As artificial intelligence continues to revolutionize various industries, its potential is undeniable. However, to truly harness the power of AI, organizations must adopt a human-centric approach and implement robust governance frameworks.
Human-Centric AI Approach
To lead effectively with AI, companies should prioritize the human factor. This involves accounting for AI’s impact on jobs and aggressively investing in upskilling and reskilling employees. Cognizant’s philosophy emphasizes using AI to automate tasks within a “human in the loop” model, enabling employees to work smarter and focus on innovation.
Purposeful Governance
Purposeful governance is equally crucial. Organizations must avoid the pitfalls of “shadow IT” by ensuring that AI initiatives are centrally organized and aligned with enterprise objectives. Enterprise-level governance and transparency in AI-supported work are essential to maintain accountability and trust.
Data Quality and Security
Data quality and security form the backbone of effective AI. Leaders must ensure their data assets are centralized, augmented, and responsibly sourced to produce high-quality AI outputs. As AI regulations evolve, robust internal governance will not only ensure compliance but also serve as a competitive advantage.
In summary, to lead with AI, organizations must focus on people and governance. By investing in their workforce and implementing strong governance practices, businesses can drive AI-driven innovation while maintaining trust and ethical standards.
For more insights on leading with AI, visit Cognizant’s blog.
Accelerating Generative AI Adoption in Singapore
Singapore’s businesses are investing heavily in generative AI, with a median spend of $16 million, outpacing the global average. However, many feel they’re moving too slowly, with talent shortages and data concerns inhibiting progress. Still, the goal is clear: boost productivity and unlock new growth opportunities.
Transforming Singapore’s Public Sector for Scalable AI Success
Explore how Cognizant’s ‘Rewire for AI’ approach enables Singapore’s public sector to overcome AI adoption barriers by aligning people, processes, and technology. From building a skilled AI-ready workforce to creating robust data strategies and modernising legacy systems, Cognizant empowers public agencies to scale AI effectively for long-term public impact.