Published on November 16, 2023, 5:02 pm
Agility, AI, automation, and employee advancement are crucial elements of a strategic approach to driving growth, improving operational efficiencies, and enhancing customer experience. Deepa Soni, CIO of The Hartford, has built her career around these pillars, constantly pushing boundaries and redefining what is possible.
In a recent interview on the Tech Whisperers podcast with Dan Roberts, Soni discussed her leadership philosophies and how technology can be leveraged to achieve business objectives. She emphasized the importance of taking risks, navigating complexity, fostering innovation, and making a significant impact across all aspects of the business.
One area of focus for Soni is what she calls “the 4 EAs @scale, @pace”: enterprise agility, enterprise AI, extreme automation, and employee skill advancement. These pillars form the foundation of The Hartford’s digital transformation strategy.
Enterprise agility plays a key role in achieving growth and operational improvements. Soni believes that being agile is more than just following Agile methodologies; it requires a holistic approach where all functions within the organization work together to deliver technology solutions. This collaborative effort sets the stage for the next step in their journey: enterprise AI.
The concept of “information advantage” is central to The Hartford’s AI-led transformation. As an insurance company with vast amounts of data, they aim to leverage advanced analytics and artificial intelligence to unlock valuable insights for decision-makers across different roles within the organization. By converting raw data into actionable insights powered by AI, they can provide a frictionless experience for customers and empower employees with the information they need to excel in their roles.
Extreme automation is another pillar that The Hartford focuses on to drive speed, agility, and innovation. By simplifying and modernizing applications and data assets through automation, they can accelerate time-to-market. This not only transforms IT processes but also streamlines developer and engineer experiences so that they can prioritize delivering business functionality over technical tasks.
Lastly, employee skill advancement is essential to support the other pillars of transformation. By investing in employees and preparing them for the next generation of skill sets, The Hartford ensures that their workforce is equipped to handle the challenges posed by extreme automation and AI-driven initiatives. Maximized talent plays a vital role in executing their strategy effectively.
Soni emphasizes that what sets The Hartford apart is the enterprise-wide implementation of these strategies at scale and at an unprecedented pace. The company’s transformation journey is accelerated, leaving behind both internal and external benchmarks that showcase their progress.
Looking to the future, Soni envisions an insurance industry where new risks emerge alongside technological disruptions. To navigate these changes successfully, simplification and digitization will be crucial. The ultimate goal is to have a technology organization that prioritizes business-centric work, driving innovation, agility, and growth.
Deepa Soni’s story as CIO of The Hartford exemplifies how a strategic approach centered around agility, AI, automation, and employee advancement can lead to significant business transformation. As companies continue to embrace these pillars in their own digital journeys, they may find themselves better prepared for future challenges while delivering exceptional customer experiences.