making decisions based on data and research instead of intuition or experience
evidence-based management
Critical threat for companies that is a byproduct of technology advancement
Cybercriminality
What is generative AI?
powerful AI that is capable of performing creative and complex tasks autonomously by applying pattern learning on large datasets
The belief that the first company to enter a market gains a significant advantage
First-Mover advantage myth
What are the attributes of useful information?
Quality, Timeliness, Relevance, Completeness
What is required to enable the successful implementation of generative AI?
behavioral change of individuals and organizations
What is team continuity?
the idea that teams with stable, longterm membership perform better due to improved communication and mutual understanding
What impact did the advance technology have on organizational structures?
flattened hierarchies & more horizontal communication
Responsible rebels
A talent management system where employees are ranked and the worst performers are either coached to improve or dismissed
Rank and Yank
Name and explain 3 Management Information Systems
Transaction-processing, Operations Information, Decision support, Expert, ERP, E-commerce
Why is proper data management one of the biggest pain points in the adoption of gen AI?
gen AI learns from unstructured data such as text and images so there's a huge need to collect, store, and curate this type of data..but most companies are already struggling with structured data for analytical machine learning