The AI Revolution: Equipping Directors for the Future
The Artificial Intelligence (AI) revolution is here, and it’s rapidly transforming industries. As directors, it’s crucial to stay ahead of the curve and understand how AI can impact your organisation.
2 min readJun 15, 2024
This article, originally published in the April 2024 issue of Company Director magazine by the Australian Institute of Company Directors (AICD), explores the key takeaways from a recent event co-hosted by the AICD and Microsoft. The event featured Judson Althoff, Chief Commercial Officer at Microsoft, who shared valuable insights on AI and its implications for governance.
The Potential and Promise of AI
AI offers a wealth of opportunities for businesses. It can:
- Increase Speed and Efficiency: AI can automate tasks, streamline processes, and significantly enhance productivity.
- Improve Customer and Employee Experiences: AI can personalise customer interactions, enhance support services, and boost employee satisfaction.
- Drive Innovation: AI can be used to develop new products and services, fostering a culture of continuous improvement.