Impact of Artificial Intelligence on Global Strategic Management

GLOBAL STRATEGIC
MANAGEMENT

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
CONCLUSION................................................................................................................................3
REFERENCES................................................................................................................................1

INTRODUCTION
Artificial intelligence is nowadays plays a key role in the every organisations due its
increasing productivity and efficiency. Increasing use of digital technologies or machines has
reduced the human workforce due to more production with less cost (Cui, Y. and Yu, G., 2021|).
Every organisation need digital networks and analysis for doing its business internationally or
globally. Many large organisations during the time of pandemics or Covid-19 using AI or digital
tools and using capital intensive methods rather than labour intensive. Although it creates a lot of
opportunity for the large businesses but creates threats for many small businesses due to less
fund or less resources available. This report will include competitive strategy models and HR
theory and evaluating the role and impact of Artificial intelligence on the overall business
strategy and the management workforce in organisations. Further, it also include critical
discussion on the importance of talent acquisition, learning and development and change
management in the current global competitive climate.
MAIN BODY
Artificial intelligence
Increasing competitions and population has led the use of digital technologies everywhere
because Artificial intelligence increases the productivity of the businesses and reduces the cost of
employing more staffs, and machines for doing the work (Wu, T.Y. and et.al., 2019). This
intelligence has entirely changes the working of the companies every large company is using
digital technologies for marketing its products online or producing its products with more
advanced technologies to attract more customers or reducing the overall cost of making. Various
organisations like HSBC, Unilever, TESCO, IKEA etc are using all kind of digital technologies
or artificial intelligence for its business successfully in the international markets. Due to covid-19
many small or big firms were facing problems in selling its products to the customers this gave
the importance Artificial intelligence and tech acceleration for using all the technologies for
doing the work more effectively and with low cost.
Competitive strategy models