Find your Gen AI sweet spot to prioritize new opportunities and activate quick wins
Assessing use cases based on criteria like productivity gains, cost savings, revenue prospects, ethical considerations, and competitive differentiation equips businesses with the tools to spot quick wins, bold innovations, and strategic ventures that align with their specific objectives and risk tolerance levels. This enables them to prioritize and focus on high-impact opportunities, while simultaneously addressing possible risks and compliance issues, leading to a successful Gen AI implementation. The 4E framework (Economics, Edge, Extensibility, and Exposure) offers businesses a comprehensive approach to prioritizing and assessing the value of potential Gen AI use cases. Businesses can amass valuable insights to aid informed decision-making through these critical lenses.
Prioritize and Measure with 4E framework
• This framework helps prioritize and evaluate potential use cases for Gen Al based on four critical levers: Economics, Edge, Extensibility, and Exposure. • Assign a score to every consideration and decide on weightage for the levers based on business alignment
E xposure - Assess the ethical considerations and evaluate the impact on privacy, security, and legal/ regulatory compliance.
E conomics - Consider factors such as productivity gains, cost savings, and potential revenue increase.
ECONOMICS
EXPOSURE Sweet Spot
EDGE
EXTENSIBILITY
E xtensibility - Consider broader applicability of use cases with slight modifications and scalability of implementation.
E dge - Assess how a particular use case can differentiate you from your competitors increasing your brand power & cool factor.
Figure 4. The 4E framework
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