Discover how AI can revolutionize your productivity by acting as your personal assistant, improving your decision-making, and freeing you up to drive business growth.
Artificial (AI) can be used in a multitude of workflows, and anyone using AI for any task and in any process almost always recognizes efficiency as its greatest value. Not far behind that is the value of AI for organizing and analyzing data you can use to make decisions and drive business growth.
AI as Your Personal Assistant
Every job has its repetitive tasks. Given the luxury, you would assign those tasks to your personal assistant. Repetitive tasks, often regarded as tedious, are things like:
- preparing expense reports,
- scheduling meetings,
- reviewing contracts for key terms,
- updating calendars,
- cleaning data, and
- sorting your inbox.
Tasks like those, which are done regularly and at relatively high volume, are all great candidates for assigning to AI. You may already be automating repetitive tasks. One example is scheduling weekly meetings with your team. Using a digital calendar, you can:
- set a meeting to repeat at pre-set intervals,
- include the same list of attendees, and
- send confirmation notices and reminders on a set schedule.
Note that automation tools do not override your decisions or your need to be flexible, much like AI won’t take over your job. Human intervention is still key. However, when used consistently, these tools can save you a lot of time.
If you’re using rules-based automation and intelligent automation that is built into your software, you’re already experiencing tremendous efficiencies. If you’re not leveraging automation to its full potential, you will want to audit your existing tech stack to see what you’re missing out on.
AI as Your Business Advisor
AI has the ability to analyze large volumes of information, synthesize it, and generate actionable output. Its ability to compute at speeds that far exceed what humans can do is what boosts efficiency. But its ability to recognize patterns and become more intelligent through Machine Learning is what makes that output valuable for improving decision-making.
Keeping the focus on efficiency, think of all the steps involved in gathering data for research that would benefit your business. You can use Google Analytics, for example, to monitor traffic on your website. Data provided by analytics tools goes a long way in informing a business owner of how much traffic they’re getting, where it's coming from (generally), and how many website visitors convert to customers.
Now consider the potential of reducing the time it takes to do research by half . . . or more. With AI algorithms and machine learning techniques, businesses can automate research and information-gathering processes. AI can simultaneously analyze data from various sources, such as websites, databases, and even social media, providing businesses with real-time and actionable insights.
AI for Business Growth
With automation and AI to reduce the time it takes to perform repetitive and tedious tasks, every member of an organization can be more efficient. Every member of an organization can put their time and energy toward more creative and valuable work.
Less time will be required for low-level knowledge work, such as compiling and distributing data. Knowledge workers can put their creative and analytic thinking into strategic planning and growth initiatives.
By increasing access to data and reducing research time, AI facilitates higher-quality output, not just by the technology but by the people using the technology. The value of work done by humans assisted by machines will undoubtedly drive business growth.