Latest news with #boardrooms


Forbes
2 days ago
- Business
- Forbes
The AI Paradox: When More AI Means Less Impact
Young business man with his face passing through the screen of a laptop on binary code background AI is in the news every day. On the one hand, this highlights the vertiginous speed at which the field is developing. On the other, it creates a sense saturation and angst that makes business organizations either drop the subject altogether or go at it full throttle without much discernment. Both approaches will lead to major misses in the inevitable AI-fication of business. In this article, I'll explore what happens when a business goes down the AI rabbit hole without a clear business objective and a solid grasp of the available alternatives. If you have attended any AI conference lately, chances are that, by the end, you thought your business was dangerously behind. Many of these events, even if not on purpose, can leave you with the feeling that you need to deploy AI everywhere and automate everything to catch up. If you've succumbed to this temptation, you most likely found out that is not the right move. Two years into the generative AI revolution, a counterintuitive truth is emerging from boardrooms to factory floors. Companies pursuing 100% AI automation are often seeing diminished returns, while those treating AI as one element in a broader, human-centered workflow are capturing both cost savings and competitive advantages. The obvious truth is already revealing itself: AI is just one more technology at our disposal, and just like every other new technology, everyone is trying to gain first-move advantage, which inevitably creates chaos. Those who see through and beyond said chaos are building the foundations of a successful AI-assisted business. The numbers tell a story that contradicts the automation evangelists. Three in four workers say AI tools have decreased their productivity and added to their workload, according to a recent UpWork survey of 2,500 respondents across four countries. Workers report spending more time reviewing AI-generated content and learning tool complexities than the time these tools supposedly save. Even more revealing: while 85% of company leaders are pushing workers to use AI, nearly half of employees using AI admitted they have no idea how to achieve the productivity gains their employers expect. This disconnect isn't just corporate misalignment—it's a fundamental misunderstanding of how AI creates value. The companies winning the AI game aren't those deploying the most algorithms. They're the ones who understand that intelligent automation shouldn't rely on AI alone. Instead, successful organizations are orchestrating AI within broader process frameworks where human expertise guides strategic decisions while AI handles specific, well-defined tasks. A good AI strategy always revolves around domain experts, not the other way around. Consider how The New York Times approached AI integration. Rather than replacing journalists with AI, the newspaper introduced AI tools for editing copy, summarizing information, and generating promotional content, while maintaining strict guidelines that AI cannot draft full articles or significantly alter journalism. This measured approach preserves editorial integrity while amplifying human capabilities. AI should be integrated strategically and operationally into entire processes, not deployed as isolated solutions to be indiscriminately exploited hoping for magic. Research shows that 60% of business and IT leaders use over 26 systems in their automation efforts, and 42% cite lack of integration as a major digital transformation hurdle. The most effective AI implementations focus on task-specific applications rather than general automation. Task-specific models offer highly specialized solutions for targeted problems, making them more efficient and cost-effective than general-purpose alternatives. Harvard Business School research involving 750 Boston Consulting Group consultants revealed this precision matters enormously. While consultants using AI completed certain tasks 40% faster with higher quality, they were 19 percentage points less likely to produce correct answers on complex tasks requiring nuanced judgment. This 'jagged technological frontier' demands that organizations implement methodical test-and-learn approaches rather than wholesale AI adoption. Harvard Business Review research confirms that AI notoriously fails at capturing intangible human factors essential for real-world decision-making—ethical considerations, moral judgments, and contextual nuances that guide business success. The companies thriving in 2025 aren't choosing between humans and machines. They're building hybrid systems where AI automation is balanced with human interaction to maintain stakeholder trust and capture value that neither could achieve alone. The mantra, 'AI will replace your job,' seems to consistently reveal a timeless truth: everything that should be automated will be automated, not everything than can be automated will. The Path Forward The AI paradox isn't a failure of technology—it's a lesson in implementation strategy. Organizations that resist the allure of complete automation and instead focus on thoughtful integration, task-specific deployment, and human-AI collaboration aren't just avoiding the productivity trap. They're building sustainable competitive advantages that compound over time. The question isn't whether your organization should use AI. It's whether you'll fall into the 'more AI' trap or master the art of 'smarter AI'—where less automation actually delivers more impact.


Fast Company
2 days ago
- Business
- Fast Company
Leading for Change: Inside the Fight to Diversify the Boardroom with E.l.f. and Oberland
Moderated by Kc Ifeanyi, Executive Director of Editorial Programming, Fast Company E.l.f. Beauty conducted a study with brand agency Oberland and found that there are more men named Ricard, Rich, and Rick on public company boards in the U.S. than entire groups of underrepresented people. That discovery led to the 'So Many Dicks' campaign that's just part of an overarching initiative to double the rate of women and people of color added to boards by 2027. Hear from Laurie Lam, chief brand officer at E.l.f., and Kate Charles, chief strategy officer at Oberland, on how they're getting it done.


Bloomberg
09-05-2025
- Business
- Bloomberg
DEI Backlash Didn't Keep White Men From a Boardroom Minority
For the first time, White male directors overall slipped to just under half. By Save Jeff Green is a reporter for Bloomberg News' Equality team. He covers topics ranging from diversity in the workplace to the battle over corporate policies. You can share feedback with me here. So, this week I wrote about the White male minority in US boardrooms, which comes at a very surprising time. But first...