883: Innovation can be transformative for companies in terms of internal productivity and efficiency, but there is often even greater potential in advancing that innovation to productize it for external use. In this episode of Technovation, Peter High interviews Prasanna Gopalakrishnan, Group Chief Technology Officer at Sky Group, about her perspective on the innovation cycle within the company, from value-driven use cases to potential monetization and productization strategies. Prasanna discusses her role, managing technology across multiple markets, and leading an innovation engineering team focused on future-state technology. She highlights the use of AI and data analytics to enhance customer experiences and operational efficiency and considers the potential impact of quantum computing on Sky’s industry. Prasanna also explores the opportunities and challenges of generative AI, particularly in creating personalized sports highlights and addressing IP concerns. Additionally, she emphasizes the importance of hyper-personalization in customer engagement and shares insights into Sky’s strategies for monetizing technological developments. Prasanna also reflects on her global career journey and experiences serving on the board of Tesco Bank, drawing lessons from her extensive background in financial services.
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882: The IT organizations within universities operate similarly to those in the corporate sector, but the role of the technology leader often differs in terms of both authority and responsibility. In this episode of Technovation, Peter High interviews Tom Murphy, the Senior Vice President of Information Technology and University Chief Information Officer at the University of Pennsylvania about the innovation he is driving, the obstacles universities are facing, and more. With over a decade of experience at Penn and multiple tenures as a CIO in the private sector, Tom shares his insights on managing the challenges of a highly decentralized IT function, starting with the successful centralization of the email system, and reflects on the lessons learned in serving a diverse set of constituents. Tom also discusses the significant impact generative AI has had on education and why he believes the future lies in embracing this technology and integrating it into the curriculum with appropriate tools to detect plagiarism and enhance the education process. Drawing from his extensive experience as a technology executive in the corporate world, he reflects on the unique challenges faced when transitioning into higher education, the higher levels of collaboration among peer CIOs at other universities, and the influences these experiences have had on his perspective of a career in IT.
881: Fame is often perceived as a pathway to wealth, popularity, and happiness, but its reality is more nuanced than commonly thought. In this episode of Technovation, Peter High hosts Harvard Professor and author Cass Sunstein to discuss his latest book, ‘How to Become Famous: Lost Einsteins, Forgotten Superstars, and How the Beatles Came to Be.’ Throughout their conversation, Cass explores his method of selecting long-term projects and the creative journey of developing ideas with modest claims to originality into compelling books. He shares insights from his research, including stories of the Beatles’ rise to fame, Taylor Swift and Beyoncé as contemporary examples of fame’s mechanisms, and the lessons from unrecognized talent. Cass also reflects on The Music Lab Experiment, his tenure at the University of Chicago, and his broader career.
880: Few industries are as knowledge-centric as pharma and healthcare, where groundbreaking innovations can positively impact lives and potentially eradicate diseases. In this episode of Technovation, we feature a discussion from our May 2024 Metis Strategy Digital Symposium, where AstraZeneca CDO/CIO Cindy Hoots, Bristol Myers Squibb CDTO Greg Meyers, and Eli Lilly CIDO Diogo Rau explore the profound impact of artificial intelligence on talent management, research and development, and operational efficiencies within the pharma industry. These executives delve into the innovative applications of AI, from improving clinical trials and document generation to enhancing internal workflows and customer service. Discover how these AI pioneers are laying the foundation for a future where AI and human ingenuity drive unprecedented advancements in medicine and patient care.
879: AI can serve as a great enabler of customer experiences and breakthrough innovations, but a lack of preparation and organizational readiness often limits how quickly companies can adopt and leverage AI tools. In this episode of Technovation, we feature a panel from our May 2024 Metis Strategy Digital Symposium where Praveen Jonnala, CIO of CommScope, and Tim Dickson, CDIO of Regal Rexnord, speak with Metis Strategy Partner and Central Office Lead Mike Bertha about how organizations can prepare to leverage AI effectively. The panel explores strategies like the 80/20 principle of organizational readiness at CommScope, the creation and implementation of AI playbooks, and the importance of data quality. Learn about practical approaches to upskilling internal teams, leveraging external partners, and focusing on business-driven AI initiatives.
878: Centuries-old industries like the legal profession and home-building are typically slower to adopt the latest advancements in technology, but even these industries today are taking advantage of the benefits provided by new artificial intelligence tools. In this episode of Technovation, we feature a panel from our most recent Metis Strategy Digital Symposium where Greg Moore, Chief Information Officer at KB Home, and Michael Lucas, Chief Information Officer at Wilson Sonsini discuss the topic of driving digital innovation ahead of disruption with Metis Strategy Partner and West Coast Lead Chris Davis. Greg shares insights into how KB Home uses technology to enhance customer experiences and streamline operations, while Michael explains Wilson Sonsini’s use of AI-driven legal tools to improve service delivery. Both leaders highlight the importance of fostering a culture of continuous learning and adapting to new technologies.
877: Kellogg’s has become a household name in cereals and snack foods. When the company spun off its snack food business as Kellanova in 2023, extensive IT efforts were made to preserve the company’s culture and brand identity. In this episode of Technovation, Lesley Salmon, SVP and Chief Digital and Information Officer of Kellanova, joins Peter High to share insights from her 11-year tenure, detail the challenges and innovations involved in the spin-off of Kellanova from Kellogg’s, and provide a deeper look at the strategic priorities of the new company. She emphasizes the importance of a unified IT team, leveraging cloud strategy for seamless transitions, the creation of dual IT functions, and the integration of AI and machine learning to drive business value. Lesley also discusses fostering a culture of curiosity and innovation, balancing risk with compliance, and maintaining strong global collaboration despite geographical boundaries. She also talks about the unique talent development program YODA that drives this culture of curiosity and how it embraces new ways of working in a global setting. Finally, Lesley looks ahead at the future trends in digital twins and reflects on the keys to her career success.
876: Despite extensive regulations and public health efforts, 1 billion people still smoke today, prompting companies like Philip Morris International (PMI) to develop better alternatives to continued smoking. In this episode of Technovation, Michael Voegele, the Chief Digital and Information Officer of PMI, joins Peter High to discuss the company’s ambitious journey towards creating a smoke-free future and the innovative role of AI and data in this endeavor. Michael talks about PMI’s transformation from a traditional tobacco company to a leader in smoke-free products, driven by significant technological and digital innovations. He shares insights into the role of technology in evolving business models, the importance of data governance in leveraging AI tools, and the people-first approach to fostering a fast-learning organizational culture. Michael also reflects on lessons from his previous experience as Group CIO of Adidas, offers advice on career growth in tech leadership, and looks ahead at trends in AR, VR, and generative AI.
875: Buying a car is often a significant decision for many households, and a process filled with friction only adds to the stress of the customer experience. In this episode of Technovation, Jim Lyski, Chief Strategy and Innovation Officer at CarMax, joins Peter High to discuss the innovations he is driving to enhance customer experience, address information imbalances in the used car industry, and revolutionize the vehicle purchase process. Jim explores the history of CarMax, his role in shaping the company’s direction, and the collaborative culture he fosters within his team. He explains how the company improves customer experiences through its transparent no-haggle pricing model, personalized vehicle recommendations, and virtual showrooms. Jim also emphasizes the importance of responsible AI, detailing the development of an AI Center of Excellence and the necessity of providing accurate data. Finally, Jim discusses the positive impact of a good associate experience on customer satisfaction, looks ahead at future trends in generative AI, and reflects on the keys to his career success.
874: In the realm of payments, integrating an AI assistant can significantly streamline operations and ease the burden on support teams handling common customer inquiries. In this installment of Technovation, Shannon Johnston, Senior Vice President and Chief Information Officer at Global Payments, explores the company’s focus on enhancing internal capabilities and automating processes. Specifically, she delves into the utilization of chatbots for customer service and co-pilots for development teams. Shannon highlights the benefits of these technologies in boosting performance and improving both customer and employee experiences. Additionally, she outlines the implementation of GenAI tools within her organization, stressing the importance of security and privacy. Looking ahead, Shannon discusses the ongoing evolution and refinement of these initiatives while reflecting on the key factors driving her career success.