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What can organizations do to prepare to capture value from generative AI?

Only McKinsey Perspectives

DELIVERING ACTIONABLE INSIGHTS ON THE DAY’S NEWS

Brought to you by Alex Panas, global leader of industries, & Axel Karlsson, global leader of functional practices and growth platforms

Welcome to the latest edition of Only McKinsey Perspectives. We hope you find our insights useful. Let us know what you think at Alex_Panas@McKinsey.com and Axel_Karlsson@McKinsey.com.

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Generative AI in enterprises

In the news

•

Improving tech skills. As generative AI (gen AI) continues to make its way into the workplace, US states are offering workers opportunities to boost their tech skills, the Associated Press reveals. One state is developing an online platform that provides access to free AI courses that workers can complete to gain skills and earn certifications. In addition to showing people how to work alongside gen AI, organizations should teach employees the skills that it doesn’t perform as well, such as empathy and complex problem solving, a law professor suggests. [AP]

•

Automating with AI. US businesses are increasingly seeking to automate job duties through AI, according to a survey of CFOs relayed in Fortune. In the next 12 months, six in ten companies intend to adopt computer programs, equipment, and tech to automate tasks currently being performed by workers, finds the survey from Duke University’s Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta. Of those companies, more than half say they will use AI for automation. [Fortune]

Our survey indicates that the most useful enabler of future adoption is better integration of gen AI into existing systems, cited by 60% of respondents.

On McKinsey.com

•

Employee enthusiasm for gen AI. Despite all the buzz surrounding gen AI, most companies have yet to scratch the surface of its promise, McKinsey senior partners Charlotte Relyea and Dana Maor , partner Sandra Durth , and associate partner Jan Bouly share. Organizations have been slow to adopt gen AI in ways that could realize its trillion-dollar opportunity, even as employees’ use of the tech reaches an inflection point. About nine in ten workers are using gen AI for work, and the vast majority are enthusiastic about it, a new McKinsey Global Survey reveals.

•

Low organizational maturity. As high as employee use of gen AI is, organizational maturity with the tech is strikingly low: only 13% of respondents’ companies have implemented multiple use cases, the survey finds. With employees’ embrace of gen AI, companies can capitalize on the current momentum by addressing organizational barriers to adoption, which requires transforming company operations and preparing people for change. As companies move beyond experimenting with the tech, explore three steps to prepare for gen AI’s next inflection point.

Capture gen AI’s full potential

—Edited by Belinda Yu, editor, Atlanta

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by "Only McKinsey Perspectives" <publishing@email.mckinsey.com> - 01:44 - 19 Sep 2024

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Is IT Really Ready for AI?

Last Place

What can organizations do to prepare to capture value from generative AI?

Generative AI in enterprises

In the news

Our survey indicates that the most useful enabler of future adoption is better integration of gen AI into existing systems, cited by 60% of respondents.

On McKinsey.com

Archives

in

info@learn.odoo.com

Is IT Really Ready for AI?

Last Place

What can organizations do to prepare to capture value from generative AI?

Generative AI in enterprises﻿

In the news

﻿Our survey indicates that the most useful enabler of future adoption is better integration of gen AI into existing systems, cited by 60% of respondents.

On McKinsey.com

Generative AI in enterprises

Our survey indicates that the most useful enabler of future adoption is better integration of gen AI into existing systems, cited by 60% of respondents.