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The AI race is on

CEOs recognize AI as the new force multiplier. It has the potential to both reshape productivity and drive commercial effectiveness. But most CEOs don’t know where to start. How can AI drive material and sustained top- and bottom-line growth? What kind of ROI can be expected over what time period? What does an AI-empowered future look like? How do we avoid risks and pitfalls?

Practical AI for CEOs is intended as a guide to help you manage a broad array of competing stakeholder demands, as well as the development of your own understanding and capabilities.

Download our playbookFor a summary of the fundamentals of AI, take a look at our AI primer

CEOs say AI is their most important opportunity1, but

 

More than 80% of all AI projects fail2

Creating value through your AI initiatives requires alignment and focus across 3 critical areas

Strategy

Blueprint for Al-driven transformation

Focus on the right business problems to identify where AI should be applied

  1. Strategic alignment
    Align and shape business strategies with AI
  2. Stakeholder engagement and change management
    Secure stakeholder buy-in to drive change
  3. Use case selection
    Target high-impact use cases that will deliver measurable results and meet ROI goals

Execution

Tangible value creation

Effective execution turns strategic vision into measurable results

  1. Model building
    Build tailored, practical Al models
  2. Model deployment
    Deploy into ongoing operations and workflows to begin delivering results
  3. Continuous learning and improvement
    Refine models with new attributes and data, adapting to shifting patterns
  4. Performance and ROI tracking
    Track progress along key metrics to deliver ROI

Foundational pillars

Building blocks for Al excellence

Technical

  1. Data
    Secure and expand data assets—the lifeblood of AI initiatives
  2. Technology
    Build scalable AI infrastructure and forge strategic partnerships
  3. Operations
    Streamline for AI efficiency and performance

Organizational

  1. AI skills
    Hire, retain, and engage talent with AI
  2. Org structure
    Structure AI organization to drive strategic initiatives and foster collaboration
  3. Risk & compliance
    Embed an appropriate control environment to identify and manage risks, ensure compliance, and enable trustworthy innovation.

Meet the experts


12024 AlixPartners Disruption Index

2AlixPartners estimate