Don’t Play Matador with AI & Your Business
Artificial Intelligence (AI) is a Charging bull; don’t get caught in the stampede. There is a race to discover how AI will optimize businesses, and you do not want to sit on the sidelines on this one!
Here’s the first thing you should do to prepare yourself for the charge: Spend at least an hour per day researching AI for your vertical for two weeks. You’ll be surprised by how many practical AI applications there are!
The next thing you can do is start testing your hypotheses and getting actual data on the results. There is a good chance that communication with your customers among other things can be improved, so use the test data to do so!
Lastly, use AI to analyze every aspect of your business you can quantify. We have a saying here at Vavoza, “What gets measured gets mastered!”
Pro Tips:
- Engage with your top customers in a straightforward and transparent manner. Ask them to participate in surveys around the ideas you have to leverage AI and take in their feedback for review.
- Create a roadmap for implementing AI in each department possible in your business over the next 90 days. Each department head should have an idea of how this powerful tool can be used to save time and impact your customers’ experience.
- Once you’ve received feedback from surveys and the roadmap is established, create a budget for implementation. Set goals and KPIs that can be monitored over the course of 3 months to ensure successful implementation.
The bottom line is this: AI has the potential to revolutionize your company in ways unknown. But don’t play matador with your business! – The bull
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