Many AI Prototypes are Falling Flat. Here's Why and What to Do About It.
Marco Bombardi Marco Bombardi

Many AI Prototypes are Falling Flat. Here's Why and What to Do About It.

In the article "Many AI Prototypes are Falling Flat. Here's Why and What to Do About It.", the prevalent challenge of underperforming AI prototypes in the business-technology landscape is explored. The core issue is identified as an overreliance on generalist Large Language Models (LLMs) like GPT-4, without adequate customization for specific business contexts. The article emphasizes the crucial role of customization, advocating for tailoring AI to meet the unique needs and nuances of individual businesses. This approach, combined with setting clear, measurable goals for AI projects and integrating AI into corporate structures ethically and effectively, is presented as a key strategy. The piece concludes by highlighting the importance of collaboration with experienced product and software engineering teams, moving beyond traditional IT methods, to fully realize the potential of AI in business applications.

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 Unlocking Consulting Value Through Software Products
Marco Bombardi Marco Bombardi

Unlocking Consulting Value Through Software Products

In the dynamic world of consulting, leaders continuously seek avenues for growth and diversification. One promising strategy is the development of proprietary software products that encapsulate a firm's expertise and values. For instance, a consulting firm specializing in supply chain management can leverage its accumulated knowledge to create a software solution, providing numerous benefits like diversified revenue streams, enhanced scalability, and increased valuation. Such software can also foster strategic partnerships, deepen client relationships, and bolster brand recognition. Additionally, it opens up potential exit opportunities, such as acquisitions. Collaborating with experienced venture studios can further streamline this journey, minimizing risks and maximizing the potential for transformative growth in the consulting sector.

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Revitalizing Corporate Innovation: The Venture Studio Approach
Marco Bombardi Marco Bombardi

Revitalizing Corporate Innovation: The Venture Studio Approach

In a fast-changing business landscape, fostering innovation is crucial for both corporate sustainability and competitive advantage. The rigidity of traditional corporate structures often hampers creativity, necessitating a shift towards more agile, lean startup cultures. A more profound approach, Corporate Venture Building (CVB), takes innovation further by addressing not just product creation but also market strategy and scaling. The engagement with external venture studios enhances this innovative trajectory by offering fresh perspectives and resources, thus accelerating the process of creating market-ready ventures. This meld of external expertise with an internal culture receptive to innovation cultivates a robust ecosystem, propelling corporations towards a sustainable, competitive future in a digitally disrupted market. Furthermore, this innovative framework isn't confined to large corporations but extends to Small and Medium Businesses (SMBs), providing an alternative to the often resource-intensive Mergers and Acquisitions (M&A) route, thereby fostering continuous improvement and adaptability essential for navigating the modern, fast-paced business environment.

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English and Remote-Compatible Skills: A Pathway Out of Poverty
Marco Bombardi Marco Bombardi

English and Remote-Compatible Skills: A Pathway Out of Poverty

Despite current conflicts, the globe continues to become increasingly interconnected. In this context, the fusion of English proficiency and specific digital skills stands out as a promising avenue for individuals in less privileged regions. English, an essential tool in global business, along with expertise in IT, digital marketing, and customer support, has the potential to unlock remote work opportunities, narrowing socio-economic divides. Mentorship remains pivotal in hastening skill development, furnishing learners with practical insights and expansive industry networks. Additionally, the strengthening partnerships between businesses and remote independent contractors bring forth mutual advantages. These collaborations not only equip companies with a varied talent reservoir but also carve out routes for lasting economic progress in underrepresented regions, steering towards a harmonized global economic landscape.

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