The Smart Manager - November-December 2016

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The latest issue of The Smart Manager explores the topic of artificial intelligence and how it is disrupting businesses globally. Philip M Parker, INSEAD, breaks down the nuances of deep learning; Kalpana B, KPMG in India talks about the AI revolution and how it has made inroads into the realm of businesses as well as our everyday lives; Dr Pradeep Pendse, Welingkar Institute, draws the distinction between automated and autonomous enterprises and Leslie Timmy, Revarn Cybernetics shows how bots are the next frontier in AI.
The issue also features articles on innovative topics such as the rise of mobile native advertisements by Shamala D N, InMobi; the concept of using real-time data analytics for surviving in today’s VUCA world by Najeeb Kunil, PPZ, among others. David Collis, of Harvard Business School talks about his ‘lean strategy’, while Bill Munn author of Why Make Eagles Swim? shows how focusing on weaknesses may hinder productivity.
In our regular sections, we have Shawn Hunter, author of Small Acts of Leadership, dispelling certain leadership myths. In First Serve we look at the best customer service practices followed by Acer India while in Vertical Focus we conduct a SWOT analysis of the cybersecurity industry.
Dr Marshall Goldsmith, author of Triggers, examines the environmental and psychological triggers that can derail us at work and in life. Dr Vijay Govindrajan, author
of The Three-Box Solution shows that if the three-box solution is applied diligently and creatively it will help a company preserve its roots, break the chains, and build a sustainable future.
This issue also features an exclusive interview of the author of Nawabs, Nudes, and Noodles, Ambi M G Parameswaran who talks about the impact of advertising on the Indian consumer landscape. Parag Pande, Accenture India showcases how designing effective and exhaustive wellness plans can help businesses achieve both short-term and long-term success. The best practices businesses need to build to make nimbleness ingrained in their culture, elucidates Baba Prasad, Vivékin Group. This issue also explores topics such as impact of social intelligence on businesses and rise of refurbished market that are changing global market dynamics. Bruno Lanvin, INSEAD, talks about the Global Innovation Index and the potential of India to become a key player.
In our regular sections, we have Garrett Sutton, author of Toxic Client, highlighting the ways to identify a problem customer. In First Serve, we look at the customer service practices of BookMyShow.

How AI Has Made Tremendous Inroads Into The Realm Of Businesses!

Artificial Intelligence (AI) is an idea that has oscillated through many hype cycles over many years, as scientists and sci-fi visionaries have declared the imminent arrival of thinking machines. But it seems we’re now at an actual tipping point. AI, expert systems, and business intelligence have been with us for decades, but this time the reality almost matches the rhetoric, driven by the exponential growth in technology capabilities (e.g., Moore’s Law), smarter analytics engines, and the surge in data*.A look at how AI has made tremendous inroads into the realm of businesses as well as our everyday lives.

5 mins

Into the Neural Depths

When you asked Siri to look for the nearest restaurant, did you ever wonder how it actually worked? How could it recognize your speech and fulfill the task? The answer lies in ‘deep learning,’ which multinational companies such as Google and Microsoft are heavily investing in.In an exclusive interview with The Smart Manager, Philip M Parker explores the nuances of this technology and how it is increasingly disrupting businesses.   

8 mins

Machine Power

..what is machine learning, exactly? Stanford University computer science professor Andrew Ng defines it as “the science of getting computers to act without being explicitly programmed.” In fundamental terms, machine learning is a branch of artificial intelligence that is meant to replicate the way humans take in information from their environment to make better-informed choices for the future*. But realistically, will machine learning transform the way businesses are managed?

5 mins

Are Bots The Next Frontier In AI?

As an industry, we are on the cusp of a new frontier that pairs the power of natural human language with advanced machine intelligence—Satya Nadella, CEO of Microsoft said at Build 2016.*The recent launch of Google Allo ushers in an age of chatbots, where companies will increasingly rely on AI-based technologies for providing a seamless and personalized customer service experience. Will bot technology be at the forefront of the AI revolution globally?

5 mins

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The Smart Manager Magazine Description:

The Smart Manager, India's first world-class management magazine, was founded in 2002 by eminent business historian Dr Gita Piramal with Harvard Business School Dean, Prof. Nitin Nohria with the mission of updating managers and business practitioners in India with the latest thought-provoking strategic ideas from experienced, world-class managers, academics and consultants from across the globe. Over the years, the magazine has carried articles authored by illustrious management gurus such as the late CK Prahalad and Sumantra Ghoshal, Jack Trout, Ram Charan, Gary Hamel, Gay Haskins, Jagdish Seth and Lynda Gratton. We believe that "managers are the best teachers of managers" and most of our articles are written in the first person by top-tier CEOs such as Kumaramangalam Birla, Sunil Mittal, Aditya Birla, KV Kamath, Santrupt Mitra, Rajeev Dubey and S Ramadorai. We also have relationships with a number of B-schools around the world, apart from most top-level schools in India.

The Smart Manager hosts the Tata Consultancy Services Smart Manager Case Contest, the most prestigious competition of its kind in the Indian print media. The contest, with a cash prize of INR50,000 per issue, sees wide participation from national and international business managers and students. 
The 'Smart" in The Smart Manager is an acronym for Strategy, Marketing, Analysis, Resources and Technology. Truly useful knowledge when you need it 24 x 365, year after year.