Applied Artificial Intelligence: An Introduction For Business Leaders

by Mariya Yao

Most AI implementations are cross-functional and require input from multiple departments. A retooling of your accounts payable system will need inputs from finance, legal, security, and technology. A project may also pull in human resources, if employees need to be reassigned, and operations, if processes require adjustments. To succeed, you will need support from other executives, their front-line managers, and their staff. Here are some things that you can do to win support from your organization. Focus on Revenue Potential A key strategy is to appeal to your business leaders about the potential of increasing the bottom line. AI can save time and energy, reduce costs, and increase profits, which then provide executives an opportunity to grow their business lines and advance their careers. Stay Ahead of the Competition The fear of missing out (FOMO) is also a very strong motivating force. If business unit leaders fail to take action, emphasize that they are setting themselves up to fall behind competitors who are jumping on new technology. Not investing in the organizational and technical requirements to adopt AI may mean falling so far behind that you’re unable to compete in the future. Start Small and Show Early Wins Pick a smaller, sure-win project to demonstrate possibilities. While returns may be limited, an early success will give you confidence when you request that the project scope be expanded. Aim for something with a short time horizon that can be completed wit...

How to get buy in on AI stratgies from stakeholders and maintain focus on it as a "must-do" implementation.