• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
AIBrainstorm AI

Accenture exec gets real on transformation: ‘the data and AI strategy is not a separate strategy, it is the business strategy’

Nick Lichtenberg
By
Nick Lichtenberg
Nick Lichtenberg
Business Editor
Down Arrow Button Icon
December 16, 2025, 1:00 PM ET
Arnab
Arnab Chakraborty, Chief Responsible AI Officer at Accenture.Fortune

In a landscape where corporations are scrambling to adopt generative AI, one of Accenture’s top executives responsible for artificial intelligence (AI) offered a stark reality check to business leaders: it’s not a side project.

Recommended Video

During the recent Fortune Brainstorm AI conference, Arnab Chakraborty, Chief Responsible AI Officer at Accenture, argued that the era of treating technology roadmaps as distinct from corporate goals is over. “The data and AI strategy is not a separate strategy, it is the business strategy,” he said, emphasizing that for modern organizations, these elements must be the foundation of the entire operation.

This insight stems from a massive, ongoing collaboration between Accenture and Australian telecommunications giant Telstra. In January 2025, the two companies moved beyond a traditional client-consultant relationship to form a dedicated joint venture, a move designed to bypass the sluggishness of typical corporate structures. Dayle Stevens, a Telstra data and AI executive, told moderator Jeremy Kahn that the company had a five-year strategic roadmap but realized the market was moving too fast for standard timelines. “We thought we could do what we wanted to do within five years and we wanted to do it within two.”

To achieve this, the partners had to break free from the rigidity of the annual budget cycle that plagues most large enterprises. Chakraborty said the JV has been a “very bold move” and “industry first,” both for telecoms and consulting. “We had to form a new company, you know, where this whole setup of data and AI has been formed and what it is doing is, it is creating a new identity.” He said it’s still very integrated with Telstra but is bringing in innovation from the consulting world and Silicon Valley.

Fixing the foundation first

Chakraborty argued that, based on what he’s learned, when forming an agentic organization it’s important to not just think about the technology. “Think about the people and the culture. It is so paramount.” This is important, he added, because in order to drive AI adoption, “you are actually redefining the culture of the organization.”

When it gets to the tech, of course, you have to clean up the mess of legacy systems. Chakraborty warned leaders not to “get carried away with the shiny AI” and neglect the unglamorous work of data foundations.

Stevens offered a candid look at the technical debt facing large organizations. Telstra, like many established enterprises, had allowed complexity to spiral, operating with “80 different data platforms” because various departments had historically sourced data independently.

“You can’t get data quality without improving that data ecosystem,” Dale said. The company is now in the midst of a radical simplification to consolidate those 80 platforms down to just three. They have already reduced the count to 27 and plan to finish the consolidation within 18 months.

Flexibility and empathy

The annual cycle can be a trap, Stevens added, with big corporations locking in spending plans every 12 months but “AI moves really fast.” She said that an internal disruption for Telstra is that it has to be “much more adaptive. We have to be much more agile to be able to pivot and change as new technologies and opportunities come out.”

Stevens recounted how Telstra rolled out a generative AI tool called “Ask Telstra” to frontline staff. Instead of framing it as an efficiency play, they introduced it as a solution to the employees’ biggest complaint, or “pain points.” The response was overwhelming, she said: “We literally got a standing ovation,” suggesting that workers are ready to adopt AI, but there are lots of kinks to work out, and their employer needs to be aware and supportive of that.

The Telstra executive also said the Australian media was taken by the narrative that AI would replace jobs and so they had introduced an “AI Academy” to communicate to workers that they would be actively reskilling people. When you focus on the human aspect, and those pain points, Stevens added, it’s very well received.

Earlier in the panel, Chakraborty highlighted another human element that is falling short in the AI narrative. “I would say trust is critical,” he said. “You know, today the challenge on [return on investment] is because of lack of trust,” he added, alluding to how many billions have been spent on data-center infrastructure to support AI adoption, without an underlying faith in the returns to come. It also extends, he added, to “how do you focus on trust by design of AI systems? And how are you enabling your people and the organization to alleviate the trust along with your stakeholders? So how have you done that?”

It’s a question that the executives strongly recommend every business leader consider. “I think the leadership commitment to ‘walk the talk’ is extremely important,” Chakraborty said. “[The] CEO and the CEO’s direct reports [have to be] fully behind this. There is a pull from them. They are personally walking the talk. I think that goes a long way … in bringing the people along.”

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
Nick Lichtenberg
By Nick LichtenbergBusiness Editor
LinkedIn icon

Nick Lichtenberg is business editor and was formerly Fortune's executive editor of global news.

See full bioRight Arrow Button Icon

Latest in AI

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
Success
'I had to take 60 meetings': Jeff Bezos says 'the hardest thing I've ever done' was raising the first million dollars of seed capital for Amazon
By Dave SmithDecember 15, 2025
1 day ago
placeholder alt text
Success
Meetings are not work, says Southwest Airlines CEO—and he’s taking action, by blocking his calendar every afternoon from Wednesday to Friday 
By Preston ForeDecember 15, 2025
1 day ago
placeholder alt text
Success
Bad luck, six-figure earners: Elon Musk warns that money will 'disappear' in the future as AI makes work (and salaries) irrelevant
By Orianna Rosa RoyleDecember 15, 2025
1 day ago
placeholder alt text
Personal Finance
Current price of silver as of Monday, December 15, 2025
By Joseph HostetlerDecember 15, 2025
1 day ago
placeholder alt text
North America
Ford writes down $19.5 billion as it pivots electric Lighting line of vehicles
By Sasha RogelbergDecember 15, 2025
22 hours ago
placeholder alt text
Future of Work
The job market is so bad, people in their 40s are resorting to going back to school instead of looking for work
By Sydney LakeDecember 16, 2025
12 hours ago

Latest in AI

AIOpenAI
OpenAI releases new image model as it races to outpace Google’s Nano Banana amid company Code Red
By Sharon GoldmanDecember 16, 2025
2 hours ago
Arnab
AIBrainstorm AI
Accenture exec gets real on transformation: ‘the data and AI strategy is not a separate strategy, it is the business strategy’
By Nick LichtenbergDecember 16, 2025
2 hours ago
Matt Garman speaks on stage in front of a screen showing colorful concentric circles on a black background.
Future of WorkAmazon
AWS CEO says replacing young employees with AI is ‘one of the dumbest ideas’—and bad for business: ‘At some point the whole thing explodes on itself’
By Sasha RogelbergDecember 16, 2025
2 hours ago
Photo of Donald Trump
Big TechDonald Trump
You can make up to $200K working in Trump’s new ‘Tech Force’—and you don’t need a degree or work experience
By Dave SmithDecember 16, 2025
5 hours ago
InnovationTesla
An MIT roboticist who cofounded bankrupt Roomba maker iRobot says Elon Musk’s vision of humanoid robot assistants is ‘pure fantasy thinking’
By Marco Quiroz-GutierrezDecember 16, 2025
5 hours ago
Justina
Future of Workskills
Can’t get a job? Blame AI? Train in ‘power skills,’ IBM exec says: ‘You can’t hire a college student now to just come in and create a spreadsheet’
By Nick LichtenbergDecember 16, 2025
7 hours ago