Innovation360 Group has been a power user of Artificial Intelligence for a decade or more. We believe this evolving technology will continue to have significant impact on the world of work and that increasingly sophisticated functionality will be a necessary part of the ‘tools of the trade’.
But from time to time, we wonder about how this will take place, in what form and what impact it will have on actual work?
The rush to integrate Gen AI has led many organizations to prioritize short-term efficiency gains over sustainable long-run business outcomes. While AI in general excels at automating processes and analyzing vast amounts of data, and Gen AI is showing promising results in content creation, its widespread adoption carries significant risks – especially in strategic functions like new product development and innovation. Poorly conceived adoption of Gen AI in these areas runs the risk of diluting brand identity, homogenizing ideas, and eroding competitive differentiation.
To answer those questions, and to explore & understand the current value and pitfalls of AI, its changing dynamics, adoption, and impact we hosted a four-week ‘open innovation’ initiative, collaborating with a group of 20+ professionals from our global network, who collectively work across multiple industry sectors in almost as many countries. The authors want to acknowledge their contributions and assistance in completing this paper. The group included Khaldoun Aboul-Saoud, Marwan Ata, Duccio Cosimini, Samar Diab, Peter Dolenc, Isaiah Engelbrecht, Allan Fors, Peter Glasheen, Cher Gulinao, David Hayes, Kasia Hein- Peters, Peter Junermark, Jogeswara Meesala, Omanh Oman, Kelly O’Neill, David Pettersson, Magnus Penker, Nada Rih, Arthur Scholten, Dr. Satnam Singh, Khoh Soo Beng, Jeremy Staples, Tord Thunman and Niklas Tiger.
Using Innovation360’s unique ideation platform, the group identified 165 unique ideas and consultant stories, which fell into ten thematic buckets or ‘clusters’. Building upon these clusters, we refined the key ideas identified and landed on four targeted views of the main challenges emerging from the use of Gen AI.