Question: What is the career risk to “Management Professionals” in the age of AI (artificial intelligence)?
My Response: Management cannot be automated out, because its construct is multi-dimensional, unbounded by the rituals and liturgies of computer codes. Yes, management, as a profession or role, will always be here. Nonetheless, management systems and processes will evolve as digital platforms emerge, and penetrate, across sectors and markets. How you run Amazon will be different from how you run GE; Amazon is natively digital, and GE is not. The key to career preservation is having the management skills necessary in an era. It could look simple but how a digital manager reads balance sheets and P&L differs from what a fast food manager does! You may be surprised that the former has set its Profit/Loss line to red for years while the latter is sure of gray or thick black in months.
Note: there are many elements to management. I noted the redesign AI will bring in a recent article in Harvard Business Review.
1. Advance your career with Tekedia Mini-MBA (Sept 13 – Dec 6, 2021): 140 global faculty, online, self-paced, $140 (or N50,000 naira). Click and register here.
2. Click to join Tekedia Capital Syndicate and own a piece of Africa’s finest startups with a minimum of $10,000 investment.3. Register and join me every Saturday at Business Growth Playbooks w/ Ndubuisi Ekekwe (Sept 4 – Oct 23, 2021), Zoom, 4.30pm WAT; costs N20,000 or $60.