Workshop
By 2024, the AI market is projected by IDC to reach $554.3 billion (Weiss, 2020). This shows business cannot ignore AI as a disruptive force. GenAI has disrupted the disruptors, but having said that is it crucial to understand how change that driven by AI is managed by organisations at large.
Change management isn't just about introducing new systems; it's about managing the human elements of these changes. A study by the Harvard Business Review points out that 70% of change initiatives fail due to resistance from employees and a lack of adequate communication (Carucci, 2019).
The trick is not to see AI as a danger but as a tool that can improve efficiency and open new opportunities.
Consequently, the adoption of AI involves more than just technological advancements. Instead, it's a transformational process that profoundly affects every business area. The truth is that internal communication is essential to the successful deployment of AI and is neither supplementary nor optional, as evidenced by real-world examples from industries like banking, healthcare, and academics amongst others.
The human element represented by excellent internal communication remains crucial to this transformation as the workplace progresses toward an AI-infused future.
Change management isn't just about introducing new systems; it's about managing the human elements of these changes.
Three takeaways from the session:
Aimed at the following practitioner levels: