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3 Top Ways To Ensure AI Pays for Itself

3 Top Ways To Ensure AI Pays for Itself

Time to Read: 75 Seconds

Naked Leader Week 1107 – Monday 20 January 2025

3 Top Ways To Ensure AI Pays for Itself

I will always remember what the CEO of Allianz once told me:

“David – I don’t really care what the technology is, I care what it does, and delivers”

And then along comes super cool, must have, blank cheque AI – the answer to everything, rather than a straightforward tool for tangible benefits in the real world.

Based on input from Naked Leader Business Partners who are achieving successful outcomes from AI, these are our top 3 essentials:

  1. Define the specific business issue/problem you need to solve – that you believe AI will help you deliver, with exactly the same ROI calculation approach you would use for any other investments.

AI extra:  What realistic risk/likelihood of success would you apply to this project and how would you mitigate this risk

2. Pilot first – start small within a controlled change scope using real people, real processes and real data; and do a cost/benefit review of this. Will it scale?

AI extra:  Since you phase large change projects [don’t you?] why would you not do the same for an AI-enabled project, so that you can learn and benefit from each phase?

3. Treat AI as any other technology – to paraphrase my CEO from many years ago – “What’s The Outcome?”

AI extra:  Since adoption of AI is like any other technology, what support have you built into the project to help your people change how they work?

With additional thanks to the brilliant Andrew Marks – The Technology Value Guy

And my love and best wishes to you all

David

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For a confidential estimate on how much your current AI investment will make and save you email rosalindhoward@nakedleader.com

To identify the top 10% of projects/activities that bring in 90% of your value

How to Access The Very Best Value For Money Document Ever https://youtu.be/do2khSJOWss

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