Garrett Herbert, Deloitte | ACG SV Grow Awards 2016
>>que presents on the ground. Wait. >>Hi. I'm Lisa Martin with the Cube, and we're on the ground at the Computer History Museum in Silicon Valley with the Association for Corporate Earth or a CG. Tonight is a CG 12th annual Growth Awards, and we're very fortunate to be joined by one of the longest sponsors of a CG Deloitte Gary Herbert from Delight. Welcome to the Cube. >>Thank you so much. >>So not only is a long time sponsor base did you get through the second biggest with the presumably a lot of options that Dylan has a sponsor and engage in communities like that. What next? A CG unique and warrant Deloitte sponsorship and active participation >>Delights been involved with a CG for over 10 years. And the reason is they collect a great group of senior leaders in Silicon Valley to talk about things that are really important. And a lot of great networks air here and make great things happen in the community. >>Excellent. And you can hear and feel the buzz of the innovation and the history of veterans in the room. We're here tonight to honor men who won the 2016 outstanding growth award, as well as Ambarella, who won the 2016 Emerging Growth Award in terms of the metrics used to select the winners, can you give us a little insight into what those metrics are and what this metrics and key criteria really mean for these types of award winners? >>One of the key metrics that we look at his revenue growth and Fitbit has had an incredible run over the last five years. But what's particularly amazing about Fitbit is they've been doing it very profitably, so it's really been a great testament to that. You can grow and grow in a profitable matter. >>And as we look at the next 2 to 3 years, in your perspective, what are some of the market drivers that you're going to see really influencing the fifth Mrs Your predictions there expect >>Fitbits and continue to be very successful. They've really done a great job from an execution perspective. They got great products and they define their brand. It's not just a just a tracker of steps. It is really a wellness brand. And that's why I think they're gonna continue to be successful. >>Same question for Amarillo in terms of emerging growth where some of the market drivers over the next two years, Amarilla will face. What are your >>predictions for them with Amber? I mean, since they're in the chip business, they they place themselves or have been very successful with getting successful with successful products, and that'll help their continued growth as well. Excellent. And >>what that said, Tell us what's next for Deloitte. >>Deloitte and we're diversified. Professional service is firm. I mean, people think of Deloitte as part of the Big Four, which is people think of audit Tax, I think people don't know is we're also actually were a consulting firm and an advisory firm. In fact, that makes up more than half of our revenues here. Look excellent. >>As we look forward to the future, we know tonight think that an emerald are in some great company with past winners. Lengthen Trulia Gopro What? Your predictions >>for the next class of candidates for 2017 grow awards. That's what's really exciting about this is you don't know who's successful. Companies are. If you told me three years ago is gonna be here today, I wouldn't have necessarily thought that. Um So what's exciting about this is you get to see what is next and who's who's being successful. And it really gets to celebrate the growth of those companies. Absolutely great closing to celebrate, not just the growth of these companies tonight fit, but an amber alert that we're here to celebrate, but >>also all of the >>leadership and expertise and sponsorship that we have here in Silicon Valley. Garrett, thank you so much for taking time to join us. It was a pleasure having you on the Cube. Thank you so much, Lisa. And with that said, Thank you for watching the Cube. I'm your host, Lisa Martin, and we'll see you next time.
SUMMARY :
que presents on the ground. the longest sponsors of a CG Deloitte Gary Herbert from Delight. So not only is a long time sponsor base did you get through the second biggest with And the reason is they collect a great group terms of the metrics used to select the winners, can you give us a little insight into what those metrics are and One of the key metrics that we look at his revenue growth and Fitbit has had an incredible run over the last five Fitbits and continue to be very successful. drivers over the next two years, Amarilla will face. they they place themselves or have been very successful with getting successful with successful products, Deloitte and we're diversified. As we look forward to the future, we know tonight think that an emerald are in some great company with past what's exciting about this is you get to see what is next and who's who's being successful. And with that said, Thank you for watching the Cube.
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John Hennessy, Knight-Hennessy Scholars | ACG SV Grow! Awards 2019
(upbeat techno music) >> From Mountain View California, it's the Cube covering the 15th Annual Grow Awards. Brought to you by ACG SV. >> Hi, Lisa Martin with the Cube on the ground at the Computer History Museum for the 15th annual ACG SV Awards. And in Mountain View California excited to welcome to the Cube for the first time, John Hennessy, the chairman of Alphabet and the co-founder of the Knight-Hennessy Scholars Program at Stanford. JOHN, it's truly a pleasure to have you on the Cube today. >> Well delighted to be here, Lisa. >> So I was doing some research on you. And I see Marc Andreessen has called you the godfather of Silicon Valley. >> Marc very generous (loughs) >> so I thought I was pretty cool I'm going to sit down with the godfather tonight. (loughs) >> I have not done that yet. So you are keynoting the 15th Annual ACG SV Awards tonight. Talk to us a little bit about the takeaways that the audience is going to hear from you tonight. >> Well, they're going to hear some things about leadership the importance of leadership, obviously the importance of innovation. We're in the middle of Silicon Valley innovation is a big thing. And the role that technology plays in our lives and how we should be thinking about that, and how do we ensure the technology is something that serves the public good. >> Definitely. So there's about I think over 230 attendees expected tonight over 100 sea levels, the ACG SV Is has been it's it's much more than a networking organization. there's a lot of opportunities for collaboration for community. Tell me a little bit about your experience with that from a collaboration standpoint? >> Well, I think collaboration is a critical ingredient. I mean, for so many years, you look at the collaboration is gone. Just take between between the universities, my own Stanford and Silicon Valley and how that collaboration has developed over time and lead the founding of great companies, but also collaboration within the valley. This is the place to be a technology person in the whole world it's the best place partly because of this collaboration, and this innovative spirit that really is a core part of what we are as a place. >> I agree. The innovative spirit is one of the things that I enjoy, about not only being in technology, but also living in Silicon Valley. You can't go to a Starbucks without hearing a conversation or many conversations about new startups or cloud technology. So the innovative spirit is pervasive here. And it's also one that I find in an in an environment like ASG SV. You just hear a lot of inspiring stories and I was doing some research on them in the last 18 months. Five CEO positions have been seated and materialized through ACG SV. Number of venture deals initiated several board positions. So a lot of opportunity in this group here tonight. >> Right, well I think that's important because so much of the leadership has got to come by recruiting new young people. And with the increase in concerned about diversity and our leadership core and our boards, I think building that network out and trying to stretch it a little bit from the from perhaps the old boys network of an earlier time in the Valley is absolutely crucial. >> Couldn't agree more. So let's now talk a little bit about the Knight-Hennessy Scholars Program at Stanford. Tell us a little bit about it. When was it founded? >> So we are we are in our very first year, actually, this year, our first year of scholars, we founded it in 2016. The motivation was, I think, an increasing gap we perceived in terms of the need for great leadership and what was available. And it was in government. It was in the nonprofit world, it was in the for profit world. So I being a lifelong educator said, What can we do about this? Let's try to recruit and develop a core of younger people who show that they're committed to the greater good and who are excellent, who are innovative, who are creative, and prepare them for leadership roles in the future. >> So you're looking for are these undergraduate students? >> They are graduate students, so they've completed their undergraduate, it's a little hard to tell when somebody's coming out of high school, what their civic commitment is, what their ability to lead is. But coming out of coming out of undergraduate experience, and often a few years of work experience, we can tell a lot more about whether somebody has the potential to be a future leader. >> So you said, found it just in 2016. And one of the things I saw that was very interesting is projecting in the next 50 years, there's going to be 5000 Knight-Hennessy scholars at various stages of their careers and government organizations, NGOs, as you mentioned, so looking out 50 years you have a strong vision there, but really expect this organization to be able to make a lasting impact. >> That's what our goal is lasting impact over decades, because people who go into leadership positions often take a decade or two to rise to that position. But that's what our investment is our investment is in the in the future. And when I went to Phil Knight who's my co-founder and donor, might lead donor to the program, he was enthusiastic. His view was that we had a we had a major gap in leadership. And we needed to begin training, we need to do multiple things. We need to do things like we're doing tonight. But we also need to think about that next younger generation is up and coming. >> Some terms of inspiring the next generation of innovative diversity thinkers. Talk to me about some of the things that this program is aimed at, in addition to just, you know, some of the knowledge about leadership, but really helping them understand this diverse nature in which we now all find ourselves living. >> So one of the things we do is we try to bring in leaders from all different walks of life to meet and have a conversation with our scholars. This morning, we had the UN High Commissioner for Human Rights in town, Michelle Bachelet, and she sat down and talked about how she thought about her role as addressing human rights, how to move things forward in very complex situations we face around the world with collapse of many governments and many human rights violations. And how do you how do you make that forward progress with a difficult problem? So that kind of exposure to leaders who are grappling with really difficult problems is a critical part of our program. >> And they're really seeing and experiencing real world situations? >> Absolutely. They're seeing them up close as they're really occurring. They see the challenges we had, we had Governor Brown and just before he went out of office here in California, to talk about criminal justice reform a major issue in California and around the country. And how do we make progress on that on that particular challenge? >> So you mentioned a couple of other leaders who the students I've had the opportunity to learn from and engage with, but you yourself are quite the established leader. You went to Stanford as a professor in 1977. You are a President Emeritus you were president of Stanford from 2000 to 2016. So these students also get the opportunity to learn from all that you have experienced as it as a professor of Computer Science, as well as in one of your current roles as chairman of Alphabet. Talk to us a little bit about just the massive changes that you have seen, not just in Silicon Valley, but in technology and innovation over the last 40 plus years. >> Well, it is simply amazing. When I arrived at Stanford, there was no internet. The ARPANET was in its young days, email was something that a bunch of engineers and scientists use to communicate, nobody else did. I still remember going and seeing the first demonstration of what would become Yahoo. Well, while David Filo and Jerry Yang had it set up in their office. And the thing that immediately convinced me Lisa was they showed me that their favorite Pizza Parlor would now allow orders to go online. And when I saw that I said, the World Wide Web is not just about a bunch of scientists and engineers exchanging information. It's going to change our lives and it did. And we've seen wave after wave that with Google and Facebook, social media rise. And now the rise of AI I mean this this is a transformative technology as big as anything I think we've ever seen. In terms of its potential impact. >> It is AI is so transformative. I was I was in Hawaii recently on vacation and Barracuda Networks was actually advertising about AI in Hawaii and I thought that's interesting that the people that are coming to to Hawaii on vacation, presumably, people have you know, many generations who now have AI as a common household word may not understand the massive implications and opportunities that it provides. But it is becoming pervasive at every event we're at at the Cube and there's a lot of opportunity there. It's it's a very exciting subject. Last question for you. You mentioned that this that the Knight-Hennessy Scholars Program is really aimed towards graduate students. What is your advice to those BB stem kids in high school right now who are watching this saying, oh, John, what, what? How do you advise me to be able to eventually get into a program like this? >> Well, I think it begins by really finding your passion, finding something you're really dedicated to pushing yourself challenging yourself, showing that you can do great things with it. And then thinking about the bigger role you want to have with technology. In the after all, technology is not an end in itself. It's a tool to make human lives better and that's the sort of person we're looking for in the knight-Hennessy Scholars Program, >> Best advice you've ever gotten. >> Best advice ever gotten is remember that leadership is about service to the people in the institution you lead. >> It's fantastic not about about yourself but really about service to those. >> About service to others >> JOHN, it's been a pleasure having you on the Cube tonight we wish you the best of luck in your keynote at the 15th annual ACG SV Awards and we thank you for your time. >> Thank you, Lisa. I've enjoyed it. Lisa Martin, you're watching the Cube on the ground. Thanks for watching. (upbeat tech music)
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Brought to you by ACG SV. and the co-founder of the So I was doing some research on you. so I thought I was pretty cool I'm going to sit down that the audience is going to hear from you tonight. And the role that technology plays in our lives the ACG SV Is has been This is the place to be a technology person is one of the things that I enjoy, because so much of the leadership the Knight-Hennessy Scholars Program at Stanford. the need for great leadership it's a little hard to tell And one of the things I saw and donor, might lead donor to the program, in addition to just, you know, So one of the things we do They see the challenges we had, we had Governor Brown just the massive changes that you have seen, And the thing that immediately convinced me Lisa was that the people that are coming and that's the sort of person we're looking for service to the people in the institution you lead. but really about service to those. and we thank you for your time. the Cube on the ground.
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