Is your AI project stuck in the pilot stage? The tech works, the team is thrilled, but investors won't approve the budget to scale. Sound familiar? You're likely calculating its ROI all wrong, focusing only on the hours saved.

In this episode of Expansion, we break down a financial model for evaluating AI projects, inspired by IDC's methodology. We explain how to measure not just the direct savings but also the hidden millions in intangible assets: employee satisfaction, decision quality, and brand reputation. Using the JPMorgan COIN case study, which saved 360,000 man-hours, we'll show you how to build a compelling business case for the boardroom.
To turn theory into practice, we've prepared a utility bonus for you: "Google Sheets Template: 'AI ROI Calculator'". This interactive tool will help you calculate the full value of your AI project and convince any investor. This template, along with other exclusive materials, is only available on our Telegram channel. Join and subscribe to get it!
Timestamps:00:04 - Why Your AI Project is Stuck in "Pilot Purgatory"00:37 - Thesis 1: Tangible ROI - The Low-Hanging Fruit01:13 - Thesis 2: Intangible ROI - Where the Hidden Millions Are02:22 - Thesis 3: The Final Formula for the Boardroom02:55 - How to Get Our ROI Calculator & Convince Your InvestorsEnjoyed this episode? Support Expansion!
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Sources & Further Reading:
1. IDC Report: "The Business Value of AI" - https://www.idc.com/getdoc.jsp?containerId=US49354622
2. American Banker: "JPMorgan's COIN saved 360,000 hours of legal work" - https://www.americanbanker.com/news/jpmorgans-coin-has-saved-360-000-hours-of-legal-work-so-far
3.Harvard Business Review: "How to Measure the ROI of Your AI Initiatives" - https://hbr.org/2023/03/how-to-measure-the-roi-of-your-ai-initiatives
Tags:
#AIROI #ROICalculator #AIImplementation #PilotProject #AIBusinessCase #AIinBusiness #ScalingAI #JPMorganCOIN #IDC #aiixpro #ExpansionPodcast #ReturnOnInvestment

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