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VOL 08 I ISSUE 01 I 2023
Comprehensive
Aspects
Why Transforma ve
Leadership Approach is
Essen al in the
Digital Era?
Proficiency in Developing Psychological Horror Games
Piotr Babieno
Founder and
Chairman
Bloober Team
Industry Insights
Understanding the
Innova ve Approaches
of Inspiring Leaders
Leadership
is not about
being
It is about making
everyone
else
better.
thebest.
www.ciolook.com
A
successful business leader is often the driving
force behind a company's growth and success. A
CEO possesses various traits that create a
difference from the rest and can motivate and inspire
their team to reach new heights. An inspiring CEO has a
clear and compelling vision for their company's future.
They are able to articulate this vision in a way that
motivates their team and creates a sense of purpose.
A leader who is passionate about their work can inspire
others to share that passion. They are enthusiastic
about their company's mission and are willing to go
above and beyond to achieve their goals. An excellent
CEO is able to make tough decisions quickly and
confidently. They weigh the pros and cons of each
option and make a choice based on what is best for the
company.
The business world is constantly changing; business
leaders are adapting to new challenges and
opportunities. They are flexible and open to new ideas
and are willing to pivot their strategy when necessary.
In the dynamic business arena, an inspiring CEO is true
to themselves and their values. They are honest and
transparent with their team and are able to build trust
through their authenticity. A CEO who is empathetic
and understands the needs of their team can create a
positive and supportive work environment.
They listen to their employees and are able to address
their concerns in a thoughtful and compassionate way.
Building a successful company is not without its
challenges, and an inspiring CEO is able to bounce back
from setbacks and keep moving forward. They are
tenacious and persistent in the face of adversity.
A CEO possesses a combination of vision, passion,
decisiveness, adaptability, authenticity, empathy, and
resilience. These traits enable them to lead their team
to success and create a positive impact on the world.
Spotlighting these charismas and their odyssey of
excellence, the latest edition of CIOLook, “The 10 Most
Inspiring CEOs Making a Difference in 2023,” features
the CEOs who are making a positive difference in their
respective industries in 2023.
These CEOs are not only successful in their businesses
but also lead with purpose and have a significant impact
on their communities and the world. Flip through the
pages and indulge in this saga of brilliance.
Have a delightful read!
The Personalities of
Enriching Wisdom
AbhishekJoshi
A
Proficiency in Developing Psychological
Horror Games
Piotr Babieno
Founder and
Chairman
Bloober Team
08
Page No.
Articles
Profiles
24
16
Comprehensive Aspects
Industry Insights
Understanding the Innova ve
Approaches of Inspiring Leaders
Why Transforma ve Leadership Approach
is Essen al in the Digital Era?
Page No.
Page No.
o
n
t
e
n
t
Dr. Walid El Abed
20
Page No.
CONTENT
Deputy Editor Abhishek Joshi
Managing Editor Muskan Kapoor
DESIGN
Visualizer
Art & Design Director Ankita Pandharpure
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SALES
Senior Sales Manager Sihanee M., Rouniyar A.
Customer Success Manager Saurabh M.
Sales Executives R. Gold, S. Kudsinge, A. Patil
TECHNICAL
Technical Head Prachi Mokashi
Technical Consultant Victor Collins
AUGUST, 2023
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Editor-in-Chief
sales@ciolook.com
SME-SMO
Research Analyst Eric Smith
SEO Executive Sagar Lahigade
Brief
Company Name
Lars Jorgensen
President and CEO
As CEO of Novo Nordisk, Lars Jorgensen works with talented
colleagues to drive change to defeat diabetes and other serious
chronic diseases such as obesity and rare blood and endocrine
disorders.
Ken Hopkins
President and CEO
As President and CEO of Neapco, Ken is responsible for guiding a
dedicated and talented executive staff, supported by experienced
management teams and a committed workforce with operations
throughout North America, Europe and Asia.
Neapco Holdings
neapco.com
Novo Nordisk
novonordisk.com
Dr. Walid el Abed is a French linguist and computer scientist. He is
the creator of the Data Excellence Science and a worldwide
renowned expert and visionary in the domain of (VALUE,
GOVERNANCE, AI and DATA).
Global Data Excellence
globaldataexcellence.com
With over 40 years in the entertainment industry, Lionel Lodge
has been involved with a diverse spectrum of the industry.
SyncLodge
synclodge.com
Markus Ulrich founded Geniusthingks, the conglomerate,
encompassing a wide range of ideas and patents.
Genius Printer
geniusthingks.com
Featured Person
Dr. Walid el Abed
CEO and Founder
Lionel Lodge
Founder and CEO
Markus Ulrich
CEO
Piotr Babien
Founder and
Chairman
Under Piotr's leadership, Bloober Team has captivated players
worldwide with its unique approach to storytelling and
atmospheric setpieces.
Peter August
CEO
Distinguished precious metals expert Peter August is the CEO
of Melbourne Mint and the Managing Director of Australian
Bullion Company (Australia’s oldest privately-owned bullion
company).
Melbourne Mint
melbournemint.com.au
Bloober Team
blooberteam.com
Matthew Telesca opened MGN Logistics as a traditional truckload
brokerage and attracted more customers with a broader supply chain
need.
MGN Logistics
mgnlogistics.com
Sbusiso Kumalo is a result oriented self-starter with a passion for
entrepreneurship, innovation and technology.
African Bank
africanbank.co.za
Sean has transformed the company into the leader in lifecycle
managed services in the enterprise mobility, point of sale and payment
processing industries.
TRG
trgsolutions.com
Matthew Telesca
Founder and CEO
Sbusiso Kumalo
CEO and Founder
Sean Kennedy
CEO
Piotr Babieno
Founder and
Chairman
Bloober Team
Proficiency in Developing Psychological
Horror Games
We like to encourage players
to think about their choices and
analyze their next steps. We use
horror to convey as much emotion as
possible because horror is a highly
immersive genre. This leads to a
kind of catharsis.
T
he gaming industry has witnessed remarkable
growth and transformation over the past decade.
With advancements in technology and increasing
demand from a vast and diverse audience, game
developers have been pushed to explore new genres
and create immersive experiences. Within this
landscape, Bloober Team, a renowned game
development studio, has emerged as a trailblazer in the
realm of psychological horror games. Led by its
visionary Founder and Chairman, Piotr Babieno, the
company has captivated players worldwide with its
unique approach to storytelling and atmospheric set-
pieces.
Within the gaming industry, the horror genre has
always been an enticing yet challenging space to
navigate. Bloober Team's expertise lies in developing
horror games with mature storylines, pushing the
boundaries of psychological terror. Their games offer
players an intense, immersive experience that blends
haunting narratives, atmospheric environments and
thought-provoking themes. By delving deep into the
human psyche and exploring intricate character
development, Bloober Team has carved out a
distinctive space in the gaming sector.
Bloober Team, a Poland-based game development
studio, was established by Piotr. Inspired by his lifelong
passion for gaming, Piotr embarked on a journey to
create his own games, aiming to contribute to an
industry that was rapidly emerging in Poland.
Assembling a team of talented individuals who shared
his vision, Piotr set the stage for what would become an
influential force in the gaming world.
Let’s discuss the transformation of the Bloober Team with
evolving gaming industry!
The Visionary Founder and Chairman
Piotr has always been deeply connected to the world of
games. While initially pursuing a career in marketing
The 10 Most Inspiring CEOs Making a Difference in 2023
research and journalism, Piotr's unwavering love for
gaming led him to chase his dream.
Emphasizing this, Piotr says, “At the initial stage of my
career, I was doing something completely different, for e.g.,
worked in marketing research or as a journalist. But I’ve
always been a big fan of games, and I was up to date with
the industry that was just emerging in Poland.”
With the necessary resources at hand, he made the
crucial decision to create his own game, marking the
beginning of his extraordinary journey with the Bloober
Team.
Talking about his journey and stepping into the gaming
industry, Piotr states, “From my first console game, I
wanted to create my own game, so you could say it's always
been my big dream. When I gathered enough funds, I
decided that this is the time. Together with some great
people, we decided that we wanted to create a game, and
that's how our adventure with Bloober Team began.”
Bloober Team has carved out a prominent place in the
gaming industry through its innovative approach to
psychological horror games. With their distinct
storytelling, immersive experiences and commitment to
creative freedom, Bloober Team continues to push
boundaries, leaving an indelible mark on the gaming
world. As they embark on their ambitious Bloober 3.0
strategy, the company is poised to solidify its position as
a leader in the horror genre and shape the future of
interactive entertainment.
Unearthing Unique Concepts: Psychological Horror
and Atmospheric Set-Pieces
It's been a long journey for the Bloober Team, not
without its fair share of challenges. Initially unsure of
their strengths as game developers, the team took a
step back after an early game received negative
reception. Piotr shares, “In the beginning, we didn't
really know how to make games, and we didn't know
what we were good at.”
He adds, “When our Basement Crawl was considered the
worst game on PS4, we had to take a few steps back and
think about which direction we should go.” Through
careful analysis and introspection, they discovered
their unique talent for psychological horror and
storytelling through environmental immersion. This
realization paved the way for their distinctive
approach, characterized by mature storylines,
intricate character development and meticulously
crafted atmospheric set pieces.
Balancing Innovation and Creativity as a Game
Development Studio
Piotr faces the significant challenge is choosing the
right path and sticking to it. Many companies failed
because they easily changed their approach and
strategies in order to be up-to-date. In an industry
known for its rapid changes and evolving trends,
Bloober Team stands firm in its strategic direction. By
staying true to its artistic vision while considering the
commercial aspect, the company has found a delicate
balance that allows for creative freedom while also
ensuring commercial success.
Piotr’s remark on employee culture at Bloober Team,
“When it comes to maintaining creativity and innovation in
the team, they try to give our employees the freedom to
create and not limit them. Of course, it's not like they
suddenly can do everything, but we listen to all ideas,
whether they come from a director or a junior. Thanks to
this, we have a wide cross-section of ideas, and at the same
time, the whole team has a real impact on the games.”
Creating Games that Exceed Expectations: The Role of
a Talented Team
Piotr proudly shares, “I work with a team of absolutely
best people, including enthusiasts and experts at the same
time. I always say that the right people in the right place are
key to success.”
Piotr emphasizes the importance of having the right
people in the right positions, a key factor in the team's
Piotr Babieno, the founder
and chairman of Bloober Team, has
always been deeply connected to the
world of games.
ability to consistently deliver high-quality games. By
studying the market and understanding player
expectations, the team creates games that resonate
with their target audience.
By fostering a collaborative environment and
encouraging all team members to contribute ideas,
Bloober Team ensures that every voice is heard and
that its games consistently meet and exceed
expectations.
Differentiating Factors: Standing Out in the Horror
Genre
Bloober Team's horror games possess a unique quality
that sets them apart from other titles in the genre. By
tackling significant and thought-provoking themes, the
company aims to initiate meaningful discussions among
players. The immersive nature of horror games allows
Bloober Team to convey intense emotions and create a
cathartic experience for players, making their titles
memorable and impactful.
Piotr expresses, “Our games are a field for discussion. We
want to raise important, significant topics which cause
discussion. We like to encourage players to think about
their choices and analyze their next steps. We use horror to
convey as much emotion as possible because horror is a
highly immersive genre.”
Achieving a Balance between Artistic Vision and
Commercial Success
Bloober Team is evolving with the rapidly changing
world. The team at Bloober Team places great
importance on maintaining their artistic vision while
considering commercial success.
With a focus on storytelling, the company seeks to
create games that captivate players and stand on their
own merits. Piotr says, “First of all, we focus on our artistic
vision and ideas because we believe that a good game will
defend itself.”
Being a large listed company, they also understand the
need to adapt to market trends and financial realities.
As the company transitions into Bloober 3.0, they are
dedicated to incorporating gameplay elements and
broadening its audience by appealing to action-loving
horror gamers by encouraging modern gamers,
including those who like action-packed horror games.
This, in Piotr’s opinion, is this balance of artistic vision
and commercial success.
Prioritizing Features and Meeting Player Expectations
When developing a game, Bloober Team takes a
meticulous approach to prioritize features and ensure
they align with player expectations. The decision-
making process involves multiple individuals to
increase objectivity and draws upon market research
and analysis. By examining successful elements from
other games while considering their own strengths and
vision, Bloober Team strives to create a well-rounded
experience that resonates with its target audience.
Piotr says, “We try to look at the market, other games and
their reception, and we analyze what works, what doesn't
work, what has the best chance of success and at the same
time best suits us and our game.”
Words of Wisdom for Aspiring Game Developers
Piotr Babieno shares valuable advice for aspiring game
developers looking to make their mark in the industry.
He says, “Above all, be persistent and believe in yourself.”
He emphasizes the importance of persistence, self-
belief and having a clear vision for both their game and
their company.
There will certainly be moments of doubt, and the most
important thing is not to give up. It is also important to
have a specific idea for your game and your company;
We combine our knowledge
and tools with other experts to create
interesting things together.
with a clearly defined strategy, it is much easier to
achieve a specific goal. With a well-defined strategy and
unwavering dedication, aspiring developers can
overcome challenges and achieve their goals.
A Long-Term Vision for Bloober Team
Bloober Team envisions itself as a company that will
endure for decades rather than being confined to short-
term goals. With its Bloober 3.0 strategy, the company
aims to solidify its position as a leader in the horror
genre by 2027.
The strategy focuses on combining psychological
horror with action elements, expanding through
partnerships and fostering creative freedom within the
team. By setting ambitious yet achievable goals,
Bloober Team is determined to shape the future of the
gaming industry.
The Evolving Landscape of the Gaming Industry
Looking ahead to the next 5-10 years, Piotr anticipates
further advancements and evolution within the gaming
industry. He says, “5 or 10 years is a lot for this industry
because it is changing so rapidly.”
He adds, “We can see what progress game developers are
making, even from year to year. This is extremely inspiring.”
According to Piotr, games are expected to become even
more immersive, and developers will explore new
avenues beyond traditional gaming experiences.
Bloober Team's own strategy for 2023-2027 aligns with
this vision as they seek to leverage the broad
possibilities offered by the horror genre.
Ensuring Work-Life Balance: The Key to Employee
Satisfaction
Bloober Team recognizes the importance of
maintaining a healthy work-life balance for its
employees. Acknowledging that people are the heart of
the company, they prioritize the needs of their team
members.
Piotr expresses, “We believe that focusing on employees
and their needs is the key to the success of the entire
company.
We make every effort to eliminate popularity in our
industry crunch. We want work to be a pleasure, not a
chore, which is why we focus on freedom. Talents need room
to bloom.”
With employees all over the world, and Bloober Team
accept all possible forms of cooperation, from
completely stationary to completely remote. Once a
year, it organizes an integration trip so that the whole
team can meet each other. And of course, on many
other occasions when the opportunity strikes, the team
is open to meeting in a smaller or larger group.
Piotr says, “I believe that such a lot of freedom allows you
to maintain a work-life balance. People need three things-
purpose, tools and trust. We are trying to give them all of
this. Plus, our past mistakes have taught us how to get
better at avoiding them. But the most important thing is the
spirit of the company, and I think that at Bloober, it is our
USP. There is no other organization like ours.”
The company strives to eliminate "crunch" periods,
offering flexibility in work arrangements and providing
ample opportunities for team members to connect and
build relationships. By fostering a supportive and
inclusive environment, Bloober Team ensures that its
employees can maintain a healthy balance between
work and personal life.
Exciting Projects on the Horizon
Bloober Team has several exciting projects in the
pipeline. They are currently working on SILENT HILL 2
in collaboration with Konami and developing their own
IP, Project C, in partnership with Private Division (Take-
Two Interactive). Additionally, the company is actively
seeking industry collaborations to diversify its portfolio
and explore new creative horizons.
Piotr says, “We combine our knowledge and tools with
other experts to create interesting things together.”
Bloober Team's commitment to forging unique
partnerships has led to collaborations with studios such
as Anshar Studios, Draw Distance and Rouge Games, as
well as a venture beyond gaming with Platige Image to
create a series based on The Medium.
5 or 10 years is a lot
for this industry because it is
changing so rapidly.
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Today
Today
Understanding the
Innovative Approaches
of
Inspiring Leaders
In today's rapidly evolving business landscape, the role of a leader goes beyond traditional management
practices. Inspirational leaders are at the forefront of driving organizational success through innovative
approaches that inspire and motivate their teams to reach new heights. These leaders possess a unique
blend of qualities, skills, and strategies that set them apart from the crowd. In this article, we delve into the
fascinating world of inspirational leadership and explore the innovative approaches adopted by these
remarkable individuals.
The Essence of Inspirational Leadership
Inspirational leadership transcends the conventional boundaries of authority and power. It is characterized by a
visionary mindset, an unwavering commitment to a larger purpose, and the ability to influence and inspire
others. Inspirational leaders connect on a personal level, instilling a sense of purpose and passion in their teams.
They foster an environment of trust, open communication, and collaboration, paving the way for innovative
thinking and problem-solving.
Visionary Thinking and Future-Casting
Inspirational leaders are visionaries who possess a clear and compelling vision for the future. They effectively
communicate this vision to their teams, igniting a shared sense of purpose and direction. These leaders
encourage their teams to think beyond the present and envision what lies ahead, fostering a culture of forward-
thinking innovation. By aligning everyone towards a common goal, they create an atmosphere where
unconventional ideas are not only welcomed but actively sought after.
Empowering and Autonomous Culture
One hallmark of inspirational leadership is the emphasis on empowering employees and granting them
autonomy. These leaders recognize that innovation thrives when individuals are given the freedom to explore
their ideas and take ownership of their work. By trusting their team members and providing them with the
resources they need, inspirational leaders cultivate a culture where creativity and innovation flourish.
August 3
202 ciolook.com
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Industry
Insights
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Adaptive and Agile Mindset
The pace of change in today's world requires leaders to be
adaptable and agile. Inspirational leaders are open to new
ideas and are willing to pivot when necessary. They create
an environment that encourages experimentation, risk-
taking, and learning from failures. This adaptability enables
their teams to respond effectively to unexpected challenges
and seize opportunities that arise.
Emotional Intelligence and Empathetic Leadership
Inspirational leaders possess a high degree of emotional
intelligence, allowing them to understand and connect with
the emotions of their team members. They genuinely care
about the well-being of their employees and create a
supportive and inclusive work environment. This
empathetic approach not only enhances team morale but
also fuels innovation by fostering a sense of psychological
safety where individuals are more willing to express their
ideas.
Continuous Learning and Personal Growth
Leaders who inspire innovation are committed to their own
continuous learning and personal growth. They lead by
example, demonstrating a willingness to learn from various
sources, adapt to new technologies, and embrace emerging
trends. This commitment to self-improvement sets a
positive precedent for their teams and encourages a culture
of lifelong learning and innovation.
Cultivation of Diverse Perspectives
Innovation thrives in an environment that embraces
diversity and inclusivity. Inspirational leaders actively seek
out and value diverse perspectives, recognizing that fresh
viewpoints lead to unconventional solutions. By
championing diversity, these leaders create a culture where
varied backgrounds and experiences enrich the creative
process, resulting in groundbreaking ideas that propel the
organization forward.
Servant Leadership and Empowerment
An innovative approach often begins with a leader who
serves rather than commands. Inspirational leaders embody
the concept of servant leadership, where their primary focus
is on empowering their team members to succeed. By
acting as facilitators and enablers, these leaders create a
sense of ownership and accountability within the team.
This empowerment-driven leadership style fosters a culture
of innovation, where individuals are encouraged to explore
their potential and contribute ideas fearlessly.
Design Thinking and User-Centric Innovation
Inspirational leaders often embrace design thinking, a
methodology that places the end user at the center of the
innovation process. They encourage their teams to
empathize with customers, understand their needs, and
design solutions that address real-world challenges. This
user-centric approach not only drives innovation but also
cultivates a deep connection between the organization and
its customers, fueling sustained growth.
Collaborative Ecosystems and Cross-functional Teams
To spur innovation, inspirational leaders create
collaborative ecosystems that transcend departmental
boundaries. They assemble cross-functional teams that
bring together individuals with diverse skills and expertise.
By facilitating open communication and knowledge
sharing, these leaders break down silos and create an
environment where multidisciplinary collaboration thrives,
leading to breakthrough innovations that would not have
been possible within isolated functional units.
Environmental Consciousness and Sustainable
Leadership
Inspirational leaders are increasingly recognizing the
importance of sustainable leadership in driving innovation.
They champion environmentally conscious practices and
integrate sustainable principles into their organizational
strategies. By doing so, these leaders inspire their teams to
think creatively about minimizing environmental impact
and developing innovative solutions that align with social
and ecological values.
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18
“Some companies
embody this
mindset, and their
commitment to
innovation can be
seen in the way they
operate, regardless
of their size.”
Dr. Walid El Abed
CEO and Founder
Global Data Excellence
August 2023 www.ciolook.com
20
Dr. Walid El Abed
Dr. Walid El Abed
Dr. Walid El Abed
he integration of Artificial Intelligence (AI) into
Tgovernance is a rapidly evolving landscape that
has become increasingly important in recent
years. AI has the potential to transform the way
organizations operate, and it is essential to establish
governance frameworks that ensure the ethical and
responsible use of AI. The integration of AI into
governance requires a comprehensive understanding
of the technology and its implications, as well as the
development of new policies and regulations to govern
its use.
Dr. Walid El Abed has emerged as a distinguished figure
in this particular arena, bringing together his expertise
in linguistics and computer science to make a significant
impact. As the CEO and Founder of Global Data
Excellence, Dr. Walid's three decades of experience
across diverse industries have solidified his position as
a visionary in the realms of value, governance, AI and
data.
His tireless efforts and ground-breaking contributions
in the domains of value, governance, AI and data are
transforming the way businesses operate. His visionary
leadership and commitment to driving innovation are
transforming the way organizations approach
governance and unlocking the full potential of AI.
We at CIOLook interviewed Dr. Walid on his vision for
Human and AI collaboration.
Let’s dive into the insights of the interview!
Can you tell us about your background and how your
linguistics and computer science expertise has
informed your work in the domain of VALUE,
GOVERNANCE, AI, and DATA?
As organizations strive to improve their governance
practices and integrate AI into their operations, I offer
the following advice. It is essential to focus on the
aspects, such as finance and personal data, and evolve
beyond outdated methods of classic governance,
embracing AI to anticipate and adapt to the ever-
changing landscape.
To become data-driven, organizations must adopt
linguistic and semantic AI. The dynamic AI market and
ever-changing data offer a historic chance to break free
from outdated predictions and learn from past mistakes
for a successful future. AI to anticipate and adapt to the
dynamic nature of the market. By learning from history
and avoiding its pitfalls, organizations can become
more innovative and ensure a sustainable future for all.
Some companies embody this mindset, and their
commitment to innovation can be seen in the way they
operate, regardless of their size. However, all
companies and organizations must avoid falling into the
same traps. Even industry giants like IBM and
Microsoft, who provide advice to others, face
challenges that require transparency and honesty. By
prioritizing these values, we can protect the planet and
uphold human rights.
What inspired you to create Data Excellence Science,
and how has it evolved over the years?
During my studies, I wanted to create a system (the
NIXUS) that could communicate. I realized that this
involves law, rules, data, value, organization, and a lot of
sciences. However, each science is separated; there are
silos of science. So, I created Data Excellence Science to
combine everything into one science. It's a whole new
science with its own framework and methods for
dealing with value in the digital world. Otherwise, each
science (data science, compliance, business
management and data management) apart doesn't
represent the whole picture. Data Excellence Science is
August 2023 www.ciolook.com
21
the missing link between them all, in other words, the
heart of linking knowledge to usage with wisdom in
order to create value by taking into account each
individual's context.
A new world needs new methods and dynamic and
perpetual science. It cannot be treated in the same way
as in the industrial age.
Can you describe how the AI platform you developed
at Global Data Excellence works and how it supports
corporate governance?
DEMS-NIXUS is a comprehensive and multilingual web-
based solution that helps modern organizations
establish a unified governance environment capable of
aligning and overseeing all business units. It is a vital
component of any IT environment, providing a
comprehensive solution for automated data
integration, cleansing, business intelligence,
governance and sharing. The offering incorporates
semantic and linguistic Artificial Intelligence (AI) to
convert human language business rules into machine
code. This AI seamlessly integrates with existing
infrastructures and databases, ensuring data ownership
and leaving data untouched at its source. DEMS-NIXUS
is a multilingual system for querying databases using
natural language, integrating linguistics and AI
technologies like ChatGPT and Wolfram ALPHA. It also
supports over 1000 file formats, connects to public or
private data sources, and interfaces with social
networks.
DEMS-NIXUS provides a customized management and
governance framework that empowers shareholders,
employees and partners, establishing accountability
and responsibility throughout the organizational
structure. It precisely links data assets to value flows,
enabling prescriptive governance and sustainable
business strategies. The uniqueness of DEMS-NIXUS
lies in its Dynamic and Prescriptive Governance Model.
This top-down management approach systematically
evaluates the enterprise's data assets and proactively
controls current and future business transactions and
objectives.
What are some of the challenges you have faced in
developing and implementing your platform, and how
have you overcome them?
The solution is made for the digital world, whereas
there is a gap in the speed of value creation in
companies. Changes are too rapid compared to
conventional systems. The challenges I've encountered
are that people need to understand that we're moving
towards a world that demands this when they're
focused on current problems.
To overcome this, I adjusted to respond to the near and
far, with pilots in different areas and a progressive
framework to suit each company's maturity. The
problem was that companies weren't mature enough to
understand the distance because they were focused on
the present. As a result, I created the Maturity model to
measure where companies are in their Data Excellence
Day and how to focus on the near and far. I linked each
activity to value with the Key Value Indicator (KVI) to
obtain immediate results.
How do you ensure that your platform complies with
legal and ethical standards for data privacy and
security?
We ensure that our platform complies with legal and
ethical standards for data privacy and security as data
is kept at the source. We require no data integration,
which guarantees ownership and privacy. Moreover, we
work closely with the University of Law of Fribourg for
the GDPR, ECCMA for ISO 8000 data quality standard,
European Commission, institutions and academies to
make the system dynamic and to be able to learn any
type of standards or framework instantly.
What role do you see AI playing in the future of
corporate governance, and how do you see your
platform evolving to meet these changes?
Our challenges are twofold: first, we aim to govern AI
itself, and secondly, we face the issue of unreliable data
quality in current systems. We cannot rely on existing
procedures or systems to withstand the influx of
standard rules and the openness of the world.
In the future, AI will not replace humans but rather
collaborate with them. However, there are employment
and ethical concerns surrounding AI that must be
addressed before it can be used for governance. Our
governance framework, the Data Excellence
Framework, applies to both the NIXUS system itself
and its users. It ensures transparency and traceability,
also governing the implementation of AI.
August 2023 www.ciolook.com
22
For instance, with chatGPT, we cannot guarantee the
accuracy of the information provided. To address this,
we decrypt answers using DeCRIPT, regardless of their
source, whether AI, internal databases, the web, or
other documents. This enables us to link semantics with
meaning and align with people's objectives, allowing us
to control the progressive implementation and
utilization of AI, preventing chaos. Our AI governs its
usage, enabling knowledge distillation based on rules
and contexts, ensuring the power of AI is harnessed
without compromising value, fairness, or integrity.
Can you give an example of a successful
implementation of your platform and how it has
helped an organization improve its governance
practices?
Here are some business cases:
Ÿ In 8 days, one of the largest oil and gas companies
was able to save €1 billion and reduce costs by 50%
while anticipating exposure risks.
Ÿ A bank cleaned up 500 billion euros in 7 days.
Ÿ A multinational company that manufactures
building materials detected illegal transactions for a
total value of €127 million.
Ÿ A Swiss insurance company saved 21 million by
complying with 40 FINMA’s regulatory and
compliance rules.
How do you stay up-to-date on industry trends and
developments to ensure that your platform remains
cutting-edge?
Our company keeps pace with changing times and
trends by collaborating with a complete ecosystem that
includes customers, partners, institutions, academies,
European Commission, ECCMA, INTERREG and
INNOSUISSE consortiums. We constantly work on
R&D. We also work on different special projects.
Can you describe a time when you had to
communicate a complex technical concept to a non-
technical audience? How did you handle the situation?
Our mission is to simplify things, so we use semantics
and linguistics intelligence. People at all levels of the
organization can use our platform without technical
skills, as we use natural language.
What advice do you have for organizations looking to
improve their governance practices and incorporate
AI into their operations?
It's crucial to move away from traditional methods of
governance and instead leverage AI to anticipate future
challenges. I have established a dedicated lab for each
domain and actively implement what I advocate.
Embrace a data-driven approach and adopt linguistic
and semantic AI. The AI market is rapidly advancing,
and data is constantly evolving. This presents an
unprecedented opportunity to avoid disruptions by not
relying solely on historical predictions. Optimism lies in
breaking free from historical patterns.
Some companies exemplify this approach, evident
through the commitment of our customers, who span
across various sizes and embrace innovation. It is
incumbent upon all organizations to avoid falling into
the same pitfalls. Even industry leaders like IBM and
Microsoft, who advise others, face challenges
themselves. Transparency, honesty and a commitment
to preserving the planet and human rights are
paramount.
August 2023 www.ciolook.com
23
n an age defined by rapid technological advancements and unprecedented digital
Itransformation, leadership paradigms have had to evolve to keep pace with the changing
landscape. Traditional leadership models, while effective in their time, are no longer sufficient
to navigate the complexities of the digital era. Enter transformative leadership, a dynamic approach
that embraces change fosters innovation, and harnesses the potential of the digital realm to drive
organizational success. This article explores why the transformative leadership approach is essential
in the digital era and how it empowers organizations to thrive in this ever-evolving environment.
Adapting to Rapid Change:
The digital era is characterized by constant and rapid change, with technology driving innovation
and disruption across industries. Transformative leaders are adept at not only embracing change
themselves but also instilling a culture of adaptability within their teams. They encourage
continuous learning, experimentation, and risk-taking, enabling organizations to stay ahead of the
curve in a rapidly evolving digital landscape.
Fostering Innovation and Creativity:
Digital transformation often goes hand in hand with innovation. Transformative leaders create an
environment where employees are encouraged to think creatively, challenge the status quo, and
develop innovative solutions. By fostering a culture of innovation, these leaders drive the
development of new technologies, products, and services that can lead to competitive advantages in
the digital marketplace.
Embracing Technological Advancements:
Transformative leaders possess a deep understanding of emerging technologies and their potential
impact on the organization. They actively seek out opportunities to leverage digital tools and
platforms to streamline processes, enhance customer experiences, and drive operational efficiency.
Their technological acumen allows them to make informed decisions that lead to sustainable growth
and improved business outcomes.
August 2023 www.ciolook.com
24
Comprehensive
Aspects
August 2023 www.ciolook.com
25
Navigating Complexities and Uncertainties:
Digital transformation often introduces complexities and
uncertainties that can be daunting for traditional leadership
approaches. Transformative leaders excel in navigating
ambiguity and guiding their teams through uncertain
terrain. They maintain a clear vision, communicate
effectively, and inspire confidence, enabling their
organizations to successfully navigate digital disruptions
and seize new opportunities.
Developing Agile and Resilient Teams:
The digital era demands agile and resilient teams that can
pivot quickly in response to changing market dynamics.
Transformative leaders empower their teams to be
adaptable, agile, and self-directed. They prioritize skill
development, encourage cross-functional collaboration, and
provide the support needed for teams to thrive in a fast-
paced digital environment.
Cultivating Digital Mindsets:
A transformative leadership approach helps cultivate digital
mindsets within organizations. These leaders champion a
forward-thinking mindset that encourages employees to
embrace digital tools, data-driven decision-making, and a
customer-centric approach. By embedding these mindsets
into the organizational culture, transformative leaders
enable sustainable digital transformation and long-term
success.
Nurturing Ethical and Inclusive Practices:
The digital era presents ethical and inclusivity challenges
that require thoughtful leadership. Transformative leaders
are committed to ethical decision-making and inclusivity,
ensuring that technological advancements are harnessed
responsibly and equitably. They prioritize ethical
considerations, data privacy, and social responsibility,
thereby building trust and credibility in the digital age.
Promoting Continuous Learning and Skill Development:
In the digital era, skills become obsolete at an
unprecedented rate due to rapid technological
advancements. Transformative leaders emphasize
continuous learning and skill development, both for
themselves and their teams.
They invest in training programs, mentorship, and
upskilling initiatives, ensuring that employees remain
equipped with the knowledge and competencies needed to
excel in a technology-driven environment.
Enhancing Customer-Centricity:
Digital transformation has reshaped customer expectations
and interactions. Transformative leaders understand the
significance of customer-centricity in the digital age and
prioritize creating exceptional customer experiences. They
leverage data analytics and insights to gain a deep
understanding of customer behaviors and preferences,
enabling them to tailor products and services to meet
evolving demands.
Driving Data-Driven Decision-Making:
Data is a powerful asset in the digital era, and
transformative leaders harness its potential to make
informed decisions. They promote a data-driven culture,
encouraging employees to rely on data and insights when
making strategic choices. By leveraging data analytics,
transformative leaders optimize processes, identify growth
opportunities, and mitigate risks, leading to more effective
and efficient decision-making.
Cultivating a Global Mindset:
Digital technologies have dismantled geographical barriers,
enabling organizations to operate on a global scale.
Transformative leaders embrace a global mindset,
recognizing the importance of diverse perspectives and
cultural understanding. They build multicultural teams,
foster collaboration across borders, and develop strategies
that resonate with a diverse customer base, ultimately
driving international growth.
In a digital era characterized by rapid change, technological
innovation, and global connectivity, the transformative
leadership approach stands as a beacon of guidance and
resilience. Transformative leaders empower their
organizations to adapt, innovate, and lead with purpose in
the face of unprecedented challenges and opportunities. By
championing continuous learning, data-driven decision-
making, customer-centricity, and ethical practices, these
leaders lay the foundation for enduring success in the
dynamic and transformative landscape of the digital era.
April 2023 | 26 | www.ciolook.com
August 2023 www.ciolook.com
26
www.ciolook.com

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The 10 Most Inspiring CEOs Making a Difference in 2023.pdf

  • 1. VOL 08 I ISSUE 01 I 2023 Comprehensive Aspects Why Transforma ve Leadership Approach is Essen al in the Digital Era? Proficiency in Developing Psychological Horror Games Piotr Babieno Founder and Chairman Bloober Team Industry Insights Understanding the Innova ve Approaches of Inspiring Leaders
  • 2. Leadership is not about being It is about making everyone else better. thebest. www.ciolook.com
  • 3.
  • 4.
  • 5. A successful business leader is often the driving force behind a company's growth and success. A CEO possesses various traits that create a difference from the rest and can motivate and inspire their team to reach new heights. An inspiring CEO has a clear and compelling vision for their company's future. They are able to articulate this vision in a way that motivates their team and creates a sense of purpose. A leader who is passionate about their work can inspire others to share that passion. They are enthusiastic about their company's mission and are willing to go above and beyond to achieve their goals. An excellent CEO is able to make tough decisions quickly and confidently. They weigh the pros and cons of each option and make a choice based on what is best for the company. The business world is constantly changing; business leaders are adapting to new challenges and opportunities. They are flexible and open to new ideas and are willing to pivot their strategy when necessary. In the dynamic business arena, an inspiring CEO is true to themselves and their values. They are honest and transparent with their team and are able to build trust through their authenticity. A CEO who is empathetic and understands the needs of their team can create a positive and supportive work environment. They listen to their employees and are able to address their concerns in a thoughtful and compassionate way. Building a successful company is not without its challenges, and an inspiring CEO is able to bounce back from setbacks and keep moving forward. They are tenacious and persistent in the face of adversity. A CEO possesses a combination of vision, passion, decisiveness, adaptability, authenticity, empathy, and resilience. These traits enable them to lead their team to success and create a positive impact on the world. Spotlighting these charismas and their odyssey of excellence, the latest edition of CIOLook, “The 10 Most Inspiring CEOs Making a Difference in 2023,” features the CEOs who are making a positive difference in their respective industries in 2023. These CEOs are not only successful in their businesses but also lead with purpose and have a significant impact on their communities and the world. Flip through the pages and indulge in this saga of brilliance. Have a delightful read! The Personalities of Enriching Wisdom AbhishekJoshi A
  • 6. Proficiency in Developing Psychological Horror Games Piotr Babieno Founder and Chairman Bloober Team 08 Page No.
  • 7. Articles Profiles 24 16 Comprehensive Aspects Industry Insights Understanding the Innova ve Approaches of Inspiring Leaders Why Transforma ve Leadership Approach is Essen al in the Digital Era? Page No. Page No. o n t e n t Dr. Walid El Abed 20 Page No.
  • 8. CONTENT Deputy Editor Abhishek Joshi Managing Editor Muskan Kapoor DESIGN Visualizer Art & Design Director Ankita Pandharpure Associate Designer Revati Badkas SALES Senior Sales Manager Sihanee M., Rouniyar A. Customer Success Manager Saurabh M. Sales Executives R. Gold, S. Kudsinge, A. Patil TECHNICAL Technical Head Prachi Mokashi Technical Consultant Victor Collins AUGUST, 2023 Copyright © 2023 CIOLOOK, All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from CIOLOOK. Reprint rights remain solely with CIOLOOK. FOLLOW US ON www.facebook.com/ciolook www.twitter.com/ciolook WE ARE ALSO AVAILABLE ON Email info@ciolook.com For Subscription www.ciolook.com CONTACT US ON Pooja M Bansal Editor-in-Chief sales@ciolook.com SME-SMO Research Analyst Eric Smith SEO Executive Sagar Lahigade
  • 9. Brief Company Name Lars Jorgensen President and CEO As CEO of Novo Nordisk, Lars Jorgensen works with talented colleagues to drive change to defeat diabetes and other serious chronic diseases such as obesity and rare blood and endocrine disorders. Ken Hopkins President and CEO As President and CEO of Neapco, Ken is responsible for guiding a dedicated and talented executive staff, supported by experienced management teams and a committed workforce with operations throughout North America, Europe and Asia. Neapco Holdings neapco.com Novo Nordisk novonordisk.com Dr. Walid el Abed is a French linguist and computer scientist. He is the creator of the Data Excellence Science and a worldwide renowned expert and visionary in the domain of (VALUE, GOVERNANCE, AI and DATA). Global Data Excellence globaldataexcellence.com With over 40 years in the entertainment industry, Lionel Lodge has been involved with a diverse spectrum of the industry. SyncLodge synclodge.com Markus Ulrich founded Geniusthingks, the conglomerate, encompassing a wide range of ideas and patents. Genius Printer geniusthingks.com Featured Person Dr. Walid el Abed CEO and Founder Lionel Lodge Founder and CEO Markus Ulrich CEO Piotr Babien Founder and Chairman Under Piotr's leadership, Bloober Team has captivated players worldwide with its unique approach to storytelling and atmospheric setpieces. Peter August CEO Distinguished precious metals expert Peter August is the CEO of Melbourne Mint and the Managing Director of Australian Bullion Company (Australia’s oldest privately-owned bullion company). Melbourne Mint melbournemint.com.au Bloober Team blooberteam.com Matthew Telesca opened MGN Logistics as a traditional truckload brokerage and attracted more customers with a broader supply chain need. MGN Logistics mgnlogistics.com Sbusiso Kumalo is a result oriented self-starter with a passion for entrepreneurship, innovation and technology. African Bank africanbank.co.za Sean has transformed the company into the leader in lifecycle managed services in the enterprise mobility, point of sale and payment processing industries. TRG trgsolutions.com Matthew Telesca Founder and CEO Sbusiso Kumalo CEO and Founder Sean Kennedy CEO
  • 11. Proficiency in Developing Psychological Horror Games We like to encourage players to think about their choices and analyze their next steps. We use horror to convey as much emotion as possible because horror is a highly immersive genre. This leads to a kind of catharsis.
  • 12. T he gaming industry has witnessed remarkable growth and transformation over the past decade. With advancements in technology and increasing demand from a vast and diverse audience, game developers have been pushed to explore new genres and create immersive experiences. Within this landscape, Bloober Team, a renowned game development studio, has emerged as a trailblazer in the realm of psychological horror games. Led by its visionary Founder and Chairman, Piotr Babieno, the company has captivated players worldwide with its unique approach to storytelling and atmospheric set- pieces. Within the gaming industry, the horror genre has always been an enticing yet challenging space to navigate. Bloober Team's expertise lies in developing horror games with mature storylines, pushing the boundaries of psychological terror. Their games offer players an intense, immersive experience that blends haunting narratives, atmospheric environments and thought-provoking themes. By delving deep into the human psyche and exploring intricate character development, Bloober Team has carved out a distinctive space in the gaming sector. Bloober Team, a Poland-based game development studio, was established by Piotr. Inspired by his lifelong passion for gaming, Piotr embarked on a journey to create his own games, aiming to contribute to an industry that was rapidly emerging in Poland. Assembling a team of talented individuals who shared his vision, Piotr set the stage for what would become an influential force in the gaming world. Let’s discuss the transformation of the Bloober Team with evolving gaming industry! The Visionary Founder and Chairman Piotr has always been deeply connected to the world of games. While initially pursuing a career in marketing The 10 Most Inspiring CEOs Making a Difference in 2023
  • 13. research and journalism, Piotr's unwavering love for gaming led him to chase his dream. Emphasizing this, Piotr says, “At the initial stage of my career, I was doing something completely different, for e.g., worked in marketing research or as a journalist. But I’ve always been a big fan of games, and I was up to date with the industry that was just emerging in Poland.” With the necessary resources at hand, he made the crucial decision to create his own game, marking the beginning of his extraordinary journey with the Bloober Team. Talking about his journey and stepping into the gaming industry, Piotr states, “From my first console game, I wanted to create my own game, so you could say it's always been my big dream. When I gathered enough funds, I decided that this is the time. Together with some great people, we decided that we wanted to create a game, and that's how our adventure with Bloober Team began.” Bloober Team has carved out a prominent place in the gaming industry through its innovative approach to psychological horror games. With their distinct storytelling, immersive experiences and commitment to creative freedom, Bloober Team continues to push boundaries, leaving an indelible mark on the gaming world. As they embark on their ambitious Bloober 3.0 strategy, the company is poised to solidify its position as a leader in the horror genre and shape the future of interactive entertainment. Unearthing Unique Concepts: Psychological Horror and Atmospheric Set-Pieces It's been a long journey for the Bloober Team, not without its fair share of challenges. Initially unsure of their strengths as game developers, the team took a step back after an early game received negative reception. Piotr shares, “In the beginning, we didn't really know how to make games, and we didn't know what we were good at.” He adds, “When our Basement Crawl was considered the worst game on PS4, we had to take a few steps back and think about which direction we should go.” Through careful analysis and introspection, they discovered their unique talent for psychological horror and storytelling through environmental immersion. This realization paved the way for their distinctive approach, characterized by mature storylines, intricate character development and meticulously crafted atmospheric set pieces. Balancing Innovation and Creativity as a Game Development Studio Piotr faces the significant challenge is choosing the right path and sticking to it. Many companies failed because they easily changed their approach and strategies in order to be up-to-date. In an industry known for its rapid changes and evolving trends, Bloober Team stands firm in its strategic direction. By staying true to its artistic vision while considering the commercial aspect, the company has found a delicate balance that allows for creative freedom while also ensuring commercial success. Piotr’s remark on employee culture at Bloober Team, “When it comes to maintaining creativity and innovation in the team, they try to give our employees the freedom to create and not limit them. Of course, it's not like they suddenly can do everything, but we listen to all ideas, whether they come from a director or a junior. Thanks to this, we have a wide cross-section of ideas, and at the same time, the whole team has a real impact on the games.” Creating Games that Exceed Expectations: The Role of a Talented Team Piotr proudly shares, “I work with a team of absolutely best people, including enthusiasts and experts at the same time. I always say that the right people in the right place are key to success.” Piotr emphasizes the importance of having the right people in the right positions, a key factor in the team's Piotr Babieno, the founder and chairman of Bloober Team, has always been deeply connected to the world of games.
  • 14. ability to consistently deliver high-quality games. By studying the market and understanding player expectations, the team creates games that resonate with their target audience. By fostering a collaborative environment and encouraging all team members to contribute ideas, Bloober Team ensures that every voice is heard and that its games consistently meet and exceed expectations. Differentiating Factors: Standing Out in the Horror Genre Bloober Team's horror games possess a unique quality that sets them apart from other titles in the genre. By tackling significant and thought-provoking themes, the company aims to initiate meaningful discussions among players. The immersive nature of horror games allows Bloober Team to convey intense emotions and create a cathartic experience for players, making their titles memorable and impactful. Piotr expresses, “Our games are a field for discussion. We want to raise important, significant topics which cause discussion. We like to encourage players to think about their choices and analyze their next steps. We use horror to convey as much emotion as possible because horror is a highly immersive genre.” Achieving a Balance between Artistic Vision and Commercial Success Bloober Team is evolving with the rapidly changing world. The team at Bloober Team places great importance on maintaining their artistic vision while considering commercial success. With a focus on storytelling, the company seeks to create games that captivate players and stand on their own merits. Piotr says, “First of all, we focus on our artistic vision and ideas because we believe that a good game will defend itself.” Being a large listed company, they also understand the need to adapt to market trends and financial realities. As the company transitions into Bloober 3.0, they are dedicated to incorporating gameplay elements and broadening its audience by appealing to action-loving horror gamers by encouraging modern gamers, including those who like action-packed horror games. This, in Piotr’s opinion, is this balance of artistic vision and commercial success. Prioritizing Features and Meeting Player Expectations When developing a game, Bloober Team takes a meticulous approach to prioritize features and ensure they align with player expectations. The decision- making process involves multiple individuals to increase objectivity and draws upon market research and analysis. By examining successful elements from other games while considering their own strengths and vision, Bloober Team strives to create a well-rounded experience that resonates with its target audience. Piotr says, “We try to look at the market, other games and their reception, and we analyze what works, what doesn't work, what has the best chance of success and at the same time best suits us and our game.” Words of Wisdom for Aspiring Game Developers Piotr Babieno shares valuable advice for aspiring game developers looking to make their mark in the industry. He says, “Above all, be persistent and believe in yourself.” He emphasizes the importance of persistence, self- belief and having a clear vision for both their game and their company. There will certainly be moments of doubt, and the most important thing is not to give up. It is also important to have a specific idea for your game and your company; We combine our knowledge and tools with other experts to create interesting things together.
  • 15. with a clearly defined strategy, it is much easier to achieve a specific goal. With a well-defined strategy and unwavering dedication, aspiring developers can overcome challenges and achieve their goals. A Long-Term Vision for Bloober Team Bloober Team envisions itself as a company that will endure for decades rather than being confined to short- term goals. With its Bloober 3.0 strategy, the company aims to solidify its position as a leader in the horror genre by 2027. The strategy focuses on combining psychological horror with action elements, expanding through partnerships and fostering creative freedom within the team. By setting ambitious yet achievable goals, Bloober Team is determined to shape the future of the gaming industry. The Evolving Landscape of the Gaming Industry Looking ahead to the next 5-10 years, Piotr anticipates further advancements and evolution within the gaming industry. He says, “5 or 10 years is a lot for this industry because it is changing so rapidly.” He adds, “We can see what progress game developers are making, even from year to year. This is extremely inspiring.” According to Piotr, games are expected to become even more immersive, and developers will explore new avenues beyond traditional gaming experiences. Bloober Team's own strategy for 2023-2027 aligns with this vision as they seek to leverage the broad possibilities offered by the horror genre. Ensuring Work-Life Balance: The Key to Employee Satisfaction Bloober Team recognizes the importance of maintaining a healthy work-life balance for its employees. Acknowledging that people are the heart of the company, they prioritize the needs of their team members. Piotr expresses, “We believe that focusing on employees and their needs is the key to the success of the entire company.
  • 16. We make every effort to eliminate popularity in our industry crunch. We want work to be a pleasure, not a chore, which is why we focus on freedom. Talents need room to bloom.” With employees all over the world, and Bloober Team accept all possible forms of cooperation, from completely stationary to completely remote. Once a year, it organizes an integration trip so that the whole team can meet each other. And of course, on many other occasions when the opportunity strikes, the team is open to meeting in a smaller or larger group. Piotr says, “I believe that such a lot of freedom allows you to maintain a work-life balance. People need three things- purpose, tools and trust. We are trying to give them all of this. Plus, our past mistakes have taught us how to get better at avoiding them. But the most important thing is the spirit of the company, and I think that at Bloober, it is our USP. There is no other organization like ours.” The company strives to eliminate "crunch" periods, offering flexibility in work arrangements and providing ample opportunities for team members to connect and build relationships. By fostering a supportive and inclusive environment, Bloober Team ensures that its employees can maintain a healthy balance between work and personal life. Exciting Projects on the Horizon Bloober Team has several exciting projects in the pipeline. They are currently working on SILENT HILL 2 in collaboration with Konami and developing their own IP, Project C, in partnership with Private Division (Take- Two Interactive). Additionally, the company is actively seeking industry collaborations to diversify its portfolio and explore new creative horizons. Piotr says, “We combine our knowledge and tools with other experts to create interesting things together.” Bloober Team's commitment to forging unique partnerships has led to collaborations with studios such as Anshar Studios, Draw Distance and Rouge Games, as well as a venture beyond gaming with Platige Image to create a series based on The Medium. 5 or 10 years is a lot for this industry because it is changing so rapidly.
  • 17. 1 Year 12 Issues $250 6 Months 6 Issues $130 3 Months 3 Issues $70 1 Month 1 Issue $25 CHOOSE OUR SUBSCRIPTION Stay in the known. Subscribe to CIOLOOK Get CIOLOOK Magazine in print, and digital on www.ciolook.com Subscribe Subscribe Today Today
  • 18. Understanding the Innovative Approaches of Inspiring Leaders In today's rapidly evolving business landscape, the role of a leader goes beyond traditional management practices. Inspirational leaders are at the forefront of driving organizational success through innovative approaches that inspire and motivate their teams to reach new heights. These leaders possess a unique blend of qualities, skills, and strategies that set them apart from the crowd. In this article, we delve into the fascinating world of inspirational leadership and explore the innovative approaches adopted by these remarkable individuals. The Essence of Inspirational Leadership Inspirational leadership transcends the conventional boundaries of authority and power. It is characterized by a visionary mindset, an unwavering commitment to a larger purpose, and the ability to influence and inspire others. Inspirational leaders connect on a personal level, instilling a sense of purpose and passion in their teams. They foster an environment of trust, open communication, and collaboration, paving the way for innovative thinking and problem-solving. Visionary Thinking and Future-Casting Inspirational leaders are visionaries who possess a clear and compelling vision for the future. They effectively communicate this vision to their teams, igniting a shared sense of purpose and direction. These leaders encourage their teams to think beyond the present and envision what lies ahead, fostering a culture of forward- thinking innovation. By aligning everyone towards a common goal, they create an atmosphere where unconventional ideas are not only welcomed but actively sought after. Empowering and Autonomous Culture One hallmark of inspirational leadership is the emphasis on empowering employees and granting them autonomy. These leaders recognize that innovation thrives when individuals are given the freedom to explore their ideas and take ownership of their work. By trusting their team members and providing them with the resources they need, inspirational leaders cultivate a culture where creativity and innovation flourish. August 3 202 ciolook.com www. 16
  • 20. Adaptive and Agile Mindset The pace of change in today's world requires leaders to be adaptable and agile. Inspirational leaders are open to new ideas and are willing to pivot when necessary. They create an environment that encourages experimentation, risk- taking, and learning from failures. This adaptability enables their teams to respond effectively to unexpected challenges and seize opportunities that arise. Emotional Intelligence and Empathetic Leadership Inspirational leaders possess a high degree of emotional intelligence, allowing them to understand and connect with the emotions of their team members. They genuinely care about the well-being of their employees and create a supportive and inclusive work environment. This empathetic approach not only enhances team morale but also fuels innovation by fostering a sense of psychological safety where individuals are more willing to express their ideas. Continuous Learning and Personal Growth Leaders who inspire innovation are committed to their own continuous learning and personal growth. They lead by example, demonstrating a willingness to learn from various sources, adapt to new technologies, and embrace emerging trends. This commitment to self-improvement sets a positive precedent for their teams and encourages a culture of lifelong learning and innovation. Cultivation of Diverse Perspectives Innovation thrives in an environment that embraces diversity and inclusivity. Inspirational leaders actively seek out and value diverse perspectives, recognizing that fresh viewpoints lead to unconventional solutions. By championing diversity, these leaders create a culture where varied backgrounds and experiences enrich the creative process, resulting in groundbreaking ideas that propel the organization forward. Servant Leadership and Empowerment An innovative approach often begins with a leader who serves rather than commands. Inspirational leaders embody the concept of servant leadership, where their primary focus is on empowering their team members to succeed. By acting as facilitators and enablers, these leaders create a sense of ownership and accountability within the team. This empowerment-driven leadership style fosters a culture of innovation, where individuals are encouraged to explore their potential and contribute ideas fearlessly. Design Thinking and User-Centric Innovation Inspirational leaders often embrace design thinking, a methodology that places the end user at the center of the innovation process. They encourage their teams to empathize with customers, understand their needs, and design solutions that address real-world challenges. This user-centric approach not only drives innovation but also cultivates a deep connection between the organization and its customers, fueling sustained growth. Collaborative Ecosystems and Cross-functional Teams To spur innovation, inspirational leaders create collaborative ecosystems that transcend departmental boundaries. They assemble cross-functional teams that bring together individuals with diverse skills and expertise. By facilitating open communication and knowledge sharing, these leaders break down silos and create an environment where multidisciplinary collaboration thrives, leading to breakthrough innovations that would not have been possible within isolated functional units. Environmental Consciousness and Sustainable Leadership Inspirational leaders are increasingly recognizing the importance of sustainable leadership in driving innovation. They champion environmentally conscious practices and integrate sustainable principles into their organizational strategies. By doing so, these leaders inspire their teams to think creatively about minimizing environmental impact and developing innovative solutions that align with social and ecological values. August 3 202 ciolook.com www. 18
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  • 22. “Some companies embody this mindset, and their commitment to innovation can be seen in the way they operate, regardless of their size.” Dr. Walid El Abed CEO and Founder Global Data Excellence August 2023 www.ciolook.com 20
  • 23. Dr. Walid El Abed Dr. Walid El Abed Dr. Walid El Abed he integration of Artificial Intelligence (AI) into Tgovernance is a rapidly evolving landscape that has become increasingly important in recent years. AI has the potential to transform the way organizations operate, and it is essential to establish governance frameworks that ensure the ethical and responsible use of AI. The integration of AI into governance requires a comprehensive understanding of the technology and its implications, as well as the development of new policies and regulations to govern its use. Dr. Walid El Abed has emerged as a distinguished figure in this particular arena, bringing together his expertise in linguistics and computer science to make a significant impact. As the CEO and Founder of Global Data Excellence, Dr. Walid's three decades of experience across diverse industries have solidified his position as a visionary in the realms of value, governance, AI and data. His tireless efforts and ground-breaking contributions in the domains of value, governance, AI and data are transforming the way businesses operate. His visionary leadership and commitment to driving innovation are transforming the way organizations approach governance and unlocking the full potential of AI. We at CIOLook interviewed Dr. Walid on his vision for Human and AI collaboration. Let’s dive into the insights of the interview! Can you tell us about your background and how your linguistics and computer science expertise has informed your work in the domain of VALUE, GOVERNANCE, AI, and DATA? As organizations strive to improve their governance practices and integrate AI into their operations, I offer the following advice. It is essential to focus on the aspects, such as finance and personal data, and evolve beyond outdated methods of classic governance, embracing AI to anticipate and adapt to the ever- changing landscape. To become data-driven, organizations must adopt linguistic and semantic AI. The dynamic AI market and ever-changing data offer a historic chance to break free from outdated predictions and learn from past mistakes for a successful future. AI to anticipate and adapt to the dynamic nature of the market. By learning from history and avoiding its pitfalls, organizations can become more innovative and ensure a sustainable future for all. Some companies embody this mindset, and their commitment to innovation can be seen in the way they operate, regardless of their size. However, all companies and organizations must avoid falling into the same traps. Even industry giants like IBM and Microsoft, who provide advice to others, face challenges that require transparency and honesty. By prioritizing these values, we can protect the planet and uphold human rights. What inspired you to create Data Excellence Science, and how has it evolved over the years? During my studies, I wanted to create a system (the NIXUS) that could communicate. I realized that this involves law, rules, data, value, organization, and a lot of sciences. However, each science is separated; there are silos of science. So, I created Data Excellence Science to combine everything into one science. It's a whole new science with its own framework and methods for dealing with value in the digital world. Otherwise, each science (data science, compliance, business management and data management) apart doesn't represent the whole picture. Data Excellence Science is August 2023 www.ciolook.com 21
  • 24. the missing link between them all, in other words, the heart of linking knowledge to usage with wisdom in order to create value by taking into account each individual's context. A new world needs new methods and dynamic and perpetual science. It cannot be treated in the same way as in the industrial age. Can you describe how the AI platform you developed at Global Data Excellence works and how it supports corporate governance? DEMS-NIXUS is a comprehensive and multilingual web- based solution that helps modern organizations establish a unified governance environment capable of aligning and overseeing all business units. It is a vital component of any IT environment, providing a comprehensive solution for automated data integration, cleansing, business intelligence, governance and sharing. The offering incorporates semantic and linguistic Artificial Intelligence (AI) to convert human language business rules into machine code. This AI seamlessly integrates with existing infrastructures and databases, ensuring data ownership and leaving data untouched at its source. DEMS-NIXUS is a multilingual system for querying databases using natural language, integrating linguistics and AI technologies like ChatGPT and Wolfram ALPHA. It also supports over 1000 file formats, connects to public or private data sources, and interfaces with social networks. DEMS-NIXUS provides a customized management and governance framework that empowers shareholders, employees and partners, establishing accountability and responsibility throughout the organizational structure. It precisely links data assets to value flows, enabling prescriptive governance and sustainable business strategies. The uniqueness of DEMS-NIXUS lies in its Dynamic and Prescriptive Governance Model. This top-down management approach systematically evaluates the enterprise's data assets and proactively controls current and future business transactions and objectives. What are some of the challenges you have faced in developing and implementing your platform, and how have you overcome them? The solution is made for the digital world, whereas there is a gap in the speed of value creation in companies. Changes are too rapid compared to conventional systems. The challenges I've encountered are that people need to understand that we're moving towards a world that demands this when they're focused on current problems. To overcome this, I adjusted to respond to the near and far, with pilots in different areas and a progressive framework to suit each company's maturity. The problem was that companies weren't mature enough to understand the distance because they were focused on the present. As a result, I created the Maturity model to measure where companies are in their Data Excellence Day and how to focus on the near and far. I linked each activity to value with the Key Value Indicator (KVI) to obtain immediate results. How do you ensure that your platform complies with legal and ethical standards for data privacy and security? We ensure that our platform complies with legal and ethical standards for data privacy and security as data is kept at the source. We require no data integration, which guarantees ownership and privacy. Moreover, we work closely with the University of Law of Fribourg for the GDPR, ECCMA for ISO 8000 data quality standard, European Commission, institutions and academies to make the system dynamic and to be able to learn any type of standards or framework instantly. What role do you see AI playing in the future of corporate governance, and how do you see your platform evolving to meet these changes? Our challenges are twofold: first, we aim to govern AI itself, and secondly, we face the issue of unreliable data quality in current systems. We cannot rely on existing procedures or systems to withstand the influx of standard rules and the openness of the world. In the future, AI will not replace humans but rather collaborate with them. However, there are employment and ethical concerns surrounding AI that must be addressed before it can be used for governance. Our governance framework, the Data Excellence Framework, applies to both the NIXUS system itself and its users. It ensures transparency and traceability, also governing the implementation of AI. August 2023 www.ciolook.com 22
  • 25. For instance, with chatGPT, we cannot guarantee the accuracy of the information provided. To address this, we decrypt answers using DeCRIPT, regardless of their source, whether AI, internal databases, the web, or other documents. This enables us to link semantics with meaning and align with people's objectives, allowing us to control the progressive implementation and utilization of AI, preventing chaos. Our AI governs its usage, enabling knowledge distillation based on rules and contexts, ensuring the power of AI is harnessed without compromising value, fairness, or integrity. Can you give an example of a successful implementation of your platform and how it has helped an organization improve its governance practices? Here are some business cases: Ÿ In 8 days, one of the largest oil and gas companies was able to save €1 billion and reduce costs by 50% while anticipating exposure risks. Ÿ A bank cleaned up 500 billion euros in 7 days. Ÿ A multinational company that manufactures building materials detected illegal transactions for a total value of €127 million. Ÿ A Swiss insurance company saved 21 million by complying with 40 FINMA’s regulatory and compliance rules. How do you stay up-to-date on industry trends and developments to ensure that your platform remains cutting-edge? Our company keeps pace with changing times and trends by collaborating with a complete ecosystem that includes customers, partners, institutions, academies, European Commission, ECCMA, INTERREG and INNOSUISSE consortiums. We constantly work on R&D. We also work on different special projects. Can you describe a time when you had to communicate a complex technical concept to a non- technical audience? How did you handle the situation? Our mission is to simplify things, so we use semantics and linguistics intelligence. People at all levels of the organization can use our platform without technical skills, as we use natural language. What advice do you have for organizations looking to improve their governance practices and incorporate AI into their operations? It's crucial to move away from traditional methods of governance and instead leverage AI to anticipate future challenges. I have established a dedicated lab for each domain and actively implement what I advocate. Embrace a data-driven approach and adopt linguistic and semantic AI. The AI market is rapidly advancing, and data is constantly evolving. This presents an unprecedented opportunity to avoid disruptions by not relying solely on historical predictions. Optimism lies in breaking free from historical patterns. Some companies exemplify this approach, evident through the commitment of our customers, who span across various sizes and embrace innovation. It is incumbent upon all organizations to avoid falling into the same pitfalls. Even industry leaders like IBM and Microsoft, who advise others, face challenges themselves. Transparency, honesty and a commitment to preserving the planet and human rights are paramount. August 2023 www.ciolook.com 23
  • 26. n an age defined by rapid technological advancements and unprecedented digital Itransformation, leadership paradigms have had to evolve to keep pace with the changing landscape. Traditional leadership models, while effective in their time, are no longer sufficient to navigate the complexities of the digital era. Enter transformative leadership, a dynamic approach that embraces change fosters innovation, and harnesses the potential of the digital realm to drive organizational success. This article explores why the transformative leadership approach is essential in the digital era and how it empowers organizations to thrive in this ever-evolving environment. Adapting to Rapid Change: The digital era is characterized by constant and rapid change, with technology driving innovation and disruption across industries. Transformative leaders are adept at not only embracing change themselves but also instilling a culture of adaptability within their teams. They encourage continuous learning, experimentation, and risk-taking, enabling organizations to stay ahead of the curve in a rapidly evolving digital landscape. Fostering Innovation and Creativity: Digital transformation often goes hand in hand with innovation. Transformative leaders create an environment where employees are encouraged to think creatively, challenge the status quo, and develop innovative solutions. By fostering a culture of innovation, these leaders drive the development of new technologies, products, and services that can lead to competitive advantages in the digital marketplace. Embracing Technological Advancements: Transformative leaders possess a deep understanding of emerging technologies and their potential impact on the organization. They actively seek out opportunities to leverage digital tools and platforms to streamline processes, enhance customer experiences, and drive operational efficiency. Their technological acumen allows them to make informed decisions that lead to sustainable growth and improved business outcomes. August 2023 www.ciolook.com 24
  • 28. Navigating Complexities and Uncertainties: Digital transformation often introduces complexities and uncertainties that can be daunting for traditional leadership approaches. Transformative leaders excel in navigating ambiguity and guiding their teams through uncertain terrain. They maintain a clear vision, communicate effectively, and inspire confidence, enabling their organizations to successfully navigate digital disruptions and seize new opportunities. Developing Agile and Resilient Teams: The digital era demands agile and resilient teams that can pivot quickly in response to changing market dynamics. Transformative leaders empower their teams to be adaptable, agile, and self-directed. They prioritize skill development, encourage cross-functional collaboration, and provide the support needed for teams to thrive in a fast- paced digital environment. Cultivating Digital Mindsets: A transformative leadership approach helps cultivate digital mindsets within organizations. These leaders champion a forward-thinking mindset that encourages employees to embrace digital tools, data-driven decision-making, and a customer-centric approach. By embedding these mindsets into the organizational culture, transformative leaders enable sustainable digital transformation and long-term success. Nurturing Ethical and Inclusive Practices: The digital era presents ethical and inclusivity challenges that require thoughtful leadership. Transformative leaders are committed to ethical decision-making and inclusivity, ensuring that technological advancements are harnessed responsibly and equitably. They prioritize ethical considerations, data privacy, and social responsibility, thereby building trust and credibility in the digital age. Promoting Continuous Learning and Skill Development: In the digital era, skills become obsolete at an unprecedented rate due to rapid technological advancements. Transformative leaders emphasize continuous learning and skill development, both for themselves and their teams. They invest in training programs, mentorship, and upskilling initiatives, ensuring that employees remain equipped with the knowledge and competencies needed to excel in a technology-driven environment. Enhancing Customer-Centricity: Digital transformation has reshaped customer expectations and interactions. Transformative leaders understand the significance of customer-centricity in the digital age and prioritize creating exceptional customer experiences. They leverage data analytics and insights to gain a deep understanding of customer behaviors and preferences, enabling them to tailor products and services to meet evolving demands. Driving Data-Driven Decision-Making: Data is a powerful asset in the digital era, and transformative leaders harness its potential to make informed decisions. They promote a data-driven culture, encouraging employees to rely on data and insights when making strategic choices. By leveraging data analytics, transformative leaders optimize processes, identify growth opportunities, and mitigate risks, leading to more effective and efficient decision-making. Cultivating a Global Mindset: Digital technologies have dismantled geographical barriers, enabling organizations to operate on a global scale. Transformative leaders embrace a global mindset, recognizing the importance of diverse perspectives and cultural understanding. They build multicultural teams, foster collaboration across borders, and develop strategies that resonate with a diverse customer base, ultimately driving international growth. In a digital era characterized by rapid change, technological innovation, and global connectivity, the transformative leadership approach stands as a beacon of guidance and resilience. Transformative leaders empower their organizations to adapt, innovate, and lead with purpose in the face of unprecedented challenges and opportunities. By championing continuous learning, data-driven decision- making, customer-centricity, and ethical practices, these leaders lay the foundation for enduring success in the dynamic and transformative landscape of the digital era. April 2023 | 26 | www.ciolook.com August 2023 www.ciolook.com 26
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