BetterUp’s Post

Are you preparing your team to harness the full power of AI? Here are three strategies that we here at BetterUp believe that you can implement to upskill your workforce for an AI-driven future. The Conference Board recently released a survey around this impact. Read more: https://lnkd.in/ez9SKYqt

Integrating AI into your workforce needs to be strategic. We've seen what happens when companies let Enterprise applications like Salesforce "run themselves"... bad data, broken processes, unhappy users, confused customers. I am excited to see companies like BetterUp encouraging upskilling and training. It should be planned and executed well, with a strategy that aligns with your goals. And finally but most importantly...someone needs to OWN it. Skilled, trained, and specifically hired for that role. If you choose to roll AI out to your workforce and ask one of your hard-working IT or Ops folks to run with it, in addition to their already full plate, expect to run with some failures at a heavy cost. Even if you don't see it immediately. Investing in New technology (whether bought or built) should come with a plan for governance, maintenance, continued innovation, etc. Build your teams accordingly.

The future belongs to those who understand how to leverage AI to better connect with each other. It sounds counterintuitive, but it's true. No matter the industry, business is about making and selling things that connect with some audience. Someone is on the receiving end of your branding, storytelling, product update, and sales presentation. Human connection will always be the end goal. AI can never replace this, but it will help you do it faster.

Generative AI holds great promise for enhancing workforce productivity and the employee experience. However, organizations must take a thoughtful, human-centred approach to realize its full potential. Key takeaways: - AI can automate routine tasks, freeing employees to focus on more strategic, creative work. This allows people to spend more time in their "Zone of Genius". - AI tools like chatbots can improve customer service by providing 24/7 support and reducing response times. However, the human touch is still needed for building trust and loyalty. - AI can help with recruiting, performance management, career development and other HR processes. However, safeguards are needed to prevent bias and unethical use of data. - Change management is critical. Employees may distrust AI or fear job loss. Involving staff in implementation and clearly communicating benefits can ease anxiety. - AI should enhance human capabilities, not replace them. The technology alone lacks empathy and emotional intelligence. The combination of AI and human strengths is most powerful. - With rapid advances, AI's impact is hard to predict. However, organizations that leverage AI to augment their workforce will gain a competitive edge. A human-centred approach is key. The future of work will involve more collaboration between humans and AI. Adopting AI thoughtfully and ethically will allow businesses to boost productivity while keeping people at the center. How is your organization navigating workforce AI? #GENAI #humansatthecenter #culture

🚀 Embrace the Human Side of AI! 🌟 Employees engaging with generative AI seek more than technical skills—they value social-emotional skills and a supportive environment. Leaders championing human-centered AI are reshaping workplaces for success. Let's unite innovation with empathy for the future of AI and boost productivity by humanizing gen AI gains. #GenerativeAI #EmployeeEngagement #Innovation #HumanCenteredAI 🤝💡 https://lnkd.in/gPkqrtYf

Navigating the Future of Work: Unlocking Human Potential in the AI Age 🚀 The world of work is undergoing a profound transformation driven by the rapid evolution of AI, automation, and digital innovation. This transformation offers immense opportunities but also brings significant challenges for organisations, leaders, and employees alike. Are you prepared? Equip yourself with our survival kit, “Unlocking Human Potential in the AI Age." This survival kit explores the intersection of artificial intelligence, automation, and human potential. We present a compelling case for why organisations must prioritise building a workforce that is agile, adaptable, and equipped to work alongside AI. By examining the impact of AI and automation on the workforce, the importance of collaboration, and the role of data-driven insights in driving performance, we uncover the key strategies and solutions organisations need to succeed in the future of work. 🔗 Access your complimentary survival kit today: https://lnkd.in/gd4AKwwa #ai #artificialintelligence #futureofwork #culturate #tfai

In today's rapidly changing digital landscape, generative AI (gen AI) is pivotal. My role as a leader in digital transformation involves guiding organizations and professionals to master the power of gen AI. By doing so, we keep up and spearhead the movement into tomorrow. Generative AI fundamentally transforms business conduct, making usage nearly universal and straightforward. This broad accessibility embeds AI's advantages within our daily tasks, from communication to heightened productivity. McKinsey's findings are striking: Gen AI could alter up to 70% of business operations, hinting at economic growth across various sectors and professions. The focus isn't solely on the technology; it's on the people harnessing it. In a gen AI-driven world, clarity empowers team members to enhance their roles in line with organizational aspirations. Such knowledge dissipates redundancy fears, paving the path for job enhancement and enrichment. Consider the potential for increased creativity and reduced mental workload. For top executives, the path forward involves: Deciphering gen AI complexities. Advocating for its adoption. Pinpointing its influential applications in harmony with the company's aims. This strategy transcends the rush for new tech—it's about building an environment where gen AI propels innovation across all workforce levels. Adopting this proactive view requires a cultural transformation toward adaptability and promoting an innovative milieu for gen AI assimilation. The McKinsey Digital survey highlights the interdependence of a forward-thinking culture and the triumph of digital innovations. Furthermore, the advent of gen AI challenges us to reevaluate and enhance our people management tactics, fostering an environment where mentorship, skill advancement, and job contentment thrive. Leaders must foresee and educate, closing the gap between technology's potential and its tangible implementation. In collaboration with #IMCbot, I've provided these insights for your exploration of gen AI's revolutionary impact, nurturing a culture of #Innovation, #DigitalTransformation, and #Automation. #AxelerantLifestyle #AI Source: https://lnkd.in/gbAUbUQv.

Navigating the Future of Work: Unlocking Human Potential in the AI Age 🚀 The world of work is undergoing a profound transformation driven by the rapid evolution of AI, automation, and digital innovation. This transformation offers immense opportunities but also brings significant challenges for organisations, leaders, and employees alike. Are you prepared? Equip yourself with our survival kit, “Unlocking Human Potential in the AI Age." This survival kit explores the intersection of artificial intelligence, automation, and human potential. We present a compelling case for why organisations must prioritise building a workforce that is agile, adaptable, and equipped to work alongside AI. By examining the impact of AI and automation on the workforce, the importance of collaboration, and the role of data-driven insights in driving performance, we uncover the key strategies and solutions organisations need to succeed in the future of work. 🔗 Access your complimentary survival kit today: https://lnkd.in/gd4AKwwa #ai #artificialintelligence #futureofwork #culturate #tfai

As an industry expert, I've observed a disconnect between AI advancements and their real-world applications. Despite AI's potential, many professionals feel it hasn't delivered value beyond improvising some old use cases. This is due to two key challenges: Awareness Gap: Industry leaders often lack understanding of AI's diverse capabilities. AI can revolutionize predictive analytics, optimize processes, and enhance customer interactions. However, without a clear vision, AI's potential remains untapped. Domain Knowledge Gap: AI experts often lack deep industry insights, leading to solutions that are advanced but impractical for specific needs. Additionally, two fears hinder AI's impact: Fear of Missing Out (FOMO): Many jump into AI projects hastily, driven by the fear of missing out, only to end up disappointed or assuming AI is not mature enough. This rush often leads to poorly planned initiatives that fail to meet expectations. Fear of Being Replaced: There's a widespread fear that AI will replace jobs, similar to the fears during the shift from paperwork to computers in the 1980s. However, just as that transition created new roles and increased demand for computer operators, AI can redefine job profiles, empowering rather than replacing humans. How can organizations effectively research their AI needs? In my next post, I'll share a structured approach for C-level executives to identify and invest in AI opportunities, ensuring initiatives are strategic, impactful, and aligned with business goals. Stay connected to discover how to bridge these gaps and harness AI's full potential. I’d love to hear your thoughts! What gaps have you noticed in AI adoption, and what strategies have you found effective in bridging these gaps? Let's discuss in the comments. #AI #IndustryInnovation #FutureReady #Collaboration #AIUseCases #TechTransformation #EthicalAI #Empowerment #JobEvolution

An AI for Business Study, key findings report by Tata Consultancy Services makes an interesting read. It is a comprehensive report based on perspectives from nearly 1300 senior leaders from 24 countries. It shows positive sentiment among executives regarding AI impact. The study reveals how organizations are responding to AI’s potential, challenges and future outlook. It clearly emphasizes on the importance of balancing optimization, productivity, innovation and quality improvements when integrating AI into business operations. Financial Services sector seems to be leading this revolution with significant rate of adoption of AI technologies: ·      They are leveraging AI for predictive and prescriptive maintenance, enabling proactive solutions before machine failures occur.  ·      Also partnering with technology providers, AI research institutions, and industry consortia to expedite AI development. These collaborations offer access to cutting-edge research, specialized talent, and shared data pools for enhanced AI capabilities. ·     In addition are prioritizing the use of AI for innovation and revenue growth rather than cost-cutting measures. I clearly see that Technology companies will see increased traction with the financial sector  ·      in implementation of AI to improve quality rather than enhancing productivity due to the critical nature of maintaining quality in these sectors. ·      In upgrading their IT infrastructures to support advanced AI functions. ·      In talent development and training to bridge the skills gap in AI-related competencies. We can foresee some interesting times ahead as this AI revolution evolves. #Business#AI#Financial Services https://lnkd.in/dCQjNiV9