As AI becomes more prevalent, leadership in business is changing. Machines can now do many tasks, like flying planes and making decisions. Businesses are using AI not just to understand customers, but also to plan strategies and adapt quickly. CEOs need to be ready for this change.
Roshni Khatri from OpenGrowth says that AI can help find patterns in data and make better decisions. But humans still need to use AI wisely. A study found that many workers trust robots more than their bosses for advice.
Khatri says future leaders must use AI in smart ways. They need to:
1. Find hidden patterns in data.
2. Automate tasks to get data faster.
3. Use AI to understand customers better.
4. Personalize services for customers.
AI can find patterns and make better decisions without bias. But humans need to act on those decisions quickly.
François Candelon from Boston Consulting Group says CEOs have new roles because of AI:
1. Manage risks and use AI well.
2. Make sure automation matches human values.
3. Stay focused on strategy and adapt quickly.
CEOs need to understand AI and explain how they use it to everyone.
Kavita Ganesan, an AI expert, says future CEOs need different skills. They need to be creative and understand technology. They don’t just need business skills. Ganesan thinks companies will have new roles in leadership. They might have chief AI officers or chief algorithm officers. This changes how companies plan for the future.
Researchers say companies need a good culture when using AI. Leaders need to bring people and AI together. They need to focus on people’s skills and work well with AI. In the future, AI will do more tasks. But leadership will still be about people. Leaders need to make good choices, just like they do now.
