Joining Mik in this episode of Mik + One is Pallab Chatterjee, a visionary entrepreneur and technology expert. Pallab is currently the chairman of 3Lines VC, a boutique VC firm specializing in investments in AI-focused companies in the US and India. Pallab shares his journey from running a research lab at Texas Instruments to becoming the CEO of IT Technologies and Symphony Retail AI. Mik and Pallab discuss the TI-84 and TI-86 calculators, which Pallab helped bring to market, and how they revolutionized the industry. They discuss the importance of understanding waste and its impact on organizational capacity and the role of finance in driving digital transformation.
Mik and Pallab also discuss the importance of actionable visibility and the challenges of implementing predictive and prescriptive models in organizations.
Key discussions include:
- The story behind the Ti 84 and Ti 86 calculators
- Understanding waste and its impact on organizational capacity
- The role of finance in driving digital transformation
- The role of AI and digital disruption in shaping the future of work
- Advice for organizations looking to embrace digital transformation
- The PDCA cycle and the importance of actionable visibility
- The challenges of implementing predictive and prescriptive models in organizations
- Understanding waste and rework cycles in software organizations
- The need for a metadata layer to operate on an enterprise relational database
- How organizations can avoid stagnation or falling behind
- The importance of customer-centricity and quantifying pain levels
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