Need To Get GenAI Ready? Here’s Our Guide to GenAI Strategy Essentials

Generative AI (GenAI) is dramatically altering workplaces the world over and putting CIOs and their teams in the transformation leadership zone. But GenAI is not a plug-and-play tech solution – it’s much, much more than that – a whole new way of working. While it involves the usual planning, testing, integration and deployment, successful adoption requires an organisation-wide understanding of how GenAI works, what it can do, and how to use it to get the best from it. In other words, organizations need an entire strategy to govern a successful roll-out of GenAI and reap its myriad benefits.

The All-In Approach:

Defining a GenAI strategy demands the close collaboration of senior leaders across all business functions who together can identify the business goals to be met and how Gen AI can help meet them.

Key considerations will include:

Getting Real on Business Outcomes:

So, everyone wants the workforce to work smarter – but how and at what cost? The organisation’s leadership must identify where GenAI can deliver the most valuable impact. Everything should be considered, from productivity gains to likely cost-efficiencies.

The All-Important Security & Data Privacy:

It’s important to define just who will have access to mission-critical and sensitive data, and where it is stored. This will require refinement of an organization’s data management strategy, access policies, data governance structures, privacy controls and the general data life cycle. 

Impact Measurement:

The old adage: “you can’t manage what you can’t measure” applies. You will want to measure how GenAI impacts work quality, quantity and speed of delivery but should also factor in how it affects employee morale, recruitment and retention.  

Implementation Hurdles:

Change of this magnitude will inevitably come with challenges – both in terms of workplace cultural and operations. Leaders will need to factor in the training and skills needed to successfully implement GenAI as well as the infrastructure needed.

Looking For Support?

Departmental-wide alignment across senior leadership will enable a strategy to govern GenAI implementation. Of course, each business will have its own goals and likely improvement areas. Help may be needed to identify the infrastructure and support needed to secure successful implementation. Cobweb can assist with this. We have specialised AI experts and consultants who can help you identify your areas of improvement and implementation needs. You can reach out to them com on +971-4-427-2420 or www.cobweb.ae.