AI for leaders: How to make better decisions with GPT4
AI for leaders - better information, better decisions
Today’s post is a guest post by friend of the show, Michael Fraser. Michael is an AI Evangelist and Innovation Strategist at Action Insight. He posts regularly on The Local Model where you can find more of his insights and work using Generative Models to change how companies think about art, workflows, and their future.
Being a leader means making decisions. Lots of them. And each decision is fueled by information. But there's so much information coming to us, it can be overwhelming and cause us to miss opportunities or fail to identify problems. The solution? Tools that can help us quickly transform our messy information into clear, easy-to-understand insights. It's all about making better decisions, faster.
Keep reading to find out how you can use simple approaches to get big results out of AI & GPT4.
GPT can apply any framework to your problem
GPT-4 is an adaptable AI model, capable of learning and applying a wide range of frameworks to various problems. The beauty of this model lies in its flexibility. No matter what framework you choose to use - whether it's a widely known one or a unique system you've devised - if you can clearly explain its structure and rules, GPT-4 can implement it. This allows for comprehensive, diverse problem-solving possibilities, catering to the specific needs and nuances of different challenges. Just remember, the key is clear and concise instruction. With that, GPT-4 can become a dynamic tool in your problem-solving arsenal.
Here are three examples to illustrate:
Facts and Logic: This approach involves separating objective data (facts) from author's interpretation or reasoning (logic) in a given text.
Edward De Bono's Six Thinking Hats: This method applies different 'hats' or perspectives (white, red, black, yellow, green, blue) to analyze an issue comprehensively.
Structured Data: This framework involves turning unstructured information into a structured format like a spreadsheet, useful for data analysis and organization.
Facts and Logic Framework
Good writing often intertwines facts and logic to make compelling and persuasive arguments. As leaders, sometimes you need a clear separation to think through the matter carefully. Just ask GPT to separate them out for you.
First let’s generate an article:
Now let’s ask GPT to transform the same article into Facts and Logic:
The article may not be as compelling to read, but its much better at helping us clearly distinguish what’s going on in their argument. Remember - you can do this with any piece of text you can copy into GPT - news, research, reports - anything.
Edward De Bono’s Six Thinking Hats
Exploring different perspectives is a powerful way to overcome bias, ensuring we consider all angles before drawing conclusions or making decisions. However, even the most experienced leaders can find this challenging. That's where GPT-4 shines, with its ability to adopt diverse points of view based on the context it's given.
A particularly powerful tool for embracing these multiple perspectives is Edward De Bono's six thinking hats framework. My partner at Action/Insight, Kate Bowers, suggested this approach, and it has proven extremely effective. The beauty of using this model with GPT-4 is its ease of application. GPT-4 already understands the six thinking hats and their associated perspectives, allowing you to tap into the breadth of insights this framework offers at will.
By invoking the different 'hats', you can guide GPT-4 to scrutinize a problem from all possible angles, thus helping to combat inherent biases and promoting a more balanced understanding. In short, this tool provides a shortcut to comprehensive, insightful analysis, setting the stage for well-informed, holistic decision-making.
Let’s ask GPT to wear the blue hat and give some advice on this post:
Organize your data into a table or spreadsheet
One of the most powerful ways to transform your data is to have GPT take a long, rambling block of text (e.g. a transcript or customer call) and have it break it down into a structured table with whichever columns you want. Now you can quickly review all the information that was provided in a way that is clear and can support decision making going forward.
Here’s a simple example, recording some details about some children’s books:
This is a very powerful tool for collecting and capturing data that would otherwise be lost, and once you understand this capability you might start seeing a whole world of lost data in your organization. Get collecting!
AI is for leaders
More than any technology in recent memory, AI is a technology that directly benefits you as a leader, no matter what field you are in. It helps you organize your information, transform it into any presentation that suits your purposes, and ultimately leads you to better decisions.
There’s no better time than now to get started.
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