WEBVTT dcaf6127-32e8-47ad-9a6e-f7510a5d94a9-0 00:00:00.080 --> 00:00:03.200 Fernando, it's so nice to have you here at the BCG Cabana. cb5953fa-3b85-48c9-b651-cdeaa1c84e90-0 00:00:03.200 --> 00:00:04.440 Thanks for coming by. e6659cf7-1665-490c-b96c-f0297154f716-0 00:00:04.600 --> 00:00:06.160 Thanks for the invitation to join. 8b6fa082-fc99-4192-9b69-1b26497589f8-0 00:00:06.440 --> 00:00:08.320 Like it's nice to to be meeting you. 77e7939e-c02a-4a6b-b78f-b43d5651f6bc-0 00:00:08.320 --> 00:00:11.800 We are both in Miami, like in a different place. a8ba7215-7b7e-4d33-9c43-89540be2f0f5-0 00:00:11.920 --> 00:00:14.160 And not the best weather today, but I'm very happy to be here. 73c53ff3-48fe-4936-9eae-d6cb85704356-0 00:00:14.440 --> 00:00:15.840 The common thing is the sea. ee0422d8-57a4-44b6-99aa-77c6374b87fb-0 00:00:16.000 --> 00:00:16.600 Exactly. 30fd3a5f-fb5b-40d2-b2b5-916749fd737d-0 00:00:16.600 --> 00:00:17.520 Good enough, right? 952e38d7-124d-46c6-9ce7-8a04f04533c6-0 00:00:17.920 --> 00:00:18.440 Can't complain. 5e75d24e-1117-430e-8325-f1885f161638-0 00:00:19.200 --> 00:00:23.055 So you've been coming to Cannes forever. For many, many years. 5e75d24e-1117-430e-8325-f1885f161638-1 00:00:23.055 --> 00:00:26.849 And you stop counting the Cannes Lions that you and your team 5e75d24e-1117-430e-8325-f1885f161638-2 00:00:26.849 --> 00:00:27.400 have won. 0b329286-0f79-4410-8221-9d33129b0031-0 00:00:27.400 --> 00:00:30.160 I believe it's more than 200. This year, though, b92fe377-be3c-4686-9949-5b2fa932611a-0 00:00:30.160 --> 00:00:32.400 you're coming to Cannes with a different role. 007a63c3-1d1e-4e83-a4ff-4e7ec9ed14a4-0 00:00:32.680 --> 00:00:33.640 Tell us about the new role. 446a54d2-f228-48c3-ae00-4c3d6c478190-0 00:00:33.960 --> 00:00:37.323 Yeah, look, I mean, I, I love being here, you know, like I, 446a54d2-f228-48c3-ae00-4c3d6c478190-1 00:00:37.323 --> 00:00:40.406 I'm a true believer in creativity and using creativity 446a54d2-f228-48c3-ae00-4c3d6c478190-2 00:00:40.406 --> 00:00:41.360 to unlock growth. 79745c66-1ea6-4cd8-91f3-0ad941030ce9-0 00:00:41.840 --> 00:00:45.840 So Cannes, to me, represents creativity much more than just 79745c66-1ea6-4cd8-91f3-0ad941030ce9-1 00:00:45.840 --> 00:00:46.640 advertising. fda8ae87-97f5-4bda-bf94-19e3214564ae-0 00:00:47.680 --> 00:00:50.000 And, and that's why I've been coming for so long. 3688a09d-62b1-46a8-b287-df766023fd68-0 00:00:50.120 --> 00:00:53.716 And yes, I was fortunate, lucky enough to work with some of the 3688a09d-62b1-46a8-b287-df766023fd68-1 00:00:53.716 --> 00:00:57.313 best in the industry and create some really cool campaigns that 3688a09d-62b1-46a8-b287-df766023fd68-2 00:00:57.313 --> 00:00:58.999 get a ton of recognition here. 061b2c12-6788-4087-a387-5101622a701b-0 00:01:00.480 --> 00:01:03.831 I always presented on the Cannes Academies, like especially on 061b2c12-6788-4087-a387-5101622a701b-1 00:01:03.831 --> 00:01:05.480 the the Brand Marketer Academy. 9583c3ed-c35b-4e5a-9932-563b40896063-0 00:01:05.720 --> 00:01:08.820 It's basically like young marketers, upcoming marketers, 9583c3ed-c35b-4e5a-9932-563b40896063-1 00:01:08.820 --> 00:01:11.920 and this year was invited to be the dean of the Academy. dd056ef2-f53d-4dae-b4cb-9e7af3108a78-0 00:01:11.920 --> 00:01:15.640 So I've been working like the whole week on that function. 98f0c618-ac31-4ddf-a579-bc95ed955c86-0 00:01:16.120 --> 00:01:20.159 Actually, even before Cannes, working to build the agenda, 98f0c618-ac31-4ddf-a579-bc95ed955c86-1 00:01:20.159 --> 00:01:24.061 booking the right speakers to join us, creating a really 98f0c618-ac31-4ddf-a579-bc95ed955c86-2 00:01:24.061 --> 00:01:26.800 holistic and nice program for the kids. ae3a05f1-b1ae-4ab5-86c9-9be2492a2b34-0 00:01:26.800 --> 00:01:29.480 They're not kids, but like for the students. b338182a-fc70-40c7-aa6e-1e76b169658d-0 00:01:29.480 --> 00:01:31.880 Yeah, for the students. 19009d0f-4642-4cab-99b3-f817fbed55be-0 00:01:31.880 --> 00:01:36.632 And I'm running the show here with the support from the Cannes 19009d0f-4642-4cab-99b3-f817fbed55be-1 00:01:36.632 --> 00:01:37.840 staff this week. bb4173a2-f77d-41fc-bfc6-6065c3885ca0-0 00:01:37.840 --> 00:01:38.800 And it has been amazing. e4fecfcb-c0b6-4188-8963-90e4e3469d27-0 00:01:39.320 --> 00:01:40.840 And what topics are you talking about? b186746d-609f-4b51-a6ec-2753e33879b4-0 00:01:40.840 --> 00:01:44.135 We have different pillars of topics, like from--I think that b186746d-609f-4b51-a6ec-2753e33879b4-1 00:01:44.135 --> 00:01:47.485 if you are here, you probably don't need to be convinced that b186746d-609f-4b51-a6ec-2753e33879b4-2 00:01:47.485 --> 00:01:49.160 creativity is important, right. 303abb8f-91ec-4e2d-a56d-685dd9710bab-0 00:01:49.360 --> 00:01:53.840 But still, we show how to fight a good fight for creativity. ff3ef730-ee4f-4b00-820d-26d4760f6399-0 00:01:53.840 --> 00:01:58.000 We give tools for people just to, to help them internally. d5f3a8f0-43cb-48b1-ba7d-457d15149a39-0 00:01:58.400 --> 00:02:01.870 Many companies like the invest, but it sounds kind of like a d5f3a8f0-43cb-48b1-ba7d-457d15149a39-1 00:02:01.870 --> 00:02:03.520 little bit of a fight, right? 28eef82a-9e15-4775-b67f-5e523b11bff4-0 00:02:03.520 --> 00:02:06.338 So to show the return on investment, to talk about 28eef82a-9e15-4775-b67f-5e523b11bff4-1 00:02:06.338 --> 00:02:09.544 attribution, to talk about like how to prove the case for 28eef82a-9e15-4775-b67f-5e523b11bff4-2 00:02:09.544 --> 00:02:10.760 creativity internally. 71caea15-f89e-4992-b397-e933b6a618f5-0 00:02:10.920 --> 00:02:12.640 There is like a whole pillar just on that. 1da71994-8193-4a7b-bf57-1bce7bdac5b5-0 00:02:13.240 --> 00:02:15.942 We, we talk a lot about relationship between client and 1da71994-8193-4a7b-bf57-1bce7bdac5b5-1 00:02:15.942 --> 00:02:18.982 agency and how to make the most out of that. So very practical 1da71994-8193-4a7b-bf57-1bce7bdac5b5-2 00:02:18.982 --> 00:02:19.320 topics? fbb30f60-00e6-4347-b7c8-5fbcb235bdb2-0 00:02:20.120 --> 00:02:24.169 Yes, we talk about technology and of course like AI has been fbb30f60-00e6-4347-b7c8-5fbcb235bdb2-1 00:02:24.169 --> 00:02:26.560 at the center of that conversation. a1939777-2ded-4d71-bea5-cf45e9bd978f-0 00:02:27.200 --> 00:02:30.360 We pepper some of the presentations from from the a1939777-2ded-4d71-bea5-cf45e9bd978f-1 00:02:30.360 --> 00:02:34.280 Cannes program, but we try to keep the program more intimate. bfaa0e44-bcbc-4128-aaa5-6728ca160082-0 00:02:34.480 --> 00:02:37.737 It's just 35 people and we have an environment where that's a bfaa0e44-bcbc-4128-aaa5-6728ca160082-1 00:02:37.737 --> 00:02:40.363 safe environment to ask questions, you know, like bfaa0e44-bcbc-4128-aaa5-6728ca160082-2 00:02:40.363 --> 00:02:42.360 interact with some of the presenters. a5279582-73b3-4bbd-acb9-c2a4e6228d77-0 00:02:42.360 --> 00:02:43.480 So it has been fun. cc6b0e67-572f-487d-923c-0ffb6f429918-0 00:02:44.200 --> 00:02:47.133 I'm sure I would benefit from joining the Academy and learn a cc6b0e67-572f-487d-923c-0ffb6f429918-1 00:02:47.133 --> 00:02:49.120 little bit about the creativity. Stop by! bca369ee-4439-4915-84c4-0fd614128e34-0 00:02:49.560 --> 00:02:53.560 So you mentioned AI is definitely the star of Cannes. 1b201639-1dc6-4508-8f6a-46dd0e70fd38-0 00:02:54.200 --> 00:02:56.520 It's the topic that is most talked about. 4f490e40-c0e6-4655-bcef-f69f0f2565d8-0 00:02:57.640 --> 00:03:01.041 You are a big believer of creativity as a source of 4f490e40-c0e6-4655-bcef-f69f0f2565d8-1 00:03:01.041 --> 00:03:02.480 competitive advantage. d3ebef85-98f8-4692-978f-b7fd4208a329-0 00:03:02.920 --> 00:03:07.880 So tell us something about how you believe creativity unlocks d3ebef85-98f8-4692-978f-b7fd4208a329-1 00:03:07.880 --> 00:03:12.680 value to competitive advantage and what's the role of AI in d3ebef85-98f8-4692-978f-b7fd4208a329-2 00:03:12.680 --> 00:03:14.280 supporting creators? 3ba9c0e8-6b09-4295-8d9c-9f40146039f8-0 00:03:14.320 --> 00:03:17.618 I grew up in a school of marketing that believed in 3ba9c0e8-6b09-4295-8d9c-9f40146039f8-1 00:03:17.618 --> 00:03:18.760 creativity, right? a72f0e4b-eff3-4bbd-90ee-652edacb639b-0 00:03:18.760 --> 00:03:22.130 I mean, I spent 18 years in Unilever from an intern to a a72f0e4b-eff3-4bbd-90ee-652edacb639b-1 00:03:22.130 --> 00:03:24.200 global VP for, for the Dove brand. 921c4496-add9-4cd7-9469-d06c0307314c-0 00:03:25.080 --> 00:03:29.580 And, and I grew up looking at people unlocking business growth 921c4496-add9-4cd7-9469-d06c0307314c-1 00:03:29.580 --> 00:03:33.080 by building strong brands and by being creative. 9ee80108-5c0f-46be-8771-f419b59d21f6-0 00:03:34.080 --> 00:03:38.270 I think that especially in the--today, like where we don't 9ee80108-5c0f-46be-8771-f419b59d21f6-1 00:03:38.270 --> 00:03:41.040 pay much attention to anything, right? ccdd5a93-194b-4ba2-ba44-036f1b50889d-0 00:03:41.040 --> 00:03:44.960 I mean, our attention is divided among screens among our lives ccdd5a93-194b-4ba2-ba44-036f1b50889d-1 00:03:44.960 --> 00:03:49.066 among like all the messages that we get bombarded with on a daily ccdd5a93-194b-4ba2-ba44-036f1b50889d-2 00:03:49.066 --> 00:03:49.440 basis. baad0f0d-5c3b-4679-b8b9-e06acdc9d937-0 00:03:49.640 --> 00:03:53.840 Whatever you do, whether it's design, advertising, product, baad0f0d-5c3b-4679-b8b9-e06acdc9d937-1 00:03:53.840 --> 00:03:57.760 innovation in this you, grab people's attention, right? f128cbe0-f1df-4f0e-9565-48bd1aef0489-0 00:03:57.760 --> 00:04:00.760 And I think that creativity can help you with that. c11a2aa0-bc2b-488f-a817-af37b759175e-0 00:04:01.000 --> 00:04:05.440 So so that's why I pushed so hard on that. cfb350f5-593f-4226-9063-05c41e58ca53-0 00:04:05.680 --> 00:04:07.480 I could think about a company like NotCo. a3b1717f-5a1f-4e45-a2a1-700b5b4981d2-0 00:04:08.120 --> 00:04:09.760 I'm advising for NotCo these days. efcdcac3-d103-438d-a2e7-4518ced89354-0 00:04:10.000 --> 00:04:13.160 Like it's very small as a start up, right. b5dea5c9-ae02-4bc2-b28d-7624bbaa9c0e-0 00:04:13.160 --> 00:04:17.280 I mean, so I'm not able to win the fight just through budget. cee059ce-0c79-4349-aca4-bdf66bf8394f-0 00:04:17.560 --> 00:04:20.778 Like when I was at Burger King, RBI, McDonald's had four times cee059ce-0c79-4349-aca4-bdf66bf8394f-1 00:04:20.778 --> 00:04:23.640 our budget. Four times the size, four times the budget. 1899a4bd-5f08-4f90-9add-d60b175f24b0-0 00:04:23.640 --> 00:04:27.474 So if I'm just like buying attention, I will lose the war 1899a4bd-5f08-4f90-9add-d60b175f24b0-1 00:04:27.474 --> 00:04:29.920 even before the first battle starts. 88fe6960-d33b-4bb4-b4d5-809d0cf5c1c5-0 00:04:30.120 --> 00:04:33.600 So that's where creativity needs to come and kick in. a7baec86-2ece-4992-9c09-91a0b39a217a-0 00:04:33.920 --> 00:04:38.622 And I think AI is an enabler, you know, for you to do better a7baec86-2ece-4992-9c09-91a0b39a217a-1 00:04:38.622 --> 00:04:43.556 creatively. For you to do rapid prototyping, for you to do more a7baec86-2ece-4992-9c09-91a0b39a217a-2 00:04:43.556 --> 00:04:48.181 agile testing with things, for you to get to an asset maybe a7baec86-2ece-4992-9c09-91a0b39a217a-3 00:04:48.181 --> 00:04:50.880 faster than you would normally do. 8081d572-a822-4816-8f05-12675120a8b1-0 00:04:52.240 --> 00:04:54.480 I see AI as a tool, you know what I mean? 7897181c-57e5-47c7-a09c-5e98e2ae4ab0-0 00:04:54.480 --> 00:04:57.814 Like I, I truly believe that AI is a tool and that the 7897181c-57e5-47c7-a09c-5e98e2ae4ab0-1 00:04:57.814 --> 00:05:01.148 combination of AI plus humans equals something better, 7897181c-57e5-47c7-a09c-5e98e2ae4ab0-2 00:05:01.148 --> 00:05:04.240 something that we would not be able to accomplish. 75b07bdb-8ebc-4ac8-8df9-9ca8aa844d59-0 00:05:04.480 --> 00:05:07.897 I think NotCo is a classic example of that. Not just on 75b07bdb-8ebc-4ac8-8df9-9ca8aa844d59-1 00:05:07.897 --> 00:05:11.680 advertising, but in it's--it's at the essence of the business 75b07bdb-8ebc-4ac8-8df9-9ca8aa844d59-2 00:05:11.680 --> 00:05:12.840 model of the brand. 62d7d4cb-8425-4a8f-b471-8daf6708a7e0-0 00:05:13.080 --> 00:05:16.600 Well, as we are talking about NotCo, tell us who is Giuseppe? 35cd0601-b005-4dce-a354-26f4044f4585-0 00:05:18.560 --> 00:05:21.240 Me telling the Italian who is Giuseppe? 0f0dc6f6-6ada-465d-93e8-b413e5689fe3-0 00:05:22.480 --> 00:05:27.951 The name Giuseppe is there--it comes from a painter from I 0f0dc6f6-6ada-465d-93e8-b413e5689fe3-1 00:05:27.951 --> 00:05:32.960 think it's like mid 1500s called Giuseppe Arcimboldo. 09ea2502-39ae-4fc5-bd6f-0e470018173c-0 00:05:32.960 --> 00:05:34.200 Oh, it's very famous. 71036537-008f-4fbb-b959-dfdcc6dbfd39-0 00:05:34.240 --> 00:05:35.640 Yes, Giuseppe Arcimboldo. 2f2984b1-9c25-43c6-ab6f-c90612e8edb5-0 00:05:35.880 --> 00:05:36.800 Yes. With the fruit. 4283065e-0576-4db5-8770-ea91d6b0a9ea-0 00:05:36.920 --> 00:05:37.800 Yes, exactly. 3355a91c-5c10-4c58-b2f0-2e2323cba80d-0 00:05:37.800 --> 00:05:41.400 He used to do like the portraits with the vegetables and fruits. f2428c92-8b8c-4699-b9ee-5eb406412105-0 00:05:41.400 --> 00:05:43.640 So basically like creating art with plants. 2aa267ff-1d3c-451b-b109-c64e27b733cd-0 00:05:43.840 --> 00:05:44.880 You didn't know that, right? acabcee7-1203-4629-8d34-0d801c3174ee-0 00:05:45.320 --> 00:05:45.600 I did. 926bc33d-98e7-4f85-872f-53fa33885ce3-0 00:05:45.640 --> 00:05:45.960 You did. 55b68d4d-bd3b-48a1-b038-291368d2d2b5-0 00:05:46.040 --> 00:05:46.840 OK, I told you that. f9c0d53b-ef54-41d2-8d6a-81a9b6b75ebd-0 00:05:46.840 --> 00:05:48.040 I am Italian, 100 percent. cbbdfa25-34dd-4cf4-be32-ee923b8b6e60-0 00:05:49.320 --> 00:05:52.400 So it's basically creating art with plants. f9c7b4e7-5dc7-4ebc-a670-699ffa6a85e9-0 00:05:52.800 --> 00:05:58.115 So that's why for a company that uses AI to create elevated plant f9c7b4e7-5dc7-4ebc-a670-699ffa6a85e9-1 00:05:58.115 --> 00:06:03.029 based food, like the AI was named Giuseppe, basically create f9c7b4e7-5dc7-4ebc-a670-699ffa6a85e9-2 00:06:03.029 --> 00:06:04.640 art with plants too. 1e66c00f-de6f-4470-a02b-9da0542f40bd-0 00:06:04.920 --> 00:06:08.860 And the whole company is rooted into the idea that there is a 1e66c00f-de6f-4470-a02b-9da0542f40bd-1 00:06:08.860 --> 00:06:12.291 better way than the way that the--currently, the food 1e66c00f-de6f-4470-a02b-9da0542f40bd-2 00:06:12.291 --> 00:06:15.786 industry approaches things. You know, like in terms of 1e66c00f-de6f-4470-a02b-9da0542f40bd-3 00:06:15.786 --> 00:06:19.726 sustainability, in terms of the development time, in terms of 1e66c00f-de6f-4470-a02b-9da0542f40bd-4 00:06:19.726 --> 00:06:20.680 inefficiencies. dd284c67-d04c-4797-85d3-9855e943f59b-0 00:06:20.880 --> 00:06:24.403 So when Matias, who is the founder CEO of the company, dd284c67-d04c-4797-85d3-9855e943f59b-1 00:06:24.403 --> 00:06:28.503 started the company around 8-9 years ago in Chile, it's a start dd284c67-d04c-4797-85d3-9855e943f59b-2 00:06:28.503 --> 00:06:29.400 up from Chile. af8f2e71-d90c-46fc-a839-e47dc7684079-0 00:06:30.000 --> 00:06:34.693 It's a unicorn, like valuations like $1.5 billion, like lots of af8f2e71-d90c-46fc-a839-e47dc7684079-1 00:06:34.693 --> 00:06:36.160 very strong backers. 879c0c09-7bf7-4ca3-a477-32f6b57f6134-0 00:06:36.960 --> 00:06:41.409 And it's a data science company, you know, like it's rooted in AI 879c0c09-7bf7-4ca3-a477-32f6b57f6134-1 00:06:41.409 --> 00:06:42.960 and it's very creative. f04e5876-2201-46be-93cd-2383da9554f8-0 00:06:42.960 --> 00:06:46.709 So one thing is not like in contradiction to another, f04e5876-2201-46be-93cd-2383da9554f8-1 00:06:46.709 --> 00:06:50.320 because Matias and the team, they use AI as a tool. 1b645794-82cf-41c8-8b83-addc795ad979-0 00:06:50.640 --> 00:06:54.249 Like we always--it's a partnership between AI and our 1b645794-82cf-41c8-8b83-addc795ad979-1 00:06:54.249 --> 00:06:55.720 chefs, AI and R&D. 1f7ff603-3bd6-49e8-ac85-dce73e1eda4b-0 00:06:55.720 --> 00:06:57.200 So Giuseppe is the AI. 64b99ca9-f453-48c6-902a-f31036783f8e-0 00:06:57.280 --> 00:06:57.880 Exactly, yes. 0904bdb3-b695-4769-b8d5-829536dc937d-0 00:06:57.920 --> 00:06:58.880 Now I know. d7cf37af-4988-4ef3-b079-5297a9186f8a-0 00:06:58.920 --> 00:07:00.520 Yeah. That's fantastic. 71deded3-f472-4224-9ea6-8a1f92156ec2-0 00:07:00.520 --> 00:07:03.778 So that's a clear example of how creativity can give an 71deded3-f472-4224-9ea6-8a1f92156ec2-1 00:07:03.778 --> 00:07:04.360 advantage. 136d1076-1ec6-4035-9da0-75c104214c2d-0 00:07:04.520 --> 00:07:07.120 And AI is the secret sauce. 81bce4c0-cb70-46dc-bc98-97d380eaaded-0 00:07:07.240 --> 00:07:07.840 Exactly. 84adaa81-ff35-47e0-8019-766f17a5d7fc-0 00:07:07.920 --> 00:07:08.360 Yes. e4057324-eb2d-4097-9663-fea5b28c7e5f-0 00:07:08.960 --> 00:07:12.178 Well, Fernando, thank you so much for sharing your thoughts e4057324-eb2d-4097-9663-fea5b28c7e5f-1 00:07:12.178 --> 00:07:13.680 with us and for stopping by. 5e14c315-2d81-47c4-8f09-fbf751fed5d6-0 00:07:13.880 --> 00:07:14.960 No, my pleasure. e3096510-9a1d-4e33-b28f-6764f81d4d03-0 00:07:14.960 --> 00:07:15.680 Thanks for having me. 16490f83-fc6d-4728-8bf1-247a002fe39f-0 00:07:15.800 --> 00:07:16.160 Thank you.