101: Streamlining management responsibilities through AI
Artificial intelligence is revolutionizing workflows across industries, offering innovative solutions to workplace challenges. Its pattern-recognition and predictive capabilities are particularly valuable for managers juggling responsibilities.
Transforming operations oversight. AI can assist managers by providing comprehensive data on critical functions, streamlining operations, improving efficiency, and reducing costs. These AI tools can optimize supply chains, assess quality control, train new staff members, and conduct customer service through chatbots and virtual assistants. “AI-powered systems can analyze vast amounts of data, which enables real-time decision-making and the optimization of business processes. Such systems help operations managers discover bottlenecks, predict equipment failures, and adapt to market trends,” Amanda McGrath writes in an article for IBM.
Fostering workforce talent. Managers must keep track of their team’s schedules, work achievements, project deadlines, performance evaluations, and annual reviews. AI company Workday and its feature, Managers Insight Hub, use cloud-based human resources and financial management systems to provide managers with insights into team time off requests, goal updates, and employee skills. This technology looks at employees’ strengths and recommends promotions and projects most beneficial for them to grow. “Managers can support high-priority business needs by quickly identifying talent across the organization, assembling a team and defining roles,” Jack Kelly says about Managers Insight Hub in an article for Forbes.
Preparing employees for an AI future. AI is the future of business, but many companies are still in a state of transition. “Only 15% of managers consistently use [generative] AI, but 40% of business graduate students do,” Gabriele Rosani and Elisa Farri write in an article for Harvard Business Review. This means the next generation of business leaders are AI-savvy and eager to implement new technologies in traditional workplaces. To stay competitive, managers must stay up to date with the latest software and attract younger, AI-versed talent.
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