According to Bain’s recent research, most executives consider themselves followers in sustainability, focusing on compliance rather than taking a proactive stance. Only 11% of respondents described themselves as sustainability leaders. At Bain’s Digital Leaders Forum, many executives acknowledged that they still view sustainability as separate from IT, failing to recognize the crucial role technology and data play in monitoring and enabling sustainability progress across the value chain.
However, artificial intelligence (AI) and quantum computing are poised to revolutionize sustainability efforts by tracking emissions and other metrics. For instance, foundation models will tap large amounts of data to pre-train neural networks, generating tools for creative output and pattern recognition that map energy consumption and supply chain networks. As companies navigate these disruptions, senior leaders must develop managerial muscles to orchestrate global transformations, aligning with business leaders and HR to ensure successful adoption.
Firstly, it’s clear that quantum computing will play a crucial role in supporting AI’s massive processing needs. This, in turn, will have significant implications for climate technology, from climate forecasting to emissions tracking. Quantum’s superior processing abilities could make AI cleaner and climate technology smarter.
The article highlights that most executives still consider themselves followers in sustainability, focusing on compliance rather than taking a proactive stance. However, it’s essential to recognize the critical role that tech and data play in monitoring and enabling sustainability progress across the value chain.
IT already accounts for many companies’ scope 1 and 2 emissions, and the additional computing power necessary to run generative AI applications could exacerbate this issue. However, AI will also be vital in managing sustainability by tracking emissions and other metrics.
Quantum computing will further support climate technology by enabling the processing of complex problems, such as climate modeling or developing advanced materials that increase energy efficiency.
To successfully navigate these disruptions, senior executives must develop their capabilities for foresight and adaptability. This requires a global orchestrator who can bring together the various threads of transformation and reprioritize initiatives in service of the company’s strategic ambitions.
The article proposes three overlapping waves of activity to approach this task:
- A developmental agenda requires careful planning, strategic analysis, and clear implementation roadmaps.
- A delivery agenda involves testing, pivoting, and adapting to changing conditions.
- A global orchestration that combines all these initiatives to address the opportunities inherent in disruption.
By adopting this approach, companies can ensure they’re well-prepared to take advantage of the opportunities presented by quantum computing, AI, and climate technology, ultimately driving sustainability and competitive differentiation.
In conclusion, senior executives need to develop their managerial muscles to navigate the complex landscape of disruptive technologies. By doing so, they can unlock the full potential of these innovations and create a more sustainable future for their organizations and the planet.
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