10-step AI enablement model
3 | Building an AI Strategy
ALIGNING AI INITIATIVES WITH BUSINESS GOALS, CAPABILITIES, AND LONG-TERM VISION
Once you've established that there is a clear business case for AI, you now need a strategy that ensures your AI initiatives deliver value and don’t just become disconnected tech/vanity projects.
Creating an AI strategy gives you an opportunity to consider:
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Your ambitions for AI change - are you looking for opportunities to develop new products, reach new customers, or drive productivity and efficiency?
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How you will govern AI initiatives and your use of new partners/suppliers
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Your appetite for risk - how much are you prepared to invest, and what appetite do you have for experimentation and failure
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Will you build or buy AI products - do you have the engineering skills to build and how will you govern which vendors you use?
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AI's impact on your customers - will AI improve experiences and interactions, or do we risk losing their trust?
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AI's impact on your culture and your people strategy - what new skills will we need and how will it impact on our cultural norms and ways of working
A sound AI Strategy sets the foundations for us to starting preparing for AI, by considering Governance & Compliance, our Tech & Data Readiness, and most importantly, our Business Readiness
To view the detailed step-by-step guide to Building an AI Strategy and get access to full library of FFF Knowledge Articles and templates please get in touch.
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