Artificial Intelligence and Its Impact on Organizational Transformation

AI has a significant impact on organizational transformation, including automation, data management, and strategic management. This book covers the areas of AI in business process innovation, machine learning algorithms, and applications, such as robotics, blockchain, and the Internet of Things. It is aimed at readers working in AI, business management, technology, and human resource management.

Format: Hardback
Length: 448 pages
Publication date: 04 February 2022
Publisher: John Wiley & Sons Inc

The impact of artificial intelligence (AI) on organizational transformation is a multifaceted phenomenon that encompasses a blend of computational techniques and management practices. This transformative process involves the integration of automation and data management strategies, as well as the strategic management of human capital, procurement, production, finance, and marketing. In this comprehensive book, we delve into the profound implications of AI on restructuring organizational processes.

Artificial intelligence (AI) has the potential to revolutionize various professions and industries by leveraging its advanced capabilities. This book explores the impact of AI on various sectors, including healthcare, finance, education, and manufacturing. It examines how AI algorithms and technologies are being used to automate tasks, improve efficiency, and enhance decision-making processes. The book also discusses the ethical considerations and challenges associated with AI, such as privacy, bias, and job displacement.

Machine learning algorithms and technologies play a crucial role in the applications of AI in business process innovation. This book provides an in-depth analysis of these algorithms and technologies, including supervised learning, unsupervised learning, and reinforcement learning. It discusses the techniques used to train machine learning models, the types of data used for training, and the applications of machine learning in areas such as image recognition, natural language processing, and fraud detection.

The context of applications of AI in business process innovation primarily includes new business models, AI readiness and maturity at the organizational, technological, financial, and cultural levels. This book provides extensive details on machine learning and its applications, such as robotics, blockchain, Internet of Things (IoT), and artificial intelligence-powered marketing and sales platforms. It explores how AI is transforming the way businesses operate, interact with customers, and compete in the global marketplace.

The influence of AI on financial strategies and policies is another significant area of discussion in this book. It examines how AI is being used to improve financial analysis, risk management, and investment decision-making processes. It also discusses the potential risks and challenges associated with AI, such as data privacy, cybersecurity, and algorithmic bias.

Human skills and values are also profoundly impacted by the advent of AI. This book explores how AI is changing the nature of work and the skills required for success in the workplace. It examines the importance of upskilling and reskilling employees to adapt to the changing landscape and the role of human-machine collaboration in achieving organizational goals.

Procurement innovation is another area where AI is making a significant impact. This book discusses how AI is being used to streamline procurement processes, reduce costs, and improve supplier relationships. It explores the techniques used to identify potential suppliers, evaluate their performance, and negotiate contracts.

Production innovation is another area where AI is transforming the manufacturing industry. This book discusses how AI is being used to improve production efficiency, reduce waste, and enhance product quality. It explores the techniques used to automate production processes, such as robotics and machine learning, and the benefits of these technologies in terms of cost savings, increased productivity, and improved product quality.

AI in marketing and sales platforms is another area of significant growth. This book discusses how AI is being used to personalize marketing campaigns, analyze customer data, and improve sales performance. It explores the techniques used to create targeted advertising, optimize sales funnels, and enhance customer engagement.

The audience for this book includes professionals working in artificial intelligence, business management studies, technology engineering, senior executives, and human resource managers in all types of business. This book provides valuable insights and practical strategies for those seeking to leverage the power of AI to drive organizational transformation and achieve competitive advantage in the digital age.

Weight: 734g
Dimension: 239 x 153 x 28 (mm)
ISBN-13: 9781119710172