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#29 – Leading Transformation in Regulated Industries with Jig Patel

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Manage episode 497447647 series 3582849
Content provided by Andy Hilliard - Accelerance. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andy Hilliard - Accelerance or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Jig Patel is a global technology and business operations executive with over 25 years of experience leading digital transformation across Fortune 500 companies. Known for bridging the gap between technical complexity and strategic clarity, Jig has spearheaded multibillion-dollar modernization efforts in highly regulated industries—including financial services, utilities, and healthcare. His leadership has delivered measurable outcomes like a 7-point NPS lift, $50M+ in recurring revenue, and AI adoption at enterprise scale. A former scientist turned transformation architect, Jig brings a unique mix of curiosity, operational rigor, and servant leadership to every challenge. Whether he’s launching an HSA bank or integrating global teams post-merger, Jig’s approach centers on cross-functional alignment, empowered teams, and driving customer value—faster.

Episode Description:

What happens when a scientist-turned-technologist builds global teams, transforms regulated industries, and quietly reshapes how we think about innovation? In this episode of Software Without Borders, Andy Hilliard and Olivier Poulard sit down with Jig Patel, a seasoned technology and business operations executive, to explore how curiosity, connection, and clear communication drive transformation at scale. From deploying AI-enabled drones to building enterprise-wide digital cultures, Jig shares his playbook for leading with purpose in industries where tradition often outweighs change.

Key Takeaways:

Curiosity is a Core Leadership Trait

Jig emphasizes that asking “why” is foundational to innovation—whether in a chemistry lab or leading a global enterprise.

Business Technologists Bridge the Gap

Unlike traditional tech leaders, Jig came from the business side and built his career by translating customer needs into technology solutions—an increasingly vital skill in modern organizations.

AI Is a Tool for Enablement, Not Replacement

Jig’s experience deploying “Mo,” an AI at Morningstar, shows how AI can enhance—not replace—human capabilities, especially when developed ethically and intentionally.

Empowerment Starts with Communication

High-performing global teams require deliberate, active communication and leadership that adapts to cultural and geopolitical nuances.

Innovation Isn’t Always Tech-Driven

Small process improvements, like reducing a 50-step process to 10, count as innovation and can be just as transformative as deploying new software.

Chapter Markers:

00:00 – Behind-the-scenes banter and setup

03:53 – Guest intro: Jig Patel’s journey from science to tech leadership

06:30 – The immigrant experience and early influences

08:45 – Learning to listen: Sales, support, and the path into technology

12:00 – Building tech through a business-first lens

14:00 – Dual COO/CIO roles and why they’re on the rise

18:00 – Culture of curiosity in regulated industries

20:30 – Innovation in utilities vs. financial services

27:00 – Morningstar’s AI initiative: The story of “Mo”

31:00 – Ethical AI, planning before building, and phased deployment

36:00 – Communication and cultural alignment across global teams

43:00 – Leadership vs. management: Empowering vs. controlling

46:00 – Working with regulatory bodies without stifling innovation

51:00 – AI-enabled drones: A case study in public safety and efficiency

57:00 – Stakeholder influence and communication strategy

01:02:00 – Innovation through simplification and operational evolution

01:07:00 – Final thoughts and closing remarks

Keywords:

Jig Patel, business technologist, technology leadership, regulated industries, digital transformation, software modernization, AI in financial services, Morningstar Mo, leadership in tech, enterprise transformation, innovation strategy, stakeholder alignment, cross-functional teams, global engineering, curiosity in leadership, AI-enabled drones, utilities innovation, agile communication, software development podcast, Software Without Borders

  continue reading

32 episodes

Artwork
iconShare
 
Manage episode 497447647 series 3582849
Content provided by Andy Hilliard - Accelerance. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andy Hilliard - Accelerance or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Jig Patel is a global technology and business operations executive with over 25 years of experience leading digital transformation across Fortune 500 companies. Known for bridging the gap between technical complexity and strategic clarity, Jig has spearheaded multibillion-dollar modernization efforts in highly regulated industries—including financial services, utilities, and healthcare. His leadership has delivered measurable outcomes like a 7-point NPS lift, $50M+ in recurring revenue, and AI adoption at enterprise scale. A former scientist turned transformation architect, Jig brings a unique mix of curiosity, operational rigor, and servant leadership to every challenge. Whether he’s launching an HSA bank or integrating global teams post-merger, Jig’s approach centers on cross-functional alignment, empowered teams, and driving customer value—faster.

Episode Description:

What happens when a scientist-turned-technologist builds global teams, transforms regulated industries, and quietly reshapes how we think about innovation? In this episode of Software Without Borders, Andy Hilliard and Olivier Poulard sit down with Jig Patel, a seasoned technology and business operations executive, to explore how curiosity, connection, and clear communication drive transformation at scale. From deploying AI-enabled drones to building enterprise-wide digital cultures, Jig shares his playbook for leading with purpose in industries where tradition often outweighs change.

Key Takeaways:

Curiosity is a Core Leadership Trait

Jig emphasizes that asking “why” is foundational to innovation—whether in a chemistry lab or leading a global enterprise.

Business Technologists Bridge the Gap

Unlike traditional tech leaders, Jig came from the business side and built his career by translating customer needs into technology solutions—an increasingly vital skill in modern organizations.

AI Is a Tool for Enablement, Not Replacement

Jig’s experience deploying “Mo,” an AI at Morningstar, shows how AI can enhance—not replace—human capabilities, especially when developed ethically and intentionally.

Empowerment Starts with Communication

High-performing global teams require deliberate, active communication and leadership that adapts to cultural and geopolitical nuances.

Innovation Isn’t Always Tech-Driven

Small process improvements, like reducing a 50-step process to 10, count as innovation and can be just as transformative as deploying new software.

Chapter Markers:

00:00 – Behind-the-scenes banter and setup

03:53 – Guest intro: Jig Patel’s journey from science to tech leadership

06:30 – The immigrant experience and early influences

08:45 – Learning to listen: Sales, support, and the path into technology

12:00 – Building tech through a business-first lens

14:00 – Dual COO/CIO roles and why they’re on the rise

18:00 – Culture of curiosity in regulated industries

20:30 – Innovation in utilities vs. financial services

27:00 – Morningstar’s AI initiative: The story of “Mo”

31:00 – Ethical AI, planning before building, and phased deployment

36:00 – Communication and cultural alignment across global teams

43:00 – Leadership vs. management: Empowering vs. controlling

46:00 – Working with regulatory bodies without stifling innovation

51:00 – AI-enabled drones: A case study in public safety and efficiency

57:00 – Stakeholder influence and communication strategy

01:02:00 – Innovation through simplification and operational evolution

01:07:00 – Final thoughts and closing remarks

Keywords:

Jig Patel, business technologist, technology leadership, regulated industries, digital transformation, software modernization, AI in financial services, Morningstar Mo, leadership in tech, enterprise transformation, innovation strategy, stakeholder alignment, cross-functional teams, global engineering, curiosity in leadership, AI-enabled drones, utilities innovation, agile communication, software development podcast, Software Without Borders

  continue reading

32 episodes

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