For decades, disruptive innovation drove companies to rethink fundamental questions. Who are our competitors? What is our value proposition? What business are we even in? ? Today there are new questions. How will AI and brain-computer interfaces reshape intelligence — and impact Talent and Marketing? How will GenAI challenge our assumptions — and our business model? How should we reassess risk? ? Rethinking these questions requires a deliberate and collaborative approach. ? #BetterWorkingWorld
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A more complex and volatile environment requires leaders to rethink key aspects of their #strategy and #operations. This article delves how leaders can rethink and reinvent their business in an era of emerging technology. #AI - interesting questions to ponder: What existing best practices will no longer work, and what new behaviors are needed to thrive? How should companies rethink their assumptions, practices, strategies and incentives?
How can rethinking everything bring you clarity?
eyconsulting.smh.re
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How will #GenAI challenge our assumptions and our business model? This article discusses the new questions leaders must answer to drive innovation forward.
How can rethinking everything bring you clarity?
eyconsulting.smh.re
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It was an amazing session this week at innovation realized. I am inspired with the talent we have within the firm. We had some amazing sessions; how do companies make sense out of the AI strategy lead by Dan Diasio and how do companies move with speed to capture the value through technology lead by Matt Barrington and Ryan Battles and lastly how do we move forward with GEN AI, what human skills will be redundant and how do companies reorganize the organization to adjust to the ever changing technology landscape lead by Jonathan Sears and Maya Smallwood.
How can rethinking everything bring you clarity?
ey.com
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?? New Article Alert: Improving Decision-Making with AI-Powered Solutions Decision-making is at the heart of organizational success, yet it becomes increasingly challenging as businesses grow in size and complexity. How can leaders make smarter, more consistent choices that align with their objectives and adapt to changing demands? Our latest article, "Introduction to Decision Making and AI-Powered Solutions," serves as a practical guide for organizations looking to enhance their decision-making frameworks. In this piece, we cover: ?? Key components of effective decision-making, from defining objectives to evaluating impact. ?? How AI tools can provide data-driven insights, improve transparency, and foster accountability. ?? Real-world examples from industries like healthcare, retail, and financial services. ?? Read the article to explore how structured processes and explainable AI can transform decisions into strategic advantages: https://lnkd.in/g3UFgYqd ?? What strategies or tools has your organization adopted to improve decision-making? Share your experiences—we’d love to hear your thoughts! #AI #DecisionMaking #RiskManagement #OperationalExcellence Steven Figner Doug Steele Thomas Steeves, ACDA Wyn Wang Catherine Whyman Mike Pretorius Ashraf Chagani, CPA, MPAcc Katarina Pranke, CPA, CIA Fizzah Hussain
An Introduction to Decision Making and AI-Powered Solutions
dpadvisors.ca
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?? Decision-Making: A Thoughtful & Structured Approach Enhanced by Explainable AI Whenever I make decisions—whether in a personal or professional setting—I’ve found that following a clear process is essential. For me, that means: 1. Ensuring I have all the necessary information. 2. Considering all options and weighing the pros and cons. 3. Leveraging tools or technologies that enhance my ability to make thorough, consistent, and accurate choices. In today’s complex and fast-paced business environment, this approach becomes even more critical. That’s why I’m excited to share an article I wrote that dives into the essentials of effective decision-making and explores how AI-powered solutions can elevate this process. ?? Read the full article here: https://lnkd.in/gXUcxVtY ?? I’d love to hear from you: ·??????How do you approach decision-making in your work? ·??????Are tools like AI helping you improve outcomes? Let’s start a conversation! #DecisionMaking #AI #ProfessionalGrowth Decision Point Advisors
?? New Article Alert: Improving Decision-Making with AI-Powered Solutions Decision-making is at the heart of organizational success, yet it becomes increasingly challenging as businesses grow in size and complexity. How can leaders make smarter, more consistent choices that align with their objectives and adapt to changing demands? Our latest article, "Introduction to Decision Making and AI-Powered Solutions," serves as a practical guide for organizations looking to enhance their decision-making frameworks. In this piece, we cover: ?? Key components of effective decision-making, from defining objectives to evaluating impact. ?? How AI tools can provide data-driven insights, improve transparency, and foster accountability. ?? Real-world examples from industries like healthcare, retail, and financial services. ?? Read the article to explore how structured processes and explainable AI can transform decisions into strategic advantages: https://lnkd.in/g3UFgYqd ?? What strategies or tools has your organization adopted to improve decision-making? Share your experiences—we’d love to hear your thoughts! #AI #DecisionMaking #RiskManagement #OperationalExcellence Steven Figner Doug Steele Thomas Steeves, ACDA Wyn Wang Catherine Whyman Mike Pretorius Ashraf Chagani, CPA, MPAcc Katarina Pranke, CPA, CIA Fizzah Hussain
An Introduction to Decision Making and AI-Powered Solutions
dpadvisors.ca
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Another really good article from HBR that outlines the importance of Human Decision-making and how to best leverage human and artificial intellegence. If you need fresh innovative thinking to in your organization, reach out for a chat. #Innovation #strategy #ProblemSolving #CEO #CSuite #BoardofDirectors https://lnkd.in/daxPJAtX
The Irreplaceable Value of Human Decision-Making in the Age of AI
hbr.org
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In a more volatile and interconnected environment, growth entails rethinking fundamental questions and learning from diverse disciplines. #AI#Geostrategy#Risk
How can rethinking everything bring you clarity?
ey.com
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In a more volatile and interconnected environment, growth entails rethinking fundamental questions and learning from diverse disciplines. #AI #geostrategy #tansformationrealised #innovationrealised
How can rethinking everything bring you clarity?
ey.com
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Have you ever wondered what a VECTOR Approach is and what it has to do with competitive advantage? In today's fast-paced and crowded business landscape, the secret to standing out isn't just having a great product or service—it's about developing a unique institutional capability, or "superpower," that sets your company apart. A recent McKinsey & Company article highlights how companies worldwide are transforming their operations by focusing on this very concept. ?? Key Takeaways: Institutional Capabilities: These are integrated systems of people, processes, and technology that enable companies to consistently outperform competitors. Think of Toyota's lean manufacturing or Netflix's culture of "freedom and responsibility." - Success Stories: A retail giant revamped its pricing strategy through analytics, resulting in significant margin expansion. Similarly, a Latin American bank embraced digital transformation to enhance customer centricity and agility, gaining market share and recognition as a digital leader. - VECTOR Approach: Building a superpower involves aligning vision, employees, culture, technology, organization, and routines. This comprehensive approach ensures the capability is sustainable and deeply embedded in the company's DNA. ?? Why It Matters: Companies that invest in building these capabilities not only achieve superior economic performance but also foster innovation and resilience. They become talent magnets, with lower attrition rates and higher employee satisfaction, ultimately leading to long-term success. ???My reflection: As we navigate the complexities of the modern business environment, the VECTOR approach—#vision, #employees, #culture, #technology, #organization, and #routines —becomes increasingly vital. Each element of VECTOR is a cornerstone in building #resilient and #adaptive organizations, especially as we face emerging trends like AI, remote work, geopolitical shifts, and sustainability challenges. As leaders, it's crucial to identify and cultivate the one or two superpowers that will drive your company's success in the coming years. Are you ready to embark on this transformative journey? Thank you, McKinsey & Company, for the opportunity to share this valuable insight. #Leadership #Innovation #BusinessStrategy #OrganizationalCulture #DigitalTransformation #CompetitiveAdvantage #AI #riseaboveandempoweryourself Ignite Your Leadership Journey [Read the full article for more insights and strategies.]
What’s your superpower? How companies can build an institutional capability to achieve competitive advantage
mckinsey.com
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In today's dynamic business environment, standing out goes beyond just having an exceptional product or service. It's about cultivating a unique institutional capability—your or company's “superpower.” A recent article from McKinsey & Company sheds light on how organizations worldwide are transforming their operations through this very concept. As we navigate emerging trends such as AI, remote work, and sustainability challenges, it's vital to recognize and develop the superpowers that will drive your company's success in the coming years. Are you prepared to embark on this transformative journey? #leadership #purpose #coaching #empowerment #riseaboveandempoweryourself Indira B.
Visionary Thought Leader??Top Voice 2024 Overall??Awarded Top Global Leader 2024??CEO | Board Member | Executive Coach Keynote Speaker| 21 X Top Leadership Voice LinkedIn |Relationship Builder| Integrity | Accountability
Have you ever wondered what a VECTOR Approach is and what it has to do with competitive advantage? In today's fast-paced and crowded business landscape, the secret to standing out isn't just having a great product or service—it's about developing a unique institutional capability, or "superpower," that sets your company apart. A recent McKinsey & Company article highlights how companies worldwide are transforming their operations by focusing on this very concept. ?? Key Takeaways: Institutional Capabilities: These are integrated systems of people, processes, and technology that enable companies to consistently outperform competitors. Think of Toyota's lean manufacturing or Netflix's culture of "freedom and responsibility." - Success Stories: A retail giant revamped its pricing strategy through analytics, resulting in significant margin expansion. Similarly, a Latin American bank embraced digital transformation to enhance customer centricity and agility, gaining market share and recognition as a digital leader. - VECTOR Approach: Building a superpower involves aligning vision, employees, culture, technology, organization, and routines. This comprehensive approach ensures the capability is sustainable and deeply embedded in the company's DNA. ?? Why It Matters: Companies that invest in building these capabilities not only achieve superior economic performance but also foster innovation and resilience. They become talent magnets, with lower attrition rates and higher employee satisfaction, ultimately leading to long-term success. ???My reflection: As we navigate the complexities of the modern business environment, the VECTOR approach—#vision, #employees, #culture, #technology, #organization, and #routines —becomes increasingly vital. Each element of VECTOR is a cornerstone in building #resilient and #adaptive organizations, especially as we face emerging trends like AI, remote work, geopolitical shifts, and sustainability challenges. As leaders, it's crucial to identify and cultivate the one or two superpowers that will drive your company's success in the coming years. Are you ready to embark on this transformative journey? Thank you, McKinsey & Company, for the opportunity to share this valuable insight. #Leadership #Innovation #BusinessStrategy #OrganizationalCulture #DigitalTransformation #CompetitiveAdvantage #AI #riseaboveandempoweryourself Ignite Your Leadership Journey [Read the full article for more insights and strategies.]
What’s your superpower? How companies can build an institutional capability to achieve competitive advantage
mckinsey.com
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