In almost every industry and sector, AI is opening up new possibilities and forcing us to think outside of long-held paradigms. As these burgeoning resources reshape how we approach business, two related points emerge as vital. First, while the ‘wow’ factor of AI and machine learning is high, it would be dangerous to overestimate the value of cognitive technologies. Second, organizational leaders must be involved in the decisions to invest in and adopt technologies based on how the resources will enhance workforce performance.
The biosphere is the sum of all the ecosystems. It is alternatively fragile and incredibly resilient, based on the extent to which its components work in harmony. An innovation ecosystem is the sum of internal and external opportunities and challenges. It is alternatively fragile or incredibly resilient based on the extent to which its components work in harmony.
For centuries, military leaders have used wargaming as a way to anticipate adversary actions and generate creative battlefield advantages. As the volume of data available to today’s leaders grows exponentially greater, the ability to act and make decisions in uncertain and complex environments is increasingly valuable – not just on the battlefield, but in the boardroom as well. Military wargames of years past considered aircraft carrier positioning and aerial refueling logistics, but more and more, the wargames seek to tackle issues like cybersecurity and personnel management – challenges equally relevant to the Department of Defense and the private sector.
Innovation as a Path to Disruption
Proverb, five centuries old: “Necessity is the mother of invention.” And, for nearly two of those centuries, Industrial Era necessities sparked inventions that continue to shape the world around us. Henry Ford delivered the Model-T and factory assembly lines. Toyota perfected lean manufacturing. Two world wars spawned incredibly efficient transportation and production models – and, eventually, the peaceful application of nuclear energy (as well as a more dangerous world).