Artificial intelligence and geopolitical uncertainty have emerged as the two defining forces shaping boardroom conversations worldwide. While AI presents unprecedented opportunities for growth, productivity and innovation, geopolitical volatility is forcing companies to rethink resilience and risk management.

In this interview with BusinessDay’s Lolade Akinmurele, Dipo Oladehinde and Ayomide Odunlami, Matthias Tauber, Head of Boston Consulting Group (BCG) Europe, Middle East, South America and Africa (EMESA), and Tolu Oyekan, Head of BCG Nigeria, discuss where AI will create the most value, why many organisations are still moving too slowly, how Nigeria could use AI to leapfrog longstanding development constraints, and what business leaders must do to successfully transform their organisations for the next decade.

How can businesses and leaders create value over the next decade through AI adoption and organisational transformation?

Matthias Tauber: Let me start with what is currently top of mind for many CEOs and business leaders. Today, two issues dominate virtually every executive conversation: AI and geopolitics. AI is largely viewed through an offensive lens which entails how to create growth and competitive advantage, while geopolitics is increasingly a defensive issue centred on resilience and risk management.