What is the first step in the AI Transformation Playbook for helping your company become good at AI?

Homework Help: Questions and Answers: What is the first step in the AI Transformation Playbook for helping your company become good at AI?

What is the first step in the AI Transformation Playbook for helping your company become good at AI?

a) Build an in-house AI team
b) Execute pilot projects to gain momentum
c) Provide broad AI training
d) Develop an AI strategy

Answer:

To solve this question, we need to identify the logical order of steps that a company should take to become proficient at AI. Here’s a step-by-step breakdown of each option:

Given Options: Step by Step Answering

a) Build an in-house AI team

  • Establishing a dedicated AI team is important, but it usually comes after understanding the company’s needs and strategy for AI. Without a strategy, the team may not be aligned with the company’s goals.

b) Execute pilot projects to gain momentum

  • Pilot projects are useful for gaining practical experience and demonstrating the value of AI, but they are typically done after developing a strategy.

c) Provide broad AI training

  • Training is crucial for building AI literacy within the company, but like other steps, it should be guided by a clear AI strategy to ensure that the training aligns with company goals.

d) Develop an AI strategy

  • This involves assessing the company’s needs, goals, and how AI can be applied effectively. A strategy provides a roadmap for how to approach AI, making it the logical first step in the transformation process.

Final Answer:

Based on the above analysis, the first step in the AI Transformation Playbook is to:

d) Develop an AI strategy.

This would be the logical first step before proceeding with other actions like building teams, running pilots, or conducting training.

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