Artificially intelligent business: 3 steps towards future

Action is faster than reaction, NAVY SEALs say. So, are you taking action on AI — or just reacting? Today, artificial intelligence (#AI) isn’t just a buzzword anymore. It becomes — oh NO, it already became! — the driving force behind the businesses that will dominate tomorrow.

Hence here’s the real question: Is your business truly (artificially) intelligent — ? Let’s break this down with some hard facts and actionable insights.

AI Revolution by the (contradicting) numbers:

⚠️ 91.5% of leading businesses are investing in AI on an ongoing basis…

⚠️ … but 85% of AI projects fail to deliver their intended value.

⚠️ 70% of business executives say they are investing in AI…

⚠️… but only 15% of them are using it to drive business decisions consistently.

Ain’t that schizophrenic? 🌪️

That’s a staggering gap between intent and action.

Why? Because too many businesses focus on AI as a shiny new tool rather than integrating it into their daily routines.

By 2030, AI is expected to contribute a whopping $15.7 trillion (!) to the global economy. But if your AI initiatives are just window shopping, those many are not for you — sorry.

So, here are the “Top 3 Tips” to make your business truly intelligent. Artificially intelligent :)

1 | Start with the problem, not the tech

Too many companies begin the AI journey by shopping for the tech without a clear understanding of the problem they’re trying to solve.

Before you even think about AI, ask yourself: “Damn, what’s the business challenge I need to address?” Because AI should be a a tool for that. Not the destination itself.

2 | Invest in people too

AI isn’t about replacing human intelligence. It’s about augmenting it. People still operate the tools, right? Yet, many businesses neglect the people side of the equation.

Reassess your internal processes and management style. Yes, it’s a cultural and operational change too!

3 | Measure, oh yes — measure

The successful AI initiatives are those that are continuously monitored and refined.

Don’t just implement and hope for a miracle to happen. Set KPI’s for your AI initiatives — now. And regularly assess whether AI is meeting the objectives. And be prepared to act if it’s not delivering the value you expected.

In the AI race, don’t forget that artificial intelligence should be a TOOL to enhance your business intelligence.

AI is not 100% substitute for a human brain — rather see it as an extension. So, you and your teams will still need to use YOUR brains to make it work for you. And as always: focus on problems you want to address in the first place.

Then — and only then — your business becomes truly — and not just artificially — intelligent 🧠