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Fortune
Fortune
Diane Brady

Cognizant CEO says AI is remaking middle managers into player-coaches who can 'both execute and develop others'

(Credit: Kristy Walker/Fortune)
  • In today’s CEO Daily: Diane Brady talks with Ravi Kumar S. about the broad impact of AI.
  • The big leadership story: Inside Kelly Ortberg’s effort to remake Boeing .
  • The markets: Mixed globally, with European markets staging a rebound.
  • Plus: All the news and watercooler chat from Fortune .

Good morning from Scottsdale, where we are on Day 2 of the Fortune COO Summit. (Follow along on our livestream.) These are the leaders who drive transformation and are often tapped to take over, making up nearly one-third of 234 CEO appointments among the S&P 500 over the past five years, according to BCG. The challenge they face is how to accelerate change without blowing budgets or destroying the house. AI is forcing them to reimagine how they hire, manage, lead and structure their organizations. In some ways, as I discussed with a group of COOs yesterday, automation can make the COO’s job harder.

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