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04 Apr 2020, 04:00
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| FROM ISB Admissions Blog: On the Right Side of Things |
|
“ISB is not an entitlement. Hard work, clear goals and focus are essential to make the best use of the opportunity that ISB is.” It’s fascinating when someone joins a B-school for her thirst for learning as the only reason. Gamya Goli, Scholar of Excellence – Co ‘18 PGPPro, Indian School of Business (ISB), began her career in a start-up and is presently the Site Lead at Google. She has worked at the US Department of State as a fraud investigator, got trained by the US FBI on counter-terrorism interrogations, went undercover to bust high profile frauds, and has also saved two girls from getting traffic. From not even knowing what operations meant in an IT services company, where she joined after her stint as an investigator, to becoming Head of Service Operations for the largest SBU at an IT services company, her journey is awe-inspiring.  When asked about her journey at ISB, “The bliss of learning was so overwhelming I used to have tears of joy in the classroom. ISB has been such an enriching experience.” ISB is a dream for many as it was for Gamya, and PGPpro was the weightiest of all the options for its curriculum and flexibility, she says. The scope of a rich and stimulating learning experience while sitting next to a student of similar or a greater number of years of experience motivated her. About ISB experience, she adds, “I think the school goes beyond teaching just the subjects. The experience was holistic, has taught me to be strong and to be able to face the challenges of life with aplomb.” She believes ISB is a great enabler and nurtures the mind to think and act beyond one’s own imagination. Gamya calls out that the course is demanding and what one carries back from the school, depends on the extent of effort one is willing to put in. Discipline, Determination and Dedication (3 D’s as she calls them) are paramount to coast over the rigorous course at ISB. To extract the maximum from the programme, she followed a strict discipline of setting aside a few hours each day despite having a demanding career. She set tough goals to motivate herself—goals such as not allowing herself to play with her 18-month old child until she had completed a topic. According to her, the advantages of being a part of the ISB alumni are beyond doubt. She attributes the connect to the fraternity for her job at Google. She herself has helped her peers get a break post ISB. She has given several referrals to ex-students and fellow students of her class. Gamya is a great advocate for the quality of the curriculum and the top rung teaching at ISB. “ISB is not an entitlement and neither is it like a walk in the park. You have to put in the effort. There has to be a clear goal and focus on why you are doing a course at ISB. If you are not investing the right amount of effort or if you are not able to make the best use of the opportunity, you have to think about how you can re-strategise your entire plan for desired results.” About her professional journey, “One must never look for instant gratifications whatever job one is in,” she says. Life is about long-term gains. You never know what the small things you do today, can lead you to. While speaking about her career graph, she says she didn’t ever limit herself to just her job duties or comfort zones. She says she always took on challenges and worked on complex projects which earned her rich, diverse experiences and also opened up various job opportunities. “If opportunities do not knock on your door, focus on re-building the door, and opportunities will strike,” she says. About her leadership journey, she says, “A core principle I abide by is to do the right thing, no matter how difficult the path is. I make decisions based on the impact it could have and the number of people it would positively affect. There are always a lot of expectations from a leader and not all leadership decisions might yield the desired results. But again, whatever the outcome, one must not digress from one’s core principles”. She firmly believes and advocates that if what one does is right for the greater good of a larger population, in the long term one will be respected, even if the short-term results are not favourable. “Short term results, no matter how tempting and desirable, are not worth compromising core beliefs for.” On team management, Gamya says “As leaders, we need to inspire people to rise above the poverty levels of ambition; a phrase I heard from the Chief Economic Advisor of India, our Professor Krishnamurthy Subramanian and follow it by heart”. As leaders, we need to show our people their potential, motivate them and help them achieve success.” She says she has deployed the various management principles she learned at ISB, to get her teams motivated and nurtured them towards delivering high performance. She finally adds, to be a successful leader, one must find the right cord of balancing employee morale and business goals. – Gamya Goli, Scholar of Excellence – Co ‘18 PGPPro |
This Blog post was imported into the forum automatically. We hope you found it helpful. Please use the Kudos button if you did, or please PM/DM me if you found it disruptive and I will take care of it.
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04 Apr 2020, 04:01
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| FROM ISB PGP Admissions Director Blog: On the Right Side of Things |
|
“ISB is not an entitlement. Hard work, clear goals and focus are essential to make the best use of the opportunity that ISB is.” It’s fascinating when someone joins a B-school for her thirst for learning as the only reason. Gamya Goli, Scholar of Excellence – Co ‘18 PGPPro, Indian School of Business (ISB), began her career in a start-up and is presently the Site Lead at Google. She has worked at the US Department of State as a fraud investigator, got trained by the US FBI on counter-terrorism interrogations, went undercover to bust high profile frauds, and has also saved two girls from getting traffic. From not even knowing what operations meant in an IT services company, where she joined after her stint as an investigator, to becoming Head of Service Operations for the largest SBU at an IT services company, her journey is awe-inspiring. When asked about her journey at ISB, “The bliss of learning was so overwhelming I used to have tears of joy in the classroom. ISB has been such an enriching experience.” ISB is a dream for many as it was for Gamya, and PGPpro was the weightiest of all the options for its curriculum and flexibility, she says. The scope of a rich and stimulating learning experience while sitting next to a student of similar or a greater number of years of experience motivated her. About ISB experience, she adds, “I think the school goes beyond teaching just the subjects. The experience was holistic, has taught me to be strong and to be able to face the challenges of life with aplomb.” She believes ISB is a great enabler and nurtures the mind to think and act beyond one’s own imagination. Gamya calls out that the course is demanding and what one carries back from the school, depends on the extent of effort one is willing to put in. Discipline, Determination and Dedication (3 D’s as she calls them) are paramount to coast over the rigorous course at ISB. To extract the maximum from the programme, she followed a strict discipline of setting aside a few hours each day despite having a demanding career. She set tough goals to motivate herself—goals such as not allowing herself to play with her 18-month old child until she had completed a topic. According to her, the advantages of being a part of the ISB alumni are beyond doubt. She attributes the connect to the fraternity for her job at Google. She herself has helped her peers get a break post ISB. She has given several referrals to ex-students and fellow students of her class. Gamya is a great advocate for the quality of the curriculum and the top rung teaching at ISB. “ISB is not an entitlement and neither is it like a walk in the park. You have to put in the effort. There has to be a clear goal and focus on why you are doing a course at ISB. If you are not investing the right amount of effort or if you are not able to make the best use of the opportunity, you have to think about how you can re-strategise your entire plan for desired results.” About her professional journey, “One must never look for instant gratifications whatever job one is in,” she says. Life is about long-term gains. You never know what the small things you do today, can lead you to. While speaking about her career graph, she says she didn’t ever limit herself to just her job duties or comfort zones. She says she always took on challenges and worked on complex projects which earned her rich, diverse experiences and also opened up various job opportunities. “If opportunities do not knock on your door, focus on re-building the door, and opportunities will strike,” she says. About her leadership journey, she says, “A core principle I abide by is to do the right thing, no matter how difficult the path is. I make decisions based on the impact it could have and the number of people it would positively affect. There are always a lot of expectations from a leader and not all leadership decisions might yield the desired results. But again, whatever the outcome, one must not digress from one’s core principles”. She firmly believes and advocates that if what one does is right for the greater good of a larger population, in the long term one will be respected, even if the short-term results are not favourable. “Short term results, no matter how tempting and desirable, are not worth compromising core beliefs for.” On team management, Gamya says “As leaders, we need to inspire people to rise above the poverty levels of ambition; a phrase I heard from the Chief Economic Advisor of India, our Professor Krishnamurthy Subramanian and follow it by heart”. As leaders, we need to show our people their potential, motivate them and help them achieve success.” She says she has deployed the various management principles she learned at ISB, to get her teams motivated and nurtured them towards delivering high performance. She finally adds, to be a successful leader, one must find the right cord of balancing employee morale and business goals. – Gamya Goli, Scholar of Excellence – Co ‘18 PGPPro |
This Blog post was imported into the forum automatically. We hope you found it helpful. Please use the Kudos button if you did, or please PM/DM me if you found it disruptive and I will take care of it.
-BB
06 Apr 2020, 06:00
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| FROM ISB Admissions Blog: Impact of COVID-19 on Indian Businesses |
|
The world is currently facing its greatest crisis, the COVID-19, which is referred to as ‘Third World War.’ The pandemic has impacted significantly the economic and financial well-being of millions of people and organisations globally. There is a complete or partial lockdown in more than half of the economies in the world, to prevent the spread of Coronavirus, due to which there is a slowdown in overall demand, disruption in supply chains, issues with logistics, and lockdown of routine operations. The overall slackening of demand has had an impact on the prices of nearly all commodities. As per the UN’s Trade and Development Agency (UNCTAD), the overall impact estimated on the global economy is expected to cost about US $2.7 trillion, which is equivalent to the GDP of UK. It is however too early to assess the effect since no one really knows when the problem will reach its peak COVID 19 started from the Wuhan city of China in December 2019 and had been declared as a pandemic by World Health Organizations on March 11, 2020. Countries that are severely impacted are the US, Italy, Spain, Iran, China, Germany, France, and the UK. The Indian economy is no exception, foresees major implications on the sustainability of business and employment. As Prime Minister Narendra Modi said in his address to the nation when he announced a 21-day lockdown, if this pandemic is not contained, it could set us back by decades. Companies are forced to implement work from home. There are many sectors such as Manufacturing, Retail, Hospitality, Airlines, Construction, Transportation, and Utilities, where such work arrangement is not possible. They are left with no other option but to close down their operations for the present. Micro, Small and Medium Enterprises (MSMEs) which account for 97% of total employment across India are facing the biggest challenge, as they often lack sufficient cushion in terms of financial strength to tide over the pandemic situation. According to the Confederation of Indian Industry (CII), India’s GDP could fall below 5% in FY 2021 if policy action is not taken urgently. CII estimates that the government should implement significant, strong and rapid fiscal stimulus measures to the extent of 1% of GDP, that has to be focused to help the poor financially and enable them to live through this crisis. There are several questions that arise, for which answers are not clear at this point in time. What is clear is that this crisis will impact everyone in the world deeply in the months and perhaps years to come: a. Will Digital transformation become a way of life rather than just an important function for organizations? b. Will companies be forced to adopt the latest technologies and accelerate their usage for their survival and growth? c. How will companies equip and enable their workforce to work remotely from their homes? What insights will companies gain through the current lockdown, to help them initiate change in the way work gets done effectively? d. How will Organizations transform the way they engage with their customers? How will they reach out to customers digitally and remotely, along with physically, to enhance customer experience? e. How will digital payment be further prioritized, democratized and transformed? f. How will digital ecosystems be leveraged to access customers and manage supply chains to a much larger extent than what is being done at present? g. The role that governments across the world will need to play by way of either making or enabling significant investment in digital innovation platforms to support businesses. According to Ben Bernanke, Former Chairman of the US Federal Reserve, if there’s not too much damage done to the workforce and to the businesses during the shutdown period, however long that maybe, then we could see a fairly quick rebound. Summarised by Minal Agarwal, Program Manager ISB-CBM, Indian School of Business References: 1. https://www.bloomberg.com/graphics/2020 ... omic-risk/ 2. https://www.cnbc.com/2020/03/25/former- ... bound.html 3. https://msme.gov.in/sites/default/files/Annualrprt.pdf |
This Blog post was imported into the forum automatically. We hope you found it helpful. Please use the Kudos button if you did, or please PM/DM me if you found it disruptive and I will take care of it.
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