- Oct 31 2023
- 10:00 am - 6:00 pm
Leveraging Generative AI for Strategic Advantage & Innovation Portfolio Management and Resource Allocation
|10:00am – 10:30am||Check-in and networking|
|10:30am – 11:00am||Welcome and individual introductions|
|11:00am – 12:30pm||Artificial intelligence and strategy research update and practitioner workshop + discussion.|
|12:30pm – 1:30pm||Networking lunch|
|1:30pm-3:15pm||Rita McGrath presentation and roundtable discussion on innovation portfolio allocation and management|
|3:15pm-3:45pm||Coffee and networking break|
|3:45pm-4:30pm||Innovation portfolio management software demo by Rita McGrath and Valize|
|4:30pm – 5:00pm||Key takeaways, announcements and close|
|5:00pm – 6:00pm||Networking Reception|
*Final agenda TBD, exact times subject to change
Leveraging Generative AI for Strategic Advantage
WORKSHOP & OUTTHINKER RESEARCH UPDATE
The Outthinker team and network members have begun research into numerous questions that have arisen following the recent and continuing advancements in artificial intelligence. A top agenda item for all members, the goal of the research initiative is to collectively work together to answer key questions and develop practical tools, best practices, and knowledge that we can use to accelerate the speed and impact of our individual organizations’ adoption and use of AI.
Questions being explored include:
How will business models and organizations transform to cope with these new technologies?
What are the implications for decision-making in organizations?
How strategy governance, management, and execution will be transformed by artificial intelligence?
This session will include an update on insights gathered thus far as well as a workshop with practitioners and advisors to continue advancing our knowledge and capabilities.
Rita McGrath on portfolio management, capital allocation, permissionless organizations, and the future of strategy.
PRESENTATION & ROUNDTABLE DISCUSSION
Best-selling author, professor of strategy and innovation, and top-ranked global management thinker
Rita McGrath is a best-selling author, a sought-after advisor and speaker, and a longtime faculty member at Columbia Business School. Rita is one of the world’s top experts on strategy and innovation and is consistently ranked among the top 10 management thinkers in the world, including the #1 award for strategy by Thinkers50. McGrath’s recent book on strategic inflection points is Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen (Houghton Mifflin Harcourt, 2019). Rita is the author of four other books, including the best-selling The End of Competitive Advantage (Harvard Business Review Press, 2013).
At Columbia, Rita directs the popular Executive Education course Leading Strategic Growth and Change. She guest-lectures in a number of other courses, including the flagship Advanced Management Program, and is active in other Columbia initiatives such as the launch of its Think Bigger Innovation Hub. She also acts as faculty director for some of Columbia’s prestigious custom programs offerings, learning experiences designed specifically for individual organizations.
Rita is one of the most frequent contributors to the Harvard Business Review. Her most recent article is The Permissionless Corporation (Jan/Feb, 2023). She also publishes regularly in other premier journals such as the MIT Sloan Management Review. Her work on discovery-driven growth was praised by the late legendary management thinker Clayton Christensen as offering “some of the most important tools of management and strategy that have ever been developed.”
Rita was awarded the prestigious C. K. Prahalad award from the Strategic Management Society, an award for scholarly impact on practice. She has won many other awards for her work and impact, including the “Theory to Practice” award from the Vienna Strategy Forum, the “best paper” award from the Academy of Management Review and multiple “best book” awards for her work.
McGrath received her Ph.D. from the Wharton School (University of Pennsylvania) and has degrees with honors from Barnard College and the Columbia School of International and Public Affairs. She is active on all the main social media platforms, such as Twitter @rgmcgrath, Linked in and Instagram. For more information, visit RitaMcGrath.com.
Outthinker Networks is pleased to welcome back Columbia Business School Professor Rita McGrath for a roundtable discussion of multiple topics at the top of the CSOs strategic agenda including, innovation portfolio management, capital allocation, the permissionless organization, and the future of strategy. Rita and participants will discuss:
How organizations can effectively balance their innovation portfolios to drive growth while managing risk.
Strategies that empower organizations to innovate with confidence, ensuring that capital allocation serves as a catalyst rather than a constraint.
Key ideas and implications of the emerging “Permissionless Organization”.
The future of strategy and what strategy executives need to know to remain effective and successful.
Get an exclusive look into a new software tool to better manage strategic options and innovation projects.
Rita McGrath is a best-selling author, a sought-after advisor and speaker, and a longtime faculty member at Columbia Business School. Rita is one of the world’s top experts on strategy and innovation and is consistently ranked among the top 10 management thinkers in the world, including the #1 award for strategy by Thinkers50. Her recent book on strategic inflection points, Seeing Around Corners, and her best-selling, The End of Competitive Advantage, are required reading for strategy and innovation executives today.
Hosted by BNY Mellon
Outthinker New York Founding Member
240 Greenwhich St., New York, NY 10286