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Course Outline

AI Fundamentals: Key Concepts, Varieties and Common Myths

  • Defining what artificial intelligence actually is and what it is not
  • Distinguishing between narrow AI and general AI
  • Understanding machine learning, deep learning, and data science
  • Explaining how machine learning functions without complex technical terminology

Generative AI and AI Agents in a Business Context

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

Data Readiness: The Basis for AI Success

  • Differentiating structured and unstructured data
  • Key dimensions of data quality
  • Essential data governance principles for managers
  • The importance of establishing data readiness before deploying AI

Generating Business Value with AI

  • Utilizing the AI opportunity matrix
  • Conducting value chain analysis for potential AI use cases
  • Focusing on primary and supporting activities
  • Identifying processes that yield the highest value

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 to prevent them

Workshop: Pinpointing AI Opportunities by Department

  • Mapping departmental processes and identifying pain points
  • Brainstorming AI use case ideas for each business area
  • Filling out an AI opportunity canvas
  • Reviewing and discussing findings across different departments

Prioritizing AI Use Cases for Optimal Value

  • Scoring based on value versus feasibility
  • Balancing quick wins with long-term strategic investments
  • Applying the AI project funnel
  • Choosing the initial use cases to pursue

AI Governance: Roles, Committees and Accountability

  • Determining who should lead AI initiatives within the organization
  • Defining governance roles, committees, and duties
  • Comparing centers of excellence with distributed ownership models
  • Best practices for effective AI governance

Security, Risk and Responsible AI

  • Information security and data protection limitations
  • Conducting risk assessments for AI projects
  • Adhering to ethical guidelines and responsible AI usage
  • Cultivating trust in AI systems

Cultivating an AI-Ready Organization

  • Evaluating organizational AI maturity
  • Developing necessary skills and competencies for the AI journey
  • Managing change and ensuring cultural readiness
  • Implementing the AI strategy cycle

Workshop: Developing the AI Implementation Roadmap and Action Plan

  • Synthesizing the opportunity map
  • Establishing phases, quick wins, and key milestones
  • Assigning owners, defining metrics, and setting governance checkpoints
  • Finalizing the initial roadmap and subsequent steps

Requirements

  • No previous technical background or coding experience is necessary.
  • A genuine interest in leveraging AI within a business or managerial setting.

Target Audience

  • Senior managers and department heads.
  • General managers and executive-level leaders.
  • Leaders overseeing digitalization and transformation projects.
 16 Hours

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