top of page

Beyond the AI hype: Why businesses must refocus on the basics

In today's fast-paced business world, we often find ourselves captivated by the latest technological tools and advancements, with Artificial Intelligence (AI) being the latest belle of the ball. Business leaders, especially from the marketing realm, are often swayed by the allure of these innovations, thinking they've found the next game-changing solution. But in our pursuit of the new and the novel, we sometimes overlook the fundamental aspects of business. It's essential to remember that AI, while transformative, is a tool – not a strategy. In the words of many, we have become 'DISTRACTED.'

The age-old dilemma: chasing tools over strategy

The dilemma is not new. Over the years, businesses have been consistently drawn towards the 'next big thing' – be it the internet boom, social media eruption, or now, AI. Each new tool promises better engagement, efficiency, and success. Yet, when these tools become the primary focus instead of the means to an end, businesses lose sight of their core goals.

Understanding the why before the how

Before adopting any new tool or technology, it's imperative for companies to ask themselves 'why'. What are our primary business objectives? How does this new tool align with our company's core values and mission? Can it truly enhance our existing processes or value propositions, or is it just a shiny new distraction?

In our current AI climate, businesses are often guilty of reverse engineering strategies based on the capabilities of AI. This approach is flawed. The foundation of any business endeavor should always begin with a clear understanding of the customer's needs, followed by a strategy to address those needs. Only then should we consider how tools like AI can aid in fulfilling that strategy.

AI: A tactical tool, not a strategy

The potential of AI is immense, from improving customer experiences to automating mundane tasks and unlocking new insights. However, it's crucial for businesses to understand its place. AI is not a one-size-fits-all solution but rather a tool that can help organizations achieve their goals more efficiently.

To harness AI's potential, businesses need to:

  1. Define clear objectives: Know the goals and objectives that you wish to achieve using AI.

  2. Design thoughtfully: Decide where in your service design AI will be most beneficial.

  3. Utilise outcomes: Understand how you will use AI's outcomes and the reasons for doing so.

Empowering people with AI, not hindering them

At its best, AI can eliminate repetitive tasks, allowing employees to focus on more value-added activities. It can provide insights that previously took hours to gather, freeing up time for strategic thinking and innovation. In essence, AI can and should empower your people.

But if implemented without clear objectives, it can become another layer of complexity, another tool that staff need to learn without clear benefits, another distraction.

In conclusion, ss we continue to explore the vast possibilities AI offers, let's not lose sight of our business fundamentals. It's not about the latest technology or tool, but about understanding our customers, refining our value propositions, and ensuring we attract the right clientele. As leaders, it's our responsibility to keep the focus on the 'why' before the 'how,' ensuring our people are equipped, not hindered, by the tools at their disposal.

Remember, in business and in life, it's always essential to master the basics before diving into the complexities.



bottom of page