Friday, February 28, 2014

HOPE 4: Why are hopefuls not always aspiring?


While hope is extremely important it is not sufficient. Hope needs to be converted to aspiration.
I will again take an example from India. Considering the blind faith in the God and hoping that God will take care of everything – all problems, miseries and rewards, a very big proportion of Indian population is hopeful. However this very faith makes them complacent as they believe that God will decide as to what they should be given and what they should be denied. They also believe that their miseries and rewards are a consequence of their Karmas (deeds) in previous life. So despite being hopeful people do not aspire for material possessions- a good life style, good education or even good health. This fatalistic attitude leads to lack of aspiration and lack of action.

The satisfaction with current state is also driven from lack of awareness about rest of the world. This has been mitigated to some extent by the advent of Television and Internet. However, this is limited to cities and towns. A lot of villages in India, and also some towns and cities, rarely get power supply. So the availability of Television and Internet reduces significantly. There is also an element of affordability in villages. I was reading a book - “A Comma in a Sentence: Extraordinary change in an ordinary family over six generations”. In his book Mr R Gopalakrishnan narrates his conversation in 2007 with his only surviving uncle, living in his village. His Uncle took him aside and said, “I understand you are doing very well and are in a top job with the Tata Group. I believe you are earning quite a lot. It must be more than INR 30,000 (USD 500) a month.” That helps establish my point about lack of awareness. This leads to lack of Aspiration.

 

When people in the USA were very hopeful, they were aspiring as well. Their aspiration for materialistic possession drove professional aspiration. This led to significant hard work and action in the USA in the last two centuries making it the largest economy in the world.
While being hopeful is good, hope should result in aspiration before one can see action.
So let us discuss: When and why do people aspire?

Wednesday, February 12, 2014

HOPE 3: Key to Professional Happiness


We discussed Hope in some of the earlier posts.

One cannot be hopeful without being happy and one cannot be happy without being hopeful.

I attended the felicitation of distinguished Alumni of IIM Ahmedabad organized by the Mumbai Chapter when Raghuram Rajan assumed office of the Governor of RBI.

The three distinguished alumni who were felicitated were:

  • Raghuram Rajan, Governor Reserve Bank of India (RBI)
  • Ashish Nanda, Director of IIM Ahmedabad
  • J S Saharia, Chief Secretary of Maharashtra Government.

The theme for the day was "Road less travelled". The three distinguished guests shared their experiences as they traversed career paths not very common for PGPs of IIM-A.

Interestingly the common themes in the lives of all the three were:

  • They followed their heart in taking career decisions - They did not draw decision trees and evaluated pros and cons of what they wanted to do.
  • They were enterprising - ready and willing to take risk without worrying about what next.
  • They enjoyed the journey without bothering too much about the mountain they would climb or the flag they would put on the peak of the mountain.

I guess this is a good learning for all of us and especially our younger colleagues.

They were felicitated by Prof V L Mote, who at 81 was as young, energetic and witty as he was 23 years ago in our Quantitative Methods class. He found it difficult to walk up the stage but he had no difficulty in speaking without a pause. That taught me how to continue doing one’s job in one form or the other and never leave one’s strengths behind.

It was a wonderful experience and learning too.



HOPE 2: Why are Hopefuls hopeful?


Well, about 4 years ago, we discussed why HOPE could change the world order. And then I disappeared for a brief period :-). Going forward, please trust me that I will try to be as regular as possibly I can be. I won't promise the frequency. But will try my level best to update my blog once in a week.

We said that we would discuss how HOPE can be leveraged to create POSITIVE EXPERIENCE and then Wealth. You may have to bear with me for some time before we discuss this piece.

Let us first understand what creates HOPE.

I believe HOPE is:

- Cultural

- Experiential

Well, both are not entirely independent and may feed into each other.

CULTURAL HOPE

When I was a small kid, I saw a beggar in the market. I asked my father why he was begging. When my father explained to me what beggary was and how poor he was, I asked him, "Why should he live?" My father said, "Because he believes that one day God will end his miseries and he would have a better life". I was also told that God helped everyone in pain and distress.

India is a culture where almost every individual believes "Bhagwan sab theek kar dega" (God will ensure that all the problems are fixed). This very belief ensures that we are Hopeful.  When nothing works, we surrender to God and believe he will take care of us. In our Gita (Hindu Mythological Literature), Lord Krishna has said, "Karmaneva dhikarsthe, maa faleshu kada chanam." (You have the right to do your duty and leave the result to God).

These religious philosophies and near blind faith has ensured that we always remain hopeful. So in some ways blind faith is helpful as well.

EXPERIENTIAL HOPE

I have divided Experiential Hope into:

- Childhood Experiences

- Organizational Experiences

- Social Experiences

Childhood Experiences

Well, let me take my own childhood experiences. I belong to a family of academicians. My parents are students of political science, as they describe themselves. During a fateful Diwali vacation we had gone to visit our relatives. When we returned, just before Diwali, we realised that everything was stolen except furniture that thieves could not carry with them. We did not have a single spoon left at home. We were well to do but not very well off. Next day as my father brought a few utensils and other important articles of immediate need, I very quietly asked him if we were going to celebrate Diwali that year and if we would buy crackers at all. To my surprise, my father not just responded in positive he was full of enthusiasm and excitement about Diwali celebration. That was my first brush with Hope even in dire circumstances. I never saw my parents lose hope even in the most adverse circumstances.

Organizational Experiences

Now if we were to consider organizational experience, when I joined Hindustan Petroleum as a young engineer, I was posted at Wadala Terminal.  The unions had made lives of managers miserable. This was a time when Datta Samant was active in Mumbai. I saw no end to these miseries and communicated my frustration to the Terminal Chief B D Seth, a 50 year old very dynamic manager. He asked me if I would work with him to solve this problem. Remembering my parents' never say no attitude, I was excited at the proposition and conveyed my acceptance. He explained to me his strategy of creating another union and dividing the power between the two unions to keep both of them at bay. I followed his instructions diligently and intelligently. It took us six months. But we succeeded. That was my first lesson in corporate sector "Never give up. There is always a way out of any seemingly hopeless situation".

Social Experiences

Coming to social experiences, I had a friend in my home town. He was in to edible oil retailing, His warehouse caught fire due to an electrical short circuit. The stocks were not insured. The building was insured. But the insurance company could find some clauses in the fine print and refused to pay any claims. He did not give up. His extended family and friends helped him with interest free loans to restart the business. In a matter of two years, he was a flourishing businessman again and he managed to pay off all the loans.

I think a combination of childhood, organizational and social experiences create HOPE. If one is hopeful he/ she fights hard to achieve his objectives. If one was to combine these experiences with culture that is hopeful in itself, you have a society where Hope will never die. That is India.

Next week we will talk of converting Hope into Experiences into Action and finally Wealth.