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Course Outline

AI Fundamentals: Key Concepts, Varieties, and Common Myths

  • Clarifying what artificial intelligence is and what it is not
  • Distinguishing between Narrow AI and General AI
  • Understanding machine learning, deep learning, and data science
  • Explaining how machine learning operates without technical jargon

Generative AI and AI Agents in the Business Context

  • Exploring the capabilities and inherent limitations of generative AI
  • Understanding AI agents and their operational mechanisms
  • Identifying common business applications of generative AI
  • Addressing hallucinations and the current boundaries of AI tools

Data Readiness: The Essential Foundation for AI

  • Differentiating between structured and unstructured data
  • Evaluating data quality and its critical dimensions
  • Key data governance principles for managers
  • The importance of data readiness preceding AI implementation

Creating Business Value with AI

  • Utilizing the AI opportunity matrix
  • Conducting value chain analysis for potential AI use cases
  • Examining primary and supporting business activities
  • Identifying processes that yield the greatest value

AI Success Stories and Key Lessons Learned

  • Reviewing real-world AI applications across various business functions
  • Analyzing the factors that drive successful implementations
  • Recognizing common failure patterns and strategies to prevent them

Workshop: Spotting AI Opportunities by Department

  • Mapping departmental processes and identifying pain points
  • Brainstorming AI use case ideas for each business area
  • Completing an AI opportunity canvas
  • Sharing and debating findings across different departments

Prioritizing AI Use Cases for Optimal Value

  • Scoring based on value versus feasibility
  • Balancing quick wins with strategic long-term bets
  • Applying the AI project funnel model
  • Selecting the initial use cases to prioritize

AI Governance: Roles, Committees, and Accountability

  • Determining the appropriate leadership for AI in the organization
  • Defining governance roles, committees, and accountability structures
  • Comparing a Center of Excellence approach with distributed ownership
  • Implementing best practices for effective AI governance

Security, Risk Management, and Responsible AI

  • Navigating information security and data protection constraints
  • Conducting risk assessments for AI initiatives
  • Adhering to ethical guidelines and responsible AI usage
  • Building trust through transparent AI practices

Cultivating an AI-Ready Organization

  • Evaluating the organization's AI maturity level
  • Developing the necessary skills and competencies for the AI journey
  • Managing change and ensuring cultural readiness
  • Understanding the continuous AI strategy cycle

Workshop: Formulating the AI Implementation Roadmap and Action Plan

  • Consolidating the AI opportunity map
  • Defining implementation phases, quick wins, and key milestones
  • Assigning owners, success metrics, and governance checkpoints
  • Finalizing the initial roadmap and outlining next steps

Requirements

  • No previous technical or programming experience is required.
  • A keen interest in leveraging AI within a business or management setting.

Target Audience

  • Senior managers and department heads.
  • General managers and C-level executives.
  • Leaders overseeing digitalization and transformation initiatives.
 16 Hours

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