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The potential of AI

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The Potential of AI
How Entrepreneurs Can Find Success
By: Liam, Brad, Rachel, Mia
Agenda
• Career Paths for BBA Graduates
• Skills Required
• Courses to Assist
• Introduction to AI Entrepreneurship
• Business Environment Effects
• Technology
• Sustainability
• Globalization
• How Can We Utilize AI
• Examples
• What AI Will be Capable of
• Summary
• Questions
Career Paths for
BBA Graduates
Entrepreneurship
Skills Required
• Boldness
• Creativity
• Motivated
• Disciplined
• Adaptive
• Self-Aware
Courses to Assist
Entrepreneurs
•
•
•
•
•
•
•
MGMT-4061EL
MKTG-2006EL
FNCE-4007EL
HROB-4051EL
ACCT-3031EL
MKTG-4071EL
MGMT-4071EL
Entrepreneurship
Marketing Management
Investment Management
Interpersonal Skills
External Auditing
Consumer Behavior
Venture Initiation
Introduction to AI
Entrepreneurship
“Artificial intelligence is about to
change how entrepreneurs
start companies—and the odds
of making them successful.”
Bart Ziegler – Wall Street Journal
Business Environment
Effects: Technology
• Growing technology has the
potential to offer numerous
benefits
• Enhanced Productivity
• Improved Healthcare
• Increased Access to Education
Sustainability is a growing concern
Business
Environment
Effects:
Sustainability
Increasing Energy Demands
Business Practice Transformation
Reduction of Natural Resources
New Processes and Techniques
Business
Environment Effects
Globalization
Demand Prediction
Warehouse Management
Physical Inspection of Assets
How Can We
Utilize AI?
Blog Writing
Administrative
Assistance
Brainstorming
Unique Ideas
Survey
Support
Generating
Images
Examples
What will AI be Capable of?
• 70% of Business Activities Managed
by AI by 2030
• Better Faster Decision-Making
Process
• Content Creation and Advertising
• Creation and Development of New
Ideas
Summary
• The BBA Program is very helpful in ensuring future Entrepreneurs
have the skills and knowledge to become an entrepreneur and offers
many courses to assist in doing so.
• The Business Environment has many positive effects on the AI Market
and shows much promise for entrepreneurs who get an early start.
• The future of AI is very bright and can offer many jobs to people as it
advances, it will become much more capable but will only ever be a
tool for humans to use in order to achieve more.
Questions?
References
The 9 essential entrepreneur skills you need to succeed. BDC.ca. (2023, May 8). https://www.bdc.ca/en/articles-tools/business-strategy-planning/managebusiness/9-essential-entrepreneur-skills
Davenport, T. H., & Ronanki, R. (2023, September 15). 3 things AI can already do for your company. Harvard Business Review.
https://hbr.org/2018/01/artificial-intelligence-for-the-real-world
Durth, S., Hancock, B., Maor, D., & Sukharevsky, A. (2023, September 19). The organization of the future: Enabled by Gen Ai, driven by people. McKinsey &
Company. https://www.mckinsey.com/capabilities/people-and-organizational-performance/our-insights/the-organization-of-the-future-enabled-by-gen-aidriven-by-people
Levi-Jakšić, Maja; Jovanović, Milica; Petković, Jasna (2015) : Technology Entrepreneurship in the Changing Business Environment – A Triple Helix
Performance Model, Amfiteatru Economic Journal, ISSN 2247-9104, The Bucharest University of Economic Studies, Bucharest, Vol. 17, Iss. 38, pp. 422-440
Loduca, D. (2021). Centre for Career Design Schulich School of Business BBA/iBBA Employment Report 2021. Schulich School of Business.
https://schulich.yorku.ca/wp-content/uploads/2022/07/CCD_BBA_iBBA_EmploymentReport2021.pdf
Morel, D. (2023, October 5). The Future of Work: How Will Ai Change Business?. Forbes. https://www.forbes.com/sites/davidmorel/2023/08/31/the-futureof-work-how-will-ai-change-business/?sh=42dc78878e7f
Nabaum, A. (2023, October 9). How AI may change entrepreneurship. The Wall Street Journal. https://www.wsj.com/tech/ai/how-ai-changeentrepreneurship-9d77978a
Orozco. (2022). Business Administration (BBA). Laurentian University. https://laurentian.ca/program/business-administration/details
Yec. (2023, October 5). Council post: Five ways entrepreneurs can use artificial intelligence. Forbes. https://www.forbes.com/sites/theyec/2023/05/31/fiveways-entrepreneurs-can-use-artificial-intelligence/
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