AI And The Death Of The Large Dinosaurs Morning. In my Phd in 2001, 'Transformation of Financial Services Companies. How To Map and Measure Customer Value Created With Relationship Capital", I cited two professors from the Stern School of Business, Smith and Walter, in an article in the Financial Times regarding the fact that Internet technology made the arrival of new 'species' possible: high-tech startups. And also the opportunity for people...
AI And The Death Of The Dinosaurs Morning. In my Phd in 2001, 'Transformation of Financial Services Companies. How To Map and Measure Customer Value Created With Relationship Capital", I cited two professors from the Stern School of Business, Smith and Walter, in an article in the Financial Times regarding the fact that Internet technology made the arrival of new 'species' possible: high-tech startups. And also the opportunity for people...
The article "Building the AI-Powered Organization" by HBR highlights that there are several bottlenecks hindering an organizations ability to become fully reliant on artificial intelligence. These include: The implementation of AI requires clarity and purposefulness from organizations and thus their leadership. To achieve success with this technology they must establish specific goals for their use case while selecting appropriate technologies...
Why Should AI Be On Top Of The Agenda In The Boardroom? Artificial Intelligence (AI) is rapidly transforming the business landscape offline and online, and it is essential for boards of directors to have a deep understanding of this technology and its implications for their companies. Here are some of the key reasons why AI should be on top of the agenda in boardrooms: ✔️ AI can drive innovation and growth. AI can be used to...
What Is An AI-Powered Virtual Organisation? One of the great myths from the Industrial Revolution and in the old wrld of dinosaur model and methods is that your organisation has to grow into a bulky large organisation, a 'Fat Firm', with many management layers if you attract and have to serve more customers. In our current time of the Internet, fast bandwidth and smartphones and especially with easy to use and inexpensive AI, that is actually...
Building the AI-Powered Bank with the AI-Model Canvas©. Hi, if you want to design and implement the AI-Powered Bank, or any AI-Powered Organisation, including the right culture, you can do that by desiging and implementing a new AI-powered business model in your company: What is an AI-powered businessmodel in banking including in FinTech & RegTech? "An AI-powered business model in banking describes how a bank, a FinTech or RegTech startup...
What Is An AI-Powered Business Model? Hi, if you want to become an AI-leader and survive and thrive in the AI-powered economy by turning your company into an AI-Powered Company© including the right culture, you need to design and implement new AI-powered business model in an aligned and integrated way. What is an AI-powered businessmodel? "An AI-powered business model describes how an organisation creates, delivers, and captures value with the...
What Is The Law of Diminishing Firms? According to the so-called 'Law of Diminishing Firms', introduced by Downes and Mui in , the well-known ICT-related laws of Moore and Metcalfe have reinforced each other. The Law Of Diminishing Firms states that companies can become smaller and smaller by using ICT and digitally transform themselves in an integrated way from a traditional hierarchical business organization to a virtual organization. As most...