Is AI Your Strategy or Just Your Latest Distraction?
It seems like every company wants to become AI-first these days. But I'm wondering how many CEOs have really thought through what that means.
I was recently preparing for a new client's strategy session when I saw that becoming an AI-first company was one of their big priorities. Great ambition. But I had to wonder, what business problem were they trying to solve? And as I dug deeper, I realized they didn't have anyone internally with the expertise to lead it.
Here's what concerns me. Companies are spending a LOT of money on AI without knowing what problem they're solving, what return they expect, or who's accountable for making it work.
Before you invest another dollar in AI, ask yourself three questions:
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- What's the biggest constraint holding our business back?
- Can AI actually help us solve it, and what's the expected ROI?
- Who's responsible for making it happen?
I'm a huge believer in AI, but technology doesn't fix bad strategy, broken processes, or poor execution. Don't make AI the goal. Make building a better business the goal.
This is why Execute with Discipline is one of the six capabilities in my Freedom Goal System®.You can have the greatest strategy in the world, but without the right people, clear ownership, and the ability to execute, it's just an idea.
Here's to building a better business and reaching your Freedom Goal,
Jen & The Freedom Goal Group
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