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AI Partnerships and Alliances

Rohan Sharma

Chapter Chapter 10 in AI and the Boardroom, 2024, pp 119-126 from Springer

Abstract: Abstract How can the right partnerships transform your AI initiatives into true industry leadership? Collaborating with strategic AI partners provides not just access to cutting-edge technology, but also domain expertise and a broad ecosystem that accelerates progress. However, the success of these partnerships hinges on thoughtful alignment and mutual goals. This chapter explores the key considerations when selecting AI partners, including strategic alignment, technical proficiency, and ethical practices. It highlights the importance of aligning with partners who have strong change management expertise, the ability to attract top AI talent, and a commitment to responsible AI use. Additionally, the importance of managing risks such as data privacy and cybersecurity is discussed. Key takeaway: A well-chosen partnership can amplify AI capabilities and mitigate risks, turning challenges into opportunities. How thoroughly does your organization evaluate potential AI partners to ensure alignment, shared vision, and mutual benefit?

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:979-8-8688-0796-1_10

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DOI: 10.1007/979-8-8688-0796-1_10

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