The future of management: harnessing artificial intelligence for strategic leadership and business transformation
This paper explores the transformative role of artificial intelligence (AI) in reshaping management practices and enhancing strategic leadership. With the rapid advancement of AI technologies, organizations are presented with unprecedented opportunities to optimize decision-making processes, streamline operations, and improve overall performance. The paper begins by providing an overview of AI’s historical context in management and its significance in achieving a competitive advantage. It delves into the various AI technologies employed in decision-making, highlighting their impact on management processes through case studies. Furthermore, the paper examines the implications of AI in human resource management, addressing challenges and ethical considerations related to data privacy, bias, and fairness in AI systems. A framework for implementing AI within organizations is proposed, emphasizing the importance of strategic integration and organizational readiness. The paper also features successful case studies showcasing effective AI adoption and provides insights into emerging trends and future directions in AI and management. The findings underscore the need for managers to adapt to the evolving landscape shaped by AI, fostering new skills and competencies.
Paper
The full text of this publication is not hosted on 44B due to licensing.
Read it at OpenAlex