Phil Fersht’s Post

Great read for leaders in Analytics and GenAI capability roll-out, evaluation and benchmarking across industries #RussellReynolds #GenAI #Analytics #AnalyticMaturity https://lnkd.in/eKf6JvBi

Bradley Strock thank you for the sharing. An interesting survey made by BCG of 1400+ senior leaders on the impact of Generative AI on the business. Take a look at what Winners are doing and… follow their path! I love the recommendations... I hope that the C-Suite will read this report! 1-Deploy GenAI in everyday tasks to realize 10% to 20% productivity potential. Select and test GenAI tools, deliver massive upskilling, roll out solutions to support workers in day-to-day tasks, and carefully evaluate the costs of deployment. 2-Reshape critical functions for 30% to 50% enhancement in efficiency and effectiveness. Anticipate the impact of GenAI on your workforce and core functions, create new roles, reallocate budgets, and guide a series of pilots that can reliably scale up. 3-Invent new GenAI business models to build a long-term competitive advantage. Develop a strong customer-centric approach, and leverage first-party data and intellectual property to create interactions that customers can't find anywhere else. #generativeai #bcg #generativeaiforbusiness

Premiering Now: Esteemed "Industry Magnates" Interview with J R Vaidyanathan, COO - Data & AI Company, HQ - Bay Area, with FaceTime with Leaders - A WDC Initiative We are honored to premiere the "Industry Magnates" with J R Vaidyanathan, watch him share leadership philosophy, ideas and best practices that helped him grow in his professional and personal life. Link: https://lnkd.in/dGSAccUk Brief about J R Vaidyanathan: He has over two and a half decades of experience spanning diverse segments such as Information Technology, Automotive and Manufacturing, Financial Services, Supply Chain, Retail and Hi-Tech CNC Machine Tool Manufacturing. All through, he has consistently demonstrated qualities of visionary leadership and strategic acumen. Currently serving as the Chief Operations Officer and Executive Board Member at Decision Minds, a prominent cloud data and AI platforms and solutions company, he continues to excel as an analytics evangelist, change catalyst and organisation builder. Watch his Exclusive Interview where J R Vaidyanathan share his views on: *His career journey in brief *Core principles assisting his professional life *Reasons for his incessant upscaling due to technology *Beliefs on the conducive nature of the GoI’s current Corporate Governance framework *Values he brings to the table as Corporate Governance expert *Some of the most remarkable changes with technology he has seen and his thoughts *His thoughts on the initiative by World Development Corporation #industrymagnates #inspirationalleaders #leaders #boardleadership #independentdirectors #CorporateGovernance, #BoardOfDirectors,#SEBI,#IndependentDirectors, #IndependentDirectorsRoles,#GovernanceBestPractices, #IndependentDirectorsNomination, #BoardOversight, #IndependentDirectorsTraining, #IndependentDirectorsAppointment, #IndependentDirectorsGuidelines, #IndependentDirectorsQualifications, #ESG, ##ESGInvesting,#ESG, #SustainableInvesting, #Sustainability, #SustainableDevelopmentGoals,#SEBI, #NonExecutiveDirector, #BoardofDirectors,#IndependentDirectorResponsibility

📣 We've heard from countless organizations regretting they hadn't caught on earlier. They're all eager to pivot towards data-driven strategies to stay competitive in a market that's increasingly ruled by analytics and AI. After numerous conversations with leaders in mid-large companies from different sectors. It's clear: this shift is a necessity.   ❗ Some organizations are still on the sidelines, recognizing the need to act but not yet making serious moves. ❗ Meanwhile, others have made attempts but find themselves stuck in a loop of ineffective actions, costly revisions, and rebuilding after rebuilding efforts. Today’s post is to share some insights. To shed light on the significant costs and pitfalls of not taking any action or taking the wrong steps—a major concern for many. Unfortunately, too many organizations find themselves stuck in COSTLY, unproductive patterns. 💰💰💰 ____________ Hi. I'm Pendra. I talk about strategic leadership that deliver results, faster, how to accelerate new initiatives, innovation and leveraging data, analytics and AI for your applications and processes. ____________ 👍 Click Pendra Peh + Click 'Follow' 👍 To get more success-driven strategies and insights. ____________ #getresults #strategicinitiatives #transformation #growth #strategicleadership #innovation #dataanalytics #enterprisedata

🤝 HFS Research and Ascendion have teamed up to unveil groundbreaking insights in our report: "Your Generative Enterprise™ Playbook for the Future." According to the findings, the GenAI impact on the U.S. economy could exceed $2.25 trillion, reshaping how we conduct business in profound ways.   With lessons gleaned from early enterprise innovators and in-depth interviews with executive leaders, this playbook offers a strategic roadmap for leveraging Generative AI effectively. From overcoming talent gaps to unlocking value across business functions, this playbook equips leaders with the insights needed to thrive in the GenAI era.   📑 Read the playbook today and secure your organization's place in the future of business. https://lnkd.in/em75dfbu     #GenerativeAI #FutureofBusiness #AIInnovation #StrategicInsights Phil Fersht | Saurabh Gupta | Emma Melando | David Cushman | Paul Roehrig, PhD

I really enjoyed this recent impact project, where we interviewed 104 enterprise leaders in charge of #GenAI initiatives. (Hat-tip to Ascendion for their partnership) Five Big insights: 1) The GenAI impact on the US economy alone is likely to exceed $2.25 trillion; 2) GenAI is likely to replace a quarter of work tasks in the US and Europe but will also mean new jobs and a productivity boom. Smart businesses in growth mode need smart people to drive them forward; 3) The emerging skills we need to succeed are problem-solving and adaptability. We also need to be much better communicators and collaborators; 4) We need to focus on the AADA quadfecta of AI, Automation, Data Platforms and Analytics to build the enterprises of the future; 5) The value proposition of GenAI is about doing more with the same - "The 3 Ps of value creation" of Prodeciction, Personalization, and Productivity." #GenerativeAI #AI #Chatgpt Saurabh Gupta | David Cushman | Emma Melando | Paul Roehrig, PhD | Karthik Krishnamurthy

It's estimated the impact of GenAI on the U.S. economy could exceed $2.25 trillion. And there's no doubt GenAI is creating a cultural shift. Ever since ChatGPT democratized GenAI, it's been part of every organization's strategic planning. Or should be. Our client HFS Research teamed up with Ascendion to create a 12-part series that provides ways GenAI should be leveraged in the near future and what it means for productivity, economic gains, and careers. 📑 Read the playbook (link below) and discover how your organization can thrive in the GenAI era. https://lnkd.in/em75dfbu #GenAI #business #analyst #report #HFSresearch

On #2 in this report: Heads of Ops, Data, and IT championing a massive spend on GenAI face a dilemma: since their business counterparts don't yet see use cases for top-line growth, ROI via significant staff reductions will eventually have to come from those three functions.

Only 6.25% of the Data, AI & Analytics leaders make the cut to 3AI Thought Leaders Circle(TLC)   3AI has achieved a significant milestone of 1000 Data, AI & Analytics leaders in the coveted Thought Leaders Circle Forum. Over the previous years, our assessment council have screened and validated 16000+ nominations and only 1000 global Data, AI & Analytics leaders from 875+ organizations have been onboarded in the TLC forum. Entry to TLC forum is considered a badge of honor amongst AI & Analytics ecosystem and TLC forum is the largest global consortium of by-invite & assessed AI & Analytics leaders.   3AI TLC forum provides structured engagements for our leaders to build & amplify their differentiated thought leadership quotient, enhance branding, mindshare & visibility, engage in personalized speaking & publishing interventions, build immense connections through our intense networking sessions, mentor startups and engage within the widest AI & Analytics ecosystem and much more…   Here’s a sneak peek of our 1000 TLC forum spilt amongst industry segments:  398 – Global Capability Centers (GCCs ) 110 – Indian & Global enterprises 152 – Consulting , Tech & BPM providers  83 – Niche & Boutique Startups  95 – Digital Native & Platform players  80 – Pure play Analytics firms  82 – Other industry segments   3AI is on a relentless mission of building & democratizing thought leadership at scale in Data, AI & Analytics industry and expresses immense gratitude to our leaders, members, team, partners & ecosystem players for their unflinching support.   Express your interest to be in the coveted and largest global AI & Analytics forum: write to us: [email protected] #ai #analytics #data #forum #community #platform #thoughtleadership Sameer Dhanrajani Nandakumar Ramaiah Kapil Gandhi

The 11th edition of the Fortune/Deloitte CEO Survey explores what's top of mind for CEOs, including market outlook and predictions, Generative AI, and business priorities. 79% of surveyed #CEOs say accelerating innovation is one of the top use cases for implementing #GenAI #deloitte #CEO