To help practitioners answer this question, Prof. Dr. @Thomas Hutzschenreuter and Doctoral Candidate @Tim Lämmermann from the Chair of Strategic and International Management created multiple hands-on frameworks within their recent @Academy of Management Perspectives article.
Overall, this paper is a systematic guide on how to create fitting AI business strategies with respect to the inherent technological characteristics of machine learning. While it provides many real-world strategy examples, the given frameworks can be directly applied by corporations, business consultants, and within the executive classroom.
The paper is also featured in the Academy of Management Insights journal which only highlights outstanding research results.
Enjoy reading and we would be happy to discuss with you how AI is shaping your business!
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