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Why the Organisation of Tomorrow comes with Great Responsibility?
The organisation of tomorrow will be built around data using emerging technologies. Big data analytics empowers consumers and employees. This will result in real-time decision making and a better understanding of the changing environment. Blockchain enables peer-to-peer collaboration and trustless interactions governed by cryptography and smart contracts. Meanwhile, artificial intelligence allows for new and different levels of intensity and involvement among human and artificial actors.
When big data analytics, blockchain and AI are combined, it will change collaboration among individuals, organisations and things. When implemented correctly, these technologies can significantly improve consumer engagement, increase transparency, reduce costs and improve production efficiency or service delivery. Organisations can now leverage data and embed learning in every process. As such, data-driven organisations will experience great opportunities to deliver personalised products and services and remain competitive.
However, with great opportunities come great responsibilities. The organisation of tomorrow should be aware that there should be a balance among the technology used, the data analysed, the products created, the impact on the environment and the profit pursued. Without such balance, relentlessly pursuing…
