Workforce economics emerges as AI reshapes the C-suite

The economics of enterprise transformation are pushing finance and human resources into much closer alignment as companies decide where artificial intelligence fits, where people create the most value and how productivity gains should be reinvested. At IBM Corp., that convergence is creating what SVP and CFO Jim Kavanaugh (pictured, left) calls a new discipline of “workforce economics,” bringing financial strategy and human capital decisions together as AI changes workflows and operating models. It also puts the chief financial officer and chief human resources officer at the center of decisions once handled independently. “Today, the economics of business,…