Leading business minds

Artificial intelligence is transforming manufacturing in old-fashioned ways, by exposing the hidden cost of playing it safe with old instructions and by reclassifying components to save money in customs duty and other costs, say Ujjwal Pandey, Visiting Associate and co-founder of procurement platform OptiSpend AI, and Jaideep Prabhu, Professor of Marketing, of Cambridge Judge Business School, in the first of a series of articles about the use of AI in traditional industries. These big wins don’t require factory redesign, job losses or huge investment, only a willingness to let technology unlock opportunities. 

People doing humanitarian work in conflict areas and other seemingly futile situations use 3 techniques to deal with the situation and remain engaged over time, and this has implications for other traumatic work situations, says research by Madeleine Rauch and Shahzad Ansari of Cambridge Judge Business School.

ByteDance, the parent company of short-form video platform TikTok, used artificial intelligence to challenge a longstanding assumption in strategy: that firms must often choose between scaling one business and diversifying into many. The firm used customer-focused knowledge from its news, e-commerce and content platforms to improve algorithms throughout the company, and this defying of conventional thinking has broader management implications in the AI era.