Generative Artificial Intelligence Strategy Approach

Artificial intelligence has been around since the 1950’s, yet even for skeptics, recent advances in Generative AI (GenAI) have significantly moved the needle forward. Due to massive early adoption, Goldman Sachs estimates that Generative AI could raise global GDP by 7% within 10 years [1]. However, while the focus has been on GenAI, it’s important to note that any GenAI strategy requires the right data and the ability to govern the data effectively with the GenAI tool. A strong GenAI strategy will include the following key components.

Utpal Mangla, Mathews ThomasUtpal Mangla, Mathews ThomasDecember 12, 2023Generative AI, GenAI, GenAI engine, AI regulation

Generative AI on Digital Transformation - Part II: The Who

Leading a digital transformation initiative requires collaboration and alignment between business and IT teams. Both business and IT leaders have crucial roles to play in ensuring the success of the initiative. Business leaders should provide strategic direction, define the goals and objectives of the digital transformation, and ensure that the initiative aligns with the overall business strategy. They have a deep understanding of the organization's operations, customer needs, and industry trends. Business leaders can identify areas where digital technology can drive value and competitive advantage, and they can champion the necessary organizational changes.

Setrag KhoshafianSetrag KhoshafianOctober 29, 2023Generative AI, digital transformation, competency centers

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