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Uncertainty and Collaboration

April 02, 2020 |Shiv - ABG


Welcome
What is uncertainty?
1.When things are not predictable
2.When we feel we don’t have control
3.When others are deciding for us
Look at control as

What What
you you don’t
control control
Examples of things we don’t control.

• GDP Growth
• Turbulence in flights
• Traffic on roads
• Power cuts
• Competition pricing and schemes
• Retailer behavior
What you control
• Your mindset
• Your commitment to make
a difference
• Your time and how you
spend it
• Your hard work
• Your commitment to your
people
‘Cowards die many a death, heroes die but once.’
The key is to stay positive

• It starts with words


• If you are the
• Negative thoughts
leader, it starts
lead to negative
with you pushing
words, lead to
your team to raise
negative actions,
lead to negative the bar to be better

results
My personal example staying in
Mumbai now
Collaboration
Collaboration is needed
in uncertainty
Collaboration is
something when
two or more
people work
together to work
for the good of all.
What stops people from collaborating?

• Ego

• Poor listening skills

• Poor empathy

• Play a win lose game, not a win win

game, ie selfish game

• Us vs them attitude
Batsmen need to collaborate,
with each other,
else we will never have runs

Most run outs in ODIs


Wasim Akram – 38
Inzamam ul Haq – 38
Atapatu- 37
We follow rules and collaborate
Example of following rules – paying taxes
Ultimate speed in collaboration
Pit stop in 3 seconds
Look at your business
60 %

40 %
Current
Gross margin %

20%

0
10% drop 20% drop 30% drop

Your likely guess of impact on revenue % - Next 12 months


All organizations need to
1. Protect cash
2. Rethink strategy and hence structure for the strategy
3. Rationalize costs – about 20 to 30 % range. Turn as many costs into
variable costs
4. Headcount cut, salary cuts, productivity increase are three options to
consider
5. Drive for Productivity increase of at least 10-15 %
Summary

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