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Friday, September 20, 2024

g-f(2)2915 Harnessing GenAI: The Future of Leadership and Talent Retention

 


genioux Fact post by Fernando Machuca and ChatGPT


Introduction by Fernando and ChatGPT


In the g-f New World, where transformation is the key to survival and success, leaders must continuously adapt, evolve, and harness the most advanced tools at their disposal. g-f(2)2915: Harnessing GenAI: The Future of Leadership and Talent Retention is a critical guide for winning the g-f Transformation Game (g-f TG), equipping leaders with the knowledge and strategies to stay ahead in this rapidly shifting landscape.


The future of leadership is intertwined with the rise of Generative AI (GenAI), a tool that empowers managers and leaders to not only enhance their decision-making and problem-solving capabilities but also attract and retain the next generation of AI-savvy talent. As we explore in g-f(2)2915, the ability to integrate GenAI into daily workflows is not just a competitive advantage—it's a necessity for driving innovation, cultivating resilience, and achieving sustainable growth in the g-f New World.


Winning the g-f TG requires more than technical proficiency; it demands a deep understanding of how to leverage GenAI to build a forward-thinking, collaborative, and innovative leadership culture. This post provides essential insights for leaders aiming to master the Digital Age, laying out the roadmap for integrating AI fluency into talent management, shaping the future of leadership, and unlocking the full potential of GenAI within organizations.



Introduction:


As the next generation of managers enters the workforce, they bring with them a deep understanding of generative AI (GenAI) tools, which they use extensively to enhance decision-making and streamline processes. However, many organizations are unprepared to fully integrate these GenAI-savvy employees into their workflows. This article explores how businesses can attract, onboard, and retain these future leaders while ensuring that GenAI is effectively utilized to drive innovation and success.



genioux GK Nugget:


"Organizations that embrace generative AI and foster a culture of innovation will attract and retain the next generation of AI-savvy managers, positioning themselves for long-term success in the digital age." — Fernando Machuca and ChatGPT, September 20, 2024



genioux Foundational Fact:


The next wave of managers is already using GenAI tools extensively, with 40% of business graduate students relying on AI daily. Companies must adapt to this new reality by integrating GenAI into workflows, providing employees with the right tools, and creating an environment that supports innovation. Doing so will allow businesses to harness the full potential of GenAI while retaining top talent and preventing frustration from outdated processes.



The 10 most relevant genioux Facts:




  1. GenAI Adoption Gap: Only 15% of current managers use GenAI consistently, while 40% of business graduate students are already using it multiple times a day.
  2. AI-Ready Talent: The next generation of managers is proficient in using GenAI tools both as executors and thought partners, applying them across a wide range of tasks.
  3. Workplace Preparedness: 40% of organizations restrict GenAI usage to select groups of employees, which could lead to frustration for new hires eager to apply their skills.
  4. Employer Attraction: Companies that showcase their GenAI integration in workflows and offer employees the freedom to innovate with AI tools will attract the best AI-ready talent.
  5. Onboarding and Engagement: Leveraging GenAI for onboarding processes can help new hires quickly integrate into the company while providing them with the AI tools they are familiar with.
  6. Responsible AI Use: New hires must be trained on the responsible use of GenAI within corporate environments, balancing freedom and control to ensure ethical AI usage.
  7. Cross-Generational Learning: Reciprocal mentorship programs can facilitate knowledge sharing between GenAI-savvy younger employees and experienced leaders with deep contextual understanding.
  8. AI in Career Progression: Companies need to revise job descriptions and promotion criteria to reflect the growing importance of GenAI skills, creating clear career paths for AI-proficient employees.
  9. New Job Roles: The rise of GenAI is creating new roles such as LLM optimization (LLMO), requiring organizations to stay ahead of AI trends to attract talent in emerging fields.
  10. Cultural Adaptation: Integrating GenAI into company culture requires a collective effort from all managers, not just HR, to ensure a smooth transition to an AI-empowered workforce.



Conclusion:


The future of business leadership is intertwined with generative AI, and companies must act now to ensure they are prepared for the influx of AI-savvy talent. By embracing GenAI, revising job roles, and fostering a culture of innovation and learning, organizations can not only attract and retain the best talent but also lead the charge in the digital transformation that defines the future of work. The success of the next generation of managers, and the organizations they join, will depend on the seamless integration of GenAI into daily workflows and strategic decision-making.





REFERENCES

The g-f GK Context


Gabriele Rosani and Elisa Farri, How the Next Generation of Managers Is Using Gen AI, Harvard Business Review, September 20, 2024.



ABOUT THE AUTHORS


Gabriele Rosani is the director of content and research at Capgemini Invent’s Management Lab. He is a co-author of the forthcoming book HBR Guide to Generative AI for Managers.


Elisa Farri is vice president, and co-lead of Capgemini Invent’s Management Lab, and Thinkers50 Radar Class of 2023. She is the co-author of the forthcoming book HBR Guide to Generative AI for Managers.



Classical Summary of the Article:


The Harvard Business Review article, "How the Next Generation of Managers Is Using Gen AI," by Gabriele Rosani and Elisa Farri (September 2024), explores how a new generation of managers is increasingly adopting generative AI (GenAI) in their roles, a trend that is outpacing its use among current managers. Only 15% of today’s leaders and managers regularly use GenAI, while 40% of business graduate students leverage it multiple times a day. This new wave of AI-savvy managers, poised to enter the workforce, is likely to face a corporate landscape that is ill-prepared for their capabilities. The article highlights how organizations can become magnets for this GenAI talent and successfully onboard, engage, integrate, and retain them.


The authors provide four strategies for organizations to adapt: attracting GenAI-ready talent by showcasing AI integration into workflows, utilizing GenAI in onboarding to enhance new hire experiences, encouraging reciprocal mentorship between generations of employees, and creating new job descriptions and career paths that reflect an AI-first workplace. The article emphasizes the importance of organizations evolving quickly to support these AI-proficient employees, while also integrating their skills into traditional workflows, ensuring cultural alignment, and maintaining responsible AI use.


By adopting these strategies, companies can avoid the risks of talent frustration and turnover, while positioning themselves as leaders in the AI-driven transformation of business.





Gabriele Rosani


Gabriele Rosani is a highly respected professional in the field of strategy consulting, currently serving as the Director of Content and Research at Capgemini Invent’s Management Lab. With over fifteen years of experience, Gabriele has made significant contributions to innovation management and business transformation.


In his role at Capgemini Invent, Gabriele focuses on bridging the gap between academic research and practical business applications. His work involves developing insightful content and conducting in-depth research to support organizations in navigating the complexities of modern business environments. He is particularly known for his expertise in innovation management, helping companies to foster creativity and implement transformative strategies.


Gabriele is also a prolific contributor to leading management magazines, including Harvard Business Review, Dialogue Review, “I” by IMD, and The European Business Review¹. His articles often explore the latest trends in innovation and business transformation, providing valuable insights for both academics and practitioners.


In addition to his consulting and research work, Gabriele has contributed to several management books in collaboration with renowned organizations such as Thinkers50, PMI, and the Business Ecosystem Alliance¹. His thought leadership and extensive experience make him a sought-after speaker at conferences and seminars worldwide.


Gabriele's dedication to advancing the field of innovation management and his ability to translate complex concepts into actionable strategies have earned him a reputation as a leading expert in his field. His work continues to influence the way organizations approach innovation and business transformation.


Source: Conversation with Copilot, 9/20/2024


(1) Perspectives from Capgemini Elisa Farri and Gabriele Rosani. https://www.capgemini.com/insights/research-library/perspectives-from-capgemini-elisa-farri-and-gabriele-rosani/.

(2) How the Next Generation of Managers Is Using Gen AI. https://hbr.org/2024/09/how-the-next-generation-of-managers-is-using-gen-ai.

(3) Gabriele Rosani - I by IMD. https://www.imd.org/ibyimd/iauthors/gabriele-rosani/.



Elisa Farri


Elisa Farri is a prominent figure in the field of strategy and innovation management, currently serving as the Vice President and Co-Lead of Capgemini Invent’s Management Lab. She is also a member of the prestigious Thinkers50 Radar Class of 2023, recognized for her contributions to advancing management practices.


Elisa's career is marked by her dedication to bridging the gap between academic research and practical business applications. She has worked extensively in strategy and consulting, advising Fortune 500 corporations on transformative projects and supporting executives in becoming high-performing teams¹. Her expertise lies in innovation management, where she helps organizations foster creativity and implement effective strategies for growth.


Before her current role, Elisa worked as a researcher at Harvard Business School’s Europe Research Center in Paris, where she nurtured relationships with leading management thinkers from top business schools¹. Her academic background and research experience have equipped her with a deep understanding of the latest management theories and practices.


Elisa is a prolific contributor to leading management magazines, including Harvard Business Review, where she shares her insights on strategy, innovation, and sustainability¹. She has co-authored several influential articles and case studies, providing valuable guidance to both academics and practitioners.


In addition to her consulting and research work, Elisa is actively involved in thought leadership. She speaks at conferences and seminars worldwide, sharing her knowledge and expertise with a broader audience. Her work continues to influence the way organizations approach innovation and business transformation.


Source: Conversation with Copilot, 9/20/2024


(1) Elisa Farri & Paolo Cervini - Thinkers50. https://thinkers50.com/biographies/elisa-farri-paolo-cervini/.

(2) The Human- Centric Enterprise - Thinkers50. https://thinkers50.com/the-human-centric-enterprise/.

(3) Management Lab - Strategies for business | Capgemini Invent. https://www.capgemini.com/about-us/who-we-are/our-brands/capgemini-invent/the-management-lab-by-capgemini-invent/.



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



“genioux facts”: The online program on "MASTERING THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)2915, Fernando Machuca and ChatGPT, September 20, 2024, Genioux.com Corporation.


The genioux facts program has established a robust foundation of over 2914 Big Picture of the Digital Age posts [g-f(2)1 - g-f(2)2914].



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