In the 20th century, the multidivisional firm was born. It quickly redefined business strategy and the way our world runs. Now, as the digital age advances and AI continues to become more and more critical to the way industries operate, a new kind of firm is emerging.
Karim R. Lakhani is a professor of business administration at the Harvard Business School and co-founded the Digital, Data, and Design Institute (D^3) at Harvard. His book, co-authored with Marco Iansiti, Competing in the Age of AI: Strategy and Leadership When Algorithms and Networks Run the World, looks at the ways corporations have attempted to restructure in the digital age.
Karim and Greg discuss what it takes to adapt a business model to the age of AI successfully, some of the missteps companies have made when trying to go digital, and what should be deemed proprietary knowledge when it comes to AI.
unSILOed Podcast is produced by University FM.