Management Consulting Connection

You Don’t Have to Be a Data Scientist to Fill This Must-Have Analytics Role

Harvard Business

FEBRUARY 5, 2018

It’s no secret that organizations have been increasingly turning to advanced analytics and artificial intelligence (AI) to improve decision making across business processes—from research and design to supply chain and risk management. Why are translators so important? What does a translator do?

Data

Data Engineering Agile McKinsey

We Need to Approach AI Risks Like We Do Natural Disasters

Harvard Business

FEBRUARY 7, 2018

The risks posed by intelligent devices will soon surpass the magnitude of those associated with natural disasters. At the same time, the capabilities of artificial intelligence (AI) algorithms are evolving rapidly. Yet few have formally quantified the size of their revenue at risk and potential liability. Insight Center.

Insurance

Insurance Insurance Balance Sheet Government

The 5 Things Your AI Unit Needs to Do

Harvard Business

JANUARY 15, 2018

Not a day goes by without the announcement of the appointment of a new VP of Artificial Intelligence (AI), a Chief Data Scientist, or a Director of AI Research. While the enthusiasm is undeniable, the reality is that AI remains an early-stage technology application. Insight Center. The Risks and Rewards of AI.

Data

Data Tools Education Talent

What Changes When AI Is So Accessible That Everyone Can Use It?

Harvard Business

JANUARY 30, 2018

As vice president of advanced technologies at AT&T, Gilbert wants to make AI technologies widely available throughout the corporation, especially to those who might not have a computer science background and may not even know how to program. Call it the “democratization of AI.” Insight Center.

Accenture

Accenture Tools Insurance Insurance

What Will Happen When Your Company’s Algorithms Go Wrong?

Harvard Business

APRIL 10, 2017

Insight Center. The Age of AI. AI failures, on the other hand, are directly related to the mistakes produced by the intelligence such systems are designed to exhibit. 2015: Medical AI classified patients with asthma as having a lower risk of dying of pneumonia. What is our product or service expected to do?

Software

Software System Accenture Examples

Machine Learning Can Help B2B Firms Learn More About Their Customers

Harvard Business

JANUARY 19, 2018

Much of the strategic focus in the digital economy thus far has revolved around getting better insights into consumers. But there is also an emerging capability to gain insights on business customers. And that’s where AI techniques provide can help. vincent tsui for hbr.

B2B

B2B B2C Sales Data

Is Your Company’s Data Actually Valuable in the AI Era?

Harvard Business

JANUARY 17, 2018

AI is coming. In our experience, when business leaders ask this with respect to AI, the answer they are given is “data.” There are hundreds of articles claiming that “ data is the new oil” — by which they mean it is a fuel that will drive the AI economy. AIs are prediction machines driven by data.

Data

Data Operations Training Training

The Future of Human Work Is Imagination, Creativity, and Strategy

Harvard Business

JANUARY 18, 2018

Insight Center. The Risks and Rewards of AI. Many executives may think themselves the wizard; enthralled by the idea that AI technology will allow them to shed millions of dollars in labor costs, they could come to believe that the best company is the one with the fewest people aside from the CEO.

Strategy

Strategy Strategy Strategy& McKinsey

Is “Murder by Machine Learning” the New “Death by PowerPoint”?

Harvard Business

JANUARY 23, 2018

So what makes artificial intelligence/machine learning (AI/ML) champions confident that their technologies will be immune to comparably counterproductive outcomes? It’s precisely because machine learning and artificial intelligence platforms are supposed to be “smart” that they pose uniquely challenging organizational risks.

Enterprise

Enterprise Software Data Training

How Georgia State University Used an Algorithm to Help Students Navigate the Road to College

Harvard Business

JANUARY 16, 2018

As AI continues to develop, a major test of its potential will be whether it can replace human judgment in individualized, complex ways. At Georgia State University, we investigated a test case where AI assisted high school students in their transition to college , helping them to navigate the many twists and turns along the way.

Education

Education System Data Efficiency

AI May Soon Replace Even the Most Elite Consultants

Harvard Business

JULY 24, 2017

Insight Center. Hopefully this will be for the better and we will all benefit from timely, comprehensive, and bias-free insights (given research that human beings are prone to a variety of cognitive biases ). And this is likely just Alexa’s first step into offering business services. Crossing the Digital Divide.

Consulting

Consulting Financial Data Marketing

How Automation Will Change Work, Purpose, and Meaning

Harvard Business

JANUARY 11, 2018

The promise of AI and automation raises new questions about the role of work in our lives. The promise of AI and automation raises new questions about the role of work in our lives. ” Insight Center. The Risks and Rewards of AI. eva bee/Getty Images. Sponsored by SAS.

Productivity

Productivity System Financial Course

As AI Meets the Reputation Economy, We’re All Being Silently Judged

Harvard Business

JANUARY 29, 2018

And many AI-enabled startups are competing in the HR assessment market, using AI to crawl potential candidates’ social media accounts to filter out bad fits. Insight Center. The Risks and Rewards of AI. The Risks and Rewards of AI. How ready is society to be judged by AI?

Meeting

Meeting Data Media Case Interview

As AI Makes More Decisions, the Nature of Leadership Will Change

Harvard Business

JANUARY 22, 2018

After all, the very purpose of AI is to augment, improve, and ultimately replace human intelligence, which is still widely regarded, at least by us humans, as our key competitive advantage. There is no reason to believe that leadership will be spared the impact of AI. Insight Center. The Risks and Rewards of AI.

Leadership

Leadership Agile Emotional Intelligence Benchmarking

Robo-Advisers Are Coming to Consulting and Corporate Strategy

Harvard Business

JANUARY 12, 2018

It’s clear that robo-advisors and AI play an important and growing role in the financial services industry, but a question remains. Insight Center. The Risks and Rewards of AI. If AI-guided investing can work for a person, can it also work for a company? Does a robot manage your money?

Strategy

Strategy Strategy Strategy& Consulting

To Compete with Amazon, Big-Name Consumer Brands Have to Become More Like It

Harvard Business

JUNE 14, 2018

Insight Center. Kulka/Getty Images. Over the last decade, e-commerce has imposed a painful profit squeeze on big-box retailers, resulting in layoffs, store closings, mall reconfigurations, and even bankruptcies. With no reprieve in sight for retailers, the online world is poised to do the same to brand-name consumer products companies.

Retail

Retail Data Tools Marketing

How Will AI Change Work? Here Are 5 Schools of Thought

Harvard Business

JANUARY 24, 2018

And while a lot will shake out in years to come, this issue is already front and center. Insight Center. The Risks and Rewards of AI. Yaroslav Kushta/Getty Images. The future of the workforce is one of the biggest issues facing CEOs today. How should companies prepare, strategically, to thrive in this world?

Enterprise

Enterprise Accenture Research Productivity

What’s the Purpose of Companies in the Age of AI?

Harvard Business

AUGUST 13, 2018

Recent advances in artificial intelligence (AI) and computer technology are causing us to think again about some really basic questions: what is a firm? And what are the distinctive qualities of firms in a world of smart contracts and AI? Insight Center. Adopting AI. What can firms do better than markets?

Company

Company Efficiency System Financial

How AI Could Help the Public Sector

Harvard Business

JANUARY 26, 2018

Insight Center. The Risks and Rewards of AI. In addition to education, public servants are using AI to help them make welfare payments and immigration decisions, detect fraud, plan new infrastructure projects, answer citizen queries, adjudicate bail hearings, triage health care cases, and establish drone paths.

Government

Government Data Examples Education

A 5-Part Process for Using Technology to Improve Your Talent Management

Harvard Business

JULY 24, 2018

In an era of transformative cognitive technologies like AI and machine learning, it’s become obvious that people, practices, and systems must become nimbler too. In an era of transformative cognitive technologies like AI and machine learning, it’s become obvious that people, practices, and systems must become nimbler too.

Talent

Talent Management Methodologies Agile

Are the Most Innovative Companies Just the Ones With the Most Data?

Harvard Business

FEBRUARY 7, 2018

Insight Center. The Risks and Rewards of AI. viktor vasicsek/unsplash. Do you still use Yahoo? Do you still remember MySpace? The cases of startups with superior ideas dethroning well-established incumbents are legion. Incumbents have to keep innovating, lest they be overtaken by a new, more creative competitor.

Data

Data Company Marketing System

How Smart Speakers Are Poised to Reinvent the Travel Industry

Harvard Business

AUGUST 7, 2018

As happened with the rise of the internet and mobile apps, winners and losers in the age of conversational AI will be determined by whether companies recognize its potential early and act on it. Insight Center. Adopting AI. Travelers with an Alexa device at home can book a car rental or hotel through Expedia and Kayak.

Travel

Travel Industry Hotels Airlines

As Work Changes, Leadership Development Has to Keep Up

Harvard Business

OCTOBER 10, 2016

And as AI and robotics increasingly supplement and replace the work of humans, the expectations of leaders — truly understanding the work, how it can be executed now and in the future, and the cost, capability and risk implications of current and future work options — are increasing exponentially. Insight Center.

Development

Development Leadership Talent Agile

The Question with AI Isn’t Whether We’ll Lose Our Jobs — It’s How Much We’ll Get Paid

Harvard Business

JANUARY 31, 2018

anucha sirivisansuwan/Getty Images. The basic fact is that technology eliminates jobs, not work. It is the continuous obligation of economic policy to match increases in productive potential with increases in purchasing power and demand. Humans have always shifted away from work suitable for machines and to other jobs. It doesn’t have to be.

Education

Education Policies Training Training

Management Consulting Connection

You Don’t Have to Be a Data Scientist to Fill This Must-Have Analytics Role

We Need to Approach AI Risks Like We Do Natural Disasters

Trending Sources

The 5 Things Your AI Unit Needs to Do

What Changes When AI Is So Accessible That Everyone Can Use It?

What Will Happen When Your Company’s Algorithms Go Wrong?

Machine Learning Can Help B2B Firms Learn More About Their Customers

Is Your Company’s Data Actually Valuable in the AI Era?

The Future of Human Work Is Imagination, Creativity, and Strategy

Is “Murder by Machine Learning” the New “Death by PowerPoint”?

How Georgia State University Used an Algorithm to Help Students Navigate the Road to College

AI May Soon Replace Even the Most Elite Consultants

How Automation Will Change Work, Purpose, and Meaning

As AI Meets the Reputation Economy, We’re All Being Silently Judged

As AI Makes More Decisions, the Nature of Leadership Will Change

Robo-Advisers Are Coming to Consulting and Corporate Strategy

To Compete with Amazon, Big-Name Consumer Brands Have to Become More Like It

How Will AI Change Work? Here Are 5 Schools of Thought

What’s the Purpose of Companies in the Age of AI?

How AI Could Help the Public Sector

A 5-Part Process for Using Technology to Improve Your Talent Management

Are the Most Innovative Companies Just the Ones With the Most Data?

How Smart Speakers Are Poised to Reinvent the Travel Industry

As Work Changes, Leadership Development Has to Keep Up

The Question with AI Isn’t Whether We’ll Lose Our Jobs — It’s How Much We’ll Get Paid

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