AI READINESS

Preparing Your Business for AI Adoption

The year 2024 has been monumental for AI. A growing number of organizations are integrating AI into their business workflows, and with a whopping 75% of knowledge workers using AI at work today, the benefits are getting attention. Unfortunately, many organizations don’t have the visibility needed to prevent sensitive data from going to unsanctioned places. Some organizations are reacting out of fear, with approximately 48 percent blocking AI entirely. Even if your organization hasn’t yet adopted or deployed AI at the enterprise level, your employees are actively bringing their own AI tools to work today.

PHASE 1

AI Risk Assessment

AI Unified Framework

AI introduces several security vulnerabilities, such as leakage and compliance risks. Ignoring the assessment of AI risk may lead to unexpected reversals in operations, along with huge losses in terms of money or data. That is why it is crucial to have an AI Framework and security roadmap before moving ahead with any implementation. This can be done in parallel with Innovation. We recommend starting with a cybersecurity assessment along with a 4-week innovation sprint.

Building an AI-Ready Culture

McKinsey has produced a report for 2024 revealing that 78% of employees are deploying AI applications intelligently to improve performance despite no official culture supporting it. Organisations that return to structured Artificial Intelligence training and development increase tool use by 63% translating to a 42% increase in productivity. AI parity entails practising acts of skill in maintaining conducive conditions for AI whereby 67% of the firms attributed improved cross-functional collaboration as one of the impacts of AI.

Businesses that go through a systematic approach in AI application gain 35% improvement in implementation and 40% fewer problems in compliance. AI preparedness investments in the early stages contribute to operation cost savings of up to 20% along with business responsiveness of up to 25% more, thus leading to a sustainable competitive advantage.