Friday, February 18, 2022

g-f(2)945 THE NEW WORLD (2/18/2022), MIT SMR, Companies Are Making Serious Money With AI




ULTRA-condensed knowledge


"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital age, The New World, GK Accelerator LINE, Artificial Intelligence (AI) (2/18/2022)  g-f(2)426 



OPPORTUNITY, MIT SMR  

EXCEPTIONAL “Full Pack Golden Knowledge Container”



Companies Are Making Serious Money With AI


In the 2022 survey of senior data and technology executives by NewVantage Partners (where Randy Bean is CEO and cofounder, and Tom Davenport is a fellow), 92% of large companies reported that they are achieving returns on their data and AI investments. 
  • That’s up markedly from 48% in 2017. 
  • The same percentage (92%) said that they are increasing investments in data and AI, equaling last year’s percentage. 
  • Twenty-six percent of companies have AI systems in widespread production — more than double the 12% in last year’s survey. 
  • The survey also asked respondents whether their organizations were data driven, and only 26% said they are. However, that doesn’t seem to be preventing them from making progress on AI.


Genioux knowledge fact condensed as an image



References


Companies Are Making Serious Money With AI, Thomas H. Davenport and Randy Bean, February 17, 2021, MIT Sloan Management Review, MIT SMR.


ABOUT THE AUTHORS


Thomas H. Davenport


Thomas H. Davenport (@tdav) is the President’s Distinguished Professor of Information Technology and Management at Babson College, a visiting professor at Oxford University’s Säid School of Business, a fellow of the MIT Initiative on the Digital Economy, and a senior adviser to Deloitte’s AI and Analytics practice. 

Extracted from Wikipedia

Thomas Hayes "Tom" Davenport, Jr. (born October 17, 1954) is an American academic and author specializing in analytics, business process innovation, knowledge management, and artificial intelligence. He is currently the President’s Distinguished Professor in Information Technology and Management at Babson College, a Fellow of the MIT Initiative on the Digital Economy, Co-founder of the International Institute for Analytics, and a Senior Advisor to Deloitte Analytics.

Davenport has written, coauthored, or edited twenty books, including the first books on analytical competition, business process reengineering and achieving value from enterprise systems, and the best seller, Working Knowledge (with Larry Prusak) (Davenport & Prusak 2000), on knowledge management. He has written more than one hundred articles for such publications as Harvard Business Review, MIT Sloan Management Review, California Management Review, the Financial Times, and many other publications. Davenport has also been a columnist for The Wall Street Journal, CIO, InformationWeek, and Forbes magazines.



Randy Bean


Randy Bean (@randybeannvp) is an industry thought leader, author, and CEO of NewVantage Partners, a strategic advisory and management consulting firm that he founded in 2001. He is the author of the new book Fail Fast, Learn Faster: Lessons in Data-Driven Leadership in an Age of Disruption, Big Data, and AI (Wiley, 2021).



Complementary Knowledge


Showing posts sorted by relevance for query Thomas H. Davenport

Showing posts sorted by relevance for query Randy Bean



Extra-condensed knowledge



OPPORTUNITY, geniouxfacts  



The story of the New World in a single sentence



Made up of multiple overlapping disruptions, in continuous transformation, the wonderful New World (that is, it offers an amazing treasure tailored to each person, group, community, company, organization, town, city, state, country, region and the world in general), is heterogeneous built from the wise exploitation of the fabulous treasure (i.e., Three powerful engines: PEOPLE + Emerging Technologies + Multidisciplinary Golden Knowledge (GK)) of the digital age.



Genioux knowledge fact condensed as an image


Reference


g-f(2)943 THE NEW WORLD (2/17/2022), The story of the New World in a single sentence




OPPORTUNITY, geniouxfacts  


The Story of the New World in a  “g-f KBP” Chart



The “genioux facts” Knowledge Big Picture (g-f KBP) standard chart



This "g-f story" is a knowledge block made up of 10 blocks of “genioux fact fast solution” or ultra-condensed golden knowledge juice.
  1. Shaped by multiple, overlapping disruptions, the New World (g-f New World) is heterogeneous built from the wise exploitation of the fabulous treasure of the digital age. g-f(2)505, g-f(2)526
  2. The New World evolves powered by three powerful engines: PEOPLE + Emerging Technologies + Multidisciplinary Golden Knowledge (GK). g-f(2)641
  3. In the New World, we all (for example, people, companies, organizations, countries) play the permanent game of transformation. g-f(2)778
  4. The buzzword is digital transformation. g-f(2)151
  5. The New World has been colonized by global leaders that have skyrocketed their growth by exploiting the treasure. g-f(2)692
  6. These global leaders make the most of technological and multidisciplinary golden knowledge (GK). g-f(2)67, g-f(2)108, g-f(2)160, g-f(2)159, g-f(2)117, g-f(2)192, g-f(2)291, g-f(2)487, g-f(2)786, g-f(2)775, g-f(2)692
  7. The pandemic confirmed how visionary they are and has increased their leadership. g-f(2)160, g-f(2)159, g-f(2)487, g-f(2)786, g-f(2)775, g-f(2)692
  8. In the New World each person can wisely exploit the treasure with a "genioux facts" Personal Digital Transformation (g-f PDT) that can be potentially wonderful and disruptive. g-f(2)838, g-f(2)935, g-f(2)904, g-f(2)882, g-f(2)941, g-f(2)364, g-f(2)865
  9. In the New World the winners have the “g-f Superpower”, the superpower of becoming a fast and successful learner. g-f(2)850, g-f(2)870, g-f(2)882
  10. In the marvelous New World, the  "g-f Superpower" is within everyone's reach. g-f(2)870

Reference


g-f(2)942 THE NEW WORLD (2/16/2022), The Story of the New World in a “g-f KBP” Chart



Condensed knowledge





OPPORTUNITY, geniouxfacts  


The Story of the New World in a  “g-f KBP” Chart



The “genioux facts” Knowledge Big Picture (g-f KBP) standard chart


Some examples of "g-f stories" 


A "g-f story" can be described by a "g-f KBP" graphic. From one "g-f KBP" chart we can design many "g-f KBP" graphics.
  • g-f(2)45 "The Big Picture of the Digital Age": Knowledge opens the way to staggering opportunities, risks and challenges
  • g-f(2)75 THE BIG PICTURE OF THE DIGITAL AGE: “Infinite Learners” to keep pace with change, incertitude and disruption, in a hypercompetitive environment
  • g-f(2)100 The Big Picture of the Digital Age, MIT SMR, LEADERSHIP’S DIGITAL TRANSFORMATION. Leading Purposefully in an Era of Context Collapse.
  • g-f(2)151 The Big Picture of the Digital Transformation, 3/1/2021, geniouxfacts, How To Succeed At Business Digital Transformation.
  • g-f(2)153 The Big Picture of Business Artificial Intelligence (3/3/2021) in a Single “g-f KBP” Chart
  • g-f(2)156 The Big Picture of the Digital Transformation, 3/5/2021, MIT SMR, Digital savviness is the key ingredient in the success of corporate digital transformation.
  • g-f(2)221 The Big Picture of the Digital Age (4/15/2021), MIT SMR-Deloitte, The Workforce Ecosystems in a “g-f KBP” Chart.
  • g-f(2)256 The Big Picture of the Digital Age (5/2/2021), geniouxfacts, The fundamental knowledge mini-pyramid for traveling on the "GKPath" highway.
  • g-f(2)364 The big picture of your life (7/9/2021), geniouxfacts, The path to your greatness and your Personal Digital Transformation (PDT) in a “g-f KBP” Chart.
  • g-f(2)164 The Big Picture of the Digital Transformation, 3/11/2021, HBR, Persuading the Unpersuadable.
  • g-f(2)169 THE BIG PICTURE OF THE DIGITAL AGE (3/15/2021), Harvard, Harvard EdCast: Propaganda Education for a Digital Age.
  • g-f(2)178 THE BIG PICTURE OF BUSINESS ARTIFICIAL INTELLIGENCE (3/24/2021), MIT SMR, How HR Leaders Are Preparing for the AI-Enabled Workforce.
  • g-f(2)179 THE BIG PICTURE OF THE DIGITAL AGE (3/25/2021), MIT SMR, A Paradox No More: Investing in Automation and People.
  • g-f(2)180 THE BIG PICTURE OF THE DIGITAL AGE (3/26/2021), MIT SMR, An Emerging Landscape of Skills for All.

Reference


g-f(2)942 THE NEW WORLD (2/16/2022), The Story of the New World in a “g-f KBP” Chart



Some relevant characteristics of this "genioux fact"

  • Category 2: The Big Picture of the Digital Age
  • [genioux fact deduced or extracted from MIT SMR]
  • 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 a survey.


References


“genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)945, Fernando Machuca, February 18, 2022, blog.geniouxfacts.com, geniouxfacts.com, Genioux.com Corporation.


ABOUT THE AUTHORS


PhD with awarded honors in computer science in France

Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a disruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts". The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.




Key “genioux facts”


  • Some relevant and recent "genioux facts" from the g-f golden knowledge pyramid to master the big picture of the digital age. 
    1. g-f(2)944 THE NEW WORLD NEWS (2/18/2022), geniouxfacts, The Golden Knowledge (GK) Accelerator Line for the Wise Colonization
    2. g-f(2)943 THE NEW WORLD (2/17/2022), The story of the New World in a single sentence
    3. g-f(2)942 THE NEW WORLD (2/16/2022), The Story of the New World in a “g-f KBP” Chart
    4. g-f(2)941 THE NEW WORLD (2/16/2022), The “g-f stories” to your greatness and to help build a much better world for all
    5. g-f(2)940 THE NEW WORLD NEWS (2/14/2022), geniouxfacts, The list of “genioux facts" of the day
    6. g-f(2)939 THE NEW WORLD (2/14/2022), Korn Ferry, Future of Work Trends in 2022: A new era of humanity
    7. g-f(2)938 THE NEW WORLD (2/14/2022), Korn Ferry, FUTURE OF WORK / THE GLOBAL TALENT CRUNCH
    8. g-f(2)937 THE NEW WORLD (2/14/2022), WSJ, The Technology That’s Helping Companies Thrive Amid the Supply-Chain Chaos
    9. g-f(2)936 THE NEW WORLD NEWS (2/14/2022), Bloomberg, U.S. Tech Firms Hunt for Cheap Home-Based Hires in Latin America
    10. g-f(2)935 Lighthouse of the big picture of the digital age (2/14/2022), g-f PDT: How to develop a “Growth Mindset”
    11. g-f(2)934 THE NEW WORLD NEWS (2/13/2022), geniouxfacts, The 10 most read "genioux facts" of the month
    12. g-f(2)933 THE NEW WORLD NEWS (2/13/2022), geniouxfacts, The 10 most read "genioux facts" of the week
    13. g-f(2)932 THE NEW WORLD NEWS (2/12/2022), geniouxfacts, The list of “genioux facts" of the day
    14. g-f(2)931 THE NEW WORLD NEWS (2/12/2022), WSJ, OpenSea’s NFT Free-for-All
    15. g-f(2)930 THE NEW WORLD (2/12/2022), MIT SMR, A Global Brand President’s View of the Future of Work
    16. g-f(2)929 THE NEW WORLD (2/12/2022), HBR, Skills-Based Hiring Is on the Rise
    17. g-f(2)928 THE NEW WORLD (2/12/2022), geniouxfacts, Golden knowledge (GK) to wisely resolve the current lose-lose situation between Russia and Ukraine
    18. g-f(2)927 THE NEW WORLD NEWS (2/11/2022), geniouxfacts, The list of “genioux facts" of the day
    19. g-f(2)926 THE NEW WORLD NEWS (2/11/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
    20. g-f(2)925 THE NEW WORLD (2/11/2022), strategy+business, Building a culture of learning at work
    21. g-f(2)924 THE NEW WORLD (2/11/2022), WHO, Ensuring artificial intelligence (AI) technologies for health benefit older people
    22. g-f(2)923 THE NEW WORLD (2/11/2022), yahoo!news, WWD, L’Oréal’s CEO Addresses Beauty Industry Transformation
    23. g-f(2)922 THE NEW WORLD NEWS (2/10/2022), geniouxfacts, The list of “genioux facts" of the day
    24. g-f(2)921 THE NEW WORLD (2/10/2022), PwC, Demystifying the metaverse
    25. g-f(2)920 THE NEW WORLD (2/10/2022), WSJ, Forget the Office—Salesforce Is Making a Wellness Retreat for Workers
    26. g-f(2)919 THE NEW WORLD NEWS (2/10/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
    27. g-f(2)918 THE BIG PICTURE OF THE DIGITAL AGE (2/10/2022), Media, Nathan Chen brilliantly won the Olympic gold his talent deserved
    28. g-f(2)917 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, The list of “genioux facts" of the day
    29. g-f(2)916 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, Free bet, do you know how to value golden knowledge (GK)?
    30. g-f(2)915 THE NEW WORLD (2/9/2022), Forbes, Why Do Startups Fail And Can We Create An AI Formula To Prevent Failure? An Interview With Harvard Business School Professor Tom Eisenmann
    31. g-f(2)914 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
    32. g-f(2)913 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
    33. g-f(2)912 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
    34. g-f(2)911 THE NEW WORLD NEWS (2/8/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
    35. g-f(2)910 THE NEW WORLD (2/8/2022), Accenture, Fjord Trends 2022: The new fabric of life
    36. g-f(2)909 THE NEW WORLD NEWS (2/7/2022), geniouxfacts, The list of “genioux facts" of the day
    37. g-f(2)908 THE NEW WORLD NEWS (2/7/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
    38. g-f(2)907 THE NEW WORLD NEWS (2/7/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
    39. g-f(2)906 THE NEW WORLD (2/7/2022), Forbes, 6 Most Compelling Qualities Of Digitally Transformed Enterprises
    40. g-f(2)905 THE NEW WORLD NEWS (2/7/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
    41. g-f(2)904 Lighthouse of the big picture of the digital age (2/7/2022), Visionary and Foundational Facts from the Playbook for Successful Personal Digital Transformation (PDT)
    42. g-f(2)903 THE NEW WORLD NEWS (2/6/2022), geniouxfacts, The 10 most read "genioux facts" of the month
    43. g-f(2)902 THE NEW WORLD NEWS (2/6/2022), geniouxfacts, The 10 most read "genioux facts" of the week
    44. g-f(2)901 THE NEW WORLD NEWS (2/5/2022), geniouxfacts, The list of “genioux facts" of the day
    45. g-f(2)900 THE NEW WORLD (2/5/2022), Fortune, How Microsoft’s Satya Nadella rejected a ‘know-it-all’ mentality and became the world’s most admired CEO
    46. g-f(2)899 THE NEW WORLD (2/5/2022), Fortune, World’s Most Admired Companies
    47. g-f(2)898 THE NEW WORLD (2/5/2022), Financial Times, Satya Nadella: ‘Being great at game building gives us permission to build the next internet’
    48. g-f(2)897 THE NEW WORLD NEWS (2/4/2022), geniouxfacts, The list of “genioux facts" of the day
    49. g-f(2)896 THE NEW WORLD NEWS (2/4/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
    50. g-f(2)895 THE NEW WORLD NEWS (2/4/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
    51. g-f(2)894 THE NEW WORLD NEWS (2/4/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
    52. g-f(2)893 THE NEW WORLD (2/4/2022), Media, Amazon Profit Shows Resilience Even as Labor, Supply Crunch Weigh on Results
    53. g-f(2)892 THE NEW WORLD NEWS (2/3/2022), geniouxfacts, The list of “genioux facts" of the day
    54. g-f(2)891 THE NEW WORLD NEWS (2/3/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
    55. g-f(2)890 THE NEW WORLD NEWS (2/3/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
    56. g-f(2)889 THE NEW WORLD NEWS (2/3/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
    57. g-f(2)888 Lighthouse of the big picture of the digital age (2/3/2022), The big winners of the New World are insatiably hungry for golden knowledge (GK)
    58. g-f(2)887 THE NEW WORLD NEWS (2/2/2022), geniouxfacts, The list of “genioux facts" of the day
    59. g-f(2)886 THE NEW WORLD NEWS (2/2/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
    60. g-f(2)885 THE NEW WORLD NEWS (2/2/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
    61. g-f(2)884 THE NEW WORLD NEWS (2/2/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
    62. g-f(2)883 THE BIG PICTURE OF THE DIGITAL AGE (2/2/2022), Media, Google Parent Caps Blockbuster Year With Sales Gains
    63. g-f(2)882 Lighthouse of the big picture of the digital age (2/2/2022), How to learn fast when you have the “g-f Superpower”
    64. g-f(2)881 THE NEW WORLD NEWS (2/1/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
    65. g-f(2)880 THE NEW WORLD (2/1/2022), MIT SMR, Leading Disruption in a Legacy Business
    66. g-f(2)879 THE NEW WORLD NEWS (1/31/2022), geniouxfacts, The list of “genioux facts" of the day
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