DEVELOPMENT OF STRATEGIC MANAGEMENT COMPETENCE OF EXECUTIVES WITH THE HELP OF INNOVATIVE TECHNOLOGIES
DOI:
https://doi.org/10.1808/pf47yw55Keywords:
Strategic management competence, Executive education, Innovative technologies, Artificial intelligence (AI), Big data analytics, Virtual reality (VR), Blockchain technology, Digital transformation, Decision-making processes, Organizational leadership, Technological integration, Competitive advantage, Organizational success, Learning experiences, Case studies, Business innovation, Data-driven decision-making, Skill development, Global competition, Sustainable growthAbstract
This article investigates the evolving landscape of executive education in strategic management, focusing on the integration of innovative technologies. In a contemporary business environment characterized by rapid technological advancements and global competition, the development of strategic management competence among executives is crucial for organizational success. The study explores how technologies such as artificial intelligence (AI), big data analytics, virtual reality (VR), and blockchain are reshaping traditional approaches to executive education. These technologies offer enhanced learning experiences, real-time insights, and opportunities for collaborative decision-making, thereby empowering executives to navigate complexities and anticipate market trends effectively. The article critically examines challenges such as data privacy concerns and implementation costs, while also proposing strategies to maximize the benefits of technological integration in developing executive competence.
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