The Rise of AI-Powered Companies

Published by De Gruyter 2022

The Rise of AI-Powered Companies

Edited by: François Candelon and Martin Reeves

In the series Inspiring the Next Game

https://doi.org/10.1515/9783110775112

Overview
Contents

About this book

Artificial intelligence is emerging as a game-changer in the business world, with impacts across all sectors. AI allows business to process massive amounts of data instantaneously, and to scale solutions at almost zero marginal cost, forcing companies to adapt and reimagine their business and operations.

The Rise of AI-Powered Companies examines some of the most successful examples of companies using artificial intelligence to their advantage. From AI-enabled countries across the globe that stayed resilient and strong in the face of COVID-19, to Business-to-Consumer businesses that transformed their product development processes thanks to unprecedented amounts of consumer data, increasing their revenues manifold along the way.

The book then delves into the critical enablers to becoming AI-powered and the critical steps to activate and integrate them within business organizations. Starting with data strategy, it examines new forms of data sharing and how companies should think about governance and privacy risks. It then focuses on human–AI collaboration and its role in building a stronger team culture. Finally, "Responsible AI" is discussed as well as the impact of AI-powered businesses on society at large.

AI-powered companies will become the norm in the years to come. By unpacking and showcasing the major steps of a successful AI transformation, this book will help guide organizations in making the critical leap to become AI-powered—essential to survive and remain competitive in the near future.

Author information

François Candelon is the Managing Director & Senior Partner at The Boston Consulting Group and Global Director of the BCG Henderson Institute.

Martin Reeves is chairman of the BCG Henderson Institute, BCG’s think tank dedicated to exploring and developing valuable new insights from business, technology, economics, and science by embracing the powerful technology of ideas. Martin is also a member of the BCG Henderson Institute's Innovation Sounding Board, which is dedicated to supporting, inspiring, and guiding upstream innovation at BCG. Martin is a regular contributor to HBR, MIT SMR, Fortune and other management journals on business strategy and management.

Topics

Frontmatter Publicly Available Download PDF	I
Acknowledgments Publicly Available Download PDF	V
About the BCG Henderson Institute Publicly Available Download PDF	VII
Contents Publicly Available Download PDF	IX
Introduction Publicly Available Download PDF	XIII
Part I: The AI-Powered Company
Chapter 1 The Rise of the AI-Powered Company in the Post-Crisis World François Candelon, Tom Reichert, Sylvain Duranton, Rodolphe Charme di Carlo and Midas De Bondt Requires Authentication Unlicensed Licensed Download PDF	3
Chapter 2 How AI-Powered Companies Dodged the Worst Damage from COVID François Candelon Requires Authentication Unlicensed Licensed Download PDF	13
Chapter 3 China’s Response to COVID-19 Showed the World How to Make the Most of AI François Candelon, Matthieu Gombeaud and Shervin Khodabandeh Requires Authentication Unlicensed Licensed Download PDF	17
Chapter 4 At These Companies, AI Is Already Driving Revenue Growth François Candelon and Georgie Stokol Requires Authentication Unlicensed Licensed Download PDF	21
Chapter 5 The New Consumer Conversation in an Era of Uncertainty Karen Lellouche Tordjman, François Candelon, Tom Reichert, Sylvain Duranton, Rodolphe Charme di Carlo and Hind El Bedraoui Requires Authentication Unlicensed Licensed Download PDF	25
Chapter 6 Getting the Balance Right: Three Keys to Perfecting the Human-AI Combination for Your Business François Candelon, Matthieu Gombeaud and Bowen Ding Requires Authentication Unlicensed Licensed Download PDF	35
Part II: The Path to Becoming AI-Powered
Section A: Data Strategy
Chapter 7 Data Alchemy Can Give Decision Making the Golden Touch François Candelon, Tom Reichert, Sylvain Duranton and Rodolphe Charme di Carlo Requires Authentication Unlicensed Licensed Download PDF	43
Chapter 8 How Far Can Your Data Go? Massimo Russo and Tian Feng Requires Authentication Unlicensed Licensed Download PDF	53
Chapter 9 Simple Governance for Data Ecosystems François Candelon, Massimo Russo, Rodolphe Charme di Carlo, Hind El Bedraoui and Tian Feng Requires Authentication Unlicensed Licensed Download PDF	59
Chapter 10 What B2B Can Learn from B2C About Data Privacy and Sharing Massimo Russo and Tian Feng Requires Authentication Unlicensed Licensed Download PDF	67
Section B: Human-AI Collaboration
Chapter 11 Are You Making the Most of Your Relationship with Al? Sam Ransbotham, Shervin Khodabandeh, David Kiron, François Candelon, Michael Chu and Burt LaFountain Requires Authentication Unlicensed Licensed Download PDF	75
Chapter 12 AI Won’t Break Your Company’s Culture – And It Might Even Boost Morale François Candelon, Michael Chu and Su Min Ha Requires Authentication Unlicensed Licensed Download PDF	79
Chapter 13 AI Could Make Your Company More Productive – But Not If It Makes Your People Less Happy François Candelon, Su Min Ha and Colleen McDonald Requires Authentication Unlicensed Licensed Download PDF	83
Section C: Responsible AI and the Social License to Operate
Chapter 14 AI-at-Scale Hinges on Gaining a “Social License” François Candelon, Rodolphe Charme di Carlo and Steven D. Mills Requires Authentication Unlicensed Licensed Download PDF	89
Chapter 15 With AI, Business Leaders Must Prioritize Safety Over Speed François Candelon and Theodoros Evgeniou Requires Authentication Unlicensed Licensed Download PDF	95
Chapter 16 This Is Why We Need to Talk About Responsible Al Steven D. Mills and Daniel Lim Requires Authentication Unlicensed Licensed Download PDF	101
Chapter 17 Six Steps to Bridge the Responsible AI Gap Steven D. Mills, Elias Baltassis, Maximiliano Santinelli, Cathy Carlisi, Sylvain Duranton and Andrea Gallego Requires Authentication Unlicensed Licensed Download PDF	105
List of Figures Requires Authentication Unlicensed Licensed Download PDF	115
Index Requires Authentication Unlicensed Licensed Download PDF	117

(Deutsch)

Language: English
Publisher: De Gruyter
Audience: This book helps guide organizations in making the critical leap to become AI-powered.
Pages
- Front matter: 11
- Main content: 113
Illustrations
- Coloured Illustrations: 18
Keywords: Next-gen learning; Human-technology interaction; Personalized customer journey; Data alchemy; Data ecosystems; Tech for good; Responsible technology

eBook

Published: September 20, 2022
ISBN: 9783110775112

Paperback

Published: September 20, 2022
ISBN: 9783110775099