This week, we had the privilege of hearing from Ross Hartman, an artificial intelligence expert and Vistage’s speaker of the year. Ross, representing his company Kiingo.com, shared invaluable insights on leveraging generative AI to enhance our businesses.

Ross offered a fascinating analogy: think of generative AI as a very smart intern you’ve hired for the summer. This intern is brimming with energy and excels at research but needs guidance and good questions to perform at its best. It’s not just about having an AI tool; it’s about interacting with it effectively to get the most out of it.

Generative AI shines in problem-solving and brainstorming, whether tackling tactical issues or strategic challenges. Imagine having an assistant who can help you brainstorm new ideas, devise strategies, and solve complex problems. The key is to treat AI like a collaborative partner, engaging with it and directing its efforts toward meaningful tasks.

One area where AI can significantly impact is summarizing industry news. In our fast-paced business world, staying updated with the latest trends and developments can be time-consuming. AI can quickly summarize news and trends, giving you the information you need without the time sink.

Automation is another powerful application of AI. Many business processes are inefficient, error-prone, or time-intensive. AI can automate these processes, increasing efficiency and reducing the risk of human error. Whether it’s data entry, scheduling, or customer service, AI can handle repetitive tasks, freeing your team to focus on more strategic activities.

And here’s an important takeaway for those looking to enter or advance in the workforce: 91% of hiring managers are now seeking candidates with experience in tools like ChatGPT. The demand for AI proficiency is skyrocketing, and having these skills can make you a highly attractive candidate in today’s job market.

Ross’s insights underscore the transformative potential of AI. It’s not just a futuristic concept; it’s a tool we can use right now to streamline operations, enhance decision-making, and stay ahead of the curve. By treating AI as a collaborative partner and leveraging its capabilities, we can drive our businesses forward and create more value for our teams and customers.

As business leaders, it’s crucial to embrace these technological advancements and integrate them into our strategies. The future of work is here, and AI is a central part of it. Are you ready to harness its power and lead your organization into the future?