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Change Your Thinking About AI ROI
AI is helping to reshape aspects of the service experience and its economics, and with it, the way you’re likely thinking about return on investment. We are at a critical impasse in CX where new types of interaction models can be deployed to drive unprecedented levels of service.
The upside is significant, but many AI business cases live or die on labor cost: heads removed, or attrition not backfilled. It’s often the
only lever a CFO finds credible, and the one you can (theoretically) bank up front. But labor is the floor of AI value, not the ceiling. And actually realizing those benefits? Not easy! This explains some of the dismal press that AI has received around ROI.
AI is not some get-rich-quick scheme through head count reduction. AI fundamentally shifts the operating model and changes what we expect from talent. Reduction has validity, but redeployment unlocks greater value.
Redeployment is a management allocation decision. You can bank freed capacity as savings (the headcount story), or you can treat it as an investment fund and redeploy it into work the human was never doing. The latter requires visionary management and a true business – technology partnership.
1. Why the model changes: A fundamental shift in the CX model.
AI is reshaping how many organizations approach sales and service models. Organizations can use AI tools to deliver new experiences at greater efficiency, with deep data-driven understanding. AI can help agents not only be more effective, but also truly provide differentiated touches and help with new use-cases.
The ability to do more with less opens up long tail effects that are now worth going after. A well-structured AI program can realize lower cost to serve, allowing humans to flex into new roles and most importantly allow CX to evolve into the new era of where it should be.