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What CEOs Need to Know About the Costs of Adopting GenAI

Harvard Business

CEOs must integrate the multifaceted costs into their strategic vision, acknowledging nuances such as inference cost, fine-tuning cost, prompt engineering cost, cloud expenses, talent costs, and operation costs.

Ethics 90
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Here’s what to think about When Creating a Forward-Looking ESG Strategy

Brimstone Consulting

Page Society stated in its July 2022 report on Stakeholder Capitalism and ESG Guide for Communications Leaders : “Success requires going beyond purpose statements, ESG declarations and policy pronouncements to actually create authentic results that benefit both social goals and enterprise success. … Be clear about specific goals.

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Becoming a Data-Driven Organization: What You Need to Know

Epicflow

At the same time, the talent component shouldn’t be left aside: data alone cannot lead companies to success without human expertise to use in an efficient way. . McKinsey consultancy suggests that the data-driven enterprise of 2025 will be characterized by certain processes [2]. The Data-Driven Enterprise of 2025. References .

Data 96
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The Central versus Decentral Dilemma: How the HR Practitioner can Facilitate a “Center-Led” Solution

Kates Kesler

But to move with agility in a complex organization requires leaders to be confident that important decisions are being made at the right level and location across the enterprise. This got the team out of an unproductive centralization/decentralization debate and focused on the design of an enterprise-field network.

Agile 65
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We May Not Have a Clear Path, But We Each Have One

Harmonious Workplaces

I really handled every aspect of the human resources spectrum, including job analysis, selection, training and development, talent management, rewards and benefits structures, compliance, and termination. It meant something to me when our employees, Tony and Mike, said that I was their best boss.

Hotels 52
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CSR: Collaborating with NPOs for Positive Social Impact

Tom Spencer

By demonstrating a commitment to social and environmental causes, companies can increase customer trust and loyalty, attract top talent, and ultimately boost their financial performance. For instance, another Harvard study found that companies with strong CSR initiatives outperform their peers in the long run.

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Can We Keep Our Biases from Creeping into AI?

Harvard Business

But that will only happen if we expand AI talent pools and explicitly test AI-driven technologies for bias. The more long-term approach requires expanding the talent pool of people working on the next generation of AI technologies. Diversifying the AI talent pool isn’t just about gender.