5/28/2022

Competing in the Age of AI

Marco Iansiti and Karim R. Lakhani, Competing in the Age of AI, Harvard Business Review, January-February 2020, pp. 61-67.

Some key points: 

Removing Limits to Scale, Scope, and Learning

Strategies are shifting away from traditional differentiation based on cost, quality, and brand equity and specialized, vertical expertise and toward advantages like business network position, the accumulation of unique data, and the deployment of sophisticated analytics. 

Putting AI at the Firm’s Core: One strategy, A clear architecture, The right capabilities, An agile “product” focus, Multidisciplinary governance.

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