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DeepSummary
In this podcast episode, Marc Minguella, an Executive Partner at IBM Consulting, discusses the crucial role of customer experience in digital transformation initiatives. He emphasizes that for any transformational project to succeed, it must be accepted and adopted by the end users, whether they are external customers or internal employees. Minguella stresses the importance of co-creating strategies with clients and understanding their 'why' through asking questions and fostering collaboration.
Minguella highlights the potential of AI in creating new business models, revenue streams, and reducing operational costs in industries like financial services. He acknowledges the need for AI governance and ethical frameworks to ensure transparency, explainability, and fairness as AI is deployed at scale. Minguella also discusses the impact of regulations like the EU's AI Act on data governance and the need for companies to create their own AI platforms and models.
The episode also touches upon Minguella's experiences working across different countries and how embracing diverse perspectives enhances problem-solving capabilities. He emphasizes the importance of balancing short-term and long-term goals using frameworks like OKRs and staying updated with rapidly evolving technologies through continuous learning from various sources.
Key Episodes Takeaways
- Customer experience is crucial for the success of any digital transformation initiative, as it determines whether end users (customers or employees) will adopt the project or not.
- Co-creating strategies with clients and understanding their 'why' through effective questioning and collaboration is essential for successful digital transformation.
- AI has the potential to create new business models, revenue streams, and reduce operational costs, but it also requires robust governance frameworks to ensure transparency, explainability, and fairness.
- Regulations like the EU's AI Act will impact data governance and drive the need for companies to create their own AI platforms and models.
- Embracing diverse perspectives and cultures enhances problem-solving capabilities and overall value proposition.
- Balancing short-term and long-term goals through frameworks like OKRs is important for leaders in the rapidly evolving technology landscape.
- Continuous learning and staying updated with the latest technologies and trends is crucial in the fast-paced technology industry.
- Developing a deep understanding of clients' businesses and objectives is essential for successful digital transformation projects.
Top Episodes Quotes
“I think the most basic skill of any consultant, and I consider myself a consultant, is asking questions. There are many people who try to show they know a lot of things, but the most basic skill and the most important skill is asking the proper questions in order to make the customer thing, but also in order to get that information units to work with them.“ by Marc Minguella
― This quote emphasizes Minguella's approach to understanding the 'why' behind a client's digital transformation goals by asking the right questions and fostering collaboration.“The impact is going to be very strong and we are just in the room.“ by Marc Minguella
― This quote highlights Minguella's belief in the huge potential of AI in creating new business models and revenue streams, and how the industry is still in the early stages of AI adoption.“Having multicultural things gives you a lot of power because it gives you different point of views on the same problem, even definition, different definitions of the same problem. And you can provide much more value by adding all those different points of views.“ by Marc Minguella
― This quote highlights Minguella's perspective on the value of embracing diverse perspectives and cultures in problem-solving and enhancing the overall value proposition.
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Episode Information
Marketer of the Month
Outgrow
8/14/24
Marc Minguella is an Executive Partner at IBM Consulting, specializing in Innovation and Digital Transformation with over 20 years of experience. He has a proven track record in defining and executing business and IT strategies for major companies like CaixaBank, Catalonia government, General Electric, Sony, and Panasonic, both as an internal and IBM external consultant across Europe.
On The Menu:
1. Crucial role of customer experience in Digital Transformation.
2. AI’s huge potential, creating new business models and revenue streams.
3. Scaling AI beyond POCs, ensuring ethical governance.
4. Importance of AI and data governance, creating customer-specific models.
5. Embracing diversity in perspectives, and enhancing problem-solving.
6. Using the OKR framework to manage short and long-term goals.
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