Abstract: This article examines the role of artificial intelligence (AI) in strategic decision-making and its implications for managers in the digital age. As AI continues to transform the business landscape, opportunities arise for enhanced data-driven decision-making, innovation, and organizational agility. However, challenges related to ethical considerations, data security and privacy, and integration and implementation remain. Managers must adapt by developing a comprehensive understanding of AI applications, fostering an AI-ready organizational culture, and ensuring ethical and regulatory compliance. The article also highlights the need for future research to explore new AI applications, industry-specific impacts, and best practices for integrating AI into strategic decision-making processes, as well as addressing ongoing ethical, regulatory, and implementation challenges.
Keywords: Strategic Decision-Making, Artificial Intelligence, Managerial Implications, Data-Driven Decision-Making, Organizational Agility.
Title: The Role of Artificial Intelligence in Strategic Decision-Making Opportunities, Challenges, and Implications for Managers in the Digital Age
Author: Jackie Chong Cheong Sin, Vijayakumaran Kathiarayan
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
Vol. 11, Issue 1, April 2023 - September 2023
Page No: 73-79
Research Publish Journals
Website: www.researchpublish.com
Published Date: 10-May-2023
