Part I – Technology Fundamentals – Skills Assignment
General Instructions
Please choose either the Manufacturing Company or Healthcare Organization scenario as the basis for your assignment.
Manufacturing Company – Scenario 1
Fact Pattern:
You are the Chief Operating Officer of Cars, Inc., an automobile manufacturing company that manufactures electric-powered automobiles. Cars, Inc. is considering implementing AI in their production process to improve efficiency, reduce manufacturing defects, monitor inventory, and manage its supply chain commitments (both with suppliers of automobile parts and with automobile dealers and finance companies).
Assignment
- The Board of Directors of Cars, Inc., has asked you to evaluate the benefits and costs associated with adopting AI in its business operations, including:
- Increased productivity
- Reduced labor costs
- Reduced marketing costs
- The need for additional training of company employees and supply chain partners
- Initial investment required for implementing AI systems
- Ongoing investments for updating the AI systems – e.g., data collection and analysis and training of machine learning algorithms
- And any others that you believe the company should take into account in evaluating its AI strategy
- In preparation for the Board meeting you have been asked to draft:
- A PowerPoint presentation – between 8 to 12 slides.
- Each PowerPoint slide should have notes added at the bottom. The notes will provide additional information that you would mention in the actual meeting, as well as any clarifications or explanations to help a reader of the slides (who was not at the meeting) make better sense of them.
- In completing the assignment, please refer to the Background Readings and the Manufacturing Company readings below.
Healthcare Organization – Scenario 2
Fact Pattern:
You are the Chief Operating Officer of Healthcare, Inc., a healthcare organization that wants to introduce AI-driven diagnostic tools to assist doctors in identifying diseases accurately.
Assignment
- The Board of Directors of Healthcare, Inc., has asked you to evaluate the benefits and costs associated with adopting AI in healthcare, considering factors such as:
- Improved accuracy
- Reduced labor costs
- Potential ethical concerns
- The need for additional training for medical professionals
- Initial investment required for implementing AI systems
- Ongoing investments for updating the AI systems – e.g., data collection and analysis and training of machine learning algorithms
- And any others that you believe the company should take into account in evaluating its AI strategy
- In preparation for the Board meeting you have been asked to draft:
- A PowerPoint presentation – between 8 to 12 slides.
- Each PowerPoint slide should have notes added at the bottom. The notes will provide additional information that you would mention in the actual meeting, as well as any clarifications or explanations to help a reader of the slides (who was not at the meeting) make better sense of them.
- In completing the assignment, please refer to the Background Readings and the Healthcare Organization readings below.