Different types of strategies

Artificial Intelligence (AI) Strategy

Vidhi Chugh

AI strategist and ethicist

AI - a business priority

 

  • Unprecedented digital connection

Digital connection through various media

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Artificial Intelligence (AI) Strategy

AI - a business priority

 

  • Well-crafted strategy for full potential

Growth with a well crafted strategy

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Artificial Intelligence (AI) Strategy

AI and its applications

  • Customer insights

 

Enhancing customer insights

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Artificial Intelligence (AI) Strategy

AI and its applications

  • Customer insights
  • Starbucks' "Deep Brew" project

Personalized customer experiences

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Artificial Intelligence (AI) Strategy

AI and its applications

  • Customer insights
  • Starbucks' "Deep Brew" project

Inventory optimization

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Artificial Intelligence (AI) Strategy

AI and its applications

  • Customer insights
  • Increasing efficiency

 

  • GE using AI for predictive maintenance

Predictive maintenance

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Artificial Intelligence (AI) Strategy

AI and its applications

  • Customer insights
  • Increasing efficiency

 

  • GE using AI for predictive maintenance
    • Downtime reduction

Downtime reduction

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Artificial Intelligence (AI) Strategy

AI and its applications

  • Customer insights
  • Increasing efficiency
  • New revenue streams

 

 

  • Alibaba using AI

Smart city

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Artificial Intelligence (AI) Strategy

Strategy vs. plan

Strategy

  • Decision-making
  • Variables
    • Customer preferences, regulations and new technology

Preferences, regulations and technology

Plan

  • Set of activities
    • Customer engagement
    • New Products

Plan to reach towards a goal

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Artificial Intelligence (AI) Strategy

Strategy pyramid

Strategy pyramid

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Artificial Intelligence (AI) Strategy

Business strategy - software example

All the decisions taken, and actions undertaken by a business for achieving the larger vision.

Industry and market dynamics

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Artificial Intelligence (AI) Strategy

Business strategy - software example

End user

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Artificial Intelligence (AI) Strategy

Business strategy - software example

Pain points

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Artificial Intelligence (AI) Strategy

Business strategy - software example

Success metrics

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Artificial Intelligence (AI) Strategy

Business strategy - software example

Seeking opportunity

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Artificial Intelligence (AI) Strategy

Business strategy - software example

Return on investment

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Artificial Intelligence (AI) Strategy

Data strategy

Collection

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Artificial Intelligence (AI) Strategy

Data strategy

Data storage

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Artificial Intelligence (AI) Strategy

Data strategy

Data sharing

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Artificial Intelligence (AI) Strategy

Data strategy

Data usage

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Artificial Intelligence (AI) Strategy

Data issues

Data quality

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Artificial Intelligence (AI) Strategy

Data issues

Data privacy

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Artificial Intelligence (AI) Strategy

Data issues

Data security

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Artificial Intelligence (AI) Strategy

Data issues

Data integration

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Artificial Intelligence (AI) Strategy

Data alignment

  • Continuous adjustments and iterations = effective data strategy

Adjustments and iterations

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Artificial Intelligence (AI) Strategy

Time for AI strategy?

  • Robust business strategy

Robust business strategy

  • Augment decision-making
  • Mature data pipelines

Mature data pipelines

  • Not a strict prerequisite
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Artificial Intelligence (AI) Strategy

AI sparks innovation!

Innovation

  • Innovation = new opportunities

 

  • Evolving industry landscape

 

  • Technological advancements

 

  • No pre-existing data
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Artificial Intelligence (AI) Strategy

The trifacta

Concurrency of strategies

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Artificial Intelligence (AI) Strategy

AI strategy

Why AI?

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Artificial Intelligence (AI) Strategy

AI strategy

Value proposition

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Artificial Intelligence (AI) Strategy

AI strategy

Success criteria

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Artificial Intelligence (AI) Strategy

AI strategy

AI component alignment

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Artificial Intelligence (AI) Strategy

Let's practice!

Artificial Intelligence (AI) Strategy

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