Our recent executive roundtable 'Beyond Digital: Future of Enterprise Transformation' featured spirited perspectives from Financial Services leaders on the front-lines of transformation. Here are the top 5 takeaways from the group on the future GenAI landscape: 1. AI is the Future: Broad consensus that GenAI is the next big thing driving enterprise transformation in Financial Services; fundamental break from prior generations like ML/RPA 2. Governance is Essential: Think of it as needing a "traffic cop" to manage wide variety of emerging use cases effectively 3. New Structures Needed: New roles, organization, and policies are needed for GenAI, especially concerning third-party risk 4. Talent Gap: The biggest gaps are in critical thinking, understanding the big picture, and adopting an architectural perspective 5. GenAI as a "Baby Tiger": GenAI is currently manageable but has the potential to become powerful and challenging to control #Transformation #AI #Governance #Innovation #GenAI Thank you all for your valuable insights! Stephanie Woerner, Agustin Stengel, Lynne Smith, Greg Baxter, Ellyn Charters Zarracina, Dylan Jaffee, John Napoli, Cristina - Victoria Gaginsky, Maria Debora Ridner, John Boochever, Elisabeth Marshall, PMP, Patrick Leonard, Michele Hoffman
Thank you for an insightful conversation and night! And it is always compelling to hear from Stephanie Woerner! I look forward to continuing the discussion with this applied community.
It was an excellent discussion! Thank you John for hosting and Stephanie Woerner, for facilitating a very thought-provoking and informative session.
at MIT Center for Information Systems Research (CISR)
2moReally nice summary. I really learned a lot from the discussion!