The year 1995, which marked the advent of the Internet and enabled digital communications is said to have ushered in the ‘new economy’. Over two decades later, this disruption has brought about a number of lasting changes in economic terms as well as management approaches towards communications and business problem-solving.
The Industrial Revolution, sometimes referred to as the ‘First Machine Age’, enabled humans to overcome the limitations of their own muscle power. Increasingly, humans became complements to the machines in churning out a product. The Second Machine Age, which we are experiencing right now, has brought about major disruptions in businesses by introducing cognitive technologies which complement the mental faculties and existing capabilities of professionals and managers.
As existing processes and tasks get taken over by algorithms, software programs and robots, managers and professionals at various levels, including those in the C-Suite, need to relearn and work out the new reasons for their existence in the organization and the various ways in which they can complement these disruptive technologies which have come in, add value and remain relevant. They also need to understand the tasks that these cognitive technologies can take over and do well. For the benefit of the organization as well as for their own good, they must quickly come to understand and appreciate how they can treat these ‘Intelligent Machines’ as colleagues and draw on their capabilities and expertise rather than treat them as competitors and potential threats to their own continuance in the organization.
Management in the second machine age differs, in several ways, from classical management across various functional areas and business domains. This course is fairly unique in helping to understand the functioning of cognitive technologies and the new management concepts and practices which complement the disruptive influence of these tools and technologies.
|Course Date||Venue||Course Fee/pax|
|September 7 – 8, 2017||Singapore||$1050|
Key Takeaways for Participants
1. Learn about the changing Management concepts & practices with the adoption
of disruptive technologies like AI and Analytics, in organizations.
2. Learn about how best to leverage these technologies to achieve overarching
objectives and how to move on to new tasks and processes which complement
existing tasks now being done by these technologies, through use cases.
3. Understand what these technologies can and can’t do well and thus how to
move up the value chain and remain relevant in the organization.