Lakshman Nagesh Yerramalla

Please check out the latest episode of our “Life Sciences DnA” series for the enlightening discussion on benefits and perils of AI in healthcare with Prof. Subodha Kumar. #ai #generativeAI #healthcare #clinical #medical

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It's Data Management Marathon time again! Join us online, on June 12/13, and listen to more than 30 data management speakers - from extraordinary celebs like SCOTT TAYLOR to ordinary people like me. More here: https://lnkd.in/e242NZcr ➡ When registering, use promo code SPEAKER30 to get 30% off! Any questions? Please contact Natalia Kotova #DataManagementMarathon #datamanagement #mdm #data

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As my team and I have been on the GenAI journey for the last year, we have found that step 3 is critical. Mainly, reducing bias in our approach and allowing the iteration of the tool to be more effective. Ask my team or I on how we created a foundational AI and GenAI tool to manage 1000s of policy / procedure documents and other structured content documents. #GenAI #PwC #SOPs #hyperautomationhub Grace Murphy Rama Tummalapalli Sarah Skye, Ph.D. Christopher Covey, PhD Joe Kennedy Christian Iantoni

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6th CSA credential in the Chief of Staff Association. #chiefofstaff I learned the following two about project management. 1. Projects are assessed on scope, timeline, and cost, with trade-offs often necessary between these dimensions. 2. Effective project management requires identifying constraints, mitigating risks, and ensuring alignment with organizational strategy.

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Driving Organizational Transformation: A Strategic Approach to Enhancing Organizational Efficiency, Customer Centricity and Financial Stability Leading a company poses unique challenges, from execution woes to lagging tech adoption. Yet, within these hurdles lie avenues for strategic metamorphosis, fueling enduring growth and competitiveness. This post delineates prime opportunities and strategic imperatives for effective remediation. 1.   Optimizing workforce Footprint In today's globalized landscape, optimizing workforce footprint is paramount. Benchmarking against industry leaders & tapping talent in low-cost regions, can deliver cost efficiencies while enhancing competitiveness. 2.   Embracing Technology Modernizing technology is pivotal for improving productivity and service quality. Implementing Robotic Process Automation (RPA) & leveraging AI solutions can streamline operations and data-driven decision-making. However, the true transformation lies in fostering a technology-focused mindset among staff. 3.   Democratizing Innovation Democratizing innovation empowers all staff to contribute ideas and solutions. Establishing idea portals, innovation incubators, and cross-functional teams encourages creativity and accountability. Aligning performance management systems to incentivize innovation fosters a culture of continuous improvement. 4.   Enhancing Service Delivery and Client Satisfaction Clients are at the heart of any business. Improving service delivery, requires robust feedback mechanisms to gather client insights and address issues promptly. By standardizing processes & adopting a continuous improvement framework, leaders can aim for top tier service delivery. Long term success requires understanding client’s strategies & building client intimacy to understand their challenges & goals. Cultivating strong connections at both the executive and operational echelons of clients' organizations engenders holistic insights into Clients’ operations and decision-making processes, ensuring that their solutions are well-integrated and impactful for clients. 5.   Build Execution Capability through Project Management investment Strategy is only as effective as its execution. Investing in project management skills is essential for Delivery Excellence. Standardizing project management processes, providing training & certification, and mentoring less experienced project managers builds a strong foundation for execution capability. 6.   Strategic Cost Management Effective cost management is critical for turnaround success. Conducting thorough cost analyses & implementing cost reduction initiatives, like transforming Procure-to-Pay and Order-to-Cash processes, drive significant savings and operational efficiency. Executing this comprehensive strategy positions any organization for sustainable growth and increased competitiveness in the market.

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I have finished my new e Book titled "the AI Transformation Framework:" published on Amazon. I wrote it when I read “Gartner states that 85% of AI projects fail due to unclear objectives and unclear R&D project management processes. Additionally, 87% of R&D projects never reach the production phase, and 70% of clients have reported minimal or no impact from AI". Goldman Sachs also said "over $200 Billion will be spent on AI in 2025". You do the math, Business leaders need to follow a standardized approach to reduce the number of programs that fail... https://lnkd.in/gGvVeAtW

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According to Gartner, 85% of artificial intelligence (AI) and machine learning (ML) projects fail to produce a return for the business. Some reasons for the high failure rate include: Unclear objectives, Poor scope definition, Bad training data, Organizational inertia, and Obscure R&D project management processes. If businesses spend $80-100 Billion this year, that is a very large number of AI projects that will fail. Leaders must apply a solid framework to develop AI systems/tools to support business requirements. The picture below illustrates one approach that I am writing on, I call it "the AI Transformation Framework."

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🎉I've earned yet another certificate "𝑳𝒆𝒂𝒅𝒊𝒏𝒈 𝒂 𝑻𝒆𝒄𝒉𝒏𝒐𝒍𝒐𝒈𝒚-𝑫𝒓𝒊𝒗𝒆𝒏 𝑶𝒓𝒈𝒂𝒏𝒊𝒛𝒂𝒕𝒊𝒐𝒏", part of the prestigious Wharton Executive Education | CTO Program 🚀 Tech-driven organizations—those for which technology is a fundamental part of their operation—are known for their ability to move quickly and innovate. Unlike other sectors, those who lead tech-driven organizations also face unique challenges, from the characteristics of their workforce and culture to the uncertainty created by the technology itself, which they don’t typically own or have the ability to contain internally. As such, effectively leading a tech-driven organization requires an external focus in terms of how employees and teams operate. Thank you, Wharton faculty, industry experts, and my cohort classmates for your tutoring, guidance, and collaboration throughout this journey. #Wharton #TechnologyAcceleration #Leadership #ContinuousLearning #ProfessionalGrowth Wharton Executive Education | CTO Program Wharton Executive Education

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DIGITAL TRANSFROMATION IN LIFE SCIENCE MANUFACTURING SPACE: An Insight: Digital Transformation in Life Science Manufacturing is a journey which heralds a new era of efficiency and innovation. Through advanced technologies like AI, ML, eBRS, MES, IoT, and Big Data analytics, processes become streamlined & Production (Continuous & Batch Manufacturing) execution becomes paperless, ensuring regulatory compliance, quality assurance, and enhanced productivity. Real-time data monitoring enables proactive decision-making, optimizing production cycles, minimizing downtime and intuitive multi-level Dashboarding with Equipment, Production Line, Production Block & Site level Status Dashboards. Moreover, digitalization fosters collaboration across teams and supply chains, accelerating research, development, and delivery of life-saving medications and treatments. Embracing this transformation isn't just about staying competitive; it's about revolutionizing healthcare, improving patient outcomes, and ultimately saving lives. The Digital Transformation Process required strong #ChangeManagement Team, well defined #DigitalTransformation Strategy & experienced Implementation team, Senior Leadership sponsorship and support and vigorous activity and progress tracking. The high level road map to #DigitalTransformation in Life Science Manufacturing is to have assessed the current state of manufacturing then having the pre-requisites implemented like OT Firewalled Network with #VLANs and Virtual Machines, Cyber Security enablement, Evaluating Equipment Connectivity capabilities etc. Then to securely integrate Equipment to the OT Network and extract specific Data to MES through OPC Layer, #DataManagement and #DataGovernance, Data Aggregation & #DataContextualization for extracted Data, building the comprehensive #eBRS System with both north bound interface to SAP for Production Orders and south bound integration to MES Layer until the equipment layer. This will be the first step (phase) in the Digital Transformation journey and will be continued with implementation well defined business use cases to deliver value.

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I was recently mulling over the 2024 Future-Ready 'Trends in Life Sciences' report by Indegene. It is an excellent resource that identifies key attributes of future-ready companies, along with challenges faced and potential solutions). As I read, I was reminded of a session on “Creating Pharma's Digital and Commercial DNA” where Ricardo Marques (Sandoz) was a panelist - way back in 2022. Some insights still resonate today:   - The Indegene report highlights that 55% of life science leaders consider customer centricity a top attribute for future-ready companies. This aligns with Ricardo's point that company goals must be aligned with customer needs. Back then, he pointed out a pandemic-driven shift towards a more customer-focused approach - a trend that is clearly intensifying. - The report (echoing Ricardo's own viewpoint 2 years prior) also reveals that 63% of leaders prioritize building a data-driven culture, with significant investments in AI and Advanced Analytics - leveraging data to drive insight, informed decision-making, and enhanced customer engagement.   The point to be taken from this synergy between a practitioner's view point and a research report 2 years later is this: A customer-centric and data-driven approach is vital for success in the life sciences industry. By prioritizing customer needs and leveraging data to make informed decisions, companies can build stronger relationships, drive innovation, and stay ahead in the ever-evolving healthcare landscape.   For those who want to have a look at the Future-Ready trends, here is the link: https://lnkd.in/eDAay9dX And, here is the link to Ricardo’s panel discussion: “Creating Pharma's Digital and Commercial DNA” : https://lnkd.in/eiqpsxSg   #FutureReadyLifeSciences #DigitalHealth #CustomerCentricHealthcare #DataScience #Pharma #Innovation

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🌍 Sharing this article to bring awareness of this important challenge for humanity. Sustainability (ESG) objectives vs AI Data centers? 👀 The reality is the increased demand for AI solutions/enablement is currently conflicting with ESG objectives. We have to be aware that AI runs in powerful computers and data centers that consume enormous amounts of electricity and most of them are not using renewable energy sources but coal-based resources. #ai #genai #sustainabilty #renewableenergy #globalwarming #esg #powerplants #windpower

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While going through a short-term management course this case study caught my attention and this is a great example of how positive culture can bring significant changes within the organization. Satya Nadella has brought a remarkable transformation to Microsoft by fostering a growth mindset. Before his leadership, the company was bogged down by internal politics, a poor performance management system, crippled hierarchy, stagnation, and internal silos, hindering its ability to innovate. Under his leadership, the company has shifted from a fixed mindset to one that values continuous learning and innovation. This cultural change has not only sparked creativity and competitiveness but also improved the company's financial outcomes which is reflected in the below stock price. The key highlight of the changes he introduced: - Adopted a growth mindset, shifting from fixed thinking. - Created a safe environment for risk-taking and learning. - Sparked creativity and competitiveness across the company. - Improved financial outcomes through innovative strategies such as cloud-first products. - Prioritized empathy, collaboration, and inclusivity. Microsoft under Nadella's leadership highlights the power of a growth mindset and safe environment for risk-taking and learning helped drive an organization toward greater heights. #HR #Culture #Organization #PeopleAnalytics #HRAnalytics #Microsoft #SatyaNadella #GrowthMindset

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My personal productivity has increased significantly with AI - both in professional and personal life. If you have not started, this article produces useful examples to accelerate your work and spend time doing more critical thinking. https://lnkd.in/eEsh2CzY

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Really simple explanation of Inference, why its needed, why its different than training, why it will dominate in the near future and most importantly why inference infrastructure needs a new approach and innovation. Well done Recogni, R K Anand https://lnkd.in/gHcaMEDJ

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AI will eventually be applied in most parts of the value chain. There is a focus on low hanging fruits, applying ChatGPT in office routines, but significant gains might very well come within areas such as research and automated manufacturing. Gaining an understanding of the level of skills required within ML and AI in different roles, in different parts of the organisation is important. Including at the c-Suite level. Equally important is where to look for the right talents..! #AI #machinelearning #leadership #strategy #technology

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🌟 Overcoming Imposter Syndrome: Embrace Your Authenticity and Let go of Fear! 🌟 🌱 Did you know that approximately 70% of individuals experience imposter syndrome at some point in their lives? It's a common phenomenon that affects people across all demographics, with higher rates among women and individuals from the LGBTQ+ community. 💼 Imposter syndrome is prevalent in various professional sectors. For instance, those working in science and pharmaceuticals report the highest prevalence at 78%, followed by marketing and advertising at 72%. In high-pressure environments, like these, feelings of self-doubt and inadequacy are exacerbated, negatively impacting career progression and mental health. 🔍 Self-awareness is key! Acknowledge your feelings of imposter syndrome and understand that they're a normal part of the human experience. Reframe negative thoughts into positive affirmations and celebrate your achievements regularly 🎉. 👥 Seek support and mentorship from colleagues who can provide guidance and reassurance. Engage in continuous learning and skill development to boost your confidence and diminish feelings of inadequacy. 🌟 Let go of fear and embrace authenticity! By releasing fear and practicing self-compassion, individuals can transition from feeling like imposters to embracing their true, confident selves. 🌟 💚 Let's create supportive work environments where open discussions about imposter syndrome are encouraged, leading to personal growth and professional success! 💚 💡"Can you pinpoint where the fear stems from when you experience moments of self-doubt or imposter syndrome?" #Authenticity #OvercomingImposterSyndrome #CareerGrowth 🚀 #CoactiveCoach #Coaching #MentalFitness

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AI's transformation is driven thus far by grass-roots individual employees' efforts to make their lives easier and better. The next question is to ask how organizations can leverage this to transform their business from the top-down? Figuring out enterprise implications of AI is the critical work of the business leaders at this present moment. https://lnkd.in/gQe8Dsh9

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While research in AI has resulted in exciting new algorithms, there’s a lot that needs to be done to harness it to its fullest potential in drug discovery. Here are four considerations that should be taken into account to successfully implement AI in an organization.

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Ultimately, innovation is a resource allocation problem. Research shows that leadership wants innovation, but they often don’t create the conditions for its successful execution. 80 or 90 percent of executives say that innovation is a top priority, but only 6 percent are satisfied with their performance (see article in comments, from Erik Roth, Alex Morris, and Laura Furstenthal at McKinsey & Company). We need to address human barriers to innovation and create a culture that nurtures creativity, experimentation, and collaboration. Top innovators focus on these five aspects of innovative culture: ✔ Believe and value ✔Frame and champion ✔Signal and symbolize ✔Show and ritualize ✔Shield and empower Design with the end in mind. https://lnkd.in/e62qZVcq #innovation #businessgrowth #cultureofcreativity

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