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How to Ensure Your Organization’s Digital Transformation Succeeds

Leading Blog

This force is called creative destruction, which is the process where innovation and technology advancements are reshaping industries and business models. These transformations typically involve a profound change in how a business operates, encompassing people, process, and technology. This raises some pertinent questions.

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Why Diversity Hiring Is Important

ExactHire - Leadership

Most business owners think of diversity in the workplace in terms of the compliance regulations imposed by the federal government. In 2015, McKinsey and Company found that companies with a diverse workforce performed 15 to 35 percent better than the national industry median. Defining Diversity and Its Importance in the Workplace.

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Learning & Development’s Role in Operational Efficiencies in 2022

HR Digest

Training Remote Managers. According to Mckinsey & Company , “Leaders have an essential role to play in developing solutions to tackle these challenges.” Managers will increasingly need to take up more innovative roles to manage disparate and dispersed teams. Training modules will be hybrid.

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The First Wave of Corporate AI Is Doomed to Fail

Harvard Business Review

There were several early issues, ranging from regulatory compliance to security. Already, evidence suggests that early AI pilots are unlikely to produce the dramatic results that technology enthusiasts predict. But how does a manager justify continuing to invest in AI if the first few initiatives don’t produce results?

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It’s Not HR’s Job to Be Strategic

Harvard Business Review

In its “State of Human Capital” report , McKinsey found that people in HR still largely have “a support-function mindset, a low tolerance for risk, and a limited sense of strategic ‘authorship’” — all of which has led to “low status among executive peers, no budget for innovation, and a ‘zero-defects’ mentality.”.

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4 Models for Using AI to Make Decisions

Harvard Business Review

At some of the world’s most successful enterprises — Google, Netflix, Amazon, Alibaba, Facebook — autonomous algorithms, not talented managers, increasingly get the last word. Elite MBAs (Management by Algorithm) are the new normal. Top management would have to trust its computationally brilliant bidding software.

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How Companies Are Already Using AI

Harvard Business Review

And in January 2017, McKinsey’s research arm estimated AI-driven job losses at 5%. IT was using AI to resolve employees’ tech support problems, automate the work of putting new systems or enhancements into production, and make sure employees used technology from approved vendors. Could Liberate 50% of Managers' Time.

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