Ivan Vekirchyk about AI in the context of strategic planning for companies of the future

KNESS not only actively implements innovations in its own activities, but also willingly shares its experience with entrepreneurs. It is the exchange of knowledge, experience, case studies, and practices that helps Ukrainian businesses develop despite everything. Recently, KNESS’s co-founder Ivan Vekirchyk spoke at a training program “Economic Education for Businesses Affected by the War in Ukraine.” The event brought together entrepreneurs, top managers, and specialists from small and medium-sized businesses in various sectors.

During his speech, Ivan Vekirchyk noted that artificial intelligence has been developing rapidly over the past few years. AI is being extensively implemented in the work processes of companies from various industries. This allows for optimizing the time spent on routine tasks, strengthening cybersecurity, increasing crisis resilience, and expanding business opportunities.

The lecturer paid particular attention to the potential of artificial intelligence in strategy development. Although the practical benefits of AI are not obvious and may initially appear to be mere entertainment, when used correctly and skillfully, it can improve business efficiency and scale it.

“Companies that have integrated and continue to integrate artificial intelligence into their strategic planning are growing three times faster than those that have not” – mentioned Ivan Vekirchyk. 

We always actively participate in such initiatives that contribute to supporting business in Ukraine. We are grateful to the organizers of the training program for creating an effective platform for learning, dialogue, and partnership.

The event was organized by the KIEF Academy on the Ukraine Global Faculty platform in partnership with the Ministry of Economy of Ukraine and with the support of the Ministry of Foreign Affairs of the Kingdom of the Netherlands within the framework of the Private Sector Development Program of the Netherlands Enterprise Agency.