The winning WayBy Anita Bhogle and Harsha Bhogle

“Challenges in Today's World”

Prepared ByDeepak Rajkumar Gulf Oil Corporation LtdHyderabad

Challenges in Today's World

You cant put a limit on anything , the more youdream, the farther you get.

---MICHAEL PHELPS

“If you think you can do a thing or think you can’t do a thing, you’re right.”

---Henry Ford

Challenges in Today's World

A New Generation

Older Values like living within one's means, humility and conformity, no longer appeal to the new generation to whom credit and high-flying seem the only way to live.

The new consumer, the new sportsman, as also the young workforce is a strange and unfamiliar animal, and managers have to deal with a whole new set of challenges.

Challenges in Today's World

The biggest change has been that people are now being recognized as a company’s true assets.

The Service Sector has grown much more in Comparison to others, making the selection of employees even more critical.

India has no dearth of talent but talent is not much use without the right work ethic.

Managers and acquisitions alter the DNA of an organization and can result in Us-and-Them situations that leave teams fractured.

Challenges in Today's World When twenty20 cricket began, everyone believed it

would be a young man's game, three IPL seasons later, many from the older guard who adapted to the new format have been found to be more consistent and reliable.

On the other hand, today's generation is very smart, and technologically savvy and very clued into global developments.

Occasionally, we have found companies unable to keep up with the ambition and drive of this generation.

Challenges in Today's World

While the opportunity is huge, it comes with the realization that winning today does not necessarily translate into winning tomorrow since tomorrow could be so vastly different from what today is.

Winning tomorrow is an important as winning today .

In teams too, the trick is in developing young players around the older players who are established but will retire.

Challenges in today's World

A company like mankind, a recent entrant to the Pharma industry came up with a rather aggressive pricing strategy and an unusual thrust on rural and semi-rural market, and forced giant’s from the industry to rethink their strategies.

Innovations like cricket latest shot, the ’DILSCOOP’ introduced and perfected by ‘TILAKARATRE DILSHAN’ give the innovator a lead over competition until every one else figures it out.

Challenges in Today's World

The fall of tiger woods, Lehman brothers or the Pakistan

cricket team proves that integrity is essential for sustained

success.

Strong brands like Citibank and Australian cricket exposed

the chinks in their armor and disproved their infallibility.

It tells us that nothing is permanent and that there is

always an opportunity.

Challenges in Today's WorldSport teaches us the importance of a healthy mind and

body the value of discipline and worth ethic and the need

to play not just with others, but also for them.

Innovation has to be an integral part of work culture and we

have to constantly strive to do the same things more

efficiently.

India has no dearth of talent but talent is not much use

without the right work ethic.

Challenges in Today's World

As Shane Warne commented on Monty pinesap's bowling“is he playing his 33rd test or is he playing his first test forthe 33rd time”

Sport shows us that if we combine our ability with the rightattitude and are passionate about our work or business,there is no limit to our advancement.

Challenges in Today's World

Commit yourself to excellence, and

success will definitely follow.

HAPPY WINNING TO EACH ONE OF YOU

Thank you....