can you help make sure this doesnt get caught for plagarism $.$Recent industry reports predict that GenAI will bring crucial changes to worker efficiency, technology, and decision$-$making in business management. An article from Harvard Business Review explains that GenAI helps managers make better decisions by quickly analyzing large amounts of data and providing insights that might be hard for humans to find by themselves $($Olenick & Zemsky, $2023).$ With AI$$s support, managers can make faster and more informed choices, leading to overall company performance. Additionally, as AI tools like ChatGPT automate routine tasks like scheduling, customer service, and data entry, managers can focus on higher$-$level work that adds more value to the business.

An article from the newspaper Forbes $(2024)$ describes how GenAI is changing consumer relationships by personalizing and simplifying connections. Artificial intelligence $($AI$)$ tools allow businesses to send customized advertisements to customers depending on their preferences and purchases. Maintaining long$-$term client relationships and strong relationships needs this. As a result, managers are taking advantage of these AI tools more often and figuring out how they can include them in their marketing plans. By offering meaningful and relevant messages, they are finding out how to use technology to keep customers interested while improving business effectiveness.

The hiring process for business management is likely to change a lot because of GenAI. According to a Forbes article, AI is predicted to take over some basic tasks like data entry and scheduling, which could lead to some jobs disappearing. But at the same time, this could open new job opportunities, especially for people who are skilled in data analysis or working with AI$.$ Because of this, future business managers will need different skills compared to managers today. They$$ll have to focus on creativity, leadership, and communication, but they$$ll also need to be tech$-$savvy and good with data analysis. To take advantage of AI and make better decisions, managers are required to learn how to work with it$.$ Plus, they$$ll need to think about AI ethics to make sure it$$s being used fairly and responsive

To prepare for changes in the business world, anyone wanting to be a business manager should focus on building new skills. One essential skill is knowing how to work with data, which means understanding what AI tools show and using that info to make better decisions. It$$s also wise for managers to learn how these AI tools work allowing them to use them well. Plus, they should keep improving their leadership and communication skills. As AI takes over simpler tasks, managers will need to spend more time motivating their teams, coming up with new ideas, and making sure AI helps the company.

In conclusion, Generative AI is changing how business management works and it will keep changing. Some jobs might go away, but new ones will pop up$,$ and managers will need to learn new skills to keep up$.$ By focusing on things like understanding data, using AI tools, and being good leaders, future managers can prepare themselves for the new challenges and chances that GenAI will bring.