UNRIVALLED EXPERTISE ON A GLOBAL SCALE
3. Artificial intelligence It is impossible to ignore AI, which has become a major issue for today’s businesses. Not only are there a range of complex tools to choose from, but they also involve large sums of money. Decision makers can sometimes inherit projects that are worth millions of dollars for which they have to select AI solutions. The capacity to evaluate these solutions is critical. Managers need to be able to fully understand their value and impact. Simply following market trends is not an option. By learning to make better decisions for their business model, managers can determine how to accommodate the growing use of AI, which is now a reality in many workplaces.
4. Data protection Protecting personal data is one of the top challenges faced in cybersecurity. In Quebec, since September 2023, Law 25 has required that businesses meet strict standards to reinforce data protection and the resilience of IT systems — with stiff fines for those that fail to do so. According to Foucher, data protection has to be a strategic organization-wide effort. He maintains that appointing a chief security officer isn’t the answer. “Everyone has to contribute,” he says. By ensuring that their teams are wel informed, leaders make their business more resilient to digital threats.
hec.ca/en/ee 21
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