Can Generative AI Truly Drive a Total Business Redesign?
Artificial Intelligence (AI) is no longer a futuristic concept; it’s here, and it’s reshaping the way businesses operate. From automating routine tasks to generating valuable insights from data, AI is proving to be a game-changer. But its potential goes beyond these applications. AI can drive a total redesign of business models and processes, leading to what we term as ‘AI-Driven Business Redesign’. AI-Driven Business Redesign involves fundamentally rethinking and radically redesigning business processes to achieve dramatic improvements in performance, leveraging the capabilities of AI technologies. It’s about reimagining how work gets done and how value gets delivered to customers, often leading to changes in the entire business model.