Have you ever considered what happens to your data and intellectual property when you enter it into an AI tool?
Or how your clients may be using AI with your proprietary data from your courses or programs?
AI is an incredible tool but it's important to understand how to protect your intellectual property and ensure your contracts reflect this new reality. In this episode of the Lean Out Your Business podcast, I dive into the evolving role of AI within business operations. I break down the mistakes that businesses make with AI and share insights on how to leverage it effectively to simplify processes, save time, and cut costs.
I also share practical AI applications for strategic planning, systems creation, team enhancement, and gaining business insights. Whether you’re a founder or a team member, this episode is packed with actionable tips and essential considerations for integrating AI into your business operations.
Throughout this episode, I cover:
- Key areas where AI can improve business operations
- Things to consider to protect your intellectual property
- The importance of updating contracts for AI use
- How to educate your team about safe and secure AI usage
- Time and money-saving ways to leverage AI beyond content
Tune into Episode 177 of the Lean Out Your Business Podcast or keep reading below.
AI in Your Business
AI can do SO much, and there are so many ways we can use what AI generates as a springboard for ideas and creative thinking. Why not use AI to support with strategic planning, defining and creating systems, or structuring teams? For instance, AI can help create standard operating procedures (SOPs) quickly, freeing up time for your team to focus on creative or strategic thinking.
Using AI as a tool to execute some routine tasks you can create space for you and your team to work on what truly matters. For more ideas on how AI can save your business both time and money, be sure to visit this article.
AI for Business Metrics
AI excels when it comes to collecting KPIs, OKRs, and other financial data, offering invaluable insights for businesses.
However, with so many AI tools, it's easy to feel lost. In my business, I stick to four or five key AI tools and am sure to also use AI integrations in tools like Monday and Miro. I make sure my team not only knows how to use these select AI tools but also how to best use them to make tasks flow easier.
This focused approach simplifies AI integration by focusing on a few effective tools that save time.
Securing Your Data and Intellectual Property
When implementing AI in your business, safeguarding privacy and intellectual property is essential. Some examples of best practices would be to update contracts to address data usage and educate your team on risk management.
Additionally, free versions of AI tools may lack security measures, so investing in a few key tools that will consistently support you and your team is a great starting point. If you want to learn more about protecting your intellectual property and data, be sure to visit this article for practical tips and information on how to do so.
AI offers a multitude of benefits that can take your business to the next level. Remember, the key to a successful AI implementation lies in keeping things simple, staying informed, and always prioritizing data security.
For access to the workbook that accompanies this episode as well as a list of AI tools I use, you can sign up for our weekly newsletter at leanoutmethod.com/insider.
If you want to learn more about AI, visit strategicopsinstitute.com/ai where you will find all the info you need to run an AI-enabled business.
by Crista Grasso
Crista Grasso is the go-to strategic planning expert for leading global businesses and online entrepreneurs when they want to scale. Known as the "Business Optimizer", Crista has the ability to quickly cut through noise and focus on optimizing the core things that will make the biggest impact to scale a business simply and sustainably. She specializes in helping businesses gain clarity on the most important things that will drive maximum value for their clients and maximum profits for their business. She is the creator of the Lean Out Method, 90 Day Lean Out Planner, and host of the Lean Out Your Business Podcast.