How to Calculate the ROI of AI
Make better decisions for your early-stage AI project in this 6 week interactive online program!
Overview
Are you struggling to predict and communicate the impact of your AI project? Built upon our highly successful Innovation Accounting program that has helped multiple industries determine the ROI of their early stage projects and ventures. We wanted to provide a place for you to determine the impact for AI projects and ventures.
Testimonials
“For innovators and UXers who are overwhelmed by having to think about finances and accounting and want to learn something applicable to the business context, I would recommend this course. You learn how to construct a model that makes sense for innovators and other parts of the business to facilitate a meaningful conversation.”
My team found the program highly engaging, interactive and very hands-on. The program introduced concepts outside of the standard forecast process which helped to better assess the viability of new projects. This is very useful in an environment of limited resources. A great course for building analytical capabilities!
“The financial modelling provided by Innovation Metrics is the first major advancement in how Startup financial modelling is done since Excel was invented.”
“Coming from a Finance/Accounting background I found the Storyboarding Module very helpful in learning a different way to ascertain and then explain how value is being generated.”
Customers
A Repeatable Process for Early Stage AI Projects
Learn how to apply a repeatable process and gain access to all online resources for one year after the program, ensuring continued support as you implement these frameworks in future AI projects. The main components of the innovation accounting process include:
- Identify Assumptions: Pinpoint the critical factors for your project’s success.
- Construct a Visual Model: Clearly map out between different components and assumptions.
- Build a Hypothesis-Driven Financial Model: Project outcomes and assess growth levers.
- Integrate Uncertainty to Construct a Probabilistic Model: Account for unknowns and asses the probability for impact.
Start applying this process in our next cohort to drive your AI projects forward!
What you get
- Build a model to calculate the most likely outcomes and define the next critical experiment for your AI journey.
- Recognise the levers of growth for your business model and how to take advantage of them.
- Learn how to transform qualitative insights into quantitative forecasts.
- A storyboard or journey map representing your user’s experience.
- Clear quantitative metrics to measure your user’s experience.
- Clear criteria to make a go/no-go decision.
- Peer learning with other AI founders and corporate innovators.
How the Program is Delivered
6 Weeks, 4 Modules, Real Projects
Every week, participants get together for the interactive online workshop for 2 hours and complete 3-4 hours of self paced work/study. We are available for personal coaching and feedback during the duration of the program. Bring your real project!
- Interactive kickoff to introduce the topics and program experience.
- Each module contains a self paced element including learning material items such as:
- Video lectures
- Templates
- Interactive materials or games
- Other supplementary materials
- One year access to all self-paced material for the selected modules including any upgrades.
- Each module contains an 2 hour interactive online session to work on real examples in a peer group with facilitators.
- Unlimited Q&A support during the enrollment month period with email and video responses or in person online.
- Certificates of completion for all program attendees.
