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The Irrationality of Leadership: How KPIs Blind Us and AI Illuminates the Way Forward

  • The article talks about the pitfalls of relying on KPIs for decision making.
  • KPI tunnel vision can easily make companies lose sight of the broader goals.
  • KPI overload, wherein companies have too many KPIs to track, can lead to chaos.
  • KPIs can lead to short-term thinking, ignoring longer-term declines in customer loyalty.
  • AI's ability in predictive analytics puts it ahead of KPIs in decision making when it comes to forecasting future sales.
  • AI helps leadership make informed decisions by analyzing both structured and unstructured data.
  • AI can also help businesses gauge customer sentiment from social media and reviews to combine qualitative insights with hard numbers.
  • Leaders need to ensure that AI is used ethically, with transparency and fairness, when making decisions that affect people.
  • Leaders will need to keep up with the AI world, constantly learning and experimenting with new approaches.
  • By embracing AI and combining it with human intuition, leaders can make more meaningful decisions for their businesses.

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