Scaling GenAI isn't straightforward. We're seeing two distinct paths to scale that work well. 1. The path of optimization. Focus on efficiency to create self-funding momentum. Works well for mature, large scale businesses that need to avoid risk exposure to established revenue streams. 2. The path of disruption. Focus on market impact, start simple and then scale. Works well for scale-ups and challenger propositions that are unconstrained by existing approaches. Organisations can gain more traction by sharpening their focus to either or both of these pathways and then using this philosophy to prioritise consistently. Andreea Roberts Shveta Arora Read more here:
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Organizational Development Expert helping organizations envision and prepare for the Future of Work. taniatasopoulou.com
Yesterday, I wrote about ROTI and how GenAI enhances it for both individuals and organizations. Then later in the day, I came across a recent article from the World Economic Forum about how GenAI can boost a business's ROI. As the article suggests, measuring GenAI’s ROI at this point is not straight-forward, as it always happens with breakthrough discoveries. To get the full benefit, organisations need to reinvent their operating model and change human behaviour. Which is only feasible with a clear strategy and careful planning. I hope you will enjoy it! #GenAI #ROI #BusinessGrowth #Innovation #Productivity https://lnkd.in/dEKiu2Sd
It's time to focus on the ROI of GenAI. Here's how
weforum.org
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Appointing a Chief #AI Officer is ... (mistakenly) the first step for many organisations, as this powerful new technology looms on the horizon... Why might this move be wrong if an organisation truly pursues effectiveness, innovation, and seeks an edge over its competitors? The best way of deploying AI might be a platform architecture that hosts common services (not just software) and makes them available for teams to build on. Read Lee Bryant's breaking insights on our Shift*Academy newsletter: https://lnkd.in/dV4NzFRJ #innovation #leadership #digital
(Don't) Hail the Chief!
academy.shiftbase.info
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Nice article on how the mindset of enterprises are changing on GenAI, and how immediately investment is spreading to all sorts of GenAI tools & infrastructure scaling to support the use cases. https://lnkd.in/gTVry-Xe
16 Changes to the Way Enterprises Are Building and Buying Generative AI
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Generative AI (GenAI) holds immense potential for businesses, but scaling it effectively requires strategic leadership from the CIO. To successfully scale GenAI, CIOs must navigate a complex landscape of off-the-shelf solutions, custom models, and hybrid approaches. This requires a deep understanding of the business's unique needs and challenges, as well as a clear vision for how GenAI can drive value and innovation. One key factor in scaling GenAI is building a cross-functional team that can bridge the gap between technical expertise and business strategy. This team should include data scientists, engineers, and domain experts who can work together to identify high-impact use cases and develop tailored solutions. Another critical consideration is ensuring that GenAI initiatives are aligned with broader business goals and priorities to ensure that GenAI investments are delivering measurable results. Ultimately, scaling GenAI requires a strategic, business-focused approach that balances innovation with practicality. CIOs who can lead this charge and drive meaningful impact will position their organizations for success in the AI-driven future. 🔗 https://lnkd.in/dFgEsDwa #GenAI #CIO #Innovation #Technology #BusinessTransformation Antonio Vieira Santos Oliver Kleinhenz Ruediger Reitzig, Dr. Hervé Bastian Sachin Chawak Sachin Ghate Santosh Gupta Chintan Parikh Vamsi Avva
Scaling gen AI right takes a certain kind of CIO. Are you one of them?
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Head of Sales Tomoru Indonesia | Product & Business Development in Artificial Intelligence (AI) | SaaS Product | Acquisition | Retail & B2B Specialist |
🌟 The Critical Moment—AI Adoption in Business: Are You Leading or Just Following? 🌟 This past week, I’ve had 3-4 meetings with clients almost every day. A recurring theme has emerged: companies are struggling with rising operational costs, underperforming teams, delayed complaint handling, and painfully late responses to customer inquiries across the entire inbound funnel. With competition in 2024 fiercer than ever, these challenges are hitting nearly every business segment, creating a perfect storm of pressure and uncertainty. Every industry has its turning point, and for yours, that moment is now. The rise of AI isn’t just a buzzword—it’s a revolution. But here’s the question: Will your company be the one leading the charge, or will you be left in the dust, scrambling to keep up with the trailblazers? Let’s be real: Waiting for all your competitors to adopt AI before you do is like waiting until the last minute to jump on a trend that’s already peaked. By the time you decide to act, you’re no longer a leader; you’re just another follower, swept up by the market's momentum. Do you really want your business to be reactive, driven by the fear of being left behind, rather than proactive, shaping the future of your industry? Now, imagine the alternative—implementing AI solutions before your competitors even realize the potential. This is your chance to outsmart the market. AI can streamline your operations, eliminating redundant tasks that drain time and resources. Instead of a large, inefficient team bogged down by busy work, picture a small, elite squad of experts laser-focused on high-impact tasks. With AI, they’ll have the tools to outperform larger teams that are still stuck in the past, clinging to outdated methods. Think about the companies that resist change, clinging to conventional methods as if tradition alone can protect them from the inevitable shift. These are the companies that will be blindsided when the competition accelerates past them. They’ll be left wondering why their tried-and-true strategies are no longer enough, as their more agile competitors steal their market share. Your company doesn’t have to be one of them. The time to act is now! while your competitors are still sleeping on AI’s potential. Don’t just follow the market—shape it. AI isn’t the future; it’s the present. And those who realize this sooner rather than later will be the ones who dominate their industry tomorrow. The question is, where do you want to be in this new landscape? Leading the charge or playing catch-up? The choice is yours. If you're ready to transform your business into a more efficient & effective operation with Tomoru, let’s discuss, You can choose a time that works best for you : https://lnkd.in/gNJ2xeTx #AIForBusiness #BusinessInnovation #DigitalTransformation #FutureOfWork #EfficiencyMatters #BusinessStrategy #CompetitiveAdvantage #OperationalExcellence #DisruptiveInnovation #BusinessGrowth #Indonesia
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Exploring AI's Role in Small Business Growth --------------------- "Imagine a small business outsmarting big tech giants! 🚀" Generative AI isn't just a buzzword—it's a game changer for small businesses looking to punch above their weight class. By integrating this cutting-edge technology, small businesses can enhance marketing strategies and streamline operations, effectively leveling the playing field with their larger counterparts. But here's what really counts—embracing generative AI not only boosts efficiency, it also dramatically enhances customer engagement. This isn't about replacing the unique human touch small businesses are known for; it's about augmenting it. By automating routine tasks, business owners and their teams can focus more on personalized service, crafting unique customer experiences that drive loyalty and revenue. 🤖💡 So, how are small businesses balancing AI-driven efficiency with the indispensable human touch? The key lies in strategic integration, ensuring that technology supports, rather than replaces, the personal connections that define their brands. I've witnessed firsthand how a smart AI strategy can transform a modest startup into a formidable competitor. From simplifying data analytics to automating customer communications, the potential is immense. How about you? Have you considered integrating generative AI into your business? What's holding you back, or what successes can you share? Let’s continue pushing the boundaries together! #SmallBusinessGrowth #GenerativeAI #BusinessInnovation #TechForBusiness #Entrepreneurship #DigitalTransformation
Exploring AI's Role in Small Business Growth
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Principal Product Manager @ Seekr Technologies | AI/ML Product Lead | Ex WW (formerly Weight Watchers)
My latest blog post explores common challenges companies face with AI implementation. Seekr Technologies helps businesses optimize LLMs to improve customer interactions and reduce RAG costs. Whether you're a startup or an established enterprise, our approach to AI innovation offers new opportunities for redefining the value of generative AI in business. Like or share this post if you're excited about unlocking the power of generative AI for your industry! #EnterpriseAI #GenerativeAI #RAG
In startups and enterprises, growth is a relentless pursuit. Retrieval-Augmented Generation (RAG) is an advanced AI approach that helps businesses unlock real growth and scalability—streamlining operations, making data-informed decisions, and enhancing customer experiences in the most efficient way possible. Seekr’s approach focuses on optimizing performance while reducing the overall costs typically associated with RAG. Learn more about the benefits from our Principal Product Manager Phil Marshall: https://bit.ly/4bEVuzs #EnterpriseAI #GenerativeAI #RAG
Unlocking the Power of Generative AI: Optimizing RAG for Startups and Enterprises | Seekr
https://www.seekr.com
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I help B2B product leaders leverage UI/UX design to generate $ from data products. Host of 🎧 Experiencing Data pod & founder of the DPLC. Get free product + UX tips: subscribe to my ✉️ email list (see featured links).
“The reason that AI's so interesting is because what you effectively have now is software models that don't just execute a task, but they can learn from that execution process and change how they execute.” — Rob May (@pjcventure) 🎧 to #ExperiencingData:
037 - A VC Perspective on AI and Building New Businesses Using Machine Intelligence featuring Rob May of PJC
https://designingforanalytics.com
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I recently finished reading this after seeing multiple recommendations from people in my network and I highly recommend this as a critical thinking retrospective More than a handbook on what business owners should do / not do this provides an interesting perspective on how modern businesses are built today , what we can learn from history age what it would potentially take to run a sustainable startup today - delving into not just the success stories but also companies or groups that didn’t quite achieve what they set out to and what Thiel thinks could have been better Perhaps most interestingly the book has a tone which has you comparing the past with the present - a lot of business books read like a how to but what sets this apart is that it’s more of a thought exercise and had me thinking of how companies and industries in the current era which likely stand to get disputed from AI and its use cases could either crash or scale further
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𝐈𝐬 𝐲𝐨𝐮𝐫 𝐞𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞 𝐭𝐫𝐮𝐥𝐲 𝐫𝐞𝐚𝐝𝐲 𝐟𝐨𝐫 𝐞𝐱𝐩𝐨𝐧𝐞𝐧𝐭𝐢𝐚𝐥 𝐠𝐫𝐨𝐰𝐭𝐡? 🚀 Scaling isn’t just about growth; it’s about growing efficiently. Many organizations hit roadblocks because they aren’t equipped with the right mindset or infrastructure. Embracing technological advancements and modernizing your organizational structure are crucial steps toward scalable success. Without these, exponential growth remains out of reach. Are you ready to make the leap? Learn more about our approach on our website: https://lnkd.in/dYzs_mkB #DigitalTransformation #Scalability #AI #AndersonMacGyver
Growth by becoming a scalable, AI driven enterprise - Anderson MacGyver
https://www.andersonmacgyver.com
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Senior Director - Banking and Financial Services at Cognizant
4moThat's the clearest and most comprehensive expression of this that I've seen.