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

Harvard Business Review

While it’s clear that CEOs need to consider AI’s business implications, the technology’s nascence in business settings makes it less clear how to profitably employ it. While investment in AI is heating up, corporate adoption of AI technologies is still lagging.

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Rethinking the Bank Branch in a Digital World

Harvard Business Review

More US bank branches closed in 2013 than ever before. Rather than going the way of Tower Records, leading banks are reinventing themselves with innovative mashups of digital technologies and physical facilities, a combination we call “digical.”. More than 85% of retail banking transactions are now digital. In our view, no.

Banking 10
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How Companies Are Benefiting from “Lite” Artificial Intelligence

Harvard Business Review

.” When the company upgraded its commercial insurance line for small businesses a few years ago, the agents jammed internal call centers with questions about how the policies worked and how to set sales quotes. The cost of simply expanding the call centers was prohibitive. Don’t make your AI too lite.

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The Rebirth of the CMO

Harvard Business Review

McKinsey’s DataMatics 2013 survey shows that companies that use customer analytics extensively are more than twice as likely to generate above-average profits as those that don’t. To hit P&L targets, for instance, the CMO at one technology company focused on shortening the sales cycle. And that really is on the backs of marketing.”

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Recruiting Strategies for a Tight Talent Market

Harvard Business Review

According to the Society for Human Resource Management (SHRM), late 2015 was the most difficult hiring period in four years. ” Such innovative solutions have paid off: Fortune magazine recently named Highfive to its list of the 10 Best Small Workplaces in Technology. Generate and nurture your own talent channels.

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Ad Blockers and the Next Chapter of the Internet

Harvard Business Review

See PageFair’s 2013 and 2014 reports). Not coincidentally, in this time frame we also saw the explosion of what the trade calls adtech — a catch-all term for the collection of tools and practices behind behavioral advertising: behavioral targeting, deal ID, real-time messaging, clickstream data, retargeting, etc.

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50 Companies That Get Twitter – and 50 That Don’t

Harvard Business Review

They have given their social media staff a clear mission and a great deal of autonomy; the account’s managers chat with customers, offer up front to solve problems, and empathize with frustrated travelers. After all, management exists to transform corporations into more efficient machines. call centers).