After all, companies that successfully embrace AI need to openly share data across departments and business functions, explained Azizirad, and make sure all employees can participate in the development and implementation of data-driven AI applications. Among high-growth companies, the research found, the more leaders know about AI, the more they recognize that they need to make sure the AI is deployed responsibly.“Over time, as companies become operationally dependent on these machine learning algorithms and models that they built, there’s going to be much more focus on governance,” said McQuire, the CCS Insight analyst.
“There is still a lot of work that has got to have the human capital piece in it, especially if it is not something that lends itself to China bottling machine Suppliers standardized processes,” explained Gary Cantrell, senior vice president and chief information officer for Jabil..AI Business School course materials include brief written case studies and guides, plus videos of lectures, perspectives and talks that busy executives can access in small doses when they have time. To build the solution, marketing employees partnered with data scientists to create machine learning models that weigh thousands of variables to score leads.“In the case of AI and in the case of culture, the people closest to the business problem you are trying to solve really need to be involved,” said Azizirad, adding that the sales team is embracing the lead-scoring model because they trust it will produce high-quality leads.
For example, a case study on Jabil describes how one of the world’s largest manufacturing solutions providers was able to reduce overhead costs and increase production line quality by using AI to check electronic parts as they are manufactured, freeing up employees to focus on value added activities that machines are unable to do. The free, online course is a master class series that aims to empower business leaders to lead with confidence in the age of AI.Nick McQuire, an analyst who covers artificial intelligence for CCS Insight, said more than 50 percent of the companies his firm has surveyed are already either researching, trialing or implementing specific projects with AI and machine learning, but very few are using AI across their organization and identifying business opportunities and problems that AI can address.
INSEAD, a graduate business school with campuses in Europe, Asia and the Middle East, partnered with Microsoft to build the AI Business School’s strategy module, which includes case studies about companies across many industries that have successfully transformed their businesses with AI. Course materials include real-world examples in which leaders at Microsoft learned lessons such as the need to safeguard AI systems against malicious attacks and the need for systems to detect bias in datasets used to train models.Unlike these other initiatives, AI Business School is non-technical and designed to get executives ready to lead their organizations on a journey of AI transformation.