Unlocking the Power of AI: A Guide to Assessing Readiness for Business Transformation

Why AI is Suddenly Dominating the Conversation

AI is not so much a technology as a phenomenon–one widely regarded as the primary driver of the fourth wave of industrial revolution. Especially with the advent of generative AI, companies are increasingly recognizing that standard practices for executing work and models for conducting business are about to be dismantled and disrupted. No business, workflow, or job is likely to be left entirely untouched. As a result, companies need to step back and fundamentally reassess the building blocks of their business—strategy, organization, operations, talent, etc.—to ensure they are ready for and transforming to meet the challenges of competition in the era of AI.

Are You Prepared for the Transformation?

In light of the dramatic changes most businesses will face, we at Knownwell created a self-assessment diagnostic tool for business leaders to assess their readiness for AI transformation. The tool examines thirty capabilities across five key areas of transformation readiness: Strategy and Knowledge, Culture and Leadership, Talent and Operations, Data and Technology, and Governance and Responsibility.

An Overview of This White Paper

The aim of this white paper is to provide a backdrop and detail on the full story of AI transformation and business readiness (summarized above), covering:

  • AI’s origins and its promise for business
  • The state of AI deployment
  • Where AI implementation goes wrong
  • The costs of not preparing for AI
  • A guide to AI transformation readiness