Future: Innovate & Transform–The Highlights

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Future: Innovate & Transform–The Highlights

20 December 2024 / Report

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The Conference Board organized a one-day event on November 13, 2024, bringing together business leaders to share cutting-edge perspectives on how businesses can innovate and transform their strategies and operations, deliver better results, and generate more value. The event was designed around three pillars: 1) leading through change with partnerships, 2) tapping into new technologies to create more value, and 3) creating a supportive culture of learning and experimentation.

Key Conference Takeaways

The key to successful innovation is creating your own ecosystem of networks, collaborators, and knowledge sharers. That said, the people most capable of protecting the core of the business may not always be best capable of exploring new opportunities, which requires a different mindset, skills, and technology.

AI is at the forefront of the “intelligence learning revolution.” It is much better at interpreting pictures and language than people are and is therefore capable of making better-informed, more rational decisions. It is starting to understand our world and move forward with this comprehension. In this respect, AI is beating 90% of people in IQ scores.
Highly prevalent in children, curiosity is the defining attribute of innovation. We have lost it as adults. Too many companies are not curious, are too bound up in managing risk. We need to make curiosity prevalent again, with an emphasis on observing and exploring.

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