Forbes November 4, 2024
Founder and CEO, The CAP Group.
Since ChatGPT was released in late 2022, companies of all sizes and in all industries have been grappling with how to benefit from artificial intelligence. A company’s board is ultimately accountable for guiding it on priorities and expectations, but many boards, I’ve observed, have struggled with some common, basic issues.
But by focusing on key factors, boards can navigate AI adoption with savvy.
Investment Allocation Strategy
The most basic question boards need to answer is, “What are we trying to achieve?”
Are you and your fellow board members trying to develop new capabilities that will drive dramatic innovation and change? Or are your goals more modest—to make incremental improvements to key processes? Or perhaps...