New Standard of Leadership in the AI Era

Top 3 Business Challenges in the AI World

The faster artificial intelligence evolves, the more challenges companies face when working with data. Instead of streamlining processes, the vast amount of information and variety of tools often just complicate things, making it harder to use data effectively.

In the fast-paced world of AI development, most businesses face these three main pains:

1. Mistrusting AI: Many organizations rely on AI without fully understanding its limitations, leading to incorrect conclusions and decisions.
2. The Illusion of Analytics: Using shallow analytical methods creates the appearance of understanding data, often misleading leadership.
3. Too Many Software Tools: Managers struggle to navigate the overwhelming number of softwares, especially when having to learn a new program each time.

The Power of Being a Data-Driven Manager

In today’s world, professionals need to make data-driven decisions instead of relying on intuition. This requires the ability to analyze information, ask precise questions to analysts, and use visualization tools to gain clear insights. Managers must develop three key skills to work effectively with data:

1. Understanding AI: Basic knowledge of AI and neural networks enables critical evaluation of their outputs and smooth integration into business processes.
2. Analytical Thinking: The ability to interpret data and make well-founded decisions based on it.
3. Data Literacy: The skill to present complex information in a clear and visually engaging format for effective communication with the team and stakeholders.

In the digital age, data is a key resource for decision-making. However, without the right skills and tools, its potential remains untapped. At a time when these skills are becoming essential, turning to seasoned experts in the industry is the best way to acquire and master them, paving the way for career growth.

One such expert is Alex Kolokolov, a seasoned professional with 15 years of experience in business analytics and data visualization. He specializes in delivering BI solutions for businesses and training managers and analysts. Alex Kolokolov’s work, including his latest book and educational initiatives, equips managers and entrepreneurs with the essential knowledge to effectively leverage data in the age of AI.

How The Book Can Help You Quickly Become Data-Driven

“Data Visualization with Power BI,” released in October 2024, offers practical guides and best practices for creating effective dashboards tailored to real-world business needs. Books on data and analytics might seem like a non-innovative topic at first glance, but they often cater to a technical audience. Most publications on Power BI or Tableau are written in highly technical language, making them less useful for managers and executives.

Alex Kolokolov’s mission is to break down this barrier. Unlike purely technical books, his work is designed for a broader audience, including managers without extensive programming knowledge. The book combines step-by-step guides with proven best practices, making complex technologies understandable and easy to apply. It’s a practical tool for managers to harness the power of data and make informed decisions.

Bridging the Gap Between Data and Business

Alex Kolokolov aims to close the gap between technical specialists and business leaders by providing tools and knowledge essential for making informed, data-driven decisions. He took Power BI—one of the most widely used corporate tools—and created a book that makes it accessible to a broad audience.

His approach focuses on the practical application of Power BI. The book combines two key elements: step-by-step guides for beginners and proven best practices for experienced users. This dual approach not only helps readers understand Power BI’s capabilities but also enables them to immediately apply these skills to solve real business challenges.

Leslie B., Head of Analytics at a major corporation, shares: “It’s written from a manager’s perspective. I don’t want to become a data scientist; I want to quickly build interactive reports. Thanks to clear step-by-step guides I have built a sales dashboard using recommended layout and charts. My team was excited, and IT colleagues were envious. They assume I know the secret magic of reporting.”

In the era of AI and big data, information management skills are an essential part of successful leadership and decision-making. Tools like Power BI, combined with the expertise of professionals, transform raw data into actionable insights, driving business growth and enabling effective, sustainable decisions.