What is the Profile of Leaders in the Age of Artificial Intelligence (AI)?
The ORH article, “What is the Profile of Leaders in the Age of Artificial Intelligence (AI)?," quoted Russell Reynolds Associates Consultant Jesús Arévalo on the expected effect of AI on work. An excerpt of the article, translated from the original Spanish, is below.
The firm Russell Reynolds Associates (RRA) - a leading recruitment, assessment, and leadership advisory firm for senior executives - has prepared a study that delves into the profile of leaders in the age of Artificial Intelligence (AI).
The technology associated with Artificial Intelligence will set the pace in 2019 and, therefore, it is more important than ever to have leaders who are able to connect business strategy to Artificial Intelligence capabilities to work cross-functionally.
The technological advances of AI and its ability to accelerate human learning, with smarter computers and people who benefit from its efficiency, are now a reality. According to Jesús Arévalo, Technology Partner at Russell Reynolds, "the technologies around Artificial Intelligence, such as machine learning, natural language processing and robotics, will have very deep implications in business strategies in each and every sector of the economy and, overall, also in the society we live in."
The need arises for a new profile of professionals from new business models that will require a different way of doing things and approaching the client. In order to meet the needs of those companies seeking to differentiate themselves, investment in this type of technology will set the pace of organizations' success, as was the case with digital transformation, and those who fail to adapt will be left behind.
Contrary to the widespread fear that it will eliminate many of today's jobs, Artificial Intelligence will complement and reinforce workers. The collective intelligence of people and machines working together will help us solve business problems and problems in many other areas that, until recently, were considered unsolvable. And, within this new context, leaders will be required to develop and foster new profiles and skills," points out Jesús Arévalo.
The entire article in its original Spanish can be found here.