📊 Increase strategic alignment with forward-looking smart KPIs and AI 🤝

 📊 Increase strategic alignment with forward-looking smart KPIs and AI 🤝 

 



The latest research from #MIT Sloan Management Review and Boston Consulting Group highlights the game-changing role of Artificial Intelligence in redefining Key Performance Indicators (KPIs) and revolutionizing strategic alignment in organizations. Here are the key insights: 

 

1️⃣ KPIs as Strategic Assets: When organizations treat #KPIs as assets rather than mere metrics, it invites intentional investment and innovation. AI can enrich and improve KPIs, making them more predictive and forward-looking. 

 

2️⃣ Visibility and Transparency: Sharing #KPIs promotes accountability, encourages discussion, and fosters a shared sense of purpose. AI-powered data democratization can make performance data visible and accessible to leaders, improving organizational alignment. 

 

3️⃣ Mapping KPI Relationships: Understanding how key performance indicators, key performers, and key performance are interconnected is crucial. AI can help organizations map and model these relationships, breaking down silos and enhancing alignment. 

 

4️⃣ Three Types of Smart KPIs: AI-enriched KPIs come in three flavors - Descriptive, Predictive, and Prescriptive. They not only describe past and present performance but also anticipate future outcomes and recommend actions for better results. 

 

5️⃣ Strategic Evolution: #AI is redefining how #KPIs are used and how they contribute to strategic alignment. The ongoing translation of strategy into smarter, more valuable metrics is crucial for data-driven leaders. 

 

Follow us for more AI updates and AI applications for business.  

 

 

 

 

 

 

Comments

Post a Comment

Popular posts from this blog

AI-Powered Breakthrough in Antibiotic Resaearch: A New Hope Against Drug-Resistant Bacteria

Image
  AI-Powered Breakthrough in Antibiotic  Resaearch : A New Hope Against Drug-Resistant Bacteria         In a groundbreaking development that could significantly alter the landscape of medical science, researchers from the  Massachusetts Institute of Technology  (MIT) have utilized artificial intelligence (AI) to achieve a significant breakthrough in the battle against antibiotic-resistant bacteria. This pioneering research, spearheaded by Anne Trafton of MIT News, heralds a promising new era in the fight against deadly pathogens such as methicillin-resistant Staphylococcus aureus (MRSA), which is responsible for more than 10,000 deaths annually in the United States alone.     The AI-Driven Discovery Against MRSA   The research team, employing deep learning techniques—a sophisticated subset of AI—has identified a novel class of compounds with the potential to eradicate MRSA. This discovery is particularly significant, given the bacte...
Read more

Unveiling the Complexity of Visual Recognition: MIT's Study Challenges AI Perception

Image
  Unveiling the Complexity of Visual Recognition: MIT's Study Challenges AI Perception           In a groundbreaking study from the Massachusetts Institute of Technology's Computer Science and Artificial Intelligence Laboratory (MIT CSAIL), researchers have introduced a novel perspective on the capabilities and limitations of artificial intelligence (AI) in image recognition. This research, spearheaded by MIT PhD student David Mayo and his team, explores the intricacies of how #AI systems perceive and interpret visual data, challenging our preconceived notions about machine vision and its comparison to human perceptual abilities.     Introducing Minimum Viewing Time (MVT)   At the heart of this study is the development of a new metric termed "Minimum Viewing Time" (MVT), designed to assess the complexity of image recognition tasks. MVT measures the time required for humans to accurately identify an image, offering insights into the challenges...
Read more

🚀 Generative AI is reshaping the landscape of work! Here are the insights from Salesforce's latest research:

Image
  🚀 Generative AI is reshaping the landscape of work! Here are the insights from Salesforce's latest research:     1 ️⃣  61% of professionals are already using or planning to use #GenerativeAI. It's not just a buzzword; it's a game-changer for businesses worldwide.     2 ️⃣  In a survey of over 1,000 marketers, 51% are actively using or experimenting with Generative AI, despite its relatively new status.     3 ️⃣  C-level executives have recognized the transformative potential of #GenerativeAI, with an impressive 84% believing it's essential for achieving growth objectives.      💰  The global #AI market is poised to reach an astounding $190.61 billion by 2025, boasting a remarkable compound annual growth rate of 36.62%.      🌍  By 2030, Artificial Intelligence is projected to contribute $15.7 trillion to the world's #GDP, propelling it by 14%. It's not just about efficiency; it's about driving g...
Read more