Rapid Response: What campus protests mean for business, w/Ken Frazier and Ken Chenault
Amid college campus protests over Palestine and Israel, stark US political divides, and legal challenges to diversity initiatives, business leaders face new pressure on whether to speak out and take action on issues of our time. Ken Frazier, former CEO of Merck, and Ken Chenault, former CEO of American Express, offer their unfiltered advice, as board members of the Harvard Corporation and two of America’s most prominent Black executives. It’s a candid conversation about the most controversial topics in American business, from DEI (Diversity, Equity and Inclusion) to January 6th.
The pair collaborate at the venture capital firm, General Catalyst. Ken Chenault is the Chairman and a Managing Director, while Ken Frazier is the firm’s Chairman of Health Assurance initiatives.
Watch this episode on YouTube: https://www.youtube.com/watch?v=QctAB_DGAIM
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Investing In Understanding The Customer Journey At American Express
Summary
For any business that wants to stay in operation, the most important thing they can do is understand their customers. American Express has invested substantial time and effort in their Customer 360 product to achieve that understanding. In this episode Purvi Shah, the VP of Enterprise Big Data Platforms at American Express, explains how they have invested in the cloud to power this visibility and the complex suite of integrations they have built and maintained across legacy and modern systems to make it possible.
Announcements
Hello and welcome to the Data Engineering Podcast, the show about modern data management
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Your host is Tobias Macey and today I’m interviewing Purvi Shah about building the Customer 360 data product for American Express and migrating their enterprise data platform to the cloud
Interview
Introduction
How did you get involved in the area of data management?
Can you describe what the Customer 360 project is and the story behind it?
What are the types of questions and insights that the C360 project is designed to answer?
Can you describe the types of information and data sources that you are relying on to feed this project?
What are the different axes of scale that you have had to address in the design and architecture of the C360 project? (e.g. geographical, volume/variety/velocity of data, scale of end-user access and data manipulation, etc.)
What are some of the challenges that you have had to address in order to build and maintain the map between organizational and technical requirements/semantics in the platform?
What were some of the early wins that you targeted, and how did the lessons from those successes drive the product design going forward?
Can you describe the platform architecture for your data systems that are powering the C360 product?
How have the design/goals/requirements of the system changed since you first started working on it?
How have you approached the integration and migration of legacy data systems and assets into this new platform?
What are some of the ongoing maintenance challenges that the legacy platforms introduce?
Can you describe how you have approached the question of data quality/observability and the validation/verification of the generated assets?
What are the aspects of governance and access control that you need to deal with being part of a financial institution?
Now that the C360 product has been in use for a few years, what are the strategic and tactical aspects of the ongoing evolution and maintenance of the product which you have had to address?
What are the most interesting, innovative, or unexpected ways that you have seen the C360 product used?
What are the most interesting, unexpected, or challenging lessons that you have learned while working on C360 for American Express?
When is a C360 project the wrong choice?
What do you have planned for the future of C360 and enterprise data platforms at American Express?
Contact Info
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Parting Question
From your perspective, what is the biggest gap in the tooling or technology for data management today?
Closing Announcements
Thank you for listening! Don’t forget to check out our other shows. Podcast.__init__ covers the Python language, its community, and the innovative ways it is being used. The Machine Learning Podcast helps you go from idea to production with machine learning.
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Rapid Response: Why business must be a force for good, w/former American Express CEO Ken Chenault
"Corporations can be a force for good – and they can also be very successful," says Ken Chenault, chair of investment firm General Catalyst and former longtime CEO of American Express. During the past year, Ken has been an outspoken advocate for business leaders to actively engage in societal matters. After George Floyd’s death, he and Merck CEO Ken Frazier launched OneTen, a coalition to create 1 million jobs for Black Americans that now includes major brands from IBM to Nike to Walmart. Chenault has pushed corporate chiefs to use their leverage to protect voting rights, and he's come out with a platform for Responsible Innovation that puts what he calls “social due diligence” alongside financial due diligence. Standing up for what's right, Ken says, fuels long-term success: "The most important thing is the quest for truth, character, and values."
Read a transcript of this interview at: mastersofscale.com
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How great leaders innovate -- responsibly | Ken Chenault
In times of uncertainty, leaders have a responsibility to inspire hope. Sharing hard-won wisdom, business leader Ken Chenault talks about what it takes to enact positive, enduring change -- and why it's more important than ever to invest in responsible innovation that uplifts people and centers equality and fairness. (This conversation was hosted by TED current affairs curator Whitney Pennington Rodgers.)
Hosted on Acast. See acast.com/privacy for more information.
Rapid Response: Why business must be a force for good, w/former American Express CEO Ken Chenault
"Corporations can be a force for good – and they can also be very successful," says Ken Chenault, chair of investment firm General Catalyst and former longtime CEO of American Express. During the past year, Ken has been an outspoken advocate for business leaders to actively engage in societal matters. After George Floyd’s death, he and Merck CEO Ken Frazier launched OneTen, a coalition to create 1 million jobs for Black Americans that now includes major brands from IBM to Nike to Walmart. Chenault has pushed corporate chiefs to use their leverage to protect voting rights, and he's come out with a platform for Responsible Innovation that puts what he calls “social due diligence” alongside financial due diligence. Standing up for what's right, Ken says, fuels long-term success: "The most important thing is the quest for truth, character, and values."
Read a transcript of this interview at: mastersofscale.com
Subscribe to the Masters of Scale weekly newsletter: https://mastersofscale.com/subscribe
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The $1 trillion dollar ML model 💵
American Express is running what is perhaps the largest commercial ML model in the world; a model that automates over 8 billion decisions, ingests data from over $1T in transactions, and generates decisions in mere milliseconds or less globally. Madhurima Khandelwal, head of AMEX AI Labs, joins us for a fascinating discussion about scaling research and building robust and ethical AI-driven financial applications.
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Featuring:
Madhurima Khandelwal – LinkedIn
Chris Benson – Website, GitHub, LinkedIn, X
Daniel Whitenack – Website, GitHub, X
Show Notes:
AMEX AI Labs research
O’Reilly article about “doing good data science”
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