Brave Commerce

Hosted ByRachel Tipograph & Sarah Hofstetter

MikMak Founder & CEO Rachel Tipograph and Profitero’s President Sarah Hofstetter tackle what’s relevant in eCommerce today for the world’s biggest brands. Each episode they’ll share tips worth millions in sales, while interviewing the bravest marketers on how to navigate eCommerce’s latest consumer and retailer dynamics.

BRAVE COMMERCE | Episode 101: Sanofi’s Bas van Kesteren Prescribes a Healthy Dose of eCommerce

Brave Commerce
Brave Commerce
BRAVE COMMERCE | Episode 101: Sanofi’s Bas van Kesteren Prescribes a Healthy Dose of eCommerce
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In this episode of BRAVE COMMERCE, Bas van Kesteren, Global Head of eCommerce at Sanofi, joins hosts Rachel Tipograph and Sarah Hofstetter to offer valuable insights into the complexities of leading eCommerce initiatives in a global pharmaceutical company, touching upon organizational dynamics, market trends, technological advancements, and more.

Bas talks about the complexities of leading a global team and the balance between control and influence. He explains the challenges of convincing different markets of the importance of eCommerce and the unique opportunities it presents for healthcare products. The conversation then shifts to the significance of gut health and digestive wellness, highlighting how Sanofi aims to address consumer needs in these areas through eCommerce.

Bas emphasizes the role of eCommerce beyond just sales, focusing on convenience, education, and responsiveness to consumer needs. He discusses leveraging data and consumer conversations to tailor solutions and measure success. Next, they explore the organizational structure required to capitalize on market trends, considering the global nature of Sanofi’s operations.

Bas also highlights the importance of clear direction, objectives, and measurement, downplaying the significance of traditional org charts in favor of results-oriented approaches. The discussion also touches upon the challenges of managing global teams across different time zones and the necessity of effective communication and autonomy.

Bas shares his strategies for finding overlapping work hours and empowering teams to work autonomously while maintaining alignment. The conversation then delves into Bas’s approach to influencing at a global level, focusing on establishing a common language and driving tangible results. He emphasizes the importance of action over mere communication, sharing a four-step process for implementing change effectively.

As the discussion turns to emerging technologies like AI, Bas discusses their potential applications in eCommerce, particularly in content creation and demand forecasting. He highlights the need for caution in regulated industries like healthcare while acknowledging the significant efficiency gains AI can offer.

Key Takeaways:

●Focus on solving real consumer needs, not selling products

●Utilize eCommerce as more than a sales channel

●Prioritize results over org charts


Hosted on Acast. See acast.com/privacy for more information.

See omnystudio.com/listener for privacy information.

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Speaker 1: So much of our job is communications. It’s not rocket science.

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Speaker 2: We make sure that everyone understands what we’re doing, what

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Speaker 2: good looks like, and we measure if that’s actually happening.

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Speaker 2: And the more people speak the same language, track the

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Speaker 2: same things, it’s a scalable concept. So then the actual change,

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Speaker 2: the how, right? That is the rocket science. How to

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Speaker 2: have a company which is very old, century old, change

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Speaker 2: their behaviors.

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Speaker 1: Not just a.

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Speaker 2: Marketing, sales thing, but supply, finance, data, everything has to change.

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Speaker 2: This sounds like I read it in a textbook, but

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Speaker 2: this is basically through trial and error.

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Speaker 1: I’ve kind of learned this in the last decade.

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Speaker 2: It’s kind of the four steps for me that I

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Speaker 2: first unconsciously, but now consciously applied.

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Speaker 3: Welcome to today’s episode of Brave Commerce. I’m Rachel Tippegraff,

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Speaker 3: the founder and CEO of Micmac.

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Speaker 4: I’m Sarah Hofstetter, president of Profitero.

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Speaker 3: And this is a show that talks about what’s relevant

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Speaker 3: in e-commerce for the world’s biggest brands. Welcome to Brave Commerce.

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Speaker 4: Rachel, you have been on a tear of late.

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Speaker 5: Every time I turn around, there’s another press release, whether

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Speaker 5: it’s a new innovation or it’s a new acquisition.

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Speaker 4: You guys are on fire. I can’t even keep track

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Speaker 4: of everything you guys are doing. It’s a lot.

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Speaker 6: Absolutely.

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Speaker 3: This past calendar year of 2023 was probably will go

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Speaker 3: down as the most pivotal year in.

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Speaker 5: The entire business and you’ve done it through a combination

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Speaker 5: of organic and inorganic part of it has been through

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Speaker 5: acquisition so as you have thought through the acquisitions that

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Speaker 5: you have done how do you get the acquired organization

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Speaker 5: to feel like they’re a part of it that they

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Speaker 5: understand and that they have belief in the new leadership

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Speaker 5: team or the expanded leadership team when it happens Yeah.

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Speaker 3: I mean, it’s very hard. I don’t think anyone ever

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Speaker 3: says change management is easy. And for anyone who’s ever

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Speaker 3: done M & A, the saying that the real work

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Speaker 3: starts after you close the deal is absolutely true. I

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Speaker 3: think the big thing, so we made two acquisitions last year.

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Speaker 3: One was a company based in Paris called Suaven and

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Speaker 3: the other was a global business channel advisor in which

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Speaker 3: we did a carve out from Commerce Hub. And we

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Speaker 3: picked up employees who were based in the US, the

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Speaker 3: UK and Ireland, France, and Spain. And so what I

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Speaker 3: can tell you with the year behind us is the

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Speaker 3: most important thing initially is for the collective employee base

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Speaker 3: to understand the why, like really understand the acquisition thesis

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Speaker 3: and create a space for them to ask questions because

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Speaker 3: you want to ensure that nothing is unclear from there.

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Speaker 3: I think the second thing is making it clear that

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Speaker 3: things are going to change. Like not pretending everything is

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Speaker 3: going to continue as is. And the reality is you

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Speaker 3: have distinct companies, unique cultures and cultural differences all coming together.

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Speaker 3: And you’re defining a new way forward. And then it’s

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Speaker 3: constant check it points up and down the totem pole

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Speaker 3: to make sure that people are committed to the change.

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Speaker 3: I might be too binary in some ways, but the

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Speaker 3: way that I think about it is either on the

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Speaker 3: boat or you’re off the boat. And if you’re off

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Speaker 3: the boat, that’s totally okay. But you want to get

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Speaker 3: off the boat then pretty quickly. Because there’s a bunch

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Speaker 3: of people who are on the boat who we need

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Speaker 3: rowing in the same direction. And so that’s essentially been

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Speaker 3: my journey over the last year.

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Speaker 4: Interesting.

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Speaker 5: There’s so many parallels to the stuff that you’ve been

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Speaker 5: doing and the stuff that so many of our guests

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Speaker 5: have to go through. These global leaders of e-commerce who

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Speaker 5: have to bring people along. And in some cases, it’s

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Speaker 5: kicking and screaming. In other cases, it’s with arms wide open.

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Speaker 5: But I think clarifying, here’s what we’re looking to achieve here. And,

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Speaker 5: you know, you’re on the boat, you’re off the boat,

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Speaker 5: but also giving them reasons to believe. One of the

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Speaker 5: things that Buss Van Kesteren has been so successful at

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Speaker 5: doing at Sanofi over the past couple of years is

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Speaker 5: defining what it means to be on the boat, showing

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Speaker 5: signs of success of what that means, admitting areas that

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Speaker 5: didn’t work as well, and then taking things that have

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Speaker 5: worked well and optimize the crap out of them. And

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Speaker 5: the things that, and I think that’s such a good

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Speaker 5: sign of a good leader of setting the goal, proving

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Speaker 5: it out, admitting mistakes, optimizing, making sure that the goalposts

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Speaker 5: continue to move, but to communicate as we get that through.

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Speaker 3: Absolutely. Well, on that note, let’s bring Buss onto the show.

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Speaker 5: We are honored to have Buss von Kusseren here. the

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Speaker 5: global head of e-commerce at Sanofi. Did I get all

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Speaker 5: of those pronunciations right? Because that’s a lot.

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Speaker 1: That was 99% perfect. You’re almost a Dutch questioner.

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Speaker 4: I think I said Van Kesteren, but it’s really Van Kesteren, correct?

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Speaker 1: Van Kesteren, but I can work with Van Kesteren. It’s okay.

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Speaker 4: Okay, that’s pretty good.

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Speaker 5: You know, as somebody with such a simple name like Sarah,

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Speaker 5: I don’t appreciate the complexity of all of the pronunciations.

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Speaker 4: So thank you very.

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Speaker 1: Much for that.

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Speaker 5: You would think that we’d have just for the first time,

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Speaker 5: except me and you must go back.

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Speaker 4: We go back.

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Speaker 5: This is an old school conversation just being brought to

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Speaker 5: you live. So, first of all, thank you so much

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Speaker 5: for joining us. It’s been hard to pin you down

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Speaker 5: with all of your global travels. So thanks for.

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Speaker 4: Finding the time for us.

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Speaker 1: Thanks for having me.

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Speaker 5: So I wanted to kind of just kind of get

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Speaker 5: into it. The different areas we really would love to

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Speaker 5: dive into with you are, A, the complexities of what

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Speaker 5: it means to to deal with leading a global team

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Speaker 5: and leading with a combination of control and influence. Also

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Speaker 5: want to talk a little bit about the unique elements

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Speaker 5: specifically around the healthcare and OTC kind of a world

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Speaker 5: and pharma.

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Speaker 4: There’s a lot of.

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Speaker 5: Complexity when you start kind of diving a little bit

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Speaker 5: deeper into that by country and how you can convince

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Speaker 5: each market why e-commerce is important to them. And even

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Speaker 5: if the one-to-one kind of different areas of dollar in,

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Speaker 5: dollar out may not be as easy to track, what

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Speaker 5: really goes into it?

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Speaker 1: Yeah, let’s go on.

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Speaker 5: Cool. Yep. All right.

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Speaker 4: You are cool.

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Speaker 5: Let’s first start talking about the Sudoku company in and

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Speaker 5: of itself. Because one of the big areas that we’ve

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Speaker 5: seen in the press is promoting awareness of gut health,

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Speaker 5: digestive wellness. And you guys have some brands that fit

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Speaker 5: the bill on there. That’s a hot topic, hot trend.

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Speaker 5: How do you think about that through the lens, capitalizing

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Speaker 5: on that, particularly from a commerce lens?

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Speaker 2: It’s a great question. This is one of the main

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Speaker 2: reasons I joined this company, right? So because we’re trying

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Speaker 2: to really solve consumer needs, consumer needs that I find

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Speaker 2: very important, where we’re really solving health problems. And coming

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Speaker 2: from beer and coming from dishwasher tablets, this feels like

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Speaker 2: a bigger thing. And in this world where we’re switching

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Speaker 2: things to over-the-counter medicine like gut health, but also allergy

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Speaker 2: and pain, et cetera. It feels like we can do

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Speaker 2: a lot for this category, really help people with real problems.

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Speaker 2: So to your point, this conversation about gut health is

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Speaker 2: becoming bigger and bigger and more relevant to more people.

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Speaker 2: The cool thing about e-commerce is we can be more

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Speaker 2: than just a sales channel. We can be more than

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Speaker 2: just another option for people to buy their products. We

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Speaker 2: can make this way more convenient. We can explain it

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Speaker 2: better to people. And I think one of the cool

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Speaker 2: things is also happening. We can like better react to people, right?

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Speaker 2: There’s an increased amount of conversations. We structurally measure this.

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Speaker 2: We have tools, all the tools that my colleagues at

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Speaker 2: other companies have, but we can really see the increase

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Speaker 2: in conversation, the relevant terms, and we can react to

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Speaker 2: that with proper solutions. And via conversion, we can not

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Speaker 2: just see that we’re doing well from a capitalist point

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Speaker 2: of view, but also that we’re really solving this problem

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Speaker 2: and people come back to it.

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Speaker 1: That’s what excites me. Not just gut health, but all

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Speaker 1: these categories.

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Speaker 3: So you have, it seems, market tailwinds playing in the

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Speaker 3: favor of the Sanofi portfolio. Maybe not all categories are

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Speaker 3: made equal, but there is this major market tailwind. One

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Speaker 3: of the ways that you could probably capitalize on this

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Speaker 3: tailwind is ensuring that you have the right organizational structure.

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Speaker 3: Because it also could get in the way. People can’t

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Speaker 3: figure out how to work together. And you have such

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Speaker 3: an interesting dynamic that happens at Santa Fe because the

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Speaker 3: global headquarters is in France, yet so much of the

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Speaker 3: revenue performance sits in geographies like North America and Asia.

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Speaker 3: And your team is all over the world. So how

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Speaker 3: do you design an org structure, rules of engagement, a

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Speaker 3: culture that allows people to work globally and locally to

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Speaker 3: capitalize on these market tailwinds?

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Speaker 2: So the first thing is, indeed, most money we make

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Speaker 2: is not in Europe where we are based. It’s very

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Speaker 2: much in the Americas and Asia, especially China, South Korea, Japan,

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Speaker 2: and the other side, Brazil, Mexico, US. So you were right.

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Speaker 2: So how do you organize for that? There’s multiple things there.

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Speaker 2: First of all, I think you have to turn this

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Speaker 2: org chart’s reliance, if that’s a word, right? People tend

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Speaker 2: to look at org charts to make up what they

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Speaker 2: have to do, what they have to listen to. You

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Speaker 2: have to turn it from that… into giving people clear

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Speaker 2: direction and a mission and things to measure on, where

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Speaker 2: the org charts become less important and the results become

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Speaker 2: really important. And that’s what I try to drive. So

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Speaker 2: wherever people are, whatever their roles are, I try to

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Speaker 2: make sure there’s clear direction and clear objectives that they

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Speaker 2: all meet. And we make sure we measure it. After that,

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Speaker 2: of course, we do set clear direction on a sub-level, right?

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Speaker 2: We kind of know what are the things in e-commerce

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Speaker 2: that will drive the business most, which is the most

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Speaker 2: important things to do. So we give that structure, we

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Speaker 2: measure it, we get the right tools. We work together

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Speaker 2: with the right partners. But the org charts, because of

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Speaker 2: this direction and because of this structure, become less and

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Speaker 2: less important. It’s just making sure that the right people

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Speaker 2: at the right direction sit in the right places. And

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Speaker 2: then in my case, it’s still flying around a lot.

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Speaker 1: Sorry, universe.

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Speaker 2: I’ll try to compensate for it and still try to

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Speaker 2: make sure that everyone is in that direction.

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Speaker 1: Did I answer your question there? Absolutely.

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Speaker 3: As someone who is running a multinational company, I’m curious

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Speaker 3: your perspective on time zones and overlapping work hours. I

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Speaker 3: recently was in Paris with the Micmac team and there

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Speaker 3: was only three really core working hours where it overlapped

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Speaker 3: with the North America business. And I’m just curious how

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Speaker 3: you tackle that.

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Speaker 2: So this is something, No one of us have solved.

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Speaker 2: We are almost permanently jet lagged, but you get better

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Speaker 2: at that, right? Also, you have to find these overlapping moments.

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Speaker 2: So we also have big business in Australia. So you

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Speaker 2: kind of have to kind of make sure you cover

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Speaker 2: the world all the way from Sydney and Brisbane all

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Speaker 2: the way to Sao Paulo and Mexico City. So you

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Speaker 2: find these overlapping moments, but also you just adjust and

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Speaker 2: you make sure you kind of peak in the right moments.

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Speaker 1: And again, it’s back to communications, giving clear direction.

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Speaker 2: So you make sure that people know what to do,

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Speaker 2: where to do it, even if you’re not there to

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Speaker 2: micromanage them. And I think that’s also the type of

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Speaker 2: people we hire, people that can handle this. They have

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Speaker 2: direction and that you can kind of leave them alone,

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Speaker 2: have them work autonomously. And then come into these overlapping

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Speaker 2: moments to check if it’s actually happening, right? And basically

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Speaker 2: take out the extremes. From a lifestyle perspective, it’s not

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Speaker 2: the easiest lifestyle. We do have some product that we sell,

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Speaker 2: like Unisom, to help. One, it’s something you get used to,

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Speaker 2: you get better and better at over the years, right?

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Speaker 2: But it’s never easy. You never get truly.

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Speaker 1: Used to it.

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Speaker 5: I feel like I live my life balancing Unisom and coffee.

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Speaker 4: Probably not the best combo, but you know what? It

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Speaker 4: does the trick, so.

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Speaker 5: You know, you and I have had the opportunity to

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Speaker 5: work together on a number of initiatives, specifically around influencing

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Speaker 5: at a global level, particularly, obviously, as it relates to

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Speaker 5: digital shelf and trying to create some sort of a

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Speaker 5: common language, despite all of the different cultural differences. One

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Speaker 5: of the things that word on the street is about

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Speaker 5: you from your team is how good you are at

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Speaker 5: establishing relationships.

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Speaker 4: A level of common language in terms of what is.

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Speaker 5: Within your ability to control when and where to ask

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Speaker 5: for help. Are there any tips that you can share

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Speaker 5: for others that are in a similar position to you

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Speaker 5: that have to figure out how to speak different maybe

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Speaker 5: dialects of the same language, but still create a commonality

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Speaker 5: around e-comm? And to that end, anybody who’s learning to

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Speaker 5: influence at a more global level, for things that are

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Speaker 5: evolving at a faster speed than perhaps the rest of

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Speaker 5: the organization.

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Speaker 4: How do you go about doing that?

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Speaker 2: So luckily, this is a podcast, so you can see

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Speaker 2: me blushing, right? But thank you, and I’ll try to

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Speaker 2: live up to it. So there’s two parts to this, right?

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Speaker 2: First of all, you already said it, and what we’ve

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Speaker 2: been working with you on, Sarah, this language piece, right?

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Speaker 1: So much of our job is communications. It’s not rocket science.

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Speaker 2: We make sure that everyone understands what we’re doing, what

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Speaker 2: good looks like, and we measure if that’s actually happening.

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Speaker 2: And the more people speak the same language, track the

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Speaker 2: same things, scalable concept. So then the actual change, the how, right?

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Speaker 2: That is the rocket science. How to have a company

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Speaker 2: which is very old, century old, change their behaviors. Not

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Speaker 2: just a marketing theory or sales thing, but supply, finance, data,

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Speaker 2: everything has to change. This sounds like I read it

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Speaker 2: in a textbook, but this is basically through trial and error.

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Speaker 1: I’ve kind of learned this in the last decade.

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Speaker 2: It’s kind of the four steps for me that I

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Speaker 2: first unconsciously, but now consciously applied. When I go into

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Speaker 2: a new role in a company, Step one is still,

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Speaker 2: there’s a theoretical part. I build a strategy and you know,

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Speaker 2: I work in spreadsheets. I get an idea of like,

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Speaker 2: what’s the best thing I can solve or what I

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Speaker 2: can do. So I have a clear way to go.

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Speaker 2: But then step two is the key point. I think

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Speaker 2: the one that most people get wrong and where people

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Speaker 2: have the most hard time. I actually try to force

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Speaker 2: two or three places where I actually did it.

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Speaker 1: I turn things into action.

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Speaker 2: And sometimes that may seem very red and very dominant,

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Speaker 2: but But I just know that if I don’t just

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Speaker 2: put it on PowerPoint or just talk about it, but

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Speaker 2: I can actually tell them, hey, I actually did this

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Speaker 2: thing in the US or did this thing in Mexico.

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Speaker 1: You can actually see this.

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Speaker 5: It works.

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Speaker 2: Now there’s an ROI and there’s net sales coming from it.

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Speaker 2: That makes all the other steps so much easier. Because

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Speaker 2: step three is taking that thing that worked and also

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Speaker 2: some things that didn’t work by the way, but taking

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Speaker 2: the things that worked and scaling it across. That’s where

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Speaker 2: you go into sales mode. You say, hey, This is

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Speaker 2: what I did. This is why I did it. I’ve

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Speaker 2: proven it to you. Now we have to make it

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Speaker 2: work for you. And the rest of it’s just step four,

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Speaker 2: which is kind of keeping on doing that and adding

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Speaker 2: more things, making more decisions, but always starting with actually

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Speaker 2: doing it and then going back in those steps, right?

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Speaker 1: I think that’s the clear thing. It’s not just language.

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Speaker 2: It’s actually walking the talk and really making sure in

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Speaker 2: the beginning of a new role, a new job in

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Speaker 2: a new company, you find the quickest path to actually

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Speaker 2: launching something end-to-end and actually having something in your hands,

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Speaker 2: which is tangible and works. That’s always helped me a lot.

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Speaker 2: And that’s what I sometimes miss a lot with other people,

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Speaker 2: other companies. They’re very good at the other things that

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Speaker 2: I’m not good at, but I think that’s the main

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Speaker 2: thing that’s working well for me.

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Speaker 4: I do love the four-step process.

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Speaker 5: I think it speaks to actually a lot of business

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Speaker 5: books about that, but I like how you’re putting some

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Speaker 5: more tangible stuff behind it, particularly on step two, when

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Speaker 5: you pick What are the two to three wins you’re

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Speaker 5: going to be putting on the board and then balancing

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Speaker 5: them in step three with some wins, some learning, things

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Speaker 5: like that. So obviously if it were easy, anyone would

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Speaker 5: do it. So it’s supposed to be hard. If you

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Speaker 5: make it look super easy, then somebody might not necessarily

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Speaker 5: be necessary. That all being said, as you get to

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Speaker 5: identify those wins on the board, you’ve got to come

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Speaker 5: up with, I don’t know, memory stickers, something that becomes

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Speaker 5: almost like your flagship. Is there an example that you

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Speaker 5: feel comfortable sharing with us about that?

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Speaker 2: I want to share as much as I can, right,

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Speaker 2: for the audience, but I have to be a bit

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Speaker 2: careful with certain things.

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Speaker 1: Of course.

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Speaker 2: Before I was doing these kind of jobs for these

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Speaker 2: kind of big companies, I was in consulting for a while.

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Speaker 2: So I had like the standard strategy consulting background and

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Speaker 2: I still do apply it, right? So when I start,

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Speaker 2: there’s a clear framework. There’s, in my case, eight pillars

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Speaker 2: of growth. I kind of know what the to-be looks

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Speaker 2: like per country, per brand, and I do track versus that.

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Speaker 2: That goes back to the language point. So I make

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Speaker 2: sure before I begin, before I put it into action,

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Speaker 2: people kind of know what I’m doing. It’s just that

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Speaker 2: just knowing what I’m doing and just communicating is not enough.

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Speaker 2: It’s only the moment where you’ve actually done it and

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Speaker 2: you’ve basically by yourself gotten the entire country to do

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Speaker 2: it and show that it actually works, where basically step

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Speaker 2: three and four start happening. And if you skip that

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Speaker 2: step two, it becomes a lot harder to do this

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Speaker 2: and especially scaling it across a geography with all these

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Speaker 2: time problems we were talking about.

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Speaker 3: Curious how your framework applies when new disruptive technologies enter

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Speaker 3: the overall ecosystem. And obviously the big elephant in the

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Speaker 3: room for every business is AI. Sanofi operates often in

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Speaker 3: regulated markets and geographies. And so how are you thinking

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Speaker 3: about leveraging AI internally?

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Speaker 2: So this is one of the hottest topics in this company,

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Speaker 2: just like in any other company. But indeed, to your point,

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Speaker 2: we have to be extra careful. The products we sell

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Speaker 2: You know, there’s a whole protocol and a whole thing

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Speaker 2: behind it because it basically touches consumer health rights.

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Speaker 1: We have to be very careful.

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Speaker 2: But anyway, across these eight levers, which I can disclose,

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Speaker 2: AI applies everywhere. So we can apply this to content creation,

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Speaker 2: spending our media in a proper site, demand forecasting. All

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Speaker 2: these things have a big AI angle to it. What

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Speaker 2: we’ve basically done as a company, kind of back to

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Speaker 2: my step two, we’ve identified three places. I can give

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Speaker 2: you one of them. where we’re basically just going to

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Speaker 2: do it. We’re just going to apply it and see

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Speaker 2: if it works, where it works. And if it does,

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Speaker 2: we’re going to scale it up or iterate it until

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Speaker 2: we can. So very close to your heart, Sarah, we’re

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Speaker 2: going to try and AI generate PDPs for certain platforms,

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Speaker 2: trying to see what AI can do with certain rules

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Speaker 2: we give it.

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Speaker 1: We can’t just claim anything.

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Speaker 2: We can’t just also generate every title, but just basically

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Speaker 2: with the certain output we get from the Amazons and

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Speaker 2: the coupons as a result, what is the optimal PDP

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Speaker 2: we can create? And the early results are very, very promising.

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Speaker 2: There’s still a lot of manual work in there, not

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Speaker 2: just because of regulatory things, but also because we have

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Speaker 2: to be consistent on our brands. We have to make

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Speaker 2: sure that certain language goes the right way.

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Speaker 1: Even the algorithms of these platforms are still changing, right?

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Speaker 2: So we have to make sure that whatever works for

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Speaker 2: whatever algorithm is still the right thing created by the AI,

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Speaker 2: but probably 60, 70, 80% of the whole value chain

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Speaker 2: can almost be replaced by either an LLM or something

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Speaker 2: that’s already on the market, which is very interesting.

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Speaker 3: And so in your mind, if 60% of the work

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Speaker 3: becomes more automated, does that allow you to reduce headcount?

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Speaker 3: remove vendors? How do you think about it from a

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Speaker 3: cost-saving standpoint?

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Speaker 4: He is not removing vendors. I’m sorry. This isn’t a

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Speaker 4: conversation we’re having today. Boys and girls, we’re all good.

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Speaker 4: Thanks very much.

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Speaker 5: All right.

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Speaker 4: This has been an excellent episode. Thanks for listening.

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Speaker 1: We’ll take this offline.

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Speaker 5: No.

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Speaker 2: This is e-commerce. It’s a lot of the growth of

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Speaker 2: a company like this. So we’re still in the phase

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Speaker 2: where we can reinvest into growth. The backlog, the long

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Speaker 2: list of ideas is quite large. So I think in

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Speaker 2: the short to mid-future, while we’re trying to test out

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Speaker 2: this technology. But the moment we get some bottom line gains,

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Speaker 2: we have plenty of spaces to reinvest into. But if

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Speaker 2: you want a future, future answer, we’re going to go

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Speaker 2: way outside of e-commerce. This is not like the first

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Speaker 2: industrial revolution, right? We’re going to go into a place

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Speaker 2: where not all work is replaced by other work. No,

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Speaker 2: there’s going to be more efficient ways of doing the

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Speaker 2: same thing. The good news is the consumer will win

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Speaker 2: because of this. I’m convinced that this path of least

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Speaker 2: of resistance will be found, then that will be the

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Speaker 2: benefit of the consumer. But as humankind, we have to

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Speaker 2: solve the other part. So how do we create a

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Speaker 2: system in which we can still make sure that all

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Speaker 2: of us have a healthy and happy and fulfilling life,

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Speaker 2: despite the whole role of work and the investments we

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Speaker 2: can make changing as we speak?

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Speaker 1: This is probably a different podcast, by the way. We

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Speaker 1: can do that in another call.

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Speaker 3: Well, Bas, we have to ask you our famous last question,

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Speaker 3: which is, what’s the bravest thing you’ve ever done?

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Speaker 2: So you pre-sent me this question, right? So I had

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Speaker 2: a hard think about it. And of course, the list

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Speaker 2: was gigantic.

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Speaker 1: No, no, I’m kidding. I’ll keep this professional.

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Speaker 2: What I did, I quit a very, very comfortable job

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Speaker 2: at the largest retailer of the Benelux in the East

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Speaker 2: Coast of the US almost 50 years ago to go

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Speaker 2: into this world of e-commerce and digital. And I remember

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Speaker 2: being laughed at by big manufacturers that now offer me jobs.

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Speaker 2: And I couldn’t even find a job. I started my

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Speaker 2: own company as a solution. So I started a company

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Speaker 2: because no one would offer me an e-commerce job at

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Speaker 2: that time. I was already almost married then. I had

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Speaker 2: a mortgage and everything, right? So I took a big

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Speaker 2: leap of faith, listening to myself, who I am, but

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Speaker 2: also what I thought the future would look like.

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Speaker 1: And I’ve been… Happy I made that jump ever since, right?

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Speaker 1: And I hope it will continue.

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Speaker 3: Well, your entrepreneurial spirit is clear as well at Sanofi.

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Speaker 3: And thank you so much for your time.

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Speaker 1: Thank you.

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Speaker 3: If you enjoyed this episode and you really want to

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00:20:45,840 –> 00:20:50,460
Speaker 3: see how quickly Sanofi is evolving, We recorded an episode

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00:20:50,480 –> 00:20:54,720
Speaker 3: a little ways back with Jean Cien, who works with

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00:20:54,880 –> 00:20:57,730
Speaker 3: us every single day. And then if you want to

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00:20:57,770 –> 00:21:00,389
Speaker 3: think about global commerce and take it from a totally

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00:21:00,410 –> 00:21:03,949
Speaker 3: different angle and category, you can go listen to our

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00:21:03,990 –> 00:21:06,930
Speaker 3: friend Boris from Henkel. If you’re enjoying what you’re hearing,

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00:21:06,990 –> 00:21:10,719
Speaker 3: write a review, tell folks on LinkedIn. Thanks for listening.

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Speaker 6: Hi, I’m Jackie Cooper, Global Chief Brand Officer at Edelman

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Speaker 6: and the host of Touch of Truth, a new podcast

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Speaker 6: launching on the Adweek Podcast Network. My dad gave me

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Speaker 6: this incredibly smart piece of advice. Meet everyone once. As

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Speaker 6: a result, I’ve met some of the most fascinating and

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Speaker 6: inspiring people on the planet. Now on Touch of Truth,

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Speaker 6: we’re coming centre stage and sharing the mic to experience

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Speaker 6: stories of truth, insights and visions for the future that

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00:21:50,440 –> 00:21:52,899
Speaker 6: will challenge your way of thinking. Touch of Truth is

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Speaker 6: available wherever you listen to podcasts. New episodes come out

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Speaker 6: every Tuesday. I do hope to see you there.