@ayyo_whyyy Raising a child is possibly the biggest responsibility one can take up. The world has too many people having kids and not raising them well. There need to be a criteria one should meet to qualify to raise a kid.
Its not a selfish if some folks don't feel they are up for it.
I run a budding India GCC for an Australian firm. This is what I do (happy to take suggestions):-
- Firstly, make peace with the fact that you need to roll out 2 offers for one role (and consider yourself lucky if you're able to onboard both)
- Strive for the best interview experience. Bring them in to the office for our final round and show them around, introduce them to people.
- If selected, send out Employment Agreement (not offer letter) within 2 days via DocuSign
- Happy to wait for the notice period to complete. If a buy out option is available, compensate the candidate with a joining bonus equivalent to the buyout
- Ask them for transparency on if they're still interviewing elsewhere (doesn't matter where, I don't ask names). Make sure they understand that IT'S OKAY IF THEY ARE, I JUST WANT TO BE PREPARED, THEIR OFFER WON'T BE RESCINDED.
- Invite them to our team outings and events
- Introduce them to a few of my senior people to get a feel of who we are
- Talent acquisition connects every two weeks
- If they come back with a counter offer a few weeks before joining - either negotiate if it's feasible, else wish them a great career ahead
- If I still get ghosted at the very last day, I take the L, cry internally, and move on.
My current mental model basis what I am seeing around me and at InfoEdge in all our verticals - Naukri, 99acres, Jeevansathi and Shiksha.
1) AI is fundamentally deflationary for businesses.
2) When the cost of intelligence drops toward zero, the cost of doing many things drops with it.
3) Everyone becomes more productive but no one stays differentiated for long.
4) The natural outcome? Price compression. Margin pressure, Commoditization.
5) We’ve seen this with the internet, cloud, SaaS. AI is doing it to cognition itself.
But this is only half the story.
6) AI is deflationary for existing markets
and expansionary for new ones
The big mistake
7) Using AI just to do the same things cheaper. That’s a race to the bottom.
8) The real question is, What becomes possible now that was previously impossible?
Three ways I see AI creating real advantage
1) Solving problems that were too expensive to solve or not solvable earlier
2) Serving customers who couldn’t be served before
3) Delivering experiences and quality that wasn’t possible to deliver before
In other words
Don’t just lower costs. Expand the market. Because when capabilities commoditise , value shifts to,
– Distribution and Customer Relationships
– Brand
– Trust
– Proprietary data
– Ecosystems
The winners in the AI era won’t be the most companies which are the most efficient.
They’ll be companies with the best imagination
Earlier I used to get so mesmerised by certain thought leaders. I would consume all their podcasts, tweets, and thoughts, and even consider their viewpoints while making certain decisions. Until one day, I heard one of them talk about my area of expertise. I found their viewpoint so pedestrian and basic that I began reconsidering every POV they had, wondering if they were equally basic in areas outside my core expertise.
So now when I find someone super interesting and inspiring, I look up their most recent point of view on marketing, entertainment industry, storytelling, content, branding, or advertising. If they’re confidently spinning basic BS in these areas, I become very careful about being influenced by their other POVs.
I suggest you do the same. Find their POV on your core area of expertise. It’s the best intellectual filtration process I’ve found, and you’ll be surprised by how many big names you’ll strike off your influencer list.
Story time: After I moved out of my home in 2014 to live in Japan, initially I used to call my parents daily. But as I became more "internationalized" I started calling my parents less and less. I used to tell my mom "I have nothing to talk about so we don't need to call daily". She sounded sad, but I was way too engrossed in being "grown up". It got to a point where I called them only once or twice a week (which by Indian millennial standards is appalling). My parents never said anything to me, but I knew they were feeling disconnected from me.
Fast-forward to 2019, when a new Indian co-worker joined NICT, and he asked me "Do you call your parents daily?". I said no, and he continued with, "Don't you think you should? Don't you think they miss you?". It got me thinking, and I decided to force myself to call my parents daily for a week. If it was not for me, I would go back to my once or twice a week calls. Even though I had nothing to say, I pushed myself to do some small talk, even though it was repetitive stuff.
Finally on day 4, dad suddenly asked "son are you ok? You have been calling us daily these days". I told them that I just felt like it, not wanting to tell them that this was an experiment borne out of a convo with a colleague. Then dad said something that hit me like a ton of bricks, "We have been happy recently that you are calling us every day. It shows your love."
They yearned for me, but I never paid attention. Since then, I have made it a point to call my parents EVERY SINGLE DAY. God knows when it will be the final time to talk to them. Cherish every moment. No matter how busy you are, even if you are some big shot, make time to talk to your parents. Sometimes they are afraid to ask for your love. Don't make them ask. Give it freely!
If you are reading this, go call your parents and tell them that you love them!
!! ECONOMY PARADOX !!
1A. If the interest rate goes up : “How the poor could afford a house, car for themselves?”.
1B. If the interest rate comes down : “How will elders earn interest from the bank?"
2A. If foreigners invest in our country : “They are taking away our wealth as profits/dividends”
2B. If domestic Co. invest outside : “Our wealth shifts for the development of outsiders”
3A. If tax rates are increased : “The Govt is robbing people”
3B. If tax rates are lowered: “The Govt is trying to help the rich”
4A. If GDP grows : “The Govt is working primarily for the big corporates”
4B. If GDP contracts : “There is no job creation”
5A. If currency strengthens : “Our exports get impacted”
5B. If currency weakens : “Our import bill has gone up”
6A. If Food prices go up: “Masses are suffering"
6B. If Food prices come down : “Farmers are suffering”
7A. If the stock market comes down : “The economy is in a mess”
7B. If the stock market goes up : “It’s not a true measure of economy; only corporates are being supported”
8A. If Corporate tax rates are increased : “Govt is penalizing private enterprise"
8B. If Corporate tax rates are cut : “The Govt is only trying to boost the profitability of corporates”
So, Heads, I win, Tails, you lose..
Enjoy your day....
😁😭😜😢