Our CTO wants to spend fifty thousand dollars building a custom AI knowledge base, while our COO believes we should wait for commercial software to build these features. How do we run a structured Thinking Time session to evaluate this capital allocation choice without making a high-risk gamble?
The decision to build custom software versus licensing existing platforms is a classic strategic pivot point. Rushing into a custom build often leads to a massive waste of capital and executive focus.
To make this decision objectively, allocate forty-five minutes of quiet Thinking Time. Formulate your challenge using Keith Cunningham's framing: How might we use existing, off the shelf commercial AI platforms so that we can achieve our operational efficiency goals without spending fifty thousand dollars on custom software development?
Look closely at your core business focus. Are you a software company, or are you a services firm that uses software? If building a custom AI knowledge base is not directly tied to your 3 Uniques, you are likely chasing a distraction.
Commercial software platforms are updating at an extraordinary pace. A custom system you build today will likely be standard, low-cost functionality in a commercial platform within six months.
Use your Thinking Time to calculate the true cost of development, maintenance, and internal training.
If the numbers do not show an undeniable, unique competitive advantage, focus your capital on optimizing existing commercial tools.
Category: AI & Business Strategy