The actions and resources required to ensure success

LONDON, UNITED KINGDOM, November 28, 2022 /EINPresswire.com/ -- In an article published on Business Reporter, L.E.K. Consulting explains how organisations can avoid the stumbling blocks that may cause AI deployments to fail. Although AI is increasingly becoming a challenger of human performance even in areas that require creativity, businesses often find that the outcomes of their investment in artificial intelligence fall short of their expectations. Most of the time, however, it’s not the technology that lets them down but the fact that they don’t have the right people in place or make the necessary changes to how they work which a successful AI deployment requires. First of all, the business must set the right goals and apply AI to problems of high business value not just implement systems to keep up with market trends. It’s also key to have access to relevant and representative data that the AI can be trained on. Although some AI systems are fully automated, humans always play a vital role in detecting mistakes that the AI might make thanks to either small errors that get amplified during the machine learning process or to changes in circumstances that call for adjustments. Most importantly, though, AI systems shouldn’t ever be seen as just external tools but as integral components of workflows.This requires the whole organisational structure needs to be chosen to enable humans and algorithms to collaborate in the most efficient manner.

To learn more about how to lay the groundwork for an AI deployment, read the article.

About Business Reporter

Business Reporter is an award-winning company producing supplements published in The Guardian and City AM, as well as content published on Business Reporter online hubs on Bloomberg.com, Independent.com, Business Insider Germany and Le Figaro, delivering news and analysis on issues affecting the international business community. It also hosts conferences, debates, breakfast meetings and exclusive summits.

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About L.E.K. Consulting

L.E.K. Consulting is a global strategy consultancy working with business leaders to seize competitive advantage and amplify growth. Our insights are catalysts that reshape the trajectory of our clients’ businesses, uncovering opportunities and empowering them to master their moments of truth. Since 1983, our worldwide practice — spanning the Americas, Asia-Pacific and Europe — has guided leaders across all industries, from global corporations to emerging entrepreneurial businesses and private equity investors.

Looking for more? Visit www.lek.com.

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