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AI’s Unfulfilled Promise For Business Leaders: The Gap Between Potential and Practice

As companies navigate the digital transformation, the move towards Generative AI and AI enablement is becoming increasingly prominent.  What began as grassroots adaptability has now escalated to a critical agenda item for top-level executives.  It’s not just about pioneering startups harnessing this groundbreaking technology; well-established corporations are also exploring how to adopt it on a grander scale to drive business innovation and operational efficiency. According to PwC, 73% of US companies have integrated AI into some aspects of their operations, with generative AI (GenAI) being a key focus.  However, the pressing question remains: Are they implementing it correctly? Developing an AI strategy for your company extends far beyond merely training employees to use tools like ChatGPT or creating a customer-facing chatbot. True AI enablement involves a deep understanding of AI capabilities and aligning them with specific business needs.  It’s about adopting a holistic approach that marries a Product Mindset with an Operations Mindset, enabling businesses to transform inefficiencies and bottlenecks into streamlined, AI-driven processes. This comprehensive strategy paves the way for AI-driven innovation operational efficiency, setting the stage for a transformative impact across all facets of the company. Contents How Companies Are Currently Tackling AI Enablement Whilst companies are earnestly […]