Introduction

Rohan Sharma

Chapter Chapter 1 in AI and the Boardroom, 2024, pp 1-4 from Springer

Abstract: Abstract Companies are diving headfirst into data and AI, hoping to boost revenue, work smarter, and gain a competitive edge. While buzzwords like generative AI and machine learning dominate conversations, the real challenge is embedding AI into the core of traditional businesses rather than treating it as an add-on. The key differentiator between digital-native and legacy organizations lies in the mindset and commitment of their leadership. Consider the journey of a legacy automaker attempting AI integration. It takes more than ambition—it demands a complete rethinking of operations and investments in both technology and people. Leaders need to foster an environment where AI can thrive, addressing the complexities of privacy, regulation, and strategy. Are you ready to lead this transformation, or will you watch others surge ahead? This chapter provides leaders with practical insights to turn AI into a core strength, emphasizing the need for strategic vision, unwavering leadership, and an innovative culture. The AI transformation is here—will your organization be part of it?

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:979-8-8688-0796-1_1

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DOI: 10.1007/979-8-8688-0796-1_1

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