Artificial Intelligence Strategy (Batch 3)

Artificial Intelligence is transforming the nature of our work and conduct of our businesses. On the one side, the predictive and generative power of AI promises to enhance our potential. On the other side, the scale and scope of AI based automation poses a credible threat to the survival of incumbent firms and the viability of their business models.

Examine the levers of firm sustainable competitive advantage.

Understand how technological change impacts incumbent competitive advantage.

View AI as a general-purpose technology that affects a broad range of industries.

Develop a basic understanding of the technology behind AI.

Simulate how AI works and impacts decision making.

Appreciate how AI can help companies leverage data as a source of competitive advantage.

Sketch the emergence of the new AI landscape and the business models around AI.

Craft an AI-based business strategy that combines traditional strengths of the firm with AI to deliver new products and services, effectively and efficiently, in existing and new markets.

Realize that AI may have unintended consequences and discuss strategies to address them.

Walk through the deployment of AI based strategy in organizations across varied settings.

The programme shall consist of multiple modules that together addresses the following aspects:

Overview of Strategy

Levers of Sustainable Competitive Advantage

Technological Change and Incumbent Adaptation

AI as a General-Purpose Technology

AI and the Prediction Problem

Data The New Oil

When is AI better? When does AI falter?

AI as substitute and AI as complement

AI Technology Landscape

AI Deployment Process

AI in Action Simulation

Deploying an AI Strategy

Risks associated with AI and Mitigation Strategies

AI and Grand Challenges

Key BenefitsTakeaways

The program is expected to benefit the participants in multiple ways. On completion of this programme, the participant will be able to:

Examine the levers of firm sustainable competitive advantage.

Understand how technological change impacts incumbent competitive advantage.

View AI as a general-purpose technology that affects a broad range of industries.

Develop a basic understanding of the technology behind AI.

Simulate how AI works and impacts decision making.

Appreciate how AI can help companies leverage data as a source of competitive advantage.

Sketch the emergence of the new AI landscape and the business models around AI.

Craft an AI-based business strategy that combines traditional strengths of the firm with AI to deliver new products and services, effectively and efficiently, in existing and new markets.

Realize that AI may have unintended consequences and discuss strategies to address them.

Walk through the deployment of AI based strategy in organizations across varied settings.