Reboot, Relaunch, Rule : Reinventing the Self

In a webinar of great contextual relevance, Suman engages the three interesting panelists – KK, a career and life coach as much as one in tennis; Suhrid Brahma, CTO in a multinational; Sreeni, an edupreneur, Co-Founder CL Educate and also one who dances in the right brain too. Kindly enjoy the session – Reboot, Relaunch, Rule….

I am a compulsory documentor. Even as the discussions were going on, I keep making notes. One caveat, many times I have not documented my responses, but mostly are there…..This is a quick notes of utterances. I hope you can really make something out of it.

Sweet Bumps
- KK
  - Is it a new Normal
  - It is most unlikely,
    - Everyone wants to go back
    - Change has happened
    - Very deep fundamental change experiencing
    - Accelerated, behavioral
    - Will we be the
  - Suhrid
    - Unknown part is much higher
    - BC and AC are the new terms
    - New Normal
    - Companies, Individual everything will go through change
  - Sreeni
    - Shaken Lethargic and lazy; and shocked the smart
Incremental – KK
- - Moving at some kind of speed
    - Technology has been game changer
    - Linearity it has been the trend
  - Deep behavioral shifts
  - Globalization will be redefined
    - Cheaper places to manufacture
    - Textiles in India
    - IT, outsourcing, BPO to India
  - Today it will change a lot
    - Life changing experiencing
    - Inwards important
      - Individuals
      - Countries
      - How much we need to change
      - Forms will change – supply chains change, forms
      - Self-reliant definition will change
        
        Interaction with outside world
        
        But at our terms
      - Incrementalization – Fossilization
        
        You may end up as a Fossil if you go by incrementalization
      - Globalizational
        
        Suhrid
        
        Tom Friedman – the world will become more flatter
        
        Globalization Vs localization
        
        Value driven vs Labour driven choices
        
        Innovation will remain global
        
        Incremental Vs Disruptive – Technology
        
        Business models – global model
        
        Supply Chain – pharma companies moving without disrupting, moving the plant? Without adding the cost
        
        Basic assumptions
        
        Consumer connects
        
        Hospitality
        
        Airlines
        
        Insurance
        
        Customer models
        
        Suhrid
        
        Insurance
        
        Classical model
        
        Broker – buy the policies
        
        Policy Bazar – B to C from B – B- C
        
        ICICI Lombard, HDFC Life… you can buy
        
        Things have become easy
        
        80% of customers do not need an y underwriting
        
        Retail
        
        Airlines
        
        All have become B2C
        
        Customer experience – order on Amazon
        
        Hub and Spoke model – Delivered now in 24 hours
        
        Post corona –
        
        More digital model
        
        Banking has changed completely
        
        AFTER CORONA
        
        Zomota /
        
        Companies delivering grocery, food
        
        Realized that going back to Kirana Shop
        
        Hyper-localization model – Tech and Local
        
        Joining these two well gelled
        
        JIO + Whatsapp for the kirana

KK : Organizations

Autonomy – Organizational
Organization
- Economy of scale – more you produce, the cheaper it is going to be
  - Mammoth organizations emerged
  - Fundamentally now, questioning this premise
- Technology can be disruptive
  - Pause for reflection
  - COVID has given this – for re-invention
  - You may not have luxury of importing from China
- How will the new entrants be in the work force
  - Millineals
    - Steeped in technology
    - COVID may have
    - GIG economy
    - Re-evaluate themselves
    - I fit into new model
    - Where do I stand in the place
    - Will they

Sreeni – What are the shifts the world is witnessing?
- Disruptive technologies
  - Sectors / Industries vanishing or redefined
    - Smart phone has eliminated over 100 industries
    - Coming up Mind reading technologies will eliminate a lot of things perhaps that SMART PHONE DOES
  - BORDERLESS COUNTRIES / STATES / ORGANIZATIONS
- DE-GLOBALIZATION MOVES – BREXIT, US REPUDIATING NAFTA, TRANS ATLANTIC….BUILDING BARRIERS… US VISA..
- EUROPE INTERNAL COLLAPSING, NOT MUCH MANPOWER TO HANDLE THE BASIC UTILITIES, THEY NEED MANPOWER…. INDIA IF IT GETS ACT TOGETHER THEN WILL HAVE HUGE IMPACT
  - SMART PASSPORTS, BORDERLESS TRAVEL SHOULD HAPPEN SOON
- SUSTAINABILITY AND ENVIRONMENTAL ISSUES
  - COVID has brought it into centre stage
  - Nature has enough for everyone’s need, not for every ones greed
  - Impact on agriculture, inputs for many industries….
- CHINA AND THE WORLD – Will it redefined

Sreeni : What are the shifts – working environment
- Entrepreneurial
- AUTOMATION AND DISRUPTIVE TECH
  - ELIMINATED OVER A LAKH JOBS IN THE LAST TWO YEARS IN THE TECH WORLD. MANY, including middle level managers got pink slips
  - That will accelerate
  - Learners and early adapters of tech will be safe
- COVID AND ITS IMPACT
  - Many organizations are on the verge of collapse
  - Markets vanished or redefined
  - WFH will be a new normal for next 2-3 years
    - Will bring new paradigms in the organizational orientation
    - ORGANZITIONS LOOK FOR VERY ENTREPRENEURIAL LEADERS
      - AND PAY MORE
    - Many organizational models will change
      - May pivot towards online facilitation
      - Impacts many many sectors
        
        Tourism
        
        Travel
        
        Airlines
        
        Railways
        
        Hospitality

Working from home (WFH)

Autonomy vs flexibility

How will it impact the individuals

- - Millennials way of working
    - How long have you been working
    - How are you measuring
      - Inputs Vs Output
      - Traditionally we measure inputs
    - Measurements will change
    - Flexible models
  - Different experience – Reinventing self theme
    - How do you re-inventing
    - Cricket example
      - Rahul Dravid interview
        
        Struggle with T20s
        
        Can walk him into Test teams
        
        Unlearning needed
        
        When he was an aspiring coach, hit along the ground
        
        DNA way was hit along the ground
        
        Skills will stay, unlearn
        
        How do you re-invent how to play the game
        
        Rule of the game changing…
Sreeni – Individual

Do what you love, love what every you do

Three important elements to succeed

- Learner for life – curious, inquisitive;
  - lateral thinking very important – creativity pays
- Courage to fail – pushing boundaries
- Humility – that builds teams
KK : Coach
- Resolve – Ambition, Goal
  - Will the same goals continue to hold
  - Goals may not be defined by the company
  - Goal posts shifted
  - How to redefine my resolve
  - My own goals and dreams – redefined
  - Organizations rewarded for conformity
  - You are not encouraged to violate conformity
  - It will change
  - New reality and paradigm
  - Glorious opportunity
  - Reflect
- What Am I, Who Am I
  - Rethink a lot on that front
  - Mobility of the mind
  - Completely Unknown
- Human being -s social
  - Logical
  - Rational
  - Emotional Animals
  - Very individual
    - Conforming way
    - Office – interaction
    - Entrepreneur – social life…

Srini – What do you love doing

Three questions – Learner, Courage and Humility

Ask what works the best

Where can you impact
Where will I continue to learn
Greatest joy

What you like doing, good at doing,

Do what you like, and do much better than any one else
What do you love doing
- What is that you would continue to do even if you are punished
- What is that you would continue to do even if not paid for
- What is that for which you will jump out of the bed at 3am
What are you good at
Then map on to the industries, your skillsets
If found good opportunity go ahead; else create your own opportunity..