ten things that are happening around us and ten ways india's students batch of 2010 should be...
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This fun, 'moonshot' talk takes a 30,000 feet view of where the world is headed and an MBA student's place in it. Talk delivered to 2nd year students at AICAR Business School, Neral, near Mumbai, in 2009.TRANSCRIPT
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10 Ways the Batch of 2010 10 Ways the Batch of 2010
should prepare for the should prepare for the
changing worldchanging worldchanging worldchanging world
Rohit VarmaRohit Varma
Fortune Institute of International Business, DelhiFortune Institute of International Business, Delhi09.12.0909.12.09
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10 ways the world is changing 10 ways the world is changing
and and
10 things the Batch of 2010 10 things the Batch of 2010
should be ready for itshould be ready for itshould be ready for itshould be ready for itan alternate titlean alternate title
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The Changing World !The Changing World !
One only needs to prepare for change One only needs to prepare for change (what doesn’t change needs no (what doesn’t change needs no preparation)preparation)
This presentation is a look at longThis presentation is a look at long--term term This presentation is a look at longThis presentation is a look at long--term term changes that are going to have a major changes that are going to have a major impact on impact on youryour life & careerslife & careers
These changes are already underway but These changes are already underway but will take decades to play out fullywill take decades to play out fully
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Actually, the world changes very Actually, the world changes very
slowly, if at allslowly, if at all
HomoHomo (genus) ~ 6 million years (apes)(genus) ~ 6 million years (apes)
Homo SapiensHomo Sapiens ~ 200,000 years ago till 10,000 ~ 200,000 years ago till 10,000
years ago (hunteryears ago (hunter--gatherers)gatherers)
Civilization ~ 10,000 years ago till now (farmers)Civilization ~ 10,000 years ago till now (farmers)Civilization ~ 10,000 years ago till now (farmers)Civilization ~ 10,000 years ago till now (farmers)
Industrial revolution ~ 200 years till now Industrial revolution ~ 200 years till now
(workers)(workers)
Information revolution ~ 50 years ago till now Information revolution ~ 50 years ago till now
(knowledge workers)(knowledge workers)
The Industrial and information ages are still The Industrial and information ages are still
playing out… changes happen over decadesplaying out… changes happen over decades
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10 ways the world is changing10 ways the world is changing
1.1. Globalisation on the marchGlobalisation on the march
2.2. New global powers : China, BRICNew global powers : China, BRIC
3.3. Sustainability : World has run out of resources Sustainability : World has run out of resources
4.4. Climate changeClimate change
5.5. Urbanization on the riseUrbanization on the rise5.5. Urbanization on the riseUrbanization on the rise
6.6. Demographics are changing Demographics are changing
7.7. Knowledge explosion & Science discoveries Knowledge explosion & Science discoveries
8.8. Information & Communication Technologies on Information & Communication Technologies on the marchthe march
9.9. Power of the Individual & collaboration among Power of the Individual & collaboration among individuals increasingindividuals increasing
10.10. ??
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1. Globalization is on the march,
affecting economies, society and
cultures
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2. China & other nations are
rising
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3.Sustainability:
The planet & it’s resources
are under pressure
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•
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Better Place electric car, Israel
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4. Climate is changing !
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5. Urbanization, already at 5. Urbanization, already at
record levels, is increasing record levels, is increasing
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6. Demographics :6. Demographics :
OlderOlder populations in populations in developeddeveloped
economies and economies and youngyoung
populations in populations in developingdeveloping onesonespopulations in populations in developingdeveloping onesones
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7. 7. KnowledgeKnowledge is exploding, is exploding,
dramatic new advancements in dramatic new advancements in
sciencesciencesciencescience
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8. Information and 8. Information and
Communication Technologies Communication Technologies
are marching onare marching onare marching onare marching on
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2 billion people have Internet access. 3 billion have
cellphone access. Cellphones are the fastest
growing communications device in the history of the world.
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9. The 9. The individualindividual is becoming is becoming
more more empoweredempowered
and and
collaborationcollaboration is becoming a very is becoming a very collaborationcollaboration is becoming a very is becoming a very
successful strategysuccessful strategy
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New business models are New business models are
emergingemerging
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N=1 & R = G : Case studiesN=1 & R = G : Case studies
Case Studies :Case Studies :
-- TutorVistaTutorVista-- Goodyear Tyres ‘Fleet Solutions’Goodyear Tyres ‘Fleet Solutions’
Product => ServiceProduct => ServiceProduct => ServiceProduct => Service
Transaction => RelationshipTransaction => Relationship
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N = 1N = 1
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But are the following changing ?But are the following changing ?
��Poverty & development Poverty & development
��Democracy & political freedomDemocracy & political freedom
��PeacePeace
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10 ways the world is changing10 ways the world is changing
1.1. Globalisation on the marchGlobalisation on the march
2.2. Global powers : China, BRICGlobal powers : China, BRIC
3.3. Sustainability : Resources inadequate Sustainability : Resources inadequate
4.4. Climate changeClimate change
5.5. UrbanizationUrbanization5.5. UrbanizationUrbanization
6.6. Demographics Demographics
7.7. Knowledge explosion & Science discoveries Knowledge explosion & Science discoveries
8.8. Information & Communication Technologies on Information & Communication Technologies on the marchthe march
9.9. Power of the Individual & collaboration among Power of the Individual & collaboration among individuals increasingindividuals increasing
10.10. ??
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10 ways 10 ways you you can better cope can better cope
with the changing world.. with the changing world..
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10 ways the batch of 2010 should 10 ways the batch of 2010 should
prepareprepare
1.1. Learn the Habits which make you ‘effective’ Learn the Habits which make you ‘effective’
2.2. Get high level English skills Get high level English skills
3.3. Be ‘Smartly Connected’ Be ‘Smartly Connected’
4.4. Use Online Learning resourcesUse Online Learning resources4.4. Use Online Learning resourcesUse Online Learning resources
5.5. Brand Yourself Brand Yourself
6.6. Be Entrepreneurial Be Entrepreneurial
7.7. Pay attention to Health & FitnessPay attention to Health & Fitness
8.8. An essential Life Skill for the 21An essential Life Skill for the 21stst Century MBA !Century MBA !
9.9. Have a HeartHave a Heart
10.10. ? ?
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1. Learn habits that can make 1. Learn habits that can make
you highly effective you highly effective
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KnowledgeKnowledge
(what to, why to)
EFFECTIVE HABITSEFFECTIVE HABITS
DesireDesire
(want to)
SkillsSkills
(how to)
HABITSHABITS
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CIRCLE OF
INFLUENCEINFLUENCE
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IndependenceIndependence
InterdependenceInterdependence
PUBLICVICTORY
4. Seek First to Understand… Then to beUnderstood
6. Synergize
5. Think Win/Win
THE SEVEN HABITS PARADIGMTHE SEVEN HABITS PARADIGM
IndependenceIndependence
DependenceDependence
PRIVATEVICTORY
3. Put First Things First
1. Be Proactive
2. Begin with the End in
Mind
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2. Develop English skills of a 2. Develop English skills of a
high orderhigh order
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EnglishEnglish
A “StomachA “Stomach--feeding language”feeding language”
Language for globalising worldLanguage for globalising world
The Chinese are ahead of usThe Chinese are ahead of us
Learn to listen, write, read & speakLearn to listen, write, read & speakLearn to listen, write, read & speakLearn to listen, write, read & speak
Learn on the Net, subscribe to ‘word a Learn on the Net, subscribe to ‘word a day’, presentation skillsday’, presentation skills
Take English proficiency exam e.g. Take English proficiency exam e.g. Cambridge ESOLCambridge ESOL
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3. Be ‘smartly connected’ :3. Be ‘smartly connected’ :
Use right gadgets and have Use right gadgets and have
good connectivitygood connectivitygood connectivitygood connectivity
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Learn to use/like technologyLearn to use/like technology
The more you use technology / Internet, The more you use technology / Internet, the better you become at itthe better you become at it
India traditionally not a good consumer of India traditionally not a good consumer of technologytechnologytechnologytechnology
Master Internet the way you master Master Internet the way you master driving, cooking, etc.driving, cooking, etc.
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Right gadgets & connectivityRight gadgets & connectivity
Laptops ? Laptops ?
High speed Net connectivity High speed Net connectivity
MobileMobile
GPRSGPRSGPRSGPRS
Kindle ?Kindle ?
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4. Use online learning 4. Use online learning
resourcesresources
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Online Online videovideo learning resourceslearning resources
YouTube EducationYouTube Education
TEDTED
MIT WorldMIT World
MIT’s Open Course WareMIT’s Open Course WareMIT’s Open Course WareMIT’s Open Course Ware
iTunes UiTunes U
Blip.tvBlip.tv
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2 billion people have Internet access. 3 billion have
cellphone access. Cellphones are the fastest
growing communications device in the history of the world.
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5. Brand Yourself5. Brand Yourself
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Me Ltd. Me Ltd.
Build your personal brand : stand out from Build your personal brand : stand out from the othersthe others
Use free tools on the Internet for this Use free tools on the Internet for this purpose : purpose : purpose : purpose : -- websitewebsite-- blogsblogs-- podcastspodcasts-- multimedia CVmultimedia CV-- participate in Facebook,Twitter,..participate in Facebook,Twitter,..
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Free website creation toolsFree website creation tools
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Free photoFree photo--editing toolsediting tools
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6. Inculcate “design” thinking 6. Inculcate “design” thinking
(problem(problem--solving thinking)solving thinking)
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7. Be entrepreneurial7. Be entrepreneurial
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On being entrepreneurialOn being entrepreneurial
Indian society has not encouraged Indian society has not encouraged entrepreneurshipentrepreneurship
Nurture your passions : It is easier than Nurture your passions : It is easier than before before before before
People in large organizations are ‘not People in large organizations are ‘not engaged’ about their workengaged’ about their work
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“The trouble with the rat race is “The trouble with the rat race is
that even if you win, you are still that even if you win, you are still
a rat”.a rat”.a rat”.a rat”.
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Entrepreneurship 2.0 Entrepreneurship 2.0
1.1. Build what you want to useBuild what you want to use
2.2. Pay 0 Rs. for toolsPay 0 Rs. for tools
3.3. Pay 0 Rs. for marketingPay 0 Rs. for marketing
4.4. Suck down / acrossSuck down / across
5.5. Use Twitter and TweetmemeUse Twitter and Tweetmeme
6.6. Pay 0 Rs. for peoplePay 0 Rs. for people6.6. Pay 0 Rs. for peoplePay 0 Rs. for people
7.7. Put everything in the cloudPut everything in the cloud
8.8. Ship then testShip then test
9.9. Forget venture capitalForget venture capital
10.10. Niche thyselfNiche thyself
11.11. Don’t let the bozos grind you downDon’t let the bozos grind you down
From a presentation by Guy Kawasaki at NasscomFrom a presentation by Guy Kawasaki at Nasscom
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8. Pay attention to health & 8. Pay attention to health &
fitnessfitness
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Health & fitnessHealth & fitness
New research shows Indians more prone New research shows Indians more prone than others to key diseasesthan others to key diseases
We all have sedentary lifestyles We all have sedentary lifestyles
Constantly being on PC is a concernConstantly being on PC is a concernConstantly being on PC is a concernConstantly being on PC is a concern
Sports teaches various people skillsSports teaches various people skills
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8. An essential life skill for the 8. An essential life skill for the
2121stst Century MBACentury MBA
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9. Have a heart 9. Have a heart
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10 ways the batch of 2010 should 10 ways the batch of 2010 should
prepareprepare
1.1. Learn the Habits to become effective Learn the Habits to become effective
2.2. Get high level English skills Get high level English skills
3.3. Be ‘smartly connected’ Be ‘smartly connected’
4.4. Use online learning resourcesUse online learning resources4.4. Use online learning resourcesUse online learning resources
5.5. Brand Yourself Brand Yourself
6.6. Be Entrepreneurial Be Entrepreneurial
7.7. Pay attention to Health & FitnessPay attention to Health & Fitness
8.8. An essential Life Skill for the 21An essential Life Skill for the 21stst Century MBA !Century MBA !
9.9. Have a HeartHave a Heart
10.10. ? ?
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10 ways the world is changing10 ways the world is changing
1.1. Globalisation on the marchGlobalisation on the march
2.2. Global powers : China, BRICGlobal powers : China, BRIC
3.3. Sustainability : Resources available low Sustainability : Resources available low
4.4. Climate changeClimate change
5.5. UrbanizationUrbanization5.5. UrbanizationUrbanization
6.6. Demographics Demographics
7.7. Knowledge explosion & Science discoveries Knowledge explosion & Science discoveries
8.8. Information & Communication Technologies on Information & Communication Technologies on the marchthe march
9.9. Power of the Individual & collaboration among Power of the Individual & collaboration among individuals increasingindividuals increasing
10.10. ??