ECDA Leadership Challenge Spring 2022

The use of data and application of Artificial Intelligence (AI) will without any doubt change the way we will do business in the future. As a matter of fact, today it is already changing businesses, governmental organizations, and educational institutions. But what is needed to make Artificial Intelligence a valuable part of the way we do business ourselves? Many experts believe that successful Artificial Intelligence applications hinge on the so-called b-smaCt technologies (Blockchain, Social media, Mobile use, Analytics, Cloud and Things-on-the-internet or better known as IoT). The fuelling component of those technologies is Big Data. This insight will require a whole new set of skills and ways of working. Understanding and working with new technologies for big data collection, analysis and prediction will not create only huge societal and business opportunities, but also ethical, legal, privacy and technical issues concerning every part of the organization. It will influence customer relationships, redefines how organizations  develop new products and services, changes how operations are organized and managed, and provides the basis for new business models and service offerings. It will demand a data driven focus of everyone involved in the organization.

This training programme combines the science of business, data, and societal perspectives. Participants – who usually join with a team of 3 to 6 persons – acquire a broad knowledge and diverse skills related to data analytics, which may lead to new insights that drive new value creation opportunities. Such learning by doing manifests itself along two dimensions: across multiple levels (individual, group, and corporate) and across multiple functions.