Generative AI and Multifactor Productivity in Business

Generative AI and Multifactor Productivity in Business

Author: Adedoyin, Festus Fatai

Publisher: IGI Global

Published: 2024-04-26

Total Pages: 302

ISBN-13:

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As organizations grapple with the challenges of a dynamic market, the integration of Artificial Intelligence (AI) emerges not only as a technological progression but a strategic necessity. The transformative potential of AI, particularly through OpenAI, holds the promise of redefining operational paradigms, accelerating innovation, and unlocking unprecedented growth opportunities. However, lurking beneath this promise are challenges that demand urgent attention – from tailoring relevance for specific business units to ethical and safe integration practices. The specifics of how OpenAI can amplify labor productivity and enhance decision-making processes remain elusive. Generative AI and Multifactor Productivity in Business offers a guide surrounding the complexities of OpenAI's role in business operations. It contends that understanding OpenAI is not just beneficial; it is essential for organizations seeking to navigate economic uncertainties and unlock high levels of efficiency and growth. The book delves into the effects of OpenAI on business, with a primary objective of illuminating the scholarly and practitioner-based contributions that push the boundaries of OpenAI in business research. This exploration encompasses applications of advanced generative AI tools, language models, and innovative technologies specific to diverse businesses across sectors, scales, and regions. It emphasizes that as AI becomes more seamlessly integrated into business processes, the potential for multifactor productivity to fuel economic growth, new industries, and job opportunities is unparalleled.


Holistic Approach to AI and Leadership

Holistic Approach to AI and Leadership

Author: Elsherif, Hesham Mohamed

Publisher: IGI Global

Published: 2024-06-06

Total Pages: 408

ISBN-13:

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In the current fast-paced digital era, incorporating Artificial Intelligence (AI) into leadership practices is a complex challenge. The ever-evolving technological landscape demands a new approach to leadership that embraces AI while upholding human-centric values. This convergence of AI and leadership necessitates innovative solutions to stay ahead in a competitive environment. The Holistic Approach to AI and Leadership offers more than just theory; it provides practical solutions for integrating AI into strategic vision. This comprehensive guide explores AI's impact on decision-making processes, training, and capacity building, addressing resistance and measuring ROI through real-world case studies and scenarios. Targeting a diverse audience, from top-tier executives and human resources professionals to AI developers and researchers, the book equips leaders with the knowledge to make informed decisions about AI integration. By emphasizing the enduring importance of human connection and ethical considerations, this approach ensures that technological advancements enhance, rather than overshadow, the human aspects of leadership, reshaping the modern management paradigm.


Revolutionary Automobile Production Systems for Optimal Quality, Efficiency, and Cost

Revolutionary Automobile Production Systems for Optimal Quality, Efficiency, and Cost

Author: Amasaka, Kakuro

Publisher: IGI Global

Published: 2024-05-13

Total Pages: 490

ISBN-13: 1668483033

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In today's fast-paced and competitive manufacturing landscape, industries worldwide face the pressing challenge of optimizing production processes to meet ever-growing demands for efficiency, quality, and sustainability. Traditional manufacturing systems often need help to meet these demands, leading to inefficiencies, quality issues, and increased costs. To address these challenges, there is a critical need for a comprehensive understanding of advanced production management principles, such as the Toyota Production System (TPS) and its evolution into the Advanced TPS. Revolutionary Automobile Production Systems for Optimal Quality, Efficiency, and Cost serves as a definitive guide for scholars seeking to understand and implement the principles of TPS and Advanced TPS in modern manufacturing management. By offering a deep dive into these systems' philosophy, theory, and practical applications, the book equips readers with the knowledge and tools needed to revolutionize their manufacturing processes. Whether you're a scholar looking to expand your knowledge or a practitioner seeking to enhance your organization's manufacturing capabilities, this book offers a compelling solution to modern manufacturing challenges.


Leadership Action and Intervention in Health, Business, Education, and Technology

Leadership Action and Intervention in Health, Business, Education, and Technology

Author: Burrell, Darrell Norman

Publisher: IGI Global

Published: 2024-06-17

Total Pages: 389

ISBN-13:

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In today's rapidly evolving landscape of healthcare, social sciences, and technology, the complexity of interconnected challenges often leaves scholars feeling adrift in a sea of disparate information. As disciplines become increasingly intertwined, navigating the nexus of these fields poses a significant obstacle for academic scholars seeking comprehensive understanding and innovative solutions. A cohesive resource that effectively bridges these divides is necessary to progress and hampers efforts to address pressing issues such as healthcare disparities, ethical dilemmas in technology, and social justice concerns. Leadership Action and Intervention in Health, Business, Education, and Technology is a meticulously crafted guide thorugh the murky waters of interdisciplinary study, offering a comprehensive exploration of the critical intersections between healthcare, social sciences, and technology. This book empowers academic scholars to transcend disciplinary boundaries, foster collaboration, and drive meaningful change in an increasingly interconnected world.


Eco-Innovation and Sustainable Development in Industry 5.0

Eco-Innovation and Sustainable Development in Industry 5.0

Author: Atiku, Sulaiman Olusegun

Publisher: IGI Global

Published: 2024-06-05

Total Pages: 396

ISBN-13:

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In the era of Industry 5.0, the world faces a critical juncture where technological advancement collides with escalating socio-environmental challenges. Climate change, energy consumption, and threats to public health are exacerbated by the rapid embrace of Industry 4.0 technologies. As businesses pursue efficiency, the compromise on human and social sustainability becomes inevitable. The need for a holistic approach to sustainable development is urgent, where economic growth aligns seamlessly with environmental, social, and human well-being. Eco-Innovation and Sustainable Development in Industry 5.0 serves as a guide in the pursuit of sustainable development within Industry 5.0. This book dissects the intricate challenges posed by socio-environmental issues and seamlessly offers a multidisciplinary approach to achieving sustainable development goals. The detrimental impact of Industry 4.0 on sustainable development necessitates the paradigm shift proposed within the book. Economic pursuits can no longer overshadow the crucial pillars of human, social, and environmental sustainability. The delicate balance required for a sustainable future is at risk, demanding a multidisciplinary approach to reconcile these seemingly conflicting objectives. This book is a call to action, to bridge the knowledge gap and provide tangible solutions for achieving sustainability in Industry 5.0.


Transformative Roles of Women in Public and Private Sectors

Transformative Roles of Women in Public and Private Sectors

Author: Al A'ali, Ebtihaj

Publisher: IGI Global

Published: 2024-06-21

Total Pages: 355

ISBN-13:

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Despite advancements in gender equality, women in business and public sectors still face unique challenges. Organizational uncertainty and societal expectations often hinder their professional growth and contributions. Traditional leadership models may not effectively accommodate women's approaches, leading to underrepresentation in decision-making roles and impacting organizational culture. Transformative Roles of Women in Public and Private Sectors provides a platform for academics, researchers, and practitioners to explore gender differences in leadership styles and women's impact on organizational development and culture. By presenting theoretical frameworks and real case studies, the book illuminates the transformative potential of women in leadership roles. It aims to enhance understanding of women's approaches and styles in professions, offering actionable insights for navigating the complexities of modern organizations.


Practical Approaches to Agile Project Management

Practical Approaches to Agile Project Management

Author: Misra, Sanjay

Publisher: IGI Global

Published: 2024-05-30

Total Pages: 490

ISBN-13:

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Amidst the relentless pace of the contemporary business landscape, information technology (IT) projects grapple with an escalating challenge — the need to deliver solutions swiftly, adapt to evolving customer demands, and create value within the ever-shifting dynamics of the market. In this demanding environment, the traditional project management paradigms often fall short, necessitating a shift towards methodologies that embody flexibility, customer collaboration, and iterative development. Herein lies the crux of the issue faced by modern IT projects. Practical Approaches to Agile Project Management is a guide in the tumult of IT project complexities. This book provides a comprehensive solution to the complexities of contemporary project management by delving into topics such as alternative pricing models and the alignment of organizational cultures in IT partnerships, making it an indispensable resource for professionals, academics, and students navigating the domains of business, information technology, or project management. Primarily aimed at IT professionals involved in project management and service delivery, this book caters to a broad spectrum of individuals, including IT Project Managers, Consultants, Entrepreneurs, and Executives at IT Service Firms. Additionally, it extends its value to Business Leaders undertaking IT-enabled transformations and Academic Researchers delving into the intersection of agile methodologies and IT service delivery. From prioritization strategies for IT Project Managers to frameworks for consultants, entrepreneurs, and executives, this book addresses the diverse needs of its readership, offering practical, evidence-based insights to optimize IT service delivery across various organizational contexts.


Utilizing Technology for Sustainable Resource Management Solutions

Utilizing Technology for Sustainable Resource Management Solutions

Author: Singh, Kuldeep

Publisher: IGI Global

Published: 2024-07-18

Total Pages: 401

ISBN-13:

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The intersection of technology and sustainability is with a particular focus on the concept of the circular economy. Efficient resource use and waste reduction are paramount concerns in today's world. Utilizing Technology for Sustainable Resource Management Solutions provides a comprehensive overview of how technology can be harnessed to achieve sustainable resource management within the framework of a circular economy. The book delves into various aspects of the circular economy. It explores the principles that underpin it, presents real-world case studies that exemplify its successful implementation, and discusses the role of cutting-edge technology, which is instrumental in driving transformative change. The book advances current research and examines the intricate link between technology and sustainability, centered around the circular economy. It propels readers into the heart of environmental sustainability, presenting a compelling argument for adopting circular economy principles to mitigate resource depletion and environmental degradation. Through insightful case studies and theoretical foundations, readers are empowered to drive environmentally responsible practices in their personal and professional spheres. This book helps business leaders to integrate circular economy principles, reduce waste, and drive innovation, fostering long-term viability and competitiveness. Policymakers find a valuable resource for evidence-based insights into technology's role in sustainable resource management, aiding in developing regulations that balance economic growth with environmental stewardship. In academic and educational circles, the book has become an essential tool.


World Bank East Asia and Pacific Economic Update, October 2023

World Bank East Asia and Pacific Economic Update, October 2023

Author: World Bank

Publisher: World Bank Publications

Published: 2023-10

Total Pages: 130

ISBN-13: 1464820287

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Economic activity in much of developing East Asia and Pacific (EAP), other than several Pacific Island Countries, has recovered from the succession of shocks since 2020 but is now slowing down. Private consumption and the recovery of tourism had sustained growth in the region but is running out of steam. Slowing global growth is leading to a contraction in exports. Public investment and private investment also remain low in much of the region. Most governments in the region are projected to consolidate fiscally in 2023. The revival of growth in the region will depend crucially on the state of the services sectors. Even though manufacturing has powered EAP development, services already account for more than half of value added and employment. A digital revolution is leading to structural change within all services sectors, with the combination of new domestic platform-based services and more internationally tradable services boosting productivity. Harnessing the digital revolution for inclusive economic growth requires deeper services reforms.


Beyond Fintech

Beyond Fintech

Author: Bernardo Nicoletti

Publisher: Springer Nature

Published: 2022-04-11

Total Pages: 282

ISBN-13: 3030962172

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Enterprise management theories about the so-called bionic organization currently face a significant funding gap. Bionic theories have been mainly applied to enterprise lifecycle because of the presence of similarities between economic organizations and organisms. The digital transformation has offered advancements in the bionics research field which enable us to discuss bionic organizations for the first time as business realities in which humans and machines, especially robotic process automation systems and artificial intelligence tools, cooperate in executing operations. This book determines how a bionic organization can be defined and what are its fundamental elements in the case of banking. Specifically, it investigates the two pillars of bionic enterprise which are technology and humans, as well as the core objectives and outcomes. In order to provide an exhaustive overview, the book proposes a new conceptualization of the business model of a bionic organization on the basis of the Business Model Canvas framework. Ultimately, the study of bionic organizations is aimed to discover also how they evolved in the post pandemic phase as a result of the disruptive events generated by the spread of the pandemic. The research on the book has been conducted through a qualitative and descriptive methodology with the intent to build further knowledge about the topic starting from the information available in literature. To provide actual evidence of the reality of bionic financial services, the book includes case studies. The organizations observed in the study have been selected since they present some of the key traits identified by the bionic enterprise theory. The book demonstrates that bionic enterprise theory can be further enriched with the conceptualization of a bionic business model in which the paradigm of collaboration between humans and machines is a recurring element.