AI Powered Organization

1. Building the AI-Powered
Organization
By: Tim Fountaine, Brian McCarthy, and Tamim Saleh

2. Building the AI Powered Organization
The detailed article published in Harvard Business Review
magazine encompasses following components:
Significance of Artificial Intelligence (AI)
Challenges in AI Adoption
How to Capitalize on AI Opportunities

3. Significance/ Future of AI
• Artificial Intelligence is reshaping businesses
• The technologies that enable AI, like vast processing power and
data storage, are advancing rapidly
• AI will add $13 trillion to the global economy over the next decade
• Still there are many challenges to overcome

4. Challenges of AI
• Only 8% of firms engage in core practices that support widespread
adoption
• Most firms have run only ad hoc pilots or are applying AI in just a
single business process
• Organizations struggle in rolling out Pilot Projects
• Organizational Culture is the biggest hurdle

5. How to Capitalize on AI Opportunities
Reshaping the Organizational Culture
• From siloed work to interdisciplinary collaboration
• From experience-based, leader-driven decision making to
data-driven decision making at the front line
• From rigid and risk-averse approach to agile, experimental,
and adaptable

6. How to Capitalize on AI Opportunities
To get employees on board
• Explaining why
• Anticipating unique barriers to change
• Budgeting as much for integration and adoption as for
technology
Balancing feasibility, time investment and value
Re-organizing the organizational structure for change

7. How to Capitalize on AI Opportunities
Organizing the organizational Structure for
Change
• Consolidate the majority of AI and analytics
capabilities within a central “hub”;
• Decentralize them and embed them mostly in
the business units (“the spokes”); or
• Distribute them across both, using a hybrid
(“hub-and-spoke”) model

8. How to Capitalize on AI Opportunities
Factors Influencing the Organizational Structure for AI
• The maturity of AI capabilities
• Business model complexity
• The pace and level of technical innovation required

9. How to Capitalize on AI Opportunities
Whatever the Organizational Structure for AI is, following is a
must:
• Oversight and Execution
• A governing coalition of business, IT, and analytics leaders
• Assignment-based execution teams

10. How to Capitalize on AI Opportunities
Educating Everyone
• Leadership
• Data Analyzers
• Translator
• End User

11. How to Capitalize on AI Opportunities
Reinforcing the Change
• Walk the talk
• Make businesses accountable
• Track and facilitate adoption
• Provide incentives for change

12. Building the AI-Powered Organization
Conclusion
• Technology isn’t the biggest challenge. Culture is.
• Coordinated Efforts
• Continuous Evolution
For detailed articles please refer the following link
https://hbr.org/2019/07/building-the-ai-powered-organization

13. Thank You