AI For Startups: 5 Steps To Drive Growth & Achieve Operational Excellence For New Entrepreneurs
By Ranga Reddy
While debates about the challenges of Artificial Intelligence (AI) adoption continue, there is no denying the impact it has on shaping the success of businesses. AI's impact is seen across all levels of an organisation, from strategic decision-making to operational efficiency on the ground. For new entrepreneurs, AI is a powerful enabler of operational excellence, competitive advantage, and future readiness. However, to capitalise on the potential of AI, startups will need to first drill down, why they need AI, where it is needed the most, and what problems AI will solve for them.
Here are five essential steps to meaningfully AI-enable your company from day one:
Align AI initiatives with clear business goals
AI adoption should begin with an enterprise-wide discovery of real, high-impact problems that AI can address. Every initiative must be tied to measurable business outcomes and ROI. Organisations sometimes pursue AI for the sake of it, only to realise later that the outcomes could have been achieved without it.
This results in minimal returns and diluted interest. To build momentum for broader AI adoption, the AI initiative should neither be too complex nor too straightforward. A balanced approach is the key while choosing an AI initiative. Start with enterprise-wide discovery of areas where AI can bring in quality, productivity, and speed.
Build a data-ready foundation
Look at data and curate enterprise data in a way that AI initiatives can consume it in a risk-free manner. Entrepreneurs should conduct a thorough audit of both structured and unstructured data to assess quality, accessibility, and relevance.
A strong data governance framework ensures traceability, regulatory compliance, and long-term scalability.
High-impact pilot projects
A small-scale pilot, like an AI-driven customer support or predictive analytics, is a good start as it will demonstrate value. Partner with a domain-aware expert who has the requisite technical ability to guide execution across functions.
A dedicated program office must be set up to track enterprise-wide AI initiatives, monitor outcomes, and ensure continuous improvement. A structured pilot approach enables organisations to scale AI adoption with confidence.
Invest in team training and cross-functional collaboration
AI enablement depends as much on people as on technology. Organisations must invest in team training that includes technical expertise, industry exposure, problem-solving skills, change management, and a continuous learning mindset. Focus on building an AI-ready culture where teams are encouraged to view AI applications from a business outcomes perspective.
Cross-functional collaboration should be promoted for AI solutions to be scalable and aligned with enterprise goals. Recognising internal AI champions will help in building grassroots momentum and accelerate the adoption of AI.
Choose appropriate AI tools
Choose platforms that allow integration of multiple LLMs or SLMs, offer built-in AI governance, and provide strong data security along with ease of use. The platform's accuracy and cost-efficiency are also crucial for a successful implementation. Embed ethical AI practices from the beginning by ensuring transparency, human oversight, and adherence to data privacy laws.
Collaborate with technology providers who are willing to co-create, co-invest, and introduce curated solutions from the marketplace to support scale and growth. The partners' domain expertise is essential, as the focus should be on AI application rather than just technical knowledge. Since AI advances rapidly, a careful approach to selecting partners, platforms, and tools will help reduce risk.
(The author is the Co-founder and CEO of Maveric Systems)
Disclaimer: The opinions, beliefs, and views expressed by the various authors and forum participants on this website are personal and do not reflect the opinions, beliefs, and views of ABP Network Pvt. Ltd.
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