AI for Growth: Unlocking Productivity and Profitability in the UK’s AI Era
At Oaklin, we believe AI is more than a tool for cost reduction—it’s a driver of business growth, innovation, and resilience. While the UK government’s AI Opportunities Action Plan lays the groundwork, business leaders must take the initiative to unlock AI’s full potential. In today’s competitive landscape, AI enables organisations to optimise operations, enhance decision-making, and create new revenue opportunities.
AI’s Role in Driving Business Growth
AI is helping UK businesses boost efficiency, improve customer experiences, and fuel innovation—without resorting to cost-cutting measures. The UK’s AI sector already contributes £5.8 billion in Gross Value Added (GVA) to the economy, with over 3,000 AI companies generating £10 billion in revenues and employing more than 60,000 people [1]. However, AI must be deployed strategically to avoid inefficiencies and ensure long-term value creation. With the right approach, AI represents a £550 billion opportunity for the UK over the next 10 years [2], positioning businesses for sustainable success.
AI as a Catalyst for Productivity and Value Creation
AI enables businesses to scale operations and innovate at pace. At Oaklin, we identify five key AI opportunities:
- AI Agents: Unlocking Workforce Potential
AI-powered agents will go beyond traditional RPA, handling complex, language-driven tasks like customer engagement and compliance. "Agents are autonomous and can act independently of human intervention" [3] freeing teams to focus on higher-value strategic work. - Turning Data into Strategic Advantage
AI and machine learning enable real-time insights that enhance forecasting, pricing, and resource allocation. By improving demand planning and operational efficiency, businesses can minimise waste, optimise stock levels, and increase profitability. - Revolutionising Customer Engagement
AI-powered virtual assistants and chatbots provide always-on, personalised customer service, improving response times and overall satisfaction. By automating routine inquiries, businesses can scale operations efficiently while maintaining a high-quality customer experience. - Enhancing Operational Resilience
AI-driven predictive maintenance allows businesses to anticipate equipment failures before they happen, reducing downtime and improving asset reliability. This proactive approach enhances efficiency, extends equipment lifespan, and ensures operational continuity. - Smarter Supply Chains for Sustainable Growth
AI is transforming supply chain management by refining demand forecasting, optimising inventory levels, and improving logistics coordination. These enhancements help businesses reduce excess stock, prevent supply shortages, and build more resilient and agile supply chains.
Across these areas, AI isn’t just about cost efficiency—it’s a foundation for business expansion, agility, and long-term competitiveness.
Strategic AI Investments: A Growth-Centric Approach
To drive sustainable growth, AI investments must align with strategic priorities—whether accelerating revenue, improving customer retention, or optimising operational agility. Leaders should evaluate AI opportunities based on impact, feasibility, and speed of results.
Identifying AI’s unique leverage—such as predictive analytics for maintenance purposes or process automation—ensures investments deliver measurable returns. Small-scale pilots provide a controlled way to refine AI applications before scaling, helping businesses gain confidence and maximise ROI.
Overcoming Barriers to AI Adoption
AI adoption comes with challenges, including data integration, employee hesitance, and implementation complexity. Proactively addressing these issues ensures its full potential is realised. Strong data governance enhances reliability and improves AI success rates.
Employee resistance is often linked to job displacement fears. Clear communication and reskilling initiatives help teams view AI as a tool for high-value work, driving faster adoption and improving overall business performance.
How Oaklin Can Help
At Oaklin, we help organisations harness AI to drive growth, innovation, and resilience.
- Identify Growth Opportunities – Conduct AI audits to pinpoint areas for increased efficiency, enhanced decision-making, and new revenue generation.
- Develop a High-Impact AI Strategy – Create tailored roadmaps for AI adoption, focusing on growth levers like predictive maintenance and intelligent customer engagement.
- Redesign Operating Models – Embed AI-driven insights into decision-making to enhance agility, resilience, and efficiency.
- Accelerate Business & Culture Change – Guide teams through AI adoption, ensuring employees embrace AI as a driver of innovation rather than disruption. By reducing resistance and upskilling teams, we enable businesses to scale AI quickly and maximise ROI.
- Maximise AI’s ROI – Establish governance frameworks and success metrics to ensure AI initiatives achieve measurable business outcomes and long-term scalability.
Ben Lamb
Consultant
Ben is a leader in Data and AI, specialising in transforming how businesses leverage technology to drive efficiency, agility, and competitive advantage. With a proven track record of delivering over £620m in measurable impact, he helps organisations unlock the full potential of their data—turning raw information into actionable intelligence through AI-driven automation, analytics, and strategic insights. His expertise spans enterprise-wide data architecture, AI adoption, and operational transformation, bridging the gap between complex technology and real-world business outcomes. Ben’s approach focuses on making AI practical, scalable, and results-driven—ensuring businesses move beyond experimentation to tangible competitive advantage.
Bibliography
- [1] Department for Science, Innovation & Technology, Artificial Intelligence sector study 2023
- [2] Microsoft, Unlocking the UK’s AI Potential: Harnessing AI for Economic Growth 2024
- [3] Google, Agents Whitepaper, 2024