The Current State of AI Adoption

Irving Wladawsky-Berger

For the past few years, McKinsey has been conducting a yearly online survey to help assess the state of AI adoption. As was the case in 2019, the high-tech sector leads the way in AI adoption, followed by the telecom and the automative and assembly sectors.

The State of AI Adoption - High Performers Show the Way

Irving Wladawsky-Berger

For the past few years, the McKinsey Global Institute has been conducting a yearly survey to assess the state of AI adoption. Its 2017 survey of over 3,000 AI-aware executive found that outside the technology sector, AI adoption was at an early, often experimental stage.

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The Current State of AI Adoption

Irving Wladawsky-Berger

In the past few years, the necessary ingredients have finally come together to propel AI beyond early adopters to a broader marketplace: powerful, inexpensive computer technologies; advanced algorithms; and huge amounts of data on almost any subject. Overall, the business world is beginning to adopt AI. Telecom, high-tech and financial services firms lead the way in AI adoption. AI is seemingly everywhere.

What’s Needed First? Culture Change or Enterprise 2.0 Adoption

Dan Pontefract

Do we first require an organizational culture adaptation prior to any meaningful Enterprise 2.0 adoption? tools need to become so simplistic, easy to use and of course generally available to an organization before a culture can be considered connected, flat and more collaborative? Peter Bregman states that an easy way in which to begin changing an organization’s culture is by telling stories. That should change the culture, right?

How to Support the Widespread Adoption of AI

Irving Wladawsky-Berger

Only 8% of firms are engaged in practices that support widespread adoption. In our surveys and our work with hundreds of clients, we’ve seen that AI initiatives face formidable cultural and organizational barriers… at most businesses that aren’t born digital, traditional mindsets and ways of working run counter to those needed for AI.”. To support the widespread adoption of AI, companies must make three fundamental shifts.

The connected enterprise adoption curve

Harold Jarche

Now here we are with all that we know, or should know, about the importance of informal relationships, creating high performance work environments and learning cultures. These are the early adopters. [First.] Here’s the final word on social business from me: informal social relationships have always been linked to effective performance. [So.]

Will blockchain kill culture?

David Weinberger

Peter Brantley [ @naypinya ] has posted a succinct warning about the effect blockchain technology may have on culture: by making the mechanism of trust cheap, transparent, and more reliable, blockchain could destroy the ambiguity that culture needs in order to thrive. Culture is the ultimate analog phenomenon, even when it’s communicated digitally, for it is only culture to the extent to which people?—?we?—?make Culture by definition does not.

Building a Culture of Continuous Learning

Charles Jennings

The part that formal, directed learning plays in overall organisational capability may be important at times, but organisations aspiring towards Peter Senge’s ‘learning organization’ – in other words, creating a culture of continuous learning - need to reach beyond simply improving structured training. Then we need to adopt effective strategies to get us there. The 52 Weeks program initially started as a way to communicate company culture and values to new employees.

If Your Enterprise Social Network Is a Ghost Town It’s Probably Due To Your Corporate Culture

Dan Pontefract

Tell me, would you describe your culture as one that is open or closed? Do you and your employees operate in a culture of fear or is it a relatively harmonious and engaged environment? Quite frankly, that saddens me because although technology isn’t the answer, enterprise social networks can do so much good for an organization’s culture and engagement. Like me, Charlene is a crusader for a more open and collaborative culture.

Micro-blogging can help build your organisational culture

Dan Pontefract

As a consequence and according to Gallup Management Journal , this disengaged and disconnected culture (in US-based organisations) is costing $300b per year in lost revenues alone. Moving Towards a Culture of Sharing. According to research published by McKinsey and Company in December, 2010, only 13% of companies felt as though micro-blogging was actually enhancing company culture. Exchanging Ideas; Improving Culture, Knowledge and Networks.

Reviewing "A New Culture of Learning"

John Hagel

  My colleague and friend, John Seely Brown, has just come out with “A New Culture of Learning: Cultivating the Imagination for a World of Constant Change” , co-authored with Doug Thomas, a professor at the University of Southern California.  Doug and JSB make the case that the acceleration and expansion of change requires us to adopt learning models. In the new culture of learning, collectives, as we define them, become the medium in which participation takes shape.

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Did Zappos Just Ruin Their Culture Or Is It A Brilliant Org Redesign?

Dan Pontefract

In a word, it’s all about “ culture.” Their collaborative mindset is infectious, one that encourages everyone to scale the culture. It’s an act of recognition, but it’s the opportunity for all Zappos employees to scale the culture. Culture can grow in other ways, too. It doesn’t have to, but the company’s financial and time contributions help foster a culture that is putting purpose alongside profit.

Micro-blogging can help build your organisational culture

Dan Pontefract

As a consequence and according to Gallup Management Journal , this disengaged and disconnected culture (in US-based organisations) is costing $300b per year in lost revenues alone. Moving Towards a Culture of Sharing. According to research published by McKinsey and Company in December, 2010, only 13% of companies felt as though micro-blogging was actually enhancing company culture. Exchanging Ideas; Improving Culture, Knowledge and Networks.

The Puzzling Technology Adoption Discrepancy Between Individuals and Institutions

Irving Wladawsky-Berger

The Foundation index, measures the fast moving advances in technology performance and adoption, as well as the shifts of global public policy that are reducing the barriers to entry and movement. I was particularly intrigued by The burdens of the past , a report which focuses on the growing gap between individuals and institutions in their adoption of knowledge-sharing technologies. . This discrepancy in technology adoption has been observed for the past few years.

How Nonprofit Leaders Make Time for Social Media and Other Secrets to Adoption

Beth Kanter

Don’t let the discomfort of the learning curve for new technology tools get in the way of adopting social media or mobile tools as a personal and organizational leadership tool for your organization. Ask them what the challenges were to adoption and now that they’ve had have some time to make it a habit, whether or not there were any benefits and more importantly what their social media routine is. Leadership Organizational Culture

The Holy Trinity: Leadership Framework, Learning 2.0 & Enterprise 2.0

Dan Pontefract

Adoption Council , they need a cross-functional team (the Enterprise 2.0 But to get this going, I believe we need to introduce, recognize and accept the New Holy Culture Trinity for the Organization. connected ‘culture of collaboration’. culture, it needs to grow up. (a can all become an integral part of the new culture, if mapped in accordance with the updated leadership framework and Learning 2.0 Culture Uncategorized enterprise 2.0

How DoSomething Transformed A Mistake Into Learning: Creating A Culture of Impact

Beth Kanter

This how you create a “ culture of impact.” Dosomething has a culture that isn’t about shame and blame. I can’t wait until their new book, “ The XYZ Factor: Creating A Culture of Impact ” launches next month. Failure Organizational Culture You’ve heard the mantra: Learn from failure. But no one likes to screw up and you can’t learn when people are feeling shame and pointing fingers at each other.

How Covid Is Reordering the Global Economy

Irving Wladawsky-Berger

It seems likely that many firms will adopt a model in which large numbers split their working hours between solitary work at home and collaboration in the office.”.

Issues 241

Trends That Will Likely Shape a Highly Uncertain Year

Irving Wladawsky-Berger

A few weeks ago The Economist published The World in 2021 , it’s 35th annual look at the economic, political, social and cultural trends that will likely shape the coming year.

Trends 179

A Culture of Wellbeing as a New Nonprofit Strength: Building Capacity During a Time of Disruption

Beth Kanter

A Culture of Wellbeing as a New Nonprofit Strength: Building Capacity During a Time of Disruption – guest post by Heather McLeod Grant, Adene Sacks, & Kate Wilkinson. We think this begins with social sector leaders adopting a “both/and” mindset and navigating the following tensions.

An Increasingly Digital “New Normal”

Irving Wladawsky-Berger

He started out by asking me about IBM’s near-death experience in the early 1990s, and the subsequent technical and cultural transformation that made it possible for IBM to reinvent itself and survive, while many other IT companies didn’t make it.

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New Directions for Government in the Digital Age

Irving Wladawsky-Berger

A month later, McKinsey & Company added , “We have vaulted five years forward in consumer and business digital adoption in a matter of around eight weeks.”. It is about adopting appropriate digital technologies to change how we work and deliver public value in the digital economy. …

AI Technologies Are Fundamentally Changing How Work Gets Done

Irving Wladawsky-Berger

The decreased task requirements are likely due to employers’ seeking greater focus from workers and the early adoption of AI and machine learning, indicating a fundamental shift in the way work gets done.

How to Survive and Thrive in a World of Disruption

Irving Wladawsky-Berger

Or it is that, as if actors in a kind of Greek tragedy , they see the changes coming and understand what needs to be done, but are somehow unable to make the needed strategic and cultural transformations?

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The Urgent Need to Strengthen the Nation’s Resilience

Irving Wladawsky-Berger

Digitization and AI adoption. Another, recent McKinsey report on the state of AI adoption found that while AI is becoming more mainstream, “much work remains to scale impact, manage risks, and retrain the workforce,” in over 95% of companies.

Issues 221

Why Some AI Efforts Succeed While Many Fail

Irving Wladawsky-Berger

And, as is generally the case with transformative technologies, AI should be treated as not just a technical capability but a major transformative initiative involving people, processes, culture, and business strategy.

Survey 201

Measuring the Effectiveness of Social Distancing Policies

Irving Wladawsky-Berger

A couple of weeks ago, the Atlas research group started to apply their geolocation data and methods to analyze the effectiveness of the social distancing policies adopted in the New York metropolitan area in response to the Covid-19 pandemic.

The Economic Value of Artificial Intelligence

Irving Wladawsky-Berger

Companies that are slow to adopt these AI-based productivity improvements will find themselves at a serious competitive disadvantage. Developing economies will experience more modest GDP growth due to their lower AI adoption rates. Adoption time frames were another important factor, based on the percentage of use cases in each sector that can be implement in the near term (0-3 years), mid term (3-7 years) and long term (7+ years).

The Real Business of Blockchain

Irving Wladawsky-Berger

It has yet to cross the chasm from a market dominated by early adopters to a wider mainstream market. Blockchain and Identity Complex Systems Economic Issues Education and Talent Innovation Management and Leadership Society and Culture Technology and Strategy Virtual Worlds

Scenario Planning - Formulating Strategy in the Face of High Uncertainty

Irving Wladawsky-Berger

Complex Systems Data Science and Big Data Economic Issues Education and Talent Future of Work Management and Leadership Media and Communications Political Issues Society and Culture Technology and Strategy“How can we formulate strategy in the face of uncertainty?,”

Even When Plans Are Useless, Planning Is Indispensable

Irving Wladawsky-Berger

In the longer term, the pandemic will generally accelerate existing trends , - e.g., the rate and pace of digitization, AI adoption, robotics and automation.

Could AI Reshape the Global Balance of Power?

Irving Wladawsky-Berger

serious mistakes and unintended consequences if public and private sector institutions adopt powerful AI technologies before they’re ready.

User-Based Free Innovation

Irving Wladawsky-Berger

There are four important interactions between the two paradigms, some complementary and some that compete with each other: Identical or similar designs can be made available to potential adopters via both paradigms at the same time.

The Current State of Open Innovation

Irving Wladawsky-Berger

On the positive side, open innovation has been widely accepted and adopted. Economic Issues Innovation Management and Leadership Services Innovation Society and Culture Technology and Strategy

Reconnecting Society and Reopening the Economy

Irving Wladawsky-Berger

Instead, many national and state governments adopted two distinct sets of actions, the hammer and the dance. A few months ago, MIT Connection Science held it’s annual Sponsors’ Meeting online. The virtual meeting included a number of very interesting presentations.

Post-Pandemic, Is the World Likely to Become Significantly Less Flat?

Irving Wladawsky-Berger

M ost everyone expects that the pandemic will accelerate the rate and pace of digitization, AI adoption and automation.

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Is Blockchain Ready to “Cross the Chasm”? Lessons from the Internet

Irving Wladawsky-Berger

Earlier this year, IBM conducted the largest study to date on the state of adoption of blockchain. With such technologies, you typically have a relatively small number of early adopters. A larger number of followers are waiting to learn from the early adopters’ experiences, while the laggards are not yet sure what the technology is about or if it applies to them. The Internet’s early adopters arrived in two phases.

The Productivity Paradox: Digital Abundance and Scarce Genius

Irving Wladawsky-Berger

Translating technological advances into productivity gains requires major transformations in business processes, organization and culture, - and these take time. For example, McKinsey recently conducted a global online survey on the current state of AI adoption, garnering responses from over 2,000 participants across a range of business functions, industry sectors, geographical regions and company sizes.

The Impact of AI on the World Economy

Irving Wladawsky-Berger

It looked at their adoption of five broad categories of AI technologies: computer vision, natural language, virtual assistants, robotic process automation, and advanced machine learning. McKinsey’s models showed that AI marketplace adoption will likely follow a typical S curve pattern , - that is, a slow start in the early stages, followed by a steep acceleration as the technology matures and firms learn how to best deploy it, then tapering off in the technology’s late stages.

Data 162

Innovation and National Security in the 21st Century

Irving Wladawsky-Berger

Reasons include delays in deploying leading technologies developed by the private sector; challenges in attracting and retaining technology talent; and a “persistent cultural divide between the technology and policymaking communities.”.

How to Transform a “Big, Old” Company into an Agile Digital Business

Irving Wladawsky-Berger

But, “the adoption of digital technologies in business doesn’t come as naturally,” - especially if you’re working in a big, old company. “Inserting digital technologies to enhance operations and create new value propositions has proven extremely challenging.”. Previous research has uncovered this puzzling digital adoption discrepancy between individuals and organizations. The main reason is culture , - the implicit social order of an organization.

Artificial Intelligence is Ready for Business; Are Businesses Ready for AI?

Irving Wladawsky-Berger

asks McKinsey in a recently published report - Artificial Intelligence: the Next Digital Frontier. “AI adoption outside of the tech sector is at an early, often experimental stage,” is the report’s succinct answer. “Few firms have deployed it at scale.”. Only 20 percent of respondents had adopted AI at scale in a core part of their business. 40 percent were partial adopters or experimenters, while another 40 percent were essentially contemplators.

Impact of an Aging Population on Economic Growth and Automation

Irving Wladawsky-Berger

In Demographics and Automation , published in March, 2019, Acemoglu and Restrepo analyzed the impact of an aging labor force on economic growth and automation based on a simple model of technology adoption and innovation. Countries experience more rapid aging, - e.g. Japan, Germany, South Korea, - are also the ones at the forefront of adopting industrial robots. The world has been stuck in an era of slow economic growth over the past decade.