853: Advancing and maintaining digital capabilities can be a tall task especially if for organizations that are not digitally native, or those that have been in existence and operating before the onset of the Digital Age. In this episode of Technovation, we feature a panel from our February 2024 Metis Strategy Digital Symposium with FM Global Chief Strategy & Innovation Officer Srini Krishnamurthy and Northrop Grumman Chief Information Officer John Russell speaking on the topic of advancing digital capabilities in non-digital-native organizations. Both executives discuss their digital strategies, automating processes within their organizations, and the role technology overall plays in the broader corporate strategy. Additionally, these executives share their forward-looking perspectives on the advancement of artificial intelligence, the opportunities it will present, and the challenges that will be faced.
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852: Technology executives within an organization are no longer solely regarded as a support function having had their responsibilities grow into key business decision-makers with a seat at the table. According to Total Quality Logistics (TQL) CIO Ryan Kean, tech execs are “business leaders first and technology leaders second.” In this episode of Technovation, Peter High speaks with Ryan about the massive growth TQL has experienced over the past few years and the elements of his strategy that have helped facilitate that growth. Ryan discusses the broader modernization of the logistics industry, the focus he has placed on people and talent development, and the importance of having a sound data strategy. He also shares the work being done to improve the business user experience for the clients TQL serves, the company’s shift toward a product-oriented approach, and the interplay between automation and process innovation at the company. Ryan dives deeper into the Hackathons TQL hosts to bring about innovative ideas within the company, the advancements in AI that have come from those events, and the emphasis placed on celebrating the successes of talent within the company. Finally, Ryan looks ahead at the broader impacts of trends in emerging technologies and reflects on the keys to his career success.
851: Following the COVID-19 Pandemic, companies operating within the biopharmaceutical space are seeing an increased need to stay ahead of technology trends and keep pace with the speed at which digital technology is evolving. At Danaher, the leading producer of technology and services for biopharma companies, CTO James Ross is leading a digital transformation that sets the foundation for future agility and “innovation at the speed of life.” In this episode of Technovation, Peter High speaks with James about the company’s transformation, the strategic areas of focus for his team, and how he is shifting away from the legacy OpCo model towards an IT-centric model. James also discusses the importance of Danaher’s Data and Analytics Strategy, their exploration of AI tools, and other areas of innovation. Finally, James looks ahead at the trends in technology, reaffirms the growing popularization of the metaverse, and reflects on the keys to success from his career journey.
850: With patient care being the top priority for healthcare providers, offering digital experiences for clients and associates and integrating technology into every aspect of operations is crucial in staying ahead of the competition. In this episode of Technovation, Jane Moran, the Chief Information and Digital Officer at Mass General Brigham, discusses the impact of integrating technology in healthcare. Jane shares her experiences transitioning into the non-profit healthcare sector, the strategic unification of technological operations within Mass General Brigham, and the emphasis on improving patient care through digital innovation. She notes the catalytic effect the pandemic had on digital innovation across industries, explains the advancements that her team has made in identifying use cases for AI tools, and provides a deeper look at the newly founded digital research operations team at the company. Jane also delves into her passion for fostering greater health equity and championing diversity. Finally, she shares her insights on the technology trends that are on her radar and reflects on the keys to her career success.
849: In a world of work defined by remote employees, management skills are crucial for executives to retain talent, develop culture, and achieve success. In this episode of Technovation, host Peter High interviews David Dodson, a seasoned entrepreneur, author, and academic at Stanford Graduate School of Business, to discuss Dodson’s career journey, from his initial foray into investment vehicles called search funds to his ongoing involvement in over 40 businesses. Dodson highlights the importance of entrepreneurship through acquisition and shares the strategy behind the notable success of companies like Apple and Amazon. He also offers in-depth insight on critical skills for a leader gleaned from his book ‘The Manager’s Handbook: Five Simple Steps to Build a Team, Stay Focused, Make Better Decisions, and Crush Your Competition’. These skills include building teams, managing time, using advisors, sticking to priorities, and obsessing over quality. With real-world examples, Dodson highlights how these skills contribute to successful execution and, ultimately, business success.
848: The experience a company delivers to its customers is critical to its success, making it the number one priority for many technology and digital leaders. As such, a paradigm shift is beginning to emerge transitioning from being product-oriented to being experience-oriented. In this episode of Technovation, Ally’s President of Consumer & Commercial Banking Diane Morais and Chief Information, Data, & Digital Officer Sathish Muthukrishnan jointly discuss the digital financial institution’s journey and its focus on being experience-oriented. Throughout the conversation, both executives expand on the company’s digital capabilities they’ve developed and explain how the Ally Technology Operating Model (ATOM) was the answer to creating a better banking experience. Similarly, both Sathish and Diane share details around the One Ally initiative which aims to bring the company’s multiple customer experiences to a single platform powered by data and artificial intelligence. Finally, both executives reflect on the opportunities that have come from challenging times, the innovation process they’ve developed, and the culture of collaboration they’ve fostered to drive forward this experience-oriented mindset.
847: The digital experiences for both customers and employees are experiencing an overhaul thanks to new artificial intelligence tools at executives’ disposal. But what value do these tools provide? In this episode of Technovation, Munir Hafez, CIO of TransUnion, discusses the role that AI is playing at the company and how it is improving the digital experiences the company provides. He explains how he leverages AI tools in business operations, developer workflows, and the overall employee experience. Munir also talks about how he integrates security into the innovation process and how he manages the multitude of integrations coming from the company’s M&A activities. Finally, Munir looks ahead at the trends in technology that he is keeping an eye on and reflects on the keys to his career success.
846: Enterprises are rapidly accelerating their artificial intelligence strategies as new tools emerge, and the executives at these companies are constantly looking for ways AI can solve big problems that have plagued them for decades. Seeing this niche as an opportunity, Gustavo Sapoznik, the founder and CEO of ASAPP, has led the company toward building products that leverage AI/ML tools to solve the world’s most difficult problems. In this interview, Gustavo sits down with Peter High to describe the journey he went through starting up ASAPP, the value it provides companies, and what inspired him to start down the path of entrepreneurship. Throughout his career, Gustavo has gathered many unique insights on the evolution and potential of artificial intelligence and shares some of what he has learned throughout the conversation. More broadly, Gustavo discusses his personal entrepreneurship journey and his advice for those looking to follow in his footsteps.
845: As with most industries, artificial intelligence has had an immeasurable impact on the entrepreneurial journey and the types of offerings being provided to enterprises from start-ups. In this episode of Technovation, Samsara co-founders Sanjit Biswas and John Bicket join Peter High in a conversation about the genesis story behind the company, its rationale for selling into physical operations, and how artificial intelligence is changing the start-up landscape. Both executives explain the role of AI at the company, the convergence of IT and OT within the industrial sector, and how they came to focus on the industrial sector when starting Samsara. They share how they overcame the learning curve associated with operating in an unfamiliar industry, the evolution of generative AI applications within the industrial sector, and how they’ve built their team with the right skills in technology. Finally, they share their lessons from scaling the business to become a publicly traded company, the trends in technology that are on their radar for the future, and the learnings they’ve taken away from their entrepreneurial journey.
844: The railway industry has gone through a number of technological transformations since its inception, and is again transforming to take full advantage of the latest tools available to rail companies. In this episode of Technovation, Judith Apshago, CDO at Amtrak, joins Peter High in a discussion about her team’s efforts in modernizing the company’s legacy systems. Judith explains the method of bringing mobile technology to employees as a way of improving efficiency and productivity as well as implementing sensors and AI tools into newly manufactured fleets in order to ensure safety and security. She also talks about her focus on sustainability and reducing emissions over the next few years. Finally, Judith reflects on her career journey and provides advice for executives looking to grow into a similar role as hers.
