Mel Walker, Managing Director and Data & AI Practice Leader at CohnReznick, recently emphasized the need for careful planning and strategic implementation of artificial intelligence in corporate environments. In an interview, Walker highlighted that while AI offers significant potential for productivity and efficiency gains, companies should avoid adopting it indiscriminately. "We've seen a shift in some of our clients' needs where they've come to us and have expanded areas where they need additional support," Walker stated. CohnReznick, which provides accounting, risk management and digital transformation services, has positioned itself as an ideal partner for businesses navigating AI adoption due to its expertise in tax, audit and finance matters.
Walker noted that many clients are currently in the learning and exploration phase, examining what AI capabilities already exist within their current applications. The company helps clients prepare for AI rollouts by ensuring proper policies, processes and data optimization are in place. "Far too often, companies will believe their data is in a good spot and ready for AI, but Walker finds there is always room for improvement. The executive urged companies to adopt a measured approach, advising "Use AI where it makes sense, don't use AI for the sake of AI. I always say kill a fly with a fly swatter, not a sledgehammer." She pointed to existing AI features in platforms like Hubspot for customer relationship management or Salesforce for sales leads as practical starting points for businesses beginning their AI journey.
Regarding adoption rates, Walker predicted a slow and steady approach, particularly among C-suite executives who will likely test the waters before full implementation. Security and trustworthiness will be critical factors in adoption decisions, with questionable or insecure AI applications being rejected. Walker challenged negative perceptions about AI, arguing that fears about job displacement are overblown. "The commentary that AI will steal our jobs is overblown," she stated, predicting that AI will ultimately augment rather than replace human workers. She expressed optimism about AI's potential to improve work-life balance, suggesting "My hope is we get to the four-day work week because of AI."
As AI continues to evolve, Walker emphasized that it represents a permanent shift in business operations rather than a temporary trend. "AI certainly is not going away," she concluded, reinforcing the importance of thoughtful, strategic implementation for long-term success. The implications of Walker's perspective are significant for businesses considering AI adoption, as they highlight the need for proper preparation, realistic expectations, and strategic alignment with business objectives rather than simply following technological trends.
