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CMI Highlights

Chartered Management Institute

As the importance of open and honest leadership continues to dominate the media spotlight, I find myself reflecting on how vital relationships are to building a positive working environment, and how important it is for all managers and leaders to develop this skill. You can learn more in FE News. Enjoy the rest of your week.

Policies 121
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A Survey of 3,000 Executives Reveals How Businesses Succeed with AI

Harvard Business Review

And AI success stories are becoming more numerous and diverse, from Amazon reaping operational efficiencies using its AI-powered Kiva warehouse robots, to GE keeping its industrial equipment running by leveraging AI for predictive maintenance. Furthermore, early AI adopters are 3.5 Digital capabilities come before AI.

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Embracing the Power of Large Language Models: Transforming Finance and Empowering Professionals

The Horizons Tracker

Large Language Models (LLMs) such as ChatGPT are disrupting the finance world, as exemplified by Morgan Stanley’s experimentation with an OpenAI-powered chatbot to assist their financial advisors. As LLMs progressively permeate the finance industry, it is crucial to thoughtfully embrace and adapt to this transformative shift.

Finance 112
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How Companies Are Using Machine Learning to Get Faster and More Efficient

Harvard Business Review

Studying 168 early adopters, we’ve seen speed improvements of two times or more for most business processes — and some organizations are reporting speed improvements of 10 times or more. It’s still early days for machine-reengineering, so we expect our research to uncover many more new types of machine sidekicks.

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25 Years Ago I Coined the Phrase ?Triple Bottom Line.? Here?s Why It?s Time to Rethink It.

Harvard Business Review

How often are management concepts subjected to recalls by the people who invented them? If an industrial product like a car fails the manufacturer pulls it back, tests it and, if necessary, re-equips it. Yet poor management systems can jeopardize lives in the air, at sea, on roads or in hospitals. David Aubrey/Getty Images.

TBL 9
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Interview with Sramana Mitra on 1M/1M Program

Rajesh Setty

Once the $1 million revenue milestone is crossed, entrepreneurs find it easier to find additional customers, manage working capital, and access funding, whether it is credit or equity. By November 2010, we launched the 1M/1M website, including an early version of the premium program. This is where numerous ventures fail.