How can boards higher perceive the potential impacts of AI? The authors counsel six eventualities that every one boards should think about — after which act upon — starting from predicting excessive operational adjustments, to anticipating new strategic methods to compete, to foreseeing existential threats that would obviate one’s enterprise.
AI is a disruptive drive with the potential to upend many established points of our financial system. We imagine boards can most successfully speak about AI by working via eventualities to know the way it impacts their enterprise. AI is shifting too shortly to take the traditional method of commissioning a method workforce or a consultancy to deliver stable information on tendencies to make use of for dialogue. As an alternative, by driving a structured dialogue that makes use of a spread of eventualities for the way AI can have an effect on firm tradition and reshape your corporation, you may see future prospects extra clearly and develop acceptable plans to anticipate, and higher but, form the route forward.