AI is impacting everything and everywhere in the world. AI and automation trends are undoubtedly becoming a game changer for companies across all industries as they are currently disrupting the business operating models that enable companies to stay competitive in today’s fast changing technology landscape.
The implementation of AI capabilities and automation is disrupting industries and businesses’ operating models, bringing benefits such as increased effectiveness, new products and diminishing repetitive tasks. However, artificial intelligence (AI), like any other technology may also introduce new risks such as operational or security risks.
The Architect of Business’ adopts various phased approach to its AI transformation. The foundation is to build on AI-driven operating models, including investment in AI advanced technologies, centralised data platforms and partnerships with AI technology partner to drive AI innovation.
The Architect of Business’ approach to AI transformation strategy is grounded in five solid pillars:
- Design a new and disruptive AI service proposition
- Build AI-driven operating models for growth
- Mitigating data risk management, operational risk and security risks
- Establish ethical AI use guidelines that adhere to regulatory compliance.
- Ensure AI data readiness for the AI integration/transformation
The AI TOM framework is necessarily emerging as a pivotal force in helping organizations to successfully implement AI Transformation, innovation adoption, risk mitigation and scaling artificial intelligence.
Why The AI TOM may be needed?
The new era of AI strongly indicates that all aspects of an organization’s operating models and organisational structures will be disrupted. Therefore, businesses must be ready to assess and embrace how much better or worse the AI strategies can make their organization’s operating models.
Organizations may need to adopt an AI-driven operating model that can allow them to keep AI strategies and capabilities aligned with the broader business goals, and to keep drive efficiency, innovation, and competitive advantage.
In the process of achieving success, businesses must fully be able to rely on a solid executive framework. The AI TOM can help them to ride the AI wave to their operating model’s future.