How AI Will - and Won't - Change the Way You Manage

How AI Will - and Won't - Change the Way You Manage: Artificial Intelligence
This article delves into the profound impact of Artificial Intelligence (AI) on various aspects of business, including strategy, talent management, corporate governance, IT management, and organizational culture. It highlights how digitalization, big data, machine learning, robotics, and AI are reshaping industries, rendering traditional business models obsolete and fostering the growth of new enterprises with distinct capabilities and skill sets. The piece emphasizes the critical need for executives to understand and respond to these changes by identifying key issues for leadership, governance, and management, and by cultivating new competencies.
The Transformative Power of AI
The article begins by setting the stage for the AI revolution, noting its pervasive influence across industries. It points out that AI is not just a technological advancement but a force that drives significant social change. The authors, professors from IESE, bring their expertise to bear on specific areas:
- AI and Strategy: Bruno Cassiman discusses how AI influences strategic decision-making, market positioning, and competitive advantage.
- AI and Talent Management: Marta Elvira explores the implications of AI for workforce planning, skill development, and human resource management.
- AI and Corporate Governance: Sandra Sieber examines the ethical considerations, regulatory frameworks, and governance structures needed to manage AI responsibly.
- AI and IT Management: Anneloes Raes focuses on the technological infrastructure, data management, and cybersecurity challenges associated with AI implementation.
The Enduring Role of General Managers
Jordi Canals provides a concluding perspective, reiterating the indispensable role of general managers in navigating the AI-driven business landscape. He stresses that despite the advancements in AI, fundamental leadership questions remain paramount. CEOs and senior executives must grapple with these questions to effectively lead their organizations through this rapidly evolving environment.
Key Themes and Takeaways
- Industry Disruption: AI is a major disruptor, creating new opportunities and challenges for businesses.
- Skill Evolution: The workforce needs to adapt by acquiring new skills relevant to AI and data-driven environments.
- Ethical Considerations: Responsible AI deployment requires careful attention to governance, ethics, and societal impact.
- Leadership Imperative: Effective leadership is crucial for guiding organizations through the complexities of AI adoption.
Product Information
The article is identified by the product number IIR211 and spans 9 pages. It was published on September 17, 2018, and originates from IESE. The article is available in various formats, including PDF, Audio (MP3, M4A, CDROM, Cassette), Bundle, DVD, Event Live/Virtual Conference, Word Document, Electronic Book, Enhanced Electronic Book, ePub, Financial, Ebook, Hardcover/Hardcopy (Color and B&W), Web Based HTML, Kit, License, Magazine, Mobi, Multimedia CDROM, Multimedia Windows Media, Paperback Book, Paperback/Softbound (Color and B&W), Powerpoint, XML, and Zip File. It is also available in multiple languages such as English, Spanish, Chinese, Danish, French, German, Japanese, Portuguese, Polish, Russian, Slovak, and Traditional Chinese.
Pricing and Quantity Discounts
The article has a list price of $8.95 USD. Quantity discounts are available for bulk purchases, with prices decreasing as the number of items increases. For example, purchasing 5-10 items reduces the price to $8.75 per item, and for 500+ items, the price drops to $8.00 per item.
Related Content
The article is also associated with related topics such as Strategy, IT management, and Leadership. Several other related products are also listed, including:
- "AI Can Change How You Measure - and How You Manage"
- "How Artificial Intelligence Will Redefine Management"
- "The Feeling Economy: Managing in the Next Generation of Artificial Intelligence (AI)"
These related articles further explore the multifaceted impact of AI on business and management practices.
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Conclusion
In summary, the article "How AI Will - and Won't - Change the Way You Manage: Artificial Intelligence" provides a comprehensive overview of AI's transformative potential and the critical considerations for leaders. It underscores the need for strategic adaptation, skill development, and responsible governance to harness the benefits of AI while mitigating its risks.
Original article available at: https://store.hbr.org/product/how-ai-will-and-won-t-change-the-way-you-manage-artificial-intelligence/IIR211