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AI Leader: Why AI Adoption Requires Expert Guidance for SMBs

September 6, 2024

Summary: Discover why AI adoption requires expert guidance for SMBs. Learn about overcoming barriers, the importance of training, and strategic planning for successful AI integration.

The impact of artificial intelligence (AI) on different industries is swiftly changing, bringing more effectiveness, savings in costs, and improved decision-making. However, incorporating AI into business operations is challenging, particularly for small and medium-sized businesses (SMBs). As stated in the WSI AI Business Insights Report, overcoming obstacles with AI adoption demands expert guidance.

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Overcoming AI Adoption Barriers

The use of AI in business isn’t always easy to apply smoothly. The data from the WSI AI Business Insights Report’s survey shows that 51% of people taking part mention time limitations as a significant obstacle to adopting AI, while 43% need help with how to use it. These numbers show the complicated and resource-demanding process of using AI, underlining the need for understandable guidance that can be implemented to really connect recognizing its value with really incorporating it into operations.

The report also shows a crucial gap in understanding—not of AI’s value, which is generally accepted, but of the practical steps needed for its successful integration. As shown by 45% of respondents expressing universal interest in learning about AI, it is clear that the main hurdles to adopting AI are practical and not primarily due to misunderstanding its value.

The Role of Expert Guidance

As businesses understand the transformative power of AI, there is a rising tendency to use outside resources for directions. The report indicates that 63% of participants refer to external specialists when adopting AI. This practical method shows how business owners acknowledge their need for more understanding and require help from outside professionals to guarantee an effective AI plan. Working with AI experts provides several key benefits:

  • Deep Knowledge: AI Consultants have specific knowledge and experience, guiding businesses through the difficulties of AI technology.
  • Customized Solutions: This involves the ability of experts to customize AI solutions for a business, ensuring that the application matches company goals and operations. 
  • Flexible Applications: Because AI can be applied in different fields and sectors, it is adaptable to various types of businesses.
  • Efficiency and Speed: External consultants can help speed up the process of integrating AI, overcome time limitations, and quicken the journey towards AI maturity.
  • Ongoing Assistance: AI professionals provide permanent assistance, aiding businesses in adjusting to new issues and developing AI technologies.

Addressing Education and Training Needs

The WSI AI Business Insights Report strongly emphasizes the importance of investing more in education and training for businesses. This includes improving understanding of AI for companies and their employees at all levels. Here are some ways to address AI education and training needs in your business:

  • Workshops and Seminars: Organizing AI workshops and seminars is a way to offer workers basic understanding and hands-on abilities.
  • Online Courses: Making AI courses available online allows team members to learn whenever they want, promoting a culture of constant learning.
  • Training Across Departments: Making training programs that motivate collaboration among departments can help break down silos and boost a united method to adopt AI.

Strategic AI Conversations and Business Planning

Talking about strategy and planning for business is very important to ensure AI is integrated well. These conversations need to involve different departments working together so that the new AI plans match the overall business strategy and tackle the needs of various functional areas. Here are some of the strategic AI conversations you should be having in your business:

  • AI Roadmaps: Creating thorough AI roadmaps can assist businesses in mapping out their AI adoption path, establishing achievable objectives, and efficiently managing resources.
  • Collaborative Planning: Planning with stakeholders from different departments makes sure that many viewpoints are taken into account, resulting in more robust strategies for AI.
  • Performance Metrics: It is important to set performance metrics and KPIs to track the advancement of AI projects and evaluate their effect on business.

The Value of Working with Consultants

By joining forces with skilled professionals, businesses can better handle the AI world and reach their planned goals. According to the WSI AI Business Insights Report, these are some of the benefits of working with experienced AI consultants:

  • Expert Insights: Consultants contribute their expertise and experience to the most recent AI trends, technologies, and effective methods.
  • Mitigation of Risk: Experts assist in identifying possible risks and difficulties connected to AI applications, allowing businesses to create methods for lessening these hazards.
  • Scalability: When you work with consultants, your AI solutions can be easily scaled up as your business grows.

For SMBs, education, collaborative strategy, and expert advice are key to fully utilizing AI’s abilities. The WSI AI Business Insights Report suggests that businesses should invest in learning about AI and training for it; they need to involve themselves in essential conversations regarding artificial intelligence strategically and work with outside professionals to surpass any barriers related to adopting this technology. If SMBs embrace these success factors, they will have a better chance of competing effectively by using AI to redefine their future while ensuring all related initiatives are both strategic and successful from a financial perspective.

Contact WSI today to understand how our professional AI consulting services can aid your business in dealing with the complexities of AI adoption and achieving strategic goals. Our team of professionals is available to provide the guidance and assistance necessary to attain success in this digital era.

About the Author

Rick spent 20 years in the insurance industry in finance, primarily developing reporting platforms for B & C stakeholders.   His ability to speak to consumers of data (managers and analysts) and translate their needs to programmers led him to start his own digital marketing agency in 2004 to develop data driven solutions for business owners. 

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