Part 6/12:
The governance conversation, led by Raman, stressed the importance of a clear strategy and a well-empowered, cross-functional team. Effective governance structures involve well-defined roadmaps, measurement of KPIs, and agile fail-fast approaches to course corrections. A key insight: success depends not only on technology but also on leadership, collaboration, and well-structured processes.
Measuring ROI and Success
A perennial challenge in AI projects has been quantifying ROI. G pointed out that many AI initiatives initially offer intangible benefits like employee morale and feel-good factors. Concrete ROI figures often fall into the single or low double digits, making organizations cautious.