The Spend Sessions Podcast, Episode 3: How AI Can Drive Better Business Outcomes
In his new book AI Unleashed: Harness the Power of AI to Transform Your Business, Reddy Mallidi, formerly a senior executive at Intel, offers a transformative guide for business leaders, navigating the seismic shift AI brings to business and society. It offers a practical roadmap for harnessing AI's potential, going beyond technicalities to focus on strategic implementation, the art of possibility with AI, and creating exponential business value.
In conversation with Globality's Seth Catalli, Reddy's key callouts include:
- Why just one percent of companies have successfully adopted AI within their operating model.
- The steps that business leaders need to take to identify the right AI tools for their organizations and how to implement them across the enterprise.
- Practical examples of how companies can use AI to automate their financial processes, increasing productivity and reducing OPEX.
- How the organizations that will win in the future are the ones that will use AI to enhance human creativity by freeing employees from repetitive, low-value work and tasks.
AI drives cross-functional collaboration because when they embrace this technology organizations are working together instead of in silos. With AI, you cannot operate as a separate entity, you need functional experts from various business units including IT, Finance, HR and procurement to work together to drive improved business outcomes, with productivity increased by up to 70%.
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