Applied Artificial Intelligence: An Introduction For Business Leaders

by Mariya Yao

8. Plan Your Implementation Once you have assessed that your organization has the requisite culture, leadership, and talent to succeed in AI initiatives, the next step is to identify business opportunities with the highest return on investment (ROI). Rank Business Goals Prior to beginning any technology investment, you and your executive team must be clear on the problems you want to tackle, the reasons why solving these problems is a priority for your organization, and the metrics for success. You should have clear strategic goals at either the company- or department-level. Common goals include increasing revenue, cutting costs, and entering new business lines. Artificial intelligence can advance many of these goals, but implementation difficulty and impact will vary. In the following sections, we give you several frameworks for evaluating current enterprise workflows and technologies, performing opportunity analysis, and clarifying your organizational goals and metrics.