How To Read Harvard Business Review (HBR)
I’m a fan of HBR. And, if you’ve been following me, you know I’m also a subscriber to the Economist (see below my video on “How To Read The Economist”).
When I read HBR (or anything other magazine or book for that matter), I follow 3 rules — which you can learn in this quick video. If you were to apply it to the below articles, here is what you would get:
Keep Your AI Projects on Track by Iavor Bojinov.
The piece is about solving for the failure rate for AI project (as high as 80% — almost TWICE the rate of corporate IT project failures).
The author observed that every AI project traverses 5 phases on their way to becoming a product: selection, development, evaluation, adoption, and management.
He notes that “AI doesn’t exist in isolation”, which means conflicts or issues that are not apparent during development, can occur. And he explains that “Failure in AI Product comes from lack of trust”.
Helping Employees Succeed with Generative AI by Paul Leonardi.
The Big IDEA is that Education in Gen AI is particularly hard, especially when technology in this field evolves faster than your ability to create and revise readiness programs.
Paul Leonardi of UC Santa Barbara came up with a 4-step method for dealing with that. He calls it STEP (Segmentation, Transition, Education & Performance).
A key insights is that “AI tools are constantly evolving and employees can’t learn new skills once and be done”. Over 3 years he worked with some of the companies for his research, they went through segmentation and transition an average of two and a half times.
Finally, another great article to read is How to Capitalize on Generative AI or how to realize Gen AI’s benefits while limiting its risks by Andrew McAfee, Daniel Rock, and Erik Brynjolfsson.
