Week 3 Discussion Response- Managerial Finance

Week 3 Learning Resources

Managerial Finance

Generative AI in Business

Generative AI is continually evolving and finding new applications in various industries. Its ability to automate tasks, enhance creativity, and provide data-driven insights makes it a valuable tool for businesses looking to stay competitive and innovative in today’s rapidly changing digital landscape.

· Edelman, D. C., & Abraham, M. (2023, April 12).  Generative AI will change your business . Here’s how to adapt.  Harvard Business Review Digital Articles, 1–10.

· Marotta, G., & Au, C-D. (2022, July 22).  Budgeting in the age of artificial intelligence: new opportunities and challenges Links to an external site. . SSRN. https://doi.org/10.2139/ssrn.4168230

· McKinsey & Company. (2023, January 19).  What is generative AI?Links to an external site.  https://www.mckinsey.com/featured-insights/mckinsey-explainers/what-is-generative-ai#/

· Ransbotham, S., Kiron, D., Candelon, F., Khodabandeh, S., & Chu, M. (2022, November).  Achieving individual - and organizational - value with AILinks to an external site. .  MIT Sloan Management Review. https://sloanreview.mit.edu/projects/achieving-individual-and-organizational-value-with-ai/

· Schrage, M., Kiron, D., Candelon, F., Khodabandeh, S., & Chu, M. (2023).  Improve key performance indicators with AILinks to an external site. .  MIT Sloan Management Review,  64(4), 1–7. https://sloanreview.mit.edu/article/improve-key-performance-indicators-with-ai/