The explosion of generative AI in the past several months has shaken every industry, leaving leaders with questions. Should they even touch it? Probably. So who’s to lead it, manage the way it’s implemented, its governance, and overall strategy?
There may be no right answer, with every company taking its own path to incorporating generative AI into workflows and processes. And, even though it’s early days, several different models are emerging for oversight, each with its advocates. We spoke with four executives who spend their days focused on AI leadership in the enterprise, and each had a different view. In some cases, a single, C-level leader may be appropriate; in other cases, generative AI might be more distributed throughout the organization. What’s already clear is that the AI revolution isn’t just changing how business gets done, it’s changing how businesses are led. Here’s the view on managing generative AI now:
Every C-level leader is having the same conversation right now: What are we doing to plan for generative AI? Whenever there’s a significant opportunity for change, there’s a typical pattern that follows: Let’s hire a new chief AI officer. Let’s lock consultants into a conference room to design our strategy. Let’s concentrate on cost-takeout (usually accompanied by some imposing workforce reduction projections). And to be fair, these might well be legitimate options in some cases.
But, candidly, there’s a better approach to AI strategy. Companies should invite everyone into the conversation. We should broaden the number of colleagues who have a stake in how this technology gets deployed. AI leadership shouldn’t be a topic for only a few, it should be a movement that engages many. Some simple questions can ignite this process: How do you think this can help our business run better? How could it help you do your job more efficiently? What big ideas do you have? By opening up the discussion, leaders are likely to get more meaningful ideas faster, lessen resistance to change, and ultimately get the best ROI from this technology.
The true potential of generative AI—of all AI, in fact—is to bring more intelligence into how work gets done. Generative AI uses natural human language that allows people to consume information in a way that will make them more productive, more efficient, and more effective. Will there need to be governance? Of course. And that will fall to technology leaders and their teams. But that’s only one important conversation. An equally important conversation should be focused on the art of the possible: Where do we waste time on work that doesn’t actually drive our results?
If we can use generative AI to reduce even 25% of that work and free up people to focus on higher value tasks, that’s an incalculable return on investment. For all the talk about how AI will replace people, if it’s thoughtfully deployed, we’ll see people doing different and better things at work. We’ll feel more fulfilled, and we’ll ultimately make bigger contributions to our workplaces. Empowering people is the real dividend of shared ownership of AI.
— Nick Tzitzon, Chief Strategy and Corporate Affairs Officer, ServiceNow
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