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As the business environment continues to rapidly change, Dan Reid
and Nada Sanders have developed an integrated approach that makes
the introductory OM course accessible and engaging for all business
majors. Beyond providing a solid foundation, this course covers
emerging topics like Artificial Intelligence, Robotics, Data
Analytics, and Sustainability and gives equal time to strategic and
tactical decisions in both service and manufacturing organizations.
There is a lot of hype, hand-waving, and ink being spilled about
artificial intelligence (AI) in business. The amount of coverage of
this topic in the trade press and on shareholder calls is evidence
of a large change currently underway. It is awesome and terrifying.
You might think of AI as a major environmental factor that is
creating an evolutionary pressure that will force enterprise to
evolve or perish. For those companies that do survive the "silicon
wave" sweeping through the global economy, the issue becomes how to
keep their humanity amidst the tumult. What started as an inquiry
into how executives can adopt AI to harness the best of human and
machine capabilities turned into a much more profound rumination on
the future of humanity and enterprise. This is a wake-up call for
business leaders across all sectors of the economy. Not only should
you implement AI regardless of your industry, but once you do, you
should fight to stay true to your purpose, your ethical
convictions, indeed your humanity, even as our organizations
continue to evolve. While not holding any punches about the dangers
posed by overpowered AI, this book uniquely surveys where
technology is limited, and gives reason for cautious optimism about
the true opportunities that lie amidst all the disruptive change
currently underway. As such, it is distinctively more optimistic
than many of the competing titles on Big Technology. This
compelling book weaves together business strategy and philosophy of
mind, behavioral psychology and the limits of technology,
leadership and law. The authors set out to identify where humans
and machines can best complement one another to create an
enterprise greater than the sum total of its parts: the Humachine.
Combining the global business and forecasting acumen of Professor
Nada R. Sanders, PhD, with the legal and philosophical insight of
John D. Wood, Esq., the authors combine their strengths to bring us
this profound yet accessible book. This is a "must read" for anyone
interested in AI and the future of human enterprise.
There is a lot of hype, hand-waving, and ink being spilled about
artificial intelligence (AI) in business. The amount of coverage of
this topic in the trade press and on shareholder calls is evidence
of a large change currently underway. It is awesome and terrifying.
You might think of AI as a major environmental factor that is
creating an evolutionary pressure that will force enterprise to
evolve or perish. For those companies that do survive the "silicon
wave" sweeping through the global economy, the issue becomes how to
keep their humanity amidst the tumult. What started as an inquiry
into how executives can adopt AI to harness the best of human and
machine capabilities turned into a much more profound rumination on
the future of humanity and enterprise. This is a wake-up call for
business leaders across all sectors of the economy. Not only should
you implement AI regardless of your industry, but once you do, you
should fight to stay true to your purpose, your ethical
convictions, indeed your humanity, even as our organizations
continue to evolve. While not holding any punches about the dangers
posed by overpowered AI, this book uniquely surveys where
technology is limited, and gives reason for cautious optimism about
the true opportunities that lie amidst all the disruptive change
currently underway. As such, it is distinctively more optimistic
than many of the competing titles on Big Technology. This
compelling book weaves together business strategy and philosophy of
mind, behavioral psychology and the limits of technology,
leadership and law. The authors set out to identify where humans
and machines can best complement one another to create an
enterprise greater than the sum total of its parts: the Humachine.
Combining the global business and forecasting acumen of Professor
Nada R. Sanders, PhD, with the legal and philosophical insight of
John D. Wood, Esq., the authors combine their strengths to bring us
this profound yet accessible book. This is a "must read" for anyone
interested in AI and the future of human enterprise.
Business leaders know that accurate forecasting is a critical
organizational capability. Forecasting is predicting the future,
and the list of what needs to be predicted to run a world-class
organization and its supply chain is virtually endless. Forecasting
goes well beyond simply predicting demand or sales. Accurate
forecasts are essential for identifying new market opportunities,
forecasting risks, events, supply chain disruptions, innovation,
competition, market growth and trends. It also includes the ability
to conduct a what-ifa analysis to understand the tradeoff
implications of decisions. Over the past few years the ability to
make accurate and useful forecasts has become particularly
challenging due to a spike in the competitiveness of global markets
coupled with a global economic recession. Customers are demanding
increasingly shorter response times, improved quality, and greater
product choice. Increased competition is exacerbated by a downward
global economy and rising fuel prices, which increase uncertainty,
risk, and operating costs. The result has been a sharp rise in the
complexity of what needs to be forecasted. In an era of rapid
change, historical data that are typically used to make forecasts
can be of limited value. At the same time information technology
has enabled forecasts to drive entire supply chains and enterprise
resources planning systems. However, more technology and software,
without an understanding of how they can most effectively be
utilized, are not the answer to improving forecast accuracy
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