Strategic AI Recommendations for Johnson & Johnson & Digital Impact

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Added on  2023/06/11

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AI Summary
This report examines the application of Artificial Intelligence (AI) within Johnson & Johnson, focusing on strategic recommendations derived from an initial analysis. It highlights the significance of AI in automating processes, enhancing strategic decision-making, and addressing challenges posed by digital disruption. The report suggests that Johnson & Johnson should invest more in AI research and development, particularly to improve innovation, risk management, and internal communication. Key recommendations include developing flexible development methodologies, centralizing data for AI and Machine Learning (ML), fostering a digital ecosystem, and building human capacity. The report concludes that AI can significantly improve sector effectiveness by predicting outcomes, automating tasks, and providing better quality reports, ultimately leading to more efficient resource management and improved customer experience. Desklib offers a wide range of past papers and solved assignments to aid students in their studies.
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Artificial Intelligence
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Table of
Contents
ï‚§ Introduction
ï‚§ A short summary of your findings from CW1
ï‚§ A short set of conclusions based on your CW1 summary
ï‚§ A set of strategic recommendations on how the conclusions
could be applied to Johnson & Johnson
ï‚§ Conclusions from CW1
ï‚§ Improve the effectiveness of the Sector
ï‚§ Meet emerging challenges posed by digital disruption
ï‚§ Conclusion
ï‚§ 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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