Today’s startups have an advantage with the rising popularity of artificial intelligence (AI) to enhance productivity and ensure data-driven decision-making. Even small businesses and solopreneurs find they can use AI to free up their time to reach new clients or come up with creative solutions.
Here are some of the ways you can integrate AI into your startup operations to accomplish more in less time.
Studies on AI and productivity are mixed, with lower-skilled workers having the biggest increases. One study showed call center workers experience a
However, when researchers looked at the impact of how quickly entrepreneurs completed tasks, they found no statistical difference. The takeaway is that AI works well for automated functions and speeds up the process, but not as well for highly creative jobs. Delegating routine duties to a machine may allow you and your team to be more productive in other areas.
Machines can sort through massive amounts of data in mere minutes, spitting out reports that allow you to make the smart decisions that drive startup growth. You can even use analysis to determine whether AI is benefiting your company in specific areas. Dole out the tasks that show significant increases and leave others with those who have the human expertise to manage them.
The cost of finding talented employees is measured by more than just the fees paid to place an ad or onboard a new worker. All the time a position sits unfilled can harm your bottom line. It’s also difficult for the rest of your staff to remain productive if they’re filling the gap from someone leaving the company.
Anything you can do to keep your skilled workers enhances the knowledge base of your brand and adds to productivity numbers. If you want your employees to stick with you for the long haul, they have to trust you have their best interests at heart.
Employee engagement is low for many companies. Around
Hiring enough call center operators to talk to customers can be challenging at a time when it’s hard to find excellent employees. One way AI helps startup operations is by tapping into the power of intelligent chatbots to engage those seeking answers through live website chats.
You can program your bots with standard answers for the most common questions. However, many of today’s AI programs also learn the more you use them. Therefore, as customers ask similar questions and engage with your bots, the customer service will improve each time. The machine learns what users want and how to solve common problems. You can also program it to send them to a live agent when necessary.
Training representatives on how to step in and use data from the bots so customers only have to state their problems once enhances the service and brings new skills to your workforce. You can also use
Tapping into AI can help marketing and sales teams create more personalized experiences for users. Rather than spending days digging through data, they can run a report and find patterns instantly. When you know your customers’ pain points, you can create better sales campaigns in less time.
AI can also give salespeople a script, utilizing data based on what works to sell to business owners or consumers. Tweaking the language could take a human hours, but AI can sift through the possibilities rapidly.
Machines are getting smarter, and the ways society uses them to run businesses and households are changing daily. Using AI to measure the impact is the next step in the evolution of machine learning. Once you know how computers step in and take over the tasks that let your workers be more efficient, it’s easier to implement AI in the areas that will boost your company's growth.