Fast Company

These five strategies can help you generate faster returns on your AI investments

Many top business leaders are investing in AI and advanced technologies but are not seeing the anticipated returns, with only 25% of AI initiatives delivering expected ROI over the last few years. This is because organizations struggle to integrate new platforms without losing time and market share. Leaders often separate IT and people needs, delegating change management and detaching themselves from their people's experiences. This can result in employees sabotaging AI strategies, leading to tension and division within organizations. To harness the power of innovative tools, leaders must adjust their view of technology and recognize the influence of their people before, during, and after implementation processes. This will enable them to adopt people-first tech adoption approaches that drive meaningful returns by meeting people where they are, emphasizing the "why", considering systemic impact, fostering change agility, and staying focused on leading. Fundamentally, the AI era is rooted in people issues, necessitating human capital-oriented approaches. Leaders who internalize this can harness the power of novel technologies to drive transformational improvements and generate returns on AI investments.
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