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Course Outline

AI Fundamentals: Core Concepts, Varieties, and Common Myths

  • Distinguishing what AI actually does versus common misconceptions
  • The difference between Narrow AI and General AI
  • Overview of machine learning, deep learning, and data science
  • Understanding machine learning mechanics without technical jargon

Generative AI and AI Agents in the Business Context

  • Capabilities and constraints of generative AI
  • The functionality and mechanics of AI agents
  • Typical business applications of generative AI
  • Understanding hallucinations and the boundaries of current tools

Data Readiness: The Foundation for AI

  • Structured versus unstructured data types
  • Key dimensions of data quality
  • Essential data governance concepts for managers
  • The critical importance of data readiness prior to AI adoption

Generating Business Value with AI

  • The AI opportunity matrix
  • Value chain analysis tailored for AI use cases
  • Primary and supporting business activities
  • Processes that yield the highest value returns

AI Success Stories and Key Takeaways

  • Real-world AI applications across various business functions
  • Factors contributing to successful AI implementations
  • Common failure patterns and strategies for avoidance

Workshop: Identifying Departmental AI Opportunities

  • Mapping departmental processes and identifying pain points
  • Brainstorming AI use case ideas for specific business areas
  • Completing an AI opportunity canvas
  • Cross-departmental sharing and discussion of insights

Prioritizing AI Use Cases for Optimal Value

  • Scoring based on value versus feasibility
  • Balancing quick wins with strategic investments
  • The AI project funnel process
  • Selecting the initial use cases for execution

AI Governance: Leadership, Committees, and Accountability

  • Determining who should lead AI initiatives within the organization
  • Defining governance roles, committees, and duties
  • Center of Excellence models versus distributed ownership
  • Best practices for effective AI governance

Security, Risk Management, and Responsible AI

  • Constraints related to information security and data protection
  • Risk assessment methods for AI projects
  • Ethical guidelines and principles of responsible AI usage
  • Developing trustworthy AI systems

Creating an AI-Ready Organization

  • Evaluating the current level of AI maturity
  • Required skills and competencies for the AI journey
  • Change management strategies and cultural readiness
  • The continuous AI strategy cycle

Workshop: Drafting the AI Implementation Roadmap and Action Plan

  • Synthesizing the identified opportunities
  • Defining phases, quick wins, and key milestones
  • Assigning owners, metrics, and governance checkpoints
  • Finalizing the initial roadmap and outlining next steps

Requirements

  • Technical or programming background is not necessary.
  • A keen interest in leveraging AI within business and management settings.

Target Audience

  • Senior managers and department heads.
  • General managers and executives.
  • Leaders overseeing digitalization and transformation projects.
 16 Hours

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