“We’ll experience more technological progress in the coming decade than we did in the preceding 100 years put together, says McKinsey. Applied Artificial Intelligence (AI) We are still only in the early days of the development of AI. As the technology becomes more sophisticated, it will be applied to further develop tech-based tools, such as…
Tag: McKinsey
The growth triple play: Creativity, analytics, and purpose
– “Only 7 percent of companies are delivering on the growth triple play by unifying creativity, analytics, and purpose. They are driving average revenue growth of 2.3 times versus peers from 2018–2019 (which increased to 2.7 times versus peers from 2019–2020). – In the period 2018–2019, companies using just one of the capabilities—either creativity, analytics,…
Building the AI bank of the future
New report from McKinsey. Building the AI bank of the future. Summary of the contents: “AI bank of the future: Can banks meet the AI challenge? Artificial intelligence technologies are increasingly integral to the world we live in, and banks need to deploy these technologies at scale to remain relevant. Success requires a holistic transformation…
McKinsey Classics: How artificial intelligence changes the executive’s role
“As AI grows in power, the likelihood of sinking under the weight of even quite valuable insights grows as well. The solution would be to democratize information by encouraging business units and functions to make more and better decisions themselves. To learn how the mounting importance of both soft management skills and high technology makes…
Top 6 AI Posts of 2019
Here’s a quick summary of our top 6 most impactful posts in 2019. Udacity launches nontechnical AI product manager nanodegree Udacity launches nontechnical AI product manager nanodegree An executive’s guide to AI – McKinsey An executive’s guide to AI – McKinsey Become an AI Company in 90 Days Become an AI Company in 90 Days…