Apprenticeship - the magic sauce in Private Equity
Amit talks about what it takes to build a sustainable Private Equity business over the long term. He also talks about the criticality of apprenticeship in people growing to become effective investors. He talks about three things that investors need to get right (people bets, strategy bets and timing) and how that evolves over time. He also discusses what it takes to transition to Investing as a profession and how he evolved from Investor 1.0 to Investor 2.0 during his tenure at Bain Capital.
Committing to sports as a career
Getting into professional sport can be a “low odds” decision often. If one doesn’t have the financial buffer, it is often tempting to go towards the safer option to pursue education and get a job. Viren talks candidly about how he comes from a family with no prior sports background and how he navigated some of these questions during the points of inflection when he had to take a call.
Goldman Sachs versus McKinsey
High performing B School students often get courted by the top jobs in the market and often several people having to choose between Banking and Consulting. Avnish talks about how he made the decision to join Goldman Sachs after interning at McKinsey.
IIMB, Wharton & path to Venture Investing
In a world with an exponential increase in career paths and complexity around opportunity, it can be unnerving to make key decisions around Stay in India Vs Go overseas, specialize in a field Vs Get a degree in Management etc. The multiplicity of options also makes career decisions complex when people graduate from the best of the programmes. Karthik talks about how he thought about going to Wharton after IIMB and his choice to do I Banking, Corporate Development etc till he got into Venture Investing.
Investment Banking as a career and key transitions
Vedika discusses her perspectives on Investment Banking as a career and how B-School students should think about the option. On a related note, she talks about the wrong reasons for which people often end up joining Banking. She also lays out the key inflection points in the journey.
Joining an Indian I-Bank after a US MBA
Amit talks about how he thought about pursuing an MBA in the US. He also goes on to talk about the considerations he had when he decided to come back to India immediately after his MBA. He also talks about how he thought about Banking as a career option picked Investment Banking as a career path (as against Trading despite his strengths in quant related topics)
Harsh realities of Writing
For every famous sportsperson, there are hundreds who didn’t make it big. For every published author, there are hundreds who met rejection after rejection. How does one deal with being in a profession where a few “winners take it all”? Hear Amish talk about the reality of being an author and how his initial rejections made him go against the grain and market his books innovatively.
What does it take to be an Author
In this nugget, Amish elaborates on the one important question you should ask yourself before transitioning to a new profession. For eight years before he switched to becoming a full time author, Amish focused on only three things- his job, his writing and his family. What drove this level of discipline and commitment? Hear on.
Armed Forces as a career option
Capt. Raghu Raman, shares his perspectives on a career in the armed forces. Listen to the three main reasons he gives you as to why the army can prepare you to tackle the battlefield of business and life!
Stand-Up: Unknown Unknowns
Think you need to know all about a career before you dive right in? Not necessarily! Papa CJ talks about how the world of stand up was a blank slate for him and all he had was his excitement and eagerness to pursue it. Sometimes all it needs is the drive and the resilience. Hint: Look out for what makes stand-up comedy the one profession where ‘failure is the only way to succeed’ according to Papa CJ.
Lessons from a journey in Stand-Up
In this fast paced, interconnected world around us, we often have less time and space to think quietly and listen to our inner voice. In this nugget, Papa CJ shares his perspectives around preparing for success and how one needs to grow in the dark so as to play to potential.
Career in Consumer Goods
People often equate Consumer Goods with Sales and Marketing. Finding your first job after an MBA can be confusing with people often resorting to using compensation as the sorting factor. Prakash sheds some light on how people could think about a career in Consumer Goods
Misconceptions around Venture Investing
Avnish talks about the realities of VC investing as a profession and debunks some of the common myths around a "cushy lifestyle" that some people associate with the profession.
Academics as a career
Did you always know which profession you wanted to pursue? Our career is often shaped by an opportunity that we seize on the way. Prof. Kartik Hosanagar talks about how academia came by as a career choice while he was researching options for his postgraduate education. Named as the world’s top 40 business professors under 40, he certainly seems to have made the right choice!
Highs and Lows in Academics
Interested in the academic world? Kartik reveals some important questions you should ask yourself and elaborates on some qualities you should possess before embarking on this path. Academia, according to Kartik, is ‘entrepreneurial without the risk profile of an entrepreneur!’ In this nugget, he also discusses some professional highs and lows that face an academician.
Surprises in the Academic path
We often choose a career without having much idea of what the reality is like. Often times, people who like team work take up jobs that may require long solitary hours. In this nugget, Kartik reveals a couple of surprises that people encounter on the path to becoming an academician.
Reflections on Politics as a career
All of us have had situations where we step way out of our comfort zone. Nandan talks about his experience from contesting the elections in Bangalore and why he moved on from Politics after that experience.
Venture Investing - What does it take
Karthik talks about what it takes to become a successful Venture Capital Investor. He also discusses the nuances across Angel Investing, Venture Investing and Private Equity Investing. Each of these often requires a different set of skills and strengths. People often club all these Investing roles into one large umbrella but there is a significant difference in the type of person that would enjoy and flourish in one versus the other.
Consulting (McKinsey) as a career option
Pramath talks about how he ended up joining McKinsey in Canada instead of pursuing a career in academics which he had originally intended when he completed his PhD. He also talks about how students should think about evaluating consulting as a potential career option including the common mistakes people make when they consider a career in consulting.
What Consulting doesn't prepare you for
Management Consulting often provides a whirl-wind exposure to multiple problems across industries and topics. However, one needs to significantly adapt the style while moving from a consulting environment to the Industry. Pramath talks about some of the adjustments consultants have to make when they enter the corporate world.
Consumer Goods (FMCG) as a career option
Vinita talks about how she got into a career in Consumer Goods and reflects on what elements of it have been rewarding for her. She also talks about the key questions people should ask themselves before embarking on a career in a Products company.
Law as a career choice
Zia talks about what it takes to be a successful lawyer. She also teases out the difference between traits that are good hygiene in any profession and what is specific to law. She also talks about how optionalities have changed over time for people with a law background.
Career in Market Research
Rama talks about how she ended up joining Market Research by accident after joining the Advertising world. She talks about the notion of "sliding doors" where small events along the way can have a significant impact on the overall trajectory and outcomes.
Career in Consulting versus Banking
Anu talks about the transitions she went through within Banking before she entered the world of consulting. She also talks about the questions people should ask themselves to see if a career in consulting makes sense for them.
Committing to Chess as a career
Vishy talks about how he thought about committing to a career in Chess. He specifically talks about how he didn’t stop his education despite his meteoric rise in the Chess world. He spoke about why he still pursued his undergraduate degree in Commerce on the sides despite his successes on the Chess board on a Global stage. He also talks about the criticality of building social and emotional skills from education and the criticality of open-ness to learning as we navigate the careers of the future.
Advertising as a career option
KV Sridhar (Pops) talks about the inherent traits one should possess to flourish in the world of advertising. He talks about the notion of story-telling relating it to how children lie but get away with it because of the innocence. He also alludes to the criticality of understanding the client business, socio-cultural trends and a nuanced understanding of human behavior to flourish in the industry.
Politics as a career option
Jay talks about the criticality of financial independence if somebody is considering a career in politics. He also talks about some of the fundamental disconnects between the world of business and politics and how that can lead to challenges in people from the world of business settling into the world of politics.
Factors behind the rise at DSP Merrill Lynch
Amit reflects on the common misconceptions people have when they get into Banking. Amit talks about how he made the decision to join DSP Merrill Lynch despite it being the job with the lowest pay and title. He also talks about how he leveraged his style of building deep authentic relationships with clients to grow over time. He also talks about the role of early bosses and brutal developmental feedback coupled with mentorship from Hemendra Kothari which have played a key role in his growth as a Banker.
Path to becoming a Historian
Dr. Guha speaks about his journey from playing cricket for St. Stephens (along with players like Kirti Azad who played for India and was part of the 1983 World Cup winning Cricket team) to pursuing a PhD in IIM Kolkata to eventually becoming a historian. He talks about the context behind some of the choices along the way and talks about the role of chance at various inflection points.
Being a historian - what it takes
Dr. Guha shares his perspectives around some of the elements behind being an effective historian. He talks about how his early years in cricket prepared him for the grind of being a historian and refers to the criticality of an independent mind and the ability to articulate complex thoughts in everyday language. He also gives us a glimpse into the rhythm of his typical day, especially in the mornings.
Attributes Of A Great Commentator
Vijay talks about the role distinction between a Broadcaster and a Commentator. He also alludes to the challenge of catering to audiences with varying tastes and appreciation of the game. The challenge is in creating content that appeals to different segments and is not just tailored to the tennis aficionados. Vijay shares some thoughts around how broadcasters could draw audiences in and then keep them there because of the quality of the game.
Framing Good Questions
Vijay discusses how less is more when you are interviewing a person. He discusses the role of brevity and the need for active listening to ensure that you are picking up the cues. He talks about some thoughts around how to navigate such a conversation. He uses the metaphor of Billiards where you are not just thinking about the initial contact of the cue ball with the red ball but are thinking two steps ahead of where all the cue ball might go.
Stand-Up: What it takes
“Find the balance to feed your stomach and feed your soul”: that’s the mantra for delivering to your potential, according to Papa CJ. In this nugget he talks about the qualities of being a good stand-up comedian and how these requirements actually transcend profession and time. Listen on to find tips to harness the true power of your potential.
Venture Investing – Supporting without intruding
As an entrepreneur who has built a business, how do you engage with an entrepreneur when you are an investor. Avnish talks about walking the tight rope of providing input while holding back as appropriate.
Sharpening investing skills
In Venture Investing, several years can pass before you realize the returns on your initial investment. Avnish talks about how investors can create a feedback loop in the interim and learn from the journey without having to wait for that long.
Balancing commerce with creativity
Film production is a tricky area where one has to walk the tight rope between creativity (as appreciated by the audience) and commerce. Atul talks about how he thinks about it and also alludes to the evolving consumer mindset where some early opinions could significantly swing the fortunes of the movie one way or the other.
What it takes to compete at the top
Vishy talks about how players need to adapt their style in a world where machines are makin the games longer and more nuanced. He specifically talks about the declining relevance of a dogmatic approach due to the machines suggesting more and more combinations which are possibly outside the realm of comprehension of the average human mind. He also refers to the crucial role of fitness to be able to make sound judgments deep into a game that has only gotten longer with the increasing role of machines.
Understanding the processor inside
In this nugget, Vishy talks about how he harnesses the potential of his mind in being a chess player at the very top over a prolonged period. He talks about how the human mind is like a wild horse that needs to be harnessed carefully. He shares some of his insights on how he tries to get the best of his conscious and his sub-conscious mind in preparing for big games. He also discusses some of his rituals in ensuring that he brings the best of himself to bear in various match situations.
Secret sauce behind great ads and film-makers
KV Sridhar talks about what separates the great ads and film makers from the rest. He shares his insights from his recently launched book – 30 Second Thrillers where he goes behind the scenes of legendary ads (tag lines such as Wah Taj, Hamara Bajaj, Only Vimal, I love you Rasna) and breaks down the secret sauce behind the ads and the ad film makers.
Perspectives on Excellence
Jay shares examples of three leaders (PV Narasimha Rao, Atal Bihari Vajpayee and Narendra Modi) who have driven significant change despite the challenges that came with the implementation. He talks about how great leaders use a window of opportunity or a crisis to quickly shift gears in dramatic fashion to drive seismic shifts.
Training for the Olympics
Deepa talks about her pursuit of excellence led her from one place to another and eventually to a medal in the Olympics. She talks about the 68 National Golds and 21 International Medals including medals from Asian Games, Para Olympics, World Championships and Common Wealth Games.
Perspectives on Excellence
Deepa talks about her disciplined approach that enabled her to win the Silver Medal at the Rio Paralympics. She also talks about her frame of mind and personal context which gave her the fire to make the Silver Medal winning throw on that day.
Characteristics of great coaches
Jayashri discusses her observations of Shri Lalgudi Jayaraman and how he would unlock the potential of each of his students by tailoring his approach and finding a different set of tools for each individual. She also talks about how he would role-model standards of excellence in his practice of the art form
Sir Ang Lee and Excellence
Jayashri talks about her collaboration with Sir Ang Lee where when she collaborated with him to sing for the movie – Life of Pi. The song was eventually nominated for the Oscars for the Best Original Song (first Tamil song to be nominated). She talks about how Sir Ang Lee brought out the best in her during the five days that she spent recording the 5 odd lines of the song.
Jayashri discusses how she splits time during practice. This includes building stamina and preparing your mind to think faster when you perform with other musicians. She also talks about practicing new songs for at least a period of 3-4 months before the music begins to “flow” out of her.
Turbocharging your growth – TMRR
Mouli talks the fact that the time people put in a job is not an appropriate indication of the experience they have gained. He outlines TMRR (Target, Measure, Review and Reflect) as a process through which people could derive a lot more experience than what the average person might get in that time period. He also talks about how people can build in the habit so that they practice it on a regular basis.
Tradeoffs by stage - post B-school, mid life, end career
Stew speaks about how the nature of the issues people grapple with varies depending on the stage of their journey. He specifically speaks about 3 points of people. 1) Point of graduation from Business School 2) Mid-life (about 15 odd years after graduation) 3) Retirement. For a longer piece around Navigating Mid-life, please see bit.ly/NavigatingMidLife
Joining OGQ – Role of serendipity
Viren shares his insights around how he joined OGQ after ISB. When I graduated from IIMA, a lot of us including me, didn’t have a clear framework to make a considered choice in terms of direction. Viren talks about the role of serendipity in how he ended up joining OGQ. He actually talks about how he almost ended up joining a corporate role before he joined OGQ. He also talks about how he has “taken the plunge” at crucial junctures in his life.
Picking the first job after IIM
Campus placements are often a pressure cooker situation with significant sub-optimality in how students end up making career choices. Prakash discusses how one should pick the first job after campus based on some reflection on what they like doing.
Career planning 2.0 for graduates
In this rapidly changing world, Ravi has three main nuggets of wisdom for graduates who are thinking about their careers and professional life ahead. How has the view of a ‘career’ changed over time and what is the best way to think about it today? What qualities should one spend time cultivating and nurturing? Hear on.
Transitioning from Engineering to Photography
A lot of us "go with the flow" either because we want to conform to expectations, minimize risk or don’t listen to our inner voice. Atul talks about how he was an exceptional student in school and ended up in UDCT - one of the most prestigious places to study Chemical Engineering. He talks about the disconnect he experienced at that point and how he moved forward from there.
Educating ourselves (and link with leadership of the future)
We are growing into a future where there are several unkown unknowns. Pramath talks about what sort of leaders would flourish in the new paradigm and how one should think about education in the context of this broad trend.
Navigating the sea of career options
"What should I do with my life" is often a question that we grapple with at different inflection points in our life. Vinita talks about the various dimensions along which she evaluates opportunities that have come her way at different points in her journey.
Building optionality during early career
Dheeraj talks about the distinction between process and substance in the context of making career choices. He also talks about how he built optionality at various points in his early career.
Perspectives around career choice
Dheeraj discusses his perspectives on how students and professionals should think about choices and learning. He underscores the criticality of having unfettered curiosity across disciplines similar to Da Vinci who showed equal curiosity to matters of art and science across disciplines.
Message to graduating women
Anu shares her perspectives on how aspiring women leaders should think about their careers. She underscores the point about the need for having the right mentors and sponsors along the way.
Early career choices - Medical Rep/Painting/Advertising
KV Sridhar (Pops) talks about how he thought about an early fork in the road where he had to choose between disparate options in front of him. One was to become a Medical Representative which was highly lucrative in those days, Second was to become a Drawing teacher and the third was to pursue art in the world of advertising. He discusses how he walked the tightrope where the mind and heart were pulling him in different directions.
Career - getting off to a good start
Suresh talks about how serendipity got him to Hindustan Lever Limited (HLL). He speaks about initially appearing for the interview as practice for the IAS entrance but provides context on why he joined HLL eventually. He provides an interesting insight on how he thought about the trade-offs and risks at that point in time. He also speaks about how one should think about navigating their career through a large corporation during the early years where it is easy to get lost in the maze.
Playing the 1st half of career to win the 2nd half
Mouli discusses that a lot of the wins in the first half of the career are often on the back of low hanging fruit but the wins in the second half are often harder. He mentions that apart from solving for successes in the first half, we should all build the muscle and resilience to be able to go after the complex win or the high hanging fruit. And that sometimes might require us to go slow and learn than run fast and miss out on building this muscle.
Overemphasizing fit in a career choice
Mouli talks about how he has made some of his early career moves based on the notion of fit. He also acknowledges that there is often an information asymmetry here and uses surrogate sources (profiles of others who have gone there and succeeded) of data as a means of determining if he would belong. He also emphasizes the criticality of focusing on learning rather than earning to drive professional growth over the long-term.
Winning the Second half of career
Mouli talks about how people need to consider evolving the metrics with which they measure their success as they move towards the second half of their career. He strongly advocates the notion of helping others succeed as a means of driving your own success.
Growing through the ranks at CRISIL
Roopa talks about how she drifted into CRISIL and how she was not necessarily career oriented in the early years of her professional life. She talks about the notion of focusing on excellence and on topics that are outside the realm of responsibility and how the culture at CRISIL ensured that her efforts were noticed and rewarded. She also talks about the transformative impact that one of her overseas stints had on her in terms of developing a “bird’s eye view”.
Making early career choices
Ambi talks about how he has approached some of career choices. He specifically talks about some context behind moving to IIMC after IITM and then after graduating from IIM Calcutta, he discusses how he spent some time on the Agency side and the Client side before committing to a direction with the Agency world at FCB Ulka.