Fortune 100 | episode 552

How Strategy Drives Innovation at Wells Fargo and The Washington Post

Shailesh Prakash is the Chief Information Officer and Chief Product Officer of The Washington Post. On the CIO side of his role, Shailesh leads the company’s technology teams, and on the product engineering side of his role, he is focused on digital innovation and the company’s subscription platform. Prior to joining the Post, Shailesh was the Vice President of Engineering at Sears Holding Corporation. Chintan Mehta is the Executive Vice President, CIO and Head of Digital, Technology, and Innovation at Wells Fargo, a Fortune 100 bank with revenues exceeding $100 billion annually. Prior to joining Wells Fargo, Chintan was the Group Vice President and Chief Technology Officer at Walgreens. April 22, 2021

552: Shailesh Prakash, the CIO and Chief Product Officer of the Washington Post, and Chintan Mehta, the CIO and Head of Digital, Technology, and Innovation for Wells Fargo, discuss strategy and its role in driving growth and innovation. Shailesh discusses how IT and engineering went from being a cost center to being a strategic differentiator and driver of business growth. He goes on to share the story of Arc Publishing and Zeus Technologies, which grew from internal solutions into sizable revenue drivers with over 200 customers. Meanwhile, Chintan shares his view on the importance of long-term strategic planning and how the company’s Strategy, Digital Platform & Innovation (SDI) group set strategy across the organization.

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This episode is sponsored by Apptio.

The World Class IT principles in yellow were the focus of this interview

  • 01 1- People
  • 02 2- Infrastructure
  • 03 3- Project and Portfolio Management
  • 04 4- IT & Business Partnership
  • 05 5- External Partnerships

From strategy to implementation

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