How AI will transform strategic thinking in business

Combinations of executives and purpose-built AI systems will soon work together to enhance decision making, problem solving, and strategy formulation, writes Michael D Watkins

Strategic thinking has long been viewed as essential for leaders of organizations. The ability to anticipate and plan for the future, to think critically and creatively about complex problems, and make effective decisions in the face of uncertainty and change is more necessary than ever. These capabilities will be dramatically augmented and magnified by artificial intelligence systems such as ChatGPT. With the ability to process large amounts of data, identify patterns, and make predictions, AI will provide fresh insights and perspectives that were previously unavailable to company executives. This will enable them to make more informed and accurate decisions - and to anticipate and plan for the future more effectively. But it won't replace the human element in strategic thinking, which remains critical. In the near future, I expect to…

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I by IMD (Digital) - 1 Issue, 09. March 2023

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