Search engine for discovering works of Art, research articles, and books related to Art and Culture
ShareThis
Javascript must be enabled to continue!

LEVERAGING GENERATIVE AI: STRATEGIC ADOPTION PATTERNS FOR ENTERPRISES

View through CrossRef
Intelligence (AI) is a rapidly evolving subset of AI technologies that involves creating new content, such as text, images, and audio, using algorithms trained on large datasets. Well-known examples of generative AI technologies include Generative Adversarial Networks (GANs) and Generative Pre-trained Transformers (GPT). These innovations are increasingly being integrated into various business applications, from automating content creation and enhancing customer interactions to driving product development and innovation. The importance of generative AI in a business context lies in its potential to augment human creativity, improve operational efficiency, and unlock new business opportunities, making it a critical tool for enterprises aiming to maintain a competitive edge in the digital age. Despite its transformational potential, the implementation of generative AI in businesses faces significant challenges. High implementation costs, the complexity of integrating AI systems into existing infrastructures, a shortage of skilled specialists, and ethical issues related to data privacy and AI-generated content are among the primary obstacles. Additionally, businesses often struggle to align AI initiatives with their strategic goals and ensure that AI outputs meet high standards of quality and compliance. These barriers complicate the large-scale and effective adoption of generative AI, limiting its potential to revolutionize business operations and innovation. The research encompasses a comprehensive review of existing literature, analysis of real-world cases, and synthesis of best practices in the strategic implementation of generative AI. It explores strategic models for the deployment of generative AI in enterprises, identifies key drivers and barriers to its adoption in business environments, and examines the strategic approaches businesses use to integrate generative AI into their operations. Insights and recommendations are provided for enterprises considering the adoption of generative AI technologies. The importance of the research lies in its potential to help businesses overcome implementation challenges and maximize the benefits of generative AI. Understanding strategic models and approaches to AI integration will enable businesses to better navigate the complexities of AI deployment, enhance their innovative capabilities, and ensure sustainable growth in an increasingly competitive market. The conclusions drawn from the research aim to bridge the gap between theoretical insights and practical applications of generative AI, providing a valuable resource for business leaders, technology strategists, and policymakers seeking to leverage AI for competitive advantage.
Elsevier BV
Title: LEVERAGING GENERATIVE AI: STRATEGIC ADOPTION PATTERNS FOR ENTERPRISES
Description:
Intelligence (AI) is a rapidly evolving subset of AI technologies that involves creating new content, such as text, images, and audio, using algorithms trained on large datasets.
Well-known examples of generative AI technologies include Generative Adversarial Networks (GANs) and Generative Pre-trained Transformers (GPT).
These innovations are increasingly being integrated into various business applications, from automating content creation and enhancing customer interactions to driving product development and innovation.
The importance of generative AI in a business context lies in its potential to augment human creativity, improve operational efficiency, and unlock new business opportunities, making it a critical tool for enterprises aiming to maintain a competitive edge in the digital age.
Despite its transformational potential, the implementation of generative AI in businesses faces significant challenges.
High implementation costs, the complexity of integrating AI systems into existing infrastructures, a shortage of skilled specialists, and ethical issues related to data privacy and AI-generated content are among the primary obstacles.
Additionally, businesses often struggle to align AI initiatives with their strategic goals and ensure that AI outputs meet high standards of quality and compliance.
These barriers complicate the large-scale and effective adoption of generative AI, limiting its potential to revolutionize business operations and innovation.
The research encompasses a comprehensive review of existing literature, analysis of real-world cases, and synthesis of best practices in the strategic implementation of generative AI.
It explores strategic models for the deployment of generative AI in enterprises, identifies key drivers and barriers to its adoption in business environments, and examines the strategic approaches businesses use to integrate generative AI into their operations.
Insights and recommendations are provided for enterprises considering the adoption of generative AI technologies.
The importance of the research lies in its potential to help businesses overcome implementation challenges and maximize the benefits of generative AI.
Understanding strategic models and approaches to AI integration will enable businesses to better navigate the complexities of AI deployment, enhance their innovative capabilities, and ensure sustainable growth in an increasingly competitive market.
The conclusions drawn from the research aim to bridge the gap between theoretical insights and practical applications of generative AI, providing a valuable resource for business leaders, technology strategists, and policymakers seeking to leverage AI for competitive advantage.

Related Results

Mobile Money Adoption and Performance of Informal Family Enterprises During COVID-19 Lockdown in Ekiti State, Nigeria
Mobile Money Adoption and Performance of Informal Family Enterprises During COVID-19 Lockdown in Ekiti State, Nigeria
The study was carried out on family enterprises in Ekiti state during COVID-19 Lockdown: to identify socio-economic characteristics of the family enterprises; to determine the type...
Strategizing y liderazgo
Strategizing y liderazgo
El desarrollo del strategizing, concepto introducido por Whittington (1996) que enfoca la estrategia en la práctica “cómo algo que las personas hacen”, surgió por la creciente insa...
METHODOLOGY OF CREATING STRATEGIC AND INVESTMENT PLANS FOR THE DEVELOPMENT OF EDUCATIONAL INSTITUTIONS
METHODOLOGY OF CREATING STRATEGIC AND INVESTMENT PLANS FOR THE DEVELOPMENT OF EDUCATIONAL INSTITUTIONS
Abstract. The purpose of the article is to substantiate the principles and present the author’s methodology for creating strategic and investment plans for the development of educa...
The Impact of Corporate Entrepreneurship on the Business Performance of Small and Medium Enterprises: A Case Study in Vietnam
The Impact of Corporate Entrepreneurship on the Business Performance of Small and Medium Enterprises: A Case Study in Vietnam
In recent years, the global economy has declined, Vietnam’s economy has still made strong developments, the GDP growth rate has always reached a high level (6-7%/year). In that gen...
Factors Influencing the Implementation of Strategic Plans in Small Manufacturing Firms in Nairobi County
Factors Influencing the Implementation of Strategic Plans in Small Manufacturing Firms in Nairobi County
An organization’s ability to implement its strategy successfully is a result of its ability to overcome obstacles leading to poor strategy implementation. However, a myriad of fact...
Strategic Thinking's Relationship to Strategic Capabilities
Strategic Thinking's Relationship to Strategic Capabilities
This article examines the application of strategic thinking in the process of organizational strategic management, it comprises the formation and implementation of unique insights ...
The impact of attitude towards an e-tax system on tax compliance of Vietnamese enterprises: Adoption of an e-tax system as a mediator
The impact of attitude towards an e-tax system on tax compliance of Vietnamese enterprises: Adoption of an e-tax system as a mediator
PURPOSE: Tax compliance is a topic of concern for many scholars all over the world. Most of them point out factors affecting tax compliance, and one significant factor is the adopt...

Back to Top