5 Actionable Ways to Leverage AI for Immediate Business Impact

As a seasoned professional in business technology, I’ve seen first hand how artificial intelligence (AI) can revolutionise various business processes. Today, I’m sharing five practical insights that you can implement right away to boost your business efficiency and competitiveness.

1. Supercharge Your Performance Reviews with AI

I recently conducted an experiment where I created over 100 email chains simulating typical consultancy communications. Using AI, I could summarise these consultants’ performance based on three key factors in just 30 seconds.

This demonstrates how you can use AI to:

• Quickly assess employee or contractor performance.
• Identify patterns in communication and work quality.
• Save countless hours on performance reviews.

2. Anticipate and Prepare for AI-Driven Market Shifts

While AI promises increased productivity, preparing for potential market disruptions is crucial.

Consider these steps:

• Analyse your industry for AI-vulnerable areas.
• Develop strategies to adapt to AI-driven changes.
• Look for new opportunities AI creates, such as new product categories or service offerings.

3. Revolutionise Your Content Creation Process

AI’s ability to generate first drafts is a game-changer. Here’s how to capitalise on this:

• Use AI to create initial drafts of reports, proposals, or marketing content.
• Leverage AI-generated content as a starting point for human refinement.
• Explore AI tools for tasks like bid writing to gain a competitive edge.

4. Enhance Accuracy Through Layered AI Prompts

I’ve discovered that layering prompts significantly improves AI accuracy. Here’s how you can apply this:

• Ask the AI to check its own work for errors.
• Request validation of output consistency.
• Use this ‘Swiss cheese model’ approach to fine-tune AI performance in your business processes.

5. Embrace AI Across Your Business Operations

To stay ahead in the AI-driven landscape:

• Identify processes in your business that could benefit from AI automation.
• Invest in AI training for your team.
• Regularly reassess your AI strategy to ensure you’re maximising its potential.

Remember, as I often say, “The future is here, value is not guaranteed.” It’s crucial to adapt and leverage AI effectively across all operations.

For a deeper dive into leveraging AI, particularly in the bidding process, download my white paper, “Using AI: A Guide for Bid Writers”. This comprehensive resource offers actionable knowledge to improve outcomes across the entire bidding cycle.

Download the white paper today and start implementing these actionable insights immediately.