Leaders have to make tough decisions and overcome adversity, often navigating through uncertainty and challenges along their leadership journeys. In this final episode of 2024, we’ll take a look back at the conversations we’ve had with the incredible leaders who joined us on Redefiners this past season to share their leadership stories and insights. Hoda and Simon dig into the Season 4 archives to highlight how guests have led, and in some cases redefined, their organizations in an unprecedented year of change. Topics include AI and tech transformation, CEO transitions, geopolitical uncertainty and national elections, boards, climate change and sustainability, and more. And continuing our end of year holiday tradition, Hoda and Simon put themselves in our guests’ shoes to answer some fun end of year rapid fire questions. Redefiners will return with more conversations with global leaders in January 2025, so be sure to follow and subscribe to the podcast so you don’t miss an episode! In the meantime, you can listen to and watch all Redefiners episodes at https://www.russellreynolds.com/en/insights/podcasts/redefiners or wherever you get your podcasts. Happy holidays!
What are the key leadership insights from 2024?
artificial intelligence and specifically generative AI, something about which we all knew practically nothing a few years ago and now talk about with varying degrees, it would have to be said, of real knowledge. And that came up repeatedly. It's caused, evidently, considerable excitement, but also real anxiety for leaders as they work to calibrate what it means for their businesses.
And so while the phrase GenII launched into the world in late 2022, it's become a commonplace in most boardrooms and a business imperative in the course of 2024. And in that time, leaders have had varying success, I think it's fair to say, in their deployment of the technology. Some have sprinted ahead, integrating it into their business.
Others still struggling to work out what it means for them and still assessing how they should use it.
And I think regardless of where leaders fall within AI adoption, it's very clear that AI represents a transformative shift in both business and overall society.
And one of the guests we had the privilege to speak with this season is truly at the forefront of AI and transformation, Google President and Chief Investment Officer Ruth Peratt, who talked about the immense opportunities AI could provide across a multitude of industries, field overall.
There are really four primary opportunities with AI. First, very exciting, is advancing the frontiers for science. The second is just the economic uplift that's been estimated to be in the trillions globally. The third is really advancing solutions around some of the biggest social issues facing humanity around education, health care, climate. And the fourth is really enhancing cybersecurity.
Yes, I was really envious not to be in that conversation. It was a really good one, Simon. And one, as you say, of the industries that Ruth mentioned is healthcare. And AI clearly has the potential to help discover new drugs and diagnostics for previously incurable or unaddressable diseases whilst reducing research and development costs.
And one of the other healthcare companies which is really tapping into the potential of AI for exactly that purpose is Sanofi. And we also spoke to chairman and CEO there, Paul Hudson, and he talked about how his views on AI have developed earlier this season.
AI as a disruptor means it's all at the start gate at the same time, redefining how we do almost every industry at speed. And nobody's got the playbook. And so everybody's out there going, so how do we approach it? Some are in the skeptics, the cybersecurity, others are in the massive opportunity, go slow and pilot. And I see it for us in healthcare as the great disruption.
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