Overview
AI transformation using SWOT-driven, reality-based action planning
Nearly 90% of digital transformation projects are considered failures by senior leadership. Many of those projects are focused on AI implementation. There is no template for how to correctly implement AI, it is dependent on the industry, competitors, an organization’s technology base, and the organization’s culture.
The SWOT (strengths, weaknesses, opportunities, threats) is an excellent tool for understanding the landscape in which an organization operates. Applying SWOT to an AI implementation provides insight for planning the initiative. A company needs to build on its strengths and isolate the weaknesses to reduce their impact. The company needs to leverage the opportunities, which may be fleeting, and mitigate the threats, which are also changing.
The SWOT enables an organization to create an action plan that is grounded in reality and biased towards success. This program focuses on the SWOT elements that are common in AI implementation initiatives.
Areas Covered
Introduction
• Overview of SWOT analysis and risk management in the context of AI
AI Strengths
• Proprietary knowledge and intellectual assets
• Data quality, availability, and scale
• Technology and infrastructure readiness
• Organizational alignment and leadership support
• Availability of technical talent
AI Weaknesses
• Business process maturity and integration gaps
• Data silos and data quality issues
• Legacy system and technology constraints
• Organizational resistance to change
• Skills and talent gaps
AI Opportunities
• Enhancing customer experience
• Driving operational excellence and efficiency
• Improving supply chain resilience and availability
• Scaling AI-enabled capabilities across the organization
AI Threats
• Competitive AI initiatives
• Model bias and hallucinations
• Rapid technology obsolescence
• Regulatory and compliance risks
• Cybersecurity and data privacy threats
Action Planning
• Building on organizational strengths
• Addressing and reducing weaknesses
• Capitalizing on high-impact opportunities
• Mitigating risks and threats