Rewired 2 Flashcards

1
Q

What are the three insights found in the interviews of leaders and laggards within digital and AI?

A
  1. Vision and strategy alignment, 2. Cultural readiness for change, 3. Investment in talent and technology.
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2
Q

True or False: Leaders in digital and AI are more likely to have a clear vision and strategy.

A

True

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3
Q

Fill in the blank: Cultural readiness for change is crucial for ________ in digital transformation.

A

success

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4
Q

What is one key difference between leaders and laggards in terms of technology investment?

A

Leaders prioritize investment in both talent and technology, while laggards often lack this focus.

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5
Q

What role does talent play in the success of digital and AI initiatives according to the insights?

A

Investment in talent is essential for leveraging technology effectively.

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6
Q

True or False: Laggards typically have a more flexible culture that embraces change.

A

False

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7
Q

What does cultural readiness for change entail?

A

It involves having a workforce that is open and adaptable to new technologies and processes.

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8
Q

Which group tends to have a reactive approach to digital transformation?

A

Laggards

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9
Q

What can be a consequence of not investing in talent for digital initiatives?

A

Organizations may struggle to implement and utilize new technologies effectively.

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10
Q

True or False: Leaders are less likely to face challenges in digital transformation than laggards.

A

True

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11
Q

What is a common characteristic of laggards regarding their digital strategy?

A

They often lack a cohesive and proactive digital strategy.

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12
Q

What is one challenge that laggards face in adopting AI technologies?

A

Limited understanding of AI capabilities

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13
Q

What mindset do leaders foster to encourage digital innovation?

A

A growth mindset that embraces learning and adaptation.

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14
Q

True or False: Investment in technology alone guarantees success in digital transformation.

A

False

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15
Q

What does the term ‘laggard’ refer to in the context of digital and AI?

A

Organizations that are slow to adopt digital technologies and strategies.

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16
Q

Which aspect is crucial for leaders to leverage AI effectively?

A

Talent development

17
Q

What is the impact of a lack of cultural readiness on digital initiatives?

A

It can lead to resistance to change and hinder successful implementation.

18
Q

True or False: Both leaders and laggards face similar challenges in digital transformation.

19
Q

What is one strategy leaders use to overcome challenges in digital transformation?

A

Creating a supportive and adaptive organizational culture.

20
Q

What is a common trait of leaders in digital transformation?

A

Proactive planning and execution