The influence of Artificial Intelligence is increasing day by day. Companies have started to think and incorporate artificial intelligence in business operations. AI has started to dominate social media, online retail business, and even the Government body like NHA India.
The benefits of AI are high in number, and it is the time that C-suite, preferably CEO to have an eye. Though the benefits, uses of artificial intelligence are higher, most of the companies are left behind certain questions such as how to implement AI, when to implement AI, and what to do with this. The buzz around artificial intelligence is increasing day by day, which increases confidence in C-Suite across the globe. AI incorporated success stories of companies that are buzzing around the internet and causes other enterprises to implement the technology.
There are companies that have implemented AI and resulted in a very effective way. Therefore, in order to support C-Suite to gain benefits from artificial intelligence (AI), Harvard Business Review has come up with pointers that would benefit all the enterprises irrespective of their size, in order to make AI success in their workplace. The pointers include:
- Evaluate the success of AI before implementing
- It is not necessary that the AI transformation would succeed without the help of the decision-making team
- The companies who have succeeded with AI transformation did not rely completely upon AI, they trusted other technologies also. Therefore, trust in other technologies and avoid putting the software people in charge of AI implementation.
- Machine Learning is powerful, but then understand the needs and requirements of the company before the selection of any technology.
- Expand the digital capabilities before the implementation of technology
- Understand and accept the change is supervising or overseeing the AI transformation in the first place
The adoption of artificial intelligence (AI) is to deliver expected output and results, which in turn causes the business to grow. Artificial Intelligence (AI) adoption will be different in different industries based upon the needs and requirements.
C-Suite must not make any mistake in adopting the technology. Faster the action would help the industry to remain competitive in the market.
