Develop This: Economic and Community Development

DT #589 Unlocking AI ROI: Why Audits Matter - Ashley Canada and Eric Canada


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Summary

In this episode of the Develop This! Podcast, Dennis Fraise is joined by Ashley Canada and Eric Canada for part two of their four-part series on building an AI blueprint. The discussion zeroes in on the critical role of AI audits in shaping a business's technology strategy. Training and governance are central elements integrated with an audit. From identifying broken processes to uncovering hidden inefficiencies, they explain why audits serve as a "health check" for organizational systems. They highlight the importance of understanding operations before implementing AI, measuring ROI to ensure real results, and preparing for common challenges such as disconnected data. Whether you're leading a small business or managing large-scale operations, this conversation sheds light on how AI audits can maximize efficiency, reduce risk, and unlock new opportunities.

Key Takeaways

  • AI audits help uncover inefficiencies in business processes.
  • Understanding operations is a prerequisite for AI success.
  • An AI audit functions like a health check for business systems.
  • Common challenges include broken processes and disconnected data.
  • Measuring ROI is essential for validating AI investments.
  • Skipping audits can lead to wasted resources and missed opportunities.
  • Customer service and marketing are high-potential areas for ROI.
  • Audits often reveal surprising hidden inefficiencies.
  • Training and education are critical to sustainable AI adoption.
  • AI audits apply to businesses of all sizes and industries.
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