Bonnie Caver, SCMP®’s Post

AI has captured everyone's imagination but many organisations aren't in good shape to implement it. Why? The answer is DATA. The output from AI is only as good as the data you put in, so if you haven't got good quality data, then you're not going to get great results. Many businesses need to get their data and data environment in order. When starting on your AI & Automation journey it's essential you have a robust Data Strategy and well honed Data Governance and Risk Management practices. Without these fundamental foundations in place, your investment in AI and the resulting outcomes will disappoint. Our Senior Partner, Damon Harding, along with others in our team, are sharing their expert insight on transforming your organisation using Data, AI & Automation. If AI & Automation is on your agenda this year, then you need to get this guide. Download it now 👇🏽 https://hubs.ly/Q02Bj-CB0 #DataGovernance #AITransformation #DataStrategy #DigitalTransformation

AI has captured everyone's imagination but many organisations aren't in good shape to implement it. Why? The answer is DATA. The output from AI is only as good as the data you put in, so if you haven't got good quality data, then you're not going to get great results. Many businesses need to get their data and data environment in order. When starting on your AI & Automation journey it's essential you have a robust Data Strategy and well honed Data Governance and Risk Management practices. Without these fundamental foundations in place, your investment in AI and the resulting outcomes will disappoint. Our Senior Partner, Damon Harding, along with others in our team, are sharing their expert insight on transforming your organisation using Data, AI & Automation. If AI and automation or is on your agenda this year, then you need to get this guide. Download it now: https://lnkd.in/evj-4A4N #DataGovernance #AITransformation #DataStrategy #DigitalTransformation

AI has captured everyone's imagination but many organisations aren't in good shape to implement it. Why? The answer is DATA. The output from AI is only as good as the data you put in, so if you haven't got good quality data, then you're not going to get great results. Many businesses need to get their data and data environment in order. When starting on your AI & Automation journey it's essential you have a robust Data Strategy and well honed Data Governance and Risk Management practices. Without these fundamental foundations in place, your investment in AI and the resulting outcomes will disappoint. Our Senior Partner, Damon Harding, along with others in our team, are sharing their expert insight on transforming your organisation using Data, AI & Automation. If AI & Automation is on your agenda this year, then you need to get this guide. Download it now 👇🏽 https://hubs.la/Q02pZ91Q0 #DataGovernance #AITransformation #DataStrategy #DigitalTransformation

AI. If you need a 'guide' to how to make the most of the most progressive opportunity since 'Digital' -- we hope you like our eBook. It not only explains what it is - and why you need to think Data +AI + Automation, the business benefits, and What to change and How to change - to get all those benefits. And Damon Harding is a pretty good 'trail giude' as well 😁

As AI becomes central to operations and customer experiences, inconsistent governance is no longer an option. By 2025, businesses must adopt transparent, standardized practices to assess and validate AI systems, enabling sustained value while mitigating risks. Without #ResponsibleAI practices, organizations may face compliance failures, stakeholder distrust, or damage to their bottom line.    Check out PwC's AI Business Predictions for the coming year Jennifer Kosar, Dan Priest, Michael Shehab

We all talk about AI so much these days. There are exciting stories, scary predictions, and all sorts of conspiracy theories. But you can't deny that it’s transforming the way businesses operate across all sectors. The AI market is experiencing exponential growth. According to PwC, AI could contribute up to £13.2 trillion to the global economy by 2030. What an immense potential for businesses that integrate AI into their operations! 🤯 According to the UK Government, 68% of large companies, 33% of medium-sized companies, and 15% of small companies have incorporated at least one AI technology. This rapid adoption rate underscores AI’s increasing importance in the business landscape. Is your business on board or are you falling behind?? 👀 Here are some benefits of adopting AI for your business operations 👇 ✔ Operational efficiency as AI can automate routine tasks, freeing up employees to focus on more strategic initiatives. ✔ Data-driven decision-making powered by analytics provides deeper insights into business operations and customer behaviours. ✔ Enhanced customer experience through AI-powered analysis of customer data to provide tailored recommendations and solutions. ✔ Automation and optimisation through AI can lead to substantial cost reductions. For example, predictive maintenance in manufacturing can prevent costly equipment failures. Is it all rainbows and sunshine? 🌈 Not necessary as there are a few things to bear in mind: 👉 The use of AI necessitates robust data privacy measures. Businesses must ensure compliance with regulations such as GDPR to protect customer data. 👉 Integrating AI requires specialised skills that many SMEs might lack. Investing in training and development is crucial to bridging this gap. 👉 AI systems must be designed and deployed ethically to avoid biases and ensure fairness. This includes transparent decision-making processes and accountability measures. The integration of AI into business operations is not just a trend but a fundamental shift that offers unprecedented opportunities for innovation and growth. However, it requires careful planning, investment, and a commitment to ethical practices. How far are you on your AI-integration journey? 👇

Deloitte's new State of #GenAI quarterly report is out today! #Trust continues to be a key challenge to #AI adoption. Survey respondents cited three key barriers: (1) regulatory compliance, (2) managing risk, and (3) lack of a governance model. Only 23% of organizations are prepared to manage AI risk. Learn how organizations can take proactive steps to operationalize AI governance, enabled by technology, and put #trust at the heart of every AI implementation. Robert Stradtman Michael Bondar Derek Snaidauf Don Williams Brian Merrill Olivier May Jim Rowan Kate Schmidt Hillary O. John Mantia Srijan K. https://lnkd.in/eUFfSAc8

hear hear.. "Survey respondents cited three key barriers: (1) regulatory compliance, (2) managing risk, and (3) lack of a governance model. Only 23% of organizations are prepared to manage AI risk. " #aigp #aigovernance

Companies are racing to capitalize on the opportunities created by Generative AI. Those opportunities are immense but are not without risks. Deloitte’s quarterly report on the State of Generative AI in the Enterprise is out. It notes that only 23% of organizations are prepared to manage AI risks. The report offers guidance on establishing the right governance model to manage those risks and adopt AI in ways that are both trustworthy and secure. #AI #GenAI #risk #governance #trust

The future of AI is taking shape, and Forrester’s latest report sheds light on the challenges and opportunities ahead. Success with AI requires more than quick wins—it’s about building thoughtful, long-term strategies that drive sustainable ROI and innovation. Key Insights: 🟠 Patience is key: Rushing ROI could hinder long-term growth. 🟠 Data and AI governance are essential for compliance and transparency. 🟠 Collaboration is critical: Tackling complex architectures alone can lead to setbacks. These lessons are a powerful reminder to align AI investments with strategic goals and adopt a balanced approach to growth. Click the link below to learn more! https://lnkd.in/ghRme8ht ennabl.com #insurance #insurancebroker #insuranceagency