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Too much Hype, too little Impact: How to Avoid the AI Failures of Others

IM Insights

About the Episode AI adoption is skyrocketing, but most AI projects dont deliver on their promises. In this episode, Dr. Evan Shellshear , Managing Director and Group CEO of Ubidy, breaks down why 80% of AI projects fail and what organisations can do to improve their chances of success.

How To 52
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Too much Hype, too little Impact: How to Avoid the AI Failures of Others

IM Insights

About the Episode AI adoption is skyrocketing, but most AI projects dont deliver on their promises. In this episode, Dr. Evan Shellshear , Managing Director and Group CEO of Ubidy, breaks down why 80% of AI projects fail and what organisations can do to improve their chances of success.

How To 52
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Use a Strategy Uncertainty Map to Find Clarity in Disruptive Times

Leapfrogging

A Strategy Uncertainty Map is a visual representation of your top opportunities, which can include products, services, projects, or business strategies. For example, when you assess your projects on the basis of your uncertainty in these two areas, you get a relative view of which projects carry the most risk so you can invest more wisely.

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How to use the 70-20-10 Rule to drive innovation within your business

Leapfrogging

The basic idea behind the rule is that 70% of stakeholder time and organizational resources for innovation projects should be spent on core business, 20% on related projects to the core business and 10% of the time to projects unrelated to the core business but that can drive the organization forward. . . Leapfrogging ?and?

How To 130
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Agility is the 2023 Success Factor

Leapfrogging

For example, you might have a project you expect to take three months to complete. If you were to work in two-week sprints during the three-month project, however, you would have five cycles of defining goals, achieving them, and then applying your learning to make your project even more effective along the way.

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FinTech and Machine Learning

IdeaScale

According to Fortune Magazine, some of the top financial technology trends for 2017 are consumer trust, buying behavior, mobile banking, blockchain, cybersecurity, and access. And machine learning could be applied towards many of those already (for example: using data to optimize for consumer buying behavior).

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11 female innovation leaders share their definition of innovation

Idea to Value

Then, have a process for aligning strategy (which pulls you forward) with budgeting (which anchors you backward) with project governance (which is usually a total mess) with people’s incentives. Innovation must be rooted in improving competitive advantage, customer needs, employee expectations and now, sustainability. Tiffani Bova.