What Rising of Artificial Intelligence Brings to the Leaders
by Mashum Mollah Business Intelligence 20 November 2020
The UAE is always on the frontline of embracing new technology and innovations, especially in the field of AI and automation. Artificial Intelligence is transforming many sectors. The Vice President and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum launched the first AI strategy in the UAE.
The Artificial Intelligence drive will impact all sectors, infrastructure, and services in the future. The government seeks to use all tools and strategies associated with Artificial Intelligence to accelerate and ensure more productivity for government services at all levels. As the government seeks to embrace Artificial Intelligence such as government software systems, businesses and corporations have not been left behind.
Artificial Intelligence at the Workplace
Many people are skeptical of the benefits of incorporating Artificial Intelligence at the workplace because they believe it is a means of replacing humans. However, AI does the opposite; it acts as a supporting tool.
Although AI is at the initial stages and experiences challenges completing simple tasks in the real world, it is more proficient at processing and decoding chunks of data than the human brain. Artificial Intelligence can be introduced at the workplace to simplify the decision-making process.
Artificial Intelligence acts independently and makes decisions even those not predicted by programmers. Unlike traditional software, AI has a wider scope of decision-making ability. This makes Artificial Intelligence valuable in many sectors whether used to perform simple or complex tasks. AI is also crucial when looking to improve your cybersecurity.
Impacts of Artificial Intelligence on Leadership
Artificial Intelligence can be incorporated in many industries and it’s not here to replace humans in the workforce. AI will transform leadership in various ways including;
1. Smart Decision-Making
Change is inevitable and sometimes it can be overwhelming – that’s why you need to think ahead and plan for the future. Taking crucial steps like attending a leadership training Dubai program prepares you to transition to new systems and ways at the workplace.
More businesses are now using predictive analytics for better decision-making. These help a corporation to predict future trends and events by assessing historic datasets. This helps leaders to make informed decisions that benefit the company in the future.
AI is also associated with machine learning; each software, program, and application amasses insights from incoming data, adjusts trends, and starts to respond to new trends.
Successful leaders are always thinking ahead of others even when they have to deal with various issues. This leads to improvement in one area and neglect in another. AI, on the other hand, can assimilate a lot of data and it follows an algorithm that recommends the right action.
Executives can also benefit from leadership training Abu Dhabi lessons by learning how to incorporate new trends. Artificial Intelligence frees up most of your time; you have more freedom to focus on other strategies. A routine can be boring; however, incorporating AI is beneficial; these tasks can be automated to make work easier.
3. Talent Acquisition
Managers have been tasked with sourcing the best talents for a company; this can be challenging when many candidates fit the job description and you don’t know which to pick. You have to read a lot of resumes to select the perfect candidate.
Artificial Intelligence and automation take over by going through all the CVs and analyzing each candidate to choose the one who fits the company’s culture and has the right skills for the organization.
4. Easing Decision Fatigue
Did you know that you can suffer from decision fatigue? When you spend the whole day making various decisions you might end up picking the wrong choices.
An algorithm, on the other hand, cannot get tired or suffer any human emotions and predicaments. It can make an unlimited number of decisions accurately. As a result, leaders can make better decisions through machine learning and Artificial Intelligence.
5. Eliminating Bias
No matter how much we try, human beings are always going to be biased. Artificial Intelligence, on the other hand, works without bias. It’s not prone to unconscious bias and only works with data analysis. Artificial Intelligence helps to tackle issues that were delayed because of unconscious bias; this quickens the decision-making process.
6. New Skill Sets
As Artificial Intelligence becomes a part of the workplace, leaders will focus on soft skills. Employees will need more soft skills like creativity, communication, sensitivity, empathy, etc. Firms will also need to harmonize the human and Artificial Intelligence workforce.
Since AI is not here to replace human workers, you need to preserve the human aspect of the organization in an automated environment. Your company will fail if you pay too much attention to AI and neglect the human part.
Most people have their doubts about Artificial Intelligence because they believe it is here to replace human workers. However, this is not true; AI has been incorporated in many industries to streamline everyday tasks. Artificial Intelligence will transform leadership and the workplace positively in the future.