No Need for AI Unicorns: PepsiCo's Colin Lenaghan

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Colin Lenaghan says he wakes up every Monday morning looking forward to the week ahead and what he’ll learn as he continues to lead digital transformation and artificial intelligence projects at work. With nearly a quarter-century under his belt working in revenue management at PepsiCo, these technology implementation projects keep him and his team on their toes while positioning the consumer packaged goods company for continued success long into the future. In this episode, we speak with Colin about some of the AI projects his team is working on and get his take on the skills and competencies organizations should foster to set up technology implementations for success. Read the episode transcript here. Read more about our show and follow along with the series at https://sloanreview.mit.edu/aipodcast. Me, Myself, and AI is a collaborative podcast from MIT Sloan Management Review and Boston Consulting Group and is hosted by Sam Ransbotham and Shervin Khodabandeh. Our engineer is David Lishansky, and the coordinating producers are Allison Ryder and Sophie Rüdinger. Your reviews are essential to the success of Me, Myself, and AI. For a limited time, we’re offering a free download of MIT SMR’s best articles on artificial intelligence to listeners who review the show. Send a screenshot of your review to smrfeedback@mit.edu to receive the download. Guest bio: Colin Lenaghan is global senior vice president for net revenue management at PepsiCo. In his 24-year career at PepsiCo, Lenaghan has held positions across the company’s strategy, finance, insights, and commercial groups and gained deep experience across all categories in the PepsiCo portfolio. He spearheads digital transformation to leverage artificial intelligence and machine learning capabilities to drive improved performance across the value chain, including a project to set up a technology venture unit in Israel. We encourage you to rate and review our show. Your comments may be used in Me, Myself, and AI materials. We want to know how you feel about Me, Myself, and AI. Please take a short, two-question survey.