Published: 31 May 2024
Portfolio management leaders do not need to take unnecessary risks with any GenAI investments, but doing nothing now is risky and leads to missed opportunities. Instead, create a practical GenAI adoption plan featuring three main steps to GenAI business value.
Portfolio management leaders are pragmatic and practical by nature, and do not chase new trends or business fads. Unsurprisingly, many are applying an understandably analytical and sense-and-respond approach to generative AI (GenAI) hype, choosing to wait for GenAI to go mainstream and responding when that occurs.
Whether portfolio management leaders have a plan for GenAI adoption or not, it will go mainstream in the workplace, which can have both positive and negative impacts on the strategic portfolio management (SPM) life cycle — especially if proper preparation isn’t already in place.
Enterprisewide GenAI access will create challenges and opportunities for portfolio
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