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AIROI - Artificial Intelligence Return on Invest
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Business excellence for decision-makers & managers by and with Sanjay Sauldie

4 August 2024

KIROI Step 1: Sharing knowledge - the key to successful AI integration with a customer example from the mechanical engineering sector

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In the digital age, the use of artificial intelligence (AI) has become a decisive competitive factor. However, the success of AI projects depends not only on the technology itself, but above all on how knowledge is shared within a company. This is where the first step of the KIROI (Artificial Intelligence Return on Invest) strategy to: "Share your knowledge."

Customer example: ABC GmbH (name changed due to NDA contracts)

ABC GmbH, a medium-sized mechanical engineering company, was faced with the challenge of introducing AI to optimise its production processes. The first step was to establish a culture of knowledge sharing. The following measures were taken:

Identification of stakeholders

  • Within the departments: The IT department and production management were identified as key departments, as they are directly affected by the introduction of new technologies.
  • Interdisciplinary teams: Employees from HR, finance and sales were also involved to ensure a holistic perspective.

Knowledge platforms and communication

  • Workshops and training courses: Regular workshops were organised to inform all employees about the basics of AI and its potential benefits for the company.
  • Digital platforms: An internal wiki and regular newsletters helped to disseminate information and best practices about AI.

Open discussion rounds

  • Feedback culture: Open discussion rounds and feedback sessions were established to address employees' concerns and questions at an early stage and develop solutions together.

This example illustrates how essential it is to share knowledge in order to fully utilise the potential of AI. Use this approach to establish a successful AI strategy in your company too.

Result:

By actively sharing knowledge, ABC GmbH was not only able to improve the understanding of AI throughout the company, but also increase the acceptance of new technologies. This led to the successful implementation of AI solutions that reduced production costs and increased efficiency.

The first step of the KIROI (Artificial Intelligence Return on Invest) strategy shows how important it is to involve all relevant stakeholders in the AI integration process at an early stage and to create a culture of open communication. This is the only way to ensure that AI projects are successful in the long term.

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#kiroi #Unternehmensstrategie #Wissensaustausch Innovation KI -künstliche Intelligenz

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