

How to get your org on board with your GenAI product strategy - Karen Beck Stroup (Chief Digital Officer, WEX)
13 snips Feb 5, 2025
Karen Beck Stroup, Chief Digital Officer at WEX, shares her wisdom on building effective AI strategies. She emphasizes the importance of aligning AI initiatives with board objectives and engaging employees in the transformation. The discussion covers setting bold goals, fostering a culture of innovation, and implementing robust AI governance in financial services. Stroup highlights how Generative AI can transform product development by streamlining tasks and enhancing customer interactions, urging organizations to embrace creativity and measure outcomes for success.
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Executive Sponsor for AI
- Karen Stroup's CEO appointed her as executive sponsor for AI after ChatGPT's launch.
- The board saw AI as a business and customer-led transformation, not just a technical one.
Embracing AI Disruption
- WEX decided to embrace AI disruption rather than wait and react.
- They believed that leaning in, even if it takes longer, is better than being caught off guard.
Exceeded Expectations
- Initially, Karen Stroup set a goal of 12 AI experiments, but her team ended up conducting 60.
- This success led to bolder goals for 2024, including scaling AI across the organization and reimagining customer experiences.