Nuggets from Vedika Bhandarkar
Transitioning to the Social Impact world
"How do I bring greater meaning in my life" is a question that people start grappling with as they approach mid-life and beyond. However, people struggle with making this happen. Vedika discusses her transition from heading Credit Suisse in India to Water.Org
Transitioning to the Social Impact world
Neera talks about the distinction between Needs and Wants as people think about a career in Social Impact as against the Corporate world (although the lines between the two are being blurred). She also discusses some of the real challenges when people with a long successful tenure in the Corporate world transition to the Social Impact world. She shares her perspectives on how could adapt well into the new context.
Distinctive leaders in the Social Impact space
Neera talks about some of the unique characteristics of the distinctive leaders that have made a lasting contribution in the Social Impact space. She talks about a combination of a desire for large-scale impact coupled with empathy for the consumer whose needs and wants they want to address.
Transitioning from playing sport to commentating
Vijay reflects on how he transitioned to a new career as his family context changed and he approached the end of his active tennis career. He talks about how re-inventing yourself is often like throwing yourself in the deep end of the pool without knowing how to swim. Perspectives that could be relevant for leaders who are trying to re-invent themselves given significant shifts in the world of work and in personal circumstances.
Transitioning across Cultures
Having moved from the army setup to the corporate world then onto a government organization and back to the corporate world, Raghu has worn many hats in his professional life. All of these shifts have involved transitioning across cultures- some well established, others being established and yet others, desperately needing a change in culture! Hear Raghu talk about how he navigated these transitions to integrate into the organization he joined.
Transitioning from the Army to the Corporate world
Raghu talks about how we could think about leveraging the pool of leadership talent that the army produces. He compares India to markets such as US, where there have been generations of Corporate Leaders who spent their early years in the Armed Forces. This is not just about providing an education around some of the elements of business. It is a complete rewiring that needs to happen.
Plunging into Stand-Up
“If you want to walk on water, you have to get out of the boat.” Hear how Papa CJ took the plunge into the gruelling yet satisfying world of stand-up comedy. A mix of conviction, grit, pragmatism, sacrifice and passion helped him make this journey. This nugget gives us an insight into planning and being prepared for transitions.
Leading in India versus other markets
How does being a business leader in India differ from leading in other international markets? Hear Ravi elaborate on what you need to succeed in India by sharing some personal experiences. Don’t miss the bit about Jack Welch of GE and the concept of a younger mentor.
Listening intently during Transitions
Ravi’s career trajectory has often taken him to sectors and organizations he did not know much about. The key to his successful transitioning, according to him, has been listening; but listening to what and whom? Get the details and some tips in this anecdotal nugget.
Integrating into a start-up
Culture is often seen as something that large organizations need to worry about. However, if a start up tackles the challenges of culture from the very beginning and clearly defines its competencies and values, it could be a significant competitive differentiator especially during the scaling up phase. Hear Abhijit elaborate on the startup ecosystem in this nugget.
Infosys to UIDAI - a 3D transition
Leadership Transitions can be a period of significant anxiety for several executives who are transitioning across contexts and domains. Nandan shares his insights around what he kept and what he changed when he transitioned across 3 dimensions when he moved from Infosys to UIDAI. He also talks about the power of commitment in such situations.
Transition pitfalls - Banking/Consulting to VC
Transitioning from one industry to another are always fraught with uncertainty and risk. Leaders are straddling several sub-transitions - settling into a new organization, flourishing in a new space which requires a different set of skills and mindsets. Karthik talks about the common derailers that could come into play when Consultants or Bankers are transitioning into Venture Investing.
Settling effectively into Venture Investing
The first 30-60 days in any profession are often quite tricky. Hairline cracks can quickly turn into fractures if not handled carefully. Karthik talks about how he works with the incoming members and thinks about the early passage of play in the organization. He also talks about how he pre-empts the derailment risk by suggesting to interested individuals to seek certain prior experiences before venturing into Venture Investing.
Transitioning out of Consulting (including views on entrepreneurship)
A career in Management Consulting in a firm like McKinsey can be immensely rewarding but also inexorably intense. Pramath talks about how he thought about a career in McKinsey versus pursuing something else. He also discusses some of the common misconceptions people often have when they take the plunge into entrepreneurship.
Effective Leadership transitions across companies
Leaders during transitions often feel like trapeze artists as they go from one to another. It is the role of the hiring manager and the transitioning leader to think this through. Vedika shares her perspectives in the context of some of her transitions at a leadership level.
Navigating the first 3-6 months
The first few months in a new organization can be a nervous passage of play for the incoming leader and for the hiring manager. If not handled carefully, the organizational antibodies could eject the new entrant. Vinita shares her insights on how the incoming leader and the hiring leader could navigate this phase effectively.
Transitioning back to India in a leadership role
Vinita transitioned from an American MNC in their Latin American division to Britannia in India. It was a transition across multiple dimensions. She talks about her reflections around settling into the new context. She also talks about the role of the hiring leader in setting the incoming individual for success.
Learning/Unlearning during transition
Anu discusses the transition from high intensity consulting projects with a tight feedback loop to a relatively open ended and longer cycle life at McKinsey Global Institute. She talks about how she adjusted to the new operating rhythm of the place.
Transitioning from Advertising to the Tech world
KV Sridhar (Pops) talks about how he thought about the move from the world of Advertising to the world of Technology. He also speaks about the notion of staying relevant in the context of children and consumers and how one needs to be in sync with them to be able to connect with them.
Settling effectively in a new organization
KV Sridhar talks about his perspectives on settling into an organization and how leaders should think about what to maintain and what to change. He makes the case for imbibing the values of the organization and then interpreting it differently as you slowly build trust with the ecosystem.
Transitioning effectively to a new context
Suresh talks about his experiences in transitioning across companies and roles. He moved from HUL to Nestle and within Nestle, he moved across markets such as Egypt, Singapore, Thailand, Philippines and India. He talks about how he thinks about settling into a new context and also what it takes to build systems and processes so that even when you transition out, the organization continues to run effectively.
Transitioning to a General Management role
Roopa talks about the transition to the role of a Chief Rating Officer being the defining transition in her journey at CRISIL. She talks about how the profile of her responsibilities and stakeholders significantly changed when she moved into that role. She also talks at length about how she recalibrated the relationship with her peers when she got promoted, something that a lot of people struggle with.
Flexing leadership style at Omidyar Network
Roopa talks about how she had to adjust her leadership style when she moved from leading a team of 4000 plus people in CRISIL to Omidyar Network which had about 150 people globally and about 15-20 people in India. She discusses the power of listening, learning and tapping into the internal network to come upto speed and build credibility with the organization.
Developing a sense of judgment
Roopa talks about she developed a sense of judgment in the new context when she moved to Omidyar Network. She talks about the fact that she now has to exercise judgment on entrepreneurs who in turn will exercise judgment on several topics that are relevant to them. She discusses how she went about acquiring that nuanced sense of judgment by understanding the world of the start-up entrepreneur and the world of technology.
Transitioning across contexts
Arun talks about how one can listen to build credibility in a new context, especially if you are in a situation where you feel you do not have the capabilities on Day 0\. He talks about how he learnt from Sumant Moolgaokar by watching him interact with people across hierarchies including how he would engage with the gardener. He shares that it is critical that we move from a “I will teach” to a “I will learn” mindset when you move to a new context.
Transitioning to solo-preneurship
Indranil talks about his challenges in transmitting some of the elements of the credo he had crafted as the head of Marketing and Strategy of his organization. He underscores the risks of abstraction when we craft values such as honesty, excellence, customer-delight etc. and adorn the walls. He takes the example of a story to illustrate the point “no room for ordinary” a value they were trying to live in his company. He goes on to share how he transitioned to the world of story-telling and reflects on some of his early lessons in solo-preneurship.
Settling into a new context
Dr Guha speaks about the phase of transition when Gandhiji moved from South Africa to India. He talks about how Gandhiji was advised (by Gopal Krishna Gokhale) to spend about a year understanding the nuances of the country before embarking on a journey of change. He also speaks about Gandhiji’s open-mindedness and willingness to listen which enabled him to absorb the complexity of the country without bringing his biases.
Achievement Orientation to a Giving Mindset
Vijay talks about the notion of “paying it forward” and how that attitude towards life got shaped in his early childhood given the influence of his family. He talks about how some of the things that his parents and relatives did when he was young have had a profound influence on how he goes about thinking about giving back to the wider society. He talks about a specific anecdote where he learnt a lesson about giving from his uncle.
OGQ and how you can contribute
In this nugget, Viren describes the OGQ model – what they do, the sports they are involved with and the athletes that they are working with. Their youngest athlete is 8 years old and they have committed to working with that athlete for the next 8-12 years to win an Olympic Gold medal. In a world that is running faster and faster and 1 year plans are hard to execute, it was refreshing to hear an organization that describes their 2020 plan as a short-term plan.
Driving social impact
Want to make a difference in society? A lot of us want to positively impact the world around us. But often times, this intention fades into the background or does not come to fruition. Enter Social Venture Partners- a platform for people like you who want to be agents of change. Hear Ravi talk about their ‘million jobs mission’ and the unique challenges faced by leaders in the social sector.
Current portfolio of time spent
Nandan talks about how he organizes his time currently and more importantly, the design principle behind how he prioritizes his time. He also talks about his journey through Infosys and Aadhaar to the current portfolio of initiatives that includes India Stack evangelization, EkStep, Philanthropy and investing in & mentoring select start-ups.
Current portfolio of initiatives
Pramath talks about the portfolio of initiatives that he has today. More importantly, he talks about the underlying principle behind how he has assembled this portfolio together. He gives us a peek into how he thinks about success using internal and external metrics.
Water.org - Introduction and how you can contribute
Vedika talks about the criticality of solving for water and sanitation at the bottom of the pyramid. She talks about how Water.org is using a multi-pronged approach to tackle this problem. She discusses how access to water is a mission-critical need for all individuals at the bottom of the pyramid to lead a productive life with dignity.
About Global Alliance for Improved Nutrition (GAIN)
Vinita talks about how the Global Alliance for Improved Nutrition (GAIN) works with various stakeholders across the world to deliver outcomes to improve nutrition. She also talks about how Corporate Social Responsibility cannot be treated as a separate function but should be embedded in whatever a company does.
Perspectives on Philanthropy
Meher talks about her approach towards CSR and Philanthropy and how she thinks about “chunking” rather than “sprinkling” (a phrase Adam Grant uses in his book Give and Take). She also talks about the criticality of working with the Government to drive Scale.
Evolving perspectives on success and impact
KV Sridhar (Pops) talks about how his metrics of success have slowly shifted from business outcomes (brand performance, ad recall) towards the impact he makes on humanity. He talks about the responsibility the advertising industry has in addressing and influencing the biases (conscious and unconscious) that exist in the society today. He specifically refers to the unconscious biases towards girls and women and what he did to sensitize the ecosystem.
Transitioning from Banking to PE
Amit talks about how he thought about the transition from the world of Investment Banking to Private Equity. He talks about taking stock of life after reaching the heights of the Investment Banking profession and also seeking more time to devote to some of the other elements in his life such as Social Impact.
Moving to a 50% model at Bain Capital
Amit currently operates on a 50% model where he spends 2.5 days at Bain Capital and 2.5 days on Social Impact, Boards and other matters. He talks about how he and his wife gradually started spending more and more time on the Social sector and how he structured this arrangement when the last fund was being raised.
Being Strategic about Philanthropy
Amit talks about how he and his wife Archana have been thoughtful about how they would spend their time and money towards Philanthropy. He talks about how they picked Water, Education and Health as three areas he would go after. He also discusses how his intervention is a blend of several activities including writing cheques towards break-out NGOs, investing in Leadership Capacity Building and Governing through the Board.
Genesis of the book - CATALYST
Mouli talks about the context behind writing the book which is a combination of him finding time across multiple flights to Singapore to pen down his thoughts given a Regional role and a desire to take a break and take stock of life. He also discusses how he wanted to contribute to social impact in a way that leverages his skills rather than do on-ground field work where he may not have any distinctive value to add.
Omidyar Network and innovating for next Half Billion
Roopa talks about the flexible capital model at Omidyar Network (ON) and discusses how they do a combination of investing in tech enabled start-ups driving social impact and grants to organizations to impact a sector. She also discusses the unique characteristics of the next half billion in India that has access to the mobile phone and will come online in the next 5 years and how this presents a unique opportunity for these consumers and for businesses targeting them.
Changing orbit - HBS, Wall-Street and Dasra
Neera talks about her transitions to Morgan Stanley, Harvard Business School, UBS and then to Co-founding Dasra with her spouse – Deval Sanghavi. She talks about the mindset with which she started thinking about her HBS degree. She talks about moving from seeing it as an asset you could market to something she could leverage and extend to drive impact in the Social Impact world.
Thinking about levers of Impact
Neera talks about how Dasra has evolved into an organization that works in three broad areas (Research, Building Organizations and Giving Strategically). She also talks about the way Dasra has made choices as it has grown as an organization and how it plans to measure impact and success as it grows into the future.
Leadership Development in Social Impact space
Neera talks about some of the common challenges that entrepreneurs in the Social Impact space face. She talks about founders often being “too mission driven” and thereby coming in the way of systems and processes that could build the organization sustainably. She also talks about the Founders not spending enough time on what they are distinctive in leading to spreading themselves across too many areas.
About "Wheeling Happiness" Foundation
Deepa talks about Wheeling Happiness Foundation, an initiative she and her daughter have started. She talks about how they plan to bring hope to the life of people and become a medium towards creating an inclusive and accessible (physically, emotionally, mentally) India.
Business model choices
Tarun talks about variations in how companies and entrepreneurs think about returning capital to the shareholders and talks about the examples of BFIL (earlier SKS Microfinance) and Banco Compartamos to illustrate how you could have very different approaches but still end up building a successful enterprise over the long run.