Avery Dennison CIO Nick Colisto

February 17, 2020

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About the Guest

Nick Colisto

CIO of Avery Dennison

Nick Colisto is the VP & CIO of Avery Dennison, a global material sciences and manufacturing firm specializing in designing and manufacturing a wide variety of labeling materials. Headquartered in Glendale, California, the company employs over 30,000 people in roughly 50 countries with revenues of $7.1 billion. As CIO, Nick is responsible for driving and executing an enterprise IT strategy for the company, which includes managing the company’s overall strategy with respect to information technology trends, driving efficiencies across the organization, improving delivery of IT services and products to the business, and building on the company’s existing culture of operational excellence. Prior to joining Avery Dennison, Nick was the SVP & CIO of Xylem Inc, and he was the VP & CIO at K. Hovnanian Companies.

Episode Overview

Nick Colisto discusses how Avery Dennison’s IT team shows its value to other functions by capturing, reporting, and then communicating how IT is contributing value to the company. This process starts by aligning IT’s goals with other functions and influencing how IT can help the company achieve its key strategic pillars over a five-year planning horizon. Moreover, the team has created an IT-value scorecard, which contains metrics regarding health, delivery, outcomes, and agility. Lastly, the team communicates the value it is providing through quarterly business reviews and a well written annual report that communicates the value across the spectrum. We also discuss the three parts of the company’s digital workplace strategy, the education program that the company has put in place, which has sent leaders to UC Berkeley and looks to improve digital literacy throughout the organization, Nick’s take on IoT, AI, and quantum computing, among other topics.

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