Financial Services , Marketing , Retail
Have you heard? Artificial intelligence is significantly changing organizations. This has been repeated many times before, as you may be aware. However, IT leaders must act now to ensure their teams can handle this digital transformation since AI can be an intimidating shake-up.
There is no denying the disruption that technologies like cloud and mobile have made in the recent past. But, AI is a completely different ball game. AI is bringing changes to organizations and society that are on a whole new level since it has the ability to free up your time and provide accurate completion of routine skills, to name a few. Reimagining your tech workforce with AI may seem like a daunting task, but it is the one technology that is expected to heat up and hit desks faster.
Human + Machine = Teamwork
One of the biggest challenges facing IT executives in the AI transformation is the need to recognize and fill skills gaps quickly and effectively to keep pace with the scale, speed, and scope of technology change. The first step in filling skills gaps is identifying them. However, in the era of human and machine collaboration, pinpointing skills gaps is becoming increasingly complex as we move forward. But, there is much to be learned in this new form of collaboration.
“We have really seen that there is this early-stage shift from a automation focused with artificial intelligence to an imagination and re-imagination focus. And we’re seeing that companies that focus on imagination and re-imagination are able to do a lot more and to do things differently than the companies that are just focusing on automating the old ways of doing things.” James Wilson, Senior Technology Leader at Accenture writes.
Human-centered skills such as problem-solving, judgment, and communication will be critical for businesses to succeed at the human-machine collaboration.
Lowering The Barrier To Use AI
The most major step in reimaging the tech workforce is that executives need to start to think about really lowering the barrier to using AI. IT leaders should develop relationships that help broaden their network so that they have a bigger talent pool from which to source scarce talent. Academic partnerships, apprenticeship programs — and even gaming conventions, which draw individuals with unique technology skills — can be rich sources for lowering the barrier.
AI has set a new standard for technology change that will only accelerate as the year’s progress. The key for IT leaders is to have a strategy that optimizes the right kind of work to the right kind of talent sources at the right scale in order to tackle transformation. This will not only maximize the business value that companies receive from AI and other technologies, but it will empower IT functions to continue to lead the charge on disruption.
ABOUT DIGITAL ENTERPRISE TRANSFORMATION ASSEMBLY
The Millennium Alliance is thrilled to present the 8th edition of Digital Enterprise Transformation Assembly that is put together by the industry, for the industry. Join us for a series of executive education roundtables, keynote presentations, collaborative think tanks, educational workshops, and networking sessions offering industry-specific topics and trends to ensure your company sustains its competitive advantage.
Jenny Schecher is a Client Services Director & Social Media Manager at The Millennium Alliance. Jenny is an avid contributor to our blog, Digital Diary, as well as all social media platforms. When she is not writing about digital transformation and technology, she is working with her team to make visions come to life at our events. (and eating all of NYC's best food.) Follow her on Instagram: @jennyschecs or find her on LinkedIn!
Reach thousands of C-Level
Executives every month.
Do you have content that you feel will
resonate with our audience? We'd love to
welcome you as a guest contributor!
Premium content to our readers
interested in all things business.
Millennium Membership offers Fortune 1000 C-Level executives, leading public sector/government officials, and thought leaders across a variety of disciplines unique and exclusive opportunities to meet their peers, understand industry developments, and receive introductions to new technology and service advancements to help grow their career and overall company value.About Millenium Alliance
Launched in 2017, Digital Diary was created to provide premium content to our members interested in executive education and business transformation. With C-Suite executive and top academic contributors, interviews with industry leaders, and digital transformation insights from technology experts, Digital Diary has all of the professional development tools you need to stay ahead of the curve.
We are dedicated to distributing meaningful opportunities for our reader to increase their personal knowledge, simplify business initiatives, and to have the right information to build their capabilities and leadership skills at every level.
In the midst of disruption across all industries, our members are given the tools they need to digitally transform their organizations.
Joining Mill All is an opportunity unlike any other to connect with the best professionals in your industry and be a part of a community to become the best leader you can be.
500 Companies Attend Each Year