Tom Siebel: Ceos Must Take the Tech Reins Founder’S Message 2 When One of the Most Successful the Internet of Things (Iot)
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LEADERS COMING TOGETHER EXCHANGING STRATEGIC INSIGHTS TAPPING COLLECTIVE EXPERIENCE Volume 12, Issue 1 Spring 2018 Since 1996 Alliance Voices Carry Message of the Alliance of Chief Enormous Advancement Executives has been By Warren Lutz Regional meeting in San Ramon, Alliance member helping CEOs solve Chris Burnley (Group 110), Founder & CEO of From digital platforms and gene editing to the pace their most profound, Corefact, shared his thoughts on the impact of of technology and its future impact on society, our direct marketing in today’s realm of social media, and strategic challenges. Alliance members are leading amazing advancements. explained how an integrated omni-channel marketing Throughout 2017, our members delivered a wide strategy can generate superior results. As the premier variety of “Alliance Voices” presentations to our organization for chief community of leaders, sharing their expertise, passions With such a cluttered menu of marketing options, and prodigious contributions to today’s leading how do organizations reach their core audiences more executives in Northern breakthroughs and transformations. Here we share effectively? By capitalizing on analytics and blending California, we gather a glimpse of how our Alliance members are doubling marketing platforms, that’s how. We’ve all experienced down on massive innovation. what’s called “tangible remarketing,” and it looks like leaders from virtually this: One day, you’re looking for a Few industries have been affected every industry and particular car online, and the next, more deeply by the Internet than you’re receiving a flyer in the mail market sector to marketing. We’ve gone from the showcasing the car and the color 1990s, when the Internet was engage in confidential you were looking at. Coincidental? clunky and poorly integrated with No. Impactful? Yes. And it’s exchanges that TV, print, radio or hardly anything happening now. else, to Google AdWords, YouTube, typically wouldn’t—or and more recently, content Editing human genes is incredibly couldn’t—take place marketing via white papers, blogs, precise, tough work. But it’s gotten Pinterest, social media and more. much easier thanks to the recent anywhere else. Chris Burnley Rarely do celebrities endorse Rachel Haurwitz discovery of a new protein, which Corefact products anymore, either. The Caribou has led to a new DNA editing “Direct Marketing predominant norm today is peer Biosciences process called Clustered Regularly in the Age of marketing via Yelp, Amazon and “CRISPR: Hacking Interspaced Short Palindromic Social Media” other feedback-driven platforms. the Genome” Repeats, or CRISPR. It’s an apt During our November 17th Continued on page 6 INSIDE... Tom Siebel: CEOs Must Take the Tech Reins Founder’s Message 2 When one of the most successful the Internet of Things (IoT). And every CEO should tech leaders of all time says CEOs understand them all. Members Speak 3 should personally drive decisions about technology, it’s probably a That’s because the coming digital transformation— good idea to listen. being led by companies like Amazon, Uber and Keynote: Facebook—could quickly kill off any company, even But there could be an even one as large as Wal-Mart. Amazon, for example, Behnam Tabrizi 4 better reason. If you don’t, your already owns 34% of the online U.S. retail market organization may not have long and is expected to own half by the year 2021. New Members 4 to live. “There’s some question whether IBM will survive,” Tom Siebel “Most CEOs have no idea how Siebel said. “They missed the cloud—and that’s a Chairman & CEO massively disruptive the coming pretty big miss if you’re in the IT business, because Community Events 5 C3 IoT digital transformation will be that’s where everything is going.” or how quickly it will happen,” If anyone can see what technology has in store, it Member News 7 said Tom Siebel, a Silicon Valley legend and current may be Siebel, who has been one of Silicon Valley’s Chairman & CEO of C3 IoT. “My message to them: brightest and most successful entrepreneurs for whatever you think you’re doing, it’s not enough.” more than four decades. Siebel was the co-founder Upcoming Events 8 In an exclusive interview with the Alliance of Chief and former CEO of Siebel Systems, which captured Executives, Siebel says a major “extinction event” nearly half of the CRM software market before being is under way in the form of a multi-layered digital acquired by Oracle for $5.8 billion. In addition to transformation that will crush organizations that his role at C3 IoT, Siebel is chairman of First Virtual aren’t prepared to survive. The technologies driving Group, a diversified holding company with interests this transformation include cloud computing, big in investment management, commercial real estate, data, social media, artificial intelligence (AI) and agribusiness and philanthropy. Continued on page 6 Page 2 Spring 2018 Building Community in the Age of Exponential Change When I founded the Alliance of Chief John Kelly, SVP of Cognitive Solutions for IBM, said “we live Executives in 1996, the Internet was just as human beings in a linear world – where distance, time and beginning, and Northern California was velocity are linear. But the growth of technology today is on an at the epicenter of creating technologies exponential curve. The only exponential we ever experience is that would change the world forever. I’ve when something is accelerating, like a car, or decelerating really always believed in the power of bringing suddenly with a hard braking. And when that happens you feel people with diverse experiences together very uncertain and uncomfortable for a short period of time.” to share ideas, and the Alliance helped CEOs better understand the breadth To deal with extreme change, Dov Seidman, CEO of LRN, says and depth of the changes and generate we must pause and reflect rather than panic or withdraw. “You innovative new approaches. start to reflect, rethink your assumptions, and reimagine what is possible. Most importantly, you start to reconnect with your In 2005, Thomas Friedman published most deeply held beliefs. Once you’ve done that, you can begin The World is Flat, which helped us to reimagine a better path.” understand the forces driving change: the growth of the Internet, the fall Friedman has travelled the world and seen the rise of terrorism, PAUL WITKAY poverty, climate change and social polarization resulting FOUNDER of communism and, as a result, the opening of the global economy. from the accelerating pace of change. It would be natural for Friedman to be pessimistic regarding our future. Instead, he Friedman’s latest book, Thank You for Being Late: An Optimist’s Guide to shares his thoughts on the value of local communities to provide Thriving in the Age of Accelerations, helps us understand how the world a solid foundation that helps people adapt to inevitable progress. hit an inflection point in 2007, resulting in an accelerating pace of change As world problems become too complex for world leaders to that surpasses our human ability to adapt. In 2007, Steve Jobs introduced “fix” with top-down approaches, Friedman advocates a local, the iPhone and it is no coincidence that around the same time period: bottoms-up, community-by-community approach. • The Internet surpassed 1 billion users. Friedman believes that “the ideal adaptive political unit for producing resilience and propulsion in the age of accelerations • Intel developed new technology (high-K/metal gates) enabling is the healthy community. That’s because it is much easier to Moore’s Law to continue. generate trust at the community level, and trust enhances • Storage capacity exploded with Hadoop making Big Data available flexibility and experimentation.” Healthy communities of the to all. future will need to not only foster trust but also life-long learning, as well as be socially and economically inclusive. • Google launched Android as an open platform to bring smartphones to more people. Shortly after founding the Alliance, I met Cynthia Typaldos who built the first commercially successful web community, • AT&T developed network technology enabling mobile traffic to grow which she later sold to CBS. She was teaching “Developing 100,000% in the next 7 years! Web Communities” at UC Berkeley, and as someone intrigued • Companies such as Facebook, VMware, Twitter, Airbnb, and others by the subject matter, I took her course. To my surprise, she were founded. did not teach us about web technology, but instead took an anthropological approach and asked, “what is a community?” Friedman observed that “the exponential growth in micro-processing I soon came to realize that the Alliance of CEOs was not a chips, storage chips, networking, software and sensors all hit tipping program, but a community of leaders who built trust and respect points together. When all those technologies merged, there was an energy through open, candid and confidential discussions to help each release into the hands of humans and machines the likes we have never member address challenges and create compelling visions for seen and are only beginning to understand.” the future. Exclusive 2018 Tasimba Safaris for Alliance Members In November 2017, Alliance Founder & CEO, Paul Witkay, and his wife Cathy, enjoyed an amazing trip to South Africa, Botswana and Zimbabwe. The highlight of their trip was the week spent as guests of Tasimba, a unique leadership safari experience led by Alliance Director Hugh Coppen who grew up in Africa prior to his business career as a US and International CEO. Joining Paul and Cathy on their Tasimba safari were Alliance Director Lori Bush and her husband Steve, Alliance Member Kirsten Bay and four other great participants. Tasimba is gearing up for their 2018 safaris, and we are now gauging interest for an exclusive Alliance Members-Only trip from October 29th to November 5th.