860: Artificial intelligence (AI) plays a larger role than ever in every aspect of our lives. From businesses to academia, technology leaders must not only learn how to wield these tools but also how to collaborate with them. In this episode of Technovation, Ethan Mollick, Associate Professor of Management at The Wharton School, discusses insights from his latest book “Co-Intelligence: Living and Working with AI” and focuses the conversation around the dynamic interplay between humans and artificial intelligence. Ethan begins by reflecting on his early entrepreneurship journey during the internet boom and his eventual pivot into academia pioneering educational methods using AI and simulations at Wharton Interactive. He shares his research on the implications of AI on work and creativity, demystifies common myths around entrepreneurship, and provides a glimpse into an AI-driven future of entrepreneurship. Furthermore, Ethan delves into the ‘Four Rules of Co-Intelligence’ explained in his book, talks through the variety of roles that AI can play ranging from a co-founder to a tutor, and emphasizes the importance of a proactive and experiential approach to integrating AI into educational and professional environments citing its potential challenges and opportunities.
Learn more about the book “Co-Intelligence”: https://www.penguinrandomhouse.com/books/741805/co-intelligence-by-ethan-mollick/
This interview was recorded in early March 2024.
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859: As the digital landscape continues to evolve rapidly, executives are quick to understand that doing the same thing they did before isn’t going to get them where they need to go in the future. In a panel from our February 2024 Metis Strategy Symposium, Sunbelt Rentals CDTO JP Saini and Grainger CTO Jonny LeRoy join Metis Strategy Co-Head of Research, Media, and Executive Networks Steven Norton in a discussion about digital as an enabler of scale and how these executives are evolving their organizations’ business practices through the integration of technology and people to achieve growth and efficiency. JP and Jonny share insights on their companies’ journeys toward digital transformation, focusing on scaling operations, enhancing customer experiences, and improving predictive maintenance and service quality. These executives also cover the significance of culture, value alignment, and leadership in driving innovation and operational change. The discussion also covers the role of AI in enhancing productivity and decision-making highlighting the practical applications both JP and Jonny have identified and the challenges they’ve encountered in managing the costs of emerging technology. Finally, both technology leaders conclude with strategies they’ve implemented within their organizations for maintaining a forward-looking mindset and inspiring teams to navigate the dynamic landscape of technology and business.
858: The world of travel today is defined by digital experiences and powered by technology. At Marriott, CTO Naveen Manga is leading a digital transformation across the company’s 30 brands to bring guests the digital experiences they desire and transform the hospitality industry as a whole. In this episode of Technovation, Peter High speaks with Naveen about technology transformation and Marriott’s new tech-enabled headquarters, which serves as a symbol of how the company has embraced technology in its corporate strategy. Naveen provides insight into the new technology capabilities his team has delivered, including a revolutionary composable architecture, and a range of other initiatives. Finally, Naveen looks ahead at trends in artificial intelligence and other emerging technologies and shares how he has fostered a culture of innovation in his team to be able to act upon these trends quickly.
857: In the last decade, companies across a variety of industries have experienced the ascent of the as-a-service model. At Nile Secure, Co-Founder and CEO Pankaj Patel has pioneered the category of network-as-a-service featuring built-in security, automation, and continuous monitoring for maximum performance. In this episode of Technovation, Peter High speaks with Pankaj about this category of network-as-a-service and the broader mission of Nile. Pankaj reflects on his early career at Cisco, the challenges he saw in the IT landscape, and how the partnership with Cisco’s former CEO John Chambers led to the eventual establishment of Nile Secure. He also details the market transitions that influenced the company’s founding, the impact of AI and automation in network engineering, and what the future ahead looks like for the industry. Finally, Pankaj looks back on starting a company as a grandfather, balancing family life with work, and the secrets to his career success including early customer interaction and emphasis on team building.
856: With a wide range of levers at their disposal, technology and operational executives are strategically positioned to be masters of speed within their respective organizations. In this episode, we feature a panel from our February 2024 Metis Strategy Digital Symposium where Jen Felch, Chief Digital Officer and Chief Information Officer of Dell, and Mojgan Lefebvre, Chief Technology and Operations Officer of Travelers speak with Peter High about how they drive speed and agility at their companies. Both executives discuss cultivating a culture of speed and innovation on their team, leading the change management associated with the mindset shift toward agility, and the methods they use to accelerate and automate processes within the organization. Jen and Mojgan also dive deeper into the types of technology they are using today and the emerging technologies like advancements in artificial intelligence that are on their radar for the future.
855: As digital capabilities become more important to competitive positioning, companies have begun to rethink the composition of their digital and IT workforces. In a panel from our February 2024 Metis Strategy Digital Symposium, Brink’s Global CIO Neelu Sethi and Zurich North America COO Barry Perkins join Metis Strategy Partner and Central Office Lead Michael Bertha in a conversation about optimizing workforce composition for digital maturity. Tune in to the discussion to hear these executives speak about shifting workforce compositions within their organizations, focusing on storytelling when driving the mindset shift, and the cultural implications of the new composition.
854: The pandemic has caused executives from across industries to think through how to best prepare their organizations for times of uncertainty and develop a digital strategy that fosters resilience. In a panel discussion moderated by Metis Strategy Partner and West Coast Lead Chris Davis, Shobie Ramakrishnan, CDTO of GSK, and Diego Silva, CIO of Gates Corporation, discuss building resilience through technology amid disruption. Shobie, hailing from a long-standing science and pharmaceutical company, emphasizes the importance of innovation and the dual approach of playing offense and defense in digital and technological implementations to impact global health positively. Diego shares insights from Gates Corporation’s manufacturing and materials science advancements, highlighting how investing during downturns can prepare a company for future success. Both executives explore the significance of cybersecurity, AI responsibility, and supply chain management in maintaining a resilient organization and underscore the need to balance investment in innovation with risk management to navigate uncertain times effectively.
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.
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.
