The strategic ring that binds us
Frequently, companies hurriedly adopt new technology, enticed by its novelty, but devoid of a comprehensive grasp of strategic business objectives or the data required to achieve those objectives. This technological magic bullet approach often yields suboptimal ROI, creating business silos and escalating risks due to a lack of a cohesive, long-term strategy that interlaces business goals with data and infrastructure planning.
Going forward, business, data, and infrastructure initiatives must be vetted against five pillars: strategy, data, people, project, and technology.
Board members and executives must embrace this holistic strategic imperative to sow the seeds of an ethical, quality, and trusted AI journey. To do this, organizations must understand that business, data, and infrastructure strategies are parts of a holistic system, analogous to the human body, where each strategy plays a pivotal role:
- Business strategy...