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MIT Initiative on the Digital Economy – Medium

New KPIs Are Smarter Than Ever. AI-enabled algorithms are boosting… | by MIT IDE | MIT Initiative on the Digital Economy | Feb, 2024

MIT IDE

2024-02-20 19:17:36

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Summary

The article emphasizes the growing importance of KPIs in organizations, especially with the rise of AI and advanced technologies. It discusses how KPIs are becoming more intelligent and strategic, with AI-enabled KPIs making recommendations and executive committees relying on smart KPIs for better decision-making. It also highlights the need for organizations to rethink and optimize their KPIs to align with the new wealth of data and digital transformation opportunities.

Key Themes

AI in KPIs: The article discusses the increasing importance of AI and machine learning technologies in making KPIs more valuable and strategic for leaders.
Intelligent KPIs: It talks about how KPIs themselves are becoming smarter and more intelligent, learning to improve and making recommendations to managers and executives.
Strategic Evaluation: The article emphasizes the need for executive committees and boards of directors to rely on smart KPIs for better value, information, insight, advice, and performance.

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