Matt Fornito’s Post

"Is #AI just a trend?" Some think so. There's a lot of talk about AI, but it’s important to recognize its potential to enhance #business success. ➜ 72% of businesses are increasing their investments in AI after seeing strong initial results. ➜ 63% have found benefits beyond improving efficiency, such as fostering #innovation. Jumping into AI without clear goals can lead to wasted resources. Developing a strategic AI business case can guide you through this process. It's not about accurately predicting costs or outcomes for the distant future—AI changes too quickly for that. It's more about imagining what AI could do specifically for your business. A solid AI business case: ➜ Spurs important discussions on the future role of AI in your business. ➜ Helps identify AI opportunities you might otherwise miss. ➜ Provides a structure to balance the risks, costs, and benefits of AI. ➜ Reduces skepticism by showing how AI fits into your business needs—your ‘why’ for AI. It’s meant to be flexible, updating as you learn more and as AI itself evolves. If you’re asking, "How can AI boost our success?" An AI business case can help answer that. Are you developing a clear narrative about AI in your organization?

𝐀𝐈: 𝐘𝐨𝐮𝐫 𝐍𝐞𝐰 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐏𝐚𝐫𝐭𝐧𝐞𝐫 Strategic thinking just got an upgrade. #Artificialintelligence (AI) is no longer science fiction; it's a powerful tool for businesses to outmaneuver the competition. Here's how:     •    Data Deluge: #AI can analyze vast amounts of data, uncovering hidden patterns and trends invisible to human eyes.This empowers you to make #datadriven decisions and anticipate future market shifts.     •    Goodbye, Bias: Human judgment can be clouded by unconscious bias. AI's objectivity helps remove bias from the equation, leading to more balanced and strategic thinking.     •    Scenario Planning on Steroids: AI can simulate various scenarios and predict their outcomes. This allows you to stress-test your strategies and identify potential roadblocks before they arise. The verdict? AI isn't here to replace strategic thinkers - it's here to supercharge them. How’s AI changing your work environment? Share your experience. —ThinkMatter

"Your success with AI will similarly depend on how effectively you lead your people to do the old and new with the help of powerful AI tools." Business is still a human endeavor. AI can be a boon for productivity, but leaders need to coach their people on how to use the tool to enhance prospect and customer interactions, not damage them. #AI #salestech #productivity

𝗪𝗵𝗮𝘁 𝗥𝗼𝗹𝗲 𝗖𝗮𝗻 𝗔𝗜 𝗣𝗹𝗮𝘆 𝗳𝗼𝗿 𝗬𝗼𝘂𝗿 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀? The implementation of AI in businesses is limitless, with countless possibilities for exploration. Some projects focus on specific areas to solve narrow challenges, while others take a comprehensive approach to AI integration. 𝗙𝗼𝗿 𝗲𝘅𝗮𝗺𝗽𝗹𝗲, 𝗔𝗜 𝗰𝗮𝗻: ✅ speed up decision-making processes ✅ improve efficiency and productivity ✅ make products smarter ✅ enhance customer retention ✅ proactively detect fraud and liabilities ✅ save time with automated processes ✅ enhance accuracy for financial and maintenance forecasts ✅ operate 24/7 ✅ establish a competitive edge ...and many more. These are just a few examples of how you can start making positive changes. If the explanation remains unclear, check the real-life examples in the comments section link for better understanding. I'd love to hear your thoughts on AI's influence in business. How are you implementing, or planning to implement, AI in your operations? 👇Drop a comment below ✅Like if you found this insightful 🔄Share to spread the knowledge #AI #Innovation #BusinessTransformation #Business #ProductStrategy #ProductDesign #Facilitation

🌟 Unlocking Efficiency: How AI Transforms Work 🚀 In today's fast-paced world, efficiency is the key to success. And what better ally than Artificial Intelligence (AI) to unlock that efficiency? From automating repetitive tasks to uncovering valuable insights buried in data, AI is revolutionizing the way we work. Gone are the days of manual data entry and mundane processes. With AI, routine tasks are handled swiftly and accurately, freeing up valuable time for innovation and strategic decision-making. Whether it's predictive analytics guiding business strategies or virtual assistants streamlining communication, AI empowers teams to focus on what truly matters. Moreover, AI doesn't just make work easier; it makes it smarter. By analyzing vast amounts of data in real-time, AI uncovers patterns and trends that human eyes might miss, enabling companies to make data-driven decisions with confidence. So, does AI help in making work easy? Absolutely. But it goes beyond that – AI transforms work, propelling businesses forward into a future of unparalleled efficiency and innovation. Embrace the power of AI, and unlock your team's full potential today! #AI #Efficiency #Innovation 🤖✨

Navigating AI Implementation: Why Defining Business Goals and Objectives is Imperative 🌟 What’s the first step in developing an effective AI strategy? Defining your business goals and objectives. A clear understanding of how AI integrates with border organizational goals and strategies guarantees that its implementation moves your business forward rather than creating challenges. Here’s why prioritizing adaptable, scalable AI systems is essential: 🔮 Future-proof your investment  ⚡️ Reduce downtime  🚀 Support continuous innovation Ensuring alignment allows you to seamlessly incorporate AI technologies that match with your organizational goals, for maximum impact. Check out the blog 👇 https://lnkd.in/efpxHxTb #ai #artificialintelligence #AIimplementation 

Most organizations get benefits from AI 🤖✨ They rush into AI without strategic focus 🚀 As a result, they produce some value, but fail to create competitive advantage 🏆 How to get it right? 🎯 Organizations need to ask themselves what will strengthen their areas of DIFFERENTIATION (typically found in the value proposition and service model) to ultimately increase competitive advantage. Those areas of differentiation are typically stemming from around 2-5% of the processes inside a business. Only when you apply AI there, will you truly create leverage and increase competitive advantage. Anything else may yield efficiency improvements (the cost part of a business model), but won't add to your growth nor differentiation. Here's the key: focus on what amplifies your UNIQUE strengths. Apply AI to the critical 2-5% of processes that truly differentiate you from the competition. This is where AI can magnify your edge and fuel growth 📈. Remember, the tech is the easy part. Selecting where to steer the AI ship—that's the game changer ⛵️. What do you think? Comment below 👇 #AI #Strategy #BusinessInnovation #CompetitiveEdge

Most organizations get benefits from AI 🤖✨ They rush into AI without strategic focus 🚀 As a result, they produce some value, but fail to create competitive advantage 🏆 How to get it right? 🎯 Organizations need to ask themselves what will strengthen their areas of DIFFERENTIATION (typically found in the value proposition and service model) to ultimately increase competitive advantage. Those areas of differentiation are typically stemming from around 2-5% of the processes inside a business. Only when you apply AI there, will you truly create leverage and increase competitive advantage. Anything else may yield efficiency improvements (the cost part of a business model), but won't add to your growth nor differentiation. Here's the key: focus on what amplifies your UNIQUE strengths. Apply AI to the critical 2-5% of processes that truly differentiate you from the competition. This is where AI can magnify your edge and fuel growth 📈. Remember, the tech is the easy part. Selecting where to steer the AI ship—that's the game changer ⛵️. What do you think? Comment below 👇 #AI #Strategy #BusinessInnovation #CompetitiveEdge

🔑 Unlock the Future: AI Strategies for Success As we approach 2025, the message is clear: Artificial Intelligence isn't just an advantage—it's a necessity for businesses aiming to thrive. Embracing AI can distinguish between stagnation and unprecedented growth. Imagine AI streamlining operations, enhancing customer experiences, and predicting market trends with laser precision. This isn't just theory—it's happening now. Companies leveraging AI are not only optimizing efficiency but also innovating their entire business models. AI tools can transform data into insights, automate mundane tasks, and free up human creativity. The key is strategic integration, tailored to your unique business needs. Are you ready to harness AI's power? Dive into strategies that can revolutionize your business landscape. Explore how AI can unlock new doors to growth and stay ahead of the curve. Join the conversation. How is your organization preparing for the AI revolution? Let us know in the comments! https://lnkd.in/epKhJ7YV

Imagine your team with AI handling routine tasks, analyzing data instantly, and developing more marketing strategies. At my company, we've seen how AI can elevate our operations, but it requires thoughtful input to be effective.⁣ ⁣ 𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝘀𝗼𝗺𝗲 𝘂𝘀𝗲𝗳𝘂𝗹 𝘁𝗶𝗽𝘀 𝘁𝗵𝗮𝘁 𝗰𝗮𝗻 𝘄𝗼𝗿𝗸 𝗳𝗼𝗿 𝘆𝗼𝘂𝗿 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀:⁣ ⁣ - 𝘓𝘦𝘷𝘦𝘳𝘢𝘨𝘦 𝘈𝘐 𝘌𝘧𝘧𝘦𝘤𝘵𝘪𝘷𝘦𝘭𝘺: Remind your team that AI is a tool that provides a base; their expertise is crucial to maximize its potential.⁣ ⁣ - 𝘌𝘯𝘤𝘰𝘶𝘳𝘢𝘨𝘦 𝘌𝘹𝑝𝘦𝘳𝘪𝘮𝘦𝘯𝘵𝘢𝘵𝘪𝘰𝘯: Foster a culture of research and exploration to drive innovation.⁣ ⁣ - 𝘐𝘯𝘵𝘦𝘨𝘳𝘢𝘵𝘦 𝘛𝘩𝘰𝘶𝘨𝘩𝘵𝘧𝘶𝘭𝘭𝘺: Use AI to complement human skills, not replace them.⁣ ⁣ AI is a powerful tool, but it needs quality inputs and creative thinking. Lead the way by fostering a culture of learning and innovation.⁣ ⁣ #AI #Productivity #BusinessTips