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Balancing Innovation And Practicality For Real-World Impact
In today’s dynamic ICT innovation landscape, the fascination with Artificial Intelligence (AI) and Machine Learning (ML) often propels us into a realm of endless possibilities, igniting our imaginations.
However, the true challenge lies in maintaining a connection with the practicalities of ground-level implementation. The failure of numerous startups can be attributed to the gap between ambitious aspirations and the tangible reality of revenue generation. Thus, striking a balance between innovation and grounded execution is crucial for lasting success. Is Twiga Foods a fitting exemplar?
The fact is, some corporate boards are still wrestling with ERP, colloquially known as the basics. Many have not fully realized the process benefits of these investments, if at all. In this context, the allure of a new generation of DevOps magicians, with their promises of seamless integration and expedited development cycles, is quite appealing.
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The challenge, then, is to continually navigate the evolving technological landscape with clarity, ensuring that enthusiasm for innovative methodologies is in harmony with an organization’s practical requirements.
It is crucial to acknowledge that, unless we firmly believe AI will outshine the groundbreaking contributions of business titans such as Hasso Plattner at SAP and Larry Ellison at Oracle, it would be prudent to steer clear of fantasies that could lead ICT investment astray into an unfathomable abyss.
Concentrating on tangible, solid strategies offers a more secure and enlightened path to technological advancement. The message for the new wave of AI-enhanced innovators is straightforward: While Amazon’s triumph was born of an ingenious idea, it may not be the definitive template for all solutions—for instance, delivering fresh vegetables to consumers at a daily affordable price.
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Innovation demands deliberate consideration and customization; a generic approach is unlikely to be effective in every situation. Reflect on your venture’s unique requirements and adjust your strategy accordingly. Proficiency in these tools does not assure that you will become the next Elon Musk, create a Tesla, or soar to the moon with SpaceX. It is essential to set attainable goals and judiciously apply technology, as this will pave the way to substantial progress. Focus on practical applications and steady improvement—and bring this perspective to the boardroom.
*Serge Blockmans is a Business Transformation Expert at EPI-USE East Africa Ltd.