Artificial Intelligence for Business & Management
A Technology Roadmap to the Future of Business
May 6-7, 2020
The next wave of technological opportunities for managers may very well be about the ability to harness ever-increasing amounts of data available throughout the product life cycle. Companies now have the ability to collect, store, and analyze data from the initiation of new product development, within the supply chain, across marketing channels, and during customer interactions with products. This data comes from a multitude of systems and takes varied forms. From ERP systems collecting individual transactions, to sensors and Internet-of-Things (IoT) providing real-time environmental data, to images taken during production processes, with user-generated and partner-generate complementing video, to social media and user feedback. The question arises is this data valuable? And if so, how can a company harness the data?
Supporting the data creation we are also witnessing a rise in opportunities for automation. Through Robotic Process Automation (RPA) companies are accelerating task-automation removing mundane activities to enhance productivity and provide employees with opportunities to focus on value-added insights. Artificial Intelligence systems are automating heating and cooling while transportation companies are starting to implement some of these features in car safety and self-driving vehicles.
The objective of this seminar is to introduce participants to advanced technologies that are becoming available in the business sector to enable managers to be meaningful contributors when developing the company’s technology plan for adopting new technologies. Few companies will adopt all technologies in the near future. Managers need to provide input as to which technologies have the potential to provide substantial future benefits and support investment in these opportunities. This program focuses on understanding the merits and risks of technological opportunities on the horizon.
TOPICS COVERED IN THIS COURSE
BENEFITSThis course will teach participants how to:
- Develop a technology roadmap
- Understand the short-term and long-term opportunities of various technologies
- Consider how to derive positive ROI and quick-wins to demonstrate the viability of ongoing investment
- Understand that managing technology opportunities, through deliberate evaluation and testing, is key to a successful implementation of a technology roadmap.
WHO SHOULD ATTEND?Senior and mid-level executives, managers, and professionals with a few years of experience across functional areas with interface to emerging technologies and strategic innovation; aspiring entrepreneurs; managers and owners of startup businesses.
INSTRUCTOREli SnirSenior Lecturer in Management at Washington University’s Olin Business School