Ivey Business Journal

If you are interested in AI, but worried about the risks to employment, there is a database worth looking at this Labour Day long weekend. The AI Risk Repository won’t alleviate your concerns, but it does provide an accessible overview of the whole the AI risk landscape, which can take your mind off the impact on jobs. More importantly, the database was made available by #MITFutureTech (https://lnkd.in/g5h_6qrR) to serve as a common frame of reference as society strives to address a wide range of potential threats, including rogue AI systems that develop the capacity to “cause mass harm through deception, weapons development and acquisition, persuasion and manipulation, political strategy, cyber-offense, AI development, situational awareness, and self-proliferation.” That, of course, is just one of hundreds of identified AI-related risks that have nothing to do with employment. Happy Labour Day weekend. https://airisk.mit.edu/ #AI #AIrisks #IBJrecommendations

The high-tech sector is transforming, which can be a really good thing for customers who understand what that means for client relationships. Read about why in “Getting the Most from Evolving High-tech Suppliers,” a new IBJ Insight from Accenture’s Deb Garand, Dr. Deepa Vivekanandan, and Matthew Haggerty. https://lnkd.in/g84vX45s #ManagingDisruption #Innovation #Technology #IBJInsights

Welcome Julian Birkinshaw!

Sharing some reflections on the Generative AI revolution and how Leaders need to respond. https://lnkd.in/eKwXzB8U

Nobody knows how artificial intelligence will impact society or the economy. But when it comes to the workplace, management decisions, not the technology or its vendors, will decide if the impact of AI is positive or negative. Read about why in “Leadership Imperatives in an AI World,” a new IBJ feature essay by London Business School professor and incoming Ivey Business School at Western University Dean Julian Birkinshaw. https://lnkd.in/gTcJGyeq #Leadership #ArtificialIntelligence #IBJFeatures

When it comes to designing and delivering quality education related to Diversity, Equity and Inclusion (DEI), there are no one-size-fits-all solutions. But there are useful practises offered by a working group created by the late Columbia Business School Professor Katherine W. Phillips. Through the leadership of professors Modupe Akinola (Columbia Business School), Heather Caruso (UCLA Anderson School of Management), Erin Kelly (MIT Sloan School of Management), Zoe Kinias (Ivey Business School at Western University), and Michael Norton (Harvard Business School), this group disseminates its insights via professional development workshops. In a new IBJ Insight entitled “Developing DEI Teaching Practices,” Rachel P. Farrell highlights key takeaways from the workshop organized also by Ayana Younge, Christopher Petsko, and Tianna Barnes for the 2023 Academy of Management (AOM) conference. https://lnkd.in/gqShEfRr #DiversityEquityInclusion #DEI #EquityDiversityInclusion #DEI #IBJ

#IBJrecommendations Warren Buffett isn’t the wealthiest person on the planet, unless you take into account his character. For an interesting read about what sets the Oracle of Omaha apart from his billionaire peers see “The One Reason Warren Buffett Isn’t The World’s Richest Person,” a Forbes feature by Chase Peterson-Withorn. https://lnkd.in/gecj-XdB

My most valuable leadership lesson came from the least expected of places: the deck of a 75-foot patrol vessel. During my time as staff officer at HMCS Cabot, a Canadian naval reserve division in my home province of Newfoundland and Labrador, one of my duties was to command the Patrol Boat Standoff in the mid-1980s. Originally a Royal Canadian Mounted Police vessel, the Standoff was transferred to the Canadian Navy and tasked with coastal defense and law enforcement. On August 28, 1986, I took the helm with a crew of 10. Despite my prior experience as first mate under a very experienced officer-in-charge, nothing prepared me for the curveballs that command would throw my way. As we sailed out of St. John’s, the mission quickly unraveled, putting my leadership skills to the test. In this Ivey Business Journal article, I share my many stories of failure and reflect on failure and the power of perseverance and resilience with my co-author Ken Nason. https://lnkd.in/gG3quwqe #leadershiplessons #leadership #leadershipdevelopment #failure

You can argue that failing isn't an option. But that mindset ignores reality, not to mention a powerful driver of executive development. Amongst other things, failure can teach persistence and resilience, which are table stakes for effective leadership in the Age of Disruption. Read about the benefits of embracing failure in "Failure Is an Option," a new IBJ feature by Dr. Glenn Rowe and Ken A. Nason. https://lnkd.in/gnsjVSTD #EnbracingFailure #Resilience #Persistence #IBJFeature #Leadership

Meeting the press is easy. Cleaning up the mess when an interview goes sideways is something else. The trick, according to Thomas Mustac, Senior Publicist and Crisis Communications Expert with Otter Public Relations, is simply being prepared for when media opportunities turn into a publicity crisis. Read his advice in the new IBJ Insight entitled “Learning from Kellogg’s 'Let Them Eat Flakes' Moment.” https://lnkd.in/gMukYeut #CrisisCommunications #PublicRelations #Marketing #IBJInsights