Consumer Reports CEO Advises How to Navigate Digital World

marta l. tellado

Marta L. Tellado, the CEO and president of Consumer Reports speaks to a crowd of about 100 students, staff and faculty on Oct. 29 as part of the School of Business Dean's Premier Guest Speaker event.

Galloway, N.J. 鈥 What was the driving force behind requiring seatbelts in cars?

What consumer group recently revealed how an inclined baby sleeper contributed to the death of several infants?

Consumer Reports has written about these consumer dangers and has been a consistent source of independent product testing since 1936. Now, Marta L. Tellado, the group鈥檚 CEO and president, wants the nonprofit to take its advocacy and human-centered values to something that鈥檚 not as tangible 鈥 the digital world.

鈥淲e are living in a surveillance economy. Many of our moves are tracked. So many of the values that shaped my life and shaped my ambitions in a country that respects one鈥檚 privacy are really threatened by some of the ways consumers are exposed in the digital and commercial marketplace,鈥 she said. 鈥淥ur democracy can only thrive if you have a marketplace that is safe and fair for everyone.鈥

Tellado spoke before about 100 students, staff and faculty on Oct. 29 at Stockton University鈥檚 Campus Center Theatre as part of the School of Business Dean鈥檚 Premier Guest Speaker event. It was the culmination of a day on campus where Tellado met with university leadership, including President Joe Bertolino, along with student representatives from Los Latinos Unidos, the Accounting & Finance Society, the Hospitality & Tourism Society and other students at a lunch event in the Multicultural Center.

Prior to joining Consumer Reports 10 years ago, Tellado worked at the Ford Foundation, the Aspen Institute, the Partnership for Public Service and in the office of former New Jersey Sen. Bill Bradley.

鈥淲e are so excited to have you here. I do a lot of research on consumer behavior, but what we do is usually behind closed doors,鈥 said Naz Onel, associate professor of Business Administration, who led the discussion with Tellado. 鈥淵ou are connected to the real world, so we have a lot to hear and learn from you.鈥

If your economic agency and power is undermined, then how can you fully participate in a political and social system and environment. Right now, the burden is on us. It shouldn鈥檛 have to be that way. Your privacy, your security shouldn鈥檛 be a setting. It should be a right.鈥
Marta L. Tellado, Consumer Reports CEO and president

It鈥檚 a real world that鈥檚 more challenging every day for consumers trying to buy safe products and protect their privacy, Tellado said. And that鈥檚 always been Consumer Reports鈥 鈥渂read and butter.鈥

鈥淲e believe you should be able to go out into the market and what you find out there should be safe,鈥 she said. 鈥淭hat鈥檚 how we鈥檙e different from other reviewers. We investigate. We advocate. We work with companies. We share the data with them and say your car would be more reliable if you do this because we survey millions of consumers every year about the cars they drive.

鈥淒ata is power and data and science powers everything we do. Not opinion, not somebody in their home writing a review.鈥

Tellado began her talk by discussing her recent book 鈥淏uyer Aware: Harnessing Our Consumer Power for a Safe, Fair, and Transparent Marketplace,鈥 which she wrote during the COVID-19 pandemic.

She said a lot of her beliefs about transparency came from her upbringing as she was born and spent her early years living in Cuba. She remembered her parents pushing their car out of their driveway as they drove to the airport because they didn鈥檛 want their neighbors to know they were leaving the authoritarian country.

鈥淭he book is a playbook. It鈥檚 trying to give you some thoughts and ideas about how to exert your consumer power in the marketplace,鈥 she said addressing the business students in the audience. 鈥淵ou are learning that the market is about supply and demand, and we as consumers have to demand certain things of the marketplace. I think consumers are a sleeping giant.鈥

She said she believes that civil rights and consumers rights are 鈥渋nextricably linked.鈥

鈥淚f your economic agency and power is undermined, then how can you fully participate in a political and social system and environment,鈥 she said. 鈥淩ight now, the burden is on us. It shouldn鈥檛 have to be that way. Your privacy, your security shouldn鈥檛 be a setting. It should be a right.鈥

And she鈥檚 not afraid to use technology to help meet Consumer Reports鈥 goals. She spoke extensively about artificial intelligence and how it鈥檚 a 鈥渞emarkable innovation.鈥

鈥淚 don鈥檛 think it鈥檚 turn off the switch,鈥 she said regarding how to approach AI. 鈥淲e鈥檝e got to be as innovative as the for-profit companies, large companies and try to start moving the needle to what we call ethical AI.鈥

That ethical AI must be informed by good, solid data, which is something Consumer Reports has a lot of on commercial products. Tellado told the audience the nonprofit plans to release a new AI model called 鈥淎sk CR鈥 later this year that鈥檚 powered by the organization鈥檚 vast collection of consumer data.

鈥淚magine a world where you鈥檙e not just getting product service and information, you鈥檙e getting a trusted agent that will tell you whether your service agreement is real or whether it鈥檚 a scam, whether your warranty is worth anything,鈥 she said.

Tellado finished the talk with some crucial advice for the students in the audience: Think about your life and career as you would a business plan.

鈥淵our business plan of your life is driven by your values and how you want to grow as a human being,鈥 she said. 鈥淗ow do you want to be a member of this community and this society at a time where we really need a generation to get us to a better place?鈥

鈥 Story by Mark Melhorn, photos by Lizzie Nealis

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