Nuggets from Prakash Iyer
Picking the first job after IIM
Campus placements are often a pressure cooker situation with significant sub-optimality in how students end up making career choices. Prakash discusses how one should pick the first job after campus based on some reflection on what they like doing.
What they don’t teach you at IIMA
B-school education can often be focused around picking up the “tool-kit” that makes students ready for the world of employment. Prakash talks about some of the non-academic elements that end up mattering so much in the long run.
Venture Investing - What does it take
Karthik talks about what it takes to become a successful Venture Capital Investor. He also discusses the nuances across Angel Investing, Venture Investing and Private Equity Investing. Each of these often requires a different set of skills and strengths. People often club all these Investing roles into one large umbrella but there is a significant difference in the type of person that would enjoy and flourish in one versus the other.
IIMB, Wharton & path to Venture Investing
In a world with an exponential increase in career paths and complexity around opportunity, it can be unnerving to make key decisions around Stay in India Vs Go overseas, specialize in a field Vs Get a degree in Management etc. The multiplicity of options also makes career decisions complex when people graduate from the best of the programmes. Karthik talks about how he thought about going to Wharton after IIMB and his choice to do I Banking, Corporate Development etc till he got into Venture Investing.
What they don't teach you at B-School
Business Schools (especially in India) often taken in students without prior work experience. Several students that work hard to get into elite business schools often assume that they are job-ready when they graduate. Karthik talks about some of the key elements which are not taught which can have a profound impact on your effectiveness in the work-place
Playing in the gig economy
Moving a corporate world to becoming a gig-economy player can be a tricky decision for a lot of people. There are question marks around timing and what the portfolio should look like. Prakash shares some insights around how he thought about it when he took the plunge.
The art of story telling
Prakash talks about the role of story-telling in the context of building culture and how one could think about building that muscle. Sometimes, people think that there is a trade-off between story-telling and brevity. He talks about that being a false trade-off and discusses how one could employ both to drive effective communication
Building a Personal Brand
Prakash discusses how one could learn from how FMCG companies build brands in the context of personal brand building. He discusses how authenticity, consumer centricity and choice are critical in building a powerful enduring brand in a certain area.
Selecting a Coach effectively
Selecting a coach for a leader can be a reasonably ambiguous task. Prakash talks about how we could learn from the world of sport in ensuring that we get a coach who is fit for purpose.
Career in Consumer Goods
People often equate Consumer Goods with Sales and Marketing. Finding your first job after an MBA can be confusing with people often resorting to using compensation as the sorting factor. Prakash sheds some light on how people could think about a career in Consumer Goods
Shifting your goal post over time
Prakash talks about how he has thought about his goal post at different points in time and how he finds his True North. He shares a nuanced view on how one should think about value in the pursuit of the sweet spot in which one could consider operating.
Unlocking the potential
Prakash talks about what sometimes comes in the way of people achieving their full potential. He talks about the importance of hard work (however clichéd it may sound) but also talks about the key element of enlisting others on the “bus”
In Summary – Playing to Potential
Prakash shares his definition of a PHD for people to play to their potential. He talks about the role of Passion, Hunger and Discipline in going after a goal for people to perform at their best.
Three things they do not teach you in B school
Can competitiveness and calmness reside within you side by side? Why should one’s mind and heart be aligned? Listen on to find out what things, Amish thought, were not taught enough in B-schools.
3 things they don’t teach you in B-school
“The cost of our dreams is much lower than we think it is in our heads!” Using this profound thought Papa CJ discusses what business schools don’t teach us. Don’t miss the part about the three things that constitute happiness!
What they don't teach you at HBS
A good education provides a strong starting point at best. Avnish talks about how he has evolved over time through the various experiences he has had and the decisions he has made.
Listening intently during Transitions
Ravi’s career trajectory has often taken him to sectors and organizations he did not know much about. The key to his successful transitioning, according to him, has been listening; but listening to what and whom? Get the details and some tips in this anecdotal nugget.
Integrating into a start-up
Culture is often seen as something that large organizations need to worry about. However, if a start up tackles the challenges of culture from the very beginning and clearly defines its competencies and values, it could be a significant competitive differentiator especially during the scaling up phase. Hear Abhijit elaborate on the startup ecosystem in this nugget.
Career Planning 2.0
Thinking about a career has moved away from a linear notion – educate, work, retire. Also the idea of working in one company for the rest of your life has become obsolete. So how should one think about their career in this digital age? How can people stay relevant? Abhijit believes that skills will become obsolete quicker and gives tips about how to navigate their careers.
Settling effectively into Venture Investing
The first 30-60 days in any profession are often quite tricky. Hairline cracks can quickly turn into fractures if not handled carefully. Karthik talks about how he works with the incoming members and thinks about the early passage of play in the organization. He also talks about how he pre-empts the derailment risk by suggesting to interested individuals to seek certain prior experiences before venturing into Venture Investing.
What Consulting doesn't prepare you for
Management Consulting often provides a whirl-wind exposure to multiple problems across industries and topics. However, one needs to significantly adapt the style while moving from a consulting environment to the Industry. Pramath talks about some of the adjustments consultants have to make when they enter the corporate world.
Investment Banking as a career and key transitions
Vedika discusses her perspectives on Investment Banking as a career and how B-School students should think about the option. On a related note, she talks about the wrong reasons for which people often end up joining Banking. She also lays out the key inflection points in the journey.
Effective Leadership transitions across companies
Leaders during transitions often feel like trapeze artists as they go from one to another. It is the role of the hiring manager and the transitioning leader to think this through. Vedika shares her perspectives in the context of some of her transitions at a leadership level.
Early formative years
Rama talks about the parenting context in which she grew up and talks about how that has played a big role in shaping her journey till date.
What they don’t teach at IIMA
Given how hard it is to get into places like IIMA, Rama talks about the mindset of the typical person that is getting in and how that is at odds with the climate at the workplace of today. She talks about how one could bridge the gap.
What they don’t teach you at IIMA
Anu reflects on the notion of heightened risk in the workplace and sensitizing students to that. She also refers to the need for integrated learning across disciplines and functions given that the big problems that are being solved today lie at the intersection of multiple domains.