In this episode of The Tech Trek, Amir Bormand is joined by Neil Bhandar, VP of IT Enterprise Data Analytics and Innovation at Generac Power Systems, to discuss the evolving role of data in business strategy and decision-making. Neil shares his insights on aligning technical capabilities with strategic goals, reducing the "cost of curiosity," and the transformative power of generative AI.
Key Discussion Points:
- Aligning Business Strategy with Technical Capabilities:
Neil emphasizes ensuring technical capabilities align with business goals, enabling organizations to create meaningful value. - The Role of Data in Decision-Making:
Data’s ability to maintain a balanced perspective is crucial for making informed, strategic business decisions, especially in dynamic environments. - Generative AI and Business Transformation:
Neil explores how generative AI reshapes industries and why business leaders must develop a deeper understanding of its potential to stay competitive. - Reducing the "Cost of Curiosity":
Learn how organizations can make exploring insights easier and more affordable, fostering innovation without escalating costs. - Future of Data Technology
Neil discusses where data technology is headed, including its pivotal role in corporate strategy and innovation.
Takeaways:
This episode offers actionable insights for data leaders and executives looking to:
- Foster alignment between strategy and technology.
- Embrace AI as a competitive differentiator.
- Build data-driven cultures that empower informed decision-making.
- Drive innovation while managing operational costs effectively.
Tune in to hear Neil's expert perspectives and practical advice for navigating the ever-evolving data and technology landscape.
Guest:
Neil Bhandar is the Vice President of IT Enterprise Data Analytics and Innovation at Generac Power Systems. With over two decades of experience in data analytics, business intelligence, and IT strategy, Neil specializes in transforming technical capabilities into strategic business outcomes. He has a proven track record of driving innovation, optimizing operational processes, and leading cross-functional teams to harness the power of data in decision-making. Neil is passionate about aligning technology with business goals to foster growth and efficiency, making him a respected leader in enterprise data analytics.
https://www.linkedin.com/in/NeilBhandar/
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Please message me at https://www.linkedin.com/in/amirbormand (Amir Bormand)