While businesses and organizations are already being impacted by the disruption caused by the rise of AI, they can start preparing for a new era of technological disruption where different AI models and robotics will turn the way we think about business development upside down.
Capable of performing complex calculations exponentially faster and more precisely than we have ever seen before, this new form of computing will have profound implications across industries and sectors. Companies and organizations that don't prepare well enough for this technological leap could lose momentum and be overtaken by competitors that are better at embracing this shift. And this is only the beginning…
Artificial Intelligence, especially LLM (large language models), is already making it possible to analyze massive amounts of data in real-time, transforming decision-making processes and upending traditional strategic models. However, the opportunities and benefits will only be realized by those prepared to use them effectively and strategically.
That's why companies and organizations must rethink how they implement and execute their strategies. It's time to ditch the old-fashioned methods of spreadsheets and manual follow-up and replace them with modern, cloud-based platforms that allow for real-time monitoring and far greater strategic agility.
Artificial Intelligence and the need for strategic agility
The immense power of AI makes it possible to uncover strategic insights from data sets that until now have been large or complex to analyze within a reasonable timeline. For example, it will accelerate innovation to a degree that may be difficult to imagine today and challenge the traditional approach to developing and executing strategy. And it will only go faster when AI in generic terms is supported with the power from Quantum Computing.
Speed and adaptability will simply become paramount, and therefore the tools used for strategic decision-making must be technologically up to speed. In other words, the question is no longer whether to have a digital approach to strategy execution, but which of the digital approaches to choose.
To help design, monitor and execute strategy, companies and organizations need platforms that can handle the speed, volume and complexity of future data streams - platforms that enable them to respond quickly to new strategic insights.
This is where a digital Strategy Execution Management (SEM) platform like the one DecideAct offers comes in. Such platforms provide companies with a digital infrastructure and real-time data on the progress of their strategic initiatives and enable them to adjust strategies dynamically. The ability to respond quickly to change, both internally and externally, will be a key factor in determining which companies will thrive in the era of Artificial Intelligence - and which will not.
Real-time data: the strategic advantage of the future
Businesses and organizations are already experiencing how rapidly changing external factors - political shifts, economic turbulence, social inequality and environmental risks - are challenging their ability to act at the strategic level. Good strategizing is fundamentally about making the right (bold) decisions at the right time on an informed basis - and technology can support decision-making with accurate, real-time data - as opposed to the static reports of the past.
A digital platform that continuously tracks and updates the status of strategy execution while accounting for external conditions enables companies and organizations to respond to both expected and unexpected changes in a relevant and timely manner. Whether it's adapting to a new regulatory landscape or capitalizing on a sudden market opportunity, those who are constantly prepared will stay ahead.
In terms of technological change and the speed at which it's happening, we've only seen the tip of the iceberg. AI is already revolutionizing industries and sectors, and AGI (Artificial General Intelligence) empowered by Quantum Computing will further emphasize that the need for a digital, data-driven approach to strategy has never been more urgent. Companies that embrace these tools now will be better positioned to navigate the realities of today and thrive in the increasingly unpredictable landscape of tomorrow.
Keep in mind, that the future of strategy execution is not only going to happen in combination between humans and all the new robotic technologies that companies will implement to run their business.