AI Monthly: Build for the Future
Sylvain Duranton
Global Leader BCG X, Forbes and Les Echos Contributor, Senior Partner & Managing Director Boston Consulting Group
Dear AI Enthusiasts,
Let me ask you a question: Is your company built for the future?
According to BCG's latest research, 60% of companies worldwide are planning on increasing their digital investments for 2023, but many CEOs are frustrated by poor business cases, increasing capital expenditures, and unclear value. However, a few future-built companies have managed to crack the code, leading disruption while demonstrating resilience.?
After surveying 725 C-suite members to better understand the superior skills and capabilities that make companies the most successful in a rapidly evolving digital landscape, we've identified 6 attributes for success–establishing leadership alignment around a clear purpose, attracting and retaining world-class talent, implementing an agile operating model, creating an innovation-driven culture, developing scalable data and technology platforms, and finally, fully embedding AI that creates value. In fact, advanced companies invest twice as much in AI and realize a 3.5 times greater return on these investments!??
These attributes ultimately create a flywheel effect. Once a company has the necessary data and analytics capabilities, it can invent, deploy, adapt, and reinvent much quicker and with more impact than its competitors. It can now ride the wave of technological development, leaving its overly cautious peers behind.
Following these success factors, all companies can become future-built. Be sure to check out our new playbook!
Until next time,
Sylvain Duranton
This Month’s Top Reads:
BCG is collaborating with Intel to help enterprises across all industries develop and deploy secure, safe, and responsible generative AI solutions at scale.
领英推荐
Our BCG X experts Nicolas de Bellefonds and Suchi Srinivasan explain where generative AI is already having a transformative impact in multiple industries and how it will redefine roles from marketing and finance to IT and sales.
Get Ready for AI Climate Action | Forbes
In my new Forbes article, I explore how AI is emerging as a fundamental tool in the fight against climate change and share how corporates can build a future where humanity and technology work in harmony.
AI Is Helping Companies Redefine, Not Just Improve Performance | MIT Sloan Management Review
MIT Sloan Management Review explores how AI can be used not only to measure organizational performance but also to inform the questions being asked and data being queried, and shares how to set smart KPIs based on changing conditions.
Generative AI Will Change Your Business. Here’s How to Adapt | Harvard Business Review
As the generative AI revolution progresses, the race is on to see which brands can deliver the best customer experience. HBR shares how leaders can get ahead.
Bonus Stream ??:
What We Do and Don’t Know About Generative AI | The So What from BCG
Stream my conversation with Georgie Frost as we explore generative AI’s massive potential and risks across industries, the future of work, strategies for business leaders to navigate and deploy emerging technologies, responsible AI practices, and more.
Security Strategy Advisor | National Security | Corporate Security | Strategic Leadership in Crises | Physical Security | AI Trust, Risk & Security Management (AI TRiSM) | Technology Systems Recovery
1 年Thank you for sharing; very interesting.
CEO & founder @Yakadata??| People, AI & data strategist?? & international speaker ??? | FoodTech Enthusiast ??
1 年Sylvain Duranton thanks for sharing ! In your list "establishing leadership alignment around a clear purpose, attracting and retaining world-class talent, implementing an agile operating model, creating an innovation-driven culture, developing scalable data and technology platforms, and finally, fully embedding AI that creates value" have you identified which ones are more like the roots and which one are more consequences arriving when the roots are in place ?