2. Y#53 August 1, 2016
Window for action loving
PROFESSIONALS
2
The FUTURE for
PROFESSIONALS
has arrived
We focus
on ABCDE ā
Academia,
Business,
Consulting,
Development and
Entrepreneurship
domains through a
wide spectrum of
Individual and
Institutional
Consulting
Capability
in Management,
Technical, Legal
and Healthcare.
We facilitate:
Ideating and
Researching for
Impact
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in Consulting
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Opportunities
Inclusiveness
through CSR and
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3. Y#53 August 1, 2016
Window for action loving
PROFESSIONALS
# Item
3
If you were to create a personal TIME
CAPSULE to be opened 25 years later, what
would you include?
A time capsule is a
historic cache of
goods or
information,
usually intended as
a method of
communication
with future people
and to help future
archaeologists,
anthropologists or
historians. Time
capsules are
sometimes created
and buried during
celebrations such
as a World's fair, a
cornerstone laying
for a building or at
other events.
Time capsules are
placed with the
intention that they
will be opened or
accessed at a
future date.
WorkSheet
4. Y#53 August 1, 2016
Window for action loving
PROFESSIONALS
4
At the 2016 World Economic Forum at Davos,
Marc Benioff, founder and CEO of American cloud
computing firm, SalesForce, argued that every
country should have a minister of future.
āAs a society,ā Benioff said, āwe are entering
uncharted territory, a new world in which
governments, business leaders, the scientific
community and citizens need to work together to
define the paths that direct these technologies at
improving the human condition and minimising
the risks.ā
To help prepare, Sweden already has a minister of
future issues, strategy and cooperation, with a
mandate to think about the very long term, and
the Scandinavian nationās place in that future.
Korea isnāt far behind either, with its ministry of
science, ICT and future planning. Many other
countries have similar bodies.
With the worldās eyes firmly set on India, how are
we as a country preparing for the future?
If the current political and governance structure is
anything to go by, then we are only preparing for
the immediate future, not the long term. What
connects the past, the present and the future is
technology, its evolution and its impact.
Unlike the previous technology waves, this one is
here to stay. Devices are getting cheaper even as
their computing capacities expand. Coupled with
cheap internet access, this is proving to be
transformative, and not merely evolutionary. This
realisation is taking centre-stage in nations such
as India as they embark on an accelerated
development path. For example, it is predicted
that in the next 15 years, India will have more
people coming online than any other nation.
Why
India
needs a
ministry
of
future
5. Y#53 August 1, 2016
Window for action loving
PROFESSIONALS
5
Many developing technologies may look experimental now, but
their widespread use and deployment is only a matter of time.
Letās examine a few:
ā¢Artificial intelligence is making humans and industries more
efficient and productive. Combine this with robotics and you
have a potential blockbuster. This impacts the future of our
farms, factory floors and even our armies. In a labour- intensive
country like India, the impact of such transformation will be far-
reaching.
ā¢On the roads of Silicon Valley, a moving car without a driver
isnāt an oddity anymore. While Google is leading the pack,
Uber, Tesla, Apple, GM and many other companies too are
testing their own-self-driving automobiles. The sharing
economy has benefitted many drivers in India, but what will
happen when we will not need drivers anymore?
ā¢Drones arenāt just for aerial shots at expensive wedding
functions. They are being tested for e-commerce delivery, even
as their military use becomes more pervasive. They pose
serious questions of security, trespassing and privacy. In the US,
the Federal Aviation Administration is grappling with how best
to regulate and monitor the civilian usage of drones. India, too,
needs to start taking unmanned flying objects seriously and
begin crafting a drone policy. The recent incident between
Mumbai Police and Housing.com is indicative of the coming
times.
ā¢Life sciences and biotechnology are witnessing rapid innovation.
Google-owned Calico, for instance, is looking to solve the problem
of ageing to increase lifespans. India is a young nation now, but
are we prepared to be an ageing nation a few decades from now?
Not only will India eventually grow old, Calico and others may
further stretch the average lifespan, putting tremendous pressure
on the existing economic system and social arrangements.
6. Y#53 August 1, 2016
Window for action loving
PROFESSIONALS
6
The social, economic, cultural and demographic
impact of these technological advances also need
equal attention. So far, the approach has been
short-sighted, confronting only current problems,
with no particular lookout for the future.
To remain relevant in the global order, we need
to build our military industrial complex since
thatās the epicentre of any innovation ecosystem.
The US government, via the military and DARPA
(Defense Advanced Research Projects Agency)
under the department of defense, was
responsible for developing many of the
fundamental technologies we commonly use
today: the internet, the technology behind
Appleās Siri, and the GPS, to cite a few.
Indiaās equivalent, the Defence Research and
Development Organisation (DRDO), the primary
R&D wing of our army, is yet to see any of its
projects become mainstream commercial
products. Merely increasing the research and
development (R&D) budget of DRDO will not
suffice.
Most breakthrough technologies are imported
into India. Thus the culture of innovation itself is
stunted. Notwithstanding the unicorn status,
many successful Indian startups are me-too
clones of their western counterparts.
The ecosystem and regulation are both nascent,
leaving genuine Indian innovators struggling.
Many of them are successful because they moved
out of India.
7. Y#53 August 1, 2016
Window for action loving
PROFESSIONALS
7
The Narendra Modi government leveraged
modern technologies to get elected. It also
recognised the power of the new economy
to create jobs and spread prosperity. Already,
the Modi administration has rolled out some
promising schemesāMake In India, Digital
India, Skill India and Startup India. These, if
successfully implemented, can make India a
global innovation hub.
However, they address only current
problems.
For instance, India does not have fully
evolved policies around crowdfunding,
bitcoins or online pharmacies. Yet, these
business models (the online sale of
medicines) or underlying technologies
(blockchain, in the case of bitcoin) are
proliferating rapidly.
In a hyper-competitive world, no nation can
afford to play ostrich, ban new concepts or
look away.
So, what can India do?
For one, this government should consider
setting up a āfuture ministryā or a āfuture
unitā, with three broad aims:
Plan for threats and opportunities involving
new technologies
Plan for social changes that will arise due to
these technological developments
Build Indiaās innovation ecosystem
This can be achieved by either setting up a
new body or incorporating this into an
existing one. The NITI Aayog can take centre
stage, but the prime ministerās office needs
to play an important role.
http://qz.com/633880/why-india-needs-a-ministry-of-future
8. Y#53 August 1, 2016
Window for action loving
PROFESSIONALS
8
FIND/CREATE A LEARNING PLACE
There are organisations known for their learning
environment. They invest time and resources for
consistent learning. Find them. Join them. If you are
contemplating a start-up, resolve to create a learning
place where everyone thrives on learning. Learn from
juniors to remain at a cutting edge.
F
UNLEARN FASTER
Medicines have an expiry date. Every living being has.
Our ideas, knowledge and learning should not be
confined to self-proclaimed longevity. The best way to
unlearn rapidly is to acquire new learning faster and
consistently evaluate the utility of what you store in
mind and how you use it. Clear the mess. Unlearn.
U
TAKE TECH-SAVY PURSUITS
The electronic toys are quite handy especially in the
social-media space. Good to remain connected and
play the game of āforward-forwardā. But we stay where
we stand. Change the course. Adopt the technology
the 5 inch screen offers to make life more meaningful
and impactful. Strive and thrive better.
T
FUTURE PROOFING
YOUR CAREER
Pneumonic FUTURE is the intellectual property of Rajiv Khurana
9. Y#53 August 1, 2016
Window for action loving
PROFESSIONALS
9
UPGRADE COMPETENCIES, SKILLS AND
EXPERIENCES
No one buys an outdated product at a new and higher
price. Companies invest heavily on R&D. What are your
plans about yourself? Unleash your consistent thirst to
sharpen your competencies, acquisition of skills and
gain wide & varied experience. Enrich yourself.
U
RETAIN AND REBUILD PROFESSIONAL
NETWORK
Exchanging cards and storing the stacks do not help.
Put your face to your card in the form of wonderful
experience and interaction the other person has.
Extend your interaction through LinkedIn and other
social media. Let the digital handshakes strengthen the
real-time connect.
R
EXPLORE ENVIRONMENT; ENTHUSE SELF
Be vigilant. Check around. Keep a track of the latest
happenings and trends. Read the disrupters too. Follow
the leadership thoughts in your field. Seek feedback.
Do your SWOT analysis. Conduct the PEST too. Be
enthusiastic. Show energy. Remain the company of
positive progressive people. Be on the lookout for
every opportunity to encash.
E
Pneumonic FUTURE is the intellectual property of Rajiv Khurana
10. Y#53 August 1, 2016
Window for action loving
PROFESSIONALS
10
You can't connect
the dots looking
forward; you can
only connect them
looking backwards.
So you have to
trust that the dots
will somehow
connect in your
future. You have to
trust in something -
your gut, destiny,
life, karma,
whatever. This
approach has
never let me down,
and it has made all
the difference in
my life.
-Steve Jobs
Memories are the key not to the
past, but to the future.
-Corrie Ten Boom
Even though the future seems far
away, it is actually beginning right
now.
- Mattie Stepanek
Education is the passport to the
future, for tomorrow belongs to
those who prepare for it today.
-Malcolm X
It is not in the stars to hold our
destiny but in ourselves.
-William Shakespeare
The best years of your life are the
ones in which you decide your
problems are your own. You do not
blame them on your mother, the
ecology, or the president. You realize
that you control your own destiny.
-Albert Ellis
12. Y#53 August 1, 2016
Window for action loving
PROFESSIONALS
ļ¶ Family
Business
Mentoring
ļ¶ Mentoring YES
ā Young
Entrepreneurs
for Success
ļ¶ Career
Mentoring
9810211256, 9013698960
rajiv@rajivkhurana.com
http://in.linkedin.com/in/rajivkhurana
13. Y#53 August 1, 2016
Window for action loving
PROFESSIONALS
Family business
Mentoring
by
Rajiv
Khurana
International
Management
Consultant & Trainer,
Venture Mentor,
Executive Coach,
Social Entrepreneur,
Well published
writerā¦
Family ventures in India serve as the backbone of
the economy. Name any field of business or social
initiative, and families in India would have played a
pivotal role.
Family businesses have their own unique style and
culture which keep evolving over the time. Market
opportunities have been expanding globally;
technology has been helping in the need and speed
of delivery and the social and family milieu has
created new dimensions in control and decision-
making power-centres, besides the newer
generation aspiring for new avenues or seeking a
higher and faster stake in the enterprise.
Complexities have been rising and so has the
commitment to succeed.
Globally, businesses are seeking professional
MENTORS for advice, strength and support. In
India, highly aware families have followed suit.
Some are gearing up, while a large number still live
in the comfortable bliss of ignorance.
You too can easily reach out to a MENTOR
if you identify your family business with any of
these illustrative needs:
1/3
14. Y#53 August 1, 2016
Window for action loving
PROFESSIONALS
Family business
Mentoring
by
Rajiv
Khuranaļ± You want your business to move
into a new orbit of expansion and
excellence
ļ± You are bored with a nominal
arithmetic progression of growth
and wish to transform to a
dynamic, geometric progression
ļ± You are facing some immediate
issues and need a fresh,
independent perspective
ļ± You need a fresh look at your
vision, mission, values and goals
ļ± You want your business to raise its
standards and performance bar
ļ± You desire a rational alignment of
all family members and senior
executives vis-Ć -vis your goals and
overall direction.
ļ± You desire to identify and/or
strengthen your competitive edge
ļ± You wish to strengthen the work
culture and change the customer
and people-outlook of your
business
ļ± You need a sounding board for
your ideas
ļ± You wish someone could
challenge your assumptions and
preparedness
ļ± You need support to refine the
Knowledge, Skills, Attitudes and
Work Habits within the family and
senior employees
2/3
15. Y#53 August 1, 2016
Window for action loving
PROFESSIONALS
Family business
Mentoring
by
Rajiv
Khurana
ļ± You need help in the right
induction of family
youngsters
ļ± You need support for the
grooming and mentoring of
family youngsters to refine
their experience and skills as
they get ready for
responsible leadership roles
ļ± You wish to create a
smoother business
succession plan for the next
generation to take over
ļ± You need help in conciliation,
reduction or resolution of
cross-generation friction
ļ± You want to improve the
leadership and managerial
abilities of the family and the
team
ļ± You desire a good blending
with your partners and all
other stakeholders
ļ± You need more time for
yourself and desire to
decentralize and move into
an advisory role
ļ± You dream to be known as an
institution builder instead of
remaining a business
sustainer
Your choice could be any or
many of the above.
Professional MENTORING can
help your business achieve
your aspirations.
Letās talk it out.
Fix an appointment for a
no-commitment dialogue with
RAJIV KHURANA at our office.
9810211256, 9013698960
rajiv@rajivkhurana.com
http://in.linkedin.com/in/rajivkhurana 3/3
16. Y#53 August 1, 2016
Window for action loving
PROFESSIONALS
MENTORING
Young
Entrepreneurs
Success
YES
for
Imagine Sachin Tendulkar or Virat Kohli
without a Coach or a Mentor! Parents,
friends and well meaning relatives could
not have put them on the right path for
pursuing greatness.
We all need a coach, a mentor, a guide, a
facilitator, a reflector, a listener, a
professional friend or an advisor.
The earlier the better!
Make sure that the person is competent
and accomplished to help you succeed in
personal and professional situations. Your
well mentored moves can ease your
pursuits through cumbersome challenges
of clarity and the complex maze of
competence, commitment and creative
results.
Get set to
ā¢ Cultivate your skills for a stronger
personality and leadership in your
entrepreneurial journey.
ā¢ Strengthen your functional and
process proficiency.
ā¢ Dream Bigger. Achieve Higher.
Mentoring by Rajiv Khurana is customized
to your personal needs and time flexibility.
Fix your appointment for a 30 minute no-
commitment dialogue at our office.
9810211256, 9013698960
rajiv@rajivkhurana.com
http://in.linkedin.com/in/rajivkhurana
For Young
Entrepreneurs:
ļ¶ New in business
ļ¶ Starting a new
business
ļ¶ Settling into their
family business
ļ¶ Wanting to do better
in business
International
Management
Consultant & Trainer,
Venture Mentor,
Executive Coach,
Social Entrepreneur,
Well published
writerā¦