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AI and Strategy: How New Tools Can Boost the Evolution of Strategic Decision-Making

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  • Andrea Piazzoli

    (Università degli Studi di Firenze
    Università degli Studi di Siena
    Università degli Studi di Pisa
    Scuola Superiore Sant’Anna)

Abstract

Artificial intelligence (AI) is revolutionising strategic decision-making by introducing new tools that enhance efficacy and accuracy of predictions. This chapter examines the historical evolution of strategy, from ancient military tactics to modern business strategies, highlighting how AI’s capabilities align with strategic needs. It explores AI’s role in predictive modeling, scenario analysis, and optimisation, which provide data-driven insights for better decision-making. The chapter also discusses the ethical considerations and potential biases in AI applications, emphasising the importance of responsible AI use. It concludes by advocating for a skills-based approach to AI integration, ensuring that strategic decisions are informed by both advanced tools and human judgment.

Suggested Citation

  • Andrea Piazzoli, 2024. "AI and Strategy: How New Tools Can Boost the Evolution of Strategic Decision-Making," Progress in IS,, Springer.
    • Handle: RePEc:spr:prochp:978-3-031-73514-1_18
    DOI: 10.1007/978-3-031-73514-1_18
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