Difference between revisions of "Strategy & Tactics"
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− | + | These methods can be employed to plan and execute actions identified in the last step of your AI strategy. organizations can benefit greatly from implementing these methods and utilizing generative AI to plan and perform actions. By effectively managing risks associated with AI initiatives, organizations can achieve better outcomes, stay ahead of the competition, and achieve their strategic objectives in a more efficient and effective manner. By utilizing these techniques, organizations can increase the likelihood of success in their AI initiatives and gain a competitive edge. | |
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* One example is predictive [[analytics]], which can help organizations identify potential risks and outcomes associated with various actions. However, it's important to note that there is a risk of inaccurate predictions. To mitigate this risk, organizations can utilize generative AI to explore different outcomes and develop contingency plans in case predictions do not have the desired impact. | * One example is predictive [[analytics]], which can help organizations identify potential risks and outcomes associated with various actions. However, it's important to note that there is a risk of inaccurate predictions. To mitigate this risk, organizations can utilize generative AI to explore different outcomes and develop contingency plans in case predictions do not have the desired impact. | ||
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* Finally, continuous monitoring and evaluation can help organizations identify potential risks and opportunities in real-time. However, there is a risk of relying too heavily on short-term trends and making decisions based on incomplete data. Generative AI can assist in continuous monitoring and evaluation by generating a wide range of potential scenarios based on historical and real-time data, allowing organizations to better understand the risks and uncertainties associated with different actions. By incorporating generative AI into continuous monitoring and evaluation, organizations can more effectively manage risks and make decisions based on a more comprehensive understanding of the impact of each action. | * Finally, continuous monitoring and evaluation can help organizations identify potential risks and opportunities in real-time. However, there is a risk of relying too heavily on short-term trends and making decisions based on incomplete data. Generative AI can assist in continuous monitoring and evaluation by generating a wide range of potential scenarios based on historical and real-time data, allowing organizations to better understand the risks and uncertainties associated with different actions. By incorporating generative AI into continuous monitoring and evaluation, organizations can more effectively manage risks and make decisions based on a more comprehensive understanding of the impact of each action. | ||
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** Explore cloud-based solutions for scalability and flexibility. | ** Explore cloud-based solutions for scalability and flexibility. | ||
* <b>Manage External Partnerships:</b> | * <b>Manage External Partnerships:</b> | ||
− | ** Collaborate with external partners, such as AI vendors, research institutions, and industry experts | + | ** Collaborate with external partners, such as AI vendors, research institutions, and industry experts |
− | ** Leverage their expertise, tools, and technologies to accelerate AI development | + | ** Leverage their expertise, tools, and technologies to accelerate AI development |
− | ** Establish clear communication channels and expectations | + | ** Establish clear communication channels and expectations |
* <b>Identify AI Champions:</b> | * <b>Identify AI Champions:</b> | ||
** Identify individuals within your organization who are passionate about AI and can drive its adoption. | ** Identify individuals within your organization who are passionate about AI and can drive its adoption. | ||
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** Validate AI concepts and demonstrate feasibility | ** Validate AI concepts and demonstrate feasibility | ||
* <b>Share Success Stories:</b> | * <b>Share Success Stories:</b> | ||
− | ** Communicate wins and achievements related to AI projects | + | ** Communicate wins and achievements related to AI projects - perhaps sharing via a [[wiki]] |
** Showcase how AI has improved processes, efficiency, customer experiences, or revenue. | ** Showcase how AI has improved processes, efficiency, customer experiences, or revenue. | ||
** Use success stories to build momentum and encourage broader adoption. | ** Use success stories to build momentum and encourage broader adoption. |
Latest revision as of 06:12, 30 April 2024
YouTube search... ... Quora search ...Google search ...Google News ...Bing News
- Strategy & Tactics ... Project Management ... Best Practices ... Checklists ... Project Check-in ... Evaluation ... Measures
- Artificial Intelligence (AI) ... Generative AI ... Machine Learning (ML) ... Deep Learning ... Neural Network ... Reinforcement ... Learning Techniques
- Conversational AI ... ChatGPT | OpenAI ... Bing/Copilot | Microsoft ... Gemini | Google ... Claude | Anthropic ... Perplexity ... You ... phind ... Ernie | Baidu
- Prescriptive & Predictive Analytics ... Predictive Maintenance ... Forecasting ... Market Trading ... Sports Prediction ... Marketing ... Politics ... Excel
- Risk, Compliance and Regulation ... Ethics ... Privacy ... Law ... AI Governance ... AI Verification and Validation
- Moat
- Perspective ... Context ... In-Context Learning (ICL) ... Transfer Learning ... Out-of-Distribution (OOD) Generalization
Contents
[hide]Strategy
- Policy ... Policy vs Plan ... Constitutional AI ... Trust Region Policy Optimization (TRPO) ... Policy Gradient (PG) ... Proximal Policy Optimization (PPO)
- Architectures for AI ... Generative AI Stack ... Enterprise Architecture (EA) ... Enterprise Portfolio Management (EPM) ... Architecture and Interior Design
- Exploring Enterprise AI - Insights, Use-Cases, and Best-Practices for Business Leaders | Emerj.com
Determine Best Strategy: There are several steps an enterprise can take to use signals, analyze trends, itemize uncertainties, and develop future scenarios to better understand opportunities and threats within the organization:
1. Identify and analyze signals: including associated risks: Signals are important to identify, but there is always a risk of overlooking or misinterpreting relevant signals. The enterprise should conduct a comprehensive environmental scan and consider the risk of missing critical signals or interpreting them incorrectly.
- While trend analysis can provide valuable insights, there is a risk of assuming that past trends will continue in the future. The enterprise should consider the risks associated with potential changes in the market, customer behavior, or other factors that may impact the trends.
- Itemize uncertainties and associated risks: Itemizing uncertainties is crucial to developing effective contingency plans, but there is a risk of overlooking important uncertainties or underestimating their potential impact.
- The enterprise should consider the risks associated with potential uncertainties and develop contingency plans that are flexible enough to adapt to changing circumstances.
2. Develop future scenarios; Goal: Scenario planning can help the enterprise anticipate potential outcomes, but there is a risk of becoming too focused on a specific scenario and failing to consider other possibilities. The enterprise should consider the risks associated with each scenario and develop strategies that are adaptable to a range of potential outcomes.
3. Plan and perform actions: Developing a plan of action is critical, but there is a risk of implementing actions that do not address the underlying issues or that have unintended consequences. The enterprise should consider the risks associated with each action and develop contingency plans in case the actions do not have the desired impact.
By considering the risks associated with each step, the enterprise can develop a more comprehensive understanding of the opportunities and threats within the organization and increase the probability of best outcomes while minimizing the risks of negative consequences. This helps the enterprise to stay ahead of the competition, adapt to changes in the market, and achieve its strategic objectives while effectively managing risks.
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Strategy Example: Writing a Joke
The Three-Part Joke Algorithm:
- Topic: This is the statement that the joke is based on. It usually involves a common or familiar situation, observation, or fact that the audience can relate to or understand. For example, a possible topic could be “I hate going to the dentist.”
- Angle: These are words that smoothly connect the topic to the punch line. They usually involve adding some details or context to the topic that make it more interesting or specific, but also hint at the direction of the punch line. For example, an angle using the topic above could be “I hate going to the dentist. Especially when he asks me questions while he’s working on my teeth.”
- Punch Line: These are words that result in a laugh. They usually involve revealing something unexpected or absurd about the topic or the angle that contradicts or exaggerates them. For example, a punch line using the angle above could be “I hate going to the dentist. Especially when he asks me questions while he’s working on my teeth. Like, ‘Do you floss regularly?’ or ‘How do you feel about polygamy?’”

Take these steps to write a three-part joke:
1. Get a topic: This is the general subject or theme of the joke, such as politics, sports, animals, etc. It helps to narrow down the scope and context of the joke.
- Select two topic handles: These are two specific words or phrases related to the topic that can be used to create a contrast or a connection. For example, if the topic is politics, the topic handles could be "president" and "election".
- Generate associations of the two topic handles: These are words or ideas that come to mind when thinking of the topic handles. They can be positive, negative, neutral, or absurd. For example, some associations of "president" could be "power", "speech", "scandal", etc. Some associations of "election" could be "vote", "campaign", "fraud", etc.
2. Create a punch line: This is the final sentence or phrase of the joke that delivers the surprise or twist. It usually involves combining or contrasting two associations of the topic handles in an unexpected or humorous way. For example, a possible punch line using the associations above could be "The president gave a speech about how he won the election by a landslide...of fraud allegations."
3. Generate an angle between the topic and punch line: This is the intermediate sentence or phrase that sets up the punch line and connects it to the topic. It usually involves introducing one of the topic handles and one of its associations in a way that seems normal or logical at first, but leads to the punch line. For example, an angle using the punch line above could be "It's been a tough week for the president." This introduces the topic handle "president" and its association "scandal", but also creates a contrast with the punch line.
Tactics
- AI Solver ... Algorithms ... Administration ... Model Search ... Discriminative vs. Generative ... Train, Validate, and Test
- Data Science ... Governance ... Preprocessing ... Exploration ... Interoperability ... Master Data Management (MDM) ... Bias and Variances ... Benchmarks ... Datasets
- Analytics ... Visualization ... Graphical Tools ... Diagrams & Business Analysis ... Requirements ... Loop ... Bayes ... Network Pattern
- Development ... Notebooks ... AI Pair Programming ... Codeless ... Hugging Face ... AIOps/MLOps ... AIaaS/MLaaS
- Building Your Environment
- Conversational AI ... ChatGPT | OpenAI ... Bing/Copilot | Microsoft ... Gemini | Google ... Claude | Anthropic ... Perplexity ... You ... phind ... Ernie | Baidu
- Predictive Analysis 101 | Ravi Kalakota
- Machine Learning in Real Life | Rebecca Vickery - Towards Data Science
- Machine Learning Algorithms: Which One to Choose for Your Problem | Daniil Korbut
- Automating business processes, Gaining insight through data analysis, Engaging with customers and employees
- Machine Learning Algorithms
- Neural Network Zoo | Fjodor Van Veen
- Insights | McKinsey&Company
- Outline_of_machine_learning | Wikpedia
- The 5 Rules Of Product-Driven Data Science | David Foster - Medium
- Think backwards
- Build a data pipeline before a model
- Deliver actions over accuracy
- Modularise and abstract
- Brand the solution
These methods can be employed to plan and execute actions identified in the last step of your AI strategy. organizations can benefit greatly from implementing these methods and utilizing generative AI to plan and perform actions. By effectively managing risks associated with AI initiatives, organizations can achieve better outcomes, stay ahead of the competition, and achieve their strategic objectives in a more efficient and effective manner. By utilizing these techniques, organizations can increase the likelihood of success in their AI initiatives and gain a competitive edge.
- One example is predictive analytics, which can help organizations identify potential risks and outcomes associated with various actions. However, it's important to note that there is a risk of inaccurate predictions. To mitigate this risk, organizations can utilize generative AI to explore different outcomes and develop contingency plans in case predictions do not have the desired impact.
- Another method is simulation modeling, which can help organizations identify potential risks and opportunities. However, there is a risk of relying too heavily on simulated data and making decisions that do not reflect the real world. Generative AI can assist in simulation modeling by generating a wide range of data inputs and outputs, enabling organizations to explore different scenarios and potential outcomes. Organizations should validate simulations with real-world data and use generative AI to develop contingency plans in case simulated results do not have the desired impact.
- Agile methodology is also a valuable tool for organizations, allowing for continuous monitoring and adjustment of actions based on feedback. However, there is a risk of losing sight of overall strategic objectives. Generative AI can assist in agile methodology by generating insights that inform the plan of action and help identify potential risks and opportunities. By incorporating generative AI into agile methodology, organizations can more effectively manage risks and align decisions with strategic objectives.
- A/B testing is another method that can help organizations identify which version of a product or service is more effective. However, there is a risk of making decisions based on incomplete or biased data. Generative AI can assist in A/B testing by generating a wide range of data inputs and outputs, enabling organizations to better understand the impact of each version. By incorporating generative AI into A/B testing, organizations can more effectively manage risks and make decisions based on a more comprehensive understanding of the impact of each version.
- Finally, continuous monitoring and evaluation can help organizations identify potential risks and opportunities in real-time. However, there is a risk of relying too heavily on short-term trends and making decisions based on incomplete data. Generative AI can assist in continuous monitoring and evaluation by generating a wide range of potential scenarios based on historical and real-time data, allowing organizations to better understand the risks and uncertainties associated with different actions. By incorporating generative AI into continuous monitoring and evaluation, organizations can more effectively manage risks and make decisions based on a more comprehensive understanding of the impact of each action.
Application | Kaggle Competition |
Translate a business question into a data question | |
Think about how the model is going to be consumed | |
Validate assumptions and methods | |
Consider how a machine learning model can connect to a (existing) tech stack | |
Determine data sources | |
Extract Data; SQL queries (sometimes across multiple databases), third-party systems, web scraping, API’s or data from partners | Download some data (probably one or several CSV files) |
Transforming and cleaning data; removing erroneous data, outliers and handling missing values | Perhaps do a little cleaning, or chances are the data set may already be clean enough |
Exploratory data analysis & feature extraction | |
Feature engineering (vast range of variables) | Feature engineering (a finite number of variables) |
Perform preprocessing such as converting categorical data into numerical data | Perform preprocessing such as converting categorical data into numerical data |
Version models, Feature selection, Hyperparameter Tuning, and Web Service Endpoints | |
Model selection; best model that can be integrated into the existing tech stack with the least amount of engineering | Model selection |
Build the model | Build the model |
Set up training and deployment pipelines | |
Train the model | Train the model |
Validate the model | Validate the model |
Test the model | Test the model |
Optimise the model until it is ‘good enough’ considering the business value; perform hyperparameter tuning and compare results | Run the data through a variety of suitable models until you find the best one; perform hyperparameter tuning and compare results |
Make experiments reproducible | |
If new tech stack… | |
- Review prior art and available libraries, services, scafolding tools | |
- Implement and test tech stack | |
Deploy the model | |
Monitor the model performance in production | |
Set up monitoring alert systems | |
Retrain when/if necessary | |
Mature to automatically retrain and redeploy models |
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Artificial Intelligence Center of Excellence (AI CoE)
- How to Set Up an AI Center of Excellence - Harvard Business Review
- How To Create an Enterprise 'AI Center of Excellence' | Pure AI
- Artificial Intelligence Center of Excellence (AICoE) - WordPress | UD
- Four Steps For Building An AI Center Of Excellence | Forbes
Establishing an AI Center of Excellence is a strategic move that can significantly enhance your organization's AI capabilities. Remember that AI adoption is an ongoing journey. Continuously monitor progress, iterate on your strategy, and adapt to changing technology and business landscapes. By following this plan, your organization can establish a robust AI CoE that drives innovation, efficiency, and value across the board. Here's an outline to guide your organization in adopting AI effectively and maximizing its value:
- Create the AI Vision:
- Define a clear and compelling vision for AI adoption within your organization. Understand how AI aligns with your business goals, mission, and long-term strategy.
- Engage key stakeholders, including executives, business leaders, and technical experts, to ensure buy-in and alignment.
- Identify Use Cases:
- Conduct a thorough assessment of your organization’s processes, pain points, and opportunities.
- Identify specific use cases where AI can add value. Prioritize use cases based on their potential impact, feasibility, and alignment with strategic objectives.
- Determine Ambition Level:
- Define the level of ambition for your AI initiatives. Consider factors such as budget, resources, and risk tolerance.
- Decide whether you want to start with small-scale pilots or aim for broader, organization-wide AI adoption.
- Create a Data Architecture:
- Establish a robust data infrastructure to support AI initiatives.
- Ensure data quality, security, and accessibility. Consider data governance, privacy, and compliance requirements.
- Explore cloud-based solutions for scalability and flexibility.
- Manage External Partnerships:
- Collaborate with external partners, such as AI vendors, research institutions, and industry experts
- Leverage their expertise, tools, and technologies to accelerate AI development
- Establish clear communication channels and expectations
- Identify AI Champions:
- Identify individuals within your organization who are passionate about AI and can drive its adoption.
- These champions can be from various departments—data science, IT, business units, etc.
- Empower them to lead AI initiatives, advocate for AI adoption, and share best practices.
- Use AI Technology:
- Explore AI tools, frameworks, and platforms
- Choose technologies that align with your organization’s needs and goals
- Start with a small-scale project or proof of concept
- Validate AI concepts and demonstrate feasibility
- Share Success Stories:
- Communicate wins and achievements related to AI projects - perhaps sharing via a wiki
- Showcase how AI has improved processes, efficiency, customer experiences, or revenue.
- Use success stories to build momentum and encourage broader adoption.
- Plan for Change Management:
- Communicate the AI roadmap to stakeholders.
- Address concerns, manage expectations, and ensure smooth implementation.
Business Case
YouTube search... ...Google search
- How To Build A Strong Business Case For AI | Insights Team - Forbes
- Making a persuasive business case for bigger AI investment | Mike Miliard - Healthcare IT News HIMSS
- Building a business case for an AI or machine learning project using first principles, the 80/20 principle and more | Bhalchander Vishwanath - Ideas2IT
- Build the AI Business Case | Whit Andrews - Gartner
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Business Strategy/Consulting
Youtube search... ...Google search
- Strategy & Tactics ... Project Management ... Best Practices ... Checklists ... Project Check-in ... Evaluation ... Measures
- Analytics ... Visualization ... Graphical Tools ... Diagrams & Business Analysis ... Requirements ... Loop ... Bayes ... Network Pattern
- Architectures for AI ... Enterprise Architecture (EA) ... Enterprise Portfolio Management (EPM) ... Architecture and Interior Design
- Generative AI ... Conversational AI ... OpenAI's ChatGPT ... Perplexity ... Microsoft's Bing ... You ...Google's Bard ... Baidu's Ernie
- Video/Image ... Vision ... Enhancement ... Fake ... Reconstruction ... Colorize ... Occlusions ... Predict image ... Image/Video Transfer Learning
- Client Engagement .. Afiniti
- AI May Soon Replace Even the Most Elite Consultants | Barry Libert and Megan Beck - Harvard Business Review
- Can Artificial Intelligence Generate Corporate Strategy? | Daniel Shapiro - Forbes
- Rainbird enables enterprises to build systems with human-like decision making abilities
- AI Consulting: In-depth Guide with Top AI Consultants of 2020 | AI Multiple
- Crafting an AI strategy for government leaders | Deloitte Insights
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