With the increase of customer expectations and market demand for innovative products, services, and experiences, technology and business executives feel pressured to deliver results with Artificial Intelligence (AI) and Generative AI (GenAI). However, adoption of AI and GenAI is now happening everywhere in the enterprise, requiring leaders to move AI out of an ivory tower and toward developing a strategy that goes beyond an IT-oriented mindset.
To stay ahead, leaders need to create an environment that provides the capabilities and technologies that enable organizations to embed and extract value across the business value chain at the foundation, function, and enterprise layer:
- Foundation layer: Organizations must build their AI-first technology stack through a process of technology modernization, including infrastructure, data, models, and applications optimized for delivery of AI.
- Function layer: Organizations must infuse AI into value streams as well as key and supporting activities to optimize processes, improve outcomes, enhance end-to-end employee experiences, and boost productivity.
- Enterprise layer: Decision-makers must focus on developing more compelling, engaging, and innovative products and services, enhancing end-to-end customer experiences, and supporting enterprise-wide innovation and business unit strategy.