CORPORATE VS. NONCORPORATE

CORPORATE ROLE

Beyond the management lingo, beyond the complicated corporate models and beyond all the glamour of a corporate role, sit five very basic tenets. Every possible corporate profile seems to fit into one of these broad divisions.
1. Generate business opportunities
2. Finance the creation/availability of products/services
3. Sell the products/services to earn revenues and profits
4. Maintain records of everything
5. Partner with relevant people/entities
The words highlighted have strong significance. While the processes may be different from one organization to other, but the end indicators used to measure the organizational success are often the same across organizations.

NON CORPORATE ROLE

I feel the non corporate role sits in point number 2 minus finance i.e. “creation/availability of products and services”. It can be in the form of technology/engineering or R&D or something similar.

FEELING HAPPY

Life is a travel (the philosophical cut)…..travel is life (that’s how life is these days for me). After a relatively long trip in South Africa and West Africa, I am back in Mumbai….So much things I feel I should type down in this blog…but it seems time is the culprit.

Books covered during this period….my experience in Africa….Mumbai….and most importantly feel like writing a long letter of gratitude and thankfulness to the unseen power that seems to control all the things happening in my little world. After staying away for almost two years from the sweetest person in my life, its so nice to feel the period of separation in its final phase…Three more months and life will change again…Remaining away from each other after marriage is not easy….not at all if you know that the period is for almost two years.

She handled her new life so well…Marriage and MBA…successfully managing even one of the two is never easy... Really admire the way she did it….
Never had I felt so happy in my life….not even with whatever little I have achieved till date…when she called me and said “I made it….thank you so much”. A job in Mumbai…her dream job…in finance…in investment banking/private equity…in a stable and reliable company…in the fragile economy...no joke….there has to be someone sitting right there….above us…and making all the decisions for us…

INDUSTRIES IN PICTURE

Before I try to answer the first question let me put down three snaps - each one of which pictures the industries I have worked in.

My first job (Pre-MBA): This snap is from a leading Korean Shipyard where I had spent some time supervising the construction of ocean going vessels. It was a typical field job where I had to be physically present at the construction site. (Source: dsme photos)

2nd Job (1st post-MBA role): The snap summarises the power T&D sector where I spent some time working on corporate strategy and planning for a power T&D company. Head-office role with occassional visit to local offices and sites. (Source: wktv.com)

3rd Job: This is the current industry I am working in...for an offshore (oceanic) oil exploration and production service provider specialing in offshore rigs and vessels. This is a business development role where I spend reasonable time meeting clients. (Source oil-energy.com)

Now it will be much easier to try my bit on answering the first question. Will be back through the next post.

LOOKING BACK...

After almost six and a half years of professional career, after being exposed to varied kind of roles, I feel tempted to explore the evolution that has been continually changing me through this journey. Having spent almost four years in shipbuilding before MBA followed by two and a half years in corporate strategy and business development post MBA, it is worth introspecting and dissecting the experience of professional work beyond the daily rigmaroles.

The fabric of formal education, which I was exposed to, has defined my approach to understand any situation, event or issue by asking questions to myself, reasonable answers to which shall help me to capture my experiences and learning.

Through the next few posts, I shall try to delve into the following topics.
1. How is a corporate role different from a non-corporate one?
2. How has my professional work experience helped me to understand the corporate set-up?
3. How relevant is formal education in the professional set-up?
4. What are the most relevant learnings from each of my previous roles?

(Note: The answers to the above will be highly influenced/skewed by the fact that I have worked /been working in the old economy sectors like shipbuilding, power transmission/distribution and oceanic oil exploration and production)

WHITE TIGER

This book is packaged in the form of a series of letters written from an Indian entrepreneur to a Chinese Premiere during the latter’s visit to India, the intention being to “enlighten” him about the real India. The book is about the journey of this man’s (white tiger) life in India – one part of it in “darkness” and the other basking in “light”. The darkness which prevails in the villages and the light which makes the modern cities glow…

The protagonist who started his life in the darkness and moved into the light, provides an account of the path he took to carve out of himself a successful entrepreneur. The character himself is clear on the morality issues, but has no repentance of what he did in his journey towards entrepreneurship. Very fluently, he continues providing his confessions of the crimes he keeps on committing, but at the same time, he has no repentance of what he did in his journey towards entrepreneurial success. He sites numerous evidence of the injustice and corruption prevailing in India driven by an extremely servitude attitude of those who are at the receiving end.

Aravind Adiga is successful in building empathy for the character, while keeping the style of narration extremely simple and entertaining.

However, he draws a very gloomy picture of India. Even the “light” of the cities is tainted with all the “darkness” of humanity. Of course, this is an individual and independent story line, but this book which has already won Bookers is likely to lend a distorted touch to the success stories prevalent in India.

THE GOD OF SMALL THINGS

Semi autobiographical in nature, this book depicts the fall of a Syrian Christian family pictured against the contemporary social happenings in the state of Kerela. Lyrical in style and innovative in approach, the author has built the narration through a series of flashbacks and flashforwards.

Through the lives of a pair of fraternal twins names Estha and Rahel, the author articulately weaves the rest of characters and relates them with something, which could probably have influenced her in her real life. Unhappiness is one common chord that can be identified with most of the characters…a kind of unhappiness which finds its source within the family setup. The weakness of the family system is the basis of the story. However, external factors like untouchability, communism, politics and other social prejudices have influenced the family set up to a large extent. She uses Malayalam terms like Mammachi, Kochamma, Sophie Mol to integrate the characters to the local setting.

Narration is as beautiful as ever. In one section, the author describes Kathakali dance. Very rarely have I read a description as beautiful as this.

The theme is probably supposed to be tragic but I guess it’s slightly difficult to empathize with the author. No emotional link is likely to develop with the characters. It’s once again the beauty of the words that creates the magic

THE ENCHANTRESS OF FLORENCE

This book, which is an amalgamation of fables and history, brings together the stories from three different lands (India, Persia and Italy) with a remarkable sense of imagery and floral fantasy. The theme links the Mughal Indian culture with that of the creativity of the Florentine renaissance through the beautiful princess Qara Koz. The linkage in itself is a marvelous thread of Rushdie’s imaginations...adding to the existing richness of the medieval history…which moulds together the complexity of power, politics, valor, betrayal and lust. The span of characters ranges from Akbar to Machiavelli, from an Uzkek Khan to a Persian prince, from Birbal to Abul Fazl…it’s just too extensive and unending.

A complicated Indian emperor, a mysterious stranger from Florence and the parallel subscripts of reality intertwined with imaginations and fanciful magical effects.….this book is an example why Salman Rushdie is one of the most complicated authors of this age. This book probably also acts as the voice of Salman Rushdie into his views on religion and on the existence of God. Feminine beauty is synonymous with eroticism in most of its contexts.

But, more than anything else, the book is about dazzling, ornamental lines with a fairy tale approach. If you can allow yourself to sink into this Rushdie’s creation and keep a distance from reality, you will definitely feel the extension of your imaginative horizon. Where can one find a book, where each line carries the floral effect of imagination with such glitter...that you have to stop for a while to imagine the rich dreamlike setting.

“From the black bowl of the skies, came the answering fires of the stars”

This is not an easy book to read…and not at all an easy book to understand….nevertheless an excellent book to enjoy the beauty and magic that words of classic Rushdie can create.

FOR ONE MORE DAY

Like the earlier works of Mitch Albom, this book is brushed with the theme of life and death. But, it’s not about life and death. Like his earlier works, Albom has employed the medium of life and death to explore something else, something so evident and yet so evasive. In this book, it’s about relationship.

It’s about taking relationships for granted and realizing its value only after it is too late. While the mother-son relationship is pictured in this book, but the underlying sensitivity can be applicable to every other relationship. With respect to the story in particular, I will rather leave it untouched in this post.

The novelty factor is missing as this book bears certain similarities of approach as in “Five People….”. So, probably for someone who is used to Albom’s mode of expression, the excitement factor might take a hit, nevertheless I recommend this book strongly. Especially, in the kind of nuclear life we are getting used to….with personal ambitions shading the sweetness of relationships….this book will indeed give you something to think about.

SOME OLD HABITS WELL PRESERVED

Some hold habits getting lost…some new habits getting developed….and in this process I feel I have left my blog untouched for quite some time. Not that I am short of topics to write, but the new habits seem to overpower me into adding more novelty into life.
My experience with books continues…Mumbai has forced me to continue my readings during commuting….and since commuting never ends, reading has remained one of those habits which is still well preserved. It’s more than two years since my entry into this enigmatic city and I am still to understand how this city turns home for so many millions. Life cannot be more difficult and yet the influx continues. Anyway…we will reserve this discussion on Mumbai for some different post. My intention of this post is to mention the last few books, which I read….each of which I will be discussing in different posts.
1. The Last Lecture
2. The God of Small Things
3. For One More Day
4. The Enchantress of Florence
5. The White Tiger
Five completely different genre of books in different settings….one about how to live life, one on society, one on relationship, one about fables of medieval world and one about India.

THE AUDACITY OF HOPE

In his early twenties…yet enriched with multitude of experience. Half American and half Kenyan, early childhood in Hawaii, parents getting divorced, moving to Indonesia to stay with Indonesian step-father, staying with grandparents in Hawaii….this is indeed a childhood that possesses the sensitivity to carve out a successful story for others to read. As if the family aspect were not enough, this childhood was exposed to racism in the developed world and poverty in the developing world. The first book by US President Barack Obama “Dreams from my Father” is a narration of experiences, about society and life…in US, Indonesia and Kenya. It’s about youthful confusions about identity and race. Last but not the least, it’s a biographical account of the first twenty odd years of a phenomenon called Obama. Who knew then, that this guy will beat all the odds…against origin….against experience…against life…to become the most powerful person in the globe.

More than a decade after his first experience as an author, Obama wrote his second book. This book is about the answers. Though it’s more of a political address, resembling a political ideology, but something within it seem to provide an answer to the questions that were raised in the first book….about race, religion, family and work and about politics....as it should be. This book titled “Audacity of Hope” stresses the importance of reality vis-à-vis blind optimism, a pragmatic approach towards politics…and the way it should serve people…creating value based opportunities, unstained by racism and religion. Politics is not sensation…its something moderate.

“What’s there in a name?” – They say. But here is a name for a political address of twenty minutes which made a presidential candidate out of a relatively junior senator and a name of an international best seller……The audacity of hope!!!...

Excerpt-
“In the end, that's what this election is about. Do we participate in a politics of cynicism or a politics of hope? John Kerry calls on us to hope. John Edwards calls on us to hope. I'm not talking about blind optimism here -- the almost willful ignorance that thinks unemployment will go away if we just don't talk about it, or the health care crisis will solve itself if we just ignore it. No, I'm talking about something more substantial. It's the hope of slaves sitting around a fire singing freedom songs; the hope of immigrants setting out for distant shores; the hope of a young naval lieutenant bravely patrolling the Mekong Delta; the hope of a millworker's son who dares to defy the odds; the hope of a skinny kid with a funny name who believes that America has a place for him, too. Hope in the face of difficulty. Hope in the face of uncertainty. The audacity of hope!!!”

BUDGETING AND BLACK SWAN

I have been involved in the corporate budgeting exercise for the last two years (though in two different organizations). Numerous events have filled in this gap of one year between the period of the two budgets. One of them is the experience of acquainting myself with two books of Nissim Taleb – “Fooled by Randomness” & “The Black Swan”. You know you are influenced by a book when you feel the essence of book getting reflected in any other activity of your daily life and these books are so ornately designed to do that.

In these books, Taleb stresses the role of high impact, highly improbable events (which he calls black swans), which most people ignore (to make predictions and forecasts). He is against derivation of general rules from observations and stresses the incomputability of the probability of the consequential rare events from empirical observations. Taleb is known for his severe distrust of models. He is not against experiments and fact collecting but warns against generalizing into theories.

“We respect what has happened ignoring what could have happened. In other words we are naturally shallow and superficial and we don’t know it. We see the world as structured and comprehensible.”

We make our budgets, based on forecasts and backed up with sensitivity analysis models. Our sensitivity analysis is a model which rarely accommodates the possibility of a black swan. We trust the past. We seem to understand the present. In the absence of any black swan type of events, we tread the normal path….But in the event of a black swan…”who knows”.

My first budget experience never considered these events (I have started calling them black swans) which became visible only after they happened – the financial crash and the drastic fall of oil prices being two major ones. As I am in the process of preparing next year’s budget, I keep on wondering the black swans which will make their presence felt during the course of the year.

BEAUTY, SPIRITUALITY, CONFUSION AND PC

Penning down thoughts is a healthy habit….at least I feel so…of course it’s highly personal in which way one might prefer recording his/her thoughts. For some reason, which I am still unable to explore, I like to record my thoughts on books in this blog. One reason might be that when I revisit some earlier post I can link myself with some aspect of my past, which has, in some subtle manner, become a part of me…
It’s not only about reading a book. It’s also about when are you reading a book…and under what circumstances you are reading this particular book. Reading a Paulo Coelho book, while commuting in a morning Mumbai train can be different from reading the same book after a day’s work. It’s not about the lag in connectivity of your internal assimilation of the author’s message...it’s rather about how the day’s process keeps on adding layers of periodic reflexes which by the end of the day influences your views on your earlier interpretation of the book.
Let’s restrict to Paulo Coelho at the moment. His works are a mix of beauty and spirituality….about the discovery of an individual’s desires, fear, courage etc….Many individuals feel that this mix of beauty and spirituality creates an intensely inspirational self search within. They feel that most of Paulo Coelho books (Alchemist, Fifth Mountain, Pilgrimage, Eleven minutes, Zahir, Maktub, Valkyries…) are extremely rich in their content of the level of inspiration.
I enjoy the works of Paulo Coelho…..more so while making my early morning commute to the office….when a day is just about to start… The morning train presents you with the first glow of the morning sun, the thinning fog, the hills, the sea….creating the perfect ambience to delve deeper into what Paulo wants to say. Interestingly in most of books, Paulo uses different elements of nature (the deserts of Egypt, the Steppes of Kazakhstan, the deserts of California, the mountains of the ancient Israel and Lebanon etc.)…and this is a great way of integrating the exterior beauty with interior spirituality.
As long as you are in the morning train, you seem to relish his thoughts, the way he writes, the ambience he builds, and to some extent you can indeed enjoy a refreshing feeling, which can probably be classified as an indigenous version of spirituality.
But then, the day moves ahead….you are in the office….you take a quick look at your diary….you systematically read the mails…you start filling in your plan sheet for the day. You get back to the reality…stepping down from the elevated level you had reached during your morning train journey. Your records remind you that there is a presentation to be made to the senior management, elucidating your plans for the year…your mails bring you the news that one of your clients has gone bankrupt…its painful to realize this and more so especially when there were receivables to be realized from them. You visit the news channels to get the feel of the daily oil prices….your business is so closely linked with the oil prices…and sadly, the oil prices are hovering only in the USD 40 per barrel mark….
Which is the latest tender to be filled? How do we obtain prequalification to work in some new location? The list of questions that demand an answer keeps ever elongating. There are quite a number of new ships to be delivered the course of the year and they have to be committed…with “reliable” clients. By reliability, I mean they should not go bankrupt without paying us our receivables. But then, how to know who is reliable under this market situation.
Finally amidst all the confusion, speculations, and optimism….the day ends. You get back home….you make phone calls to those who matter most to you, you realize that for your dearest ones, the day is not much different…though mapped in a different setting.
Its almost midnight. In another 6 hours, the next day is going to start. You ensure that your laptop and important files are well arranged in the bag. And there you see, the Paulo Coelho classic is lying within. You take it out…read some of its lines….and ask yourself “Is this the same book which I was reading today morning?”
The next day begins….and you start commuting….and open your book where you had put the marker the previous day….and start reading it….just as you did it the previous morning...reaching the elevated levels of indigenous spirituality.

INTERESTING

"It is a strange desire, to seek power, and to lose liberty; or to seek power over others, and to lose power over a man's self." - Francis Bacon

SO FAR....

SO FAR…
Six years of professional life…or was it just a blink….
Three different companies…..three different industries…..three different roles…..
Shipbuilding….Power Transmission and Distribution….Oceanic Oil and Energy Exploration and Production…
Technology….Finance….Business Development....
Once again its about the ships....this time not building them...but learning how to use them to create wealth......

ATTITUDE

"If you are trying to build a ship, do not tell your workers to go to the forest, chop wood, and build a ship. Instead, instill in them the desire for the sea. They will do the rest." - Deepak Jain

QUOTES FROM SHANTARAM

"Shantaram" is such a classic that every line of this 1000-pager can prove a memorable line to think about. My favorites.....

(1) It's forgiveness that makes us what we are.
Without forgiveness, our species would've annihilated itself in endless retributions. Without forgiveness, there would be no history. Without that hope, there would be no art, for every work of art is in some way an act of forgiveness. Without that dream, there would be no love, for every act of love is in some way a promise to forgive. We live on because we can love, and we love because we can forgive.

(2) Sometimes we love with nothing more than hope. Sometimes we cry with everything except tears. In the end that's all there is - love and its duty, sorrow and its truth. In the end that's all we have - to hold on tight until the dawn

(3) One of the ironies of courage and why we prize it so highly, is that we find it easier to be brave for someone else than we do for ourselves alone

(4) The tendency towards complexity has carried the universe from almost perfect simplicity to the kind of complexity that we see around us, everywhere we look. The universe is always doing this. It is always moving from the simple to the complex.

(5) And I looked at the men, the brave and beautiful men beside me, running into the guns and God help me for thinking it, and God forgive me for saying it, but it was glorious, it was glorious, if glory is a magnificent and ruptured exaltation. It was what love would be like, if love were a sin. It was what music would be, if music could kill you. And I climbed a prison wall with every running step.

(6) The only time he ever stopped hating himself was when the risk he faced became so great that he acted without thinking or feeling anything at all

(7) At first, when we truly love someone, our greatest fear is that the loved one will stop loving us. What we should fear and dread instead is that we won’t stop loving them, even after they are dead and gone.

(8) Nothing in any life, no matter how well or poorly lived, is wiser than failure or clearer than sorrow. And in the tiny precious wisdom they give to us, even those dreaded and hated enemies, suffering and failure, have their reason and their right to be.

(9) I don’t know what frightens me more, the power that crushes us, or our endless ability to endure it

(10) A dream is a place where a wish and a fear meet. When the wish and fear are exactly the same, we call the dream a nightmare.

(11) Guilt is the hilt of the knife that we use on ourselves, and love is often the blade; but it’s worry that keeps the knife sharp; and worry that gets most of us, in the end.

(12) Luck is what happens to you when fate gets tired of waiting.

(13) Sometimes you love only with hope, sometimes, you cry without tears. Sometimes, that’s all that is left, to cling together till the dawn.

(14) The past reflects eternally between two mirrors -the bright mirror of words and deeds, and the dark one, full of things we didn't do or say.

(15) Men reveal what they think when they look away, and what they feel when they hesitate. With women, it’s the other way around.

(16) Happiness is a myth. It was invented to make us buy new things.

(17) It's such a huge arrogance, to love someone, and there's too much of it around. There's too much love in the world. Sometimes I think that’s what heaven is - a place where everybody's happy because nobody loves anybody else, ever.

(18) You can never tell what people have inside them, until you start taking it away

(19) Silence is the tortured mans revenge

(20) News is about what people do. Gossip is about how they enjoyed doing it.

(21) Every virtuous act has some dark secret in its heart; every risk we take contains a mystery that can’t be solved.

(22)...The wrong thing for the right reason…

COMFORT ZONE

One year and three months….this is the time I spent during the tenure of my first post-MBA job. Another week, and after that I will be moving out to try the next assignment of professional life.

These fifteen months were certainly not without learnings….This is the place where I got a chance to work closely with the top management….this is the place where I feel I have developed a sense of professional maturity (in other words, patience). It was also the place where I got the first hand glimpse of what we had learnt in the first half of ISB – mostly Corp Fin and Accounting.

However, in spite of all the learnings, I could feel myself drifting into a comfort zone. Corporate life in a big company is slow (at least at my level). The easy money associated with it promises a safe, yet predictable and unexciting life. After a certain stage, every day is a replica of another, months and quarters are cyclical, and the initial excitement level keeps dropping.

And after a certain period, you wonder …. “Lets get out of this comfort zone, lets try something which has the potential to pump in more professional excitement into life”

LAST SIX BOOKS

Sometimes we read books to kill time…Namesake, Above Average, The Sub Altern Saheb
Sometimes we read to experience the adrenaline rush…Airport, The Final Diagnosis
Sometimes we read to lie down and keep recollecting the experience of reading the book ...Shantaram

THANKS

With the frequency of posts at its lowest, I had the impression that this blog is in a state of wilderness…with no visitors. However I was wrong…

Many thanks to all those who have posted those lovely comments….

TRUST

Isn't this what "trust" is about....