Contemporary organizations need skilled individuals in addition to having relevant knowledge. Some of these include critical thinking, adaptive leadership, and skillful decision making by man-agers. Nevertheless, current business training strategies which incorporate static analysis of cases and didactic instruction are inadequate for instilling such skills in the learner. Thus, the main objective of this paper is to develop and test an innovative AISL strategy which facilitates such development effectively. The AISL strategy incorporates the following three fundamental AI-driven learning modules: AI-Driven Cognitive Apprenticeship module for developing critical thinking skills through Socratic argumentation; Generative AI-Based Dynamic Case Simulations for developing leadership skills; and finally an AI-Driven Intelligent Competency Assessment Module. As revealed from the quasi-experimental field study (N=1,200) carried out in six differ-ent business settings over 16 months, AISL is more effective than traditional business learning modules for the development of critical thinking skills (Cohen\'s d = 0.82), leader self-efficacy (d = 0.91), and management decision making skills (d = 0.78).