Make a difference

Achieve your potential – Tip #498 –Don’t hurry. Your boat will not leave without you!

Posted by in Attitude, Motivation, Personal Branding

 

 

 

Many people run through life as though it is a 100m sprint.  Think of it more as an Ultra-marathon.  That will take you down scenic and memorable routes. Through some really tough times. But it will make you stronger. It will make you wiser.

If you do want to think of it as a race- run it as a marathon. If  you can think of it as otherwise, take your time, decide on what really excites you- and then make your move! Your boat is yours! It will stay docked till you are you ready to board.

Enjoy your life.

Make it memorable.

Help others.

More power to you!

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What Dalai Lama taught us about our life in a Startup

Posted by in Attitude, Business, Innovation, Leadership, Motivation, Personal Branding

 

Screen Shot 2015-06-10 at 10.01.43 am

Dalai Lama is undoubtedly an inspirational leader! He is one of the most positive human beings I have seen, heard and read about. While reading the Deccan Herald today, I came across these rules (18 of them and I picked the top 5 which I wanted to share -with some thoughts of my own pertaining to running your own Startup.

Rule 1: Take into account that great love and great achievement involves great risk.  Absolutely!  The rewards are always commensurate with the risks you take in life!  Take risks, of course, calculated ones- and see the rewards spilling out in the long run.  Leaving your corporate job and creating a startup is a risk. A major risk at the time when you leave.  Irrespective of the outcome, great achievements are round the corner -and you need to have complete BELIEF in that!  Go with the approach- and you will come out richer, better and stronger!

Rule 2: When you lose, don’t lose the lesson.  You will lose in many of the battles you take up.  Which is good.  Remember, they are not the end of the world.  As a startup, we lose customers- but we learn lessons from why we lost them.  Look for a learning in every misstep you take.  And the more you take, the more lessons that you learn – which makes you sharper in the longer run.

Rule 3: Not getting what you want is sometimes a wonderful stroke of luck.  Always!  It may be bitter and makes you feel even more desperate! Ultimately in the long run, it is all for a good reason.   We lost some great opportunities (it looked like that at that point in time), but in the longer run, we realised it was good that we did not win them.  Go with this attitude into many of your discussions- and you will end up a winner in the long run.

Rule 4: Learn the rules so you know how to break them.   The objective is not to break the rules. It is to understand how you can think out of the box and approach a challenge differently. Innovatively.   As an employee you end up always having to work the rules- but as an entrepreneur, you have a chance to reset the rules.  Follow that. For that- learn the rules first… and find ways of rewriting them.

Rule 5: Share your knowledge. Its a way to achieve immortality.   The Path of an entrepreneur is a lonely one.  But remember, there are a lot of people wanting to follow the same path.  Show them the road. Be free with the feedback. Help them navigate the path basis what you have learnt.  It is not about immortality- but it is highly satisfying- and that makes a big difference.  If you are a believer- then remember, it will all pay itself back in the long run.

Being a Startup has its share of risks & disappointments. But the rewards far outweigh the risks you take to do this. Irrespective of the outcome, you will also always emerge better than before – and that is the best outcome of becoming an Entrepreneur.

Go and try it. Live your life. Live it well.  Leave your mark in the world!

Thank you, Dalai Lama for these life lessons.

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3 Things Nestle should have done differently in India

Posted by in Business, Leadership, Management, Retail

viewimageThis is fast becoming a key case studies in Business Schools. Not for what they have done (they have done a tremendous amount of market innovation till date), but on what they have NOT done.

Nestle, almost single handedly created this market for Instant Noodles in India, and India today ranks 5th worldwide in this segment. That may all change since the Maggi fiasco has hit the industry as a whole. The sales have dropped by almost 80% for most of the leading brands, according to Economic Times.

But here are some interesting facts –
– Almost 39% of the Nestle Revenues in India comes from the sale of the Maggi 2 Minute Noodle.
– Nestle has a distribution network of around 2M Outlets/ distributors/ Sub distributors, where they sell their products. However, and according to Nielsen’s data, the Maggi Noodle reaches a whopping 47% of the country’s 8.8M Retail outlets – which means an additional 2M outlets sell these products.
– Out of the 450Cr Ad spend that Nestle has, almost 150Cr is spent on Maggi itself.

Without a doubt, this is one of the most critical products in their inventory- and they have achieved a significant reach of an extremely complex Indian market. Through sweat and blood.

And hence this question – Why is Nestle silent?

Here are 3 things, in my opinion, Nestle could have done differently to avoid reaching this rather desperate stage.

1. Reached out to their customers immediately– Possibly there really is an issue with the product. Possibly Nestle was worried about the fallout from this. Possibly they never thought it would snowball into such a big issue. But any way you look at it- Nestle should have reached out to the customers immediately and highlighted the issues that had been raised. They should have given a perspective of their own- and created a dialogue with customers. In a world driven by Social Media, Nestle was not visible. Period. And the customers had access to only one source- the Press.
2. Acted Immediately – Nestle should have taken immediate action and picked up products themselves and done the study immediately. They should have pulled out the products if they felt this was not appropriate. It should have given a refund to customers who had bought the products. It should have signed up all their resellers – and got them to be their agents in their messaging out to the customers. Ideally taken action when the first complaints were received. Nestle missed a great opportunity to do this.
3. Got their leadership team in front of the media – Nestle is a global giant. They know how to leverage the PR engines. They have great leaders. It was, and continues to be, quite surprising at the total lack of any visibility of their leaders at this time. The entire leadership team was missing – and possibly the biggest lesson. The Leadership team needed to take responsibility, and handle the entire fallout from this.

This offers some good lessons on leadership and strategic direction a company should take in times like this. Nestle failed. Now the wave has gone beyond their means -and even if the Government backs down, the loss of trust from the end users, will take a long time to overcome, if at all.

The above points are from my perspective and I would love to hear from you on more insights as to what you think Nestle should have done- differently and better.

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The Best Tool For Planning

Posted by in Leadership, Motivation, Personal Brand, Time Management

imageI have tried just about every possible way to keep track of my to-do’s (which are always behind schedule).  I tried reading books. I watched Videos. I downloaded Apps in my laptop, my tablet, my mobile phone.  I also paid (yes) for some apps (Wunderlist)

I did just about anything I could think of – to ensure I could get my life back in order.

Without luck.

After a long and hard search, I have reached a conclusion.

The best way to keep track of your activities is – write it down.

I read it in Brian Tracy’s book – Goals… almost 10 years ago… and it took me such a long time to follow what he advised then! Write the damn thing down! 

That is what I will do from now on.

I have it all written down.. look out for more blog entries Smile

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3 things you should do today to become irresistible to employers

Posted by in Attitude, Career, Hiring, Leadership, Motivation, Personal Effectiveness

Posted in LinkedIn. https://www.linkedin.com/pulse/3-things-you-should-do-today-become-irresistible-haja-sheriff

standing-out

Recently, A close friend spoke to me about a job that he was pitching for. This was a fantastic opportunity for him – and I got excited with the possibility of what he could do. To get this “once in a lifetime opportunity”, he was working on a pitch that could help him “blow the CEO away”. To be fair, I did nothing more that give him some tips, but the activity opened up some interesting thoughts in my mind.

Do you realize how many people actually do things that could help them differentiate themselves from other potential candidates applying for the same job?

Very few.

This applies to people who have many years of experience. Also Senior Executives making a move to other bigger opportunities in their career. For the majority, a pitch for a new role is printing out a resume (in many cases, not required anymore because of email) and reading up on the company (briefly) before getting to the interview.

Does that make you any different from the others?

No.

Here are 3 things that are required to make your brand IRRESISTABLE.

· Research

This is simple of course. Right?

Actually no.

In today’s world, where information is available on the click of a key, it is easy to collect information on the company you are pitching for.

Which you should. No doubt.

Also research the manager you are going to meet. Find out their background. LinkedIn is a great place to do that.

But think for a minute.

How does that make you irresistible to the hiring manager?

You are now, at best, on par with some of the other candidates who would have done exactly this.

Here are some tips that make your Research on the company relevant-

o Think about what the hiring manager is actually looking for. Look through the Job Description to see what the role really requires.

o Understand the problems they face. Most probably, you cannot know the issues internally- but you can look at the problem as a customer of theirs. For example- if you are pitching for a sales job, find out how they are selling the product today. If through partners, ask for a quote, talk to a few partners and get an understanding how it is done. Find out about the experience- and share that feedback with the hiring manager- as a pitch document.

o Speak to some ex-employees (and in today’s world you are all connected to each other through LinkedIn and other social media) and understand the challenges they face. See how you could solve the problems. Think about what you would do to solve their problem.

· Create a killer Pitch

Why should a pitch be made only by Startups to VC’s?

Think of this as an opportunity to showcase your strategic thinking, your ideas, and your approach to the business opportunity. An opportunity to change the discussion from being a dull “tell me about yourself” to a discussion between equals. Talk about the challenges and opportunities you see for the business. Share candid feedback with the hiring manager on what you have heard with details of whom you spoke to. You rapidly evolve from a “potential employee” to a Consultant, a partner, who gives precious insights while explaining why you would help them in the role.

This, if done well, could differentiate you from every other person who pitches for the role.

Why? Because this is hard work- and most people don’t do it.

Remember, the pitch document need not be very accurate, because you don’t know the real story on the inside. But it showcases your enthusiasm, your strategic thinking ability & your drive to make a difference.

Key ingredients to get any job.

In an instance a few years ago, I was approached by a headhunter for a role in Apple India. Considering I had no background in Consumer Sales, I went ahead and did my research including walking into a number of Apple Stores, where I asked questions to them like a customer. I consolidated that and gave the feedback to the Apple team when I went for the interview.

Did I get the job?

No. But I went right to the end of the line and met their entire leadership team before losing out to someone from Cupertino. For someone with no consumer background- it was great- and the learning has stuck since then.

· Feedback

Ask for feedback after the discussion. It is a great closure to the interview. Most of the times, the hiring manager, would respond with some thinking on what your pitch was. It will give you some insight into his thinking, and gauge where you were right and where you could do better. Also, more importantly, it will give you an insight into the Manager’s thinking and his willingness to listen to new ideas. It also gives you the control to then decide if you want to work with that manager or not.

By doing these three steps, you assure yourself of a discussion where you are seen as being different, a great prospect, and if your pitch is perfect, the best candidate for the job.

All it takes is to spend the time & take the effort.

Do I think my friend will get his job?

Absolutely.

Why- because he has a story that is brilliant -and an attitude, that is not easy to find. He will get it because he leaves behind his pitch document with the CEO, which will remind them, just what difference he could bring. If he does not get the job, it is not from want of trying. He has learnt so much more about the company, and the business they are in- and an opportunity to perfect his approach in his next discussion.

Make an effort to make a difference. It could be all that you need to get the job you have been dreaming of.

I am happy to help if you need any inputs on this.

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