In a two-part series, I introduce the Enterprise Capital Gate, the AI GPS’s companion instrument. The Gate is used for AI project capital decisions to address specific risks. Decisions are based on the project’s innovation horizon and stage. The Gate’s mechanics come from venture capital and corporate innovation portfolio practices.
Many corporations are starting their #AIjourney in the wrong way. They make two mistakes. First, they lack an #AIstrategy. Second, they don’t engage the right members of their senior management teams in their AI decisions. As they face skyrocketing AI charges, #CFOs find themselves in the middle of a tug-of-war among the corporation’s various organizations. I describe a four-graph #dashboard that acts as the corporation’s #AIGPS. The CFO owns the dashboard. The executive team uses the dashboard to monitor AI strategy’s performance, and the CEO uses it to communicate the corporate AI efforts.