Exploring the Impact of AI on Management and Healthcare for Streamlining Operations and Decision‐Making
P. P. Mathur, Ajay Kumar · 2024
Artificial intelligence (AI) is essential for streamlining operations and decision-making procedures. Managers can swiftly examine big datasets, spot patterns, and make data-driven choices thanks to AI sophisticated algorithms, and ML. Artificial intelligence solutions are used for activities like resource allocation, tailored consumer experiences, and predictive analytics in industries like marketing, finance, and human resources. Also, AI has become a disruptive force in healthcare, resulting in unparalleled progress. To understand the dynamics of AI shift across a range of businesses, this study explores the impact of AI on functional areas of management including healthcare for managerial decision-making procedures. The research acknowledges and broadens the application of impact on marketing, human resources, finance, and healthcare. The study revealed the key inputs from AI relating to different functional areas of management. The research delves into specific AI-driven applications and tools that empower managers to streamline operations, optimize resource allocation, and foster innovation within their organizations.