Harnessing Artificial Intelligence in Business: A Qualitative Exploration of Strategic Implementation and Organizational Impact

Authors

  • Bayan Qaddumi Research Center, Amman, Jordan
  • Mariam Alshoaibi Istishari Hospital, Amman, Jordan
  • Doaa Alkhazaleh Director of patient care technicians program, Dr Sulaiman Al Habib Medical Academy, Riyadh, Saudi Arabia
  • Omar Ayaad Quality and Accreditation Department, Sultan Qaboos Comprehensive Cancer Care and Research Centre, University Medical City. Muscat, Oman

DOI:

https://doi.org/10.5281/zenodo.13387063%20

Abstract

 

Background: The rapid evolution of Artificial Intelligence (AI) has introduced unprecedented opportunities and challenges for businesses across various sectors.

Purpose: This study aims to explore the strategic implementation of AI in business, identify the challenges organizations face during AI adoption, assess the impact of AI on business operations and workforce dynamics, and examine the ethical and regulatory considerations associated with AI use.

Methods: A qualitative research design was employed, involving semi-structured interviews with 20 participants from various industries, including manufacturing, retail, finance, healthcare, and technology. Thematic analysis was used to identify key themes related to AI implementation, challenges, and impacts.

Results: The study identified several key themes: the alignment of AI initiatives with business strategy, the significant investment required in AI infrastructure, challenges such as high costs and resource constraints, and the impact of AI on workforce dynamics and operational efficiency. Ethical considerations, including data privacy and algorithmic bias, emerged as critical concerns, while participants expressed optimism about AI's future role in business.

Conclusion: The findings highlight the need for a strategic approach to AI adoption, emphasizing alignment with business goals, careful resource allocation, workforce development, and adherence to ethical and regulatory standards. Businesses that invest in these areas will be better positioned to leverage AI's full potential and navigate the complexities of AI integration.

Keywords: Artificial Intelligence, Business Strategy, Workforce Dynamics, Ethical Considerations, AI Adoption Challenges

Author Biography

Mariam Alshoaibi, Istishari Hospital, Amman, Jordan

 

 

 

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Published

2024-09-01

How to Cite

Qaddumi, B., Alshoaibi, M., Alkhazaleh, D., & Ayaad, O. (2024). Harnessing Artificial Intelligence in Business: A Qualitative Exploration of Strategic Implementation and Organizational Impact. Innovative Multidisciplinary Journal for Science and Technology, 1(1), 10–17. https://doi.org/10.5281/zenodo.13387063

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Articles