Satish K. Dave, Chief Information Officer - AEG Vision | Operating Partner - Riata Capital
Growth Leader - Broker for Innovation - Catalyst for Transformation
WHO I AM
Global executive who drives enterprise performance by defining strategic roadmaps, reengineering business processes, aligning groups with the business vision, creating a culture of continuous improvement, and positioning organizations as growth-enabling, profit-driving business partners.
"Tapped by organizations to fuel business transformation and enhance the bottom line."
Operational Strategy: Skilled strategist who blends deep technical expertise with an enterprising business sense to create competitive advantage. Redefined the enterprise vision taking a $240M healthcare cost management company to $910M in three years. Developed Analytics centers of excellence for three different companies, enabling rapid business growth and new operational efficiencies.
Business Transformation: Two successful turnarounds of private equity owned companies in last five year. Delivered platform for six new products and helped transform Radiology Benefits Management company into a more profitable Medical Cost Management organization.
Cost Control: Eliminated more than $66M in annualized operational and production costs through Lean Six Sigma methodologies, operational excellence, process reengineering, and digitization (includes $40M+ in cost savings over the past three years).
Diverse Expertise: Combine extensive operations, technology, and talent management expertise to drive record-level revenue growth, profit, efficiency, and market share for companies in the healthcare, retail, eCommerce, manufacturing, government services, insurance, and financial services industries.
Executive Scope: Held executive scope of 300+ staff, $40 million budget, and support for 2,500+ users in 28 countries. Supported 30 million members and 50 health plans.
Growth Leadership
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Broker for Innovation
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Catalyst
for Transformation
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E-commerce business was losing about 2% of revenue in credit card fraud. There was a dedicated team of 20 resources checking on frauds.
Leveraging 3rd party fraud database I built a reliable solution to stop the loss. Business leaders could change different parameters.
With technology solution, we reduced the fraud losses from 2% to less than 1/10%. It saved around 4 million dollars per year.
IT operation was facing reliability issue due to rapid expansion and business growth was impacting due to lack of customer confidence.
Analyzed the situation in first 30 days of my new job. I created a short term reliability and performance improvements plan.
- Operational issues reduced by 90% within 100 days.
- Team members were recognized and motivated.
- We had good people in the team but with the explosion in growth they didn't have a good process to prioritize and execute the workload.
RISC, a Government Services Administration agency, was struggling with tons of paper process and old legacy system for integrated solution. Previously three reputed vendors had failed to deliver the solution putting Y2K as risk.
Created partnership with government officials and internal team to solidify technology architecture and delivery process to ensure delivery of reliable and best in class solution.
Delivered state of art solution to support end to end processes for the regulatory information services center and printing office. Avoided Y2K catastrophe and build the trust with customers to win new business.
Poor productivity and adverse mining conditions were causing operational loss and labor issues.
Led automation project for the underground mining operation.
Generated 35%+ cost savings and propelling operation to #2 from bottom 100 among 700 nationwide in throughput and profit; received award for outstanding capacity/safety results from Chairman.
