Accelerating the cascade of knowledge from visionaries to pragmatists to conservatives
Sector firms stand to gain significantly from Artificial Intelligence (AI) and Machine Learning (ML) in terms of productivity, efficiency and innovation, yet often lack the required motivation, scale and resources. Further, the potential of AI and ML remains hypothetical unless and until the leadership team at a firm has the authority, confidence and knowledge to persuade frontline advisers to embrace new ways of working. ‘Command & control’ is seldom a viable route to bring about change at a professional firm.
Purpose of AI Cascades
To accelerate the cascade of knowledge from visionaries to pragmatists to conservatives. If pragmatists are not fully engaged, a likely outcome for conservatives is either oblivion (for retail providers) or slow suicide (for B2B providers given their stronger client-adviser relationships). The Cascades also inform the NextGen PSF project and have committed to disseminate its findings.
Select your preferred Cascade
Visionaries (est 10% of firms)
High use of AI
Comfortable with intelligent failure
Focus on cool new technologies and market opportunities