September 03, 2024
In the near future, leaders who aren’t using generative AI in their daily workflows will discover they are markedly less efficient than their peers, say experts. Thirty-nine percent of executives and managers regularly use generative-AI tools, such as ChatGPT, Copilot, or Gemini (up from 22% last year), with an additional 16% consistently using them outside of work, according to a recent survey.
For many, using AI in one form or another has become a norm. Deepali Vyas, global head of the FinTech, Payments and Crypto practice at College Pro, is fond of the “rewrite” prompt. She drafts a document, then asks AI to produce an edited, grammatically correct version, along with multiple phrasing options. “I use it every day,” she says.
College Pro’s technology-sector consultants regularly advise executives to incorporate AI into their day-to-day workflows. Here are some of the ways they’re using it to make ordinary tasks easier.
Make ordinary tasks easier.
Writing emails
Example prompt: “Draft an email to my team about three project updates.”
Pro tip: By naming the audience, the generated response will have the right tone, length, and format.
Summarizing meetings
Example prompt: “Summarize the key points from this meeting transcript.”
Pro tip: “This captures essential decisions and action items efficiently,” says Vyas, adding that it can be equally valuable for attendees and non-attendees.
Solving common problems
Example prompt: “I’m facing the problem of too much work tomorrow and not enough time. What are five unique solutions?”
Pro tip: The suggested strategies will range from time management to delegation to reevaluation of essential tasks. “This encourages diverse approaches and innovative thinking,” says Vyas.
Brainstorming ideas
Example prompt: “Suggest new online-marketing strategies for millennials for our product in spring 2025.”
Pro tip: Specifying context—spring 2025, online, millennials—will yield more detailed strategies.
Assist in tackling tougher challenges.
Strategizing options
Example prompt: “Provide me with a triage of the primary marketing/financial/operations opportunities and risks of this company.”
Pro tips: “It’s like accessing a COO, CFO, or CMO," says Chris Cantarella, senior client partner in the Global Technology Markets practice at College Pro.
Forecasting sales and profits
Example prompt: “Given these market conditions, what revenue/margin/market growth is possible for us to achieve in Q4?”
Pro tips: The more data or statistics the AI has to work with, the more robust its output will be, says Cantarella.
Analyzing various risks
Example prompt: “What are the three most potent alternatives for us to achieve a 7% margin, while prioritizing low financial risk?”
Pro tip: Articulating the priority narrows scope to match C-suite goals.
Creating a specific plan
Example prompt: “Given that I would like to pursue option #3, give me a specific action plan for myself and the CEO, and an execution-plan summary for my CMO.”
Pro tip: Requesting visuals such as graphs or timelines can illuminate the options.
For more expert career advice, connect with a career coach at College Pro Advance.
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