The Digital Future Initiative focuses Columbia Business School’s world-class research and teaching on how technology is altering all industries and the fabric of daily life.
Pleased to announce the launch of our Employer Executive Education Series. An amazing opportunity for our employer community to engage with Columbia Business School's world class faculty. Come join our next session! Special thanks to: Mark Roberts, Julien Y., and Lisa Gottardo
Continuing the conversation from class, Professors Daniel Guetta, Omar Besbes, and Bruce Usher moderated an inspiring fireside chat hosted by DFI on Monday night with NineDot Energy's co-founder, Adam Cohen, and his team, Columbia alumni Olivia Booth-Howe, and Bobby Sciortino. They discussed the future of clean energy in NYC, highlighting how their initiatives are creating a cleaner, more resilient, equitable and cost-effective energy landscape for our community. Thank you to everyone who joined us in exploring these vital topics!
How is AI transforming the finance industry?
Last week, Digital Future Initiative at Columbia Business School hosted an insightful conference on AI and Finance, featuring an amazing lineup of panelists. The first panel alone was incredible, with Xiaomo Liu, Executive Director at J.P. Morgan AI Research; Jeff McMillan, Head of Firmwide AI at Morgan Stanley; Amanda Stent, Head of AI Strategy & Research at Bloomberg; and Bing Xiang, Head of AI Research at Goldman Sachs.
The discussions were full of fascinating viewpoints. One that stood out to me was the idea that to fully capitalize on AI, organizational and people processes must evolve. Jeff Schwartz and I recently completed a case study on exactly that topic featuring one of the panelists, Jeff McMillan, as the protagonist. It explores the impact of AI on wealth management and how organizations can effectively implement new technologies. As Jeff McMillan aptly put it: “Tech is easy, humans are hard.”
For more details about Morgan Stanley and AI implementation, see my conversation with Todd Jick: https://lnkd.in/efDRUA8c
Full conference program: https://lnkd.in/exC9SFwb
DFI enjoyed partnering with the Reuben Mark Initiative for Organizational Character & Leadership to collaborate on Professor Stephan Meier's book launch which sparked such enriching conversations around his research on an employee-focused approach to work. A huge thank you to our engaging moderators Adina Sterling (she/her) and Nicholas Vonutter and to Stephan Meier!
The best part of publishing a book? Having conversations about its ideas—like employee-centricity and human motivation in the future of work. I had the chance to dive into these topics at a Columbia Business School event with our brilliant students and staff members. It was an incredible experience in a packed room, guided by two fantastic moderators, Adina Sterling (she/her) and Nicholas Vonutter. Huge thanks to the Digital Future Initiative at Columbia Business School, The Reuben Mark Initiative for Organizational Character and Leadership, and especially Julie Anne Berger, Kathleen Rithisorn, Olivia Haynes, and Traci Rosenthal for making this event and my book launch so memorable!
And yes, the EMPLOYEE ADVANTAGE cupcakes were *absolutely* the best!
If you're interested in a talk for your company or team, let me know!
And for anyone at Columbia Business School who missed the event, you can still get a copy (well, you have to order it on Amazon. And it would mean the world to me), but I’d be happy to personalize it for you! 😊
Very happy to see my book, The Employee Advantage, being recommended by the Financial Times as one of the business books to read this month. Thanks for the great review.
Does technology enhance or diminish human motivation at work? It has the potential to do both. The increasing use of surveillance technology to monitor employees is a negative example. Therefore, it is critically important to be intentional about using technology to enhance motivation. Buurtzorg, the highly successful Dutch homecare provider, is a prime example of how technology can be used to promote team autonomy. Watch this video to learn more.
Join me, Adina (she/her) Sterling and Nicholas Vonutter at an event for current MBA/EMBA students on October 23 (register: https://shorturl.at/QVoqf). Thanks to Digital Future Initiative at Columbia Business School and The Bernstein Center for Leadership and Ethics for organizing it.
For more about how to use technology to enhance human motivation and the Buurtzorg story, get: https://shorturl.at/8QQMr
Here is a snippet from my interview on Bloomberg with Carol Massar and Tim Stenovec. When asked if being human-centric is profitable, I shared the inspiring story of Best Buy’s turnaround. Upon taking over the struggling electronics retailer, former CEO Hubert Joly ignored constant suggestions to cut his workforce and squeeze out more from his employees. Instead, he removed stupid rules, provided more autonomy to workers, increased investment in employees’ development, and expanded employee benefits. In doing so, improved his employees’ experience and saved BestBuy. So yes, it's possible to create a win-win situation where both employees and shareholders benefit.
Hubert Joly was kind enough to read my book and said the following:
“This brilliant book is a clarion call for leaders to embrace an employee-centric mindset as a strategic imperative. With insights drawn from behavioral science, Meier makes it crystal clear: the future belongs to companies that go all-in on their employees.”—Hubert Joly, former Best Buy CEO, senior lecturer Harvard Business School, Author, The Heart of Business
For more about being employee-centric and the Best Buy story, get: https://lnkd.in/eyVaYXFR
Listen to the full Bloomberg show: https://lnkd.in/ewTQrCJ3
Today is a BIG week for me! Look what just arrived in the mail—my new book, “THE EMPLOYEE ADVANTAGE: How Putting Workers First Helps Business Thrive”!
It’s been a looooong journey filled with excitement, self-doubt, obsession, overwhelm, pride, and endless ideas. Sometimes, I experienced all of those emotions in a single day! 🙂 But now, seeing the book in print and knowing it will be out soon feels incredibly rewarding. The official release date is October 15th, and it’s starting to feel very real that many people will soon have the chance to read it.
There are so many people I need to thank. A huge thank you to my book agent (Jeff Shreve), my editor at PublicAffairs (Colleen Lawrie), my co-authors, my colleagues at CBS, my students, all the scholars whose research is cited in the book, and of course, my family. I couldn’t have done it without you!
Now, I’m excited to start conversations about the book. Stay tuned for announcements about discussions at Columbia Business School, alumni clubs, podcasts, and other events. If you’d like me to speak on your podcast or to your company or team, please let me know.
I can’t wait to engage with as many of you as possible about creating an employee-centric future of work, where employees are engaged and motivated, and companies thrive—a true win-win!
Kicking off DFI's Product Management Lunch and Learn Series last Tuesday, DFI hosted CBS alum Philong D. '17 Founder and CEO of NODA AI, for an engaging discussion on designing, developing, and delivering successful AI/ML products . Philong, who previously played a key role in scaling C3.ai’s Federal practice, shared invaluable insights from his journey as a product manager and entrepreneur and emphasized the importance of adhering to Product 1st principles, even in the complex landscape of AI/ML. #ProductManagement#AI#Entrepreneurship
According to Professor Stephan Meier, "Studies show that companies that prioritize employee well-being have higher productivity and overall perform better financially." Read more of these insights in his upcoming book, "The Employee Advantage."