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Could we leverage Gen AI to do the grunt work and so we can fine-tune and accelerate our power to 'think'? "Given the technology’s potential to accelerate automation, senior leaders could counter employees’ prevailing fears of “replacement and loss” with messaging about gen AI’s potential for “augmentation and improvement”—and its ability to significantly enhance the employee experience. Imagine, for example, a world with fewer meetings and more time to think." #genAI #AI #bigdata #designthinking #corporatestrategy #designstrategy #HCI #

GenAI is here to stay - do it well and it is like rocket fuel. Here is what McKinsey have to say... https://dtp.im/ky97 "The companies that fail to act and adapt now will likely struggle to catch up in the future." "Despite all the buzz, most companies have yet to scratch the surface of gen AI’s promise." After nearly two years of debate, the verdict is in: generative AI (gen AI) is here to stay, and its business potential is massive. And I agree We are doing things for clients that need to be seen to be believed, and no, I do not share! Our rules are simple: 1️⃣ Address a #Business_Need 2️⃣ Understand the implications on the other parts of your business before you start anything 3️⃣ Iterate but deliver benefit in the early stages so you earn your keep as you go along. If you want a chat about how to get going, just tell me - DM or Comment below. Free & no obligation. Done well you will reap the rewards Else it will be very costly It is not about technology, its about implementation McKinsey & Company

Exciting Outcomes of AI Adoption in the Market! Did you know that businesses adopting Artificial Intelligence (AI) are experiencing incredible outcomes? Here are some mind-blowing statistics that will make you rethink your business strategies: ✅ 66% of companies have witnessed increased operational efficiency by integrating AI into their processes. Say goodbye to manual and time-consuming tasks! ✅ 57% have reported an improved customer experience through AI implementation. Personalized recommendations and seamless interactions are just a few benefits your customers will thank you for! ✅ 39% of companies have successfully developed new products and services using AI. It's time to unleash your creativity and tap into endless possibilities! ✅ 48% have seen a significant boost in employee productivity. By automating mundane tasks, your workforce can focus on what truly matters, driving growth and innovation! ✅ 35% have witnessed an improvement in market share. Stay ahead of your competitors by leveraging AI to gain valuable insights and make data-driven decisions! ✅ 49% have experienced accelerated innovation through AI. Embrace the future of technology and stay on the cutting edge of your industry! ✅ 12% have witnessed increased investor demand. Investors are recognizing the power of AI, and you can attract them by revolutionizing your business operations! ✅ 35% have reported improved strategic decision-making capabilities with AI. Make smarter and more accurate decisions that lead to business success! 💡 Want to know what outcomes your business could achieve by adopting AI? Reach out to thirty3 today! We specialise in helping businesses unlock their full potential through innovative AI solutions. 🌐 Source- Mckinsey's Global AI Survey and State of AI by Delloite #AIadoption #BusinessGrowth #Innovation #DataDrivenDecisions #UnlockYourPotential #Switzerland #Swissmarket

Gen AI's next inflection point While Gen AI has been in public view for two years and believed to stay with massive potential projections, available cost/benefit analysis evidence is few and far between. What is the cost to train, to deploy, and maintain this capability vs gains in competitiveness, productivity, revenue growth are quite unknown. The following article explains why Gen AI is at an inflection point with users enthusiastic yet organizations lack in use. The key points: 1. Users all optimistic about the technology and its impact. 2. Organizations need to move from user experimentation to strategic value capture. 3. Reimagine talent and skilling needs. 4. Reinforce the change. If you have any cost/benefit information, please share. #GenAI #DigitalTransformation #Change #Talent Melih Oztalay Jim de Vries Subroto Mukherjee Arnaldo Carrera Rami Blachman Dani Kaplan Ujjal Bhattacharjee https://lnkd.in/eTfAJNvq

CEO’s Guide to Maximizing Value Potential from AI in 2024! I. The time to act on AI is now 1. The maturity of AI brought us to an exciting moment, where Generative AI is complementing Predictive AI, and going well beyond the hype in delivering superior value for organizations  2. AI mature companies (~10%) are also the first to scale GenAI, further widening the gap vs. peers AI technology is also evolving rapidly, from mature value sources ready to scale at the present time to exciting innovations on the horizon  3. Companies are embarking on AI transformation journeys; setting ambitious targets both in top line and bottom line II. Strategic Plays 1. Deploy Utilizes off-the-shelf tools to boost workforce productivity by 10-15%, improve employee satisfaction, and generate excitement for broader AI change in the organization 2. Reshape Allows for re-imagination of functions through workflow re-engineering, to drive 30-50% improvements in efficiency, effectiveness across affected functions 3. Invent Leverages AI to expand revenue streams and "invent before getting disrupted" by introducing new offers, services, and experiences to the market III. Executing Successfully 1. To successfully deploy AI at scale and convert it into business impact, organizations need strong foundational capabilities (e.g., talent, technological infrastructure, etc.) and a 10-20-70 approach in terms of level of emphasis anchoring on algorithms (10%), tech & data (20%), and people & processes (70%) 2. Long-term competitive advantage will come from data, talent, and culture; the time to act is now, otherwise, organizations risk being left behind Check out the Executive Perspective by Boston Consulting Group (BCG) here: https://lnkd.in/dnU6cCfH #innovation #ai #genai #strategy #tech #talent

Mackenzie's spot-on! It's fantastic to see the industry finally recognizing the immense business value of generative AI. I've been a firm believer in its potential since last year when I piloted two use cases and posted the outcome on LinkedIn. The results were astounding! "https://lnkd.in/dxNKmt8F" Gen AI is a game-changer, capable of dramatically boosting efficiency, elevating customer experiences, and supercharging productivity. Let's keep the momentum going and explore how we can harness Gen AI to drive even greater innovation and success. #genai #artificialintelligence #business #innovation #productivity #customerexperience #efficiency #nextinflectionpoint #industrytrends"

🤔 “Is AI the Key to Unlocking Unprecedented Growth for Your Business?” 🚀 In a world driven by innovation, Artificial Intelligence (AI) 🧠 has emerged as an indispensable tool for businesses aiming to stay ahead. The evidence is undeniable: integrating AI isn’t merely about keeping up; it’s about leading the way. Here’s why embracing AI could be the game-changer your enterprise needs: • Operational Efficiency: McKinsey & Company reveals that 45% of current work activities can be automated 🤖 using existing technologies, including AI, potentially saving the global economy up to $2 trillion annually. 💰 • Data-Driven Decision Making: AI boosts decision-making, with 40% of business leaders reporting enhanced decision-making efficacy thanks to artificial intelligence. (Source: PwC) 📊 • Personalisation at Scale: AI allows for the mass personalisation of customer experiences. Businesses leveraging AI for personalisation have seen a 25% increase in customer satisfaction rates and a 35% surge in sales. (Source: Boston Consulting Group (BCG) ❤️📈 • Innovation and Product Development: An impressive 84% of executives believe that deploying AI enables them to secure or advance their competitive edge. (Source: Accenture 🔍 • Cost Reduction: Companies adopting AI solutions have witnessed cost reductions of up to 40% in specific operations, as per KPMG ✂️💸 AI is redefining the business landscape, catalysing significant improvements in efficiency, personalisation, innovation, and profitability. The pivotal question isn’t whether your business should adopt AI, but rather how and when. Investing in AI isn’t just a strategic move; it’s a necessity for growth and sustainability in the 21st century. Embrace AI and unlock your business’s full potential. 🔓🌐 #ArtificialIntelligence #BusinessInnovation #DigitalTransformation #FutureOfWork

🚀 𝟮𝟬𝟮𝟰: 𝗧𝗵𝗲 𝘆𝗲𝗮𝗿 𝗔𝗜 𝗮𝘁 𝘄𝗼𝗿𝗸 𝗴𝗼𝗲𝘀 𝗺𝗮𝗶𝗻𝘀𝘁𝗿𝗲𝗮𝗺. 𝗪𝗶𝘁𝗵 𝗴𝗲𝗻𝗲𝗿𝗮𝘁𝗶𝘃𝗲 𝗔𝗜 𝘂𝘀𝗮𝗴𝗲 𝗱𝗼𝘂𝗯𝗹𝗶𝗻𝗴, 𝟳𝟱% 𝗼𝗳 𝗴𝗹𝗼𝗯𝗮𝗹 𝗸𝗻𝗼𝘄𝗹𝗲𝗱𝗴𝗲 𝘄𝗼𝗿𝗸𝗲𝗿𝘀 𝗮𝗿𝗲 𝗼𝗻 𝗯𝗼𝗮𝗿𝗱. Despite AI's potential, many organizations lack a clear plan to leverage it for growth. The pressure for immediate ROI leaves leaders stagnant. 🌐 It's time for business transformation. Companies that embrace AI for growth, cost management, and customer value will surge ahead. 📈 The labor market is evolving, with AI proficiency rivaling experience. To combat AI inertia, Microsoft and LinkedIn offer actionable insights for navigating the changing workplace: https://lnkd.in/d9_a4Juf #AIatWork #FutureOfWork #WorkTrendIndex #msftadvocate

🚀 𝟮𝟬𝟮𝟰: 𝗧𝗵𝗲 𝘆𝗲𝗮𝗿 𝗔𝗜 𝗮𝘁 𝘄𝗼𝗿𝗸 𝗴𝗼𝗲𝘀 𝗺𝗮𝗶𝗻𝘀𝘁𝗿𝗲𝗮𝗺. 𝗪𝗶𝘁𝗵 𝗴𝗲𝗻𝗲𝗿𝗮𝘁𝗶𝘃𝗲 𝗔𝗜 𝘂𝘀𝗮𝗴𝗲 𝗱𝗼𝘂𝗯𝗹𝗶𝗻𝗴, 𝟳𝟱% 𝗼𝗳 𝗴𝗹𝗼𝗯𝗮𝗹 𝗸𝗻𝗼𝘄𝗹𝗲𝗱𝗴𝗲 𝘄𝗼𝗿𝗸𝗲𝗿𝘀 𝗮𝗿𝗲 𝗼𝗻 𝗯𝗼𝗮𝗿𝗱. Despite AI's potential, many organizations lack a clear plan to leverage it for growth. The pressure for immediate ROI leaves leaders stagnant. 🌐 It's time for business transformation. Companies that embrace AI for growth, cost management, and customer value will surge ahead. 📈 The labor market is evolving, with AI proficiency rivaling experience. To combat AI inertia, Microsoft and LinkedIn offer actionable insights for navigating the changing workplace: https://lnkd.in/d9_a4Juf #AIatWork #FutureOfWork #WorkTrendIndex #msftadvocate