g-f(2)1853 Future-Proofing Your Business with Generative AI: A Preparation Guide

 

genioux Fact post by Fernando Machuca and Bing Chatbot

Introduction: 

The webinar "Preparing Your Organization for a Generative Future" is an enlightening session that provides guidance on how to strategically plan and implement Generative AI (GenAI) in an organization.

genioux GK Nugget: 

"Generative AI, when systematically implemented, can be a transformative force in an organization, driving innovation and creating new opportunities." — Fernando Machuca and Bing Chatbot

genioux Foundational Fact: 

The webinar, led by George Westerman, a senior MIT Sloan School of Management lecturer, emphasizes that leveraging GenAI across a business requires careful organizational planning and change. It provides a roadmap on how to get started with GenAI, discussing aspects like finding opportunities in a complex organization, ensuring the right technical and human capabilities, addressing policy and regulatory concerns, and aligning GenAI with other digital activities in the organization.

10 Relevant genioux Facts:

1. Generative AI can be leveraged across various business functions.
2. Implementing GenAI requires careful organizational planning and change.
3. Opportunities for GenAI application can be found throughout a complex organization.
4. Successful implementation of GenAI requires the right mix of technical and human capabilities.
5. Policy and regulatory concerns need to be addressed when implementing GenAI.
6. GenAI should be aligned with other digital activities in the organization.
7. The webinar is part of a series led by George Westerman, a senior MIT Sloan School of Management lecturer.
8. The series aims to unravel myths, find opportunities, and prepare organizations for the use of GenAI.
9. The webinar provides guidance to help business leaders thoughtfully plan a GenAI implementation.
10. The session was held in the fall of 2023.

Conclusion: 

The webinar "Preparing Your Organization for a Generative Future" offers valuable insights into the strategic implementation of GenAI in an organization. It underscores the importance of careful planning, the right capabilities, and alignment with other digital activities. As we continue to harness the power of GenAI, it's clear that it will play a pivotal role in shaping the future of organizations.

REFERENCE

The GK Webinar

George Westerman, Tom Peck, and Abbie Lundberg, Preparing Your Organization for a Generative Future, MIT Sloan Management Review, January 07, 2024.

George Westerman 

George Westerman is a Senior Lecturer at the MIT Sloan School of Management and a pioneering researcher in the field of digital transformation³. He is the founder of the Global Opportunity Initiative³ and has made significant contributions to the fields of executive leadership and technology strategy³.

Westerman is the co-author of the award-winning book "Leading Digital: Turning Technology Into Business Transformation"⁴. The book, co-authored with Didier Bonnet and Andrew McAfee, highlights how large companies in traditional industries are using digital technology to gain strategic advantage². It is based on a study of more than four hundred global firms and provides insights into what it takes to become a Digital Master².

In his work, Westerman emphasizes that success in digital transformation is as much about what you don’t do as what you do². He believes that in the context of so many opportunities to digitize your business, it’s easy to become distracted by the latest shiny object. But when it comes to making real strategic commitments, investing real dollars, and involving real people, only a focused approach to digital transformation delivers real business value².

In addition to his academic work, Westerman also contributes to the business community. He is the founder of the Global Opportunity Forum in MIT’s Office of Open Learning⁵. His work focuses on the ways in which business leaders are transforming their organizations⁵.

In summary, George Westerman is a respected figure in the field of digital transformation, providing valuable insights and guidance to both the academic and business communities. His work continues to shape our understanding of the digital landscape and its impact on business operations.

Source: Conversation with Bing, 1/14/2024

(1) George F Westerman | MIT Sloan. https://mitsloan.mit.edu/faculty/directory/george-f-westerman.

(2) Leading Digital: Turning Technology Into Business Transformation. https://mitpressbookstore.mit.edu/book/9781625272478.

(3) Book Summary - Leading Digital: Turning Technology into Business .... https://lanredahunsi.com/leading-digital-by-george-westerman/.

(4) The Transformer CLO - Harvard Business Review. https://hbr.org/2020/01/the-transformer-clo.

(5) An Executive Summary: Leading Digital by George Westerman, Didier .... https://www.thedigitaltransformationpeople.com/channels/the-case-for-digital-transformation/leading-digital-a-summary/.

(6) undefined. https://bing.com/search?q=.

Tom Peck

Tom Peck is the Executive Vice President and Chief Information and Digital Officer (CIDO) at Sysco (NYSE: SYY)¹. His role encompasses a broad scope, including technology, e-commerce, cybersecurity, data analytics, and inbound supply chain and logistics¹.

Peck's mandate at Sysco is to accelerate the company's growth through the strategic use of modern technologies and data¹. He is responsible for driving digital transformation across the organization, leveraging technology to enhance Sysco's operations and customer experience¹.

Prior to joining Sysco, Peck held leadership roles at several major corporations, where he gained extensive experience in managing IT strategy and digital transformation¹. His expertise lies in aligning technology initiatives with business goals to drive growth and operational efficiency¹.

In summary, Tom Peck is a seasoned technology executive with a strong track record in leading digital transformation. At Sysco, he plays a pivotal role in harnessing technology and data to drive growth and enhance the company's operations¹.

Source: Conversation with Bing, 1/14/2024

(1) Tom Peck - Journalist Profile - Intelligent Relations. https://intelligentrelations.com/journalist/tom-peck/.

(2) Articles by Tom Peck’s Profile | The Times Journalist | Muck Rack. https://muckrack.com/tom-peck/articles.

(3) Tom Lake Summary and Study Guide | SuperSummary. https://www.supersummary.com/tom-lake/summary/.

Abbie Lundberg

Abbie Lundberg is the Editor in Chief at MIT Sloan Management Review¹. She is a content strategist, writer, and professional speaker with over 30 years of experience reporting and commenting on tech-enabled business strategy, leadership, transformation, and change¹.

Before joining MIT SMR, Lundberg ran Lundberg Media, which she founded in 2009¹. During that time, she produced numerous influential papers on tech-enabled business strategy and transformation and led hundreds of executive roundtables, webinars, and events in both the U.S. and abroad¹. Prior to that, she served as editor in chief at CIO, leading the publication through a 13-year period of tremendous growth and change¹.

In addition to her editorial work, Lundberg is a sought-after keynote presenter and panel moderator for executive conferences, roundtables, and events⁴. Her work focuses on the ways in which business leaders are transforming their organizations³.

In summary, Abbie Lundberg is a respected figure in the field of tech-enabled business strategy, providing valuable insights and guidance to both the academic and business communities. Her work continues to shape our understanding of the digital landscape and its impact on business operations.

Source: Conversation with Bing, 1/14/2024

(1) Abbie Lundberg - MIT Sloan Management Review. https://sloanreview.mit.edu/abbie-lundberg/.

(2) Home page | Lundberg Media. http://www.lundbergmedia.com/.

(3) The Transformer CLO - Harvard Business Review. https://hbr.org/2020/01/the-transformer-clo.

(4) About | Lundberg Media. http://lundbergmedia.com/about.

(5) undefined. https://sloanreview.mit.edu/wp-content/uploads/2021/09/Abbie-Lundberg.

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Categorization

This genioux Fact post is classified as Breaking Knowledge which means: Insights for comprehending the forces molding our world and making sense of news and trends.

Type: Breaking Knowledge, Free Speech

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References

“genioux facts”: The online program on "MASTERING THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)1853, Fernando Machuca and Bing Chatbot, January 14, 2024, Genioux.com Corporation.

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