Ben Nelson, Minerva Project | CUBE Conversation March 2020
(upbeat electronic music) >> Announcer: From the CUBE Studios in Palo Alto in Boston, connecting with thought leaders all around the world, this is a CUBE conversation. >> Hey welcome back already, Jeff Frick here with theCUBE. We're in our Palo Alto studios today having a Cube conversation. You know nobody can really travel, conference seasons are all kind of on hold, or going to digital, so there's a lot of interesting stuff going on. But thankfully we've got the capability to invite some of our community in. We're really interested in hearing from some of the leaders that we have in the community about what's going on in their world and you know, what they're telling their people. And what can we learn. So we're excited to have a good friend of mine who went to business school together, God it seems like it was over 20 years ago. He's Ben Nelson, the chairman and CEO of the Minerva Project. Ben great to see you and welcome. >> Thanks so much, great to be here. >> Yeah. So, you have always been kind of a trailblazer, I mean way back in the day I think that you've only had like two jobs in all this time, you know. (laughing) You know kind of changing the world of digital photography. >> Yeah three or four, three or four. >> Three or four. >> Yeah. (laughing) >> And after a really long run, you made this move to start something new in education. >> Yeah. >> Education's a big hairy monster. There's a lot of angles. And you started the Minerva Project, and I can't believe I looked before we got on today that that was nine years ago. So tell us about the Minerva Project, how you got started, kind of what's the mission, and then we'll get into it. >> Yeah so Minerva exists and it sounds somewhat lofty for an organization, but we do exist to serve this mission which is to nurture critical wisdom for the sake of the world. We think a wiser world is a better world. We think that really wisdom is the core goal of education and we decided that higher education is the area that is both most in need of transformation and also one that we're most capable of influencing. And so we set about actually creating our own university demonstrating an example of what a university can do. And then, helping tool other institutions to follow in those footsteps. >> Yeah it's a really interesting take. There's often times we're told if a time traveler came here from 1776, right, and walked around and would look at the way we drive, look at the way we communicate, look at the way we transact business. All these things would be so new and novel inventive. If you walked them over to Stanford or Harvard he'd feel right at home, you know. >> Yeah. >> So the education is still kind of locked in to this way that it's always been. So for you to kind of take a new approach, I mean I guess it did take actually starting your own school to be able to execute and leverage some of these new methods and tools, versus trying to move what is a pretty, you know, kind of hard to move institutional base. >> Yeah absolutely. And it's also you know, because we have to remember that universities as an institution started before the printing press. So if you go and talk to pretty much any university president, and ask him or her what is the mission of a university, generically, forget you know your university or what have you. They'll say, "Well generically universities exist "to create and disseminate knowledge." That's why they've been founded 1000 years ago and that's why they exist today. And you know, creation of knowledge I think there's a good argument to be made that the research mission of a university is important for the advancement of society and that it needs to be supported. Certainly directly in that regard. So much of you know the innovation that we benefit from today came from university labs and research. That's an important factor. But the dissemination of knowledge is a bit of an odd thing. I guess before the printing press, sure, yeah, I mean kind of hard to disseminate knowledge except for if you gather a whole bunch of people in a room and talk at them. Maybe they scribble notes very quickly. Well that's a decent way of disseminating knowledge because they can you know, one mouth and many pieces of paper and then they can read it later or study it. I guess that makes sense it's somewhat efficient. But after the printing press and certainly after the internet, the concept of a university needing to disseminate knowledge as it's core mission seems kind of crazy. It can't be that that's what universities are for. But effectively they're still structured in that way. And I don't think any university president when actually challenged in that way would argue the point. They would say, "Oh yes of course, "well what we really need to do is teach people "how to use knowledge or evaluate knowledge "or make sure that we communicate effectively "or understand how that knowledge can interact "with other pieces of knowledge and you know, "create new ways of thinking, et cetera." But that isn't the dissemination of knowledge. And that isn't the way that universities are actually structured. >> But it's funny that you say that. Even before you get to whether they should be still trying to disseminate knowledge, they're not even using the new tools now that they had the printing press that come along. (laughing) To disseminate knowledge. You know it's really interesting as we're going through this time right now with the coronavirus and a lot of things that were kind of traditional are moving in to digital and this new tool called Zoom which never fails to amaze me how many people are having their first Zoom call ever, right. >> Right, right. >> Ever, right I mean how long ago was Skype, how long ago was WebX. These tools have been around for a really interesting time, a long time. But now, you know, kind of a critical mass of technology that anybody can flip their laptop up, or their phone and go. You know you guys just in terms of a pure kind of tools play you know took advantage of the things that are available here in 2020 and 2019. So I wonder if you can share with the folks that don't have experience kind of using remote learning and remote access, you know what are some of the lessons you learned what are some of the best practice. What should people kind of think about what's capable and the things you can do with digital tools that you can't do when you're trying to get everybody in a classroom together at the same time. >> Right, so I think first and foremost, there's kind of the nuts and bolts. The basics. Right. So one of the things that you know, education environments have always been able to get away with is when you've got everyone in a room and you know, you're kind of cutting them off from the rest of life, you sometimes don't realize that you're talking into thin air, right. That maybe speaking students are not listening, they're not absorbing what you're saying. But you know they have to show up, at least in K 12, and higher ed they don't bother showing up and so the 15 people who do wind up showing up from the 100 person lecture I guess you do you say, "Oh at least they're listening." But the reality is that when you're online, you're competing with everything. You're competing with the next tab, you're competing with just not showing up. It's so much easier to just, you know, open up some game or something, some YouTube video. And so you've got to make this engaging. And making it engaging isn't about being entertaining. And that's actually one of the major problems of assessing who is a good professor and who isn't. You know people look at student reviews, right. They say, "Oh, you know such and such "was such a great professor." But when you actually track student reviews of professors to learning outcomes, there's a slight negative correlation. Right which means that the better the students believe the professor is actually that is an indicator that they've learned a little bit less. >> Right. >> That's really bizarre, intuitively. But when you actually think about it deeply, you realize that entertaining students isn't the job of a professor. It's actually teaching them. It's actually getting them to think through the material. And learning is hard, it's not easy. So you have to bring some of those techniques of engagement into online. And you can do that but it requires a lot of interactivity. So that's aspect number one. But really the much bigger idea isn't that you just do what you do offline and then put it online, right. Technology isn't at it's best when it mimics what you do without it, right. Technology didn't build an exact replica of the horse. >> Right, right. >> And said you know, ride that. Right. It doesn't make any sense, right. Instead, what technology should do is things you cannot do offline. One of the things that worked 300, 400 years ago is that you could study a subject matter in full. One professor, one teacher could teach you pretty much everything that people needed to know in a given field. In fact, the fields themselves were collapsed, right. Science, mathematics, you know, ethics were all put under this idea called philosophy. Philosophy was everything. Right. And so there's really we didn't have much to learn. But today, because we have so much information and so many tools to be able to process through that information, what happens is that education gets atomized. And you know you go through a college education you're you know, being taught by 25, 30 some different professors. But one professor really has no idea what you've learned previously. Even when they're in a 101, 102 sequence. How many times have we been in kind of the 102 class where in the first month all the professor did was repeat what happened in the 101 class because they didn't feel comfortable that you actually learned it. Or if the professor before them taught it the way they wanted it taught. >> Right, right. >> And that's because education is done offline with no data. If you actually have education in a data rich environment you can actually design cross cutting curriculum. You can shift the professor's role from disseminating knowledge to actually having students or mentoring students and guiding them in how to apply that knowledge. And so, once you have institutional views of curricula, you can use technology to deliver an institution wide education. Not by teaching you a way of thinking or a set of content, but giving you a set of tools that broadly any professor can agree on, and then apply them to whatever context professors want to present. And that creates a much more holistic education, and it's one that only can be done using technology. >> Ben that was a mouthful. You got into all kinds of good stuff there. (laughing) So let's break some of it down. That was fascinating. I mean I think you know the asynchronous versus synchronous opportunity if you will, to as you said kind of atomize education to the creation of content right the distribution of content and more importantly the consumption of content. Because why should I have to change my day if the person I want to hear is only available next Tuesday at noon pacific, right. It makes no sense anymore. And the long tail opportunities for this content that lives out there forever is pretty interesting. But it's a very interesting you know, kind of point of view if you assume that all the knowledge is already out there and now your job as an educator is to help train people to critically think about what's out there. How do I incorporate that, what are the things I should be thinking about when I'm integrating that into my decision. It's a very different way. And as you said, everything is an alt tab away. Literally the whole world is an alt tab away from that webinar. (laughing) Very good stuff. >> Exactly right. >> And the other piece I want to get your take on is really kind of lifetime learning. And I didn't know that you guys were you know kind of applying some of your principles oh my goodness where you actually measure effectiveness of teaching. And measure how long people hang out in the class. And measure whether it's good or not. But you're applying this really now in helping companies do digital transformation. And I think, you know, coming at that approach from a shift in thinking is really a different approach. I was just looking at an Andy Jassy keynote from a couple years ago yesterday, and he talked about the A number one thing in digital transformation is a buy in at senior leadership and a top down priority. So you know, what do you see in some of your engagements, how are you applying some of this principles to help people think about change differently? >> Yeah you know I think recessions are a very telling time for corporate learning. Right. And if you notice, what is the first budget that gets cut when economic times get tough it's the you know employee learning and development. Right. Those budgets just get decimated. Right off the bat. And that's primarily because employees don't see much value out of it, and employers don't really measure the impact of those things. No one's saying, "Oh my God, 'this is such an incredible program. "My employees were able to do x before this program, 'and then they were able to do one point five x afterward." You know, if people had that kind of training program in the traditional system, then they would be multi-billion dollar behemoths in the space. And there really are not. And that's because again, most of education is done in content land. And it's usually very expensive, and the results are not very good. Instead, if you actually think about learning tools as opposed to information, and then applying those tools in your core business, all of a sudden you can actually see transformation. And so when we do executive education programs as an example, you know we ask our learner how much of what you've learned can you apply to your job tomorrow? Right. And we see an overwhelming majority of our students are saying something like more than 80 to 90% of what they learned they can apply immediately. >> Wow, that's impressive. >> That's useful. >> Right. And why do you think is it just kind of institutional stuck in the mud? Is it the wrong incentive structure? I mean why you're talking about very simple stuff right. >> Yeah. >> Why don't you actually measure outcomes and adjust accordingly, you know. Use a data centric methodology to improve things over time, you know. Use digital tools in way that they can get you more than you can do in a physical space. I mean is it just inertia? I mean I really think this is a watershed moment because now everybody is forced into using these tools. Right. And there's a lot of, you know kind of psychology around habits and habit forming. >> Right, exactly. >> And if you do something for a certain amount of time every single day you know it becomes a habit. And if these stay in place orders which in my mind I think we are going to be doing it for a while, kind of change people's behavior and the way they use technology to interact with other folks. You know it could be a real, you know, kind of turning point in everyone's opening eyes that digital is different than physical. It's not exactly the same. There are some things in physical that are just better, but, you know there's a whole realm of things in digital that you cannot do when you're bound by time, location, and space. >> Exactly right. That's right. And I think the reason that it's so difficult to shift the system is because the training of people in the system, and I'm speaking specifically about higher education, really has nothing to do with education. Think about how a university professor becomes a university professor. How do they show up in a classroom? They get a bachelor's degree, where they don't learn anything about how to teach or how the mind works. They get a PhD, in which they learn nothing about how to teach or how the mind works. They do a post-doctoral research fellowship where they research in their field, right. Then they become an associate professor or an assistant professor and non-tenure, right. And in order to get tenure they've got seven years in order to make it on a publishing track, because how they teach is irrelevant. And they don't get any formal training on how to teach or how the brain works, right. Then they become you know, a junior tenured professor. A full tenured professor, right. And then maybe they become an administrator. Right. And so if you think about it, all they know is their field. And I've had conversations with academics which are to me befuddling, in the sense that you know they'll say, "Oh, you know, "everyone should learn how to think "like a historian. "Oh no everybody should learn to think "like an economist. "Everyone should learn to think "like a physicist." And you kind of unpack it, you say, "Well why?" And it's, "Oh well because we deploy pools "that nobody else deploys and it's so great." Right. And so it's OK give me an example. I had this conversation with a university president who was a historian. And that president said, "Look, you know, "what we do is we look at you know, "primary source materials hundreds of years ago "and learn to interpret what they say to us "and ascertain truth from that. "That's an incredibly important skill." I said, "OK, so what you're saying is you "examine evidence and evaluate that evidence "to see what it can actually tell you. "Isn't that what every single scientist, "social scientist, no matter what field they're in does? "Isn't that what a physicist does? "Isn't that what an economist does? "Isn't that what a psychologist does? "Right, isn't that what an English professor does?" Right actually thinking about I remember I took a mini module when I was an undergraduate with Rebecca Bushnell who is a literature professor, eventually became the dean of the college of arts and science at the University of Pennsylvania. And, we basically looked at a text written 400 years before, and tried to figure out what parts of the text were written by the author, what were transcription errors, and what was censored. That's looking at evidence. >> Right, right. >> This was an English professor. It's the exact same process. But because people know about it in their field and they think the only way to get to it is through their field, as opposed to teaching the tool, it can't get out of their own way. >> Yeah. >> And that's why I think education is so stuck right now. >> Yeah. That's crazy. And you know we're all victims of kind of the context in which we look through everything, and the lens in which we apply to everything that we see which is you know one of my things that there isn't really a kind of a truth it's what is your interpretation. And that's really you know, what is in your head. But I want to close it out. And Ben I really appreciate your time today. It's been a great conversation. And really kind of take it back to your mission which is around critical thinking. You know there's a lot of conversation lately, you know, this kind of rush to STEM as the thing. And there's certainly a lot of great job opportunities coming out of school if you're a data scientist and you can write in R. But what I think is a more interesting conversation is to get out of your own way. You know is the critical thinking as you know the AI and RPA and all these other things kind of take over more of these tasks and really this higher order need for people to think through complex problems. >> Right. >> I mean like we're going through today. Thank God people who are qualified and can see ahead and saw an exponential curve potential just really causing serious damage when we're still to head into this thing to take aggressive action. Dr. Sarah Cody here locally here you know, telling the San Jose Sharks you can't play. You know that is not an easy decision. But thankfully they did and they had the data. But really just your kind of thoughts on why you prioritize on critical thinking and you know can what you see with your students when they get out into the real world applying critical thinking not necessarily equations. >> Yeah look I think there's no better demonstration of how important critical thinking is than when you look at the kinds of advances that STEM is trying to make. Right. What happens any time we get a demonstration of the power of artificial intelligence, right. You remember a few years ago when Microsoft released it's AI engine. Right. Smartest engineers working on it, and all of a sudden it you know spat back misogynist racist types of perspectives. Why? The training set was garbage. It wasn't that the technology was bad, actually it was amazing technology. But the people who were writing it couldn't think. They didn't know how to think two steps ahead and say, "Wait a second, if we train "the information, kind of the random comments "we see on the internet, you know, "who bothers to write anonymomys comments?" Trolls, right. And so if we train it on a troll data set, it'll become an artificial intelligent troll. Right. It doesn't take a lot of critical thinking to actually realize that, but it takes some. >> Right. >> Right. And when you focus merely on those technical skills what you wind up doing is wasting it. Right. And so if you ground people in critical thinking, and we see this with our graduate. You know we graduated our very first class in May. And we had what as far as I can tell is the best graduate school placement of any graduating class in the country. As far as the quality of offers they got. We had a 94% placement rate in jobs in graduate positions. Which I think is tied with the very best ivy league institutions. And the kinds of jobs that the students are getting and six months into them the kinds of reviews that their employers are giving us looks nothing like a recent undergraduate. These are oftentimes types of jobs that are unavailable to recent undergraduates. And you know we had one student recently actually just told me, fresh in my mind, even though he was the youngest person in his company, when the CEO of his company has a strategic question he comes to him. And when he's in a meeting, full of PhDs, everybody looks to him to run the meeting and set the agenda. He's six months out of undergrad, right. And you know I can give you story after story after story about each and every one of these graduate. And it's not because they were born with it. They actually had a wise education. >> Yeah. Ben well that's a great story. And we'll leave it there. Congratulations again to you and the team at Minerva and what you've built and your first graduating class. Great accomplishment and really great to catch up, it's been too long. And when this is all over we'll have to get together and have an adult beverage. >> That would be wonderful. >> All right Ben thanks a lot. >> Thanks so much Jeff. >> All right. You've been watching theCUBE. Great check in with Ben Nelson. Thanks for watching. Everybody stay safe and we'll see you next time. (upbeat electronic music)
SUMMARY :
all around the world, this is a CUBE conversation. Ben great to see you and welcome. You know kind of changing the world Yeah. you made this move to start something new in education. And you started the Minerva Project, And so we set about actually creating he'd feel right at home, you know. you know, kind of hard to move institutional base. And it's also you know, because we have to remember But it's funny that you say that. and the things you can do with digital tools So one of the things that you know, But really the much bigger idea isn't that you just And you know you go through a college education And so, once you have institutional views of curricula, And as you said, everything is an alt tab away. And I didn't know that you guys it's the you know employee learning and development. And why do you think is it just kind of And there's a lot of, you know kind of psychology in digital that you cannot do when you're bound And that president said, "Look, you know, It's the exact same process. And that's really you know, what is in your head. and you know can what you see with your students "we see on the internet, you know, And you know I can give you story after story after story Congratulations again to you and the team Everybody stay safe and we'll see you next time.
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Nick Mehta, Gainsight | CUBE Conversation, April 2020
>> Announcer: From theCUBE Studios in Palo Alto and Boston, connecting with thought leaders all around the world, this is a CUBE conversation. >> Hey, welcome back, everybody. Jeff Frick with theCUBE. We're in our Palo Alto Studios on this kind of continuing leadership series that we've put together. Reaching out to the community for tips and tricks on kind of getting through what is, this kind of ongoing COVID crisis and situation as it continues to go weeks and weeks and weeks. And I'm really excited to have one of my favorite members of our community, is Nick Mehta, the CEO of Gainsight. Had the real pleasure of interviewing him a couple times and had to get him on. So Nick, thanks for taking some time out of your very busy day to join us. >> Jeff, honored to be here, thank you. >> Pleasure, so let's just jump into it. One of the reasons I wanted to get you on, is that Gainsight has been a distributed company from the beginning, and so I think the COVID, suddenly everyone got this work from home order, there was no prep, there was no planning, it's like this light switch digital transformation moment. So love to hear from someone who's been doing it for awhile. What are some of the lessons? How should people think about running a distributed company? >> Yeah, it's really interesting, Jeff, 'cause we are just by happenstance, from the beginning, distributed where we have, our first two offices were St. Louis and Hyderabad, India. So two places you cannot get there through one flight. So, you have to figure out how to collaborate asynchronously and then over time, we have offices in the Bay Area. We have tons of people that work from home. And so we try to tell people we don't have a headquarters. The headquarters is wherever you are, wherever you live and wherever you want to work. And so we've always been super flexible about come in to the office if you want, don't come in, et cetera. So different than some companies in that respect. And because of that, pre-COVID, we always a very heavy video culture, lots of video conferencing. Even if some people were in an office, there's always somebody else dialing in. One benefit we got from that is you never had to miss your kids' stuff or your family things. I would go to my daughter's performance in the middle of the day and know I can just dial into a call on the way there. And so we always had that. But what's amazing is now we're all on a level playing field, there's nobody in our office. And I got to say, this is, in some ways, even better 'cause I feel like when you're the person dialed in, and a lot of people are in a room, you probably had that experience, and it feels like you're kind of not on the same playing field, right? Hard to hear the jokes or the comments and you might not feel like you're totally in crowd, so to speak, right? But now everyone's just at their computer, sitting there in a chair all day doing these Zooms and it does feel like it's equalizing a little bit. And what it's caused us to do is say, hey, what are ways we can all recreate that community from home? So as an example, every 7:45 a.m. every day, we have a Zoom call that's just pure joy and fun. Trivia, pets, kids. The employees' kids announce people's birthdays and the weather. And so these ways we've been able to integrate our home and our work that we never could before, it's really powerful. It's a tough situation overall, and we feel for all the people affected. But even in tough situations, there are silver linings, and we're finding 'em. >> Yeah, it's funny, we just had Darren Murph on the other day. I don't know if you know Darren. He is the head of Remote Work at GitLab, and he-- >> Oh, yeah. >> And he talked about kind of the social norms. And one of the instances that he brought up was, back in the day when you had some people in the office, some people joining via remote, that it is this kind of disharmony because they're very different situations. So one of his suggestions was have everybody join via their laptop, even if they're sitting at their desk, right? So, as you said, you get kind of this level playing field. And the other thing which dovetails off what you just said is he always wanted executives to have a forcing function to work from home for an extended period of time, so they got to understand what it's all about. And it's not only looking through a little laptop or this or that, but it's also the distractions of the kids and the dogs and whatever else is happening around the house. So it is wild how this forcing function has really driven it. And his kind of takeaway is, as we, like say, move from can we get it into cloud to cloud first? And does it work on mobile to mobile first? >> Now it's really-- >> Yeah. >> It's really remote first. And if you-- >> Remote first. >> A remote first attitude about it and kind of turn it on it's head, it's why shouldn't it be remote versus can it be remote? It really changes the conversation and the dynamic of the whole situation. >> I love that. And just, GitLab, by the way, has been a true inspiration 'cause they are the most remote, remote company. And they share so much, I love what you said. As just two examples of reacting to what you said, pre-COVID, we always wanted to keep a level playing field. So we actually moved our all-hands meetings to be instead of being broadcast from one room, and you're kind of seeing this small screen with all these people, we all just were at computers presenting. And so everyone's on a level playing field. So I thought what GitLab said is great. And then the other point, I think post-COVID we have learned is the kids and the dogs aren't distractions, they're part of our life. And so embracing those and saying, hey, I see that kid in the background, bring them onto the screen. Even during work meetings, even customer meetings, you know? And I'm seeing, I'm on a customer meeting and the customer's bringing their kids onto the screen and it's kind of breaking this artificial wall between who we are at home and who we are at work 'cause we're human beings all throughout. At Gainsight, we talk about a human first approach to business and we've never been more human as a world than we are right now. >> Love it, love it. So another, get your thoughts on, is this whole idea of measurement and productivity at home. And it's really, I have to say, disturbing to see some of the new product announcements that are coming out in terms of people basically snoopin' on people. Whether it's trackin' how many hours of Zoom calls they're on, or how often are they in the VPN, or having their camera flip on every so many minutes or something. We had Marten Mickos on, who's now the CEO of HackerOne. He was CEO at MySQL years ago before it went to Sun and he had the great line, he said, it's so easy to fake it at the office, but when you're at home and you're only output is your deliverable, it makes it a lot easier. So I wonder if you can share some of your thoughts in terms of kind of managing output, setting expectations, to get people to get their work done. And then, as you see some of these new tools for people that are just entering this thing, it's just not right (chuckles). >> Yeah, I agree with you and Marten. I'm a huge fan of Marten, as well, I totally agree with both of it. And I think there's an older approach to work, which is more like a factory. It's like you got to see how many widgets you're processing and you got to micromanage and you got to monitoring and inspecting. Look, I don't run a factory, so maybe there are places where that model makes sense. So I'm not going to speak for every leader, but I could say if you're in a world where your job is information, services, software, where the value is the people and their knowledge, managing them that way is a losing battle. I go back to, some folks probably know, this famous TED Talk by Dan Pink on basically what motivates people. And in these knowledge worker jobs, it's autonomy, mastery and purpose. So autonomy, we have the freedom to do what we want. Mastery, we feel like we're getting better at jobs. And purpose, which is I have a why behind what I do. And I think, take that time you spend on your micromanagement and your Zoom, analyzing the Zoom sessions, and spend it on inspiring your team, on the purpose. Spend it on enabling your team in terms of mastery. Spend it on taking away barriers so they have more autonomy. I think you'll get way more out of your team. >> Yeah, I agree. I think it's, as Darren said, again, he's like, well, would you trust your people if you're on the fourth floor and they're on the sixth? So just-- >> Yeah, exactly. >> If you don't trust your people, you got to bigger issue than worrying about how many hours they're on Zoom, which is not the most productive use of time. >> People waste so much time in the office, and getting to the office. And by the way, I'm not saying that it's wrong, it's fine too. But it's not like the office is just unfettered productivity all the time, that's a total myth. >> Yes, so let's shift gears a little bit and talk about events. So, obviously, the CUBE's in the event business. We've had to flip completely 'cause all the events are, well, they're all going digital for sure, and/or postponing it or canceling. So we've had to flip and do all dial-ins and there's a whole lot of stuff about asynchronous. But for you, I think it's interesting because as a distributed company, you had Gainsight Pulse as that moment to bring people together physically. You're in the same boat as everybody else, physical is not an option this year. So how are you approaching Gainsight Pulse, both because it's a switch from what you've done in the past, but you at least had the benefit of being in a distributed world? So you probably have a lot of advantages over people that have never done this before. >> Yeah, that's a really interesting, insightful observation. So just for a context, Pulse is an event we do every year to bring together the customer success community. 'Cause, as you observed, there is value in coming together. And so this is not just for our employees, this is for all the customer success people, and actually increasingly product management people out there, coming together around this common goal of driving success for your customers. And it started in 2013 with 300 people, and last year, we had 5,000 people at our event in San Francisco. We had similar events in London and Sydney. And so it's a big deal. And there's a lot of value to coming together physically. But obviously, that's not possible now, nor is it advisable. And we said, okay, how do we convert this and not lose what's special about Pulse? And leverage, like you said, Jeff, the fact that we're good at distributed stuff in general. And so we created what we call Pulse Everywhere. We didn't want to call it Pulse Virtual or something like that, Pulse Webinar, because we didn't want to set the bar as just like, oh, my virtual event, my webinar. This is something different. And we called it Everywhere, 'cause it's Pulse wherever you are. And we joke, it's in your house, it's in your backyard, it's on the peloton, it's walking the dog. You could be wherever you are and join Pulse this year, May 13th and 14th. And what's amazing is last year we had 5,000 people in person, this year we already have 13,000 people registered as of the end of April. And so we'll probably have more than three times the number of people at Pulse Everywhere. And we're really bringing that physical event concept into the virtual, literally with, instead of a puppy pit, where you're in a physical event, you'll bring puppies often, we have a puppy cam where you can see the puppies. We're not giving up on all of our silly music videos and jokes and we actually ship cameras and high-end equipment to all the speakers' houses. So they're going to have a very nice digital experience, our attendees are. It's not going to be like watching a video conference call. It's going to be like watching a TV show, one much like what you try to do here, right? And so we have this amazing experience for all of our presenters and then for the audience. And we're really trying to say how do we make it so it feels like you're in this really connected community? You just happen to not be able to shake people's hands. So it's coming up in a few weeks. It's a big experiment, but we're excited about it. >> There's so many conversations, and we jumped in right away, when this was all going down, what defines a digital event? And like you, I don't like the word virtual. There's nothing fake or virtual. To me, virtual's second to life. And kind of-- >> Yeah. >> Video game world. And like you, we did, it can't be a webinar, right? And so, if you really kind of get into the attributes of what is a webinar? It's generally a one-way communication for a significant portion of the allocated time and you kind of get your questions in and hopefully they take 'em, right? It's not a truly kind of engaged process. That said, as you said, to have the opportunity to separate creation, distribution and consumption of the content, now opens up all types of opportunity. And that's before you get into the benefits of the democratization, as you said, we're seeing that with a lot of the clients we work with. Their registration numbers are giant. >> Totally. >> Because-- >> You're not traveling to spend money, yeah. >> It'll be curious to see what the conversion is and I don't know we have a lot of data there. But, such a democratizing opportunity. And then, you have people that are trying to force, as Ben Nelson said on, you know Ben from Minerva, right? A car is not a mechanical horse, they're trying to force this new thing into this old paradigm and have people sit for, I saw one today, 24 hours, in front of their laptop. It's like a challenge. And it's like, no, no, no. Have your rally moment, have your fun stuff, have your kind of your one-to-many, but really there's so much opportunity for many-to-many. >> Many-to-many. >> Make all the content out there, yeah. >> We've created this concept in this Pulse Everywhere event called Tribes. And the idea is that when you go to an event, the goal is actually partially content, but a lot of times it's connection. And so in any given big event, there's lots of little communities out there and you want to meet people "like you". Might be people in a similar phase of their career, a similar type of company, in our case, it could be companies in certain industry. And so these Tribes in our kind of Pulse Everywhere experience, let people break out into their own tribes, and then kind of basically chat with each other throughout the event. And so it's not the exact same thing as having a drink with people, but at least a little bit more of that serendipitous conversation. >> Right, no, it's different and I think that's really the message, right? It's different, it's not the same. But there's a lot of stuff you can do that you can't do in the physical way, so quit focusing on what you can't do and embrace what you can. So that's great. And good luck on the event. Again, give the plug for it. >> Yeah, it's May 13th and 14th. If you go to gainsightpulse.com you can sign up, and it's basically anything related to driving better success for your customers, better retention, less churn, and better product experience. It's a great event to learn. >> Awesome, so I want to shift gears one more time and really talk about leadership. That's really kind of the focus of this series that we've been doing. And tough times call for great leadership. And it's really an opportunity for great leaders to show their stuff and let the rest of us learn. You have a really fantastic style. You know I'm a huge fan, we're social media buddies. But you're very personable and you're very, kind of human, I guess, is really the best word, in your communications. You've got ton of frequency, ton of variety. But really, most of it has kind of this human thread. I wonder if you can share kind of your philosophy behind social, 'cause I think a lot of leaders are afraid of it. I think they're afraid that there is reward for saying something stupid is not worth the benefit of saying okay things. And I think also a lot of leaders are afraid of showing some frailty, showing some emotion. Maybe you're a little bit scared, maybe we don't have all the answers. And yet you've really, you're not afraid at all. And I think it's really shines in the leadership activities and behaviors and things you do day in and day out. So how do you think about it? What's your strategy? >> Yeah, it's really interesting you ask, Jeff, because I'm in a group of CEOs that get together on a regular basis, and I'm going to be leading a session on social media for CEOs. And honestly, when I was putting it together, I was like, it's 2020, does that still need to exist? But somehow, there is this barrier. And I'll talk more about it, but I think the barrier isn't just about social media, it's just about how a CEO wants to present herself or himself into the world. And I think, to me, the three things to ask yourself are, first of all, why? Why do you want to be on social media? Why do you want to communicate to the outside? You should have a why. Hopefully you enjoy it, but also you're connecting from a business perspective with your customers. And for us, it's been a huge benefit to really be able to connect with our customers. And then, who are you targeting? So, I actually think an important thing to think about is it's okay to have a micro-audience. I don't have millions of Twitter followers like Lady Gaga, but within the world of SaaS and customer success and retention, I probably have a decent number. And that means I can really connect with my own specific audience. And then, what. So, the what is really interesting 'cause I think there's a lot of non-obvious things about, it's not just about your business. So I can tweet about customer success or retention and I do, but also the, what, about you as an individual, what's happening in your family? What's happening in the broader industry, in my case of SaaS? What's happening in the world of leading through COVID-19? All the questions you've asked, Jeff, are in this lens. And then that gets you to the final which is the, how. And I think the, how, is the most important. It's basically whether you can embrace the idea of being vulnerable. There's a famous TED Talk by Brene Brown. She talks about vulnerability is the greatest superpower for leaders. I think the reason a lot of people have a hard time on social media, is they have a hard time really being vulnerable. And just saying, look, I'm just a human being just like all of you. I'm a privileged human being. I have a lot of things that luckily kind of came my way, but I'm just a human being. I get scared, I get anxious, I get lonely, all those things. Just like all of you, you know. And really being able to take off your armor of, oh, I'm a CEO. And then when you do that, you are more human. And it's like, this goes back to this concept of human first business. There's no work persona and home persona, there's just you. And I think it's surprising when you start doing it, and I started maybe seven, eight, nine years ago, it's like, wow, the world wants more human leaders. They want you to just be yourself, to talk about your challenges. I had the kids, when we got to 13,000 registrations for Pulse Everywhere, they pied me in the face. And the world wants to see CEOs being pied in the face. Probably that one, for sure, that's a guaranteed crowd pleaser. CEOs being pied in the face. But they want to see what you're into outside of work and the pop culture you're into. And they want to see the silly things that you're doing. They want you to be human. And so I think if you're willing to be vulnerable, which takes some bravery, it can really, really pay off for your business, but I think also for you as a person. >> Yeah, yeah. I think it's so insightful. And I think people are afraid of it for the wrong reasons, 'cause it is actually going to help people, it's going to help your own employees, as well, get to know you better. >> Totally, they love it. >> And you touched on another concept that I think is so important that I think a lot of people miss as we go from kind of the old broadcast world to more narrow casting, which is touching your audience and developing your relationship with your audience. So we have a concept here at theCUBE that one is greater than 1% of 100. Why go with the old broadcast model and just spray and you hope you have these really ridiculously low conversion rates to get to that person that you're trying to get to, versus just identifying that person and reaching out directly to those people, and having a direct engagement and a relative conversation within the people that care. And it's not everybody, but, as you said, within the population that cares about it it's meaningful and they get some value out of it. So it's a really kind of different strategy. So-- >> I love that. >> You're always get a lot of stuff out, but you are super prolific. So you got a bunch of projects that are just hitting today. So as we're getting ready to sit down, I see you just have a book came out. So tell us a little bit about the book that just came out. >> Sure, yeah, it's funny. I need to get my physical copy too at my home. I've got so a few, just for context. Five years ago, we released this first book on "Customer Success" which you can kind of see here. It's surprising really, really popular in this world of SaaS and customer success and it ties, Jeff, to what you just said which is, you don't need to be the book that everyone in the world reads, you need to be the book that everyone in your world reads. And so this book turned out to be that. Thousands of company management teams and CEOs in software and SaaS read it. And so, originally when this came out, it was just kind of an introduction to what we call customer success. Basically, how do you retain your customers for the long-term? How do you get them more value? And how do you get them to use more of what they've bought and eventually spend more money with you? And that's a mega-trend that's happening. We decided that we needed an update. So this second book is called "Customer Success Economy." It just came out, literally today. And it's available on Amazon. And it's about the idea that customer success started in tech companies, but it's now gone into many, many industries, like healthcare, manufacturing, services. And it started with a specific team called the customer success management team. But now it's affecting how companies build products, how they sell, how they market. So it's sort of this book is kind of a handbook for management teams on how to apply customer success to your whole business and we call it "Customer Success Economy" 'cause we do think the future of the economy isn't about marketing and selling transactional products, but it's about making sure what your customers are buying is actually delivering value for them, right? That's better for the world, but it's also just necessary 'cause your customers have the power now. You and I have the power to decide how to transport ourselves, whether it's buying a car or rideshare, in the old world when we could leave our house. And we have the power to decide how we're going to stay in a city, whether it's a hotel or Airbnb or whatever. And so customers have the power now, and if you're not driving success, you're not going to be able to keep those customers. And so "Customer Success Economy" is all about that. >> Yeah, and for people that aren't familiar with Gainsight, obviously, there's lots of resources that they can go. They should go to the show in a couple weeks, but also, I think, the interview that we did at PagerDuty, I think you really laid out kind of a great definition of what customer success is. And it's not CRM, it has nothing to do with CRM. CRM is tracking leads and tracking ops. It's not customer success. So, people can also check that. But I want to shift gears again a little bit because one, you also have your blog, MehtaPhysical, that came out. And you just came out again recently with a new post. I don't know when you, you must have a army of helper writers, but you talk about something that is really top of mind right now. And everyone that we get on theCUBE, especially big companies that have the benefit of a balance sheet with a few bucks in it, say we want to help our customers, we want to help our people be safe, obviously, that's first. But we also want to help our customers. But nobody ever really says what exactly does that mean? And it's pretty interesting. You lay out a bunch of things that are happening in the SaaS world, but I jumped on, I think it's number 10 of your list, which is how to think about helping your customers. And you give some real specific kind of guidance and guidelines and definitions, if you will, of how do you help our customers through these tough times. >> Yeah, so I'll summarize for the folks listening. One of the things we observed is, in this terrible tough times right now, your customers are in very different situations. And for simplicity, we thought about three categories. So the companies that we call category one, which are unfortunately, adversely affected by this terrible crisis, but also by the shutdown itself, and that's hotels, restaurants, airlines, and you can put other folks in that example. What do those customers need? Well, they probably need some financial relief. And you have to figure out what you're going to do there and that's a hard decision. And they also just need empathy. It's not easy and the stress level they have is massive. Then you've got, on the other extremes, a small number of your customers might be doing great despite this crisis or maybe even because of it, because they make video conferencing technology or remote work technology, or they make stuff for virtual or telemedicine. And those folks actually are likely to be super busy because they're just trying to keep up with the demand. So what they need from you is time and help. And then you got the people in between. Most companies, right, where there may be a mix of some things going well, some don't. And so what we recommended is think about your strategy, not just inside out, what you want, but outside in, what those clients need. And so as an example, you might think about in that first category, financial relief. The second category, the companies in the middle, they may need, they may not be willing to spend more money, but they may want to do more stuff. So maybe you unlock your product, make it available, so they can use everything in your suite for a while. And maybe in that third category, they're wiling to spend money, but they're just really busy. So maybe you offer services for them or things to help them as they scale. >> Yeah, so before I let you go, I just want to get your reaction to one more great leader. And as you can tell, I love great leaders and studying great leaders. Back when I was in business school we had Dave Pottruck, who at that time was the CEO of Schwab, come and speak and he's a phenomenal speaker and if you ever get a chance to see him speak. And at that point in time, Schwab had to reinvent their business with online trading and basically kill their call-in brokerage for online brokerage, and I think that they had a fixed price of 19.99, whatever it was. This was back in the late 90s. But he was a phenomenal speaker. And we finished and he had a small dinner with a group of people, and we just said, David, you are a phenomenal speaker, why, how, why're you so good? And he goes, you know, it's really pretty simple. As a CEO, I have one job. It's to communicate. And I have three constituencies. I kind of have the street and the market, I have my internal people, and then I have my customers and my ecosystem. And so he said, I, and he's a wrestler, he said, you know I treated it like wrestling. I hired a coach, I practiced my moves, I did it over and over, and I embraced it as a skill and it just showed so brightly. And it's such a contrast to people that get wrapped around the axle with their ego, or whatever. And I think you're such a shiny example of someone who over communicates, arguably, in terms of getting the message out, getting people on board, and letting people know what you're all about, what the priorities are, and where you're going. And it's such a sheer, or such a bright contrast to the people that don't do that that I think is so refreshing. And you do it in a fun and novel and in your own personal way. >> That's awesome to hear that story. He's a inspirational leader, and I've studied him, for sure. But I hadn't heard this specific story, and I totally agree with you. Communication is not something you're born with. Honestly, you might know this, Jeff, or not, as a kid, I was super lonely. I didn't really have any friends and I was one of those kids who just didn't fit in. So I was not the one they would pick to be on stage in front of thousands of people or anything else. But you just do it over and over again and you try to get better and you find, I think a big thing is finding your own voice, your own style. I'm not a super formal style, I try to be very human and authentic. And so finding your style that works for you, I agree, it's completely learnable. >> Yeah, well, Nick, thank you. Thanks for taking a few minutes. I'm sure you're super, super busy getting ready for the show in a couple weeks. But it's always great to catch up and really appreciate you taking some time to share your thoughts and insights with us. >> Thank you, Jeff, it's an honor. >> All right, he's Nick Mehta, I'm Jeff Frick. You're watching theCUBE. Thanks for watching, we'll see you next time. (soft music)
SUMMARY :
all around the world, this And I'm really excited to have One of the reasons I wanted to get you on, And I got to say, this is, I don't know if you know Darren. back in the day when you had And if you-- and the dynamic of the whole situation. reacting to what you said, And it's really, I have to And I think, take that time you spend well, would you trust your people If you don't trust your And by the way, I'm not So how are you approaching And leverage, like you said, Jeff, and we jumped in right away, of the democratization, as you said, to spend money, yeah. And then, you have people And so it's not the exact same thing And good luck on the event. and it's basically anything related and things you do day in and day out. And I think, to me, the three things get to know you better. And it's not everybody, but, as you said, I see you just have a book came out. and it ties, Jeff, to what you just said And you just came out again And you have to figure out And it's such a contrast to And so finding your and really appreciate you taking some time we'll see you next time.
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