Inside the Strategy Room
187. Driving innovation with generative AI
Dec 8, 2023
Join Laura LaBerge and Matt Banholzer as they discuss driving innovation with generative AI. They explore the definition of innovation and its various forms, the role of generative AI in accelerating product launches and R&D, and how companies are leveraging it to streamline processes and improve efficiency. They also tackle the impact of regulations on generative AI, the challenges organizations face when investing in technology, and strategies to overcome them. Don't miss their insights on fostering innovation in businesses!
42:51
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Quick takeaways
- Innovation is crucial for companies to grow and thrive, and a strong innovation culture is key to unlocking the potential of Gen AI.
- Gen AI can drive and support innovation by providing new solutions, enhancing customer experiences, and accelerating R&D processes.
Deep dives
The importance of innovation and growth in the new world
Innovation is crucial for companies to grow and thrive in the ever-changing world. The leading companies focus on innovating within their core offerings, exploring different parts of the value chain, and even building new businesses entirely. Finding new sources of growth is important, especially in an era of uncertainty. It is essential for companies to have a strong innovation culture that promotes best-in-class speed and drives outperformance.
