Tagged with: #executive-leadership

Even the most meticulously crafted AI business case can fail at the final hurdle - securing Board buy-in. With research showing 88% of AI pilots never reach production, effective presentation isn’t just about gaining initial approval but establishing the path to full implementation. This final article in my series explores how to present AI investment proposals to Boards, addressing their six key areas of concern while building the stakeholder confidence necessary for successful transformation. By understanding Board dynamics, anticipating objections, and structuring presentations that balance strategic vision with implementation rigour, you can navigate the critical journey from business case to production-scale AI.

In my article The Board in the machine, I argued that “Boards will find that there are no barriers to making the right decisions at the speed of light”. More recently, in AI is transforming governance: Six key Boardroom priorities, I observed that boards “are moving from overseeing hundreds of decisions made per day to millions made per second”. This acceleration of business decision velocity presents both an unprecedented challenge and opportunity for Directors and the Boards they serve.

While here in San Francisco for a business trip, I got the opportunity to spend time with technology innovators and leaders, and what struck me was the contrast in AI adoption approaches, and openness to transformation using AI compared to my experiences in Europe. A new benchmark report from Gallup has confirmed what many of us in technology leadership have long suspected: Europe’s lag in AI adoption isn’t a matter of insufficient capital – it’s a cultural challenge that runs deep.

I recently spoke with Duncan Jefferies about how businesses can effectively harness generative AI to drive organisational transformation. The resulting AWS executive’s guide to generative AI offers a comprehensive roadmap for business leaders navigating this transformative technology. Here are the key insights and practical steps for organisations looking to unlock the potential of generative AI.

In my article about not taking your foot off the gas, published just as the world returned to some degree of normality in July 2021, I discussed that the pandemic was the forcing function that challenged businesses to adapt and engage in broad organisational transformation using the cloud, and that it should not be seen as a reason to slow down.

For many Boards, the pandemic has catalysed broad business change by accelerating digital transformation initiatives. The availability of cloud computing has democratised access to technology, and businesses of all shapes and sizes have seized on this opportunity to: increase revenue, margin, and profit; enter new markets and launch new products and services; delight, excite and get closer to their customers; and become more operationally efficient, increasing productivity, cutting waste, and reducing costs.