  Foundation models offer a new opportunity to redesign existing systems and
workflows with a new AI first perspective. However, operationalizing this
opportunity faces several challenges and tradeoffs. The goal of this article is
to offer an organizational framework for making rational choices as enterprises
start their transformation journey towards an AI first organization. The
choices provided are holistic, intentional and informed while avoiding
distractions. The field may appear to be moving fast, but there are core
fundamental factors that are relatively more slow moving. We focus on these
invariant factors to build the logic of the argument.
