The new age of change is hard to predict
Traditional management techniques aimed at directing and controlling an organisation towards its operating goals and targets may no longer be appropriate in a faster changing world. As artificial intelligence (AI), and even robots, emerge it may no longer be possible for management to work through the process of written structures, processes and delegations each time the organisation needs to adapt to new changes. The new age of change is hard to predict, fast paced due to the interconnectivity from globalisation and social media, so resulting in greater risk and uncertainty be the change occurring from presidential tweets, new online markets, technology or trade wars. AI, as one of these changes, is emerging across a range of industries due to faster computer hardware, software advancement and new algorithms.