In summary
Your competitors are also exploring generative AI. The time to act is now. To get leadership in the age of AI right, you must have an inclusive strategy focusing on the overall impact of AI on your business and your people.
The true power of generative AI is in unlocking and enhancing human capabilities. You and your leadership teams can define the right approach for your organization by:
Understanding what generative AI is and the impact it's already having.
How to think about AI in the context of your biggest asset: people.
Understanding where you are in the three horizons for growth with AI.
Learning how generative AI can enhance - not replace - human capabilities.
Breaking down your strategy into actionable focus areas.
The only wrong choice is to not act.
1. NewVantage Partners: Nine out of ten leading businesses have investments in AI technologies, but only 14.6% deployed AI capabilities in their work. (https://www.businesswire.com/news/home/20220103005036/en/NewVantage-Partners-Releases-2022-Data-And-AI-Executive-Survey
2. Bank of America: “AI Trends Report”: https://business.bofa.com/en-us/content/ai-trends-impact-report.html
3. Gartner: https://www.gartner.com/en/articles/beyond-chatgpt-the-future-of-generative-ai-for-enterprises#:~:text=Gartner%20expects%3A,0%25%20of%20such%20in%202022.
4. McKinsey: https://www.mckinsey.com/capabilities/mckinsey-digital/our-insights/the-economic-potential-of-generative-ai-the-next-productivity-frontier#