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    The document summarizes key points from a discussion between Professor Ram Nidumolu and Shiv about leadership challenges during the COVID-19 disrupted world. It outlines 8 disruptions including: 1) Slowing global and Indian economies, 2) Shorter time horizons for CEOs, 3) Accelerated digital shift, 4) Redefining core vs non-core business, 5) Embracing long-term work from home policies, 6) Increased social media scrutiny of companies and leaders, 7) Heightened risk environment, and 8) Focus on health and well-being ideas. The discussion emphasizes the need for leaders to create momentum despite challenges, embrace digital transformation, accept radical feedback, and focus on long-term

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    The document summarizes key points from a discussion between Professor Ram Nidumolu and Shiv about leadership challenges during the COVID-19 disrupted world. It outlines 8 disruptions including: 1) Slowing global and Indian economies, 2) Shorter time horizons for CEOs, 3) Accelerated digital shift, 4) Redefining core vs non-core business, 5) Embracing long-term work from home policies, 6) Increased social media scrutiny of companies and leaders, 7) Heightened risk environment, and 8) Focus on health and well-being ideas. The discussion emphasizes the need for leaders to create momentum despite challenges, embrace digital transformation, accept radical feedback, and focus on long-term

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    20 views32 pages

    Isb 1 PDF

    Uploaded by

    YOGENDER KUMAR
    The document summarizes key points from a discussion between Professor Ram Nidumolu and Shiv about leadership challenges during the COVID-19 disrupted world. It outlines 8 disruptions including: 1) Slowing global and Indian economies, 2) Shorter time horizons for CEOs, 3) Accelerated digital shift, 4) Redefining core vs non-core business, 5) Embracing long-term work from home policies, 6) Increased social media scrutiny of companies and leaders, 7) Heightened risk environment, and 8) Focus on health and well-being ideas. The discussion emphasizes the need for leaders to create momentum despite challenges, embrace digital transformation, accept radical feedback, and focus on long-term

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    of 32

    Leadership in a Disrupted world

    ISB Hyderabad Session


    Shiv Discussion with Professor Ram Nidumolu
    19 th June 2020
    We have a new reality now…
    The lockdown in context…

    • 3 months of lockdown as % of average life … 3/72x12 = 0.3%

    • 3 months of lockdown as % of your career … 3 /30 x 12 = 0.8%

    • 3 months of lockdown as % of avg CEO tenure …. 3/4x12 = 6%


    That’s significant for a CEO
    I see 8 disruptions..
    Disruption 1
    The Economy
    the economy had slowed down
    1. Past - World GDP growing at 3% , India GDP at 7%
    2. Quarter 1 2020 -
    World GDP growing at
    1% , India GDP at 4%
    3. Post Covid- World
    GDP negative, India
    GDP negative
    How does one create momentum in the
    Sea with buffeting winds pushing you back
    Disruption 2 :
    Time Horizon
    CEO Game last
    three months of
    COVID - T 20
    Got involved in every ball, decision
    CEO Game has
    to shift to a test
    match now
    Have a strategy and let it play out
    Disruption 3 : Digital

    CEOs went to sleep in a physical world


    and woke up in a digital world with COVID
    a la Rip Van Winkle
    Stark gap in digital business model thinking

    CEOs idea of digital Consumers have gone digital FAST


    Top Countries - Non-Cash & Mobile Transactions
    2017 2020 Est
    Worldwide Non-cash Transactions ($billion) Global Mobile Wallet Market Value ($billion)

    1 USA 147.3 1 China 800

    2 China 64.9 2 USA 116

    3 Brazil 31.0 3 UK 14.9

    4 UK 29.5 4 India < 10

    5 S. Korea 25.7 5 Brazil < 10

    Europe comes second as a whole, kept out for country level comparison

    538.6 Billion $1 Trillion


    Disruption 4:
    Defining Core
    and Non Core
    PSU Oil company

    Core Non core


    Disruption 5:
    WFH- Embrace
    it or Forget it?
    CavinKare Head Office shut down
    Disruption 6 –
    Social media scrutiny
    My Private Voice vs The Institution
    Police in the USA
    Facebook, Google
    Employees are using their private voice against public companies
    Bollywood
    Disruption 7 - Risk
    Risk
    management
    Disruption 8:
    WiHi :
    Wealth in
    Health ideas
    My personal reflections
    KUBLER ROSS CHANGE CURVE MODEL
    This cannot happen in my city

    Try new things

    Everyone has a
    Depressing story
    to tell

    Lockdown, No chance? Some ideas generated


    I asked 100 people to give me feedback on
    my leadership over the last 3 months
    Did well Could do more/less
    • Visible and felt communication, Morning • Strategy team, attend more meetings(3)
    Wapp, weekly notes ( 85) • Deep dive in some areas ( 1)
    • Open, transparent, seeks feedback ( 70 ) • Pull up but not too much (1)
    • Cool, calm, composed ( 68) • Should have gone home (1)
    • Hi Energy-speed, agility ( 65) • More Patience(1)
    • Focus on safety ( 60) • Tough but be flexible (1)
    • Encouraging, motivating ( 55)
    • Focus on training (50) My lesson via this exercise:

    Indians find to difficult to give challenging yet


    constructive feedback to the boss
    In Conclusion – we need Leaders not Managers
    • There is a new reality
    • Create energy and momentum on your own
    • Digital has to be center stage now, no option
    • Radical Candor needed
    • Leaders must rethink risk
    • Social Media will be a tough arena for leaders
    • WiHi – Wealth in Health Ideas
    • Leaders will be judged through a very critical lens
    • This is not the time for leadership popularity
    Thank You

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