Describe how best a new entrant could leverage the elements

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Question 1: AI can take on different roles within an organization. Create for me a mini playbook for how your organization should both investigate and evaluate a proposed AI project. This playbook can include guidelines for investigation and evaluation in general (regardless of role), but must also include additional meaningful considerations for each role specifically.

Question 2: Consider a customer-facing product or service within your industry (or the industry you would like to/intend to work in once you graduate) that could be enhanced for increased customer value by better prediction somehow. This enhancement should NOT already exist in the current marketplace. Apply your playbook from question 1 - is this an opportunity worth pursuing? If you believe there are additional important considerations beyond your playbook, then include them here as well.

Question 3: Consider an internal organizational workflow you have experience with that could be enhanced by better prediction somehow. This could be from any role in any organization you have held, or in general (if necessary) from your prior studies, by using any example outside of those presented in our book/lectures for this class. Apply your playbook from question 1 - is this an opportunity worth pursuing? If you believe there are additional important considerations beyond your playbook, then include them here as well.

Question 4: Again consider your industry or the industry you plan on joining once you graduate. Compare and contrast what an AI-first organization would (or does) look like in your industry versus a traditional organization. How would they behave differently both externally (to customers and partners etc) and internally (through their own objectives, workflows, boundaries, etc)? Discuss industry-specific benefits and drawbacks to either organizational approach.

If yours is currently a more traditional industry, discuss a possible future event that may create an inflection point favoring AI-first organizations. How do you see this shift playing out for existing firms in your industry? How does this impact the balance of power between incumbents and new entrants?

If AI-first organizations are already favored in your industry, describe how best a new entrant could leverage the elements and priorities of an AI-first strategy to compete with established industry competitors.

Reference no: EM133170144

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