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Research Finds GenAI Boosts Project Managers’ Productivity, Collaboration, Creativity, and Effectiveness

Jul 10, 2024 by Mansi 0 Comments #collaboration, #creativity, #Pierre Le Manh, #PMI, #Productivity

July 10, 2024 – A new report from Project Management Institute (PMI), the world’s leading authority for project professionals, explores how high adopters of GenAI (or “trailblazers”) are leading the charge in embracing GenAI, unlocking performance enhancements, advancing GenAI adoption, and sharing their learnings to propel business transformation. The report, “First Movers’ Advantage: The Immediate Benefits of Adopting Generative AI for Project Management,” surveyed 500 project professionals from around the globe, all using GenAI in their project work. Organizations that encourage GenAI adoption see an increased use of GenAI among project professionals, setting the stage for transformative and positive outcomes, including:

· Trailblazers are more productive (93% of trailblazers versus 58% of low adopters or “explorers”), elevating their problem-solving (89% vs. 46%), and more effective (88% vs. 50%) by using GenAI.

 · High adopters are strengthening their interpersonal skills – which PMI calls “power skills.” With GenAI, they are boosting collaboration (83% of trailblazers versus 32% of explorers) and creativity (84% vs. 44%).

 · Using GenAI, high adopters are seeing other project improvements, including project scope (87% trailblazers versus 34% explorers), scheduling (85% vs. 46%), cost (85% vs. 42%) and quality management (91% vs. 40%)

 A study by Microsoft and LinkedIn shows that the use of GenAI doubled in the last few months of 2023, with 75% of knowledge workers using it, a trend PMI has seen explode in its nearly one-million-member community of project professionals.

“Our research shows that GenAI trailblazers know how to maximize adoption to elevate their performance, navigate complex work, and usher in GenAI across their teams. They’re standing out from their peers for their innovative leadership,” said Pierre Le Manh, PMP, President & Chief Executive Officer of PMI. “We want to ensure project professionals who haven’t yet added this technology to their toolbox can quickly get up to speed and benefit from GenAI given its exponential growth.”

 Learning from High Adopters – Bringing Explorers on Board Project professionals leading GenAI adoption are already building strategic advantages over those still in the initial stages:

 · Trailblazers are already mastering the critical skill of prompt engineering, the key to unlocking the full potential of GenAI.
· Trailblazers stand out because they use GenAI for more complex tasks, such as data analysis, planning, and risk management. These high adopters are three times more likely to strengthen their skills with GenAI when compared with explorers (36% vs. 12%).

· High adopters also recognize the importance of actively advocating for organizational adoption.

 “GenAI is transforming every industry, which will create more opportunities for project professionals because they will help organizations implement this disruptive technology,” said Le Manh. “A key insight from the report is that it’s much harder to accelerate adoption without organizational support. Trailblazers are ten times more likely to work for organizations that empower them to use GenAI. It’s these forwarding-thinking organizations and their trailblazing project professionals that are seizing this moment and ready to lead the GenAI revolution.”

 Developing GenAI Resources with Project Professionals in Mind
As the leading authority in project management, PMI has a unique view into a global community of knowledge workers nearly one million strong. This community has enthusiastically embraced both PMI Infinity TM , a GenAI tool developed by PMI, and trainings offered by PMI. Together, PMI and its members are elevating the skills of the profession. In this unique moment in time, those professionals who are actively experimenting with GenAI are sharing their results with their fellow project professionals in the PMI community.

 PMI is poised to launch a series of GenAI prompts, specific to a variety of industries and use cases, as an additional resource for project professionals. Research has shown that effective prompt engineering helps yield stronger quality answers and a better overall GenAI experience.

 Providing a starting point and bridging the gap between trailblazers and explorers, PMI is introducing a Prompt Library to PMI Infinity TM . Project professionals can use PMI Infinity TM as an on-the-job partner that delivers interactive and detailed responses designed for project work.

 The new curated repository of prompts, already vetted by the PMI community, will help users level up projects by providing an accessible entry point for developing precise prompts to support their day-to-day integration of AI into their workflow.

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Women Role Models in STEM Shine at myAvtar Career Conference, 2024

May 27, 2024 by Sujata 0 Comments #“Women in STEM”, #2024, #ACT, #Aditya Birla Group, #AKJ Somaiya Institute Of Management, #and networking for women, #AstraZeneca, #Avtar Group, #Bengaluru, #Bhubaneshwar, #Biocon Biologics Pvt Ltd, #Broadridge Financial Solutions India Limited, #Chennai, #Coimbatore, #collaboration, #Deepti Singh, #Diversity, #Dr Saundarya, #Engineering, #Engineering & Mathematics (STEM), #Equity and Inclusion (DEI) Solutions firm, #Gallagher, #Google Cloud, #Gurgaon, #Happiest Minds Technologies Limited, #HDFC ERGO, #Hyderabad, #IBM, #IBM India, #Indujaa Thangavel, #industry-leading companies, #influence of women in the STEM field, #Johnson & Johnson, #Karnataka Trade Promotion Organization (KTPO), #knowledge exchange, #Kyndryl and Molecular Connections Pvt Ltd, #Learning, #MACC, #Madurai, #Mathematics (STEM), #mentorship, #Moody’s, #MuthuSusithra Devarajan, #myAvtar Career Conference, #myAvtar Career Conference (MACC), #myAvtar Career Conferences, #networking for women, #Nishtha Mahendru, #Priya Kanduri, #professionals, #Publicis Sapient, #Pune, #Renault Nisan Tech, #Saundarya Rajesh, #Science, #sharing, #STEM industry, #Stryker, #Subbulakshmi Ramkumar, #Technology, #Vaijayanthi Srinivasa Raghavan, #Verisk, #Women Role Models in STEM, #Yogita Bhanwaria

STEM Shine at myAvtar Career Conference, 2024

Bengaluru, May, 2024: Avtar Group, India’s leading Diversity, Equity and Inclusion (DEI) Solutions firm, hosted the myAvtar Career Conference (MACC) at Karnataka Trade Promotion Organization (KTPO), Bengaluru today.

myAvtar Career Conference (MACC), the career extravaganza brought together inclusive companies and a vast pool of women talent from the field of Science, Technology, Engineering, Mathematics (STEM) under one roof. Participating Companies included, Aditya Birla Group, Publicis Sapient, Broadridge Financial Solutions India Limited, Moody’s, Renault Nisan Tech, IBM India, Google Cloud, HDFC ERGO, ACT, AstraZeneca, Johnson & Johnson, Gallagher, Happiest Minds Technologies Limited, Stryker, Verisk, AKJ Somaiya Institute Of Management, among many others.

Tailored for Women in Science, Technology, Engineering & Mathematics (STEM), MACC offered a unique platform to connect, collaborate, and converse with like-minded professionals, industry-leading companies, and renowned experts in the industry. The conclave was an ecosystem designed to foster learning, sharing, and networking for women in the STEM field; an opportunity to explore new horizons in the STEM field, to grow personally and professionally, and to unlock a world of possibilities. The conference witnessed a large gathering of students, educators, professionals, and industry leaders who shared their knowledge, experiences, and insights.

Avtar Group also announced the winners of their inaugural “Women in STEM” Awards. This Awards recognize and celebrate the outstanding achievements of women who are making significant strides in the STEM fields. In STEM Icons 15 plus years of work experience category, Vaijayanthi Srinivasa Raghavan Senior Director, UPS India Technology Centre, Priya Kanduri, CTO, SVP – Cyber Security Services, HappiestMinds Technologies Limited, Deepti Singh, Deputy General Manager- Head of Department System Installation, Renault Nissan Tech have received top 3 awards. In STEM Divas 8-15 years of work experience category, Subbulakshmi Ramkumar, Deputy Manager, RNTBCI, Yogita Bhanwaria, Senior Manager, Biocon Biologics Limited, MuthuSusithra Devarajan, Team Manager, Broadridge Financial Solutions have received top 3 awards. In STEM Stars 2-8 years of work experience category, Nishtha Mahendru, Consultant, Applied Innovation Exchange, Capgemini, Nidhi Raut, Sr. Engineer, Renault Nissan Technology Business Centre India (RNTBCI), Indujaa Thangavel, Broadridge Financial Solutions have received top 3 awards.

“One of the key sectors that has the potential to boost women’s workforce participation, is the STEM industry. While 43%of STEM graduates are women, they make up only 28% of the STEM workforce. Moreover, women drop out of the workplace due to childbirth, childcare and elder care. Consequently, only 3 percent of women hold CEO posts in the STEM Industry. While research has established that improving women’s workforce participation can boost India’s GDP by 27%, more women in STEM would set the stage for inclusive innovation and solution designs that are equitable for all. Women have historically been underrepresented in STEM, yet they bring invaluable perspectives and ideas to these fields. MACC awards recognizes the exceptional talent, the brilliance, and diverse perspectives of women in STEM,” said Dr Saundarya Rajesh, Founder – President, Avtar Group announcing the awards at the myAvtar Career Conference today in Bengaluru.

“Through MACC, we are acknowledging the remarkable work being done by women in STEM and also addressing the systemic barriers they face. Our goal is to create an environment where every individual, regardless of gender, has the opportunity to thrive and drive progress,” added Dr Saundarya.

At the conference, three organizations with the “Best Programs for enabling women in STEM” – Biocon Biologics Pvt Ltd, Kyndryl and Molecular Connections Pvt Ltd were also recognized.

In addition to the awards, the myAvtar Career Conferences hosted a series of panel discussions, skilling tracks conducted by IBM, Google Cloud, Johnson & Johnson and Publicis Sapient exclusively for women. The event also provided a platform for knowledge exchange, mentorship, collaboration, further strengthening the presence and influence of women in the STEM field.

The conference hosted in the hybrid mode –saw an attendance of over 3000 women at the on-ground event, while there were over 2000 attendees virtually. Companies opened up jobs from entry-level to senior-level positions across India – Bengaluru, Chennai, Gurgaon, Hyderabad, Pune, Bhubaneshwar, Madurai and Coimbatore.