In addition to these critical roles, depending on resource capacity, some organizations extend the responsibilities of the Design Authority to include application assessments and feasibility studies of new AI technologies. These additional duties further ensure the organization's successful deployment and effective use of AI.
#3 Structure – A Steering Committee Provides the Guardrails to Align Strategy and Opportunity
As AI can infiltrate every process of an organization, from customer service and manufacturing to finance and human resources, strategic thinking about AI is paramount. It requires a conscientious commitment to aligning business objectives with the complexities and concerns related to AI and identifying clear-cut goals for its use. With a central AI management function, consistent practices emerge that increase the risks of data theft, ethical shortfalls, and compliance missteps.?
An AI steering committee of executives and leaders from relevant departments sets the overall direction for AI initiatives and provides high-level oversight. It plays a significant role in successfully deploying and scaling an AI program in an enterprise.
Here's how:
In summary, a steering committee can provide the leadership, governance, and support necessary to successfully deploy and scale an AI program in an enterprise.
Start Now, Think Big, Go Fast
The market excitement and business opportunity of AI have forced more and more companies to revisit their strategy and make deeper investments in technology. The speed at which technical capabilities increase and ongoing economic disruptions require action and strong partners. Companies that embrace AI solutions will do business faster, better, and cheaper — but at greater risk. To better understand how AI technology can be safely deployed and scaled, let's talk .
Visionary Founder, Accomplished Entrepreneur, and Investor.
6 个月Awesome insight, Jon! Scaling modern business is getting a makeover and AI is the large catalyst behind it. But you are right. Many businesses are hungry to change but they simply aren’t well equipped at this point. It starts with a better understanding of the new landscape. Know the waters a bit before jumping in!
IT - Muller, Inc.
6 个月Jon, great information about the AI space - keep it coming!
The Margin Ninja for Healthcare Practices | Driving Top-Line Growth & Bottom-Line Savings Without Major Overhauls or Disruptions | Partner at Margin Ninja | DM Me for Your Free Assessment(s)
6 个月Exciting times ahead. Focus on operational best practices for effective AI deployment. #AutomateSmarter Jon Knisley
Building | Entrepreneur in residence @Entourage | Open for co-founders
6 个月Mathias Fransen