Is it possible to serve society & shareholders interests at the same time?

I came across this remarkable story of the turnaround of Denmark’s biggest energy company. They moved from Black to Green energy,during a crisis&are one of Europe’s most valuable energy companies.

In 2012, Danish Oil & Natural Gas, slid into financial crisis as the price of natural gas plunged by 90%. The board hired Henrik Poulsen, as the new CEO. Some leaders would go into a crisis-management mode, lay off workers till prices recover, Poulsen recognized the moment as an opportunity for fundamental change.

“We saw the need to build an entirely new company,” says Poulsen. He renamed the firm Ørsted. “It had to be a radical transformation; we needed to build a new core business & find new areas of sustainable growth. We looked at the shift to combat climate change& we became one of the few companies to wholeheartedly make this profound decision, to be one of the first to go from black to green energy.”

Today, Ørsted is the leader in offshore wind power.The transformation has propelled the company’s market value to US$30 billion.

The lesson for me is: it is possible to serve both interests of shareholders &society; you just need to have the vision &the determination to see it through

What are your lessons?

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OUR RESILIENCE TO THE PRESSURE OF INSTANT GRATIFICATION

40 Years of Stanford Research Found That People with This One Quality Are More Likely to Succeed

In the 1960s, a Stanford professor named Walter Mischel conducted the Marshmallow Experiment. It went like this.

Children (aged 4-9) were left in a room with 1 Marshmallow. The researcher said, if they waited 15 minutes, they would receive 2 Marshmallows. The researcher left the children alone in the room for 15 minutes.

Some children waited for 15 minutes to receive the 2 Marshmallows, some did not.

The interesting part of the study came several years later, when these children grew up as adults. The researchers conducted follow up studies for over 40 years and tracked each child’s progress in a number of areas.

The results showed that the children who were willing to delay gratification and waited to receive the second marshmallow ended up having

1. higher academic scores,

2. lower levels of substance abuse,

3. lesser marriages ending in divorce,

4. better responses to stress,

5. more job stability and higher career trajectories

6. generally better scores in a range of other life measures.

Resilience is defined by the ability to remain patient, stay the course & continue working, even when the going is tough.

Important question to ask ourselves:

1. Are we able to resist the first Marshmallow and reap the rewards of delayed gratification?

2. Do we have the patience to stay the course for the grand prize?

3. Are we resilient to the pressures of instant gratification that will often tempt us?

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Can you imagine taking an exam a day after giving birth?

I recently came across this story of a final year student B. Sc. Student from Bangalore that took her final exams, a day after she gave birth to a baby boy.

Giving birth is one of the most painful, joyful, challenging, life changing experiences that a woman goes though. For most of us, just surviving the first week is an achievement.

After reading this article, I marvelled at the determination and the sheer grit of the 20 year old that did this.

As the gritty girl sat to write her examination, her mother and new born infant were housed in the next room. She got up every 30 minutes, accompanied by an attendant to feed the baby.

To me, it was a story about “How I can do it?” as opposed to “How difficult it is?”. Often I have seen, when we decide to DO something, larger than ourselves, in pursuit of an inspiring goal, the entire eco-system comes out in support

What was heartening to see was the support she received from the college & her family.

It’s the story of exemplary willpower and unwavering support that her family and the college authorities gave, to keep alive the dreams of this extraordinary woman.

Read on…

https://timesofindia.indiatimes.com/city/bengaluru/she-wrote-exam-a-day-after-delivering-baby/articleshow/72407448.cms

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How should a leader behave in the face of a team failure?

When the chips are down, teams look towards their leaders for direction. How a leader responds determines the future of the organization and its defining culture.

I saw Mission Mangal recently & realized the opening scene is modelled around a famous incident that took place when Dr. APJ Abdul Kalam was faced with the SLV-3 failure.

Prof. Satish Dhawan took upon himself the failure of theSLV-3 Mission at a public Press conference. A year later, after a successful launch heattributed the success of the subsequent Mission to his team.

Dr Kalam said “I learned a very important lesson that day. When failure occurred, the leader of the organisation owned that failure. When success came, he gave it to his team. The best management lesson I have learned did not come to me from reading a book; it came from that experience,”

To my mind, this is a brilliant example of leading from the front and of Emotionally Intelligent Leadership at work.

This incident had a huge impact on Dr. Kalam’s mind and shaped his persona as a leader. He referred to this incident several times during his Presidency and subsequently too.

This is a favourite anecdote at Shradha HRD. One we quote quite often during our programs on Emotional Intelligence for Leaders. It is rare to have a leader that is secure enough to give credit to the team for successes and accept responsibility for failures himself.

https://www.indiatoday.in/science/story/chandrayaan-2-landing-how-abdul-kalam-dealt-with-the-failure-of-isro-first-satellite-launch-slv-3-in-1979-1596787-2019-09-08

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Planning Prioritization and multi-tasking was the topic of the Webinar we recently conducted for officers of a Navratna Public Sector Undertaking

Planning Prioritization and multi-tasking was the topic of the Webinar we recently conducted for officers of a Navratna Public Sector Undertaking.

Engaging an audience of a 100 participants required us to use several on-line tools to build engagement and keep the dialogue going. It’s interesting to see how much technology can add to the overall learning experience. Learning is an exciting and on-going process

The broad session flow included:

1. Setting SMART goals

2. A structured approach to stress free productivity

3. Tools for efficient time management

4. Multi-tasking and how it can be implemented in life

It is always heartening for us to receive feedback from participants where they talk about feeling empowered, after attending the webinar, to make meaningful changes in their lives.

As facilitators, we enjoy the bonhomie and bonding that takes place during a face-to-face session. The pandemic and the new normal has necessitated changes in the way we reach out to participants. Every webinar is different as the needs of the audience are different. It’s challenging and keeps us in the “innovation” mode.

For us it’s been a time of immense learning and we have loved the process of creation!!!

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How can you leverage Work From Home in the future?

Are you convinced that Work From Home is really the way forward?

Is this a sustainable, permanent solution for the future?

Most friends and colleagues that I have recently spoken to, are really looking forward to coming back to the office. The novelty of working from home seems to have worn off. Colleagues cite several reasons for wanting to come back to work:

1. They miss the connect of being with people

2. Coordination, especially across locations often becomes a challenge

3. Technology glitches often end up wasting valuable time

4. Training new members that join the team is particularly difficult

Most CEOs across the world feel that permanent work from home is not a sustainable option for the future.

However, there have been some valuable lessons from the Work From Home experience:

1. Minimum outages due to extraneous reasons: when there are contingencies like bad weather, lockdowns, shutdowns etc, it is now possible to continue business as usual

2. Measuring productivity of WFH possible: after the lockdown, there is a clear system in place to track output. This makes it easier for companies to be more flexible with Work From Home if someone is sick with a cold, needs to just be at home

3. Limited Work From Home to promote Gender inclusion: For most Indian companies a 4 day work week at office would have been unthinkable. The lockdown has shown staggered working is possible & productive. For working mothers, this could be a tremendous retention tool

This article gives the pros and the cons of Work From Home.

Read on…

https://www.bizjournals.com/chicago/news/2020/05/07/ceos-want-employees-in-the-office.html

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Conducted a webinar on Influencing without Authority for a Petroleum Refining Company

We had a full house for the #InfluencingwithoutAuthority Webinar that we conducted for a Petroleum refining company.

It was pouring that day in Mumbai (where several participants had logged in from) and we anticipated connectivity issues, however the Technology Gods were smiling on us and the program went off without a hitch.

Most people believe influencing others is about casting a magic spell on the other person with slick talk. However, nothing could be further from the truth.

In order to influence someone, there are 2 things that are critical, even before you enter the Influencing conversation:

1. The other person has to know that you have their best interest at heart

2. There must exist #Trust and a meaningful relationship

Influencing someone is not about brilliant oratory but really about striving for the elusive Win-Win

The participants who were managers from across functions in the organizations, often needed to #influence customers, key stakeholders & even teenage children. They felt it was 2 hours well spent & walked away feeling they had learn a valuable lesson in influencing.

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HANG ON for the drop that will turn the tide

A story to inspire you to just HANG ON…

Organic Chemistry was not on top of my list of favourite subjects at school but there was 1 experiment I loved doing in the lab…The Titration experiment.

I loved guessing which drop is going to turn the mixture pink. It was fascinating!

Reading the much read story about Kentucky Fried Chicken reminded me of this experiment

At 65, Colonel Sanders was broke, lived in a tiny house &lived off of $99 social security checks. He decided things had to change &thought about what he had to offer. His friends raved about his chicken recipe.

He left Kentucky and travelled to different states to try to sell his recipe. He told restaurant owners that he had a mouth-watering chicken recipe. He offered the recipe to them for free, just asking for a small percentage on the items sold.

He heard NO over 1000 times but didn’t give up. He believed his chicken recipe was something special. He got rejected 1009 times before he heard his first yes.

With that one success Colonel Hartland Sanders changed the way Americans eat chicken. Kentucky Fried Chicken, popularly known as KFC, was born.

What I find fascinating about this story is..

1. At 65, most people think about retirement. Colonel Sanders decided to challenge himself & make it count.

2. Most of us would have given up long before we reached a 1009 rejections but he persevered on

For all of us that are struggling at this time… you never know, which drop is going to turn the tide in your favour, which chance meeting, which interview…HANG ON

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How do you overcome Gender Biases in hiring: a successful experiment

In an attempt to overcome gender-biased hiring, a vast majority of symphony orchestras in the US revised their hiring practices from the 1950s. Many orchestras opened up their hiring process to a range of candidates, rather than only hiring musicians who were handpicked by the conductor.

A number of orchestras adopted “blind” auditions whereby screens are used to conceal the identity and gender of the musician from the jury. In the years after these changes were instituted, the percent of female musicians in the five highest-ranked orchestras in the nation increased from 6 percent in 1970 to 21 percent in 1993.

Gender biases in hiring continue even today.

I recently attended a Women Entrepreneur conference. There was a lady, a successful venture capitalist that was delivering the keynote address. While talking about biases at the workplace, she related a story that stayed with me for many days.

In a previous job with a Fortune 500 company, the HR team conducted an experiment. They sent 2 CV’s for the same job description for a fitment check. The interesting part of the experiment was that the CV actually belonged to the same person…the name on 1 CV was male and on the other was female. The fitment results for the CV which had the male name was much higher than the CV that had the female name.

The biggest challenge is that most people are unaware of their biases. You cant really improve a condition you don’t even know exists.

Building Awareness of Unconscious Biases’ and making the Hiring process “Objective” and “Neutral” is key to promoting  Gender Diversity !!!!!

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The 4 Things You Can’t Do On a Video Call

Do we really need to go back to a physical office or is Work from Home the best way going forward???

This was a question that would have been a no brainer before the pandemic hit us. Permanent Work from home was really not an option for most.

The question now is…is permanent #workfromhome the best option?

Like a lot of us, I spent 3 months #workingfromhome and I must say I did enjoy the downtime I got because of no commute.

1. I was able to spend quality time with family & friends (over a video call)

 2. Complete some value add tasks that would not previously have been possible in the office-home-office grind

 3. Enjoy the increased “me” time

However, if this were a permanent state of affairs& I could only communicate with my team over a video call, here’s my take on it:

1. I can’t build “Social Capital” over a video call. The conversation is mostly transactional (There is a reason Face to Face communication is considered the richest medium of communication)

 2. I can’t have informal coaching conversations over a video call. (Formal sessions through a blocked calendar have their utility but conversations over a cup of coffee are priceless)

 3. I can’t reach out and “be there” if someone really needs the help. (In a physical setting its much easier to help someone tide over a particularly difficult phase)

 4. Lastly and possibly most importantly, I can’t replicate the joy of being a part of a team.

 An interesting take on Work from Home:

Read on….

https://timesofindia.indiatimes.com/blogs/big-mood/the-things-you-cant-do-on-video-call/

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15 sessions of fun-filled learning: Virtual Campus to Corporate

We recently concluded an absolute fabulous 2 weeks of virtual learning with a Global Pharma company.

Owing to the Pandemic, we had participants logged in from their homes across the country.

Our challenges for the program were:

 1. Replicate a high energy classroom Campus to Corporate program virtually

 2. Keep participants engaged through the long intervention

 3. Manage technology disruptions

 4. Instill a learning mind-set into students that were learning from their homes & were stepping into the workplace for the first time

  Our Solutions:

 1. Leverage technology and gamify content to make learning fun

  2. Use workshop activities to develop a connect between teams & with the facilitator

  3. Keep the cameras on and encourage active participation, just like we would do in a regular classroom

  4. Set clear guidelines for participation and conduct

 The group of trainees we had were absolutely fantastic. Completely engaged throughout, extremely enthusiastic about learning and completely committed to the program.

Running a long intervention virtually comes with its set of challenges but the sessions were high on energy and learning throughout. Extremely satisfying outcomes !!!!!!

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What can Women do to support other Women in their journey’s towards Growth and Resilience?

I came across this incredible story of Deepika: Domestic Help by Day, Stand-Up Comic by Night

The story is an ode to #resilience and #womenpower. However, for me there was another take-away; about the people that helped Deepika on her journey.

In her tedious routine of earning money for her family of five, cooking for five homes and travelling by local train, Deepika finds humour—the kind that she shares when she takes the stage at stand-up comedy shows.

Deepika was supported by:

1. Sangeeta Das, at whose home Deepika works, who arranged a talent show for the “bai log.”& encouraged her to take her jokes to the stage. No one usually does that, right?

2. Rachel Lopez, who works with the Hindustan Times, spotted Deepika at her first show and knew she had a good future in comedy. She connected her to Aditi Mittal.

3. Aditi Mittal, an established comic in India, recognisedDeepika’s talent. She took her to shows where she performed and mentored Deepika. Gradually, they shot an episode of ‘Bad Girl’ together.”

Deepika is an immense talented,incredible Woman with huge reserves of resilience but she was helped in her journey by 3 Women that went out of their way to help her discover and reach her potential.

What would the world look like, if we could help 1 Deepika?

Read on….

https://www.thebetterindia.com/153761/deepika-mhatre-mumbai-domestic-help-stand-up-comedian/

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You’re not stuck with the Brain you are born with: the Miracle of Neuroplasticity

During “Move Up”, a program series to empower women managers at a Global Consulting Company, a participant stood up and said the following:

“Even with the best intentions, I am unable to control my emotions when I perceive that someone is being unfair to me. I wish I could do something about my reactions. I’m just stuck with this issue.”

To me, this came across as a plea for help& not someone looking at finding excuses for their behavior. The lady was extremely talented & had done very well in her career so far. She felt this was a major stumbling block in her life.

We discussed the concept of Neuroplasticity and the research that now shows; we are not stuck with the brain we are born with. Science believed our brains were hardwired at birth. Now we can we can “will”our mind to change.

This was no longer about will power& #selfawareness, but was something that had been demonstrated through actual documented research.

The key to making this change is to pay attention to what you wanted to change. When you pay attention to “what” you want to change & you focus your mind on it, this can actually result in physical changes to the brain structure & make what you want, actually come to life.

In other words, when you envision your end goal, you — and your brain — can work towards recreating it real life.

Read on for some exercises to “Change the Shape of your Brain”…

https://www.cnbc.com/2019/04/03/deepak-chopra-sanjay-gupta-simple-trick-to-training-your-brain-for-success-according-to-neuroscience.html

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Can you rewire your brain for success?

Science is now proving that this is possible to do.

Philosophers have talked about the power of thought for centuries. Now we see evidence in research labs about “our inner ability to transform ourselves”.

Our habits, patterns, addictions (i.e. checking your smartphone when your hands are idle, nervous gestures etc) get ingrained into our brains, which strengthen the neuropath ways for this type of behavior.

The things you repeatedly do are the things that get strengthened in your personality. It becomes a part of your mental make up because you establish stronger neural connections through practice.

So ask yourself:

What behaviors do I want to reinforce?

What do I want to do in this lifetime?

As we develop new skills and continue to work at a desired behavior, changes occur both functionally and structurally within our brains. This is now proven through research.

All it takes to rewire your brain for success is a strong commitment and a lot of practice.

But it’s worth it, don’t you think?

Read on….

https://blog.myneurogym.com/neuroplasticity-train-your-brain-for-success

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Why do Women outperform men academically & not at the workplace?

Why do Women outperform men academically & not at the workplace?

Historical data tells us that girls outperform boys at the school and even college level.

Why is it that we don’t see a continuation of this at the workplace?

Beyond the needs of the family, a key reason identified for high performing Women, not getting to the top of their professions is that Women tend to be largely reticent in talking about their achievements & their USP’s : creating their personal brand.

We recently conducted a series of programs for Women Managers at a Global Telecom Company.

Some questions we explored were

1. What is Personal Brand?

2. What is your Personal Brand?

3. What are the tools you can use to build a powerful personal brand?

4. How can you use social media to network & enhance your brand?

Shradha HRD is a Women dominated organization and it is immensely fulfilling to conduct Programs where we can share our experiences gathered over 20 years to help empower Women Managers.

We are grateful to our clients that continue to give us interventions like these, that allow us to add value in so many different ways !!!!!!!

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Why are Women referred to as the weaker sex?

This is a story that celebrates Women’s inherent strengths

The lockdown has been difficult for everyone. Women have been particularly impacted by the economic slowdown. Some have been at the receiving end of domestic violence that has been on the rise lately.

I recently came across this story that demonstrates what Women are capable of achieving, if they are given the opportunity.

The heroines of this story are not well educated, nor from affluent backgrounds. They live in the district of Gonda in Uttar Pradesh.

When the lockdown was enforced, many women lost the odd jobs they were doing as labourers. A Self Help Group of 40 women used the time to grow and nurture saplings and now have more than 5 lakh saplings potentially worth Rs. 30 lakhs.

The National Rural Livelihood Mission provided the training but the women utilized the opportunity to create true value.

Villagers that initially laughed at their efforts are now supportive of them.

It is my firm personal belief that Women are already empowered. Most of the time they just need an environment that will allow them to showcase their talents and reach their potential

The guiding principle for our Diversity and Inclusion programs is that Women don’t need to be taught skills to Grow, they just need to be given the space & support to discover their talents.

Who better to provide that support, than Women themselves?

This is a shining example of Women living up to their potential, empowered with support from each other!!!!!

Read on…

https://timesofindia.indiatimes.com/city/lucknow/gonda-women-shg-raises-nursery-of-5-lakh-saplings-worth-rs-30-lakh/articleshow/76440903.cms

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Is your Heart at Peace or at War? Resolving the Heart of the Conflict

During a recent Webinar that I co-facilitated, a participant asked me a question most of us have grappled with at some point in our careers:

How do I deal with a stakeholder that is nasty & argumentative?

My mind immediately went to: “Is your heart at Peace or at War”?

This is the foundational principle of the “Anatomy of Peace”, a book which is the story of Yusuf al-Falah, an Arab, and AviRozen, a Jew, each lost his father in the Arab-Israeli conflict.

The story revolves around how both these men moved past their bloody histories, their hate, pain and animosity &and how they came together to help warring parents and children resolve their differences and find peace in their relationships.

When we approach a conflict, most often we do it with a heart that is full of anger & a mind that says “I am right”. This comes in the way of us being able to see the other person’s perspective, leading to a far deeper conflict.

The solution is really simple, when you walk into a conflict situation, you need to ask yourself, “do I really want to find a solution or do I want to be proven right”?

If your heart is at peace and you truly want to resolve the conflict, you will be able to remove your ego, personal hurt & the accompanying negative feelings. You will be able to “see” the other’s viewpoint. This attitude is enough to resolve most conflicts.

On the other hand, if you really just want to be proven right and then you approach the conflict, your heart is really at War. With this attitude, in all likelihood you will say and do things that will lead to an escalation of the conflict and not a move towards a resolution.

When you approach a conflict situation, ask yourself the following questions:

1. What is it that I really want from this situation? What is my best case scenario?

2. What could the other person be thinking, feeling, seeing, hearing?

3. What can I do that could move the situations towards a resolution?

You may not be able to resolve every conflict satisfactorily & you might still have unpleasant stakeholder situations but the one thing that will change is that you will take the correct steps to resolve the conflict. This will bring peace to your mind.

The next time you walk into a conflict, just ask yourself “Is my heart at peace or is at at war”?

Try it…the results may surprise you !!!!!!!!!!!!

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How do you define Growth? What is a Growth Mind-set?

Growth means different things to different people.

However ”Growth is a Function of Excellence”

Amul S Bahl the founder of Shradha HRD an M Tech from IIT Delhi, talks about what a Growth Mind-set really is:

1. Self awareness of your own potential

2. Developing the skills to support your potential

3. Capitalizing on opportunities that come your way

We at Shradha HRD believe that a Growth Mind-set is nurtured through developing #selfawareness, consistently working at building the necessary skills to #reachyourpotential and discovering opportunities where others see none.

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Why should it take a lockdown for us to embrace Change?

Work from Home was concept that was completely alien to Indian Companies. The lockdown changed all that!!!

For a work culture that’s taken pride in long hours, constant monitoring of productivity, and strict attendance, suddenly not being face to face proved a challenge. The initial days were tough.

CEO’s of several Indian companies initially expressed reservations on the entire WFH concept. Subsequently they realized that given the right policies, WFH actually worked in the organizations favour.

So what changed?

1. Shorter and more focused meetinghas led to an increase in Productivity

2. Measuring output instead of policing has produced higher levels of engagement

3. Flexibility in allowing people to work out their schedules has worked in favour of organizations

4. Commute time was spent on learning: personal & professional

The learning for me in all this is flexibility and openness to experiment and change should be a cornerstone of our work culture. We should not need a Pandemic to force us to experiment and uncover possibilities!!!!!!

Read on for positive experiences of WFH for Leaders at India Inc.

https://www.mid-day.com/articles/how-indian-corporate-firms-have-managed-a-successful-wfh-culture-amid-lockdown/22816290

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Moving the Human Resource Department from a support function to a Business Driver

The COVID 19 pandemic should be viewed as an opportunity to grow and not to slow down.

It sounds counter intuitive but I personally feel it rings true. The more I think about it, the deeper grows my conviction.

The Human Resource function has often been regarded as a support function. Thanks to the pandemic, it has now become a critical function.

1. To ensure business continuity

2. To prevent isolation

3. To provide a clear line of sight through ongoing communication

4. To balance economics and empathy

It is the HR department that has taken the lead… and its obviously an opportunity to take centre stage.

Some steps that the HR leaders at companies like HUL, Flipkart, Deloitte and Dunzo have taken include:

Continuous coordination with state governments and local authorities

Virtual bonding initiatives (like meetups, discussions, webinars and games) to boost morale

Engage more actively and intently with employees, without any agenda

Set up systems to Monitor employee productivity online through a structured work plan

Evolve a clear communication strategy,

Deploy digital tools like a 24×7 employee assistance helpline, i

Inspire employees to take voluntary pay cuts

These steps have been at the forefront of their respective company’s proactive response to the pandemic & the HR departments have been the face of the response

Read on…..

https://www.forbesindia.com/article/coronavirus/human-resources-during-a-pandemic/59339/1

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