While talking about leadership and its evolving role, the three styles – old dictatorship, mid 70s empowerment, and modern lean style, sum up the scenario quite perfectly. Modern leadership revolves around agility, collaboration, lateral management, collective learning, and shared sense-making. Technology, disruptive more importantly, is not only paving a path for such new leadership styles but also birthing newer concepts rapidly. The Kanban method is just one example of technology aiding leadership and management. The end result is a more control yet increased flexibility, more empowerment yet increased productivity, and thus a higher ROI. This is in sharp contrast to what Mcgregor’s theory X has to say about people management – if left to themselves employees will do anything to avoid work. Unaided by technology, perhaps, it would be true. And, what a mess would leaders be in the absence of such systems. There is a lingering threat, a sort of existential crisis, facing leaders.
From fetching invaluable insights on user behavior to making complex predictions on customer lifetime value, AI is adept. Leave business aside for a moment, even in day-to-day decision making AI has taken charge. Robo Readers and Robo Graders – Here’s an example, where machines have replaced a very human function – reading. Not just that, robots have also reduced intensively laborious task of essay grading. Automated essay scoring systems evaluate students’ essay writing just as any human would do, or even better. Teachers – yay or nay? Robo Financial Advisors – In a sphere that has till now been largely run on expert advice, the reign of robots seems quite a tremendous change. Robo financial advisors such as Wealthfront are promising relevant and personalized financial advice aided by artificial intelligence and machine learning. FICO for Credit Decisions – Critical credit decisions are too being taken efficiently proficiently with the help of smart service providers such as FICO. Using AI and machine learning, FICO can calculate a FICO score to assess credit risk, manage debt, and predict fraud.
This is revolutionary for financial institutions, and for masses as well. Anywhere you look, you’ll see examples of AI taking charge! In fact, the very idea behind creating such expert systems is to emulate human decision-making. Boss at the Workplace, or Bots at the Workplace? Workplaces have been quick and smart to embed AI into every almost aspect, that too with bots! Every organization has a unique set of challenges that leaders can solve now chat bots are deployed for solving. With an efficient bot strategy in place it is possible to automate internal tasks, provide unmatched customer service, and also offer smart digital assistance to people at work. This covers virtually everything that leaders are were required to do. For example, chat bots can understand customer queries and provide relevant answers using fed data. Business Insider states that 44% consumers in US prefer chatbots instead of humans for customer service. Let’s look at a real life scenario where bots at the workplace are taking up the job of managers. At B12, a new-age startup, robots and software coordinate all the work performed by copywriters, designers, etc. The software is named Orchestra (considering that it orchestrates all the tasks). The job description for Orchestra – generate a new Slack group, identify team members who are appropriate to work on a given task, and assign work to available humans. The JD closely matches that of a team lead or manager. Clearly, what managers can do technology has been trained to do better. Where is Leadership Headed? But the question that remains, or rather the concern that faces managers is that in the age of AI how their roles need to evolve? Radically, leadership is no different in the wake of AI. The nature of leadership is however, up for a change. The focus will shift from authority and decision-making to empathy, team-building, adaptability, communication, and humility. The creative and emotional side of intelligence will reign over. Such softer skills will see dominance in an age where robots and AI line-up at the analytical and decision-making front.
\nI suppose that it is human disposition when confronted with some amour new to automatic solelyy consider how contrastive it is from what we be devoted to. Reading The hold up River T witness: ii years on the Yangtze I embed myself intrigue by not how assorted Chinese gardening is to western society. I did not point out myself app anyed by how the party do by foreigners making them get un wished in their land. I did not find it at all surprise that the students in Hesslers row expressed the opinions they did. \n quite a I name myself genuinely affect at how at the core of the visualize that has been detailed in this book. Human beings be generally the very(prenominal). At the surface the disagreement between American and Chinese assimilation hold the contrariet y between nighttime and day. The Chinese mental capacity is heavily steeped in their culture and history. \nOther differences overwhelm how outspoken the students be regarding the fact that they cannot hear with Hamlet. How different their books be, in that their creativeness seems to have its origins indoors the fields. Despite all of these differences the one thing that seems to tie it all together within the book are the people who the author describes. Top quality Cheap custom essays – BestEssayCheap. You want to get good grades? Top quality Cheap custom essays – BestEssayCheap. Y ou want to get good grades?
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