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The Traditionalist

The Traditionalist is wary of the rapid integration of AI into core investment promotion functions. This individual is concerned that over-reliance on AI could lead to a depersonalized approach and potentially alienate key investors who value direct human contact. 

The Traditionalist

View on AI: Cautious and somewhat resistant; worried about losing the personal touch in investor relations. 

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The Traditionalist Profile Perspective on the Use of Gen AI in Attracting FDI

Agenda:

 

The Traditionalist in an Investment Promotion Agency (IPA) is primarily focused on preserving the human elements that underpin successful investor relations and engagements. Their agenda revolves around maintaining and enhancing personal interactions and traditional engagement methodologies, despite the push towards incorporating more AI and technology. The Traditionalist is cautious about adopting generative AI, concerned that it could depersonalize relationships and reduce the effectiveness of personalized service which they believe is key to attracting and maintaining foreign direct investment. 

 

Strengths: 

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  • Relationship Building: The Traditionalist excels in personal relationship management, understanding the nuances and importance of face-to-face interactions. 

  • Deep Institutional Knowledge: Often holding extensive experience and understanding of traditional processes, they provide valuable insights into what has historically worked well. 

  • Stability and Consistency: Their cautious approach ensures that changes are implemented thoughtfully, reducing the risk of disruption to ongoing operations and relationships. 

 

Weaknesses: 

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  • Resistance to New Technologies: Their cautious nature can sometimes hinder the agency’s ability to adopt innovative tools that could potentially enhance productivity and strategic reach. 

  • Slow Adaptation: Traditionalists may be slow to adapt to new market dynamics that require more agile and technology-driven responses. 

  • Conflict with Innovators: There can be tension between Traditionalists and more aggressive innovators within the agency, potentially leading to conflicts or stalled projects. 

 

Frustrations: 

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  • Perceived Over-Reliance on Technology: They are often frustrated by what they see as an over-reliance on digital solutions, which they believe can undermine the human aspects of business. 

  • Loss of Personal Touch: Concerned about AI technologies that might automate tasks traditionally performed by humans, leading to less personal interaction with investors. 

  • Pressure to Modernize: Feeling pushed to adopt new technologies without sufficient proof of their long-term value in enhancing relationships. 

Collaboration with other Profiles

3 Tips for Collaborating with The Optimizer on a Task Group:

 

  1. Highlight Efficiency Gains and ROI: When proposing ideas or solutions within the group, focus on how they can improve efficiency or result in cost savings. Be prepared with data or case studies that demonstrate the potential return on investment from implementing AI-driven strategies. 

  2. Set Clear and Measurable Goals: The Optimizer responds well to clear, quantifiable goals. Define what success looks like for each stage of your project, and ensure these goals are aligned with the overall objectives of enhancing efficiency and effectiveness.

  3. Communicate in Terms of Strategic Advantages: When working with an Optimizer, frame discussions around how AI can strategically position the agency to capitalize on new investment opportunities. Discuss how AI tools can lead to smarter resource allocation and better forecasting, thus enabling the agency to stay ahead of the competition. 

 

By understanding and leveraging the strengths and preferences of The Optimizer, colleagues can ensure a more harmonious and productive collaboration. This ensures that AI projects not only lead to immediate efficiency gains but also align with broader strategic goals, ultimately enhancing the agency's ability to attract and manage foreign direct investment effectively. 

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3 Tips for Collaborating with The Innovator on a Task Group: 

 

  1. Encourage Exploration and Creativity: When working with an Innovator, provide space and resources for exploration and experimentation. Encourage idea generation sessions and pilot projects that allow them to test out their ideas, even if these don't always lead to immediate results. 

  2. Balance Enthusiasm with Practicality: Help them strike a balance between their visionary ideas and the practical aspects of project implementation. Assisting them in building detailed action plans and setting realistic timelines can ensure their innovative projects are grounded and achievable. 

  3. Support Risk-Taking Within Reason: To collaborate effectively with an Innovator, advocate for a culture that tolerates calculated risks. Help set up guard rails and monitoring systems that allow for innovative projects to be tested safely without exposing the organisation to undue risk. 

 

 

By understanding and aligning with The Innovator’s forward-thinking approach and preference for cutting-edge solutions, colleagues can effectively harness their creative potential. This collaboration will not only foster a more dynamic and innovative environment but also propel the agency toward achieving significant advancements in the use of AI for investment promotion. 

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3 Tips for Collaborating with The Guardian on a Task Group: 

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  1. Provide Detailed Information: When proposing the use of AI technologies, provide comprehensive details about the tools, their sources, what data they will use, and how they will use it. Ensure that all documentation is thorough and that data handling complies with both internal and external regulatory requirements. 

  2. Engage in Open Dialogue: Foster an environment where The Guardian feels comfortable expressing concerns and suggestions. Encourage them to articulate their worries and work collaboratively to address them, ensuring that their insights are valued and considered in decision-making processes. 

  3. Highlight the Benefits of Ethical Practices: When working with The Guardian, emphasize how ethical AI practices can enhance the organization's reputation, build investor trust, and lead to more sustainable and secure business operations. Frame discussions around the long-term benefits of ethical considerations rather than just the short-term gains.

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By understanding and valuing The Guardian’s commitment to ethics and security, colleagues can ensure that the agency’s use of AI not only advances its capabilities but does so in a manner that is secure, transparent, and aligned with the highest standards of corporate responsibility. This collaborative approach helps mitigate risks and build a strong foundation of trust with all stakeholders. 

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3 Tips for Collaborating with The Realist on a Task Group: 

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  1. Balance AI Proposals with Practical Outcomes: When working with a Realist, frame AI solutions in terms of practical benefits and real-world applications. Ensure that proposals are grounded with clear, realistic outcomes that enhance, rather than complicate, the existing processes. 

  2. Involve Them in the Evaluation Process: Leverage their critical thinking skills by involving them in the evaluation and testing phases of new AI tools. Their input can be invaluable in assessing the effectiveness and practicality of new technologies. 

  3. Acknowledge and Address Their Concerns: Listen to and address their concerns about AI integration. Demonstrating an understanding of their points can help in fine-tuning solutions that they will be more comfortable with and supportive of. Make it clear how AI implementations will not diminish the importance of human skills but rather augment them. 

 

By appreciating The Realist’s perspective and integrating their pragmatic views into AI deployment strategies, IPAs can ensure that new technologies are adopted in a thoughtful manner that respects both the potential of AI and the value of human expertise. This balanced approach can help in crafting AI strategies that are both innovative and grounded, leading to sustainable growth and enhanced investor relations. 

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​IPA Role Specific Profile Insights:

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The LEVEL 1 SESSION 2 Work Sheet for the AI FDI GENERATOR Course includes IPA role specific insights for each profile.

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LEVEL 1 utilises the framework of the five profiles to provide summary reflections of the sessions comprising a question, key takeaway and prompt.

Return to The Optimizer Profile

AI Navigator IPA Training Programme

LEVEL 1 SESSION 2 of the AI FDI GENERATOR Course includes resources to help you build a Gen AI staff engagement programme for your Investment Promotion Agency using a combination of open dialogue sessions, scenario-based workshops, and other collaborative techniques. 

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