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Significance of Artificial Intelligence in Johnson & Johnson

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Added on  2023/06/11

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This presentation explores the significance of Artificial Intelligence in Johnson & Johnson and its contribution to growth and development. It includes a short summary of findings from CW1, conclusions, and strategic recommendations for better innovation and creativity. The presentation also covers the types of business organizations using AI and the technological platforms and software used for AI.

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Artificial Intelligence

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Table of
Contents
Introduction
A short summary of your findings from CW1
A short set of conclusions based on your CW1 summary
A set of strategic recommendations on how the conclusions
could be applied to Johnson & Johnson
Conclusions from CW1
Improve the effectiveness of the Sector
Meet emerging challenges posed by digital disruption
Conclusion
References
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Introduction
The chosen sector is retail and the
organisation named as Johnson &
Johnson. It is one of the international
pharmaceutical company established in
1886 and headquartered in United States.
It produces the skin care and baby care
products along with the cosmetics and
many more. The chosen technology is
Artificial intelligence.
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A short
summary of
your findings
from CW1
It has been found out that artificial
intelligence has a greater significance in
the current world because it is widely
used and emerged in Johnson & Johnson
for automation purposes and many more.
This is because it provides the automated
applications which further helps in the
modern advancements to the company.

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Conti..
It aids the Johnson & Johnson in
bringing up the strategic decision
making and other management related
strategies as well for easy and fast
working of the company (Joshi, 2020).
There are various technological
platforms on which the working of
artificial intelligence is performed and
delivered to the user.
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Conti..
Moreover, there are several types of
business organizations which uses the
artificial intelligence on a major basis for
quick operations and accuracy in the
functioning of the firm. For example,
some of the business organizations are
under the sector of software engineering
and medical technology along with the
financial institutions and many more.
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A short set of
conclusions
based on your
CW1 summary
Digital technology is basically the
applications which provides the technical
tools and also the modern advancements in
order to render the automation and accuracy
in performing the several tasks. Digitalisation
is becoming significant to use in the
businesses so that the companies can gain the
competitive advantages and also they can
meet the demands of the customers and
increasing expectation from the company.

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Conti..
It also defines several ways of working to the
Johnson & Johnson which makes easy for further
working of the organization by helping the
performing functions in an effective and efficient
manner. That is why the artificial intelligence is
chosen as the digital technology for the
discussion of its significance in changing global
business environment and also its contribution in
the growth and development of the Johnson &
Johnson along with its applications as well.
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Conti..
It is necessary to determine the
definition and application along with the
significance of artificial intelligence. It
is essential to examine the technological
platforms and software used for artificial
intelligence. It is significant to assess the
types of business organisation using
artificial intelligence.
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A set of strategic
recommendations on
how the conclusions
could be applied to
Johnson & Johnson
Johnson & Johnson uses the artificial
intelligence but not up to the mark. Therefore,
it is recommended that the company must
invest on the artificial intelligence mainly in
its research and development departments for
introducing better innovation and creativity in
the market place. Company must use the AI in
recognizing the social risks and must use in
boosting the transparency as well.

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Conti..
It is also suggested that the firm must use
AI in building the bridges and enhancing
the communication flow in the firm
(Majumdar and et.al., 2018). It is
suggested that the firm must develop the
flexible development methodology while
centralizing the data of AI and ML.
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Conti..
It is also advised that the
Johnson & Johnson must foster
the digital ecosystem using AI
and also shaping the policy
environment as well. It can
also help in the building up the
human capacity of working
and to prepare the labour
market transformation as well.
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Conti..
It is recommended that the company
must combine the machine learning
automation and also the evaluation of
human resources with data. Furthermore,
the Johnson & Johnson must utilise the
skilled managers while operating the
systems of artificial intelligence so that it
can be operated in an effective and
efficient manner (Popkova and Gulzat,
2019).

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Conclusions
from CW1
It is concluded that all the features
discussed helps in proving the artificial
intelligence as the effective business tool
because it not only automates the task
and make it simple but also it is
responsible for the strategies
development for better strategic decision
making and strategic management.
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Conti..
Therefore, now a days technology of AI is gaining
the trends of its usage day by day. Moreover, old
theories are stated which states that the old
theories are totally reliable on the human resource
management and manual working and the new
theories are also stated which states that the new
theories are totally reliable on the digitalisation
and artificial intelligence which facilitates with
automation and virtual presence as well
(Khisamova, Begishev and Sidorenko, 2019).
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Improve the
effectiveness of
the Sector
AI can improve the effectiveness of the sector by
predicting the time of completion in a more
accurate manner. It will be able to accomplish
mundane task on the behalf of humans. It can
provide better quality reports and also it is better
at spotting risk as well. It enhances more efficient
management of resources with improved
customer experience while predicting outcomes
more effectively.

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Conti..
AI can improve the effectiveness in saving time
and efforts and make possible for the business to
perform their complicated operations in an easy
and quick manner. It is also observed that the
applications and the significance of artificial
intelligence is not limited to some of the areas but
it is expanded on a very wider or broader terms.
Not only the organizations but it has services and
features which are broadly used by the people in
their daily life and routine of the companies and an
individual as well.
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Meet emerging
challenges
posed by digital
disruption
Emerging challenges posed by digital
disruption can be met by simply by
creating the knowledge management
ecosystem which fosters the safe project
management. It must be used in the cost
management for proper effectiveness
and must involved in the increment in
the accountability for all parties.
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Conti..
It is essential to adopt the internet of things
automation in order to reduce outsourcing and
increase in profit margins. It must be used in the
enhancement of the project management
qualifications as well. Moreover, some of the
cybersecurity strategies must also be adopted such
as encryption and anti virus program along with the
password management and frequent updates so that
the emerging challenges posed by digital disruption
can be met.

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Conclusion
It is concluded that digital technology is an important concept to
learn and study so that its applications can be applied in the real
world organizations. This is because now days it is next to
impossible for the business to survive without adopting the
advanced and updated technology in this era of modernization of
large competition in the marketplace.
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References
Emanuel, E.J. and Wachter, R.M., 2019. Artificial
intelligence in health care: will the value match
the hype?. Jama, 321(23), pp.2281-2282.
Girasa, R., 2020. Artificial intelligence as a
disruptive technology. Springer International
Publishing.
Joshi, A.V., 2020. Machine learning and artificial
intelligence.
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