Human versus AI Deployment in the Strategy Process

LLMs can aid in strategic planning and change management by generating ideas and offering information, yet they fall short due to a lack of contextual insight,critical thinking, real-time data, and concerns about ethics. These limitations hinder their ability to foresee future events or grasp long-term impacts. Outputs are only as good as the inputs they receive, rendering LLMs best for auxiliary tasks rather than a substitute for human expertise.

CriteriaAdvantageDisadvantages
HumanIntuition and ExperienceSubjectivity and Bias
Creativity and InnovationLimited data processing capacity
Emotional IntelligenceFatigue and susceptibility to error
Flexibility and AdaptabilitySlower decision-making
AIData analysis and pattern recognitionHigh costs
Efficiency and SpeedComplexity of integration
Prediction and ForecastsDependence on data quality
PersonalizationEthics and data protection
Risk minimizationJob loss
Advantages and disadvantages of human and AI-supported decision-making processes

TCPROmotion enriches this technological utility with personal advisers skilled in navigating SMEs and Startups through digital transformation, combining technology with deep human insights for not just adaptation but sustainable leadership.

Draghi’s Report on Boosting European Competitiveness

Mario Draghi, former European Central Bank chief and Italian prime minister, released a major report on 9 September regarding the future of European competitiveness. In it, he pushes for a novel industrial strategy for Europe, advocating for significant investment levels and the introduction of new common debt mechanisms to bolster European industrial and defense capacities. The report, divided into two parts, stresses the EU’s lagging productivity growth and the growing GDP gap with the US, calling for substantial changes in innovation, energy policy, and geopolitical strategy.

Key recommendations include:

Accelerating innovation to bridge the widening tech gap with global leaders, noting that the EU’s share of global tech revenues has declined.

Addressing high energy costs while advancing decarbonisation and a circular economy, with calls for a joint decarbonisation and competitiveness plan.

Enhancing Europe’s security posture and reducing dependencies in a volatile geopolitical landscape.

To read Draghi’s full report on a competitiveness strategy for Europe, download it from the European Commission’s website: https://commission.europa.eu/topics/strengthening-european-competitiveness/eu-competitiveness-looking-ahead_en

Artificial Intelligence Index Report 2024

The HAI 2024 AI-Index-Report, arriving during a pivotal period, is the most in-depth examination of AI’s ever-growing influence on society.

Do you want to stay ahead in the ever-evolving world of Artificial Intelligence?

The HAI 2024 AI-Index-Report invites business leaders, innovators, policymakers, and curious minds to step into the forefront of AI advancements and trends. This comprehensive report is not just another document; it’s a guide to the complexities and achievements of current AI ecosystems.

This year’s edition is packed with insightful analyses, cutting-edge discoveries, and bold predictions for the future. Understand how AI is reshaping industries, from healthcare to finance, and the way we live. Discover the latest in AI ethics, policy implications, and the race for AI supremacy among leading nations. Get enlightened by the vibrant infographics and custom datasets that make intricate trends accessible and engaging.

Don’t miss out on the thought-provoking discussions about AI’s societal impacts, talent cultivation, and the barriers to innovation. The HAI 2024 AI-Index-Report is an indispensable resource for anyone invested in the trajectory of AI technology and its role in shaping tomorrow.

Learn, adapt, and be inspired – Download the full report https://aiindex.stanford.edu/report/ unlock the transformative power of AI!

Warmest Wishes for Christmas & A Prosperous New Year 2024

Dear Freinds, Partner and Colleagues

As 2023 concludes, let’s acknowledge the complexity we traversed. Global challenges from Geopolitical tensions have create economic uncertainty. Furthermore, the World Economic Forum has noted that energy issues and cyber security remain important areas of global governance amid challenges.

According to the WEF, geopolitical volatility, climate-induced disasters, and cybercrime will also be significant risks in 2024.

We are confident that we will overcome these challenges. We know that the world has been through tough times before and emerged stronger than ever.

As we approach 2024, let us hope for a world in which there is more peace and prosperity.

So, as Christmas permeates your hearts with joy, let the New Year fortify you with courage and hope. We all can contribute towards a world of unity, compassion and peace.

We appreciate your partnership and look forward to continuing our collaboration.

Merry Christmas and Happy New Year.

Looking forward to 2024.

Embracing Change

There are times when it seems that the world is too big and your company is too small.

Your vision is to expand into a new market, but it doesn’t seem like you’re ready to take the risk.

Maybe you’ve been selling your product for some time now, and you want to focus on reaching out to new customers. However, it doesn’t seem like sales operations management is prepared for this ambitious vision.

Upton Sinclair once wrote: „It is difficult to get a man to understand something when his salary depends on his not understanding it.“

Perhaps it’s not your team’s lack of confidence that holds you back, but rather the human tendency to remain within the comfort zone of what we know and fearfully resist change.

My work is focused on helping companies enter new markets. My experience and expertise ensure that we will work efficiently.

Together, we can create a plan that will help your company reach new heights.