Can you keep up with the competition?
CEOs across every industry have recently awoken to the fact that AI tools are not just optional features they can spice up their business model with.
Over the last couple of months, AI tools such as AI agents have rapidly transformed from unique selling points to the bare minimum level of effort required for keeping up with your competitors.
As such, it is imperative that CEOs across every industry stays abreast of how AI tools evolve and what potential applications they ultimately find in their markets. Below, we explore three recent use cases that are relevant to any executive: employee efficiency and leadership growth.
They Are Making Taking Notes History
While you’re reading this article, somewhere out there a competitor is having a client meeting with every member on their team engaged fully in the conversation while AI takes care of the notes and recording action points.
One particularly well-rounded tool that accomplishes just that is Dialpad’s DialpadGPT which integrates directly into the Dialpad meeting infrastructure. Each user’s audio is handled separately, and the notes reflect who said what and when, which is something that the previous generation of transcription tools often have difficulties with.
Zoom has also added an AI Companion that is now included in each paid Zoom account, and Otter.ai provides a way to have AI join calls on other platforms for offloading transcription duties. Whatever your tool of choice, the lesson here is clear: each and every single one of the smart employees you’ve hired can finally focus on what is being said instead of recording it.
They Are Making Using Internal Resources More Intuitive
Nothing curbs a newly recruited employee's enthusiasm as well as having to log in to an intranet that is as well maintained as a hedgerow maze.
As a result, one of the most obvious use cases for AI is to take the static, outdated and labor intensive intranets and make them organized and intuitively accessible via natural language queries and interfaces that adapt to the user.
In case your organization isn’t fully locked in with one of the intranet-heavyweights, companies like Happeo and Intranet.ai offer ways to leverage AI in (re)building your intranet .
The main draw of AI here is that it promises to not only make intranets more user-friendly but also significantly increases the likelihood of their use in daily operations, enhancing internal communication and information sharing.
Every CEO dreams of having their employees build upon shared knowledge effectively, and with the advent of AI perhaps we’ll finally arrive at a future where staff members run to their intranets to seek solutions instead of finding ways to deal with internal roadblocks.
They Are Becoming Better Leaders
In addition to making their employees more productive, your competitors are already busying themselves with improving their own leadership skills with AI.
On the personal development front, Mentora's LiFT, the brainchild of Columbia Business School’s Hitendra Wadhwa, has emerged as one of the earliest contenders for providing AI-driven coaching tailored to CEOs and other senior executives. Other tools, such as Rocky.ai, and Mem, allow CEOs to use AI in their personal development and goal setting without and emphasis on coaching.
While many of these tools are still in their first iterations, the implications of what we are seeing are tremendous for CEOs, suggesting a future where AI companions become integral to a leaders personal and professional growth, supporting leaders in their efforts to evolve continuously.
The seismic shift we're witnessing in how leaders approach their businesses with the help of an increasingly sophisticated set of AI tools is just the beginning. When deployed correctly, AI isn't just a tool for driving efficiency—it's a catalyst for leaders to revamp they work, lead, and succeed.
As of today, the only wrong way for leaders to use AI is to use none at all.
