S9-Ep50: AI Is Changing Your Business Model; Boston Consulting Group’s Managing Director Explains How

Guest: Suchi Srinivasan AI is disruptive. It’s already disrupting society, and is disrupting business faster than the internet did. It’ll disrupt you, too. But is that bad…or good?   The answer is up to you. Guest Suchi Srinivasan of Boston Consulting Group shares her comprehensive view of the effects of AI on business now – and in the near future. The bottom line? Artificial intelligence is a tool like any other: embrace it and adopt it wisely, and it can be a significant boon to your operations and for your staff. And it has the potential to finally solve food insecurity and other global issues that have plagued humanity for centuries. Here's what Suchi and Maureen cover: The new business models – and ethical dilemmas – AI brings to your decision-making; The role of technology in boosting your balance sheet…and in solving hunger and other global issues; and The persistent gender imbalance in the tech workforce, and what women can do to overcome it.   Other episodes you'll enjoy: Leading with an Eye on AI with Neil Sahota The Rise of Humanness (The Role of People in an AI World) with Chis Nolan & Michael Schindler Unleashing the Power of Human-AI Collaboration with Neil Sahota For daily wisdom from our guests, be sure to follow us on LinkedIn. We’re on Instagram, Threads, and Twitter, too!   RESOURCES:   You can learn more about Suchi’s work at Boston Consulting Group on the firm’s website: https://www.bcg.com. Search for her podcast, In Her Ellement, on your favorite podcast platform; for example, it’s on Podbean at https://www.podbean.com/podcast-detail/n9cty-268d9c/In-Her-Ellement-Podcast.   Our host, Maureen Metcalf, posts a newsletter every week on LinkedIn. You can subscribe here.    She’s also written several award-winning books on leadership development. You can peruse and purchase them here.    Books we’re reading for fun or personal development right now include: Three Rocks: The Story of Ernie Bushmiller, the Man Who Created Nancy by Bill Griffith The Five Lost Superpowers: Why We Lost Them & Hot to Get Them Back by John Reid, et al The Parable of the Sower by Octavia Butler The Left Hand of Darkness by Ursula K. LeGuin -----------------------   OUR PODCAST TEAM:   Host & Executive Producer: Maureen Metcalf Editor & Producer: Dan Mushalko Video & Graphics Editor: Devon Mushalko Assistant Editor & Raconteur: Luigi Morelli Firmly in their element: Jenna Reik & Mike Morrow-Fox CONNECT WITH US:  YouTube: @InnovatingLeadership  Threads: @innovativeleaders Twitter: @IL_Institute  LinkedIn: https://bit.ly/ILI-LinkedIn2  Instagram: @innovativeleader  TikTok: @innovativeleadership Website: InnovativeLeadershipInstitute.com    Loved this episode? Leave us a review and rating!  -----------------------   About Our Guest:   Suchi Srinivasan is a managing director and partner at BCG and has occupied the role since 2022. Suchi grew up with a dad who worked as an engineer, and vividly remembers the tech he brought home with him from work. After her studies, she went on to work as a software engineer at the former Bell Telephone Laboratories, moving on to Microsoft during a time of huge change and innovation in the company. Suchi is passionate about using technology as a way to solve some of our world’s most complex and pressing challenges such as climate change.   In 2011 Suchi became one of the founding members of the Cleanweb Hackathon, a non-profit community-building event for global entrepreneurs and software developers. The goal was to drive IT-powered innovation and large-scale climate change impact. The event grew into an organization that boasted over 10,000 members across 25+ countries.   Suchi is also an advisor and sponsor for Women In Cloud, a community-led economic development organization taking collective action to generate $1B in new net economic access for women entrepreneurs and professionals by 2030. Suchi is a seasoned executive operating cross-vertical to help businesses recognize the threats and opportunities brought on by Digital and AI.   She has two decades of experience across Microsoft, McKinsey and Dell envisioning and operationalizing response strategies to build ecosystems, deliver solutions and services, grow customer satisfaction and bring new products to market.   Suchi has 20+ experience in digital, B2B software and hardware. Track record of driving growth, M&A, GTM operations, and partnerships in Fortune 500 and venture-backed startups. Exceptional business acumen, operational savvy, deep intellectual curiosity, and entrepreneurial spirit to lead investors and board members, customer CxOs, and cross-functional global teams in engineering-driven cultures and fast-paced, resource-constrained environments to deliver on ambitious breakthrough initiatives.