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    How To Create and Maintain Business Value With AI

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    Yessi Setiawan
    The document outlines six key drivers that organizations must focus on to create and maintain business value from AI projects: generate early wins, implement use case qualification, track value creation, evaluate current AI maturity and communicate vision, choose specific use cases for each vision stage, and define initial efforts for talent hiring, retention, and upskilling. It also notes that while AI could add $13 trillion to the global economy, many organizations struggle to improve business outcomes and recommends focusing on operationalizing projects in parallel to infrastructure changes, experimenting in agile mode, and taking a platform approach to scale resources elastically.

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    How To Create and Maintain Business Value With AI

    Uploaded by

    Yessi Setiawan
    15 views1 page
    The document outlines six key drivers that organizations must focus on to create and maintain business value from AI projects: generate early wins, implement use case qualification, track value creation, evaluate current AI maturity and communicate vision, choose specific use cases for each vision stage, and define initial efforts for talent hiring, retention, and upskilling. It also notes that while AI could add $13 trillion to the global economy, many organizations struggle to improve business outcomes and recommends focusing on operationalizing projects in parallel to infrastructure changes, experimenting in agile mode, and taking a platform approach to scale resources elastically.

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    The document outlines six key drivers that organizations must focus on to create and maintain business value from AI projects: generate early wins, implement use case qualification, track value creation, evaluate current AI maturity and communicate vision, choose specific use cases for each vision stage, and define initial efforts for talent hiring, retention, and upskilling. It also notes that while AI could add $13 trillion to the global economy, many organizations struggle to improve business outcomes and recommends focusing on operationalizing projects in parallel to infrastructure changes, experimenting in agile mode, and taking a platform approach to scale resources elastically.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    15 views1 page

    How To Create and Maintain Business Value With AI

    Uploaded by

    Yessi Setiawan
    The document outlines six key drivers that organizations must focus on to create and maintain business value from AI projects: generate early wins, implement use case qualification, track value creation, evaluate current AI maturity and communicate vision, choose specific use cases for each vision stage, and define initial efforts for talent hiring, retention, and upskilling. It also notes that while AI could add $13 trillion to the global economy, many organizations struggle to improve business outcomes and recommends focusing on operationalizing projects in parallel to infrastructure changes, experimenting in agile mode, and taking a platform approach to scale resources elastically.

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    Value System

    How to Create and Generate early wins and build on them, such as creating Start operationalizing their AI projects in parallel to their
    use cases that will be game changers for the company. infrastructure transformation projects.
    Maintain Business Implement a use case qualification framework and appoint Experiment in agile mode, setting up formal and regular use
    an owner of use case qualification. case ideation and review sessions.
    Value With AI Track value creation as early and as often as possible and Take a platform mindset — one platform with multiple
    assign an owner of value tracking to coach and evangelize instances to scale resources up and down in an elastic,
    on the value of AI for the organization. responsible, and governed way.

    $ Vision Governance

    Harvard Business Review estimates that Evaluate their current AI maturity and communicate on it. Ensure their data is of high quality, usable, and secure.
    AI will add $13 trillion to the global
    economy over the next decade.1 Determine the organization’s short-, medium-, and long-term Aim to find a balance between auditability and permission
    visions for AI. management that doesn’t stagnate the organization’s efforts
    Despite this, organizations struggle to to accelerate their ability to use data at scale.
    Start choosing and mapping out specific use cases
    actually generate tangible business
    for each stage of the vision.
    value with AI, meaning their efforts have
    fallen short when it comes to improving
    business outcomes to make key Talent
    processes and functions better, faster, Data
    or more cost-effective. Define and lead the initial effort for talent hiring, retention,
    Leverage the data accessible to them. and upskilling.
    Provide wide self-access to data in order to foster Design the best experience for their existing cross-profile
    democratization. workforce.

    There are in fact 6 main drivers that an


    organization must deliver on to not only of data leaders attribute the “principal challenge to becoming
    create and maintain business value data-driven” to people, business processes, and culture, with
    associated with AI projects, but also to only 8% identifying technology limitations as the barrier.2
    evolve from one phase of AI maturity to
    the next.
    2https://c6abb8db-514c-4f5b-b5a1-fc710f1e464e.filesusr.com/ugd/e5361a_76709448ddc6490981f0cbea42d51508.pdf
    Read on for a non-exhaustive list of
    actionable solutions for each driver.
    1 https://hbr.org/2019/07/building-the-ai-powered-organization
    Continue reading to check out the full Business Value Guide for AI!

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