WEBVTT 1 00:00:00.690 --> 00:00:03.990 To implement high-impact generative AI use cases, 2 00:00:03.990 --> 00:00:07.350 CEOs need to keep people 3 00:00:07.350 --> 00:00:11.130 at the core of their implementation project 4 00:00:11.130 --> 00:00:14.940 and act now to create a strategic workforce plan, 5 00:00:14.940 --> 00:00:16.980 review their operating model, 6 00:00:16.980 --> 00:00:20.460 and embark their employees onto this exciting, 7 00:00:20.460 --> 00:00:22.290 transformational journey. 8 00:00:22.290 --> 00:00:25.590 With HR, CEOs need to develop strategic workforce plans 9 00:00:25.590 --> 00:00:27.090 to build a workforce 10 00:00:27.090 --> 00:00:30.240 that will be competitive 10 years from now. 11 00:00:30.240 --> 00:00:33.840 And therefore, these plans should anticipate the talent 12 00:00:33.840 --> 00:00:36.300 and skills needed for the workforce 13 00:00:36.300 --> 00:00:39.180 to adopt generative AI 14 00:00:39.180 --> 00:00:42.900 and determine how to develop this workforce 15 00:00:42.900 --> 00:00:47.580 through upskilling, reskilling, or attracting new talents. 16 00:00:47.580 --> 00:00:49.560 Through generative AI's ability 17 00:00:49.560 --> 00:00:52.230 to create first-draft content, 18 00:00:52.230 --> 00:00:56.520 individuals will spend less time on creating content 19 00:00:56.520 --> 00:01:00.090 and will have more time for other activities. 20 00:01:00.090 --> 00:01:02.940 For example, marketing teams 21 00:01:02.940 --> 00:01:06.000 can spend more time building relationships 22 00:01:06.000 --> 00:01:08.100 and creating brand strategies. 23 00:01:08.100 --> 00:01:10.980 Managers will also need to know how 24 00:01:10.980 --> 00:01:14.430 to lead an AI-augmented workforce. 25 00:01:14.430 --> 00:01:17.460 CEOs also need to review their operating models, 26 00:01:17.460 --> 00:01:19.710 specifically identifying 27 00:01:19.710 --> 00:01:23.610 where the most important AI models should sit. 28 00:01:23.610 --> 00:01:28.440 Should they be managed centrally or in each department? 29 00:01:28.440 --> 00:01:30.690 We believe platform models 30 00:01:30.690 --> 00:01:34.230 with centralized data management have proven 31 00:01:34.230 --> 00:01:39.060 to be the most efficient for bionic organizations 32 00:01:39.060 --> 00:01:42.180 where humans and AI work together. 33 00:01:42.180 --> 00:01:46.860 And platform models have been shown to reduce data silos 34 00:01:46.860 --> 00:01:49.473 and encourage cross-functional collaboration. 35 00:01:51.300 --> 00:01:56.280 However, it is very important for CEOs to understand 36 00:01:56.280 --> 00:02:00.450 that they won't be able to implement generative AI 37 00:02:00.450 --> 00:02:03.003 without the full endorsement of their teams. 38 00:02:03.840 --> 00:02:07.380 Even when implementing traditional AI, 39 00:02:07.380 --> 00:02:10.200 companies are six times more likely 40 00:02:10.200 --> 00:02:12.570 to achieve significant financial benefits 41 00:02:12.570 --> 00:02:17.570 when their employees personally get value from AI. 42 00:02:17.730 --> 00:02:20.040 As individuals are experimenting, 43 00:02:20.040 --> 00:02:21.870 we are seeing a range of reactions 44 00:02:21.870 --> 00:02:26.347 from "This makes my job so much easier and fun!" to 45 00:02:26.347 --> 00:02:28.350 "This can do my job better than me. 46 00:02:28.350 --> 00:02:30.120 Will I be replaced?" 47 00:02:30.120 --> 00:02:34.680 So CEOs need to take all reactions into account 48 00:02:34.680 --> 00:02:37.530 when creating a change management plan 49 00:02:37.530 --> 00:02:42.530 to cultivate a culture that embraces AI like a coworker. 50 00:02:42.943 --> 00:02:45.443 (light music)