Founder- CEO @ Inception Retail Group | Sr. Executive/Board Advisor | Keynote Speaker | Defining The AI In Retail | Author
From Search Engine to Answer Engine. This shift is an important event. One of my biggest lessons through my experiences and study of failed businesses and their leaders. Many got caught being complacent, resting on past successes and beliefs that they had time or that there was nothing to worry about. This shift is just one of many that are taking place under the hood, if you will. The world is changing faster with the implications of AI than most leaders can keep up with or are willing to admit. AI isn’t just automating tasks—it’s redefining industries, reshaping customer expectations, and rewriting competition rules. I also believe that AI will further shake up marketing and advertising and likely even what’s taught in schools. Campaigns and messaging will be instant creatives targeting individuals. Humans can’t do what a machine can. The question isn’t whether your career or business will be impacted—it’s how you’ll adapt to stay relevant and thrive. I wrote my new book for CEOs, Executives at all levels, Entrepreneurs, and Business Owners who are not complacent. “Predictive Leadership: How Humans and AI Will Transform Organizations, Innovation, and Competition.” This isn’t just a book—it’s your playbook for navigating the most profound shift since the first four Industrial Revolutions. Available December 10th (Amazon and participating book stores.) #retailing #strategy #CEO #Technology #Management #marketing WSJ article. https://lnkd.in/gyJ-iRV9
As per usual, very thought provoking. I've been think about the 'why' behind this complacency for some time. Removing from consideration leaders who are not up to par, and businesses already in distress/under resourced, what else might be happening? I keep circling back on the idea of shared goals - and shared timelines. I think the moment an owner has a short term overall goal for the business (say wanting to exit), there is no room for a CEO to focus on the longer term. Conversely, the moment a CEO thinks the present role is but a stop on a longer journey, they will be tempted to make choices to boost their short-term standing on their CV, which might come at the expense of the long run. We see exec tenure has been shrinking markedly over the past 10 years. The solution is to ensure transparency and alignment of objectives and to include explicit time horizons. Is that possible? I'm not so sure. All food for thought....
Business Development Consultant, Increasing FDC Pack Station Efficiency by +2X, Ask Me How!
2wOne example George, was a paper written a few years ago by two members of the Deloitte team (sorry I don't remember their names at this time) wrote about how Fast Follow was a passe type of business strategy and if you don't collect and utilize your own data, you won't last. If data is the driver, then using other's data makes you a passenger.