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The AI strategy for decision-makers and managers

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AIROI - Artificial Intelligence Return on Invest: The AI strategy for decision-makers and managers

2 October 2024

How AI personas are revolutionising your management decisions

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The introduction of AI personas is fundamentally changing the way managers make decisions. Data-based, individualised profiles make complex situations more transparent and strategic decisions more precise. AI personas help managers to adopt different perspectives and organise their decisions in a more targeted manner.

AI personas as an integral part of modern decision-making

Today's management teams are confronted with a multitude of data sources and dynamic framework conditions. AI personas help to structure this information and transform it into actionable insights. For example, they can provide the management of a production company with precise conclusions about customer preferences, which greatly improves product development.

In the financial sector, AI personas support risk assessment by simulating different customer profiles and thus analysing potential investment decisions for possible effects. This takes the pressure off managers, who are otherwise often exposed to higher-risk decisions intuitively.

AI personas are also helpful in the area of HR management: they can map employee segments in detail and adapt working conditions to increase productivity and satisfaction. In this way, the technology helps managers to better understand and individually support their workforce.

How AI personas simplify complex issues

Complexity is often an obstacle to quick and well-founded decisions. AI personas filter relevant information and present scenarios that reflect different stakeholder perspectives. One example: In the automotive industry, AI personas can be used to segment customer needs according to sustainability, design or interest in technology and thus plan targeted marketing and development strategies.

AI personas can also help logistics companies to better assess supply chain risks by running through various future scenarios. This enables managers to react more effectively to unforeseen events.

Another use case is the healthcare sector. Here, AI personas help to simulate patient profiles with different treatment outcomes. This supports clinical managers in planning resources and selecting suitable procedures.

BEST PRACTICE with one customer (name hidden due to NDA contract)

BEST PRACTICE with one customer (name hidden due to NDA contract) The implementation of AI personas in an international retail company led to the management team gaining deeper insights into the purchasing behaviour of the various target groups. As a result, marketing campaigns were targeted more precisely and stock levels were planned more efficiently. The managers report significantly improved decision-making quality and faster reaction times in day-to-day business.

Success factors for the integration of AI personas

For AI personas to be fully effective, companies need clear goals and careful data preparation. A construction company, for example, must clearly define its needs when developing AI personas so that the profiles represent realistic customer segments - such as clients with a focus on sustainability or cost awareness.

The combination of technical infrastructure and human expertise is also crucial. In one software company, AI-generated personas have been shown to inspire the creativity of managers by revealing innovative user groups that were previously overlooked.

It is also important to continuously review and adapt the AI personas. One retail group introduced regular feedback loops with sales managers in order to constantly adapt the profiles to new market developments. This made it possible to react quickly to changes in customer needs.

The importance of iROI coaching when dealing with AI personas

AI personas offer many opportunities, but also present managers with challenges. iROI coaching accompanies companies on this path by providing strategies for optimal use and helping to synchronise internal processes with the new technologies. This ensures that the insights gained actually lead to better decisions and tangible business success.

As part of iROI coaching, managers are also sensitised to ethical aspects that need to be considered when using AI personas. One example would be a telecommunications provider that uses coaching to find a balance between personalisation that complies with data protection regulations and customer acceptance.

Changing the corporate culture also plays a role. iROI coaching supports managers in promoting AI skills throughout the company. In a medium-sized mechanical engineering company, this led to increased acceptance of AI personas among employees and improved collaboration between IT and specialist departments.

My analysis

AI personas are an important tool that managers can use today to better harmonise complex decisions. They help to take different perspectives into account, bring data-supported facts to the centre and thus set a more precise strategic course. Integration is best achieved with the support of iROI coaching, which addresses not only technical, but also ethical and cultural aspects. Companies that make targeted use of AI personas often report a significant increase in the quality of decision-making and greater agility in management.

Further links from the text above:

AI-supported decision-making: How leaders can leverage AI agents
Making decisions with AI
AI-Powered Decision Making in Leadership
AI personas for target group analysis: The ultimate guide
Can artificial intelligence create personas?

For more information and if you have any questions, please contact Contact us or read more blog posts on the topic internet Return on Investment - Marketing here.

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