Forbes Partners, a nationally renown investment bank, has reinvented itself. Compared to BAI (Before AI😊 ), they have fulfilled the elusive expectation of technology.
Doing more with less.
During a lunch last week at Jack’s in Arvada, Brooks Crankshaw, the Managing Director of Forbes Partners, shared how their productivity has skyrocketed thanks to Artificial Intelligence. While the specifics of how Forbes leverages Generative AI remain their intellectual property, their overarching framework can inspire many.
At every weekly leadership meeting, they set aside time to discuss how they are practicing AI.
First of all, AI knowledge is not a destination. It is a practice. And practicing means keeping the role of AI assistance at the forefront of their minds in everything they do. During the meetings, each of them shares their AI successes of the week, and each success has the potential to elevate the value of EVERY LEADER at the meeting.
Bob Forbes, the founder, drives this change. As described in the EOS framework, he embodies the rare combination of Visionary and Integrator, seamlessly balancing high-level strategy with hands-on implementation.
As a fractional Chief Information Officer, Allen CIO plays a similar role for our AI clients. We practice being AI Quarterbacks for mid-market manufacturing companies. Acting as a guide during the leadership meeting is only a fraction of the value we bring. It is about changing how a company differentiates itself from its competition by addressing its business challenges with the help of AI. That recipe includes a very specific application of AI empowerment and implementation through every department of the company.
At this monumental time of change, it is clear that
AI doesn’t cost money,
but not appropriately leveraging AI does.
If you know a manufacturing company with revenue above 5MM, we would love to learn more about their business challenges so we can brainstorm the role AI will play it their future success.
