This is an excerpt from the Designed Analytics White Paper : An Honest Guide to Developing AI Roadmaps. You can down load the white paper from the link at the end of this article.

This initial “Why”, is the most important aspect. And the starting point of this is almost always your corporate strategy. Corporate strategy is generally not myopic. It typically addresses next 5-10 years (if it does not, it should) of the path the organization plans to take. And since corporate strategy directly translates into your AI strategy, as shown in Figure 2, your initial “Why”, that answers why you want to make the trip, should originate from this.

What is also critical to understand from Figure 2 is that there is a feedback loop. While technology strategy is definitely influenced by corporate strategy, it also influences corporate strategy. If it is currently not influencing your corporate strategy, then that is a Red flag in this digital era. The logic behind this is simple. Where you want to be in few years, can be differentiating only when propelled by the advances in technology. Unless you factored those advances in formulating your mid and long-term strategy, you can not possibly frame your journey accurately. 

Let us understand this with the help of an example. If you are a fashion retailer, your corporate strategy is heavily influenced by design and marketing. These two drive the core aspects, supported seamlessly by your supply chain. If you are formulating your corporate strategy today, you will have a vision of your marketing capability few years from now, that you wish to achieve. Generative AI is definitely going to transform marketing few years from now. And without incorporating that aspect, you cannot formulate a creative mid-term corporate strategy. This approach can be applied to any industry. The fact is, in today’s age, you cannot formulate a robust corporate strategy without an understanding of technology progress trajectory, and integrating that in strategy formulation. 

Download the White Paper here. For unknown reasons, the document preview does not work on my uploads on WordPress. If you can’t see the preview below, please scroll down for the “Download” button below to download the paper..