Hello, I'm Steve Nuttle. I'm one of the directors at Fifth Quadrant. Fifth Quadrant is a Sydney-based strategic market research consultancy.
We’ve been using AI in the business for at least three years, but we really noticed at the start of 2025 that AI is starting to accelerate and its capabilities are increasing exponentially.
We began to look at AI not just as a research tool, but as a disruptor in our industry. Yes, it has strong capabilities as a research tool, but we wanted to think about AI more as a leadership capability. We started to rethink our business so we could grow and develop in a way that both harnesses the benefits of AI and helps us achieve our growth goals.
We asked ourselves: why not create a virtual board? In an ideal world, we would tap into some of the best minds, the world's leading business experts, and bring them into the room to guide us, provide advice, and challenge our thinking. But as a small team of 15 people, that level of expertise is beyond our means.
Imagine being able to tap into the expertise of a Fortune 500 CEO, an Ivy League business school professor, or the author of bestselling business books. We found that AI can help fill that gap.
So we started to design our virtual board. We created five roles.
First, a strategic business advisor. We combined the personas of different leaders and experts into a business strategist GPT.
Second, a chief provocation officer. This GPT’s role is to challenge consensus thinking.
Third, a competitive intelligence officer. With so much change happening across markets, products and global trends, this GPT helps capture and stay on top of innovation and change.
Fourth, a chief revenue officer. This GPT ensures that strategy aligns with our economic engine, including profit per project, and keeps us commercially focused.
We are clear about how each GPT is built and what its limits are. There is always a human in the loop. AI advises, but humans decide. We also maintain strict data integrity. No client data is fed into these systems. Instead, we take the insights and apply them to client work.
As a result, our win rates are improving. We are delivering work faster and at a higher level of quality. Importantly, we are seeing a strong impact on our people. This is not just about leadership operating at a higher level. It is also about building a teaching system, so our team can use the same tools and frameworks we provide to clients.
This means clients get consistent advice and thinking, not just from senior staff but also from middle and junior researchers.
Looking ahead, we know this will continue to evolve. We can’t just stop with the virtual board. We’re starting to think about creating virtual business units.
For example, bringing together leading healthcare experts in one unit, and leading technology experts in another. But rather than keeping them separate, we would look at how they can work together. The opportunities often sit at the intersection, such as between healthcare and technology.
These virtual business units could collaborate to help clients unlock those opportunities.
A further aspiration is AI agent orchestration. That is, agents working together more autonomously to explore problems, generate ideas, and return with solutions. At the moment, everything is human-prompted and human-driven. But over the next 12 months to two years, we expect more advanced orchestration to become possible.
Where this leads us today is that we have systematised our way of thinking and are starting to scale our strategic thinking. For a small business, scaling strategy has always been seen as difficult. But we are now doing it.
The next step is amplifying that strategic thinking across the entire business.
Start by thinking about who you would have on your board. If you could choose anyone, who would it be?