Friday, August 2, 2024

g-f(2)2703 The AI-Savvy Leader: How to Navigate the Next Great Leadership Challenge


 


genioux Fact post by Fernando Machuca and Gemini



Introduction by Fernando and Gemini


Welcome to the next exciting chapter in our exploration of the AI revolution, g-f(2)2703: The AI-Savvy Leader: How to Navigate the Next Great Leadership Challenge. As we continue to forge ahead into the ever-evolving landscape of the g-f New World, where artificial intelligence is rapidly reshaping industries and redefining possibilities, this post serves as a guiding light for leaders seeking to harness the transformative power of AI while upholding human values and ensuring a prosperous future for all.


The significance of g-f(2)2703 lies in its potential to equip leaders with the essential knowledge and strategies needed to navigate the complexities of AI adoption. By understanding the nuances of AI technology, aligning its implementation with organizational purpose, and fostering a human-centric approach, leaders can unlock unprecedented opportunities for growth and innovation.


In this post, we delve into the unique challenges and opportunities presented by AI, drawing upon the insights of experts like David De Cremer, a renowned behavioral scientist and business school dean. We'll explore how AI is not merely a technological tool but a catalyst for change that demands a new breed of leaders who can balance technical understanding with empathy and adaptability.


Furthermore, we'll examine the critical role of communication and collaboration in successful AI adoption, highlighting the importance of bridging the gap between tech and business experts, fostering open dialogue, and empowering employees to embrace AI as a tool for empowerment.


By mastering the principles outlined in g-f(2)2703, leaders can not only win the g-f Transformation Game (g-f TG) but also shape a future where AI serves as a force for good, driving innovation, and creating a more equitable and sustainable world. Join us as we unlock the secrets of AI-savvy leadership and empower ourselves to lead with confidence and purpose in the g-f New World.



Introduction:


The rise of artificial intelligence (AI) presents a transformative opportunity for businesses, but also a significant leadership challenge. This article "The AI-Savvy Leader: Building the Leadership Skills to Make AI Work" from Knowledge@Wharton explores how leaders can navigate the complexities of AI adoption and integration, emphasizing the importance of understanding AI, aligning it with organizational purpose, and fostering a human-centric approach.



genioux GK Nugget:


"AI is not just a technological tool; it's a leadership challenge that requires a new set of skills and mindsets to harness its transformative power." — Fernando Machuca and Gemini, August 2, 2024



genioux Foundational Fact:


Successful AI adoption requires leaders to understand AI, align its implementation with the organization's purpose, prioritize a humans-first approach, foster open communication, and leverage traditional leadership skills in a new context.



The 10 Most Relevant Genioux Facts:





  1. AI is a game changer, a value creator, and a once-in-a-lifetime opportunity, but also the next great leadership challenge.
  2. Leaders should view AI as their ultimate change management project.
  3. The first task for leaders is to align AI comprehension with organizational purpose.
  4. Leaders need to be visionary and make AI meaningful to their organization.
  5. A humans-first, AI second outlook focuses on how AI can elevate employees, not replace them.
  6. The savvy AI leader is an excellent communicator who can bridge the gap between tech and business experts.
  7. Open communication and flattened hierarchies are essential for successful AI adoption.
  8. Traditional leadership skills like vision, communication, and decision-making remain crucial in the AI era.
  9. AI should be functional to the vision and objectives of the company, not just implemented out of FOMO.
  10. The conversation about leadership is often missing from discussions around AI, to the detriment of organizations.



Conclusion:


The AI revolution demands a new breed of leaders who can balance technological understanding with human-centric approaches. By embracing AI as a tool for empowerment, fostering open communication, and leveraging traditional leadership skills in a new context, leaders can successfully navigate the AI landscape and unlock its transformative potential for their organizations.





REFERENCES

The g-f GK Context


Angie BasiounyThe AI-Savvy Leader: Building the Leadership Skills to Make AI Work, Knowledge at Wharton, July 29, 2024.



ABOUT THE AUTHOR


Angie Basiouny is a distinguished journalist and editor known for her insightful contributions to the Wharton School’s online business analysis journal, Knowledge at Wharton. With a career spanning various publications, she excels in covering complex subjects such as artificial intelligence, supply chains, and the impact of technology on industries. Her ability to distill intricate information into accessible and engaging content has made her a respected voice in business journalism. Angie’s work not only informs and influences readers but also provides valuable insights to students, professionals, and academics alike.



Classical Summary of the Article


David De Cremer, a behavioral scientist and business school dean, addresses the challenges and opportunities that artificial intelligence (AI) presents to business leaders in his book, "The AI-Savvy Leader." He emphasizes that while AI is a transformative technology with immense potential, it also poses a significant leadership challenge that requires a new set of skills and mindsets.


De Cremer advises leaders to view AI adoption as a change management project, emphasizing the importance of understanding AI and aligning its implementation with the organization's purpose. He advocates for a "humans-first, AI second" approach, focusing on how AI can enhance employees' capabilities rather than replace them.


Effective communication is crucial for successful AI adoption, and De Cremer highlights the need for leaders to bridge the gap between tech and business experts, flatten communication hierarchies, and create an open environment where information about AI's successes and failures can be freely shared.


The article also emphasizes that traditional leadership skills, such as vision, communication, and decision-making, remain essential in the AI era. Leaders must adapt these skills to a new context where AI plays a significant role.


Overall, the article provides a comprehensive overview of the challenges and opportunities that AI presents to business leaders. It emphasizes the need for a human-centric approach to AI adoption, highlighting the importance of understanding AI, aligning it with organizational purpose, fostering open communication, and leveraging traditional leadership skills in a new context.





Angie Basiouny: A Prolific Journalist and Editor


Angie Basiouny is a distinguished journalist and editor, known for her insightful contributions to the Wharton School of the University of Pennsylvania. Her work spans a wide range of topics, including business, technology, and innovation².


Early Career and Journalism

Angie Basiouny began her career as a journalist, writing for various publications. She has a knack for covering complex subjects such as artificial intelligence, supply chains, and the impact of technology on different industries². Her articles often feature expert commentary and in-depth analysis, making her a respected voice in the field.


Role at Knowledge at Wharton

At the Wharton School, Angie Basiouny serves as a writer and editor for Knowledge at Wharton, the school's online business analysis journal. In this role, she focuses on delivering high-quality content that explores the latest trends and developments in the business world². Her work has been instrumental in providing valuable insights to students, professionals, and academics alike.


Contributions and Impact

Angie's contributions extend beyond Wharton. She has also written for Phys.org, where she covers scientific topics and their implications for various industries². Her ability to distill complex information into accessible and engaging content has made her a sought-after journalist and editor.


Recognition and Influence

Throughout her career, Angie Basiouny has been recognized for her dedication to journalism and her ability to provide thoughtful analysis on pressing issues. Her work continues to influence and inform readers, making her a key figure in the world of business journalism².


²: [Intelligent Relations](https://intelligentrelations.com/journalist/angie-basiouny/)


If you have any more questions or need further details, feel free to ask!


Source: Conversation with Copilot, 8/2/2024

(1) Angie Basiouny - Journalist Profile - Intelligent Relations. https://intelligentrelations.com/journalist/angie-basiouny/.

(2) Meet Angie Basiouny - The News Journal. https://www.delawareonline.com/story/lifestyle/2010/06/29/meet-angie-basiouny/63948088007/.

(3) Angie Basiouny - Agenda Contributor | World Economic Forum. https://www.weforum.org/agenda/authors/angie-basiouny/.



Complementary g-f GK


Wharton SchoolAI Horizons: The AI-Savvy Leader – AI at Wharton, YouTube channel, July 17, 2024.

  • 710 views
  • AI at Wharton’s AI Horizons webinar series continued with a conversation between David De Cremer, author of “The AI-Savvy Leader: 9 Ways to Take Back Control and Make AI Work,” and Stefano Puntoni, Faculty Co-Director of AI at Wharton. Explore how leaders can reclaim their pivotal role in AI implementation, driving their organizations toward a growth-centric AI future.




Classical Summary of the Video:


This video is about a webinar hosted by Wharton School on the topic of AI and leadership. The speaker is David Kramer, a dean of a business school and a thought leader in the area of leadership.


The main takeaways from the video are:


  • Businesses are struggling to extract value from AI because of a disconnect between decision making and the analysis from AI.
  • Leaders need to be able to understand AI and how it can be used to create value in their organizations.
  • AI adoption cannot be delegated and leaders must take ownership to ensure success.
  • Some of the leadership behaviors that are still important in the AI era include vision, communication, and the ability to ask the right questions.
  • It is important to find a balance between AI and human decision-making, and to avoid treating people like data points.
  • AI can be a useful tool for mental health and well-being, but it is important to use it in a way that is human-centered and trustworthy.



David De Cremer: A Pioneer in Behavioral Science and AI Leadership


David De Cremer is a distinguished Belgian scholar and author, renowned for his work in behavioral applications to organizations, management, and economics. He holds the prestigious KPMG chair in management studies at the University of Cambridge's Judge Business School¹. De Cremer is also the founder of the Centre on AI Technology for Humankind (AiTH) in Singapore and a former member of the scientific committee at AI Singapore, focusing on AI governance³.


Born in Leuven, Belgium, De Cremer earned a master's degree in social psychology and a bachelor's degree in philosophy from the University of Leuven. He later obtained his Ph.D. from the University of Southampton, UK, where he studied the psychological determinants of cooperation in economic decision-making games¹.


Throughout his career, De Cremer has been recognized for his contributions to social psychology and management. He has received numerous awards, including the British Psychology Society award for “Outstanding Ph.D. thesis in social psychology” and the “Comenius European Young Psychologist award”¹. His interdisciplinary research has led to innovative ideas that bridge the gap between human behavior and smart technologies in business and society⁴.


De Cremer is the author of several influential books, including “Leadership by Algorithm: Who leads and who follows in the AI era?” and “The AI-Savvy Leader: 9 Ways to Take Back Control and Make AI Work.” His work emphasizes the importance of ethical AI governance and the role of leaders in navigating the complexities of the AI-driven world³.


With a career spanning Europe, the US, the Middle East, and Asia, David De Cremer continues to inspire and lead in the fields of behavioral science and AI leadership, making significant contributions to both academia and industry¹³.


¹: [Wikipedia](https://en.wikipedia.org/wiki/David_De_Cremer)

³: [EAI](https://ai.northeastern.edu/our-people/david-de-cremer)

⁴: [D'Amore-McKim School of Business](https://damore-mckim.northeastern.edu/people/david-de-cremer/)


If you have any more questions or need further details, feel free to ask!


Source: Conversation with Copilot, 8/4/2024

(1) David De Cremer - Wikipedia. https://en.wikipedia.org/wiki/David_De_Cremer.

(2) David De Cremer | EAI. https://ai.northeastern.edu/our-people/david-de-cremer.

(3) David De Cremer - D'Amore-McKim School of Business. https://damore-mckim.northeastern.edu/people/david-de-cremer/.

(4) David De Cremer. https://www.daviddecremer.com/.



Stefano Puntoni: A Leader in Marketing and AI


Stefano Puntoni is the Sebastian S. Kresge Professor of Marketing and the Faculty Co-Director of AI at the Wharton School of the University of Pennsylvania¹. Before joining Wharton, he was a professor of marketing and head of the department at the Rotterdam School of Management, Erasmus University, in the Netherlands¹².


Puntoni holds a Ph.D. in marketing from London Business School and a degree in Statistics and Economics from the University of Padova in Italy¹. His research focuses on how new technologies, including artificial intelligence, are transforming consumption and society. He has published extensively in leading academic journals such as the Journal of Consumer Research, Journal of Marketing Research, and Nature Human Behavior¹².


In addition to his academic work, Puntoni writes for managerial outlets like Harvard Business Review and MIT Sloan Management Review, and his research is frequently featured in the media². He is also an Associate Editor at the Journal of Consumer Research and the Journal of Marketing².


At Wharton, Puntoni teaches courses on marketing strategy, new technologies, brand management, and decision-making. His work continues to influence both academia and industry, making him a prominent figure in the fields of marketing and AI¹².


¹: [Wharton Marketing Department](https://marketing.wharton.upenn.edu/profile/puntoni/)

²: [Erasmus University Rotterdam](https://www.eur.nl/en/people/stefano-puntoni)


If you have any more questions or need further details, feel free to ask!


Source: Conversation with Copilot, 8/2/2024

(1) Stefano Puntoni – Marketing Department. https://marketing.wharton.upenn.edu/profile/puntoni/.

(2) prof.dr. (Stefano) S Puntoni | Erasmus University Rotterdam. https://www.eur.nl/en/people/stefano-puntoni.

(3) Stefano Puntoni - Wharton Executive Education. https://executiveeducation.wharton.upenn.edu/faculty/stefano-puntoni/.

(4) Stefano Puntoni – Martech Development. https://martechdev.wharton.upenn.edu/profile/puntoni/.



The categorization and citation of the genioux Fact post


Categorization


This genioux Fact post is classified as Bombshell Knowledge which means: The game-changer that reshapes your perspective, leaving you exclaiming, "Wow, I had no idea!"


Type: Bombshell Knowledge, Free Speech



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REFERENCES



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