Closing the Expectation Gap: How AI Can Boost Productivity for Bosses and Employees

FORTUNE – A survey in the U.K. shows a significant gap in expectations between bosses and employees, regarding the time-saving potential of AI in the workplace. Bosses believed AI could save them 4.4 hours per day, while employees estimated 2.9 hours. This disparity highlights a common trend of employers being overly optimistic about AI’s capabilities. This gap in perception might exacerbate employee disengagement, a major barrier to productivity according to employers. Responsible deployment of AI, focusing on its benefits like reduced administrative tasks and more time for creative projects, could help bridge this trust gap.

By RYAN HOGG | JUL 16, 2024
Read the original article at FORTUNE

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Tech Talent Strategies: Fractional CTOs and Tech Sabbaticals for Non-Tech Companies

Peter Stewart of Stewart Leadership suggests hiring a fractional Chief Technology Officer (CTO) or tech consultant to manage a non-tech company’s needs temporarily. This unconventional approach helps set up processes, build the tech stack, and assist with recruitment. Once an established tech team is in place, the company can partner with local universities for internships, creating a pipeline of future hires familiar with the business.

Inga Bielińska from Inga Arianna Bielinska Coaching Consulting Mentoring proposes offering tech sabbaticals to current employees. This unique strategy encourages and incentivizes staff to take tech-related courses or certifications during their time off. It builds internal expertise, makes employees more valuable, and addresses tech needs without external hires, giving non-tech companies a competitive edge in developing tech talent.

By Expert Panel® | OCT 09, 2024
Read the original article at FORBES

Creative Brand Partnerships: Strategies for Outpacing Bigger Competitors

1. Burger King’s Cheetos Chicken Fries show how cross-promotion can create buzz. By combining two unexpected brands, they grabbed attention in a crowded market, offering a lesson in standing out through bold, unconventional partnerships.

2. RealTruck partnered with The Drive to reach car enthusiasts. By aligning with a niche audience and ensuring shared values, they expanded their reach without direct competition, showing the power of strategic, like-minded collaborations.

By Tony Ambroza | AUG 14, 2024
Read the original article at FORBES

Effective Strategies for Guiding Teams Through Departmental Transitions

HBR – Managing departmental transitions requires clear communication, employee involvement, structured planning, and continuous support. Leadership should establish transparent communication channels to convey the transition’s objectives and progress. Engaging employees in the transition process through feedback and participation helps alleviate concerns and fosters a sense of ownership. Developing a detailed transition plan with defined roles and responsibilities ensures a smooth execution. Providing continuous support, including training and resources, helps employees adapt to new changes and maintain productivity. These strategies are essential for successful departmental transitions and organizational stability.

By Susan Peppercorn and Tony Martignetti

See full article at Harvard Business Review

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