Aligning Al with Business Strategy: Challenges and Opportunities: Artificial Intelligence, Assignment, TP, Singapore

Question 1:

Title: Aligning Al with Business Strategy: Challenges and Opportunities

Critically analyse how businesses can effectively align Al initiatives with their strategic goals. Discuss the potential challenges organizations may face in this alignment process and propose strategies to overcome these challenges. Use examples from case studies discussed in the course to support your analysis.

Key Points to Consider:

• Define the strategic alignment of Al initiatives and its importance. Identify potential challenges in aligning Al with business goals.
• Propose strategies to overcome these challenges.
• Use examples from the case studies provided in the to illustrate successful alignment.
• Reflect on the long-term impact of strategically aligned Al initiatives on business performance.

Question 2  

Title: Measuring and Maximizing ROI in Al Projects

Prompt: Evaluate the challenges and methodologies involved in measuring the return on investment (ROI) of Al projects. Discuss the long-term and intangible benefits of Al that may not be immediately quantifiable. Propose a framework for effectively measuring and maximizing the ROI of Al initiatives in an organization.

Key Points to Consider:

• Define ROI in the context of Al projects and why it is challenging to measure.
• Discuss challenges in measuring ROI, including long-term and intangible benefits.
• Explore different methodologies for measuring ROI in Al projects.
• Propose a framework for effectively measuring and maximizing ROI, incorporating considerations for both tangible and intangible benefits.
• Use insights from the course material and case studies to support your framework.