He’s agents are turning companies at unprecedented speed, creating an existential business … [+]
The world has never changed this quickly and will never move it slower. This strict reality, separated from the CEO of Servicenow Bill McDermott during our last conversation, perfectly captures the transformative whirlpool businesses now facing the show – that autonomous systems that can perform tasks without human intervention.
“The revolution of it is faster than all of them,” McDermott told me, comparing it to previous technological shifts. “I think people have underestimated the importance of technology, transparency, metric, measurement and types of things that leaders have to put in their companies now to make people move back and help people catch this wave.”
This is not hyperbole. We have entered what I have called an era of hyper-sovereign, where it doubles it every few months than years. For company executives, this acceleration creates a tremendous opportunity and existential threat.
The indispensable control tower
Perhaps the most significant mirror from our conversation was McDermott’s emphasis on the need to integration through what he calls a “control tower of he”. This recognizes a fundamental problem facing most organizations: decades of building silent systems that cannot communicate effectively.
“These companies have been deceived with these departments systems in which they continue to invest, continue to improve,” Mcdermott explained. “They have different levels of release. Some are in the cloud; some are in the premise.
This fragmentation problem is especially sharp with the implementation of it. Companies that rush to set up agents in the detached systems run the risk of creating a new layer of incompatible technology, enlarging existing inefficiency rather than solving them.
Solution? According to Mcdermott, organizations need “a single platform with an architecture, a data model and a wonderful user experience that serves as the control tower for the transformation of it”. This approach enables the integration of numerous agents of him and various data sources – from structured database information to non -structured documents on personal equipment.
The evolution of human workforce
One of the most interesting aspects of our discussion focused on how agents and he is essentially becoming “sustainable employees” – working 24/7, without vacation or health care requirements. This change is fundamentally changing the dynamics of the workforce.
Servicenow has already made nearly half a billion dollars of economic value through the implementation of it, with agents that release 3 million hours of employee capacity. They have seen an 85% customer self-service rate through AI (not chatbots) agents, reducing the time of resolving issues by 80%.
“Now we have a new labor force besides the human labor force,” Mcdermott noted. In Servicenow, they have estimated that they can do the same job with 10% less human employees, but as a growth company, they are concentrated instead of the decision of the agents to enable greater growth with greater efficiency.
This does not necessarily mean mass unemployment. As McDermott reflected, “In 1966, TIME magazine essentially made the statement that with the evolution of the computer and after that, after this computer, it would be possible that 90 percent of corporate jobs would not be more needed … well, millions and millions of jobs later, we know it is not true.”
On the contrary, McDermott predicts a renaissance in productivity: “This workforce of it will do the job that destroys the soul in every industry, in the tasks and areas of productivity that people do not want to do anyway.” The future he describes is a collaboration where “thinking machines will build people with better thoughts and better results for the global economy.”
Saving the trap of inheritance
He’s investment is growing in the industry as organizations compete to take advantage of its transformative potential. However, Mcdermott identified a critical problem: “80 to 90 percent of the budget will keep trains working on time, as they always have. And in many cases, it also means improving old technology, which is still old, in the latest versions of old technology, which is a big mistake.”
This approach blocks the investment capital in inheritance systems than to financing it. His recommendation? “Stop doing what you have always done and take a fresh look at possible art. And I would say you have to start moving half your discretion in the revolution of it.”
The consequences of maintaining the status quo are severe. “CEOs are really, really upset because they have launched billions of investments in digital transformation just to find out that 85 percent of digital transformation projects have not provided a positive rock to them,” shared Mcdermott.
The principles of leadership for the era of it
When I asked McDermott about leadership at this transformative time, his response revealed principles that apply to the industry:
- Take care of customers above all else: “The only thing that really mattered was my clients. They were my only boss. And if they didn’t come back and I didn’t make them happy, then I miss the game in my competition.”
- Increase your driving during inflation points: “When I see inflation points in markets like we are now, my intensity and my push grows alone. Because I know I am dear people, and I am building confidence with people letting them know that they should accelerate the pace.”
- Understand the details to dream bigger: “Look at the details because the details will help you form a bigger dream. It’s not just about technology. It is about what technology can do for the dream.”
- Think in an exponential way: “If you take 30 linear steps, you will go 1 to 30. If you take 30 exponential steps, 1, 2, 4, 8, by the time you reach 30, you have traveled around the world. You have made a billion steps.”
- Lead from the front lines: “The way I try to do my job is not to do my job after a table. But be on the front lines with people really understanding what we have to help the client win in every industry.”
A crucial moment
The wisdom of sharing Mcdermott must resonate with any business leader: “This is a moment made or dies for both individuals and companies to capture this rapid lightning revolution.”
Flowering companies are not simply by implementing it – they are reimaging their entire organizational structure and technology stack to create integrated systems, where agents work harmoniously with people and one another. Those who climb the old ways of working risk being left exponentially back.
As McDermott stated so strongly, “If they do not catch the wave now, there is a great chance that they can leave behind, and there is an even greater chance that companies that do not catch this wave, in fact, will be left behind.”
The future belongs to those who brave enough to turn the engineer of the world they love and lead their organizations through this transformative moment. He’s revolution expects no one.