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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? Those F’s are: Fragility, Friction, and FUD (Fear, Uncertainty, Doubt).

Strategy 289
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Building Tax Planning into Enterprise Risk Management Strategies

Jet Global

Tax planning is playing an increasingly important part in corporates’ enterprise resource management (ERM) strategies, driven by the many uncertainties created by political, economic, and pandemic-related trends. Take Responsibility for Risk Oversight. Engage in Risk-Monitoring Activities on a Regular and Systematic Basis.

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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

As a result, they will need to invest in data analytics tools to sustain a competitive edge in the face of growing economic uncertainty. Big data technology can significantly improve the company’s pricing strategy. They should utilize the abovementioned big data strategies to build their brands and maintain profitability.

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Regulatory uncertainty overshadows gen AI despite pace of adoption

CIO Business Intelligence

Gen AI has the potential to magnify existing risks around data privacy laws that govern how sensitive data is collected, used, shared, and stored. We’re getting bombarded with questions and inquiries from clients and potential clients about the risks of AI.” The risk is too high.” Not without warning signs, however.

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Is there a “right” cloud strategy for banking?

IBM Big Data Hub

As public cloud technology and hybrid multicloud architectures are being adopted in financial institutions at an increasing rate, we’re observing that their counterparts in the public sector— central banks—are a long way behind, due at least in part to a profoundly risk-averse approach.

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What your CFO really needs in periods of economic uncertainty

CIO Business Intelligence

The pressure is on to navigate economic uncertainty. Solicit input from trusted deputies and document the risks and implications of specific line items. Gartner’s downward revision of projected worldwide IT spending in 2023 from 5.1% To get here, we recommend inventorying spend across all categories (labor, projects, technology, etc.)

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20 issues shaping generative AI strategies today

CIO Business Intelligence

They note, too, that CIOs — being top technologists within their organizations — will be running point on those concerns as companies establish their gen AI strategies. Here’s a rundown of the top 20 issues shaping gen AI strategies today. says CIOs should apply agile processes to their gen AI strategy. It’s not a hammer.