Tagged with: #transformation

In 1998, I walked into the headquarters of our newly acquired newspaper group in Leeds, a result of a private equity-backed management buyout of United News & Media’s regional newspaper and magazine titles. Tasked with ‘doing the internet’, I found a small semblance of online activity in the form of a basic advertising website for the Yorkshire Post. A couple of weeks of getting my feet under my desk yielded a digital goldmine - 271 years of content waiting to be transformed into digital assets.

As organisations adopt artificial intelligence (AI) more widely, a critical challenge emerges: how do you build and manage teams capable of delivering on AI’s promise of increased productivity, enhanced customer experiences, accelerated innovation, and sustainable competitive advantage?

Last week, I had the privilege of delivering a keynote presentation at Monday.com’s Elevate conference in London. The topic, “Leveraging data and artificial intelligence (AI) for organisational transformation,” allowed me to challenge some common misconceptions about AI adoption and share practical insights on harnessing the power of existing data. In this post, I outline the key themes discussed and provide some additional context.

Earlier this week, I got the opportunity to speak at our Amazon Web Services (AWS) office in London, to an audience of Private Equity firms and their portfolio company executives about driving value creation through AI and data. The presentation focused on how Private Equity firms and their portfolio companies can drive value creation through AI and data. I also took the opportunity to introduce a new concept called the AI Stages of Adoption (AISA), which is designed to help organisations assess their maturity and readiness for AI adoption.

As artificial intelligence (AI) advances into the workplace rapidly, one of the most pressing questions on everyone’s mind is, “If machines can do our jobs faster, more accurately, and at a lower cost, what happens to us?” It’s true that AI is beginning to redefine the very essence of work, raising concerns about the potential displacement of knowledge workers. However, I’d like to propose an alternative perspective—one where those same workers earn the same or more whilst working far fewer hours.

I had an incredible afternoon as a guest lecturer at the The London School of Economics and Political Science (LSE) where I got to discuss harnessing AI for organisational transformation led from the Board, at this summer’s Data Science for Executives class.

I recently spoke with Duncan Jefferies about how businesses can effectively harness generative AI to drive organisational transformation. The resulting AWS executive’s guide to generative AI offers a comprehensive roadmap for business leaders navigating this transformative technology. Here are the key insights and practical steps for organisations looking to unlock the potential of generative AI.

For many Boards, the pandemic has catalysed broad business change by accelerating digital transformation initiatives. The availability of cloud computing has democratised access to technology, and businesses of all shapes and sizes have seized on this opportunity to: increase revenue, margin, and profit; enter new markets and launch new products and services; delight, excite and get closer to their customers; and become more operationally efficient, increasing productivity, cutting waste, and reducing costs.