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Management of AI in companies

Artificial intelligence offers companies new opportunities to innovate processes, products, services and business models and to change existing ones.

Artificial intelligence offers companies new opportunities to innovate processes, products, services and business models and to change existing ones. Therefore, the professional management of Artificial Intelligence in companies becomes a central task to realize the new value propositions with productive systems.

The article presents the St. Gallen Management Model for AI (SGMM-AI) and shows seven fields of action for the operational use of AI: (1) Management of Artificial Intelligence, (2) Organization of the business, (3) Legal design, (4) Regulation and Compliance, (5) Lifecycle Management, (6) Management of the technology infrastructure, and (7) Cyber Security.

This article guides concrete first steps and is primarily aimed at members of management, IT and innovation managers and project managers who want to put the new value propositions of AI into practice.

Author: Tobias Fahse

Date: 28. July 2020