Inside the successful make-up of ‘AI-first’ organisations
Jacques Bughin
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Jacques Bughin: MachaonAdvisory, Belgium
Journal of AI, Robotics & Workplace Automation, 2024, vol. 3, issue 3, 211-219
Abstract:
The corporate adoption of artificial intelligence (AI) technologies has been rapid in recent years, but the stumbling block is how those investments translate into attractive returns. This paper provides a systematic analysis of key success factors tied to the total productivity gains generated by global companies out of their AI factory programmes. Successful AI transformation necessitates a multifaceted approach, encompassing strategic pivot, robust data and AI governance, augmented human capital programme and a commitment to innovation.
Keywords: artificial intelligence; corporate transformation; capabilities; strategic change; AI factory; total productivity growth (search for similar items in EconPapers)
JEL-codes: G2 M15 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:aza:airwa0:y:2024:v:3:i:3:p:211-219
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