While working with subscription business leaders in implementing AI-Driven growth for their organizations, I have observed a clear pattern: The hardest part is not really creating AI models (assuming you have a data science team), but effectively operationalizing those models to drive actions and achieve real business value. In my latest article published by Forbes Technology Council I have shared five proven strategies to successfully deploy and operationalize AI models and demonstrate impact. These are based on John Kotter's Leading Change Methodology, and they provide a structured approach to driving transformational change while managing stakeholder expectations. https://lnkd.in/dmRD-NXz These strategies have helped the customer retention leaders with whom I work in navigating AI implementation pitfalls and achieving tens of millions of dollars in increased customer lifetime value (CLV): 1. Assessing analytics maturity and identifying quick wins 2. Creating a business case for AI-enabled transformation 3. Driving proactive retention and improving CLV through the call center 4. Demonstrating business value within the first year 5. Expanding to additional channels and CLV use cases Follow the link in the comments to read the article. If you are a subscription business leader or someone who has implemented AI strategies to drive effective change, please share your thoughts on what worked well for you.
Absolutely brilliant, Vasudeva Akula, Ph.D.! Your insights are truly valuable. 👏
Co-Founder @ VOZIQ AI, Subscription Customer Retention & Lifetime Value Growth
10mohttps://bit.ly/five-proven-strategies-for-ai-driven-success-in-2024