Boardroom priorities are shifting from financial metrics toward technical oversight. Although market share and operational efficiency remain business bedrocks, executives also must now manage the complexities of machine learning, the integrity of their data systems, and the risks of algorithmic bias.
The change represents more than just a tech update; it marks a fundamental redefinition of the skills required for business leadership.
Research from the McKinsey Global Institute on the economic impact of artificial intelligence shows that companies integrating it effectively have boosted profit margins by up to 15 percent. Yet the same study revealed a sobering reality: 87 percent of organizations acknowledge significant AI skill gaps in their leadership ranks.
That disconnect between AI’s business potential and executive readiness has created a need for a new type of professional education.
The leadership skills gap in the AI era
Traditional business education, with its focus on finance, marketing, and operations, wasn’t designed for an AI-driven economy. Today’s leaders need to understand not just what AI can do but also how to evaluate investments in the technology, manage algorithmic risks, and lead teams through digital transformations.
The challenges extend beyond the executive suite. Middle managers, project leaders, and department heads across industries are discovering that AI fluency has become essential for career advancement. In 2020 the World Economic Forum predicted that 50 percent of all employees would need reskilling by 2025, with AI-related competencies topping the list of required skills.
IEEE | Rutgers Online Mini-MBA: Artificial Intelligence
Recognizing the skills gap, IEEE partnered with the Rutgers Business School to offer a comprehensive business education program designed for the new era of AI. The IEEE | Rutgers Online Mini-MBA: Artificial Intelligence program combines rigorous business strategy with deep AI literacy.
Rather than treating AI as a separate technical subject, the program incorporates it into each aspect of business strategy. Students learn to evaluate AI opportunities through financial modeling, assess algorithmic risks through governance frameworks, and use change-management principles to implement new technologies.
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