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InSmartBudget > Startups > A CEO’s Perspective On Future-Proofing Business

A CEO’s Perspective On Future-Proofing Business

News Room By News Room November 21, 2023 5 Min Read
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CEO and co-founder of Hexact, on a mission to empower businesses of all sizes with AI-driven sidekicks that work in the cloud.

In the crucible of today’s fast-paced market, I’ve seen companies face a stark choice: evolve with technology or fall behind. Data is the lifeblood of decision-making, yet its volume can be overwhelming. Fortunately, harnessing artificial intelligence (AI) can help companies transform data chaos into clarity, automating complex processes and providing actionable insights. AI is not just a fancy word; it can be a catalyst for continual learning and innovation.

Automating For Efficiency And Precision

As someone who’s built a company around workflow automation, I’ve seen the profound evolution and impact of AI firsthand. For example, in the past, we utilized AI to assist with translating text and rectifying grammatical errors during the website creation and maintenance process. Now, AI has advanced to not only writing complete pieces of content from the ground up but also crafting accompanying visual elements like images and graphics to enrich the material.

I also advocate for an AI-driven approach in sales and marketing. Leveraging AI’s data-processing capabilities can aid in devising marketing strategies that resonate personally with each customer. For sales, incorporating AI into your CRM can allow you to score leads with precision and tailor your follow-ups, potentially boosting conversions significantly.

Adapting To Market Demands

Adopting AI can also give companies a real advantage in the market. Real-time analytics have been our compass in navigating market fluctuations, as AI tools and their predictive prowess can provide insights that allow companies to adapt quickly to consumer behavior changes and emerging market trends. I believe this agility is more than a convenience; it’s a strategic imperative in a fluctuating economy.

Successfully Incorporating AI Sidekicks

AI-driven tools, or sidekicks, can revolutionize how tasks are managed and, ultimately, lead to unprecedented efficiency. Based on my experience, here are a few ways you can incorporate AI to enhance your team’s daily work.

• Workflow Automation: Pinpoint the repetitive, time-consuming tasks within your company that could be automated. You can then assign these jobs to AI tools designed for them.

• Enhanced Data Scraping: AI can be utilized to improve data collection methods. However, quality is key, so ensure you’re feeding your AI high-quality, relevant data for the best learning outcomes.

• Boosting Sales And Customer Interaction: Creating a symbiotic relationship between your workforce and AI sidekicks can greatly enhance productivity. For example, AI tools can help craft customized messages and conversation starters that can be delivered on a large scale, which in turn can help turn more potential customers into actual customers and give your human salespeople stronger leads.

Next Steps With A Human Touch

Think about how AI might change your business for the better. Maybe it’s about getting ahead of the competition, making your daily tasks creative by delegating the boring ones to “machines,” or giving your customers something that feels specially made for them. Having walked this path and grown stronger from it, I encourage you to see AI not as a far-off dream, but as a tool you can use right now.

AI isn’t a fix-all solution, but when used wisely, it can be a solid support for your company’s future. Remember, AI doesn’t work alone; it’s an enhancement to the hard work and creativity of people. It’s a partnership where humans guide AI, shaping it to fit our needs. As we step into an era where AI helps us do more, I believe leaders who embrace this vision and flexibility will carve out the success stories of tomorrow.

Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?

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News Room November 21, 2023 November 21, 2023
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