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0:00
So everything that we do, every
0:02
initiative that we take on, every
0:04
hackathon that we hold, every new
0:06
piece of emerging technology we investigate
0:08
and we partner with our business
0:10
folks to determine if that can
0:13
provide growth in any one of
0:15
those three ways or in multiple
0:17
of those three ways. Welcome to
0:19
Technovation. I'm your host Peter
0:21
High. I guess today is Tim
0:24
Dixon. Tim is the chief digital
0:26
and information officer of Regal Rexonord.
0:28
a leading industrial solutions company that
0:30
provides motors and power train products
0:32
and earns an excess of $6
0:34
billion annually. Tim has been in his
0:37
role for a little less than
0:39
a year and a half and
0:41
in that role he leads the organization's
0:43
digital and IT functions and is focused
0:45
on advancing real Rex Nord's global digital
0:48
capabilities, enhancing the company's e-commerce customer experience
0:50
while fostering an environment where both customers
0:52
and employees thrive. I look forward to
0:54
learning more about the above through this
0:56
conversation. Prior to his current post, Tim was the
0:59
Chief Information Officer of Generac Power Systems. Tim
1:01
Dixon, welcome back to Technovation. It's great to speak
1:03
with you today. Great to see you guys, Pierre. Thanks for
1:05
having me. My great pleasure. Well, let's begin with your company,
1:07
Regal Rexner. It's maybe not, I mean, a consequential company,
1:09
as I just noted, but maybe not, you know, in front of mind, for everyone
1:11
who would be listening. So why don't you fill in some gaps for those who
1:13
may, for those who may, especially those who may, especially those who may, especially those
1:15
who may know, who may know, who may, who may know, who may know, who
1:17
may, who may, who may know, who may, who may, who may, who may, who
1:19
may, who may, who may, who may, who may, who may, who may, who may,
1:22
who may, who may, who may, who may, know, who may, who may, who
1:24
may, Yeah, great company. So Regal Beloit
1:26
grew up in a town called Beloit,
1:29
Wisconsin, right across the border
1:31
from Illinois. And for 50
1:33
years acquired everything along the
1:36
lines of electric motors and
1:38
engines. We acquired GE's
1:40
engine business. We acquired
1:42
Emerson's motor business. So
1:44
Regal Beloit became a two
1:46
and a half billion dollar
1:48
electric motor engine company.
1:50
And in 2019, my boss, the CEO.
1:52
Join the company and 2021 convinced
1:54
the board to merge with the
1:57
next two largest players of
1:59
our particular. And in
2:01
20 to 21, right after COVID, we
2:03
worked with Rex Nord Industries in downtown
2:05
Milwaukee. And so we moved the headquarters
2:08
from Regal below to downtown Milwaukee. And
2:10
the company became known as Regal Rex
2:12
Nord, as you here today. And that
2:14
was about a four and a half
2:17
billion dollar company. And then right before
2:19
I joined at 2023, we merged with
2:21
a similar player in Europe and Asia
2:23
called Ultra. And so here we are
2:25
three years after that initial sort of
2:28
merger and, you know, six, six plus
2:30
billion dollar industrial manufacturing company up of
2:32
some wonderful tools that are used by
2:34
H-back providers, heat pumps, pool pumps, conveyor
2:37
belts, you know, things along the line
2:39
of industrial manufacturing and have gotten some
2:41
really cool products as have laid with
2:43
some recent acquisitions that bring us into
2:46
the microsurgery space with small little motors.
2:48
engines for autonomous surgery. And as of
2:50
late, we also announced a partnership at
2:52
the end of last year with Honeywell,
2:55
where we'll be co-developing EV-TOL air taxis
2:57
in some of the larger cities here
2:59
coming in a couple of years. So
3:01
from an electric motor company and little
3:04
old regal below, we're taking out some
3:06
big initiatives and trying to do some
3:08
cool things. Thank you so much for
3:10
that history and background. That's certainly a
3:13
fascinating space in which you occupy it.
3:15
It's a fascinating new areas that you've
3:17
got into as well. Absolutely yours. I
3:19
wanted to ask you, I mentioned a
3:21
little bit during the intro about your
3:24
role, but I wanted to have you
3:26
kind of double click on it a
3:28
bit. What is your role as CDIO
3:30
entail? Yeah, so first CDIO in the
3:33
history of the company. They had a
3:35
CIO previously, but not a CDIO. My
3:37
boss and the board felt that it
3:39
was important to determine if digital technologies
3:42
can be used to drive growth at
3:44
a 50 plus year old industrial manufacturing
3:46
company. And so obviously I have in
3:48
my role the I the IT organization
3:51
which I had previously managed at Generac
3:53
I have that in my background. but
3:55
build out of a brand new digital
3:57
strategy, build out of a brand new
4:00
definition of digital for this industrial manufacturing
4:02
company, build out of a brand new
4:04
team and a capability mindset to prove
4:06
that digital can drive growth for the
4:08
company, which we're absolutely trying to do.
4:11
Well, it sounds, I mean, I want
4:13
to linger on that point a bit
4:15
longer, because I know from our past
4:17
conversations, industrial manufacturing is not a high
4:20
growth business organically speaking. And so this
4:22
commitment to... go in a different direction,
4:24
but to establish an additional direction to
4:26
the ones that already has is consequential.
4:29
And it sounds like there was a
4:31
lot of buy-in and from the CEO,
4:33
the executive team, in making sure that
4:35
this was a role that had some
4:38
teeth and an ability to make some
4:40
change. Talk a bit about the company
4:42
you found, you know, a little bit
4:44
shy of a year and a half
4:47
ago and some of the progress you've
4:49
been making in that direction. Yeah, so
4:51
the very first thing I did, and
4:53
once again, list in this space and
4:56
these roles, you take lots of coaching
4:58
and a lot of advice. Sometimes it's
5:00
better to be lucky than good in
5:02
that regard. So I've been fortunate to
5:04
have a lot of good coaches and
5:07
mentors along the way who've been CDIOs.
5:09
And so there was a couple of
5:11
different messages that they gave to me.
5:13
The very first thing that they said
5:16
is you're being brought in to drive
5:18
digital growth for the company, you need
5:20
someone to lead the IT portion, you
5:22
know, the traditional. IT organizations. So one
5:25
of the first things that I did
5:27
was promote the fellow in the organization
5:29
to run. He's now the VP of
5:31
corporate IT. And he takes care mostly
5:34
of an infrastructure, ERP, enterprise applications, the
5:36
things that I owned at my previous
5:38
company. And so now that I put
5:40
him in place and he leads that
5:43
part of the organization, I could put
5:45
a lot of my effort and energy
5:47
and time into the D side, the
5:49
digital side. The build out of the
5:52
team, the alignment around the strategy. the
5:54
prioritization and funding of the programs that
5:56
we're going to pick and choose, the
5:58
ones that will provide this growth. So
6:00
that was a very good bit of
6:03
coaching advice I received that I definitely
6:05
put in. play. The second thing that
6:07
I heard was if you're going into
6:09
an organization that didn't have digital in
6:12
their remit before you have to define
6:14
what digital means for regal record and
6:16
so a year ago or so at
6:18
our leadership conference I took the opportunity
6:21
to the entire organization to define digital
6:23
for the organization and digital for me
6:25
basically is what we do and why
6:27
we do it. So if you think
6:30
on the left hand slide left hand
6:32
side We try to engage in emerging
6:34
technologies, emerging digital technologies, IOT, cloud, e-commerce,
6:36
AI, generative AI, now agented AI, can
6:39
any of these emerging digital technologies drive
6:41
growth in any one of the following
6:43
ways that bring business value to the
6:45
organization? Can these digital technologies allow us
6:47
to get bigger market share and wallet
6:50
share for our existing distributors and customers?
6:52
Can digital technologies allow us to pursue
6:54
new customers in new markets and new
6:56
regions that we hadn't traditionally been there
6:59
before? Or can digital technologies just make
7:01
it easier to do business with Regal
7:03
Wrexord, thus some additional business in some
7:05
way shape or form will come down
7:08
the path later on if it's just
7:10
easy to do business with us in
7:12
some way shape or form? So everything
7:14
that we do, every initiative that we
7:17
take on, every hackathon that we hold.
7:19
every new piece of emerging technology we
7:21
investigate and we partner with our business
7:23
folks to determine if that can provide
7:26
growth in any one of those three
7:28
ways or in multiple of those three
7:30
ways and so that's kind of the
7:32
mission that was a fairly easy alignment
7:35
exercise with that definition people kind of
7:37
get it you kind of look at
7:39
it so yeah that's what that's really
7:41
what we're up to and ultimately it's
7:43
it's up to me and my team
7:46
to prove that out. You
7:48
mentioned that you you promoted somebody
7:50
who was already with the organization
7:52
It sounds like you've built also
7:54
some additional weight in heft in
7:56
the digital side of the business
7:58
Talk a bit about the combination
8:00
of providing and growth opportunities for
8:02
people that were there prior to
8:04
your rival, along with bringing in
8:06
new talents to help you achieve
8:08
the vision that you created. Yeah,
8:10
so I'll just describe my organization
8:12
briefly. So I have that BP
8:14
of corporate IT running the eye
8:16
of the title. I have the
8:18
C cell. So I'm in charge
8:20
of cybersecurity and C cell runs
8:22
an awesome cybersecurity team. I have,
8:24
I brought in the only person
8:26
I actually hired from the outside.
8:28
I brought in a senior director
8:30
of enterprise PMO. there wasn't a
8:32
PMO function in the organization prior
8:34
to joining. And if I'm the
8:36
guy that's bringing in all the
8:38
ideas and quantifying them and prioritizing
8:40
with the business, I had to
8:42
bring this person in who had
8:44
a framework and a methodology to
8:46
bring a demand intake process and
8:48
allow us to to business case
8:50
and ROI and prioritize those initiatives
8:52
with our business partners. So that
8:54
was a muscle that we didn't
8:56
have that's been also for me.
8:58
And then we've got the digital
9:00
side of the organization. I've got
9:02
a director that runs BI and
9:04
AI, AI being new to his
9:06
remit. He was running BI previously.
9:08
I have a director of e-commerce
9:10
and web design, and I also
9:12
have a director of generative AI,
9:14
which a lot of folks don't
9:16
actually have in their organization. So
9:18
I feel fortunate that a person
9:21
I can look to, who's staying
9:23
on top of all the changes
9:25
with generative AI. There are certainly
9:27
a lot of changes going on.
9:29
with generative AI. I'm very lucky
9:31
to have a world-class IT development
9:33
organization in India in Hyderabad and
9:35
that team has been awesome from
9:37
an upskilling perspective. We also had
9:39
a hackathon in India in the
9:41
April time frame. We referred to
9:43
it as our generative AI hackathons,
9:45
a lot of the things that
9:47
hope to talk about here with
9:49
you today, actually came out of
9:51
that hackathon in person in India.
9:53
I would just say I'm very
9:55
thankful for the strategic vendor partners
9:57
that I've brought with me to
9:59
regal. Are they bought into my
10:01
vision? They worked with me before
10:03
most of them. So they know
10:05
my style. They know what I'm
10:07
up to. They know I'm looking
10:09
for big changes and kind of
10:11
game changing ideas. And they have
10:13
upskilled my team on my behalf.
10:15
They've offered free training of various
10:17
different types, self-paced, instructor-led, etc. And
10:19
so let's just say we've brought
10:21
in 10 to 12 new sets
10:23
of technology, new platforms since I've
10:25
been here. A lot of that
10:27
has been through the partnership. of
10:29
those strategic vendor partners. They will
10:31
eventually win business from me if
10:33
they show they're willing to invest
10:35
in my team and in the
10:37
future for the law of home.
10:39
And so it's been a partnership
10:41
with both them and my team
10:43
and the team has really done
10:45
a great job upskilling. I would
10:47
probably say that more, I guess
10:49
more than I originally anticipated, have
10:51
taken on these new skill sets
10:53
and have moved into newer roles
10:55
as a result of that new
10:57
scout skill set gain. through that
10:59
self-paced training. So that is awesome
11:01
to see when you have somebody
11:03
who may have been, you know,
11:05
an SAP data analyst or QA
11:07
tester before that now has been
11:09
some sort of RPA function or
11:11
a genetic AI function or role
11:13
or some sort of leadership role
11:15
leading one of those newer initiatives
11:17
for us. Yeah, fascinating. I appreciate
11:19
that overview and certainly paints a
11:21
good picture as to the changes
11:23
you made. Let's... linger a little
11:25
longer on the point you made
11:27
about the generative AI hackathon that
11:29
you had in India. I would
11:31
love first of all to understand
11:33
why India and not like at
11:35
headquarters or near headquarters for example
11:37
and then of course would love
11:39
to understand kind of the methods
11:41
you use and very importantly the
11:43
fruit of that labor what's what's
11:45
come of it if you wouldn't
11:47
mind. Yeah absolutely so we had
11:49
two hackathons this year one was
11:51
in the US that in Chicago
11:53
my Chicago office and one was
11:55
in India. The reason why we
11:57
chose both is to have an
11:59
in-person event at each of our
12:01
larger locations. And so I have
12:03
a digital team in Chicago and
12:05
I have a digital team in
12:07
India. I have my corporate IT
12:09
team that's here and headquartered in
12:11
Milwaukee with my business partners. but
12:13
I wanted to go where the
12:15
work work would eventually have been
12:17
done as a result of the
12:19
ideas that we created coming out
12:21
of each of those events. And
12:23
so, you know, you want to
12:25
really imagine how much just even
12:27
a year ago, generative AI would
12:29
have taken off. In the January
12:32
hack, we created our first generative
12:34
AI prototype of a Gen AI
12:36
chat bot that now sits out
12:38
on our website called Rexi. It
12:40
has been a huge game changer
12:42
for us to do those things
12:44
that I mentioned before. via the
12:46
additional share of wealth from existing
12:48
customers, pursue new customers and new
12:50
markets who might come to the
12:52
website and want to interact through
12:54
a chat, as opposed to traditional,
12:56
you know, search means or make
12:58
it easier to do business with
13:00
us. You'll be able to purchase
13:02
through a rec see and not
13:04
even have to go to our
13:06
authentic website in the future. So
13:08
that's an example, something that came
13:10
out of hackathon and that now
13:12
is driving huge business value for
13:14
us. From the generative AI perspective
13:16
and in India, I would say
13:18
that we went nuts with bots
13:20
with bots. And anyone who knows
13:22
generative AI knows that you put
13:24
sort of a bot interface on
13:26
top of an LLLM that goes,
13:28
it connects with random different data
13:30
sources, and you have an interaction
13:32
of some sort with that, with
13:34
that application, with that data source,
13:36
with that, with that bot. And
13:38
so we had engineering bots that
13:40
we developed, we had an HR
13:42
bot that we developed, we had
13:44
a service now bot that we
13:46
developed, and so in essence, try
13:48
to determine if you could put
13:50
a. a bot interface, a chat
13:52
bot interface on top of some
13:54
of these legacy applications and drive
13:56
new value, new productivity, time to
13:58
market, speed, morale, with not having
14:00
to integrate on that having to
14:02
interface with the legacy app, have
14:04
to interface via a chat bot
14:06
interface which is more interactive. more
14:08
content, even more videos and things
14:10
of that nature. And so we
14:12
proved that that is the case.
14:14
And what we ended up doing
14:16
as a result is consolidating all
14:18
those applications under one interface internally.
14:20
and we now refer to that
14:22
as RRX GPT, that is the,
14:24
that is the bot interface to
14:26
any internal inquiry of any sort
14:28
inside the company, whether that inquiry
14:30
is to an application or that
14:32
inquiry is to the corporate internet,
14:34
our benefits organization, our DEI programs,
14:36
that that data source comes from
14:38
internal and any employee. new or
14:40
current can use that interface to
14:42
find answers to commonly ask questions.
14:44
So five or 600 people a
14:46
day use this across the organization.
14:48
And for something that would have
14:50
been, let me ping the HR
14:52
person to answer that question. Let
14:54
me ping the engineering lead to
14:56
answer that question. Let me ping
14:58
the engineering lead to answer that
15:00
question. You go to RRXGPT. Ask
15:02
the question you get answer back.
15:04
It's late. And so the productivity
15:06
games have been huge as a
15:08
result of that. So Rexi, generative
15:10
AI, generative AI externally, customer. RxGPT
15:12
internal facing, internal inquiries, internal politics.
15:14
Very, very interesting. And may I
15:16
ask, in behind the scenes, are
15:18
Rexi and RRX, are they driven
15:20
by similar technology or are they
15:22
just completely distinct? There are different
15:24
sets of technology. If you imagine
15:26
a year ago when we were
15:28
having these hackathons, there was a
15:30
lot of discovery going on. There
15:32
was a lot of people trying
15:34
to figure out which platforms were
15:36
going to be here longer term,
15:38
which platforms were here to stay.
15:40
And so in order to get
15:43
educated, we ended up taking a
15:45
bet, if you will, on two
15:47
new vendor partners that hadn't even
15:49
existed before in this space. But
15:51
as a result of them wanting
15:53
to do business with me, them
15:55
wanting to train my teams here
15:57
in the US and India, we
15:59
took a chance and those that
16:01
paid off, but they were purpose-built
16:03
applications for those two. specific use
16:05
cases. Now as we look forward
16:07
in the future and we see
16:09
a lot of consolidation going out
16:11
a lot of these these generative
16:13
AI platforms are going to have
16:15
to play well with other partners
16:17
and other data sources and other
16:19
tools were rethinking that strategy and
16:21
what I would refer to. as
16:23
generative AI 2.0, which is really
16:25
just the second year into the
16:27
journey of geni. And sounds like
16:29
remarkable adoption. You mentioned 500 to
16:31
600 people internally using it on
16:33
a daily basis, for example. Can
16:35
you talk a bit about the
16:37
pathway to educating the team on
16:39
how best to use it or
16:41
how arduous that was, if at
16:43
all? Yeah, so another best practice
16:45
from another mentor, all of these
16:47
new. digital technologies, and we also
16:49
require them to watch. not necessarily
16:51
pass a test, but watch a
16:53
video. And once the video has
16:55
been completed, they will have learned
16:57
how to interact with this new
16:59
tool, this new capability, then we
17:01
give them access to it. And
17:03
so that is just kind of
17:05
a more of a methodical approach
17:07
to make sure they know what
17:09
they're doing, they're educated on powerful
17:11
aspects of the tool, and they
17:13
use it to become more productive
17:15
as a result. Yeah, fascinating. I
17:17
mentioned at the outset, the passion
17:19
you have. in driving improvements in
17:21
the company's e-commerce customer experience. And
17:23
I have to imagine some of
17:25
that is driven through Rexey, for
17:27
example, but wanted to cover that
17:29
topic a bit more specifically to
17:31
understand whether what you and the
17:33
team are working on from an
17:35
e-commerce customer experience perspective. Yeah, so
17:37
ultimately, as the Chief Digital Information
17:39
Officer, I own the face to
17:41
our customers, which is the website,
17:43
and I did not feel that
17:45
that was the face of to
17:47
the customers that I wanted going
17:49
forward. So one of my first
17:51
initiatives. after I joined was a
17:53
complete redesign of the Regal Rexard.com
17:55
home pitch. That is the entry.
17:57
If you know anything about Regal
17:59
Rexner. we have acquired a number
18:01
of product brands and we try
18:03
to showcase those brands through an
18:05
experience that initially gets instantiated and
18:07
initiated through entering into the website.
18:09
So the Regal Rex North brand
18:11
is the brand of the company,
18:13
the brand with the mission and
18:15
vision that you just described who
18:17
we are as a company, our
18:19
values, and we want to make
18:21
that loud and clear. But once
18:23
you identify that you would like
18:25
to search for our products, learn
18:27
more about our solutions. As an
18:29
example, take on Rexine and get
18:31
some images and videos and then
18:33
learn more about our products, then
18:35
we take you down a path
18:37
as personalized and specific to you
18:39
as a customer. And so I
18:41
knew with that vision that a
18:43
redesign of the website just had
18:45
to take place. We came out
18:47
with a new mission division statement
18:49
last year, so there was a
18:52
great opportunity to showcase that on
18:54
the website. We came out with
18:56
a number of different announcements. We
18:58
had an investor day this year
19:00
that was showcased very heavily on
19:02
the website. We came out with
19:04
some new products that obviously we
19:06
showcase. So as a part of
19:08
that initiative, a brand new content
19:10
management system was purchased as a
19:12
result that we've deployed and a
19:14
brand new e-commerce platform because ultimately
19:16
we load our customers to purchase
19:18
our products up to they learned
19:20
how great they are. Just two
19:22
more new platforms that help the
19:24
customer experience be better. Two new
19:26
platforms that help the business sort
19:28
of run the experience and manage
19:30
the experience and personalize the experience
19:32
a little bit better than before.
19:34
But ultimately, I think I said
19:36
these tools were purchased, the experience
19:38
was redesigned as a result of
19:40
ultimately proving the good drive growth
19:42
per company. It's striking,
19:44
Tim, again I mentioned at the outset,
19:46
you've been in role for just a
19:48
bit more than a year, and it's
19:50
remarkable to think about the change that
19:53
you've enacted in a year's time and
19:55
the improvements and the demonstrated progress that
19:57
you're describing. Can you talk a bit
19:59
about, were there any pleasant surprises along
20:01
the way that this? organization could in
20:03
fact digest all of this this change
20:05
and the improvements you and your team
20:07
are driving. Yeah so I would say
20:10
probably the the nicest surprise that you
20:12
know with with AI and generative AI
20:14
that you have to have your data
20:16
in order it's got to be connected
20:18
and consolidating and cleansed segmented if you
20:20
will and so when I joined I
20:22
had been a user of a Microsoft
20:24
Azure customer prior had a little bit
20:26
of knowledge of snowflake but when I
20:29
had joined I inherited a snowflake architecture
20:31
and platform of which the data journey
20:33
had already begun and so the team
20:35
had actually decided that with all of
20:37
these acquisitions that we had done in
20:39
the past it was probably makes sense
20:41
to integrate all the company's data into
20:43
one data platform and they were doing
20:46
that for integration. purposes. And when I
20:48
joined, I saw the work that had
20:50
been doing, I immediately thought, what a
20:52
perfect foundation, consistent consolidated global data platform
20:54
for AI and generative AI. So kind
20:56
of once again, sometimes better be lucky
20:58
than good, I believe we have been
21:00
able to do so much from both
21:03
an AI, you know, predictive modeling perspective
21:05
and a generative AI perspective, and soon
21:07
to be a gentic AI perspective, as
21:09
a result of the hard work the
21:11
team has done to clean, data, which
21:13
is a tough, rigorous, sometimes painful, sometimes
21:15
manual job. So they put the hard
21:17
work in and now we're reaping the
21:20
benefits of that hard work as well.
21:22
Well, that's really great. It's good to
21:24
give credit where credits do as well
21:26
there. We're having this conversation, Tim, relatively
21:28
early in 2025. And as you look
21:30
to the year ahead or maybe even
21:32
beyond the year ahead, what are some
21:34
other areas topics trends that excite you?
21:37
Yeah, so I there's a lot going
21:39
on up there that you could probably
21:41
tell and people can get distracted and
21:43
people could take on too much if
21:45
you don't have the right process and
21:47
methodology and model to kind of stay
21:49
on top of the technology, evaluate the
21:51
ones that you think could move the
21:54
needle and then actually bring them in
21:56
and deploy them and get the value.
21:58
So I love that entire life cycle.
22:00
Like I love that entire end-to-end life
22:02
cycle, if you will, of discovery, business
22:04
partnership, idea generation, you know, proof of
22:06
concept prototyping, deployment, and then obviously. getting
22:08
the value in the best conversations that
22:10
I have with my boss and my
22:13
peers are when we show the value
22:15
has been attained or achieved in some
22:17
way shape or form that wouldn't have
22:19
happened otherwise if we didn't follow along
22:21
in this methodology in model. So I
22:23
look forward to taking that same model
22:25
to new heights with with a gentic
22:27
AI as an example. We've had a
22:30
few that have come through this this
22:32
intake process, this prioritization process. that are
22:34
really going to do wonders for both
22:36
customer service reps and sales agents. I
22:38
think you know enough about a gentic
22:40
where that can automate a lot of
22:42
customer interaction for you and hopefully allow
22:44
your salesmakers to sell and do what
22:47
they do best or allow your customer
22:49
service people to service your customers a
22:51
little bit more than what they may
22:53
have done before because they were not
22:55
spending it and they were spending a
22:57
lot of time on tactical and simple
22:59
little inquiries. Things of that nature. So
23:01
I'm excited about that. But ultimately I'm
23:04
excited about sort of putting a bow
23:06
on 2024 and showing that all the
23:08
initiatives that we kicked up are now
23:10
delivering the value showing the the KPIs
23:12
the metrics you know the dashboards the
23:14
orders The things that ultimately result in
23:16
what was a you know fun? 2024,
23:18
but also a foundational year for driving
23:21
growth for this business, which is why
23:23
I was brought here. Yeah, fantastic Tim
23:25
I wonder before I let you go
23:27
to see if there's anything you've recently
23:29
read, watched, and or listened that you'd
23:31
recommend to others, Tim. Yeah, two recent
23:33
books that I read. Last year I
23:35
read the AI playbook by Eric Siegel
23:38
and that there's a concept in that
23:40
book called BizzML and basically it's starting
23:42
with the business case starting with the
23:44
business value business outcome before you do
23:46
any of the modeling work. Get aligned
23:48
with your business partners with your team.
23:50
about the value that that that model
23:52
is going to generate the insights that
23:55
are going to generate that value before
23:57
doing any of the technical work and
23:59
he's got a framework awesome framework in
24:01
there that that uses to to model
24:03
that that process out. So the AI
24:05
playbook by Eric Siegel, Eric's also speaking
24:07
at my Silver Fest Tech event this
24:09
summer in Milwaukee so great to have
24:11
and this word of our key notes.
24:14
The second book is called the AI
24:16
savvy leader. And that's a little bit
24:18
of a different book because that kind
24:20
of talks about things that leaders do
24:22
in the AI space that help their
24:24
teams, help their teams in their leaders
24:26
organization, know that they have their leaders
24:28
support, know that they have the backing,
24:31
know that they actually are aware and
24:33
knowledgeable about what the technology does so
24:35
I can speak and communicate about it.
24:37
in a business sense to a business
24:39
leader. And so it kind of takes,
24:41
you know, sort of I just call
24:43
it a next generation AI leader, if
24:45
you will, that is doing all the
24:48
things to communicate to peers and partners
24:50
and leaders and folks in their organization
24:52
that shows they know their stuff, they
24:54
know where this space is, they know
24:56
where it's going, and they know what
24:58
it could bring to the organization, and
25:00
they're outwardly communicating on a regular basis,
25:02
always trying to draw up that support.
25:05
and open transparency and keeping the entire
25:07
organization at the same level in terms
25:09
of education and event awareness. And so
25:11
the AI savvy leader is the second
25:13
book that I read recently. Great recommendations.
25:15
David Dukramer, the author of the. The
25:17
one is a one
25:19
is a past technique, yes, as well.
25:22
So well. good suggestions. You'll see
25:24
a post on see a
25:26
post on that
25:28
here soon. very, very good, Tim.
25:30
Well, hey, Tim, thank very
25:32
good, Tim. Well, hey,
25:34
Tim, thank you
25:36
so much for taking
25:39
time with me.
25:41
Thanks for sharing a
25:43
bit about the
25:45
remarkable journey that as
25:47
I mentioned in
25:49
just a bit more
25:51
than a year's
25:53
time has produced some
25:55
remarkable results and
25:58
looking forward to remaining
26:00
abreast of the
26:02
many results and improvements
26:04
to come as
26:06
well. to Thank you
26:08
so much you so much again
26:10
and always grateful for
26:12
your time. time. And thank
26:15
you, Peter, and then
26:17
thanks to your
26:19
team. I think you
26:21
were involved in the
26:23
early days days of a
26:25
lot of that
26:27
digital definition and strategy
26:29
partnering with medicine was with a
26:32
big a big part
26:34
of getting started here.
26:36
So appreciate the the partnership.
26:38
Thank you, Tim,
26:40
I appreciate that. that.
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