Leaders must understand how AI can transform their organizations and industries, and how to leverage AI to achieve their strategic objectives. This requires leaders to possess a strong understanding of AI technologies and their applications, as well as the ability to manage the human and ethical implications of AI adoption. Moreover, they need to develop a comprehensive AI strategy that aligns with the organization’s vision and values and communicate this strategy effectively to all stakeholders.
Leadership is significantly impacted by AI, and leaders must learn new techniques and approaches to take advantage of AI’s potential while minimizing its risks. The successful adoption of AI requires leaders to foster a culture of innovation and balance technical expertise
with soft skills.
The Impact of AI on traditional management: In the twenty-first century, information has become as valuable as oil, and companies that aspire to stay in the game must handle it effectively, either by creating or gathering it. However, with so much information available, it’s impossible for humans to analyze all of it and gain insights.
To address this challenge, companies need to seek outside help. Artificial intelligence has enormous potential in business management, not just in processing information, but also in automating repetitive processes and enhancing performance. AI can provide business executives with factual information, projections, and likely outcomes, enabling them to make informed, rational, data-based decisions without being influenced by emotions.
The Application of AI on Management: We are on the brink of an era where artificial intelligence (AI) is leading the way to a future where machines and humans can work together to perform tasks with greater speed and accuracy. It's difficult to predict the full impact of AI on leadership in organizations at this time.
Because AI has such a wide range of potential uses in business management, it can be applied in many different situations to support decision-making and automate procedures. As a result, it may be possible to find hidden insights that were previously challenging to discover due to the complexity and amount of data. With the increasing capability of AI, managers can now identify
crucial issues and take immediate steps to improve internal communication, encourage greater teamwork, and guide everyone towards the company’s overarching goals.
The future of AI: The emergence of new technologies often leads to concerns about the displacement of human workers, and this is also true for AI. Many believe that AI will impact both operational and managerial roles in various industries.
While this may seem pessimistic, it’s important to note that AI can actually enhance the abilities of professionals and create new opportunities for them. For instance, leaders can now delegate repetitive tasks and focus on more strategic work. They can also use AI insights to make better decisions, and these skills will become increasingly important as technology continues to evolve.

In order to succeed in a leadership role, it’s essential to possess a variety of soft skills such as effective communication, collaboration, and inclusivity. The integration of technology can actually help professionals develop these skills and become more effective leaders.
The main concerns of AI: While AI can be a game-changer for businesses, it’s crucial to acknowledge the obstacles that must be overcome to successfully implement technology-based solutions.
One of the most significant hurdles is the mistrust that employees have for each other, as they fear that AI will replace human labor with cheaper alternatives. However, this is a misconception, as employees remain essential components of an organization’s development and growth. It’s crucial to communicate this fact to all employees to facilitate a culture change.
Another challenge is the cost of acquiring or developing AI applications, which can still be prohibitively expensive for small businesses, despite becoming more affordable in recent years.
To sum up, the impact of AI on leadership is significant and has far-reaching implications. AI technology has disrupted traditional leadership approaches by transforming decision-making processes, organizational operations, and interactions between leaders and their teams. The use of AI in leadership has become increasingly critical as organizations strive to maintain a
competitive edge and adapt to new technologies.
In this context, leaders must be able to make rapid and accurate decisions, as AI technology can process data and make decisions faster than humans. This necessitates that leaders be more agile, flexible, and leverage AI to their advantage.
AI technology can also provide valuable insights into team dynamics, enabling leaders to better understand their team members and motivate them effectively. Additionally, AI technology can offer feedback to team members, leading to performance improvement and increased engagement with the organization.
Given the continuous evolution of AI technology, it is essential for leaders to remain updated with the latest developments and harness the potential of AI to drive organizational success.

Author: Elie El Khoury
Reference:
Ribeiro Jair, 2021, Building bridges between AI and the business, Retrieved from
https://medium.com/codex/building-bridges-between-ai-and-the-business-1294c001be5e