"The companies that survive the next decade will not be those with the best algorithms or the most data. They will be those that have the courage to abandon how decisions get made."
"While most leaders probably agree that their organizations will need to adapt, too few are willing to admit that this will require them to abandon one of the most pervasive management principles of the past half-century: decision-making by consensus."
Organizations face a critical need to adapt to AI advancements, requiring a shift away from consensus-based decision-making. Leaders must recognize that survival in the coming decade depends not on superior algorithms or data, but on the willingness to change traditional management principles. Courage to abandon outdated decision-making processes is essential for companies to thrive amidst evolving industry landscapes influenced by AI and advanced computing.
Read at Harvard Business Review
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