Monday, November 8, 2021

g-f(2)640 THE BIG PICTURE OF THE DIGITAL AGE (11/7/2021), MIT SMR, Artificial Intelligence in the business world




ULTRA-condensed knowledge


"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital ageArtificial Intelligence, AI in the business world  (11/7/2021)  g-f(2)426 


OPPORTUNITIES, MIT SMR 

Artificial Intelligence in the business world 


      • Use Workplace Analytics to Build Trust and Empower Employees
        • Gabriela Mauch, vice president of ActivTrak Productivity Lab, and Michael Schrage, a visiting scholar at the MIT Sloan Initiative on the Digital Economy, discuss leveraging productivity analytics to generate new opportunities for workplace collaboration and growth. Business and technology journalist Julia King moderates the one-hour event.
      • MIT SMR-BCG Web Summit Press Conference
        • David Kiron and François Candelon host a press conference at Web Summit 2021 to discuss the research report "The Cultural Benefits of Artificial Intelligence in the Enterprise.“
        • Beyond the Bottom Line: The Extra Benefits of AI. Journalist Rob Pegoraro interviews MIT Sloan Management Review editorial director David Kiron and BCG managing director and senior partner François Candelon about the coauthors' recent study, The Cultural Benefits of Artificial Intelligence in the Enterprise for the Web Summit conference on November 2, 2021.


                                  Genioux knowledge fact condensed as an image



                                  Use Workplace Analytics to Build Trust and Empower Employees





                                  MIT SMR-BCG Web Summit Press Conference, November 2, 2021





                                  Beyond the Bottom Line: The Extra Benefits of AI




                                  References




                                  Beyond the Bottom Line: The Extra Benefits of AIMITSMR, YouTube channel, November 7, 2021.


                                  Extra-condensed knowledge


                                  g-f(2)631, OPPORTUNITIES, MIT SMR + BCG


                                          • The report of MIT SMR + BCG, “The Cultural Benefits of Artificial Intelligence in the Enterprise”, is an EXCEPTIONAL Full Pack Golden Knowledge Container because its research and results are of extraordinary importance and quality. g-f(2)629g-f(2)626
                                          • When conducting our research, we heard story after story from executives familiar with AI implementations in their organizations. The overarching message was clear and backed up by survey data: Business culture affects AI deployments, and AI deployments affect business culture.
                                          • This MIT SMR-BCG report — based on a global survey of 2,197 managers and interviews with 18 executives — identifies a wide range of AI-related cultural benefits at both the team and organizational levels. Among survey respondents with AI implementations that improved efficiency and decision-making, for example, more than 75% also saw improvements in team morale, collaboration, and collective learning. Culture change from using AI transcends the legitimate, but myopic, promise that AI will liberate workers from drudgery.
                                          • These cultural changes are more than a side benefit. AI-related cultural and financial benefits build on each other. Survey respondents who saw significant financial benefits from their AI initiatives were 10 times more likely to change how they measure success than those who saw no such benefits.



                                          Condensed knowledge




                                          g-f(2)626, OPPORTUNITIES, MIT SMR + BCG


                                          • The 2021 MIT SMR-BCG report identifies a wide range of AI-related cultural benefits at both the team and organizational levels. Whether it’s reconsidering business assumptions or empowering teams, managing the dynamics across culture, AI use, and organizational effectiveness is critical to increasing AI’s value to an organization. This report offers a detailed analysis of a dynamic between culture, AI use, and organizational effectiveness.
                                          • Our research demonstrates a strong, multidimensional link between AI use and organizational culture. Clearly, AI use depends on company leaders establishing a culture that allows AI solutions to thrive. But it’s also clear that flourishing AI solutions can strengthen organizational culture at both the team and organizational levels. As more companies look to build strategies around AI, understanding and managing the interplay between culture, AI use, and organizational effectiveness (the C-U-E dynamic) becomes critical to their success.


                                          g-f(2)631, Lessons learned, MIT SMR + BCG


                                                • Pierre-Yves Calloc’h, chief digital officer at Pernod Ricard, the world’s second-largest seller of wine and spirits, offers a case in point. The company began using AI technology to optimize salespeople’s store visits. Historically, the sales staff had relied heavily on their own experience to decide which stores to visit. The company expected that its new AI-based system of digital assistants, which uses data to prioritize stores, would encounter resistance. However, salespeople embraced the technology, which augments rather than replaces their own knowledge.
                                                  • Calloc’h fostered trust in the system by involving recognized business experts in the tool’s design and gathering extensive feedback from pilot users. His team ensured that the reasons for the AI system’s recommendations were clear, and clearly communicated, to the salespeople.


                                                Some relevant characteristics of this "genioux fact"

                                                • Category 2: The Big Picture of the Digital Age
                                                • [genioux fact deduced or extracted from MIT SMR + BCG]
                                                • This is a “genioux fact fast solution.”
                                                • Tag Opportunities those travelling at high speed on GKPath
                                                • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
                                                • Type of validity of the "genioux fact". 

                                                  • Inherited from sources + Supported by the knowledge of one or more experts + Supported by research.


                                                References


                                                “genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)640, Fernando Machuca, November 7, 2021, blog.geniouxfacts.comgeniouxfacts.comGenioux.com Corporation.


                                                ABOUT THE AUTHORS


                                                PhD with awarded honors in computer science in France

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