Tag Archive for: AI

Chris Kolenda: 3 Ways AI will transform the construction and manufacturing industries

3 Ways AI will transform the construction and manufacturing industries

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The New York Times says that articles on AI are among 2023’s most popular. It’s no wonder – this revolutionary capability will transform business and life. Are you wondering how AI will affect your business? If you’re like most leaders I’ve been talking to, you want to get ahead of the curve, not left behind.

I have several construction and manufacturing clients, so I asked my Chatbot to help me identify some of the most important ways artificial intelligence will affect them. These three stood out to me.

  1. Predictive Maintenance: Why wait for the wheel to break? AI-powered sensors can alert you before a machine or component fails, reducing downtime and saving costs.

Preventative maintenance will remain essential in prolonging the life of components. Combined with AI-powered predictive maintenance, you can avoid the massive costs of corrective and remedial action. 

  1. Supply Chain Simplification: AI can streamline your supply chain, making it transparent and efficient while uncovering hidden costs.

Complicated, hyper-efficient, cheap supply chains were the gold standard until the fragile system crashed. Many CEOs still complain about supply chain disruptions, clinging to a system that no longer works. 

The wise ones are simplifying their supply chains to reduce the system’s friction. Fewer transactions mean less opportunity for things to go wrong. AI can help you build resilience by reducing complexity.

I just finished visiting with a CEO who simplified their supply chain. Their business grew 38% in the past two years by acquiring new business from competitors who couldn’t deliver. 

  1. 3D Visualization, Testing, and Building: Expect 3D printed structures designed by AI, reducing cost and time.

The most successful companies will rethink what ‘building’ and manufacturing means when machines weave structures and components “like spiders spin webs” (Chatbot).

AI will load-test your products and structures before you build them. How well will that building stand up to a hurricane? How long can you expect these components to last under adverse conditions? What are the likely risks of harm to people, animals, and the environment, and what are the most effective ways to reduce the probability of problems arising and their seriousness?

Much of the AI conversation centers on the potential risks of rogue bots. These discussions are vital, and policymakers need to develop sensible safety protocols. 

Closer to home, AI will have a transformative effect on your business. Daniel Burrus calls it a Hard Trend – something that will happen (like the sun rising tomorrow). Will you ride the crest of the wave or get pulled under it?

Here’s a massive implication that transcends industries. Workplace trust will rise in importance as AI reshapes and replaces traditional roles. Higher trust leads to stronger innovation, lower anxiety, and better teamwork and productivity. Low-trust environments, by contrast, arouse suspicion, heighten dysfunctional stress, impede innovation, and damage performance. 

Will AI strengthen trust in your company or diminish it? The answer is 100% up to you.

You face a dynamic hybrid workplace that includes disruptive advances like AI, four generations of employees, varied viewpoints within a polarized polity, and unprecedented social pressures. 

My newest program, Building an Inspiring Culture®, is ideal for companies who want to strengthen how their leaders build trust, gain buy-in, and create productive accountability. You need a strong foundation to build a tall building.

Schedule a call to learn more about the program and see if it’s a good fit.  

Chris Kolenda: Leading in an AI World: 4 Ways to Repair the Trust Crisis

Leading in an AI World: 4 Ways to Repair the Trust Crisis

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Have you considered how AI will affect relationships in your workplace?

If not, it’s time to get ahead of the curve. Information technology provides massive benefits to society and your business, but its misuse has damaged relationships and created a trust crisis. 

Is that person really working all of those hours?

Is that “Hey Chris” email for me or personalized spam? 

Why do my employees make more than I do? 

Will a bot take my job?

Why does the CEO, who gets mega-millions, say she cares about us but can’t afford to give us raises or training?

It’s not that our company’s leaders won’t keep their promises; it’s just that they haven’t.

AI can widen the breach; it can also repair it. 

We live in an era where AI isn’t just a tool—it’s becoming a co-worker. 

AI exposes contradictions, say-do gaps, and potential unfairness while creating deep anxiety and uncertainty. This trust crisis corrodes relationships, impedes performance, and sours your company’s culture.

Why should you care? High-trust companies reportedly outperform their rivals by nearly 300%. 

And yet, how do you sustain trust as AI takes on more roles while raising troubling questions about credibility, agency, and employee value?

Here are four behaviors that will inspire employees to contribute their best even as AI’s role expands (my chatbot helped me craft these ideas after I gave it suitable prompts).

  1. Be Transparent with AI Integration: Remove the enigma surrounding AI. Educate your team on extracting the best from AI while recognizing its limitations. Your employees’ ability to provide actionable prompts will make AI an ally in your mission, not a mystery.
  2. Boosting Human-AI Innovation: AI can crunch numbers but can’t think outside the box. AI’s efficiency plus human creativity reduces risk and improves innovation. Leaders who promote critical thinking will get the best from AI while limiting garbage-in-garbage-out problems, drift, and look-a-like challenges.
  1. Creating Ever-Better Personal Interaction: Relationships become more important with remote work and distributed teams. You have a reduced margin for error, making every human touchpoint critical for building trust and unity. Face-to-face interactions in high-quality and innovative off-sites accelerate belief in you and each other.  
  1. Gaining Buy-In & Proactive Accountability: Move away from AI as a surveillance tool. Build a culture where leaders use AI to help employees improve future performance and spark their discretionary effort. 

You can anticipate AI’s effects on workplace relationships and develop behaviors that maximize its capabilities while limiting the downsides.

Anticipatory action on your part becomes compounding interest as trust increases performance, which enhances confidence in your company’s future. Wait, and you’ll regret the bill for corrective action.

Are you ready to get ahead of the curve? Schedule a call or email me for information about my keynotes and workshops on building trust in an AI world.