How to Succeed with AI Projects – Lead with Strategy

Daniel Faggella

Daniel Faggella is Head of Research at Emerj. Called upon by the United Nations, World Bank, INTERPOL, and leading enterprises, Daniel is a globally sought-after expert on the competitive strategy implications of AI for business and government leaders.

How to Succeed with AI Projects - Lead with Strategy

This article was a request from one of our Catalyst members. The Catalyst Advisory Program is a coaching program involving one-to-one advisory, weekly group Q-and-A with other Catalyst members, and a series of proprietary resources and frameworks based on insights from AI leaders at the world’s largest enterprises (AI adopters and buyers), and successful AI vendors and service providers. Learn more and apply emerj.com/catalyst.
Promises.
The wrong promises break trust and ruin business relationships. The wrong promises turn projects into failures.
“Wrong promises”, and subsequently “wrong expectations” are the cause of a huge amount of stress and wasted resources.
Promising short-term results (X cost reduction within X months, or X customer satisfaction improvement by X date) reinforces to stakeholders that AI is like IT. You plug it in, you set it up, and you're good to go. But that's a lie.
Of course, AI is not IT, and building executive AI fluency in your stakeholders is crucial. Lu...

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