AI Implementation in Company Operation and Decision Making,
“ R.Magesh - Assistant Professor of MBA, Ganadipathy Tulsi’s Jain Engineering college Vellore
“R.Rajesh - Assistant Professor of MBA, C.Abdul Hakeem College of Engineering and Technology Vellore
“T.Muthu Vijayan” – Research Scholar (MBA), SRM institute of Science and Technology, Chennai Ramapuram
“M.Aakash” - Research Scholar (MBA), SRM institute of Science and Technology, Chennai Ramapuram
“ Dr.N.Deepa –Associate Professor of MBA Ganadipathy Tulsi’s Jain Engineering college Vellore
“ Dr.G.Nagarajan – Professor/Head of MBA Ganadipathy Tulsi’s Jain Engineering college Vellore
ABSTRACT:
The impact of artificial intelligence (AI) on business decision-making processes has been significant, transforming the way organizations operate and make strategic choices. AI 'stability to analyze vast amounts of data, identify patterns, and provide predictive in sights has re volutionized various industries, including healthcare, finance, and retail. By leveraging AI, businesses can automate routine tasks, optimize processes, and gain actionable insights to drive informed decision-making. AI's role in decision-making extends beyond just providing insights and analysis. It can potentially transform how businesses make decisions by automating repetitive tasks, uncovering hidden patterns, and enabling proactive planning. AI' stability to learn from data and improve its predictive capabilities overtime has also made it a valuable tool for strategic planning and competitive advantage. However, implementing AI for decision-making poses challenges, including ensuring data quality, access to accurate and unbiased data, and the need for skilled professionals to develop and maintain AI systems. Despite these challenges, many organizations have successfully implemented AI for decision-making and are seeing benefits in improved cost savings ,enhanced customer experiences, and competitive advantage.
KEYWORDS: Artificial intelligence (AI), Business decision-making, Decision-making processes, Machine learning, Business strategy
