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You're not doing something enables a business problem

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to be solved and the work to be

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grown as a company meaning residue.

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The the technology is not worth it, but

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don't you have a discussion.

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Welcome to

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I'm your host, Peter High. My guest today

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is Mike Clifton. Mike's the c chief Executive

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of,

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a global customer experience leader with more than

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90000 employees and nearly 2 and a half

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billion dollars in annual revenue.

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He became c Ceo along with Max Sc

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on May 2 of 20 24.

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Prior to that role, Mike Woo

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chief growth and transformation officer for nearly year

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and a half, and he joined Laura, in

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November of 20 21 as the company's chief

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information and digital officer.

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He's been a Cio or Cto, companies like

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Cognizant or he led technology

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transformation strategy and innovation as well. The Federal

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Home loan Bank of Boston where you at

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operations in addition to the Cio role and

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at the Hanover Insurance group. I look forward

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to hearing more about his past experiences and

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how they've culminated in his taking on the

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C Ceo role of Or, the world tech

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and digital are playing at the company, his

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view into innovation in the in the customer

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experience space and more. Mike, welcome back to.

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Great to speak with you today.

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Thank you, Peter.

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Really appreciate having me back again. So.

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It's a pleasure. It's ARA real pleasure, especially

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in light of this

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promotion of doors.

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Congratulations on on, achieving the the ceo.

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Had a great comment like, Laura.

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Oh, thanks so thanks so much. Yeah. Y.

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I'm sure you

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you might not get a lot of a

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a, techno

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Cios that jump into being c c Ceos

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of of business process or business company, So

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I'm sure we break a conversation.

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I'm looking forward to it for that among

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other reasons. Well, then let's kick in for

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those who may be less familiar with it

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with an overview from you on Caloric business.

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When when we start there. So work as

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a global company. We've got centers

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you know, a... Most of the mainland and

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regions of Philippines

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you know, a lot in Em, of significant

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amount of traction in Latin America Us is

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obviously, a genesis of the business 25 years

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ago. We were now at 20 fifth birthday.

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So it's a celebratory year for us.

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And in Canada. So we grown quite a

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bit. Our core focus as a company is

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obviously, you started with Cx, we are a

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customer experience company and all things customer experience,

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whether that's

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taking a transaction or discussion with a end

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client of our clients in Rev gen or

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things like sales, all the way from companies,

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the largest ones in the world selling great

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technical products to,

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financial instruments to or filling a,

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subscription order or

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food service delivery. So we've got a varying

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degree of number of customers that do that.

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We we bridge those 2 things from a

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customer experience in into technology quite a bit

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in terms of we deliver that service in

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the world class way that we do it,

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on that can span from just the experience

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and how to handle clients in multi channel

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ways all the way up to

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do we think about deflect those calls and

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interacting with sales water systems and fulfilling sales

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enable for clients? So we've got up a

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spectrum that we we move forward to. We

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are not a core back office Bp.

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We spend our time in the middle, and

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in the front. So we distinguish ourselves by

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I mean, world class with the people we've

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got being able to handle high complex transactions

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by having that interaction with those clients people

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technically assisted as well as

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let.

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There aren't a lot of companies that have

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the c Ceo model. There are some major

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ones that have, like Google and Netflix come

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to mind. But the vast majority of companies

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at your scale especially have a single chief

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executive officer.

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What's your role entail and and how is

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it different from the role with the same

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title that Max Sc

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has?

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I I think we get stuck in models

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quite a bit. And models tend to breathe

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consistency and I actually think now is the

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timing of industry where you break consistency. And

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so

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we we decided to break it and follow

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a couple of the early leaders, and I

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think you're gonna see more of this trail

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behind us.

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In our space it's highly complex. It's also

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going through a massive

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transformation,

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being able to attack that in multi dimensional

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ways, is hard for a single person. Usually,

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you're hiring a strategist,

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and that strategist is laying that vision and

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then underneath them are folks that enable that

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outcome.

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What we decided to do was put

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literally 2 big brains,

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minds a little bit larger than Max,

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but in reality, just from a size level

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of my head, but But 2 big brains

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in 1 box and say, look, we're gonna

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focus on speed and efficiency, decision making. We

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are both somewhat data driven individuals. So, we

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like to look at trends and in the

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themes and patents and then use that to

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kind form our hypothesis of things and then

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disprove it which everybody tries to do for

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us. But that helps us with that speed

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and efficiency. It also allows us to a

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pivot point of our industry today

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certainly, we're under the threat of Ai will

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take over the world as as most, either

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conversational or or or machine driven Ai.

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And that itself creates opportunities. So if done

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right with the right kind of thinking, you

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pivot out of this with a much more

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aggressive valued based company. And I think that's

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where we're we're putting our energies towards and

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2 of us doing that in either

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in an organic or inorganic way is really

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how.

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So I got that... That's the real genesis

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of of, I think the changes we've gone

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through in the last month. We're excited about

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it, but I would tell you,

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we have this joke that our wives,

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basically, when the phone rings, they realize that

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it's the other person my myself calling Max

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or Max on me. And they walk away

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quickly and sales to you tomorrow. So so

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we you have to be s bionic and

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the thought process and Make it work. And

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regardless of the choice of this model, You

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do have to find 2

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complimentary

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people.

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To your last point,

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you we don't divide,

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1 mistake would be to

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divide up the

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leadership team and have 2 up focuses is

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where we just have our own domain dominance

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speed the thing we focus on. I actually

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think our best idea idea comes from when

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I might be looking at a situation through

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a lens that I'd look at it in

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my way and max through another 1. Whether

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that's me in a financial instrument or operations

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view or Max and a technology or a

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digital pivot view,

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I think that

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together is what the velocity,

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of the speed of helps quite a bit

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and and we we do that. So it

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it's... I like to say, he likes to

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play devil's advocate on all my decisions and

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activate devil's advocate all his, but it it

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works in a much more way than that,

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but it's it's a great outcome. Fascinating. Really

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interesting, and I love the way you described,

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what you bring to the table based on

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your past.

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In fact, I'd love to delve further into

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it. As I mentioned in the intro, you've

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been a tech and digital leader multiple times

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over at large

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organizations. You've also run P ls.

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Got a lot of customer touch points.

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You've been a consultant to major companies. You've

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had strategy operations,

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transformation roles.

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I wonder how was this diversity of experience

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played into your... Being able to take on

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the role you have now. You have a,

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like, point of toolkit that you can leverage

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depending upon the issue of the day or

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the opportunity you're hoping to define? I get

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asked this a lot. I think I said

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it... When we talked last. I think 1

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of those guys is career Ad b because

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sort of bounce around between all these very

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skill different skilled you know, needed jobs that

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are very different. But I enjoy all of

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it, so it it's hard for me But,

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you know, through the

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the luck, and I'll call it that or

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or actually, just through true risk taking, I

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think, without even realize I was taking risk,

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I was jumping from

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certain paths of building skill into other paths.

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And I think what I got afforded through,

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you know, other great leaders I work for,

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quite frankly. I got... Afforded the opportunity to

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kinda of blend over the line that most

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people don't like to blend over, which is

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I was always technology it's core, but then

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how do I best place to sell it?

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Where's the business objective the technology can enable?

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Then there was the well, how how this

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market different in technical markets? How do I

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understand those and how how to shape a

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technology solution to solve what the market need

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was?

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Than in marketing or in business operations. So

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I've always had this sort of

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desire to take tech as an enabler not

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make tech my job, and that... That's helped

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with getting into markets and sales and

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operations where you're always, you know, enabling someone

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to achieve something. But

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you do have to be a little bit

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of

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little bit of a risk taker knowing that

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your skill set might not be as peak

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when you jump into a situation like you're

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now in sales and you've gotta make a

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quote and an engine work, or your sales

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management, you got lead a lot of people

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to the top of that hill and you

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need to figure the strategy out pretty quickly.

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Think I said to begin beginning, I think

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been afforded

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the luxury and

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maybe I earned the right what I got

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there. But on the way end, they probably,

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like, this is really interesting experiment, but it

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worked out and in both our favors

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but III think I think it... It's what

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makes a round well rounded,

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c Ceo.

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I think Max still does better things than

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I do, and I still do things better.

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In some cases if Max does, We know

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that, but we also are, like, that's interesting.

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Didn't think about it like that. Someone asked

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my another question here that was kind of

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akin to it is how can I follow

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that path, and I'm thinking well give play

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a pin ball, and they said, yeah? I

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said that that's me. Moving around the pin

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ball machine, and I said, I'm not sure

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it's that's the path I'd take. There's probably

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a straighter line somewhere to the success, but

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I'm sure, I wouldn't do that. But to

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00:09:40,304 --> 00:09:42,780
me, it's be bold and take risks and

271
00:09:42,940 --> 00:09:44,858
and tries to move things. And if realize

272
00:09:44,858 --> 00:09:46,376
where your gaps are, I think realize where

273
00:09:46,376 --> 00:09:48,381
your blind spots are, and then don't try

274
00:09:48,381 --> 00:09:49,971
to fill them. Go focus in other places.

275
00:09:50,527 --> 00:09:51,958
And how where you have

276
00:09:52,514 --> 00:09:54,683
or on opposite sides of an issue

277
00:09:55,073 --> 00:09:56,821
how do you... What... What's the tie breaker?

278
00:09:56,980 --> 00:09:58,252
How do you determine which which

279
00:09:59,126 --> 00:10:00,954
which way to go? You know, it's funny.

280
00:10:01,193 --> 00:10:03,219
We were having this debate when

281
00:10:03,676 --> 00:10:06,469
we were we were asked to consider,

282
00:10:07,905 --> 00:10:09,875
the future in a very short amount of

283
00:10:09,994 --> 00:10:10,154
time,

284
00:10:10,871 --> 00:10:12,386
Max and I had this debate about. So

285
00:10:12,386 --> 00:10:13,981
if we were to do this as so

286
00:10:13,981 --> 00:10:14,459
duality,

287
00:10:15,177 --> 00:10:16,394
what's our sort of

288
00:10:16,772 --> 00:10:18,446
unpublished rules or the, you know,

289
00:10:19,019 --> 00:10:20,854
I I was liking it to push the

290
00:10:20,854 --> 00:10:23,806
mark marriage contract look like. You, Who's who's

291
00:10:23,806 --> 00:10:25,242
who's got the ultimate decision.

292
00:10:26,214 --> 00:10:28,612
And, you know, like, any good husband and

293
00:10:28,612 --> 00:10:28,851
wife,

294
00:10:29,491 --> 00:10:31,329
that's usually something that's not visible to the

295
00:10:31,329 --> 00:10:33,167
rest of organization or a family,

296
00:10:33,646 --> 00:10:34,945
but those debates happen

297
00:10:35,259 --> 00:10:37,492
I think we played each other's strengths when

298
00:10:37,492 --> 00:10:39,087
the tie needs to be brought. And it

299
00:10:39,087 --> 00:10:42,220
comes down to gut feel with with longer

300
00:10:42,597 --> 00:10:44,431
durations of a domain knowledge in that area

301
00:10:44,431 --> 00:10:44,931
where

302
00:10:45,245 --> 00:10:47,004
that's likely the answer in the tie breaker.

303
00:10:47,644 --> 00:10:49,504
We often, and I'll just tell you in

304
00:10:49,725 --> 00:10:51,565
the last 2 years working with Max.

305
00:10:52,445 --> 00:10:53,664
There hasn't been

306
00:10:54,138 --> 00:10:55,970
I think more than 1 time where we

307
00:10:55,970 --> 00:10:57,585
might have been at the opposite side

308
00:10:58,280 --> 00:11:00,430
of the answer, and it was really because

309
00:11:00,430 --> 00:11:01,545
we didn't never got data, and it was

310
00:11:01,545 --> 00:11:02,182
frustrating to us.

311
00:11:02,914 --> 00:11:04,669
But 99.9

312
00:11:04,669 --> 00:11:06,423
percent of the time, if what we get

313
00:11:06,423 --> 00:11:09,475
is the data, we probably arrive very closely

314
00:11:09,534 --> 00:11:12,820
to the same outcome pretty rapidly. So We've

315
00:11:12,820 --> 00:11:14,579
been fortunate in that area. Like I said

316
00:11:14,579 --> 00:11:15,879
it has to be a bit of s

317
00:11:16,100 --> 00:11:17,139
nature thinking the same,

318
00:11:17,779 --> 00:11:20,192
but pushing hard. So I think I love

319
00:11:20,192 --> 00:11:22,022
to say, I I make 51 percent most

320
00:11:22,022 --> 00:11:23,772
of decisions, but that's that's okay.

321
00:11:27,369 --> 00:11:29,287
You've already alluded to the fact that customer

322
00:11:29,287 --> 00:11:32,084
experience generally in Alaska specifically have been profoundly

323
00:11:32,084 --> 00:11:35,520
impacted by advances in Ai and generative artificial

324
00:11:35,520 --> 00:11:35,840
intelligence.

325
00:11:36,654 --> 00:11:38,575
I wonder what excites you about the app

326
00:11:38,654 --> 00:11:40,735
Ai you've already implemented and what excites you

327
00:11:40,735 --> 00:11:42,575
as you look to the near future as

328
00:11:42,575 --> 00:11:43,215
to what's ahead.

329
00:11:44,188 --> 00:11:46,808
Yeah. You hit the nail in the head

330
00:11:46,808 --> 00:11:49,191
as to why I think we have a

331
00:11:49,191 --> 00:11:51,573
change in in in Laura, but also what's

332
00:11:51,573 --> 00:11:53,573
made it. Really exciting for for Max and

333
00:11:53,652 --> 00:11:55,399
I and and pretty much the entire leadership

334
00:11:55,399 --> 00:11:57,622
team are calling now. You you can read

335
00:11:58,177 --> 00:12:00,639
or absorb all this material about Ai and

336
00:12:00,639 --> 00:12:03,376
the things that happening with really great technology.

337
00:12:04,543 --> 00:12:06,131
Machines are learning. Could have been for a

338
00:12:06,131 --> 00:12:08,965
while, or they're automating a rules processing or

339
00:12:09,724 --> 00:12:12,940
learning itself, but generative of Ai caused a

340
00:12:13,239 --> 00:12:15,157
conversation to happen that never happened and and

341
00:12:15,157 --> 00:12:16,275
now it's becoming smarter.

342
00:12:16,849 --> 00:12:17,746
A lot faster

343
00:12:18,199 --> 00:12:20,342
than people grew up, you know, it's leap

344
00:12:20,342 --> 00:12:22,034
with 07:10, 15 years

345
00:12:22,645 --> 00:12:24,551
in a year if not more, and and

346
00:12:24,551 --> 00:12:25,845
that's amazing. So

347
00:12:26,234 --> 00:12:27,374
to us, that's a

348
00:12:27,832 --> 00:12:31,028
massive opportunity for our industry, and we are

349
00:12:31,028 --> 00:12:33,286
uniquely kind of position to that industry because

350
00:12:33,665 --> 00:12:36,408
we're not too big. We're not a public

351
00:12:36,544 --> 00:12:38,133
entity. We're not small.

352
00:12:39,245 --> 00:12:40,675
So we have a bit of nimble and

353
00:12:40,675 --> 00:12:43,058
we've got great capacity and financial instruments to

354
00:12:43,058 --> 00:12:43,534
put the work.

355
00:12:44,344 --> 00:12:46,730
Where we can put our best brains around

356
00:12:46,730 --> 00:12:49,753
this accelerator strategy to kinda go after the

357
00:12:49,753 --> 00:12:51,838
market and make the market. We, like I

358
00:12:51,838 --> 00:12:54,071
said, we're not governed by and they're an

359
00:12:54,071 --> 00:12:56,384
overweight portfolio of sites. We're not governed by,

360
00:12:56,543 --> 00:12:58,537
you know, a massive amount of employees with

361
00:12:58,537 --> 00:13:00,770
idle capacity. We are we are an engine

362
00:13:00,770 --> 00:13:03,497
that's very tuned, and our clients that we

363
00:13:03,497 --> 00:13:05,810
work with have belongs and relationships. It's great.

364
00:13:06,288 --> 00:13:08,043
So it affords us an opportunity to be

365
00:13:08,043 --> 00:13:09,319
a bit of a skill builder with them,

366
00:13:09,638 --> 00:13:10,537
you know, we

367
00:13:11,169 --> 00:13:12,850
we look at technologies if you look at

368
00:13:12,850 --> 00:13:13,970
our core, it's Cx.

369
00:13:14,689 --> 00:13:16,449
And then after that core with, you know,

370
00:13:16,689 --> 00:13:19,065
next generation platforms whether they're in the next

371
00:13:19,184 --> 00:13:21,901
cloud, delivered Genesis platform or our Cci at

372
00:13:21,981 --> 00:13:25,417
Google's level, or Microsoft enabled platform with dynamics.

373
00:13:25,896 --> 00:13:27,116
Those are easy

374
00:13:27,669 --> 00:13:29,909
core level experience that we can get 1

375
00:13:29,909 --> 00:13:32,309
level of higher thinking. But then you wrap

376
00:13:32,309 --> 00:13:34,409
that with the next gen Ai around

377
00:13:34,804 --> 00:13:36,479
tools such as coaching tools,

378
00:13:36,958 --> 00:13:39,271
you know, them somatic analytics around the way,

379
00:13:39,510 --> 00:13:43,019
voice and dialect go to voice translation, which

380
00:13:43,019 --> 00:13:45,268
allows us to be a very big in

381
00:13:45,268 --> 00:13:47,045
industry. You know, you're speaking

382
00:13:47,742 --> 00:13:50,215
72 languages on 1 end of the phone.

383
00:13:50,694 --> 00:13:52,391
And on the other, you're hearing a single

384
00:13:52,450 --> 00:13:54,563
unify language in the same dialect tonal

385
00:13:54,942 --> 00:13:57,100
and and fluctuation that you expect to be

386
00:13:57,100 --> 00:13:58,698
on a real call. In real time,

387
00:13:59,257 --> 00:14:01,255
that's a game changer. Right? That that instrument

388
00:14:01,255 --> 00:14:04,211
there. Puts this world of Ai in kind

389
00:14:04,211 --> 00:14:05,957
of a very re way. I would say

390
00:14:05,957 --> 00:14:08,816
technology is an answer. The problem you're trying

391
00:14:08,816 --> 00:14:10,824
to solve is the business region. So

392
00:14:11,133 --> 00:14:13,196
Most people are still chasing a lot of

393
00:14:13,196 --> 00:14:16,052
areas where language portfolios and countries are the

394
00:14:16,052 --> 00:14:18,670
answer. We're looking at tech augmentation and a

395
00:14:18,670 --> 00:14:19,360
skill set

396
00:14:19,718 --> 00:14:21,627
issue, not skill set being the the main

397
00:14:21,627 --> 00:14:22,980
skill set needed for the vertical,

398
00:14:23,776 --> 00:14:26,720
business transactional, you know, B 5 banking or

399
00:14:26,720 --> 00:14:28,414
or retail. So

400
00:14:28,964 --> 00:14:30,743
I think that's gonna have a big

401
00:14:31,202 --> 00:14:33,679
bidding impact on our industry and where Max

402
00:14:33,679 --> 00:14:34,819
and are gonna go

403
00:14:35,198 --> 00:14:38,015
is to apply those principles of using that

404
00:14:38,489 --> 00:14:39,207
to tomorrow at.

405
00:14:40,802 --> 00:14:43,115
And doing it in a very aggressive way.

406
00:14:44,152 --> 00:14:46,385
In almost set the tone we're, you know,

407
00:14:46,545 --> 00:14:48,140
keeping up, is gonna be hard to do.

408
00:14:48,791 --> 00:14:50,856
And our expectation is giving our nimble ness

409
00:14:50,856 --> 00:14:52,444
and our ability with of with what we've

410
00:14:52,444 --> 00:14:54,905
got for for backing to get there faster

411
00:14:54,905 --> 00:14:55,779
than any other the company.

412
00:14:56,509 --> 00:14:58,975
And last piece I'd say, it's disruptive in

413
00:14:58,975 --> 00:15:00,805
the sense of... You know, I was looking

414
00:15:01,123 --> 00:15:02,794
because I've been a technology for a while

415
00:15:02,794 --> 00:15:04,320
as you alluded. It's for quite a month.

416
00:15:04,638 --> 00:15:06,148
You got these waves. Right? Whether you had

417
00:15:06,148 --> 00:15:06,966
a wave of,

418
00:15:07,499 --> 00:15:07,817
you know,

419
00:15:08,612 --> 00:15:10,702
digitization or way way back. You had Y

420
00:15:10,758 --> 00:15:12,348
and you just kinda kept following the same

421
00:15:12,348 --> 00:15:15,411
wave to digitization, then digital took over and

422
00:15:15,469 --> 00:15:17,780
the impacts to retail and now Ai taken

423
00:15:17,780 --> 00:15:20,272
over and whether it's generative or machine or

424
00:15:20,584 --> 00:15:22,913
you know, neural, all of its

425
00:15:23,447 --> 00:15:25,220
got the benefit of helping

426
00:15:25,674 --> 00:15:26,174
foster

427
00:15:26,549 --> 00:15:30,305
tighter relationships, you know, what was easier transactions

428
00:15:30,305 --> 00:15:31,262
sure they're gonna go away.

429
00:15:31,980 --> 00:15:34,132
But when I look at our portfolio business

430
00:15:34,132 --> 00:15:36,524
the depth of our k... Our transactions are

431
00:15:36,524 --> 00:15:37,242
very complex.

432
00:15:38,214 --> 00:15:40,611
They're not a single system or duality. It's

433
00:15:40,611 --> 00:15:42,848
it's a multi system transaction with a client.

434
00:15:43,408 --> 00:15:45,006
And usually it's because I need a human

435
00:15:45,006 --> 00:15:46,856
in the loop. The reality is how do

436
00:15:46,856 --> 00:15:48,792
we enable that to be assisted

437
00:15:49,249 --> 00:15:51,561
and make it that much smarter. And I

438
00:15:51,561 --> 00:15:53,794
believe that means we do that much more

439
00:15:53,794 --> 00:15:55,365
transactions to today. They wouldn't put on our

440
00:15:55,484 --> 00:15:55,804
portfolio.

441
00:15:56,603 --> 00:15:58,441
So the the, you know, the aperture widen,

442
00:15:58,681 --> 00:16:00,679
it doesn't narrow. I think that's the goal,

443
00:16:01,398 --> 00:16:03,396
and we're we're going after it pretty aggressively,

444
00:16:03,476 --> 00:16:05,483
which I think is your point about, you

445
00:16:05,483 --> 00:16:08,661
know, the skill we've got. That's that's where

446
00:16:08,740 --> 00:16:10,409
Max and I and a fine tuning 4

447
00:16:10,409 --> 00:16:12,967
can kinda be applied. Yeah. Really interesting. And

448
00:16:12,967 --> 00:16:14,319
you're kind of alluding to something I wanted

449
00:16:14,319 --> 00:16:15,591
to talk to you about as well. And

450
00:16:15,591 --> 00:16:16,864
that is there are a lot of people

451
00:16:16,864 --> 00:16:19,249
to fear a job loss as a result

452
00:16:19,249 --> 00:16:21,658
there's a result of advances in artificial intelligence

453
00:16:21,888 --> 00:16:24,513
know you've got some Nuance perspectives as you're

454
00:16:24,513 --> 00:16:25,786
beginning to allude to at the end of

455
00:16:25,786 --> 00:16:27,695
your response there on on,

456
00:16:28,984 --> 00:16:30,740
the... That that idea as it applies to

457
00:16:30,740 --> 00:16:32,417
in And the extent which you wish to

458
00:16:32,417 --> 00:16:35,311
po more broadly speaking about this being aperture

459
00:16:35,610 --> 00:16:38,259
expanding as opposed to narrowing and therefore, like,

460
00:16:38,339 --> 00:16:39,538
having the more profound,

461
00:16:40,417 --> 00:16:42,974
you know, profound in near term implications perhaps

462
00:16:42,974 --> 00:16:45,052
there's some fear. Can you can you delve

463
00:16:45,052 --> 00:16:46,251
in a little bit further to what you've

464
00:16:46,251 --> 00:16:47,210
already begun to allude to?

465
00:16:47,863 --> 00:16:49,453
Absolutely. And and we get this a lot

466
00:16:49,453 --> 00:16:52,340
from our... With... Max and I just finished

467
00:16:52,635 --> 00:16:54,385
1 half of the world tour.

468
00:16:55,120 --> 00:16:57,679
And we got to the Philippines and and

469
00:16:57,679 --> 00:16:58,660
and visited

470
00:16:59,840 --> 00:17:02,179
5 of our sites there across the Philippines

471
00:17:02,240 --> 00:17:04,492
in India we visited our sites there. Then

472
00:17:04,492 --> 00:17:06,806
out to Europe and visited sites care. We're

473
00:17:06,806 --> 00:17:08,799
back in the Us hitting Latin America and

474
00:17:08,799 --> 00:17:10,076
in the Us sites next.

475
00:17:10,873 --> 00:17:12,309
And what we were looking for is group

476
00:17:12,309 --> 00:17:13,505
we started this listening tour,

477
00:17:14,236 --> 00:17:16,301
It was really not for us. We we've

478
00:17:16,301 --> 00:17:17,492
been around for a couple of years so

479
00:17:17,492 --> 00:17:19,318
people know us. But in reality, it was

480
00:17:19,318 --> 00:17:20,589
a little bit tell us what's going on

481
00:17:20,589 --> 00:17:22,495
in your heads as as our employees and

482
00:17:22,495 --> 00:17:24,497
we we listen to calls. We, you know,

483
00:17:24,577 --> 00:17:26,486
we talked to our our agents quite a

484
00:17:26,486 --> 00:17:28,633
bit. Did town halls. And then the question

485
00:17:28,633 --> 00:17:30,878
number... Number 1 question it, I seem to

486
00:17:30,878 --> 00:17:33,035
get. There's never where they 1 Max gets,

487
00:17:33,195 --> 00:17:35,373
But I get it is, Ai is gonna

488
00:17:35,512 --> 00:17:37,030
hurt our industry where you think about it.

489
00:17:37,364 --> 00:17:38,559
And I and I was at a bankers

490
00:17:38,559 --> 00:17:41,268
conference this this past few days in New

491
00:17:41,428 --> 00:17:44,216
York, and a lot of our peer Ceos

492
00:17:44,216 --> 00:17:45,890
were there, and they got the same question

493
00:17:45,890 --> 00:17:46,447
from analysts.

494
00:17:47,339 --> 00:17:49,413
And it's an interesting answer. Right? Because it's

495
00:17:49,413 --> 00:17:51,247
all about where you come from in terms

496
00:17:51,247 --> 00:17:51,747
of

497
00:17:52,204 --> 00:17:54,916
how your company is organized and how your

498
00:17:54,916 --> 00:17:56,511
footprint looks to how you might answer that

499
00:17:56,511 --> 00:17:59,070
question and or their private public has another

500
00:17:59,070 --> 00:18:01,452
impact to that. But the reality is,

501
00:18:02,087 --> 00:18:02,326
yes,

502
00:18:03,120 --> 00:18:06,002
if you're today, a company that's taking

503
00:18:06,629 --> 00:18:09,252
order fulfillment questions or answers is, then the

504
00:18:09,252 --> 00:18:11,001
mobile phone took that away a while ago.

505
00:18:12,034 --> 00:18:13,704
So if you were calling for your bank

506
00:18:13,704 --> 00:18:15,794
balance, I'm pretty sure your mobile phone

507
00:18:16,263 --> 00:18:18,195
took it away or your texting and capability

508
00:18:18,252 --> 00:18:21,515
took it away. So that creating fear people

509
00:18:21,515 --> 00:18:22,310
never happened.

510
00:18:23,743 --> 00:18:26,168
It... What happened though was there was an

511
00:18:26,305 --> 00:18:28,536
expectation that those folks... Those people who are

512
00:18:28,536 --> 00:18:30,686
answering or doing those transactions. Now I to

513
00:18:30,686 --> 00:18:33,155
do a different set of transactions. So the

514
00:18:33,155 --> 00:18:33,974
reality of

515
00:18:34,683 --> 00:18:36,510
of what opens the aperture I refer it

516
00:18:36,510 --> 00:18:38,281
to it is, the humans are

517
00:18:38,734 --> 00:18:41,912
the most intelligent piece eating mouthpiece piece of

518
00:18:41,912 --> 00:18:42,548
that equation.

519
00:18:43,199 --> 00:18:45,432
When they are. They're the easiest answer to

520
00:18:45,432 --> 00:18:48,702
solving another human problem because that emotion is

521
00:18:48,702 --> 00:18:50,457
what people want and talking to a person.

522
00:18:50,696 --> 00:18:52,371
They want sympathy that that's happened.

523
00:18:53,579 --> 00:18:55,087
We always will have a human in the

524
00:18:55,087 --> 00:18:55,880
loop in our equation,

525
00:18:56,832 --> 00:18:57,863
assistive technologies,

526
00:18:58,418 --> 00:19:00,979
assistive the that may take a lot of

527
00:19:00,979 --> 00:19:02,417
what that question would be out of the

528
00:19:02,417 --> 00:19:04,015
way so that the last piece of that

529
00:19:04,015 --> 00:19:05,853
can be the shortest transaction. But I have

530
00:19:05,853 --> 00:19:07,611
this concept I talked about the last time

531
00:19:07,611 --> 00:19:08,590
a little bit was

532
00:19:08,903 --> 00:19:10,649
the Nordstrom concept, and I put them at

533
00:19:10,649 --> 00:19:12,316
the top of a pyramid of of the

534
00:19:12,316 --> 00:19:13,426
retail experiment and say,

535
00:19:14,617 --> 00:19:15,434
you are

536
00:19:16,219 --> 00:19:18,866
In always, you would love all of the

537
00:19:18,923 --> 00:19:21,785
capabilities is the best technical ecosystem you have.

538
00:19:22,421 --> 00:19:25,784
The most harmon business processes across the globe

539
00:19:26,255 --> 00:19:27,535
that as you got to the top of

540
00:19:27,535 --> 00:19:29,215
that pyramid and had to talk to an

541
00:19:29,215 --> 00:19:31,295
individual, it's the world class experience.

542
00:19:32,015 --> 00:19:34,674
And if all companies were so well organized

543
00:19:34,735 --> 00:19:37,782
and technology was so well implemented and nobody

544
00:19:37,782 --> 00:19:39,536
ever bought somebody and had to integrate them,

545
00:19:39,934 --> 00:19:41,369
then that would be utopia it would all

546
00:19:41,369 --> 00:19:41,608
load.

547
00:19:42,485 --> 00:19:43,681
That isn't the real world.

548
00:19:44,334 --> 00:19:46,410
What's the real world is we launch business

549
00:19:46,410 --> 00:19:49,283
lines with very short technical needs and try

550
00:19:49,283 --> 00:19:50,641
to see if it has stickiness in the

551
00:19:50,641 --> 00:19:51,918
markets and then we add to as we

552
00:19:51,918 --> 00:19:53,490
go, but we river really round on our

553
00:19:53,609 --> 00:19:54,803
add to it. We just sort of do

554
00:19:54,803 --> 00:19:56,258
what we need to do to keep the

555
00:19:56,474 --> 00:19:59,420
the engine running. So there's always complexity and

556
00:19:59,420 --> 00:19:59,818
everything.

557
00:20:00,375 --> 00:20:02,773
The humans in the loop are likely gonna

558
00:20:02,773 --> 00:20:05,629
be there, the more we continue to refine

559
00:20:05,629 --> 00:20:06,129
that

560
00:20:06,660 --> 00:20:08,350
and use the sister tech

561
00:20:08,659 --> 00:20:11,200
whether Ai or data or any other omni

562
00:20:11,200 --> 00:20:11,994
channel experience,

563
00:20:12,868 --> 00:20:16,363
group voice translation, dialect removal. It's still at

564
00:20:16,363 --> 00:20:17,816
the end of the day. I think

565
00:20:18,525 --> 00:20:20,445
an experience where if you have the best

566
00:20:20,445 --> 00:20:22,445
people doing Cx in a living,

567
00:20:23,164 --> 00:20:24,924
you're gonna get more of that business, and

568
00:20:24,924 --> 00:20:27,105
the only metric I'd leave that with is

569
00:20:27,579 --> 00:20:30,799
today, the market's about a hundred and 23000000000

570
00:20:31,179 --> 00:20:33,419
of which only 20 percent of its outsourced.

571
00:20:34,794 --> 00:20:37,660
If I just maybe Max and I would

572
00:20:37,660 --> 00:20:39,810
like, maybe... I don't know. 10 percent more

573
00:20:39,810 --> 00:20:41,562
in that market would be making a lot

574
00:20:41,562 --> 00:20:42,836
of us in this industry happy.

575
00:20:43,567 --> 00:20:44,997
Which I think is what will happen. Mike,

576
00:20:45,235 --> 00:20:47,935
more more of it will become are you

577
00:20:47,935 --> 00:20:50,079
better at doing this for me than I

578
00:20:50,079 --> 00:20:52,143
might be doing it for myself, or I

579
00:20:52,143 --> 00:20:54,224
would like more of my people inside the

580
00:20:54,224 --> 00:20:56,211
company to be the Nordstrom people, and I

581
00:20:56,211 --> 00:20:58,039
want more of you to be these. That's

582
00:20:58,039 --> 00:21:00,582
fine too. So I think that's the market

583
00:21:00,582 --> 00:21:01,138
to be chased.

584
00:21:01,789 --> 00:21:03,774
And I don't think it's a hand or.

585
00:21:03,933 --> 00:21:05,521
I think it's a plus plus in all

586
00:21:05,521 --> 00:21:05,838
cases.

587
00:21:07,347 --> 00:21:08,935
You you... In in the middle of your

588
00:21:08,935 --> 00:21:10,841
answer, you're you noted this this idea the

589
00:21:10,841 --> 00:21:13,164
best tech ecosystem and developing that. And I

590
00:21:13,164 --> 00:21:15,076
know as you think about the development of

591
00:21:15,076 --> 00:21:16,429
ecosystem, a portion of what you're doing is

592
00:21:16,429 --> 00:21:18,181
actually investing in a number of startups in

593
00:21:18,181 --> 00:21:19,057
this space as well.

594
00:21:19,868 --> 00:21:21,383
And I I wonder what do you look

595
00:21:21,383 --> 00:21:23,295
for in companies that you invest in? And

596
00:21:23,295 --> 00:21:25,288
to what extent is that are you thinking

597
00:21:25,288 --> 00:21:27,541
about those investments in the balance between

598
00:21:27,852 --> 00:21:30,156
potential great returns for the organization as those

599
00:21:30,156 --> 00:21:31,109
companies succeed,

600
00:21:32,062 --> 00:21:34,921
and or the possibility of actually becoming the

601
00:21:34,921 --> 00:21:36,748
acquire of those businesses eventually.

602
00:21:37,399 --> 00:21:39,473
Great question. And, I would love to say

603
00:21:39,552 --> 00:21:41,467
I have every answer here. We figured it

604
00:21:41,467 --> 00:21:42,982
all out. But if I did, I I

605
00:21:42,982 --> 00:21:44,896
probably would be retired and and you'd see

606
00:21:44,896 --> 00:21:47,701
a palm tree behind me. But way Max

607
00:21:47,701 --> 00:21:49,211
and I think about this and and and

608
00:21:49,211 --> 00:21:51,198
I have to include our our Chairman Andy

609
00:21:51,516 --> 00:21:51,754
Lee.

610
00:21:52,549 --> 00:21:54,694
So what we have is a fortunate model

611
00:21:54,694 --> 00:21:57,174
where Max and are are running this company,

612
00:21:57,333 --> 00:21:59,482
and and we've been humbled by the fact

613
00:21:59,482 --> 00:22:01,153
we've got, you know, a hundred thousand people

614
00:22:01,153 --> 00:22:03,063
globally that that look at us every data

615
00:22:03,063 --> 00:22:04,813
strategize and figure out where Shin go.

616
00:22:05,624 --> 00:22:06,503
At the same time,

617
00:22:07,542 --> 00:22:09,140
there's a little bit of worrisome morale where

618
00:22:09,140 --> 00:22:10,578
is this world going in terms of where

619
00:22:10,578 --> 00:22:11,697
it is. So how do we get ahead

620
00:22:11,697 --> 00:22:12,736
of that? Will we investment?

621
00:22:13,708 --> 00:22:16,252
So Andy has a firm in Cairo, which

622
00:22:16,252 --> 00:22:18,240
is a Vc firm. He's also got,

623
00:22:18,875 --> 00:22:21,658
relationships with 2 other major Vc firms. I

624
00:22:21,658 --> 00:22:23,663
have a relationship with some of the ex

625
00:22:23,742 --> 00:22:25,337
Cognizant folks that run 1 of the larger

626
00:22:25,497 --> 00:22:27,571
Bc firms as well. What we've created is

627
00:22:27,571 --> 00:22:28,549
an ecosystem

628
00:22:28,927 --> 00:22:31,958
where early stage investments can help fuel our

629
00:22:31,958 --> 00:22:32,436
our engine.

630
00:22:33,089 --> 00:22:35,019
And then how we think of that portfolio

631
00:22:35,394 --> 00:22:36,847
is how do we be complementary

632
00:22:37,619 --> 00:22:40,004
in our journey, given we're focused and tonight

633
00:22:40,004 --> 00:22:42,721
I I repeat all, we're a Cx company

634
00:22:42,721 --> 00:22:43,756
that digitally enables it.

635
00:22:44,870 --> 00:22:47,336
But how does that lens get applied to

636
00:22:47,336 --> 00:22:49,166
those layers of technology and then how do

637
00:22:49,166 --> 00:22:50,837
we help enable that ecosystem?

638
00:22:51,409 --> 00:22:53,807
For those early players to be, proving ground

639
00:22:53,807 --> 00:22:56,204
and test ground, but also bring that to

640
00:22:56,204 --> 00:22:56,704
clients

641
00:22:57,083 --> 00:22:59,081
and say here's some things that are quite

642
00:22:59,081 --> 00:22:59,960
frankly emerging.

643
00:23:00,694 --> 00:23:02,289
But we would like to show you the

644
00:23:02,289 --> 00:23:03,726
emergence of this as you think of these

645
00:23:03,726 --> 00:23:04,124
journeys,

646
00:23:05,082 --> 00:23:07,076
and see if they're helpful. And if they're

647
00:23:07,076 --> 00:23:10,119
proven I e. Tested and they're there, then

648
00:23:10,119 --> 00:23:12,291
we enabler of that ecosystem. So

649
00:23:13,066 --> 00:23:16,354
that is our philosophy. We have invested

650
00:23:17,540 --> 00:23:19,686
directly in a few that we feel are

651
00:23:19,686 --> 00:23:20,505
very complementary.

652
00:23:21,674 --> 00:23:24,218
The first is is really around the ability

653
00:23:24,218 --> 00:23:26,621
for noise cancellation to be free.

654
00:23:27,815 --> 00:23:28,771
In our industry,

655
00:23:29,727 --> 00:23:32,434
much like in this discussion, background should never

656
00:23:32,434 --> 00:23:32,992
be a problem.

657
00:23:33,722 --> 00:23:36,662
That technology in itself, we invested in,

658
00:23:37,456 --> 00:23:39,203
and it's being perfect protected as we get

659
00:23:39,203 --> 00:23:41,507
more and more off stack. The second is

660
00:23:41,507 --> 00:23:42,778
in dialect removal.

661
00:23:43,589 --> 00:23:45,507
How do we make sure that the client

662
00:23:45,507 --> 00:23:47,505
has the best experience should they choose to

663
00:23:47,505 --> 00:23:49,502
want to use this technology in certain areas

664
00:23:49,502 --> 00:23:51,441
and it also helps very remote

665
00:23:52,872 --> 00:23:54,786
locations in the world be a labor pool

666
00:23:54,786 --> 00:23:57,339
for us. We're very big on on investing

667
00:23:57,339 --> 00:23:58,796
in our people and funding

668
00:23:59,109 --> 00:24:01,342
our people in in our foundation. So we

669
00:24:01,342 --> 00:24:03,176
use those as a way to enable,

670
00:24:03,894 --> 00:24:05,728
geographic areas in the market labor pool that

671
00:24:05,728 --> 00:24:07,562
we could pull in that would be helpful

672
00:24:07,562 --> 00:24:08,041
or assist.

673
00:24:08,614 --> 00:24:10,840
And then the real next big of investment,

674
00:24:11,397 --> 00:24:13,225
I was in the ability to do translation.

675
00:24:13,543 --> 00:24:14,100
I'm a big,

676
00:24:14,736 --> 00:24:17,519
in my headset of strategy and basis of

677
00:24:17,519 --> 00:24:18,210
a voice

678
00:24:18,806 --> 00:24:21,136
I think technology 1 day

679
00:24:21,591 --> 00:24:24,239
will remove the barriers of having phone calls

680
00:24:24,296 --> 00:24:24,853
between nations.

681
00:24:25,903 --> 00:24:28,218
It it will be embedded in switches. It'll

682
00:24:28,218 --> 00:24:30,532
be embedded in applications. It'll be embedded in

683
00:24:30,532 --> 00:24:32,207
cell phones. If you if you see Samsung

684
00:24:32,207 --> 00:24:35,036
amazon, we've already done. Where you're having a

685
00:24:35,174 --> 00:24:35,413
conversation,

686
00:24:36,051 --> 00:24:38,046
like I said earlier on 1 end and

687
00:24:38,046 --> 00:24:39,002
and you might be in,

688
00:24:39,960 --> 00:24:41,874
slow back or Russian or

689
00:24:42,592 --> 00:24:42,911
you know,

690
00:24:43,643 --> 00:24:45,633
English on 1 side and this side of

691
00:24:45,633 --> 00:24:48,657
yours is is is receiving English or Italian.

692
00:24:49,613 --> 00:24:51,921
That is today's tech. I mean, it's perfect.

693
00:24:52,080 --> 00:24:52,557
It's real.

694
00:24:53,609 --> 00:24:55,527
And more of that is just about getting

695
00:24:55,527 --> 00:24:57,285
the nuances by vertical industry.

696
00:24:57,925 --> 00:25:00,722
So how do we put health things there

697
00:25:00,722 --> 00:25:03,095
about acronyms and intact or how do we

698
00:25:03,294 --> 00:25:05,046
look at if you're in, you know, some

699
00:25:05,046 --> 00:25:08,016
of our retail or our entertainment spaces, gaming

700
00:25:08,074 --> 00:25:10,066
and newer Nascar. How do we put those

701
00:25:10,066 --> 00:25:11,898
words in that people would understand when you're

702
00:25:11,898 --> 00:25:15,093
talking about times or, you know, anything that's

703
00:25:15,093 --> 00:25:17,555
kind of nuance, but pure language is there

704
00:25:17,555 --> 00:25:20,755
today. So that piece we've invested heavily in

705
00:25:21,144 --> 00:25:22,895
partly enabled our global strategy,

706
00:25:23,293 --> 00:25:25,124
but also, I think clients are starting to

707
00:25:25,124 --> 00:25:25,624
realize

708
00:25:25,999 --> 00:25:27,591
if this is really where the world will

709
00:25:27,591 --> 00:25:29,501
go, and I always say to clients, there's

710
00:25:29,501 --> 00:25:30,616
always being at the bleeding edge,

711
00:25:31,348 --> 00:25:33,181
and the leading edge, and then the edge.

712
00:25:33,740 --> 00:25:35,334
And I would love for them to listen

713
00:25:35,334 --> 00:25:36,849
to me right now at the bleeding edge

714
00:25:36,849 --> 00:25:39,241
and try some things. No production is fine.

715
00:25:39,734 --> 00:25:41,882
When we get to the next level of

716
00:25:41,882 --> 00:25:44,188
that edge, it's gonna start to become a

717
00:25:44,188 --> 00:25:46,630
realization. Don't miss the opportunity to make that

718
00:25:46,749 --> 00:25:48,976
pilot it something more invasive because eventually, it's

719
00:25:48,976 --> 00:25:50,964
gonna be embedded everywhere and we're gonna have

720
00:25:50,964 --> 00:25:52,497
to figure out how to use it. So

721
00:25:52,713 --> 00:25:54,724
that's a place we're very excited about

722
00:25:55,273 --> 00:25:56,867
and then the last piece is is really

723
00:25:56,867 --> 00:25:59,257
our analytics and them informatics we're data guys.

724
00:25:59,894 --> 00:26:01,727
If you think about what we do in

725
00:26:01,727 --> 00:26:03,639
the billions of transactions, we do a year

726
00:26:03,639 --> 00:26:04,276
for our clients,

727
00:26:04,769 --> 00:26:06,282
we have more insights than anyone else in

728
00:26:06,282 --> 00:26:08,114
the world about, what we could do differently

729
00:26:08,114 --> 00:26:10,264
and make that world better. We should turn

730
00:26:10,264 --> 00:26:13,073
those insights into, you know, in effect

731
00:26:13,543 --> 00:26:13,939
assets,

732
00:26:14,652 --> 00:26:16,317
and we started to do that for clients

733
00:26:16,317 --> 00:26:17,822
now. Where we can start to think about

734
00:26:17,822 --> 00:26:18,560
them mat,

735
00:26:19,090 --> 00:26:20,541
you know, patents around

736
00:26:20,929 --> 00:26:24,184
order tracking, order fulfillment reservation matching,

737
00:26:25,295 --> 00:26:27,994
sentiment back into reservation, matching and hit rates

738
00:26:27,994 --> 00:26:28,494
and

739
00:26:28,804 --> 00:26:30,317
how we start to drive a revenue engine,

740
00:26:30,476 --> 00:26:32,069
which is really what we care about is

741
00:26:32,069 --> 00:26:34,458
the business sign. Right? You're not doing something

742
00:26:34,458 --> 00:26:36,370
enables a business problem to be solved and

743
00:26:36,370 --> 00:26:38,456
the work to be grown a company meeting

744
00:26:38,456 --> 00:26:38,854
residue.

745
00:26:39,412 --> 00:26:41,563
The the technology is not worth it. Don't

746
00:26:41,563 --> 00:26:44,613
you have the discussion? Yeah. You you referenced

747
00:26:44,830 --> 00:26:47,434
clients numerous times in in your response and

748
00:26:47,554 --> 00:26:50,098
I know that your client set includes chief

749
00:26:50,098 --> 00:26:52,562
customer officers or chief revenue officers depending on

750
00:26:52,562 --> 00:26:54,629
how it's framed in an organization, chief operating

751
00:26:54,629 --> 00:26:56,378
officers, cheap digital officers,

752
00:26:57,269 --> 00:26:59,103
you've very specifically have held the first the

753
00:26:59,103 --> 00:27:00,539
the the second and third rule is You'd

754
00:27:00,539 --> 00:27:02,693
had many aspects of the of the first

755
00:27:02,693 --> 00:27:04,939
role as well. And I wonder how useful

756
00:27:04,939 --> 00:27:06,448
has it been to be able to speak

757
00:27:06,686 --> 00:27:09,227
as a former peer to clients and customers

758
00:27:09,227 --> 00:27:09,942
in many cases?

759
00:27:10,736 --> 00:27:13,240
I actually had this discussion with Max and

760
00:27:13,299 --> 00:27:14,339
copy yesterday exited it the way back to

761
00:27:14,339 --> 00:27:17,079
the airport. It's really... It's it's a compliment

762
00:27:17,220 --> 00:27:18,500
to me to be able to sit there

763
00:27:18,500 --> 00:27:20,339
and say, well, as a Cio who's listening

764
00:27:20,339 --> 00:27:22,107
to all Ai of the first thing I'm

765
00:27:22,107 --> 00:27:24,169
thinking about is, how do I get the

766
00:27:24,169 --> 00:27:26,073
skills to be competitive in this area so

767
00:27:26,073 --> 00:27:27,897
that all the consultants that are about to

768
00:27:27,897 --> 00:27:28,952
invade my company

769
00:27:29,499 --> 00:27:31,257
have someone to talk to that can keep

770
00:27:31,257 --> 00:27:33,015
up with them and know what we're being

771
00:27:33,015 --> 00:27:33,734
told, you know,

772
00:27:34,453 --> 00:27:35,811
part of it is the truth and 2

773
00:27:35,811 --> 00:27:36,370
it can be done.

774
00:27:37,421 --> 00:27:38,851
So I was always thinking as a Cio.

775
00:27:39,010 --> 00:27:40,440
You know, we've you always had to be

776
00:27:40,440 --> 00:27:42,347
leading the edge. And you you relied on

777
00:27:42,347 --> 00:27:43,301
consultants as partners,

778
00:27:43,857 --> 00:27:45,287
but you also a bit skeptical.

779
00:27:45,779 --> 00:27:47,772
As a chief digital Officer, you you you

780
00:27:47,772 --> 00:27:49,766
wanted all the ideas. So you're, like, tell

781
00:27:49,766 --> 00:27:51,281
me what's going on. I wanna sponge and

782
00:27:51,361 --> 00:27:52,636
I wanna get the best of them I'm

783
00:27:52,636 --> 00:27:54,071
gonna pick my spots where Invest.

784
00:27:54,963 --> 00:27:56,395
And in the business side on the P

785
00:27:56,395 --> 00:27:56,793
and L,

786
00:27:57,669 --> 00:28:00,533
you you really pitch the dynamic that Max

787
00:28:00,533 --> 00:28:01,727
and I were talking about yesterday,

788
00:28:02,299 --> 00:28:03,891
you really don't care how it happens. You

789
00:28:03,891 --> 00:28:05,404
just want it to happen. Right? So you

790
00:28:05,404 --> 00:28:07,076
you have all these people who care about

791
00:28:07,076 --> 00:28:08,827
the widgets and how they're orchestrated and how

792
00:28:08,827 --> 00:28:11,150
they glued together and know, and can they

793
00:28:11,150 --> 00:28:12,264
can be done can be done in the

794
00:28:12,264 --> 00:28:14,253
timeline? Is it enterprise and scale ready? And,

795
00:28:14,412 --> 00:28:16,798
yes, there are lots of people. And I

796
00:28:16,798 --> 00:28:17,991
was 1 of the or 2 of them

797
00:28:17,991 --> 00:28:19,837
who should worry about this. Then when it's

798
00:28:19,837 --> 00:28:21,191
funny when it gets to the business level.

799
00:28:21,350 --> 00:28:23,659
It's like, this is my problem. I don't

800
00:28:23,659 --> 00:28:25,093
care how you solve it just solve it.

801
00:28:25,252 --> 00:28:26,765
Right? So all the efforts they went in,

802
00:28:26,924 --> 00:28:27,902
it seems so

803
00:28:28,374 --> 00:28:30,528
monumental and at the end, please. Just solve

804
00:28:30,528 --> 00:28:32,683
this problem. It's an asset to me to

805
00:28:32,683 --> 00:28:35,657
have had those skills and tap, but also

806
00:28:35,715 --> 00:28:37,402
feels for the people on the other side

807
00:28:37,402 --> 00:28:39,230
of the table because I kinda know, like,

808
00:28:39,310 --> 00:28:40,821
oh, boy, You know, here here we go.

809
00:28:40,980 --> 00:28:44,002
This is another another consultant speak per s,

810
00:28:44,797 --> 00:28:46,644
around these things, and I'm like, we're we're

811
00:28:46,644 --> 00:28:48,482
gonna be real. We're gonna try do stuff

812
00:28:48,482 --> 00:28:49,441
to get... That matters.

813
00:28:50,400 --> 00:28:52,477
But I'm, I'm, it's a luxury for me

814
00:28:52,477 --> 00:28:53,916
for sure, but it's also quite fun.

815
00:28:55,208 --> 00:28:57,514
That's super interesting. We've already talked about a

816
00:28:57,514 --> 00:28:57,912
number of,

817
00:28:58,946 --> 00:29:00,934
salient trends to a business like yours. You

818
00:29:00,934 --> 00:29:03,319
talked about progression from Rpa to, that machine

819
00:29:03,319 --> 00:29:06,351
learning Ai generative Ai, talked about other aspects

820
00:29:06,351 --> 00:29:07,461
of customer experience,

821
00:29:08,095 --> 00:29:09,229
and the the trends

822
00:29:09,601 --> 00:29:12,058
associated with those as well. Anything else as

823
00:29:12,058 --> 00:29:13,982
you look to the future mike that has

824
00:29:13,982 --> 00:29:14,881
you particularly

825
00:29:15,257 --> 00:29:17,247
excited whether it's tech trend or a business

826
00:29:17,247 --> 00:29:19,716
trend or, of, the skills trend, whatever the

827
00:29:19,716 --> 00:29:20,194
case may be.

828
00:29:21,324 --> 00:29:22,758
I think there's there's a bit of a

829
00:29:22,758 --> 00:29:23,794
spectrum that this

830
00:29:24,351 --> 00:29:25,569
Ai world

831
00:29:26,025 --> 00:29:26,525
started

832
00:29:26,901 --> 00:29:28,734
6 or 8 years ago that I... I

833
00:29:28,734 --> 00:29:30,509
still don't hasn't gotten to

834
00:29:31,297 --> 00:29:33,756
the full maturity at the. I actually, I

835
00:29:33,756 --> 00:29:35,049
was lucky enough to

836
00:29:35,580 --> 00:29:36,532
spend a little time on,

837
00:29:37,326 --> 00:29:38,833
5 or 6 years ago that I still

838
00:29:38,833 --> 00:29:40,860
think when it gets there will be

839
00:29:41,476 --> 00:29:43,388
will be the thing that matters. The the

840
00:29:43,388 --> 00:29:45,141
trend I'm watching and the trend that I'm

841
00:29:45,141 --> 00:29:46,597
in most interested in it is

842
00:29:46,908 --> 00:29:49,366
the reason companies aren't adopting Ai at scale

843
00:29:49,366 --> 00:29:51,665
and production is you're still the level of

844
00:29:51,665 --> 00:29:54,147
compliance risk and security that has to be

845
00:29:54,773 --> 00:29:57,401
thought through. We're talking extensive models and testing

846
00:29:57,401 --> 00:29:59,471
and whether the validity to the answer is

847
00:29:59,471 --> 00:30:01,621
correct today, that's just data and fusion into

848
00:30:01,700 --> 00:30:03,549
Ai today. But that that's by I think

849
00:30:03,549 --> 00:30:04,428
sort step 1.

850
00:30:05,547 --> 00:30:08,104
There's sort of a secondary step of when

851
00:30:08,104 --> 00:30:09,942
the model becomes smart enough and the bounds

852
00:30:09,942 --> 00:30:11,700
and expense are tested, then I feel good

853
00:30:11,700 --> 00:30:13,788
enough production, so we can handle my chat

854
00:30:13,788 --> 00:30:16,201
or my Ai system or my virtual human

855
00:30:16,260 --> 00:30:16,738
meta a human.

856
00:30:17,934 --> 00:30:19,608
But then there's a sort of secondary piece

857
00:30:19,608 --> 00:30:20,347
of this

858
00:30:20,977 --> 00:30:21,215
where...

859
00:30:22,247 --> 00:30:24,469
And years ago, 5, 7 years ago, was

860
00:30:24,469 --> 00:30:26,373
called robots as a service. There's still an

861
00:30:26,373 --> 00:30:27,484
industry out there that lives there.

862
00:30:28,213 --> 00:30:30,359
There's a sort of brain that orchestrate a

863
00:30:30,359 --> 00:30:33,618
number of transactions and the Ai become a

864
00:30:33,618 --> 00:30:34,595
layer of these

865
00:30:34,969 --> 00:30:35,469
these

866
00:30:35,779 --> 00:30:37,135
us that go out and do their work

867
00:30:37,135 --> 00:30:38,969
and come back and report back things are

868
00:30:38,969 --> 00:30:40,963
done. It could be just automations of systems

869
00:30:40,963 --> 00:30:41,601
and integration.

870
00:30:42,319 --> 00:30:43,994
And then there's sort of another layer,

871
00:30:45,524 --> 00:30:47,990
where Rpa became the thing, which was a

872
00:30:47,990 --> 00:30:50,376
model and a process together. Right? So I

873
00:30:50,376 --> 00:30:52,865
think the conversions that happens to make this

874
00:30:52,922 --> 00:30:55,003
industry really what it would be and and

875
00:30:55,003 --> 00:30:57,064
and version 4 got us a little bit

876
00:30:57,064 --> 00:31:00,314
of integration on where, Gb went on version

877
00:31:00,314 --> 00:31:02,868
4. But really where Think it's gonna be

878
00:31:02,868 --> 00:31:05,569
quite interesting is when you start the orchestration

879
00:31:05,569 --> 00:31:06,284
at process,

880
00:31:06,681 --> 00:31:08,588
you can then handle the audit issues.

881
00:31:09,318 --> 00:31:10,829
You can know audit to task,

882
00:31:11,306 --> 00:31:13,849
and you know what a machine does, now

883
00:31:14,008 --> 00:31:15,519
I can start to look at that audit

884
00:31:15,519 --> 00:31:17,921
down to a process level. Now I now

885
00:31:18,080 --> 00:31:20,071
I start to pass the hurdles of internal

886
00:31:20,071 --> 00:31:21,425
adoption quite rapidly.

887
00:31:22,062 --> 00:31:23,416
And then when I get to the next

888
00:31:23,416 --> 00:31:25,408
level, which is sort of the neural network

889
00:31:25,408 --> 00:31:25,647
level.

890
00:31:26,378 --> 00:31:26,878
Where

891
00:31:27,251 --> 00:31:29,791
the brain isn't just a brain. It's it

892
00:31:29,791 --> 00:31:32,331
it's a level of nested processes to start

893
00:31:32,331 --> 00:31:34,712
to think about orchestrating many complex things.

894
00:31:35,283 --> 00:31:37,848
Now a company gets to a level of

895
00:31:37,983 --> 00:31:40,525
what would be today's compliance risk and audit

896
00:31:40,525 --> 00:31:43,328
practice around things to get things done, whether

897
00:31:43,796 --> 00:31:45,859
financial processes are x doesn't matter.

898
00:31:46,811 --> 00:31:48,184
I think that convergence

899
00:31:48,874 --> 00:31:50,485
is when the

900
00:31:50,794 --> 00:31:53,262
world explodes, and and this could be adopted

901
00:31:53,262 --> 00:31:54,615
in mass mass scale.

902
00:31:55,411 --> 00:31:57,162
And I still think we're early. We're still

903
00:31:57,162 --> 00:31:58,458
teaching models. We're still

904
00:31:59,166 --> 00:32:01,707
testing expense. We're still looking at validity. We're

905
00:32:01,707 --> 00:32:04,964
tagging images we're labeling things. We're early.

906
00:32:05,520 --> 00:32:06,655
But I think that

907
00:32:07,284 --> 00:32:09,700
convergence conversion of that process hierarchy

908
00:32:10,397 --> 00:32:11,296
network hierarchy

909
00:32:11,754 --> 00:32:12,233
orchestration layer,

910
00:32:12,952 --> 00:32:15,586
it then becomes what is tomorrow. And I

911
00:32:15,586 --> 00:32:16,086
think

912
00:32:16,480 --> 00:32:18,580
we have to think that way in our

913
00:32:18,960 --> 00:32:19,680
Cx journey.

914
00:32:20,480 --> 00:32:22,080
I think everyone has to think that way

915
00:32:22,080 --> 00:32:23,440
in their systems orchestration.

916
00:32:24,014 --> 00:32:26,585
And I think that will be where cloud

917
00:32:27,598 --> 00:32:30,625
process and sort of Ai become it. And

918
00:32:30,705 --> 00:32:32,718
I think the big players figured it out

919
00:32:33,668 --> 00:32:35,424
now they're trying to figure out how to

920
00:32:35,424 --> 00:32:36,701
put it all together and kind of a

921
00:32:36,701 --> 00:32:37,339
common system,

922
00:32:38,536 --> 00:32:40,372
or enable their system to do is for

923
00:32:40,372 --> 00:32:42,301
a step 1. I think that's where it

924
00:32:42,301 --> 00:32:44,136
will go. That that's stuff I love reading

925
00:32:44,136 --> 00:32:45,433
about, I love

926
00:32:45,970 --> 00:32:48,464
I love learning about and poking around

927
00:32:48,842 --> 00:32:50,198
to see where it could possibly go for

928
00:32:50,198 --> 00:32:50,437
us.

929
00:32:51,329 --> 00:32:53,009
Thinking of reading and and learning.

930
00:32:53,490 --> 00:32:55,730
I wonder if there's anything you've recently read

931
00:32:55,730 --> 00:32:58,289
or washed and or listen to that you

932
00:32:58,289 --> 00:32:59,409
particularly recommend to our audience.

933
00:33:00,144 --> 00:33:01,205
Yeah So

934
00:33:01,664 --> 00:33:04,065
so I'm a v gracious data in gist

935
00:33:04,065 --> 00:33:06,945
guy. Like, I love to read. III

936
00:33:06,945 --> 00:33:08,711
read, like, half of the book, and then

937
00:33:08,790 --> 00:33:10,139
I start reading another half of another book.

938
00:33:10,297 --> 00:33:12,201
So I probably have, like, 6 books in

939
00:33:12,201 --> 00:33:14,185
play at takes time and partly the Ad

940
00:33:14,185 --> 00:33:15,558
piece kicks in. But

941
00:33:16,263 --> 00:33:18,275
The 1 book I I finished with Ceo

942
00:33:18,332 --> 00:33:20,958
excellence, which is 3 Mckenzie Partners Wrote. And,

943
00:33:21,117 --> 00:33:23,107
you know, when I was told this is

944
00:33:23,107 --> 00:33:24,778
the job we we'd like you Max to

945
00:33:24,778 --> 00:33:26,624
do. The first thing I always do is

946
00:33:26,624 --> 00:33:28,614
turn to, you know, where can I ingest

947
00:33:28,614 --> 00:33:30,286
a month large amounts of data to put

948
00:33:30,286 --> 00:33:32,436
up to put a plan together, put my

949
00:33:32,436 --> 00:33:33,964
head around the right kinda of thinking? And

950
00:33:34,044 --> 00:33:35,980
I just have to reshape my head around

951
00:33:36,038 --> 00:33:38,431
this new task in there. So that's been

952
00:33:38,431 --> 00:33:40,425
something. 3 3 Mckenzie people cut, I I

953
00:33:40,425 --> 00:33:41,781
like that book. It was very short, break

954
00:33:41,940 --> 00:33:43,636
Chris, but it had a lot of great

955
00:33:44,503 --> 00:33:45,003
examples

956
00:33:45,851 --> 00:33:46,247
of,

957
00:33:46,723 --> 00:33:49,181
a just dimensional thinking, how how problems were

958
00:33:49,181 --> 00:33:51,425
broken down, you know, with really

959
00:33:51,734 --> 00:33:53,095
you need to do for your company to

960
00:33:53,095 --> 00:33:53,815
set the right path.

961
00:33:54,615 --> 00:33:56,455
But I'm also a history buff. So if

962
00:33:56,455 --> 00:33:58,535
you... If you... If there's a book by

963
00:33:58,615 --> 00:34:00,148
We're ron Cher, call titans,

964
00:34:00,787 --> 00:34:02,703
which I... You know, the Rockefeller World, though,

965
00:34:02,783 --> 00:34:04,459
or if it was in Churchill hills world

966
00:34:04,619 --> 00:34:05,438
I love the

967
00:34:05,976 --> 00:34:07,732
the the world around Churchill show in terms

968
00:34:07,732 --> 00:34:10,217
of what he fought in strategies, So those

969
00:34:10,217 --> 00:34:12,047
are the ones I I am just quite

970
00:34:12,047 --> 00:34:14,434
a bit. In addition to watching all of

971
00:34:14,434 --> 00:34:14,990
your podcasts.

972
00:34:16,995 --> 00:34:17,791
Checks in the mail, Mike.

973
00:34:20,021 --> 00:34:21,693
Well, Mike Clifton and thank you so much

974
00:34:21,693 --> 00:34:23,047
for taking a little time with me yet

975
00:34:23,047 --> 00:34:24,582
again, and congratulations

976
00:34:25,134 --> 00:34:28,246
again on your ascent to the c Ceo

977
00:34:28,246 --> 00:34:29,921
role of Laura. Thanks so much for sharing

978
00:34:29,921 --> 00:34:32,076
a bit about what's exciting you in this

979
00:34:32,076 --> 00:34:32,576
role

980
00:34:33,047 --> 00:34:35,037
the various aspects of your career that have

981
00:34:35,037 --> 00:34:37,425
led to it and and the variety of

982
00:34:37,425 --> 00:34:39,335
insights you shared through this conversation I'm so

983
00:34:39,335 --> 00:34:41,733
grateful for it. Yeah. Thank Great. I'm grateful

984
00:34:41,733 --> 00:34:43,241
for you having. I I... Thank you so

985
00:34:43,241 --> 00:34:43,717
much, peter.