Business News of Wednesday, 2 April 2025
Source: www.ghanawebbers.com
**AI: A Business Necessity**
In today’s digital world, AI adoption is essential. Businesses that ignore AI risk falling behind. Those that embrace it will gain a competitive edge.
A key part of the workshop was the ROSS Model. John Kamara, CEO of Adanian Labs, introduced this framework. It helps businesses use AI effectively by:
- Aligning AI initiatives with business goals to drive ROI.
- Scaling solutions through agile, data-first strategies.
- Ensuring governance and IP protection for innovation.
**Key Insights from the Workshop**
Participants learned how to build purpose-driven AI solutions. They discussed using internal data to enhance customer experience and efficiency.
**AI Governance and IP Management**
As AI adoption grows, companies must address ethical issues. Data sovereignty and compliance are crucial for building trust.
**Developing In-House AI Expertise**
To lessen reliance on vendors, companies should develop internal capabilities. The workshop provided tools to help teams improve their AI skills.
**Speed as a Competitive Advantage**
AI-driven businesses need agility to keep up with market trends. They must respond quickly to changing customer expectations.
**Industry Leaders Weigh In**
John Kamara emphasized an integrated approach to AI. He stated that success involves combining people, data, and technology seamlessly.
Gideon Ataraire highlighted AI as a strategic enabler for growth. He noted that Cardeon Consulting Africa aims to equip professionals for the AI era.
**Why This Matters for Africa’s Future**
With 60% of Africa's population under 25, harnessing AI is vital. It will drive economic growth and innovation on the continent.
Financial institutions must lead in promoting financial inclusion and customer-centric models.
**Next Steps: Shaping Africa’s AI Future**
The workshop marks the start of a movement toward enterprise transformation through AI. CIB Ghana, Cardeon Consulting, and Adanian Labs are committed to empowering businesses with ethical and impactful strategies tailored for Africa.