Nuggets from Nandan Nilekani
Current portfolio of time spent
Nandan talks about how he organizes his time currently and more importantly, the design principle behind how he prioritizes his time. He also talks about his journey through Infosys and Aadhaar to the current portfolio of initiatives that includes India Stack evangelization, EkStep, Philanthropy and investing in & mentoring select start-ups.
Current portfolio of initiatives
Pramath talks about the portfolio of initiatives that he has today. More importantly, he talks about the underlying principle behind how he has assembled this portfolio together. He gives us a peek into how he thinks about success using internal and external metrics.
Moving to a 50% model at Bain Capital
Amit currently operates on a 50% model where he spends 2.5 days at Bain Capital and 2.5 days on Social Impact, Boards and other matters. He talks about how he and his wife gradually started spending more and more time on the Social sector and how he structured this arrangement when the last fund was being raised.
Pie chart of time in Venture Investing
In any profession, it is important to understand how to spend time on the right priorities. People often get consumed by the urgent and miss out on the critical. That pie chart looks different across professions. Karthik talks about how he spends his time as a Venture Investor and as an entrepreneur at Blume Ventures.
Pie chart of time today
Rama has been a solo-advisor for several years now. She talks about how she has thought about her portfolio of work (she likens it to broadcasting multiple TV channels) and how that has evolved over time.
Suresh speaks about how he used the crisis as an opportunity to ensure that people in the company spent time on the right things. He speaks about how he went on a war-footing to cut down meeting times in the company and got people to be more productive during office hours. He discusses his perspectives around the trade-off between efficiency and effectiveness.
Perspectives on Prioritization
Jay talks about the criticality of creating the leverage as a leader to find a mechanism to process the volumes the data that comes to you to be thoughtful about your decisions. He goes on to talk about how he has to balance the need to go after legislative priorities with crises that might erupt in your constituency from time to time.
OGQ and how you can contribute
In this nugget, Viren describes the OGQ model – what they do, the sports they are involved with and the athletes that they are working with. Their youngest athlete is 8 years old and they have committed to working with that athlete for the next 8-12 years to win an Olympic Gold medal. In a world that is running faster and faster and 1 year plans are hard to execute, it was refreshing to hear an organization that describes their 2020 plan as a short-term plan.
Water.org - Introduction and how you can contribute
Vedika talks about the criticality of solving for water and sanitation at the bottom of the pyramid. She talks about how Water.org is using a multi-pronged approach to tackle this problem. She discusses how access to water is a mission-critical need for all individuals at the bottom of the pyramid to lead a productive life with dignity.
Transitioning to the Social Impact world
"How do I bring greater meaning in my life" is a question that people start grappling with as they approach mid-life and beyond. However, people struggle with making this happen. Vedika discusses her transition from heading Credit Suisse in India to Water.Org
About Global Alliance for Improved Nutrition (GAIN)
Vinita talks about how the Global Alliance for Improved Nutrition (GAIN) works with various stakeholders across the world to deliver outcomes to improve nutrition. She also talks about how Corporate Social Responsibility cannot be treated as a separate function but should be embedded in whatever a company does.
Achievement Orientation to a Giving Mindset
Vijay talks about the notion of “paying it forward” and how that attitude towards life got shaped in his early childhood given the influence of his family. He talks about how some of the things that his parents and relatives did when he was young have had a profound influence on how he goes about thinking about giving back to the wider society. He talks about a specific anecdote where he learnt a lesson about giving from his uncle.
Perspectives on Philanthropy
Meher talks about her approach towards CSR and Philanthropy and how she thinks about “chunking” rather than “sprinkling” (a phrase Adam Grant uses in his book Give and Take). She also talks about the criticality of working with the Government to drive Scale.
Evolving perspectives on success and impact
KV Sridhar (Pops) talks about how his metrics of success have slowly shifted from business outcomes (brand performance, ad recall) towards the impact he makes on humanity. He talks about the responsibility the advertising industry has in addressing and influencing the biases (conscious and unconscious) that exist in the society today. He specifically refers to the unconscious biases towards girls and women and what he did to sensitize the ecosystem.
Driving social impact
Want to make a difference in society? A lot of us want to positively impact the world around us. But often times, this intention fades into the background or does not come to fruition. Enter Social Venture Partners- a platform for people like you who want to be agents of change. Hear Ravi talk about their ‘million jobs mission’ and the unique challenges faced by leaders in the social sector.
Transitioning from Banking to PE
Amit talks about how he thought about the transition from the world of Investment Banking to Private Equity. He talks about taking stock of life after reaching the heights of the Investment Banking profession and also seeking more time to devote to some of the other elements in his life such as Social Impact.
Being Strategic about Philanthropy
Amit talks about how he and his wife Archana have been thoughtful about how they would spend their time and money towards Philanthropy. He talks about how they picked Water, Education and Health as three areas he would go after. He also discusses how his intervention is a blend of several activities including writing cheques towards break-out NGOs, investing in Leadership Capacity Building and Governing through the Board.
Genesis of the book - CATALYST
Mouli talks about the context behind writing the book which is a combination of him finding time across multiple flights to Singapore to pen down his thoughts given a Regional role and a desire to take a break and take stock of life. He also discusses how he wanted to contribute to social impact in a way that leverages his skills rather than do on-ground field work where he may not have any distinctive value to add.
Omidyar Network and innovating for next Half Billion
Roopa talks about the flexible capital model at Omidyar Network (ON) and discusses how they do a combination of investing in tech enabled start-ups driving social impact and grants to organizations to impact a sector. She also discusses the unique characteristics of the next half billion in India that has access to the mobile phone and will come online in the next 5 years and how this presents a unique opportunity for these consumers and for businesses targeting them.