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Sage business thinkers have long espoused the value of being data-centric. Data-centric organizations demonstrate better decision making, improved customer experience, and enhanced operational efficiency. Data-centric enterprises also stand to see higher returns with AI. In Marco Iansiti and Karim Lakhani’s book, “Competing on AI,” they argue that artificial intelligence is reinventing “the modern firm where processes are digitized and enabled by an AI factory that treats decision making as an industrial process.” The aim, they say, is an “AI factory which creates a virtuous cycle between user engagement, data collection, algorithm design, and improvement.” In this way, data is core to the future of business. ....
The Harvard Business School Faculty Summer Reader 2021 The Harvard Business School Faculty Summer Reader 2021 by Kathryn Haviland 30 Jun 2021|by Kathryn Haviland Looking for your next beach read? HBS faculty members share their summer reading lists, pulling from the worlds of technology, history, and science fiction. Julia Austin: Social justice and the Obamas I recently read When They Call You a Terrorist, a deeply powerful memoir by Patrisse Cullors, the founder of the Black Lives Matter movement. Cullors shares her incredible journey from childhood to adulthood as a Black queer woman in LA. It is an emotional, yet insightful book worth reading. My college freshman shared her copy of the book with me after she raved about it and we both continue to reflect on key learnings. I swiftly followed this book with ....