PODCAST: S3:E05
Today’s Guest, Geoff Woods
Geoff Woods is the author of the #1 international bestseller “The AI-Driven Leader” and founder of AI Leadership, where he helps leaders leverage AI to accelerate growth while escaping operational overwhelm. As the former Chief Growth Officer of Jindal Steel & Power, he helped grow their market cap from $750M to over $12B in just four years. Prior to his AI focus, Geoff co-founded the training and consulting company behind “The ONE Thing,” where he worked with companies ranging from $10M to $60B in revenue. His unique background in growth strategy and leadership development allows him to bridge the gap between traditional business leadership and AI implementation.
Interview Takeaways:
1. The Three Core Ways AI Brings Value
AI can only deliver business value in three ways: making people more productive, making operations more efficient, and making products and services more valuable. This simple framework helps leaders focus their AI implementation efforts on areas that will drive real results rather than getting distracted by shiny new features.
2. The 10X vs 2X Growth Strategy
Based on Dan Sullivan’s concept, achieving 2X growth requires changing only 20% of current operations, while 10X growth demands stopping 80% of current activities and elevating the core 20% that drives results. AI serves as a powerful tool for this transformation, allowing leaders to delegate the 80% while enhancing their essential 20% activities.
3. Strategic AI Model Usage
Geoff reveals a powerful tactical approach using different AI models for better results. He recommends using ChatGPT 4.0 to write instructions that are then fed into ChatGPT 0.1 for superior prompt creation and deeper reasoning. This layered approach significantly improves the quality of AI outputs.
4. Leadership Starts with Self-Leadership
Before rolling out AI across an organization, leaders must first develop their own AI competency. This doesn’t mean becoming a technical expert, but rather gaining enough foundational understanding to cast a vision for how AI will transform their organization. Leaders should start by using AI themselves for the 20% of tasks that drive 80% of results.
5. The AI Implementation Sequence
Start small with key leaders at the top who can build proficiency and see the potential. Once they can “see in color” rather than black and white, they can identify which team members to train next and which processes have the greatest opportunity for AI enhancement. This measured approach prevents overwhelming the organization.
6. AI as Enhancement, Not Replacement
Throughout history, technological disruptions have created more jobs than they displaced. AI will change the skills we apply and processes we follow, but it won’t replace human creativity and strategic thinking. Leaders should focus on using AI to enhance their core strengths rather than viewing it as a threat.
7. Practical Implementation Strategy
Start by placing a sticky note on your desk asking “How can AI help me do this?” This simple prompt helps identify opportunities throughout the day where AI could add value. When you spot an opportunity, use the CRIT framework: provide Context, assign a Role (expertise), have it Interview you, and specify the Task.
8. Real-World Impact Examples
Geoff shared several powerful case studies, including how AI helped save a manufacturing company from bankruptcy by identifying non-obvious debt restructuring strategies, and how it transformed board meeting preparations from months to hours by creating an “AI Board” that could anticipate and prevent potential issues.
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About The Show
Business Processes Simplified
We interview industry experts and have them share their best small business systems and processes. This is the quickest, easiest and most efficient way to build a systems centered business.
