Program for a Leading Indian Bank on Analyzing Data and Presenting Insights

The Landscape: The target audience for this session was the entire Human Resource team of one of the largest banks in India. The problem statement was interesting. The Head of the team wanted his team members to develop the capability to look at large masses of data, analyze it, be able to draw meaningful insights from it and then present to the top management.

Currently masses of data was copy pasted onto presentations and downloaded. This form of presentation did not help top management draw insights and take necessary action, either to course correct or look at alternative solutions

The Solution: The Human Resources department had several sub processes within it, each generating their unique data. We structured a program that focused on the fundamental principles of data analysis and viewing data to draw out insights. The idea was to help empower participants to

1. Analyze data, keeping in mind, the utility to business
2. Create a structured wire frame with clear goals and an easily understandable format to present data insights
3. Build a compelling narrative to present your data

The Result : Participants were able to review their current presentation style, study industry best practices on presenting data with insights and implement using workplace situations. They now had a clear template on reviewing, analyzing and presenting data using elements of story telling. The feedback from their managers, post the program was that there was a marked change in participant’s ability to structure and present data meaningfully.

KEY TO INNOVATION – Satya Nadella

Satya Nadella, Says This 1 Trait Is More Important than #Talent or #Experience. It’s Something Anyone Can Learn. You would think the leader of a company like Microsoft would look for talent or creativity or experience. And, I’m sure he does. It’s just not the most important thing.

Nadella, used just one word to describe where he thinks innovation comes from: #Empathy.

Nadella says:

“To me, what I have sort of come to realize, what is the most innate in all of us is that ability to be able to put ourselves in other people’s shoes and see the world the way they see it. That’s empathy. That’s at the heart of design thinking. When we say innovation is all about meeting unmet, unarticulated, needs of the marketplace, it’s ultimately the unmet and articulated needs of people, and organizations that are made up of people. And you need to have deep empathy.

So I would say the source of all innovation is what is the most humane quality that we all have, which is empathy”.

Businesses, as Nadella observes, “are made up of people.” Truly innovative companies are made up of people. Those people aren’t just focused on spreadsheets, product design, software code–they’re focused on people who use the products, software, or spreadsheets. They’re focused on empathy.

The one trait that Satya Nadella thinks is the Key to Innovation

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A successful experiment to reduce GENDER BIAS

How an organization was able to substantially reduce their #genderbias in their hiring process through a simple cost-effective method.

Till the 1970’s, the top five orchestras in the U.S. had fewer than 5% women. By 1997 they were up to 25% and today some of them are well into the 30s.

How did this happen?

A simple change in the procedure…

Candidates are situated on a stage behind a screen to play for a jury that cannot see them. In some orchestras, blind auditions are used just for the preliminary selection while others use it all the way to the end, until a hiring decision is made.

Even when the screen is only used for the preliminary round, it has a powerful impact; researchers have determined that this step alone makes it 50% more likely that a woman will advance to the finals.

It may not always be possible to have a completely gender blind interview. If we think out-of-the-box, towards this objective, we are likely to definitely make an impact!!!!

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