company culture — Podcast

AI: Talent's Rocket Fuel with Mike Bechtel

Artificial intelligence is touching elements of our lives that most people couldn’t have predicted even five years ago. No aspect is being disrupted more than our work and our jobs. As Michael Kanaan said on 12 Geniuses back in 2021 in The Future of Artificial Intelligence, “there is no job on the planet that AI doesn't have its rightful place to do the job better.” Exactly how jobs will be redefined is largely dependent on the mindset companies have toward their talent and the new tools that are able to do magical things.

In this interview, Deloitte Consulting’s chief futurist Mike Bechtel discusses the two common ways in which companies are approaching the artificial intelligence revolution. Mike says that some companies are using AI to cut costs and replace people with technology. Other companies see AI as “rocket fuel” for their talent. While the “short-termists” that are using AI to minimize expenses might please shareholders for a brief period of time, Mike says the companies that have a longer-term view on the combination of their people and these powerful tools will ultimately be winners in this unique period in business. Mike goes on to talk about the differentiating traits that leaders should be seeking as they hire new people in an AI workplace and Mike shares his advice for how individuals and leaders should think about career development into the future.

Mike Bechtel is a managing director and the chief futurist with Deloitte Consulting LLP. Mike helps clients develop strategies to thrive in the face of discontinuity and disruption. His team researches the novel and exponential technologies most likely to impact the future of business, and builds relationships with the startups, incumbents, and academic institutions creating them.

Prior to joining Deloitte, Mike led Ringleader Ventures, an early-stage venture capital firm he co-founded in 2013. Before Ringleader, he served as CTO of Start Early, a national not-for-profit focused on early childhood education for at-risk youth. Mike began his career in technology R&D at a global professional services firm where his dozen US patents helped result in him being named that firm’s global innovation director. He currently serves as professor of corporate innovation at the University of Notre Dame.

The Power of Rituals with Dr. Michael Norton

Our lives are filled with repetitive tasks meant to keep us on track—what we come to know as habits. Over time, these routines (for example, brushing your teeth or putting on your right sock first) tend to be performed automatically. But when we’re more mindful about these actions—when we focus on the precise way they are performed—they can instead become rituals. Shifting from a “habitual” mindset to a “ritual” mindset can convert ordinary acts from black and white to technicolor.

In this interview, Harvard Business School Professor Dr. Michael Norton discusses his new book “The Ritual Effect” and how the power of establishing rituals can enhance performance in personal lives and at work. Dr. Norton explains how a ritual is different from a habit. He talks about how to create rituals that last and he says a bottom up approach is the best way to establish effective rituals in the workplace. To finish the interview, Dr. Norton discusses what research has taught him about what people commonly get wrong about their money.

Dr. Michael Norton is a leading behavior scientist, behavioral economics researcher, Harvard Business School Professor, and business speaker obsessed with unlocking the secrets of human behavior and well-being, from happier spending to the power of rituals. Dr. Norton’s research focuses on behavioral economics and well-being, with particular attention given to topics such as happiness, spending, and, most recently, rituals and habits. His book The Ritual Effect focuses on the surprising and versatile power of rituals.

Revisiting Retirement Trends with Chris Farrell

In this episode, Don MacPherson is joined by journalist, author and retirement expert Chris Farrell. In their conversation, Don and Chris explore the ways in which the pandemic has impacted the ability to save for retirement for people of all walks of life. They also discuss the rate of new business creation, reskilling the older generation, and the impact of Covid-19 on the overall economy.

The Future of Women at Work with Minda Harts

In this episode, Don MacPherson is joined by workplace expert, author, podcaster and speaker Minda Harts. Together they discuss how women — especially women of color — have been disproportionately impacted by the COVID-19 pandemic and what organizations can do to bring back women who have left the workforce. They also discuss paid maternity leave, the wage gap and what is needed to create an equitable work environment.

Nurturing the Crazy Ideas That Change the World - an Interview with Safi Bahcall

A lifelong innovator and expert on innovative practices, Safi Bahcall shares his process for nurturing “Loonshots” - the crazy ideas that disrupt industries, cure diseases, and change the world.

In this interview, Safi dives into how good ideas are often killed by great teams and how we can develop the skills to nurture and encourage “Loonshots.” Safi also discusses company culture and organizational structure, why companies need to separate their innovators from executors, the importance of getting incentives right, and why “failing fast” is not the best path toward innovation.

Safi worked for three years as a consultant for McKinsey before co-founding a biotechnology company that developed new drugs for treating cancer. Safi regularly speaks with senior executives about how to implement the ideas in his bestselling book “Loonshots: How to Nurture the Crazy Ideas That Win Wars, Cure Diseases, and Transform Industries.”

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