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How business leaders can utilise generative AI in employee communications

In recent weeks there’s been a number of stories circulating about the demand for Prompt Engineers, one of the hottest new job roles in this fuzzy and sometimes contradictory job market. After all, on one hand, we’re seeing mass layoffs across major tech companies, while on the other we’re witnessing the creation of “AI Whisperer” roles very few had heard of just six months ago.

What’s particularly interesting is the lack of computer engineering or advanced coding expertise these roles are requiring.

It got me thinking – firstly, how soon will it be until it’s commonplace for Prompt Engineers to have an integral seat at the table in all major corporations and if so, in which departments?

And secondly, what generative AI quick wins can business leaders, regardless of their seniority, be using right now in their communications? But how can they do so without losing touch with employees?

Zoning in on the latter, here are three ways the senior leadership at Bud Communications has been using generative AI with employees:

Greater brevity in written communications

Our core business is media relations and we know from industry research that sending a journalist with lead paragraphs of between 50-79 words score the best engagement. But in reality, this need for brevity also applies across our internal communications.

Also Read: Is ChatGPT a great invention or is it being ‘hyped’?

For example, if there’s a new company policy I want to make for the team, it’s likely the draft is convoluted and perhaps a tad dry. I want the team to read this communication and react to it, so I use ChatGPT to condense and pep up the message.

Another example: I’m writing a synopsis for an event’s fireside chat I’m chairing. The process is the same, I want to cut out some of the superlative fluff from my prose, but it requires practice and some trial/error to work out the right prompts to get the optimal outcome.

Aligning teams during complex creative or strategy brainstorms

Creative brainstorms are energising for teams, but unless chaired correctly, the end outcome can be several hours of time and a lot of tangential ideas with no clear way forward. This is no different from strategy meetings, where stakeholders can have conflicting ideas aligned with the goals of their own business units.

For the past 12 months or so, we’ve been using Otter.ai to take meeting notes during virtual and in-person meetings, with the tool capturing notes and generating a summary at the end. Alternatively, for the latter ChatGPT has also proven a useful tool to capture the high-level themes and suggested next steps.

Cranking up the visual quality of storytelling in presentations

Not everyone enjoys creating decks; I am one of them. But then SaaS platforms like Pitch and Canva came along and made the art of crafting engaging presentations actually fun.

Also Read: Generative AI and inclusive branding: Are we there yet?

If you’re a senior business leader, you’ve probably been in a situation late at night, hunched over your laptop trying to think of the most compelling image to ramp up the visual quality of your all-hands meeting presentation.

Canva launched a relatively basic text-to-image AI tool at the end of last year, but one of the generative AI (text-to-image) tools a lot of creatives are getting really excited about is Midjourney. With a few well-written prompts, you’ll have already forgotten about those “smiling employees in the office” stock images you’ve been using for years (personal anecdote).

Don’t leave authenticity behind

The list of use cases goes on, from creating a topline structure for a last-minute presentation to iterating with written headlines to spark new content approaches, like when posting on a company intranet or employee experience app.

The main takeaway from this post is that as a leader, there are some incredible use cases where generative AI can increase efficiency and help you focus on the stuff that matters. But the pitfall is overuse. One of the biggest corporate learnings from the pandemic was that employees crave authentic communication from their leaders, which is unsanitised and most importantly, human.

Tl;dr: use this groundbreaking new technology wisely. Treat it like a cross between a sparring partner and a bit part project manager. You’ve likely spent your whole career honing a communications/leadership style that’s authentic to your personality and values. That groundwork is as important as ever to motivate and inspire your team. 

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Image credit: Canva Pro

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Capria Ventures hits first close of US$100M Fund II

Dave Richards, Co-Founder and Managing Partner of Capria Ventures

Capria Ventures, a ‘global south’ specialist VC firm, has announced the first close of its US$100 million Fund II.

The VC firms’s previous institutional investors, including OIP Investment Trust and Gates Ventures, besides individuals and family offices, including Crystal Springs Foundation, Sall Family Foundation, Brakeman Family Trust, and two founders of Pioneer Square Labs, invested.

Also Read: Capria Ventures injects money into AC Ventures, to co-invest in its portfolio companies

Fund II will make early-growth (Series A and A+) investments in sectors, including fintech, mobility/logistics, agtech/foodtech, climate, and jobtech/HRtech, with an emphasis on Generative AI and climate tech.

The fund will invest in 20-25 tech startups in India, Southeast Asia, Latin America, the Middle East, and Africa.

Capria Ventures has already closed investments from the fund across Mexico, Brazil, Nigeria, and Egypt. Its portfolio companies include Kueski (fintech), Agrofy (agritech), MAX (mobility), and Paymob (fintech).

Started 11 years ago, Capria Ventures collectively manages assets exceeding US$200 million. Its current investments in India and Southeast Asia include Alami (fintech), BharatAgri (agritech), Betterplace (jobtech), Eden Farm (foodtech), and Eduvanz (fintech).

It has offices in Seattle, Bangalore, Nairobi, and Washington DC.

Also Read: Bootstrapped: How 99VR raced against the clock to build a profitable business

Dave Richards, Co-Founder and Managing Partner, Capria Ventures, said, “The startup ecosystem in India and Southeast Asia is thriving with immense potential for growth and innovation. India has over 20,000 startups, while Southeast Asia’s VC investment is on the rise, with the internet economy projected to reach US$330 billion by 2025. Capria’s Fund II recognises these synergies and aims to invest in the most promising early-growth tech startups in both regions.”

Echelon Asia Summit 2023 brings together APAC’s leading startups, corporates, policymakers, industry leaders, and investors to Singapore this June 14-15. Learn more and get tickets here. Echelon also features the TOP100 stage, where startups can pitch to 5000+ delegates, among other benefits like connecting with investors, visibility through the platform, and other prizes. Join TOP100 here.

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Better Bite invests in alt-protein startups Allium Bio, Cultivaer, EatKinda, Klevermeat

(L-R) EatKinda Co-Founders Jenni Matheson and Mrinali Kumar

Better Bite Ventures, a fund focused on alternative protein startups in Asia Pacific, has invested an undisclosed amount in four startups under its early-stage First Bite initiative.

The startups are Singapore-based Allium Bio and Cultivaer, New Zealand-based EatKinda, and India-based Klevermeat.

Founded by Jon Ho and Albertus Sarwono, Allium Bio focuses on co-culturing microalgae and mycelium to create more sustainable and functional ingredients, starting with protein isolate.

Also Read: Better Bite Ventures, Shiok Meats CEO invest in animal-free dairy startup Phyx44

Cultivaer is a stealth-mode startup, developing novel bioreactor-free technology that could significantly reduce costs and accelerate the scalability of fermentation-derived alt proteins.

Started by Mrinali Kumar and vegan chef Jenni Matheson, EatKinda crafts creamy plant-based ice cream from cauliflower, utilising cosmetically imperfect vegetables that would otherwise go to waste.

Klevermeat, launched by Nithin Shetty and Swapnil Kamble,  is a cultivated (cell-based) seafood startup, striving to enhance the sustainability of the seafood industry.

“APAC is the world’s largest and fastest-growing protein market. We believe innovative startups are key to making the region’s food system more sustainable and resilient, and we want to support as many exceptional founders as possible,” said Michal Klar, Founding Partner of Better Bite Ventures.

Co-founded by Michal Klar and Simon Newstead, Better Bite Ventures is a US$15 million VC fund supporting early-stage alternative protein startups. Since its launch in late 2021, Better Bite Ventures has invested in 20 early-stage alt protein companies across Asia Pacific, including Singapore, China, India, Australia, and Indonesia.

Also Read: Bootstrapped: How 99VR raced against the clock to build a profitable business

Launched a few months ago, First Bite offers a US$50,000 investment to new and aspiring alt-protein founders in the APAC region, typically their first external funding.

A new round of First Bite applications is now open until May 19.

Echelon Asia Summit 2023 brings together APAC’s leading startups, corporates, policymakers, industry leaders, and investors to Singapore this June 14-15. Learn more and get tickets here. Echelon also features the TOP100 stage, where startups can pitch to 5000+ delegates, among other benefits like connecting with investors, visibility through the platform, and other prizes. Join TOP100 here.

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Explico bags US$1.4M to make student assessment easier using AI

The Explico team

Explico, a Singapore-based edutech startup has secured US$1.4 million in pre-series A funding.

The key investors are Astonic Ventures Singapore, Mavis Tutorial Centre, and Singapore Asia Publishers.

Explico will use the money to enhance its learning platform and expand in Southeast Asia, specifically Vietnam and Philippines, and Africa.

Co-founded in 2020 by Ashutosh Shukla (CEO) and Sandesh Shetty (COO), the startup focuses on assessment using artificial intelligence and machine learning to help students identify their specific and respective strengths and weaknesses to design a unique learning modular based on their individual needs.

Also Read: The future of edutech: Personalising learning for all

The foundation on which Explico is built is assessment before recommendation.

Traditional assessment practices (multiple-choice questions, essays, and short answer questions) have widely been used to infer student knowledge and learning. It has been successful, to some extent, in understanding and improving student learning in the past.

Explico can generate assessment tasks, find appropriate peers for study groups, and provide transparent adaptive feedback using AI technology.

It uses these AI techniques that adjust the task to the student’s abilities, giving them tailored assessment experiences, therefore being able to produce a learning method that is suitable according to each of their capabilities.

The platform offers regular online classes/events, challenging sessions and assessments, formative student analysis, and insightful institution analysis with the vision of shifting traditional learning towards a more blended learning educational platform.

The edutech firm also has a subsidised bursary programme for children from low-income families, currently only available for Singaporean citizens.

Explico has an academic faculty of experienced educators and mentors in English, Science, and Mathematics. It collaborates with various institutions in Singapore and internationally which allows for students to have the opportunity to access worldwide education from a young age.

“We aspire to introduce and implement the most robust assessment-based educational system in Singapore. Our sessions are customised to suit the needs of individual students as we have a team of experienced tutors and educators in their respective fields who would be able to properly guide, mentor and educate the students and create a module that is suitable based on their assessment needs for them to excel,” said CEO Shukla.

Also Read: How hybrid learning is revolutionising the landscape of education

“The value of the global edtech market was US$106.46 billion in 2021 and is projected to grow annually by 16.5 per cent, up to US$404 billion in 2025. With English as one of the primary languages spoken in Southeast Asia and Africa, we look forward to scaling Explico in those regions, beginning with growth expansion plans to Vietnam and the Philippines in Q1 2023,” added COO Shetty.

Explico is part of Microsoft for Startup Founders Hub, which enables them to connect to education sectors across the globe through their networking channels.

Echelon Asia Summit 2023 brings together APAC’s leading startups, corporates, policymakers, industry leaders, and investors to Singapore this June 14-15. Learn more and get tickets here. Echelon also features the TOP100 stage, where startups can pitch to 5000+ delegates, among other benefits like connecting with investors, visibility through the platform, and other prizes. Join TOP100 here.

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Lessons learned from executive who helped expand 4 unicorns to global markets

In this episode, we are excited to welcome Troy Malone, the Co-Founder of Relevant, a company that helps SaaS startup founders successfully enter new markets. In this role, he supports founders in unlocking an unfair competitive advantage in new markets through a uniquely profitable marketing system.

Throughout his 15-year career as a growth and scale-up business leader, Malone has helped companies such as Evernote, Weebly, All-Turtles, mmhmm and Drata to scale internationally. He loves the challenge of building teams for hyper-growth. Troy also embodies the global mindset and cultural empathy of a true “interpreneur,” as proven by his successful expansion efforts to Europe, Latin America and Asia.

Here, discuss how to hire the right people who will lead your global growth initiatives, the importance of going on “Localization Discovery Tours” to truly understand a market, and examples of unusual marketing and promotions campaigns Troy came up with that drove results in new markets.

Also Read: 9Unicorns announces 3rd Edition of DDay on April 18th 2023!

This episode is sponsored by our partner ZEDRA. Learn more about how the ZEDRA team can support you in expanding to new markets here.

Listen, subscribe, and leave a review now on Apple, Spotify, or your favourite podcast platform.

Find our entire podcast episode library here.

Get your copy of our Wall Street Journal Bestselling Book, Global Class, a playbook on how to build a successful global business.

This article was first published by Global Class.

Image Credit: Global Class

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