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Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Rocket-Powered Data Science

Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. I suggest that the simplest business strategy starts with answering three basic questions: What? That is: (1) What is it you want to do and where does it fit within the context of your organization?

Strategy 289
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How to build a successful product development strategy

IBM Big Data Hub

A finely tuned product development strategy is a holistic, cross-collaborative endeavor with the capacity to help any organization weather unforeseen events or market changes. Why is a strong product development strategy important? Consumers have access to more information than ever to compare products and brands.

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How to build a successful procurement strategy

IBM Big Data Hub

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. A procurement strategy is not merely a series of steps for acquiring goods and services. What is a procurement strategy?

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How to build a successful employee experience strategy

IBM Big Data Hub

Ever since the pandemic changed the corporate world, organizations have rededicated themselves to excelling at employee experience strategy. Five ways to improve your employee experience strategy Focusing on providing a positive employee experience is the first responsibility. But empathy cannot be faked or applied in half measures.

Strategy 107
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How to build a successful talent management strategy

IBM Big Data Hub

An organization is only as strong as its talent pool, so organizations have increasingly embraced talent management as a core component of their overarching strategy. Demonstrate a strong approach during recruitment and onboarding Talent management strategies begin before an organization ever hires someone.

Strategy 108
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Is there a “right” cloud strategy for banking?

IBM Big Data Hub

The following five takeaways are insights that we have gleaned from our extensive customer engagements, global regulatory outreach program and the industry contributions of the IBM Financial Services Cloud Council: Allow your digital transformation ambitions (not your fears) to drive your cloud strategy. appeared first on IBM Blog.

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How to build a successful risk mitigation strategy

IBM Big Data Hub

The only way for effective risk reduction is for an organization to use a step-by-step risk mitigation strategy to sort and manage risk, ensuring the organization has a business continuity plan in place for unexpected events. Building a strong risk mitigation strategy can set up an organization to have a strong response in the face of risk.

Risk 74