Artificial Intelligence will be the next electricity. Take healthcare. The market for healthcare artificial intelligence tools is expected to surpass $34 billion in the next 18 months. AI will drive $8.6 billion in annual revenue by 2025, contributing to the $34 billion total in software, hardware and consulting. To win this race you have to craft a 3 pronged approach: Data, Tools and Talent.
Few topics have captivated talent management discussions more intensely than potential. But how good are we at evaluating human potential? The answer is, it’s mixed. In the real world of work, organizational practices lag behind, with 40% of designated “HiPos” — high-potential employees — not doing well in the future and at least one in two leaders disappointing, derailing, or failing to drive high levels of engagement and team performance. Despite the tools being available, political processes derail how talent is identified in organizations.
How do you get to Carnegie Hall?”The answer: Practice, practice, practice.If you have not heard that one then you have certainly been told as a child, “Practice makes a man (or woman) perfect.”What if I told you that both the sayings are wrong? Maybe I should say that they misguide you to believe that if you practice, there is no reason for you not to be at the top of your vocation. The reality is that practice does not help you achieve perfection — “deliberate practice” does.
