AI’s Real Power: Reinvention, Not Replication
Last week, I reminded you that every wave of technology innovation is followed by a wave of companies using the new technology to simply automate their old ways of doing business.
Today, I’m offering a practical process to help you avoid this trap—especially as you put AI to work.
STEP ONE: Apply AI’s new capabilities to a much simpler business than yours. Before you ask your team to think about how to apply AI in your own business, start by practicing on a much simpler business (for example, a dog grooming or lawn service business).
As a group, list the ways today’s AI tools could enhance that business: from automating scheduling, to personalizing customer communications, to using computer vision for quality checks or using AI to help customers visualize what you can create for them.
Don’t skip this step. When employees focus on your own business too soon, they're often constrained by existing beliefs, assumptions, and organizational anxieties. Exploring AI in a low-stakes, neutral setting unlocks creativity and broadens perspective—so when they shift focus back to your real business, they’ll be thinking more boldly
STEP TWO: Reimagine your business. Take what you learned in the previous step and identify potential AI innovations that could transform your business. Consider BIG goals, and don’t be constrained by what you do now. Ask:
What do customers truly need? (even if they haven't voiced those needs)
What value could we provide if we started from scratch?
How can AI help us revolutionize what we do?
This step is about expansive thinking. Let go of “how we’ve always done it” and instead imagine radically different approaches.
STEP THREE: Reality-check your ideas. With a list of bold ideas in hand, it’s time to get real. Identify the capabilities you will need to implement any of your big ideas. What will it take to pull off such a big leap forward?
Understand the potential positive impact of each initiative as well as ways in which it may make things worse (Example: many proposed AI initiatives automate tasks now done by junior employees, which raises the question of how firms will recruit and develop mid-level employees).
STEP FOUR: Decide which ideas to pursue, and map the next steps. Once you've grounded your bold ideas in reality, it's time to decide which ones are worth pursuing. Focus on those that deliver the greatest value to your customers—and set you apart from the competition. Then, lay out a clear path to test, learn, and scale the ideas with the most promise.
Bottom Line: Don’t use AI to automate what you do now. Instead, look for ways to improve the value your company brings to the world.
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I help successful leaders and their teams agree on what needs to change and how to make it happen. I am the author of Fearless Growth and The Agility Advantage.
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Inc 5000 CEOs Leading the Future with Executive Abundance | Exec Coach: Marshall Goldsmith’s 100 Coaches | Top 16 Leadership Voice | 2x TEDx Speaker | Intl Bestseller 65 Books | x-Public Board Member
6dSuch a smart framework Amanda. The real opportunity with AI isn’t in replicating old processes faster—it’s in reimagining how we create value from the ground up. When we start with curiosity and bold thinking, we unlock possibilities we’d never see by staying inside the lines.
Entrepreneur | Author | Keynote Speaker | Peak Performance Coach | Mountaineer | 100 Coaches Dr. Marshall Goldsmith | Ex-Chapter President - EO MEPA Bridge
1wI love the transition from step 1 to step 2 which is so much more expensive and less limiting Amanda Setili. Brilliant concept to bring in a wider range of possibilities.
Executive Coach, Business Advisor, Leadership and Career Expert, Speaker, Facilitator, Author of the USA Today National Bestseller "What Lights You Up? Illuminate Your Path and Take the Next Big Step in Your Career"
1wI love the idea of looking at the ways that your organization brings value to the world Amanda Setili! Thank you for your insights!
Championing disruptive innovation for sustainable, and substantial results | Global Transformations | Senior People and Operations Executive | Executive Coach | C Suite Partner | Ex McKinsey
1wLove this three step approach Amanda. I would encourage those exploring step three to be bold with their calculated risk taking and experimenting. There is a lot that can be tested and optimised before taking the big (no longer scary) plunges.
CEO at The Leaders Alliance | Keynote Speaker | TEDx Speaker | Board Member | Investor | Judge | Mentor
1wAmanda Setili excellent points! It’s often not the technology but its application that makes the most difference. Very interesting!