Why AI can never replace humans at strategic planning?
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Although it has its benefits, AI in strategic management can never substitute the human aspect of this complicated profession.
1: Strategy-making requires creativity and intuition
2: Strategy-making involves considering multiple perspectives and inputs
3. Strategy-making often deals with rather complicated and extreme ethical and social issues.
4: Strategy-making is an area of turbulent change and continuity.
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Even with great strength, strategic planning cannot be fully substituted with AI since it does not have detailed, artistic and ethical understanding which is important for such decision making. Strategic planning should not be simply looking into the figures, but also predicting the behavior of people, culture and other external aspects which AI is unable to grasp completely.
For example : During a global crisis like the COVID-19 pandemic, critical strategic choices had to be made regarding the management of public health, economic stability, and social welfare effectiveness. It took a depth of feeling, ethical assessment, and flexibility—qualities that are difficult for AI to emulate.
Further, it is imperative that AI operates within the parameters of the data upon which it has been trained, and as such, it is vulnerable to biases and lacks the ability to predict situations that lie outside those parameters. In the case of initiating high risk business ventures like moving into areas with unstable political environments, strategic planning must take into account local feeling and potential negative impact to image—perspectives that AI could miss out on. Therefore, people, with their natural different perspectives, views, and ethics, are importantly necessary to sustain the sense of and need for strategic planning.
In the clash of Human ingenuity vs AI, the innovative approach becomes pivotal since AI is based on patterns and data, thereby unable to mimic the unique skill of human creativity. AI can analyse and record data effectively, but it is not able to come up with original ideas, interpreting AI limitations in creativity.