Interim Management in the AI Era - Ethical Stewardship
Richard Norén, MSc, MBA
CEO, TRANSFORMATION, TURN AROUND, STRATEGY M&A, COST EFFICIENCY. CERTIFIED BOARD MEMBER
As the 20th century unfolded, the concept of interim management - bringing in seasoned professionals to manage transitions, crises, or fill gaps - emerged as a vital tool in the corporate playbook. The idea? To harness the experience and nimbleness of proven leaders in times of change. But as we meander into the digital age, there's a new player on the block: Artificial Intelligence (AI).
The last decade has seen AI transition from the stuff of science fiction to the boardroom, impacting decision-making, data analysis, and strategy formulation. So, what happens when the algorithmic precision of AI meets the human-centric world of interim management?
1. Evolving Role of Interim Managers: With AI handling data analytics and predictive tasks, interim managers might focus more on human-centric areas like change management, employee morale, and corporate culture, areas where emotional intelligence is paramount.
2. A Fusion of Skills: The interim manager of the future might not just be a seasoned professional in leadership but also adept at interpreting AI outputs, ensuring that machine-driven recommendations align with human-driven company values.
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3. Continuous Learning: As AI systems rapidly evolve, interim managers will be in a perpetual state of learning, adapting to the latest technological advances to stay relevant.
4. Ethical Stewardship: One of the most significant roles of an interim manager in an AI-driven environment might be ethical oversight. Ensuring AI decisions are made without biases and are in the best interest of all stakeholders will be paramount.
History tells us that with every technological advance, from the steam engine to the internet, roles change but don't necessarily become obsolete. The rise of AI in the corporate world could very well redefine interim management, not replacing it but enhancing it, making the role even more pivotal in bridging the gap between man and machine.
In the dance between technology and human expertise, the future might just see interim managers leading the waltz, ensuring businesses don't miss a beat in an ever-evolving landscape.