Tipping the Scales with AI: Harnessing Data and AI to Enhance Business Value

Michael Taylor

Chapter 11 in Data Strategy and AI Value Creation:For Data Leaders by Data Leaders, 2025, pp 153-175 from World Scientific Publishing Co. Pte. Ltd.

Abstract: As more organizations seek to leverage the power of artificial intelligence (AI) to create new efficiencies and a sustainable competitive advantage, data leaders are increasingly spearheading transformational programs. But what is needed to launch an AI project? Can AI outcomes be trusted? What are the main ways in which AI can fail? How can those failures be avoided? What new tools and techniques can help business leaders turbocharge and operationalize their data and AI programs? We will share some best practices, learned from successful machine learning projects at industry-leading clients, that can help data leaders think about AI and data, democratize these capabilities, strengthen the data-to-insight-to-action loop, and realize stronger results.

Keywords: Data Strategy; Data Governance; Data Quality; Privacy Protection; Artificial Intelligence; Generative AI; Business Value; Innovation; Digital Transformation; Regulations (search for similar items in EconPapers)
JEL-codes: O3 O32 (search for similar items in EconPapers)
Date: 2025
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