Revolutionizing Legacy: How Stanley Black & Decker is Winning with AI with Matt Griffiths
In this episode of the AI CEO podcast, host Seema Alexander sits down with Matt Griffiths, VP of AI and Data at Stanley Black & Decker, to explore the current and future impact of AI on enterprise.
Matt shares his journey from working with data on shop floors to leading the AI initiatives at Stanley Black & Decker and provides valuable insights into the transformative power of AI.
They discuss the use of generative AI, responsible AI governance, and the importance of data in driving innovation.
Key themes include the integration of structured and unstructured data, the potential of AI agents, the necessity of human oversight, and the future of work in an AI-driven world.
If you are seeking a playbook to help you accelerate adoption of AI in your company, this interiew showcases how ahead of the game Stanley Black & Decker is due to the leadership of Matt Griffiths and his executive peers compared to many in their industry and enterprises in general. Listen in to find out how they did it and what's next.
This episode is essential listening for leaders looking to stay ahead in the rapidly evolving landscape of AI.👉 In this episode
(00:00) Introduction to AI in Business
(01:02) Guest Introduction: Matt Griffiths
(02:59) Traditional AI Use Cases
(05:34) The Evolution of Data Utilization
(06:02) Generative AI and Unstructured Data
(08:03) Data Lakes and Real-Time Insights
(09:48) Generative AI in Decision Making
(12:17) Personalization and Predictive Maintenance
(14:12) Stanley Black & Decker's Brand Portfolio
(16:29) Adopting Generative AI: Challenges and Strategies
(19:37) Educating Executives on Generative AI
(23:49) Everyday AI vs. Game-Changing AI
(26:33) Internal Adoption and Training
(29:38) Role-Playing with Generative AI
(32:12) The Future of Business and AI
(32:54) Decentralization in Data and AI
(33:46) Empowering Everyday Use Cases
(36:45) AI Agents and Their Potential
(39:16) Human in the Loop: Ensuring Trust
(49:18) Responsible AI: Policies and Practices
(55:27) The Future of Work with AI
(01:01:01) Opportunities and Challenges for Businesses
Reach out to Seema Alexander
Website: www.Virgent.AI
Linkedin: https://www.linkedin.com/in/seemaalexander/
🌎Reach out to Matt Griffiths
LinkedIN https://www.linkedin.com/in/mattrgriffiths
Twitter https://x.com/mattrgriffiths
https://www.stanleyblackanddecker.com/
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