According to the recent Nash Squared/Harvey Nash Digital Leadership Report, while 90% of CIOs are exploring AI, over two-thirds have not achieved measurable returns on investment. This indicates a widespread struggle among business leaders to effectively apply AI in ways that create value. EY's global chief innovation officer, Joe Depa, advocates for a strategic approach that includes creating and revising a top 10 list of AI use cases aligned with business priorities, which helps maintain focus and enhances the chances of successful implementation.
Business leaders should maintain an optimal focus on AI by continually refining their strategy and aligning use cases with high-value business priorities to ensure effective application.
CIOs are investing heavily in AI, yet many struggle to achieve measurable ROI due to challenges in applying the technology effectively to their business context.
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