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Course Outline

AI Fundamentals: Key Concepts, Variations, and Common Misunderstandings

  • Clarifying what artificial intelligence does and does not do
  • Distinguishing between narrow AI and general AI
  • Understanding machine learning, deep learning, and data science
  • Explaining machine learning mechanisms without technical jargon

Generative AI and AI Agents in the Business Context

  • The capabilities and boundaries of generative AI
  • Understanding AI agents and their operational mechanics
  • Typical business applications of generative AI
  • Hallucinations and the current limitations of AI tools

Data Readiness: The Basis for AI

  • Structured versus unstructured data
  • Data quality and its essential dimensions
  • Key data governance principles for managers
  • The importance of establishing data readiness before AI deployment

Unlocking Business Value through AI

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

AI Success Stories and Key Insights

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

Workshop: Spotting AI Opportunities by Department

  • Mapping departmental processes and identifying pain points
  • Developing AI use case ideas for each business area
  • Completing an AI opportunity canvas
  • Sharing and debating findings across different departments

Prioritizing AI Use Cases for Optimal Value

  • Scoring value against feasibility
  • Balancing quick wins with strategic investments
  • The AI project funnel approach
  • Selecting the initial use cases to execute

AI Governance: Roles, Committees, and Accountability

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

Security, Risk, and Responsible AI

  • Information security and data protection constraints
  • Conducting risk assessments for AI initiatives
  • Ethical guidelines and the practice of responsible AI
  • Culturing trustworthy AI systems

Preparing an AI-Ready Organization

  • Evaluating AI maturity levels
  • Required skills and competencies for the AI journey
  • Change management and organizational cultural readiness
  • The AI strategy cycle

Workshop: Developing the AI Implementation Roadmap and Action Plan

  • Synthesizing the opportunity map
  • Outlining phases, quick wins, and key milestones
  • Assigning ownership, metrics, and governance checkpoints
  • Drafting the initial roadmap and subsequent steps

Requirements

  • No prior technical or programming background is necessary.
  • A genuine interest in applying AI within a business or management setting.

Target Audience

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

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