Introduction
This book on Artificial Intelligence (AI) Implications for Business Strategy will provide a thorough exploration of the potential impact of AI on organizational performance and corporate goals. readers in this program will learn to consider how AI can be used to support and enhance various business strategies, including competitive market analysis, product development, pricing models, customer relations management and more. This book will also equip participants with the skills needed to identify, evaluate, and implement AI-based technologies that may enable companies to remain successful in an increasingly competitive digital landscape. Readers should come away from this program with increased confidence in their ability to make informed decisions about their company’s strategic use of AI.
Objectives
- Develop an understanding of the implications for businesses of using Artificial Intelligence technologies to create strategic opportunities.
- Analyze case studies exploring the impact of AI on strategy and operations in various industries.
- Examine the legal and ethical considerations related to using AI in a business setting.
- Evaluate how existing business strategies can be augmented or altered by the deployment of AI technology.
- Identify opportunities for leveraging AI solutions to gain competitive advantages in the marketplace.
- Create actionable plans outlining how businesses can use AI strategically to achieve operational excellence, innovation, and cost-effectiveness.
Table of Contents
Module 1: Overview of Artificial Intelligence
-History and development of artificial intelligence
-Introduction to Artificial Intelligence Implications for Business Strategy
-Defining AI and the scope of its implications for business strategy
-Understanding how AI can be utilized to help businesses make better strategic decisions
-Common types of AI technologies
-Identify general uses and applications of AI.
– Applications of AI in business strategy.
-Identifying potential ethical considerations in implementing AI technology
Module 2: Strategic Benefits of AI
– Different ways that AI can help businesses create a competitive advantage in their industry
-Examining current trends and strategies being used to leverage AI effectively
-Gaining understanding of the potential applications of AI in developing creative solutions to complex problems
-Implementing a successful strategy using artificial intelligence
– AI on strategy and operations in various industries.
– How existing business strategies can be augmented or altered by the deployment of AI technology
– Actionable plans outlining how businesses can use AI strategically to achieve operational excellence, innovation, and cost-effectiveness.
Module 3: AI used to support and enhance various business strategies
-AI and Competitive market analysis
-AI and product development
-AI and pricing models
AI and customer relations management
Module 4: Mastering the Building Blocks of Artificial Intelligence (AI)
-Basic terminology associated with AI
-Machine Learning (ML)
-Natural Language Processing(NLP)
-Deep Learning (DL)
-Ethical implications related to data.
– The legal and ethical considerations related to using AI in a business setting
Module 5: Applying Artificial Intelligence in Business Strategy
– How AI can be used to develop a business strategy
-Implementing an effective business strategy using AI
-Benefits associated with decision making using AI technology
-Identify advantages when using AI in business decisions
-Identify disadvantages when using AI in business decisions
– Risks associated with decision making using AI technology
-Best practices for leveraging artificial intelligence technology.
Module 6: Strategic Challenges for Implementation Of Artificial Intelligence
– The challenges associated with integrating AI into existing business models
-The legal, financial, cultural, and technological considerations when implementing an AI initiative
-Analyzing case studies to better understand successful and unsuccessful implementations of AI technology
-Assessment on what constitutes success when utilizing artificial intelligence
-Advantages associated with implementation of Artificial Intelligence initiatives
-Disadvantages associated with implementation of Artificial Intelligence initiatives
-Navigating compliance issues when deploying an artificial intelligence system
-Case Study : Keys for successful implementation of AI at one organization
-Addressing cultural/ organizational considerations while introducing recent technologies
–Risk management issues facing organizations implementing artificial intelligence systems –Practical issues faced during AI deployment at one organization and proposed solutions.
Module 7: Questions and answers
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