Will Artificial Intelligence shake up the C-Suite?

AI’s move up the corporate value chain has not gone unnoticed. AI is increasingly becoming more than a support technology. It has gone far beyond its initial calling, and has evidently earned a seat at the table.

In the near future, AI may not explicitly replace the top leadership of companies, but it will radicalize the way they work. C-level leaders who don’t embrace the powers of AI are bound to find themselves in a losing match.

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I came across this interesting article on SAP Insights on how the C-suite today is getting an “AI upgrade”. Just to skip to the ending – No, AI is not taking over CXO jobs, but, they will profoundly alter how companies are led.

Here are my four top picks how:

• CEOs will now need to learn to leverage AI to expressly arrive at answers to complex strategic questions.
• We will see a “cult of competency” taking over the C-suite from the cult of personality.
• CXOs will need to become evidence enthusiasts in decision-making, rather than follow hunches or past successes.
• C-suite leaders will need to master the art of “asking the right questions” to get the right answers.

In this context, the ability to extract and process the kind of data AI needs to arrive at the right outcome becomes critical. Cloud-based ERP systems are a step in the right direction in building Intelligent Enterprises that excel at integrating AI/ML into their core operations and decision-making.

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If you’re interested to know how you can use AI to advance or transform your organization’s top leadership, write to me.

By: Venkat Nanduri