Forbes Top 10 Business Trends for 2024: Navigating the Human Side of Business as AI Takes the Wheel

Summary:

This episode of the Thriving Business podcast delves into the 2024 business landscape, spotlighting the top five pivotal trends based on Forbes analysis for the coming year. Firstly, the advent of Generative AI emerges as a powerful force, necessitating companies to formulate clear AI strategies for sustained competitiveness while emphasising AI as a tool, not a replacement. Secondly, in the era of AI dominance, the podcast underscores the heightened importance of soft skills such as empathy, communication, and emotional intelligence. It advocates for strategic investments in training to nurture these skills, recognising their crucial role in attracting top talent, fostering robust relationships, and cultivating a thriving work environment amid the evolving business paradigm.

Key Highlights:

• Sam and Kate discuss the number one trend: AI, and how it can automate tasks and generate content, but human judgement and leadership are still vital.
• Self-awareness and understanding individual strengths and weaknesses (yours and your team's) are crucial for effective collaboration.
• Leaders who inspire, empower, and listen will win over those who dictate and micromanage.
• Disengaged employees are costing our economies billions. Sam and Kate discuss how a focus on values, vision, and meaningful work to boost motivation and productivity.
• Upskilling for jobs of the future is a necessity, not a luxury. Stay ahead of the curve and embrace lifelong learning.

Link to the Forbes article: https://www.forbes.com/sites/bernardmarr/2023/09/25/the-10-biggest-business-trends-for-2024-everyone-must-be-ready-for-now/

Bonus: This new podcast episode references the inspiring movie "Hidden Figures," showing how upskilling can secure future employment.

Remember: In 2024, it's not just about tech and tools. It's about the human magic that makes everything work. Embrace both, and your business will thrive.

Ready to reflect on your own AI strategy and how you can leverage its power while maintaining the human touch? Listen to the podcast now!

Connect with the Women Doing Business Hosts:

Kate De Jong, PhD | Inspired Business

Website: https://katedejong.com/

Instagram: katedejong.inspiredbusiness

Email: kate@katedejong.com

Sam Morris | The Business Implementor

Website: https://thebusinessimplementor.com/

Instagram: sammorris.businesscoach

Email: sam@thebusinessimplementor.com