WEBVTT 00:00:00.000 --> 00:00:03.878 If you do not deploy the amazing technology at hand, 00:00:03.878 --> 00:00:05.672 you will not see the impact, 00:00:05.672 --> 00:00:09.050 and then you also cannot expect any change to happen. 00:00:09.259 --> 00:00:11.386 So, Sabrina, when we think about this space right now, 00:00:11.386 --> 00:00:14.097 what's the biggest shift in health care 00:00:14.097 --> 00:00:15.473 that you're seeing right now? 00:00:15.473 --> 00:00:18.476 I think the biggest shift is when it comes to innovation, 00:00:18.476 --> 00:00:21.146 we have seen so much focus on oncology, 00:00:21.146 --> 00:00:23.064 immuno-oncology over the last years. 00:00:23.064 --> 00:00:26.151 Right now, if I look around, we see innovation in the areas 00:00:26.151 --> 00:00:29.821 of vast unmet need- GLP-1 wave unfolding, 00:00:29.821 --> 00:00:32.449 Alzheimer treatments right now reaching patients. 00:00:32.449 --> 00:00:35.410 And then when I look around, the differentiation 00:00:35.410 --> 00:00:37.913 that we see across therapeutic areas, 00:00:37.913 --> 00:00:39.831 new technologies coming our way, 00:00:39.831 --> 00:00:42.083 I think this is the most exciting for me- 00:00:42.083 --> 00:00:45.587 how broad the space is becoming when it is about 00:00:45.587 --> 00:00:46.838 innovation in health care. 00:00:46.838 --> 00:00:49.591 When we think about how broad this space is going, 00:00:49.591 --> 00:00:51.802 and we think about how companies are using AI, 00:00:51.802 --> 00:00:55.055 what distinguishes those who are actually successful 00:00:55.055 --> 00:00:57.265 with this technology and those who just can't get out 00:00:57.265 --> 00:00:58.934 of the pilot stage? 00:00:58.934 --> 00:01:02.396 This is an easy question to take. No, I'm kidding. 00:01:02.396 --> 00:01:04.606 Actually, when I think about the companies 00:01:04.606 --> 00:01:08.986 that I had the honor to advise that successfully deployed AI 00:01:08.986 --> 00:01:11.989 and GenAI with tangible impact, 00:01:11.989 --> 00:01:14.741 it was about the ones that number one, 00:01:14.741 --> 00:01:16.743 identified the business problem to solve. 00:01:17.577 --> 00:01:21.999 Number two, they totally involved the organization 00:01:21.999 --> 00:01:23.333 cross-functionally: 00:01:23.333 --> 00:01:26.378 i.e., the business, the finance function, 00:01:26.378 --> 00:01:27.963 the tech and IT department- 00:01:27.963 --> 00:01:30.048 they brought them together in one team. 00:01:30.048 --> 00:01:32.551 When you look then and possible solutions, 00:01:32.551 --> 00:01:36.305 it was about a very, very rigorous business case 00:01:36.305 --> 00:01:37.598 that you not just think about 00:01:37.598 --> 00:01:39.349 what could an amazing solution be, 00:01:39.349 --> 00:01:42.227 but also think about what are the investments that I need? 00:01:42.227 --> 00:01:43.896 What are the full costs in the end, 00:01:43.896 --> 00:01:45.564 including maintenance, 00:01:45.564 --> 00:01:48.150 and then getting the functions and the business. 00:01:48.150 --> 00:01:50.944 And I think this is the important thing, the business 00:01:50.944 --> 00:01:53.864 to sign up for that value creation. 00:01:53.864 --> 00:01:58.202 Since if you do not deploy the amazing technology at hand, 00:01:58.202 --> 00:01:59.995 you will not see the impact, 00:01:59.995 --> 00:02:03.999 and then you also cannot expect any change to happen. 00:02:03.999 --> 00:02:06.585 It seems almost frightening to hear that you would spend 00:02:06.585 --> 00:02:10.130 so much money and then not get internal buy-in, 00:02:10.130 --> 00:02:12.174 but you're seeing that, you've seen that. 00:02:12.174 --> 00:02:15.552 Absolutely. In the end, it is about change management. 00:02:15.552 --> 00:02:18.305 It is about embedding the new technology 00:02:18.305 --> 00:02:19.890 into daily processes. 00:02:19.890 --> 00:02:22.226 And I think we all know how difficult it is 00:02:22.226 --> 00:02:25.563 to change in the end how we do things every day. 00:02:25.563 --> 00:02:28.023 And then, this is why I do think that you need 00:02:28.023 --> 00:02:29.858 to create incentives 00:02:29.858 --> 00:02:32.152 for people and real true motivation 00:02:32.152 --> 00:02:34.864 and passion to deploy technology. 00:02:34.864 --> 00:02:38.659 In BCG, we talk about the "four ugly hours" a week, so 00:02:38.659 --> 00:02:41.579 that you say, okay, what do you really wanna get rid of? 00:02:41.579 --> 00:02:44.415 And then you think about what technology can do for you just 00:02:44.415 --> 00:02:46.917 to create this feeling how great it can be 00:02:46.917 --> 00:02:48.794 to deploy technology in action. 00:02:48.794 --> 00:02:49.628 Thank you so much. 00:02:49.628 --> 00:02:50.421 Absolutely.