Q48 How Will the Speed of Decision-Making Change in the AI Era?
Chapter 6 The Work of Leaders
The Short Answer
Analysis becomes faster, and decision-making itself becomes a competitive advantage.
Unpacking the Question
How will the speed of decision-making change in the AI era?
In management until now,
"Let's analyze a little more."
"We don't have enough data."
For reasons like these, decisions were often postponed.
But AI gathers vast amounts of information instantly,
analyzes it,
and even presents multiple options.
The time required for analysis will approach zero.
Then, what remains at the end is only the time it takes to decide.
In other words, slow decisions can no longer be blamed on slow analysis.
So what do you need in order to decide quickly?
The answer is criteria for judgment.
Does it maximize profit?
Does it minimize risk?
Or does it bring us closer to the future we aim for?
If the criteria are vague,
no matter how fast the analysis becomes, decisions will lag.
Conversely, a company with clear criteria
can act swiftly while making full use of AI's analysis.
Future Value Theory holds that the most important criterion is "which future does this bring us closer to?"
If that future is clear, the answer to choose comes into view.
AI presents the options.
But which one to choose is the executive's will.
Competitiveness in the AI era is not analytical power.
It is the power to decide with the future as your standard.
Implications for Management
The more AI shortens analysis time, the more decisiveness determines competitiveness.
Executives must make their criteria for judgment explicit.
Especially important is the axis of
"Does this choice lead to the future our company aims for?"
Companies with a clear axis toward the future can use AI to make rapid decisions.
How Would You Answer?
Does your company have
criteria to return to when in doubt?
Do those criteria connect to the future you aim for?