Artificial Intelligence will without any doubt change the way we will do business in future. As a matter of fact, it is already changing many businesses that we are involved in today. But what is needed to make A.I. a valuable part of the way we do business ourselves? Many experts believe that successful Artificial Intelligence applications hinge on the so-called b-smact technologies (Blockchain, Social media, Mobile use, Analytics, Cloud and Things-on-the-internet or better known as IoT). The fuelling component of those technologies is Big Data.
This insight will require a whole new set of business skills. Understanding and working with new technologies for big data collection, analysis and prediction will not create only huge opportunities for business, but also ethical, legal, privacy and technical issues concerning every part of the organisation. It will influence customer relationships, redefines how firms develop new products and services, changes how operations are organised and managed, improves demand and supply networks, and provides the basis for new business models. It will demand a data driven focus of everyone involved.
Organisations transforming towards becoming data-driven are guided and supported by the eight-day ‘Leadership Challenges with Data Analytics’ programme at RSM Executive Education. It connects professionals in technical- and methodology-oriented data science with professionals engaged in business analytics, links them to best business practices, and actively involves senior executives. This programme has been developed and organised by the Erasmus Centre for Data Analytics with a wide range of partners from the industry.
The programme uses a holistic approach by participation in multi-disciplinary and multi-hierarchical teams from various industries and a learning-by-doing approach from peers and via coaching by top academics and business experts.
BLOCK 1: INTRODUCTION AND PREPARATION SESSION
Two days of preparation sessions, during which each participating company is expected to bring at least one case study to which the teams can apply the concepts they have learned. During this part of the programme, you will focus on the strategic importance of data-driven organisations, terminology, leadership challenges and readiness of companies, including their enterprise architecture and digitised platform. It includes case studies from other companies and short presentations from participating companies.
BLOCK 2: CORE PROGRAMME PART 1
Two days including one evening session during which you explore the basic technology challenges of a data-driven company; technologies for analysis, prediction and visualisation. The evening session will focus on exchanging information and insights between the participants including a get to know each other social event with an academic touch.
BLOCK 3: CORE PROGRAMME PART 2
Two days including one evening session during which you explore the basic management challenges of data-driven company; business cases, legal and privacy issues, change management and implementation. The evening session will focus on the company use case, consulting with both academic- and business coaches.
BLOCK 4: FINAL SESSION
Two days for fine tuning the gained knowledge and turn it into applicable wisdom. Discuss challenges you have experienced in transforming your business and the implementation of your proposals. In the afternoon of the second day each team’s case study results will be presented to an expert panel and discussed in the class.