Should AI Data Analytics Sideline Humans in Strategic Decision-Making? AI in Strategic Decision-Making
Source: akriviahcm.com For decades, successful business leadership has relied on data, and as a whole, decisions based on data have been proven to drive superior results. Recently, AI in strategic decision-making has been changing the dynamics – first by collecting more data, then by delivering richer insights in a more timely way. And now that executives trust it more and more , AI is beginning to directly manage strategic decision-making. Traditionally, the decisions themselves were seen as too important to be left to machines, yet a recent study from Oracle reveals that decision-makers are struggling with overwhelm. Decision distress, meaning regretting or questioning a decision you’ve made, has affected 85% of business leaders in the past year, and 74% say that the number of decisions they need to make daily has grown tenfold over just the past three years. It’s not that they don’t have data. In fact, 70% say that there have been time...