Insights

AI Strategy Transformation

Boon or bane?

Insights

AI Strategy Transformation

Boon or bane?

Overview

Scaling artificial intelligence can create a massive competitive advantage, but it’s not enough to invest in cutting-edge technologies and algorithms. You need to rewire decision-making and operations to extract value—and invest in human capabilities to make it stick.

When companies underinvest in people and processes, they quickly lose momentum with artificial intelligence. That’s because it’s deceptively easy to launch a series of successful AI @ scale pilots.

The pioneers of AI @ scale—the companies that have scaled AI across the business and achieved meaningful value from their investments—typically dedicate 10% of their AI investment to algorithms, 20% to technologies, and 70% to embedding AI into business processes and agile ways of working.

In other words, these organizations invest twice as much in people and processes as they do in technologies.

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Videos

December 14, 2022

Beyond Hierarchy: Interview with Kevin Nolan of GE Appliances

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