Eileen Vidrine, US Air Force | MIT CDOIQ 2020
>> Announcer: From around the globe, it's theCube with digital coverage of MIT, Chief Data Officer and Information Quality Symposium brought to you by Silicon Angle Media. >> Hi, I'm Stu Miniman and this is the seventh year of theCubes coverage of the MIT, Chief Data Officer and Information Quality Symposium. We love getting to talk to these chief data officers and the people in this ecosystem, the importance of data, driving data-driven cultures, and really happy to welcome to the program, first time guests Eileen Vitrine, Eileen is the Chief Data Officer for the United States Air Force, Eileen, thank you so much for joining us. >> Thank you Stu really excited about being here today. >> All right, so the United States Air Force, I believe had it first CDO office in 2017, you were put in the CDO role in June of 2018. If you could, bring us back, give us how that was formed inside the Air force and how you came to be in that role. >> Well, Stu I like to say that we are a startup organization and a really mature organization, so it's really about culture change and it began by bringing a group of amazing citizen airman reservists back to the Air Force to bring their skills from industry and bring them into the Air Force. So, I like to say that we're a total force because we have active and reservists working with civilians on a daily basis and one of the first things we did in June was we stood up a data lab, that's based in the Jones building on Andrews Air Force Base. And there, we actually take small use cases that have enterprise focus, and we really try to dig deep to try to drive data insights, to inform senior leaders across the department on really important, what I would call enterprise focused challenges, it's pretty exciting. >> Yeah, it's been fascinating when we've dug into this ecosystem, of course while the data itself is very sensitive and I'm sure for the Air Force, there are some very highest level of security, the practices that are done as to how to leverage data, the line between public and private blurs, because you have people that have come from industry that go into government and people that are from government that have leveraged their experiences there. So, if you could give us a little bit of your background and what it is that your charter has been and what you're looking to build out, as you mentioned that culture of change. >> Well, I like to say I began my data leadership journey as an active duty soldier in the army, and I was originally a transportation officer, today we would use the title condition based maintenance, but back then, it was really about running the numbers so that I could optimize my truck fleet on the road each and every day, so that my soldiers were driving safely. Data has always been part of my leadership journey and so I like to say that one of our challenges is really to make sure that data is part of every airmans core DNA, so that they're using the right data at the right level to drive insights, whether it's tactical, operational or strategic. And so it's really about empowering each and every airman, which I think is pretty exciting. >> There's so many pieces of that data, you talk about data quality, there's obviously the data life cycle. I know your presentation that you're given here at the CDO, IQ talks about the data platform that your team has built, could you explain that? What are the key tenants and what maybe differentiates it from what other organizations might have done? >> So, when we first took the challenge to build our data lab, we really wanted to really come up. Our goal was to have a cross domain solution where we could solve data problems at the appropriate classification level. And so we built the VAULT data platform, VAULT stands for visible, accessible, understandable, linked, and trustworthy. And if you look at the DOD data strategy, they will also add the tenants of interoperability and secure. So, the first steps that we have really focused on is making data visible and accessible to airmen, to empower them, to drive insights from available data to solve their problems. So, it's really about that data empowerment, we like to use the hashtag built by airmen because it's really about each and every airman being part of the solution. And I think it's really an exciting time to be in the Air Force because any airman can solve a really hard challenge and it can very quickly wrap it up rapidly, escalate up with great velocity to senior leadership, to be an enterprise solution. >> Is there some basic training that goes on from a data standpoint? For any of those that have lived in data, oftentimes you can get lost in numbers, you have to have context, you need to understand how do I separate good from bad data, or when is data still valid? So, how does someone in the Air Force get some of that beta data competency? >> Well, we have taken a multitenant approach because each and every airman has different needs. So, we have quite a few pathfinders across the Air Force today, to help what I call, upscale our total force. And so I developed a partnership with the Air Force Institute of Technology and they now have a online graduate level data science certificate program. So, individuals studying at AFIT or remotely have the opportunity to really focus on building up their data touchpoints. Just recently, we have been working on a pathfinder to allow our data officers to get their ICCP Federal Data Sector Governance Certificate Program. So, we've been running what I would call short boot camps to prep data officers to be ready for that. And I think the one that I'm most excited about is that this year, this fall, new cadets at the U.S Air Force Academy will be able to have an undergraduate degree in data science and so it's not about a one prong approach, it's about having short courses as well as academe solutions to up skill our total force moving forward. >> Well, information absolutely is such an important differentiator(laughs) in general business and absolutely the military aspects are there. You mentioned the DOD talks about interoperability in their platform, can you speak a little bit to how you make sure that data is secure? Yet, I'm sure there's opportunities for other organizations, for there to be collaboration between them. >> Well, I like to say, that we don't fight alone. So, I work on a daily basis with my peers, Tom Cecila at the Department of Navy and Greg Garcia at the Department of Army, as well as Mr. David Berg in the DOD level. It's really important that we have an integrated approach moving forward and in the DOD we partner with our security experts, so it's not about us doing security individually, it's really about, in the Air Force we use a term called digital air force, and it's about optimizing and building a trusted partnership with our CIO colleagues, as well as our chief management colleagues because it's really about that trusted partnership to make sure that we're working collaboratively across the enterprise and whatever we do in the department, we also have to reach across our services so that we're all working together. >> Eileen, I'm curious if there's been much impact from the global pandemic. When I talk to enterprise companies, that they had to rapidly make sure that while they needed to protect data, when it was in their four walls and maybe for VPN, now everyone is accessing data, much more work from home and the like. I have to imagine some of those security measures you've already taken, but have there anything along those lines or anything else that this shift in where people are, and a little bit more dispersed has impacted your work? >> Well, the story that I like to say is, that this has given us velocity. So, prior to COVID, we built our VAULT data platform as a multitenancy platform that is also cross-domain solution, so it allows people to develop and do their problem solving in an appropriate classification level. And it allows us to connect or pushup if we need to into higher classification levels. The other thing that it has helped us really work smart because we do as much as we can in that unclassified environment and then using our cloud based solution in our gateways, it allows us to bring people in at a very scheduled component so that we maximize, or we optimize their time on site. And so I really think that it's really given us great velocity because it has really allowed people to work on the right problem set, on the right class of patient level at a specific time. And plus the other pieces, we look at what we're doing is that the problem set that we've had has really allowed people to become more data focused. I think that it's personal for folks moving forward, so it has increased understanding in terms of the need for data insights, as we move forward to drive decision making. It's not that data makes the decision, but it's using the insight to make the decision. >> And one of the interesting conversations we've been having about how to get to those data insights is the use of things like machine learning, artificial intelligence, anything you can share about, how you're looking at that journey, where you are along that discovery. >> Well, I love to say that in order to do AI and machine learning, you have to have great volumes of high quality data. And so really step one was visible, accessible data, but we in the Department of the Air Force stood up an accelerator at MIT. And so we have a group of amazing airmen that are actually working with MIT on a daily basis to solve some of those, what I would call opportunities for us to move forward. My office collaborates with them on a consistent basis, because they're doing additional use cases in that academic environment, which I'm pretty excited about because I think it gives us access to some of the smartest minds. >> All right, Eileen also I understand it's your first year doing the event. Unfortunately, we don't get, all come together in Cambridge, walking those hallways and being able to listen to some of those conversations and follow up is something we've very much enjoyed over the years. What excites you about being interact with your peers and participating in the event this year? >> Well, I really think it's about helping each other leverage the amazing lessons learned. I think that if we look collaboratively, both across industry and in the federal sector, there have been amazing lessons learned and it gives us a great forum for us to really share and leverage those lessons learned as we move forward so that we're not hitting the reboot button, but we actually are starting faster. So, it comes back to the velocity component, it all helps us go faster and at a higher quality level and I think that's really exciting. >> So, final question I have for you, we've talked for years about digital transformation, we've really said that having that data strategy and that culture of leveraging data is one of the most critical pieces of having gone through that transformation. For people that are maybe early on their journey, any advice that you'd give them, having worked through a couple of years of this and the experience you've had with your peers. >> I think that the first thing is that you have to really start with a blank slate and really look at the art of the possible. Don't think about what you've always done, think about where you want to go because there are many different paths to get there. And if you look at what the target goal is, it's really about making sure that you do that backward tracking to get to that goal. And the other piece that I tell my colleagues is celebrate the wins. My team of airmen, they are amazing, it's an honor to serve them and the reality is that they are doing great things and sometimes you want more. And it's really important to celebrate the victories because it's a very long journey and we keep moving the goalposts because we're always striving for excellence. >> Absolutely, it is always a journey that we're on, it's not about the destination. Eileen, thank you so much for sharing all that you've learned and glad you could participate. >> Thank you, STU, I appreciate being included today. Have a great day. >> Thanks and thank you for watching theCube. I'm Stu Miniman stay tuned for more from the MIT, CDO IQ event. (lively upbeat music)
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brought to you by Silicon Angle Media. and the people in this ecosystem, Thank you Stu really All right, so the of the first things we did sure for the Air Force, at the right level to drive at the CDO, IQ talks to build our data lab, we have the opportunity to and absolutely the It's really important that we that they had to rapidly make Well, the story that I like to say is, And one of the interesting that in order to do AI and participating in the event this year? in the federal sector, is one of the most critical and really look at the art it's not about the destination. Have a great day. from the MIT, CDO IQ event.
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Doug Laney, Caserta | MIT CDOIQ 2020
>> Announcer: From around the globe, it's theCUBE with digital coverage of MIT Chief Data Officer and Information Quality symposium brought to you by SiliconANGLE Media. >> Hi everybody. This is Dave Vellante and welcome back to theCUBE's coverage of the MIT CDOIQ 2020 event. Of course, it's gone virtual. We wish we were all together in Cambridge. They were going to move into a new building this year for years they've done this event at the Tang Center, moving into a new facility, but unfortunately going to have to wait at least a year, we'll see, But we've got a great guest. Nonetheless, Doug Laney is here. He's a Business Value Strategist, the bestselling author, an analyst, consultant then a long time CUBE friend. Doug, great to see you again. Thanks so much for coming on. >> Dave, great to be with you again as well. So can I ask you? You have been an advocate for obviously measuring the value of data, the CDO role. I don't take this the wrong way, but I feel like the last 150 days have done more to accelerate people's attention on the importance of data and the value of data than all the great work that you've done. What do you think? (laughing) >> It's always great when organizations, actually take advantage of some of these concepts of data value. You may be speaking specifically about the situation with United Airlines and American Airlines, where they have basically collateralized their customer loyalty data, their customer loyalty programs to the tunes of several billion dollars each. And one of the things that's very interesting about that is that the third party valuations of their customer loyalty data, resulted in numbers that were larger than the companies themselves. So basically the value of their data, which is as we've discussed previously off balance sheet is more valuable than the market cap of those companies themselves, which is just incredibly fascinating. >> Well, and of course, all you have to do is look to the Trillionaire's Club. And now of course, Apple pushing two trillion to really see the value that the market places on data. But the other thing is of course, COVID, everybody talks about the COVID acceleration. How have you seen it impact the awareness of the importance of data, whether it applies to business resiliency or even new monetization models? If you're not digital, you can't do business. And digital is all about data. >> I think the major challenge that most organizations are seeing from a data and analytics perspective due to COVID is that their traditional trend based forecast models are broken. If you're a company that's only forecasting based on your own historical data and not taking into consideration, or even identifying what are the leading indicators of your business, then COVID and the economic shutdown have entirely broken those models. So it's raised the awareness of companies to say, "Hey, how can we predict our business now? We can't do it based on our own historical data. We need to look externally at what are those external, maybe global indicators or other kinds of markets that proceed our own forecasts or our own activity." And so the conversion from trend based forecast models to what we call driver based forecast models, isn't easy for a lot of organizations to do. And one of the more difficult parts is identifying what are those external data factors from suppliers, from customers, from partners, from competitors, from complimentary products and services that are leading indicators of your business. And then recasting those models and executing on them. >> And that's a great point. If you think about COVID and how it's changed things, everything's changed, right? The ideal customer profile has changed, your value proposition to those customers has completely changed. You got to rethink that. And of course, it's very hard to predict even when this thing eventually comes back, some kind of hybrid mode, you used to be selling to people in an office environment. That's obviously changed. There's a lot that's permanent there. And data is potentially at least the forward indicator, the canary in the coal mine. >> Right. It also is the product and service. So not only can it help you and improve your forecasting models, but it can become a product or service that you're offering. Look at us right now, we would generally be face to face and person to person, but we're using video technology to transfer this content. And then one of the things that I... It took me awhile to realize, but a couple of months after the COVID shutdown, it occurred to me that even as a consulting organization, Caserta focuses on North America. But the reality is that every consultancy is now a global consultancy because we're all doing business remotely. There are no particular or real strong localization issues for doing consulting today. >> So we talked a lot over the years about the role of the CDO, how it's evolved, how it's changed the course of the early... The pre-title days it was coming out of a data quality world. And it's still vital. Of course, as we heard today from the Keynote, it's much more public, much more exposed, different public data sources, but the role has certainly evolved initially into regulated industries like financial, healthcare and government, but now, many, many more organizations have a CDO. My understanding is that you're giving a talk in the business case for the CDO. Help us understand that. >> Yeah. So one of the things that we've been doing here for the last couple of years is a running an ongoing study of how organizations are impacted by the role of the CDO. And really it's more of a correlation and looking at what are some of the qualities of organizations that have a CDO or don't have a CDO. So some of the things we found is that organizations with a CDO nearly twice as often, mention the importance of data and analytics in their annual report organizations with a C level CDO, meaning a true executive are four times more often likely to be using data, to transform the business. And when we're talking about using data and advanced analytics, we found that organizations with a CIO, not a CDO responsible for their data assets are only half as likely to be doing advanced analytics in any way. So there are a number of interesting things that we found about companies that have a CDO and how they operate a bit differently. >> I want to ask you about that. You mentioned the CIO and we're increasingly seeing lines of reporting and peer reporting alter shift. The sands are shifting a little bit. In the early days the CDO and still predominantly I think is an independent organization. We've seen a few cases and increasingly number where they're reporting into the CIO, we've seen the same thing by the way with the chief Information Security Officer, which used to be considered the fox watching the hen house. So we're seeing those shifts. We've also seen the CDO become more aligned with a technical role and sometimes even emerging out of that technical role. >> Yeah. I think the... I don't know, what I've seen more is that the CDOs are emerging from the business, companies are realizing that data is a business asset. It's not an IT asset. There was a time when data was tightly coupled with applications of technologies, but today data is very easily decoupled from those applications and usable in a wider variety of contexts. And for that reason, as data gets recognized as a business, not an IT asset, you want somebody from the business responsible for overseeing that asset. Yes, a lot of CDOs still report to the CIO, but increasingly more CDOs you're seeing and I think you'll see some other surveys from other organizations this week where the CDOs are more frequently reporting up to the CEO level, meaning they're true executives. Along I advocated for the bifurcation of the IT organization into separate I and T organizations. Again, there's no reason other than for historical purposes to keep the data and technology sides of the organizations so intertwined. >> Well, it makes sense that the Chief Data Officer would have an affinity with the lines of business. And you're seeing a lot of organizations, really trying to streamline their data pipeline, their data life cycles, bringing that together, infuse intelligence into that, but also take a systems view and really have the business be intimately involved, if not even owned into the data. You see a lot of emphasis on self-serve, what are you seeing in terms of that data pipeline or the data life cycle, if you will, that used to be wonky, hard core techies, but now it really involving a lot more constituent. >> Yeah. Well, the data life cycle used to be somewhat short. The data life cycles, they're longer and they're more a data networks than a life cycle and or a supply chain. And the reason is that companies are finding alternative uses for their data, not just using it for a single operational purpose or perhaps reporting purpose, but finding that there are new value streams that can be generated from data. There are value streams that can be generated internally. There are a variety of value streams that can be generated externally. So we work with companies to identify what are those variety of value streams? And then test their feasibility, are they ethically feasible? Are they legally feasible? Are they economically feasible? Can they scale? Do you have the technology capabilities? And so we'll run through a process of assessing the ideas that are generated. But the bottom line is that companies are realizing that data is an asset. It needs to be not just measured as one and managed as one, but also monetized as an asset. And as we've talked about previously, data has these unique qualities that it can be used over and over again, and it generate more data when you use it. And it can be used simultaneously for multiple purposes. So companies like, you mentioned, Apple and others have built business models, based on these unique qualities of data. But I think it's really incumbent upon any organization today to do so as well. >> But when you observed those companies that we talk about all the time, data is at the center of their organization. They maybe put people around that data. That's got to be one of the challenge for many of the incumbents is if we talked about the data silos, the different standards, different data quality, that's got to be fairly major blocker for people becoming a "Data-driven organization." >> It is because some organizations were developed as people driven product, driven brand driven, or other things to try to convert. To becoming data-driven, takes a high degree of data literacy or fluency. And I think there'll be a lot of talk about that this week. I'll certainly mention it as well. And so getting the organization to become data fluent and appreciate data as an asset and understand its possibilities and the art of the possible with data, it's a long road. So the culture change that goes along with it is really difficult. And so we're working with 150 year old consumer brand right now that wants to become more data-driven and they're very product driven. And we hear the CIO say, "We want people to understand that we're a data company that just happens to produce this product. We're not a product company that generates data." And once we realized that and started behaving in that fashion, then we'll be able to really win and thrive in our marketplace. >> So one of the key roles of a Chief Data Officers to understand how data affects the monetization of an organization. Obviously there are four profit companies of your healthcare organization saving lives, obviously being profitable as well, or at least staying within the budget, depending upon the structure of the organization. But a lot of people I think oftentimes misunderstand that it's like, "Okay, do I have to become a data broker? Am I selling data directly?" But I think, you pointed out many times and you just did that unlike oil, that's why we don't like that data as a new oil analogy, because it's so much more valuable and can be use, it doesn't fall because of its scarcity. But what are you finding just in terms of people's application of that notion of monetization? Cutting costs, increasing revenue, what are you seeing in the field? What's that spectrum look like? >> So one of the things I've done over the years is compile a library of hundreds and hundreds of examples of how organizations are using data and analytics in innovative ways. And I have a book in process that hopefully will be out this fall. I'm sharing a number of those inspirational examples. So that's the thing that organizations need to understand is that there are a variety of great examples out there, and they shouldn't just necessarily look to their own industry. There are inspirational examples from other industries as well, many clients come to me and they ask, "What are others in my industry doing?" And my flippant response to that is, "Why do you want to be in second place or third place? Why not take an idea from another industry, perhaps a digital product company and apply that to your own business." But like you mentioned, there are a variety of ways to monetize data. It doesn't involve necessarily selling it. You can deliver analytics, you can report on it, you can use it internally to generate improved business process performance. And as long as you're measuring how data's being applied and what its impact is, then you're in a position to claim that you're monetizing it. But if you're not measuring the impact of data on business processes or on customer relationships or partner supplier relationships or anything else, then it's difficult to claim that you're monetizing it. But one of the more interesting ways that we've been working with organizations to monetize their data, certainly in light of GDPR and the California consumer privacy act where I can't sell you my data anymore, but we've identified ways to monetize your customer data in a couple of ways. One is to synthesize the data, create synthetic data sets that retain the original statistical anomalies in the data or features of the data, but don't share actually any PII. But another interesting way that we've been working with organizations to monetize their data is what I call, Inverted data monetization, where again, I can't share my customer data with you, but I can share information about your products and services with my customers. And take a referral fee or a commission, based on that. So let's say I'm a hospital and I can't sell you my patient data, of course, due to variety of regulations, but I know who my diabetes patients are, and I can introduce them to your healthy meal plans, to your gym memberships, to your at home glucose monitoring kits. And again, take a referral fee or a cut of that action. So we're working with customers and the financial services firm industry and in the healthcare industry on just those kinds of examples. So we've identified hundreds of millions of dollars of incremental value for organizations that from their data that we're just sitting on. >> Interesting. Doug because you're a business value strategist at the top, where in the S curve do you see you're able to have the biggest impact. I doubt that you enter organizations where you say, "Oh, they've got it all figured out. They can't use my advice." But as well, sometimes in the early stages, you may not be able to have as big of an impact because there's not top down support or whatever, there's too much technical data, et cetera, where are you finding you can have the biggest impact, Doug? >> Generally we don't come in and run those kinds of data monetization or information innovation exercises, unless there's some degree of executive support. I've never done that at a lower level, but certainly there are lower level more immediate and vocational opportunities for data to deliver value through, to simply analytics. One of the simple examples I give is, I sold a home recently and when you put your house on the market, everybody comes out of the woodwork, the fly by night, mortgage companies, the moving companies, the box companies, the painters, the landscapers, all know you're moving because your data is in the U.S. and the MLS directory. And it was interesting. The only company that didn't reach out to me was my own bank, and so they lost the opportunity to introduce me to a Mortgage they'd retain me as a client, introduce me to my new branch, print me new checks, move the stuff in my safe deposit box, all of that. They missed a simple opportunity. And I'm thinking, this doesn't require rocket science to figure out which of your customers are moving, the MLS database or you can harvest it from Zillow or other sites is basically public domain data. And I was just thinking, how stupid simple would it have been for them to hire a high school programmer, give him a can of red bull and say, "Listen match our customer database to the MLS database to let us know who's moving on a daily or weekly basis." Some of these solutions are pretty simple. >> So is that part of what you do, come in with just hardcore tactical ideas like that? Are you also doing strategy? Tell me more about how you're spending your time. >> I trying to think more of a broader approach where we look at the data itself and again, people have said, "If you tortured enough, what would you tell us? We're just take that angle." We look at examples of how other organizations have monetized data and think about how to apply those and adapt those ideas to the company's own business. We look at key business drivers, internally and externally. We look at edge cases for their customers' businesses. We run through hypothesis generating activities. There are a variety of different kinds of activities that we do to generate ideas. And most of the time when we run these workshops, which last a week or two, we'll end up generating anywhere from 35 to 50 pretty solid ideas for generating new value streams from data. So when we talk about monetizing data, that's what we mean, generating new value streams. But like I said, then the next step is to go through that feasibility assessment and determining which of these ideas you actually want to pursue. >> So you're of course the longtime industry watcher as well, as a former Gartner Analyst, you have to be. My question is, if I think back... I've been around a while. If I think back at the peak of Microsoft's prominence in the PC era, it was like windows 95 and you felt like, "Wow, Microsoft is just so strong." And then of course the Linux comes along and a lot of open source changes and low and behold, a whole new set of leaders emerges. And you see the same thing today with the Trillionaire's Club and you feel like, "Wow, even COVID has been a tailwind for them." But you think about, "Okay, where could the disruption come to these large players that own huge clouds, they have all the data." Is data potentially a disruptor for what appear to be insurmountable odds against the newbies" >> There's always people coming up with new ways to leverage data or new sources of data to capture. So yeah, there's certainly not going to be around for forever, but it's been really fascinating to see the transformation of some companies I think nobody really exemplifies it more than IBM where they emerged from originally selling meat slicers. The Dayton Meat Slicer was their original product. And then they evolved into Manual Business Machines and then Electronic Business Machines. And then they dominated that. Then they dominated the mainframe software industry. Then they dominated the PC industry. Then they dominated the services industry to some degree. And so they're starting to get into data. And I think following that trajectory is something that really any organization should be looking at. When do you actually become a data company? Not just a product company or a service company or top. >> We have Inderpal Bhandari is one of our huge guests here. He's a Chief-- >> Sure. >> Data Officer of IBM, you know him well. And he talks about the journey that he's undertaken to transform the company into a data company. I think a lot of people don't really realize what's actually going on behind the scenes, whether it's financially oriented or revenue opportunities. But one of the things he stressed to me in our interview was that they're on average, they're reducing the end to end cycle time from raw data to insights by 70%, that's on average. And that's just an enormous, for a company that size, it's just enormous cost savings or revenue generating opportunity. >> There's no doubt that the technology behind data pipelines is improving and the process from moving data from those pipelines directly into predictive or diagnostic or prescriptive output is a lot more accelerated than the early days of data warehousing. >> Is the skills barrier is acute? It seems like it's lessened somewhat, the early Hadoop days you needed... Even data scientist... Is it still just a massive skill shortage, or we're starting to attack that. >> Well, I think companies are figuring out a way around the skill shortage by doing things like self service analytics and focusing on more easy to use mainstream type AI or advanced analytics technologies. But there's still very much a need for data scientists and organizations and the difficulty in finding people that are true data scientists. There's no real certification. And so really anybody can call themselves a data scientist but I think companies are getting good at interviewing and determining whether somebody's got the goods or not. But there are other types of skills that we don't really focus on, like the data engineering skills, there's still a huge need for data engineering. Data doesn't self-organize. There are some augmented analytics technologies that will automatically generate analytic output, but there really aren't technologies that automatically self-organize data. And so there's a huge need for data engineers. And then as we talked about, there's a large interest in external data and harvesting that and then ingesting it and even identifying what external data is out there. So one of the emerging roles that we're seeing, if not the sexiest role of the 21st century is the role of the Data Curator, somebody who acts as a librarian, identifying external data assets that are potentially valuable, testing them, evaluating them, negotiating and then figuring out how to ingest that data. So I think that's a really important role for an organization to have. Most companies have an entire department that procures office supplies, but they don't have anybody who's procuring data supplies. And when you think about which is more valuable to an organization? How do you not have somebody who's dedicated to identifying the world of external data assets that are out there? There are 10 million data sets published by government, organizations and NGOs. There are thousands and thousands of data brokers aggregating and sharing data. There's a web content that can be harvested, there's data from your partners and suppliers, there's data from social media. So to not have somebody who's on top of all that it demonstrates gross negligence by the organization. >> That is such an enlightening point, Doug. My last question is, I wonder how... If you can share with us how the pandemic has effected your business personally. As a consultant, you're on the road a lot, obviously not on the road so much, you're doing a lot of chalk talks, et cetera. How have you managed through this and how have you been able to maintain your efficacy with your clients? >> Most of our clients, given that they're in the digital world a bit already, made the switch pretty quick. Some of them took a month or two, some things went on hold but we're still seeing the same level of enthusiasm for data and doing things with data. In fact some companies have taken our (mumbles) that data to be their best defense in a crisis like this. It's affected our business and it's enabled us to do much more international work more easily than we used to. And I probably spend a lot less time on planes. So it gives me more time for writing and speaking and actually doing consulting. So that's been nice as well. >> Yeah, there's that bonus. Obviously theCUBE yes, we're not doing physical events anymore, but hey, we've got two studios operating. And Doug Laney, really appreciate you coming on. (Dough mumbles) Always a great guest and sharing your insights and have a great MIT CDOIQ. >> Thanks, you too, Dave, take care. (mumbles) >> Thanks Doug. All right. And thank you everybody for watching. This is Dave Vellante for theCUBE, our continuous coverage of the MIT Chief Data Officer conference, MIT CDOIQ, will be right back, right after this short break. (bright music)
SUMMARY :
symposium brought to you Doug, great to see you again. and the value of data And one of the things of the importance of data, And one of the more difficult the canary in the coal mine. But the reality is that every consultancy a talk in the business case for the CDO. So some of the things we found is that In the early days the CDO is that the CDOs are that data pipeline or the data life cycle, of assessing the ideas that are generated. for many of the incumbents and the art of the possible with data, of the organization. and apply that to your own business." I doubt that you enter organizations and the MLS directory. So is that part of what you do, And most of the time when of Microsoft's prominence in the PC era, the services industry to some degree. is one of our huge guests here. But one of the things he stressed to me is improving and the process the early Hadoop days you needed... and the difficulty in finding people and how have you been able to maintain our (mumbles) that data to be and sharing your insights Thanks, you too, Dave, take care. of the MIT Chief Data Officer conference,
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Inderpal Bhandari, IBM | MIT CDOIQ 2020
>>from around the globe If the cube with digital coverage of M I t. Chief data officer and Information quality symposium brought to you by Silicon Angle Media >>Hello, everyone. This is Day Volonte and welcome back to our continuing coverage of the M I t. Chief Data Officer CDO I Q event Interpol Bhandari is here. He's a leading voice in the CDO community and a longtime Cubillan Interpol. Great to see you. Thanks for coming on for this. Especially >>program. My pleasure. >>So when you you and I first met, you laid out what I thought was, you know, one of the most cogent frameworks to understand what a CDO is job was where the priority should be. And one of those was really understanding how, how, how data contributes to the monetization of station aligning with lines of business, a number of other things. And that was several years ago. A lot of change since then. You know, we've been doing this conference since probably twenty thirteen and back then, you know, Hadoop was coming on strong. A lot of CEOs didn't want to go near the technology that's beginning to change. CDOs and cto Zehr becoming much more aligned at the hip. The reporting organizations have changed. But I love your perspective on what you've observed as changing in the CDO roll over the last half decade or so. >>Well, did you know that I became chief data officer in two thousand six? December two thousand and six And I have done this job four times four major overnight have created of the organization from scratch each time. Now, in December of two thousand six, when I became chief data officer, there were only four. Chief Data Officer, uh, boom and I was the first in health care, and there were three, three others, you know, one of the Internet one and credit guns one and banking. And I think I'm the only one actually left standing still doing this job. That's a good thing or a bad thing. But like, you know, it certainly has allowed me to love the craft and then also scripted down to the level that, you know, I actually do think of it purely as a craft. That is. I know, going into a mutual what I'm gonna do. They were on the central second. No, the interesting things that have unfolded. Obviously, the professions taken off There are literally thousands off chief data officers now, and there are plenty off changes. I think the main change, but the job is it's, I think, a little less daunting in terms off convincing the senior leadership that it's need it because I think the awareness at the CEO level is much, much, much better than what it waas in two thousand six. Across the world. Now, having said that, I think it is still only awareness and don't think that there's really a deep understanding of those levels. And so there's a lot off infusion, which is why you will. You kind of think this is my period. But you saw all these professions take off with C titles, right? Chief Data officer, chief analytics officer, chief digital officer and chief technology officer. See, I off course is being there for a long time. And but I think these newer see positions. They're all very, very related, and they all kind of went to the same need which had to do with enterprise transformation, digital transformation, that enterprises chief digital officer, that's another and and people were all trying to essentially feel the elephants and they could only see part of it at the senior levels, and they came up with which have a role you know, seemed most meaningful to them. But really, all of us are trying to do the same job, which is to accelerate digital transformation in the enterprise. Your comment about you kind of see that the seat eels and sea deals now, uh, partnering up much more than in the past, and I think that's in available the major driving force full. That is, in my view, anyway. It's is artificial intelligence as people try to infuse artificial intelligence. Well, then it's very technical field. Still, it's not something that you know you can just hand over to somebody who has the business jobs, but not the deep technical chops to pull that off. And so, in the case off chief data officers that do have the technical jobs, you'll see them also pretty much heading up the I effort in total and you know, as I do for the IBM case, will be building the Data and AI Enablement internal platform for for IBM. But I think in other cases you you've got Chief date officers who are coming in from a different angle. You know, they built Marghera but the CTO now, because they have to. Otherwise you cannot get a I infused into the organization. >>So there were a lot of other priorities, obviously certainly digital transformation. We've been talking about it for years, but still in many organisations, there was a sense of, well, not on my watch, maybe a sense of complacency or maybe just other priorities. Cove. It obviously has changed that now one hundred percent of the companies that we talked to are really putting this digital transformation on the front burner. So how has that changed the role of CDO? Has it just been interpolate an acceleration of that reality, or has it also somewhat altered the swim lanes? >>I think I think it's It's It's Bolt actually, so I have a way of looking at this in my mind, the CDO role. But if you look at it from a business perspective, they're looking for three things. The CEO is looking for three things from the CDO. One is you know this person is going to help with the revenue off the company by enabling the production of new products, new products of resulting in new revenue and so forth. That's kind of one aspect of the monetization. Another aspect is the CEO is going to help with the efficiency within the organization by making data a lot more accessible, as well as enabling insights that reduce into and cycle time for major processes. And so that's another way that they have monitor. And the last one is a risk reduction that they're going to reduce the risk, you know, as regulations. And as you have cybersecurity exposure on incidents that you know just keep keep accelerating as well. You're gonna have to also step in and help with that. So every CDO, the way their senior leadership looks at them is some mix off three. And in some cases, one has given more importance than the other, and so far, but that's how they are essentially looking at it now. I think what digital transformation has done is it's managed to accelerate, accelerate all three off these outcomes because you need to attend to all three as you move forward. But I think that the individual balance that's struck for individuals reveals really depends on their ah, their company, their situation, who their peers are, who is actually leading the transformation and so >>forth, you know, in the value pie. A lot of the early activity around CDO sort of emanated from the quality portions of the organization. It was sort of a compliance waited roll, not necessarily when you started your own journey here. Obviously been focused on monetization how data contributes to that. But But you saw that generally, organizations, even if they didn't have a CDO, they had this sort of back office alliance thing that has totally changed the the in the value equation. It's really much more about insights, as you mentioned. So one of the big changes we've seen in the organization is that data pipeline you mentioned and and cycle time. And I'd like to dig into that a little bit because you and I have talked about this. This is one of the ways that a chief data officer and the related organizations can add the most value reduction in that cycle time. That's really where the business value comes from. So I wonder if we could talk about that a little bit and how that the constituents in the stakeholders in that in that life cycle across that data pipeline have changed. >>That's a very good question. Very insightful questions. So if you look at ah, company like idea, you know, my role in totally within IBM is to enable Ibn itself to become an AI enterprise. So infuse a on into all our major business processes. You know, things like our supply chain lead to cash well, process, you know, our finance processes like accounts receivable and procurement that soulful every major process that you can think off is using Watson mouth. So that's the That's the That's the vision that's essentially what we've implemented. And that's how we are using that now as a showcase for clients and customers. One of the things that be realized is the data and Ai enablement spots off business. You know, the work that I do also has processes. Now that's the pipeline you refer to. You know, we're setting up the data pipeline. We're setting up the machine learning pipeline, deep learning blank like we're always setting up these pipelines, And so now you have the opportunity to actually turn the so called EI ladder on its head because the Islander has to do with a first You collected data, then you curated. You make sure that it's high quality, etcetera, etcetera, fit for EI. And then eventually you get to applying, you know, ai and then infusing it into business processes. And so far, But once you recognize that the very first the earliest creases of work with the data those themselves are essentially processes. You can infuse AI into those processes, and that's what's made the cycle time reduction. And although things that I'm talking about possible because it just makes it much, much easier for somebody to then implement ai within a lot enterprise, I mean, AI requires specialized knowledge. There are pieces of a I like deep learning, but there are, you know, typically a company's gonna have, like a handful of people who even understand what that is, how to apply it. You know how models drift when they need to be refreshed, etcetera, etcetera, and so that's difficult. You can't possibly expect every business process, every business area to have that expertise, and so you've then got to rely on some core group which is going to enable them to do so. But that group can't do it manually because I get otherwise. That doesn't scale again. So then you come down to these pipelines and you've got to actually infuse AI into these data and ai enablement processes so that it becomes much, much easier to scale across another. >>Some of the CEOs, maybe they don't have the reporting structure that you do, or or maybe it's more of a far flung organization. Not that IBM is not far flung, but they may not have the ability to sort of inject AI. Maybe they can advocate for it. Do you see that as a challenge for some CEOs? And how do they so to get through that, what's what's the way in which they should be working with their constituents across the organization to successfully infuse ai? >>Yeah, that's it's. In fact, you get a very good point. I mean, when I joined IBM, one of the first observations I made and I in fact made it to a senior leadership, is that I didn't think that from a business standpoint, people really understood what a I met. So when we talked about a cognitive enterprise on the I enterprise a zaydi em. You know, our clients don't really understand what that meant, which is why it became really important to enable IBM itself to be any I enterprise. You know that. That's my data strategy. Your you kind of alluded to the fact that I have this approach. There are these five steps, while the very first step is to come up with the data strategy that enables a business strategy that the company's on. And in my case, it was, Hey, I'm going to enable the company because it wants to become a cloud and cognitive company. I'm going to enable that. And so we essentially are data strategy became one off making IBM. It's something I enterprise, but the reason for doing that the reason why that was so important was because then we could use it as a showcase for clients and customers. And so But I'm talking with our clients and customers. That's my role. I'm really the only role I'm playing is what I call an experiential selling there. I'm saying, Forget about you know, the fact that we're selling this particular product or that particular product that you got GPU servers. We've got you know what's an open scale or whatever? It doesn't really matter. Why don't you come and see what we've done internally at scale? And then we'll also lay out for you all the different pain points that we have to work through using our products so that you can kind of make the same case when you when you when you apply it internally and same common with regard to the benefit, you know the cycle, time reduction, some of the cycle time reductions that we've seen in my process is itself, you know, like this. Think about metadata business metadata generating that is so difficult. And it's again, something that's critical if you want to scale your data because you know you can't really have a good catalogue of data if you don't have good business, meditate. Eso. Anybody looking at what's in your catalog won't understand what it is. They won't be able to use it etcetera. And so we've essentially automated business metadata generation using AI and the cycle time reduction that was like ninety five percent, you know, haven't actually argue. It's more than that, because in the past, most people would not. For many many data sets, the pragmatic approach would be. Don't even bother with the business matter data. Then it becomes just put somewhere in the are, you know, data architecture somewhere in your data leg or whatever, you have data warehouse, and then it becomes the data swamp because nobody understands it now with regard to our experience applying AI, infusing it across all our major business processes are average cycle time reduction is seventy percent, so just a tremendous amount of gains are there. But to your point, unless you're able to point to some application at scale within the enterprise, you know that's meaningful for the enterprise, Which is kind of what the what the role I play in terms of bringing it forward to our clients and customers. It's harder to argue. I'll make a case or investment into A I would then be enterprise without actually being able to point to those types of use cases that have been scaled where you can demonstrate the value. So that's extremely important part of the equation. To make sure that that happens on a regular basis with our clients and customers, I will say that you know your point is vomited a lot off. Our clients and customers come back and say, Tell me when they're having a conversation. I was having a conversation just last week with major major financial service of all nations, and I got the same point saying, If you're coming out of regulation, how do I convince my leadership about the value of a I and you know, I basically responded. He asked me about the scale use cases You can show that. But perhaps the biggest point that you can make as a CDO after the senior readership is can we afford to be left up? That is the I think the biggest, you know, point that the leadership has to appreciate. Can you afford to be left up? >>I want to come back to this notion of seventy percent on average, the cycle time reduction. That's astounding. And I want to make sure people understand the potential impacts. And, I would say suspected many CEOs, if not most understand sort of system thinking. It's obviously something that you're big on but often times within organisations. You might see them trying to optimize one little portion of the data lifecycle and you know having. Okay, hey, celebrate that success. But unless you can take that systems view and reduce that overall cycle time, that's really where the business value is. And I guess my we're real question around. This is Every organization has some kind of Northstar, many about profit, and you can increase revenue are cut costs, and you can do that with data. It might be saving lives, but ultimately to drive this data culture, you've got to get people thinking about getting insights that help you with that North Star, that mission of the company, but then taking a systems view and that's seventy percent cycle time reduction is just the enormous business value that that drives, I think, sometimes gets lost on people. And these air telephone numbers in the business case aren't >>yes, No, absolutely. It's, you know, there's just a tremendous amount of potential on, and it's it's not an easy, easy thing to do by any means. So we've been always very transparent about the Dave. As you know, we put forward this this blueprint right, the cognitive enterprise blueprint, how you get to it, and I kind of have these four major pillars for the blueprint. There's obviously does this data and you're getting the data ready for the consummation that you want to do but also things like training data sets. How do you kind of run hundreds of thousands of experiments on a regular basis, which kind of review to the other pillar, which is techology? But then the last two pillars are business process, change and the culture organizational culture, you know, managing organizational considerations, that culture. If you don't keep all four in lockstep, the transformation is usually not successful at an end to end level, then it becomes much more what you pointed out, which is you have kind of point solutions and the role, you know, the CEO role doesn't make the kind of strategic impact that otherwise it could do so and this also comes back to some of the only appointee of you to do. If you think about how do you keep those four pillars and lock sync? It means you've gotta have the data leader. You also gotta have the technology, and in some cases they might be the same people. Hey, just for the moment, sake of argument, let's say they're all different people and many, many times. They are so the data leader of the technology of you and the operations leaders because the other ones own the business processes as well as the organizational years. You know, they've got it all worked together to make it an effective conservation. And so the organization structure that you talked about that in some cases my peers may not have that. You know, that's that. That is true. If the if the senior leadership is not thinking overall digital transformation, it's going to be difficult for them to them go out that >>you've also seen that culturally, historically, when it comes to data and analytics, a lot of times that the lines of business you know their their first response is to attack the quality of the data because the data may not support their agenda. So there's this idea of a data culture on, and I want to ask you how self serve fits into that. I mean, to the degree that the business feels as though they actually have some kind of ownership in the data, and it's largely, you know, their responsibility as opposed to a lot of the finger pointing that has historically gone on. Whether it's been decision support or enterprise data, warehousing or even, you know, Data Lakes. They've sort of failed toe live up to that. That promise, particularly from a cultural standpoint, it and so I wonder, How have you guys done in that regard? How did you get there? Many Any other observations you could make in that regard? >>Yeah. So, you know, I think culture is probably the hardest nut to crack all of those four pillars that I back up and you've got You've got to address that, Uh, not, you know, not just stop down, but also bottom up as well. As you know, period. Appear I'll give you some some examples based on our experience, that idea. So the way my organization is set up is there is a obviously a technology on the other. People who are doing all the data engineering were kind of laying out the foundational technical elements or the transformation. You know, the the AI enabled one be planning networks, and so so that are those people. And then there is another senior leader who reports directly to me, and his organization is all around adoptions. He's responsible for essentially taking what's available in the technology and then working with the business areas to move forward and make this make and infuse. A. I do the processes that the business and he is looking. It's done in a bottom upwards, deliberately set up, designed it to be bottom up. So what I mean by that is the team on my side is fully empowered to move forward. Why did they find a like minded team on the other side and go ahead and do it? They don't have to come back for funding they don't have, You know, they just go ahead and do it. They're basically empowered to do that. And that particular set up enabled enabled us in a couple of years to have one hundred thousand internal users on our Central data and AI enabled platform. And when I mean hundred thousand users, I mean users who were using it on a monthly basis. We company, you know, So if you haven't used it in a month, we won't come. So there it's over one hundred thousand, even very rapidly to that. That's kind of the enterprise wide storm. That's kind of the bottom up direction. The top down direction Waas the strategic element that I talked with you about what I said, Hey, be our data strategy is going to be to create, make IBM itself into any I enterprise and then use that as a showcase for plants and customers That kind of and be reiterated back. And I worked the senior leadership on that view all the time talking to customers, the central and our senior leaders. And so that's kind of the air cover to do this, you know, that mix gives you, gives you that possibility. I think from a peer to peer standpoint, but you get to these lot scale and to end processes, and that there, a couple of ways I worked that one way is we've kind of looked at our enterprise data and said, Okay, therefore, major pillars off data that we want to go after data, tomato plants, data about our offerings, data about financial data, that s and then our work full student and then within that there are obviously some pillars, like some sales data that comes in and, you know, been workforce. You could have contractors. Was his employees a center But I think for the moment, about these four major pillars off data. And so let me map that to end to end large business processes within the company. You know, the really large ones, like Enterprise Performance Management, into a or lead to cash generation into and risk insides across our full supply chain and to and things like that. And we've kind of tied these four major data pillars to those major into and processes Well, well, yes, that there's a mechanism they're obviously in terms off facilitating, and to some extent one might argue, even forcing some interaction between teams that are the way they talk. But it also brings me and my peers much closer together when you set it up that way. And that means, you know, people from the HR side people from the operation side, the data side technology side, all coming together to really move things forward. So all three tracks being hit very, very hard to move the culture fall. >>Am I also correct that you have, uh, chief data officers that reporting to you whether it's a matrix or direct within the division's? Is that right? >>Yeah, so? So I mean, you know, for in terms off our structure, as you know, way our global company, we're also far flung company. We have many different products in business units and so forth. And so, uh, one of the things that I realized early on waas we are going to need data officers, each of those business units and the business units. There's obviously the enterprise objective. And, you know, you could think of the enterprise objectives in terms of some examples based on what I said in the past, which is so enterprise objective would be We've gotta have a data foundation by essentially making data along these four pillars. I talked about clients offerings, etcetera, you know, very accessible self service. You have mentioned south, so thank you. This is where the South seven speaks. Comes it right. So you can you can get at that data quickly and appropriately, right? You want to make sure that the access control, all that stuff is designed out and you're able to change your policies and you'd swap manual. But, you know, those things got implemented very rapidly and quickly. And so you've got you've got that piece off off the off the puzzle due to go after. And then I think the other aspect off off. This is, though, when you recognize that every business unit also has its own objectives and they are looking at some of those things somewhat differently. So I'll give you an example. We've got data any our product units. Now, those CEOs right there, concern is going to be a lot more around the products themselves And how were monetizing those box and so they're not per se concerned with, You know, how you reduce the enter and cycle time off IBM in total supply chain so that this is my point. So they but they're gonna have substantial considerations and objectives that they want to accomplish. And so I recognize that early on, and we came up with this notion off a data officer council and I helped staff the council s. So this is why that's the Matrix to reporting that we talked about. But I selected some of the key Blair's that we have in those units, and I also made sure they were funded by the unit. So they report into the units because their paycheck is actually determined. Pilot unit and which makes them than aligned with the objectives off the unit, but also obviously part of my central approach so that I can disseminate it out to the organization. It comes in very, very handy when you are trying to do things across the company as well. So when we you know GDP our way, we have to get the company ready for Judy PR, I would say that this mechanism became a key key aspect of what enabled us to move forward and do it rapidly. Trouble them >>be because you had the structure that perhaps the lines of business weren't. Maybe is concerned about GDP are, but you had to be concerned with it overall. And this allowed you to sort of hiding their importance, >>right? Because think of in the case of Jeannie PR, they have to be a company wide policy and implementation, right? And if he did not have that structure already in place, it would have made it that much harder. Do you get that uniformity and consistency across the company, right, You know, So you will have to in the weapon that structure, but we already have it because way said Hey, this is around for data. We're gonna have these types of considerations that they are. And so we have this thing regular. You know, this man network that meat meets regularly every month, actually, and you know, when things like GDP are much more frequently than that, >>right? So that makes sense. We're out of time. But I wonder if we could just close if you could address the M I t CDO audience that probably this is the largest audience, Believe or not, now that it's that's virtual definitely expanded the audience, but it's still a very elite group. And the reason why I was so pleased that you agreed to do this is because you've got one of the more complex organizations out there and you've succeeded. And, ah, a lot of the hard, hard work. So what? What message would you leave the M I t CDO audience Interpol? >>So I would say that you know, it's it's this particular professional. Receiving a profession is, uh, if I have to pick one trait of let me pick two traits, I think what is your A change agent? So you have to be really comfortable with change things are going to change, the organization is going to look to you to make those changes. And so that's what aspect off your job, you know, may or may not be part of me immediately. But the those particular set of skills and characteristics and something that you know, one has to, uh one has to develop or time, And I think the other thing I would say is it's a continuous looming jaw. So you continue sexism and things keep changing around you and changing rapidly. And, you know, if you just even think just in terms off the subject areas, I mean this Syria today you've got to understand technology. Obviously, you've gotta understand data you've got to understand in a I and data science. You've got to understand cybersecurity. You've gotta understand the regulatory framework, and you've got to keep all that in mind, and you've got to distill it down to certain trends. That's that's happening, right? I mean, so this is an example of that is that there's a trend towards more regulation around privacy and also in terms off individual ownership of data, which is very different from what's before the that's kind of weather. Bucket's going and so you've got to be on top off all those things. And so the you know, the characteristic of being a continual learner, I think is a is a key aspect off this job. One other thing I would add. And this is All Star Coleman nineteen, you know, prik over nineteen in terms of those four pillars that we talked about, you know, which had to do with the data technology, business process and organization and culture. From a CDO perspective, the data and technology will obviously from consent, I would say most covert nineteen most the civil unrest. And so far, you know, the other two aspects are going to be critical as we move forward. And so the people aspect of the job has never bean, you know, more important down it's today, right? That's something that I find myself regularly doing the stalking at all levels of the organization, one on a one, which is something that we never really did before. But now we find time to do it so obviously is doable. I don't think it's just it's a change that's here to stay, and it ships >>well to your to your point about change if you were in your comfort zone before twenty twenty two things years certainly taking you out of it into Parliament. All right, thanks so much for coming back in. The Cuban addressing the M I t CDO audience really appreciate it. >>Thank you for having me. That my pleasant >>You're very welcome. And thank you for watching everybody. This is Dave a lot. They will be right back after this short >>break. You're watching the queue.
SUMMARY :
to you by Silicon Angle Media Great to see you. So when you you and I first met, you laid out what I thought was, you know, one of the most cogent frameworks and they came up with which have a role you know, seemed most meaningful to them. So how has that changed the role of CDO? And the last one is a risk reduction that they're going to reduce the risk, you know, So one of the big changes we've seen in the organization is that data pipeline you mentioned and and Now that's the pipeline you refer that you do, or or maybe it's more of a far flung organization. That is the I think the biggest, you know, and you know having. and the role, you know, the CEO role doesn't make the kind of strategic impact and it's largely, you know, their responsibility as opposed to a lot of the finger pointing that has historically gone And that means, you know, people from the HR side people from the operation side, So I mean, you know, for in terms off our structure, as you know, And this allowed you to sort of hiding their importance, and consistency across the company, right, You know, So you will have to in the weapon that structure, And the reason why I was so pleased that you agreed to do this is because you've got one And so the you know, the characteristic of being a two things years certainly taking you out of it into Parliament. Thank you for having me. And thank you for watching everybody. You're watching the queue.
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