Will someone bet on you?

This new year once again comes with many new hopes and many new dreams. However, like always, it is not the new year that brings you success, but we ourselves. It is very interesting to hear and know about great people who made their name in the industry and who are now iconized for their ways of doing things that has given them success. One such person who we all know is Warren Buffett.

Warren Buffett has a unique way of identifying someone who he can bet on. This is a model that talks a lot about what as a professional we should be investing in now and in our future so that we become someone who investors and opportunity givers look to bet upon.

buffett

Buffett would bet on someone who has intelligence. This is no big deal as everyone would look for highly intelligent people. But no. He is not looking for highly intelligent people who have very high IQ or would have scored very high in their university grades. His intelligence means someone who can deflect a problem that comes on day to day basis and understands how not to repeat the mistakes. In our day to day life we should look at using our intelligence by looking around, gathering data and analyzing those patters to arrive at best decisions. I have seen very few highly intelligent individuals who have made it big in life. Most of the leaders were intelligent enough to deflect problems and not repeating their mistakes. They know how to market themselves and how to get smarter and more intelligent people to work for them. True intelligence is something that can be put to use for a better cause and that is what Buffet would probably like to see in someone who he would like to bet upon.

The second important trait Buffett would look in someone who he feels can be the right person to take a business ahead is someone who has energy. With energy, he does not mean a person who can run a marathon every day or someone who can do hundreds of pushups at a drop of a hat. His energy is directed at the mental energy a person exhibits. Someone ho is passionate to achieve something and is driven by his passion and conviction to do the things they feel worth doing. Most of the successful people have been highly passionate in doing what they did. Successful sportsmen, scientists, leaders and even housewife who have had good mental energy and a conviction with them are those with the right kind of energy that Buffet would like to see in someone he would like to bet upon.

The third and the most important aspect of the filter he puts in is that of ‘Being Ethical’. Most of us see ethical as something that ensures that we do nothing against the law or doing nothing that is not deemed right. However, being truly ethical goes beyond this very obvious definition. Most of us miss this definition by miles when we do not understand that we owe a lot to others whenever we get anything in our lives. By being truly ethical, we try to give back more than what we got from any one. More to our mothers who gave us so much affection when we were kids. More love to our brothers and sisters who sacrificed their own to see smiles on our face. Respect to our teachers by teaching more children who cannot afford to go to school. Give back to the doctor who treated us by giving back help to someone who truly deserves. Giving back more return to the investor who put faith in us by putting money in our business. A true ethics is about being fair and giving back every goodness that we received and turning our society a great one to live in for us and our children.

If we take a resolution to be doing all of these three things, I am sure, one fine day, there would be some ‘Warren Buffett’ who would come in to change our lives by betting their money on us and help us become someone we truly deserve to be.

 

Alok Kumar

Alok Kumar is Managing Partner of SRKay Consulting group, a private equity company, nurturing innovative ventures. Alok also serves on the board of ICCL (Indian Clearing Corporation Limited - A subsidiary of BSE- Bombay Stock Exchange) as an external advisor for technology and information security. Prior to this, Alok had been Managing Director of Sears IT & Management Services India Private Limited (SHI) since its inception in December 2009 and served in the same position till very recently. Having been in senior IT management positions in Fortune 500 companies, Alok has won several national and international awards. Alok is instrumental in planning and setting up SHI and thereafter growing it to a multi-locational thousand-plus people organization. Over the last five years, with his strategic vision, Alok helped SHI grow roots in India, develop and support technology applications and infrastructure across core mainframe, cutting edge e-Commerce and big data technologies. With his unique people-oriented transformational leadership style, Alok turned SHI into one of the most valued investments of Sears, garnering great ROIs, and creating value much beyond cost arbitrage. Under his tutelage, SHI has filed two patents and is recognized widely for its best practices in various areas, the latter, currently featured in Indian Institute of Management (IIM) case studies. SHI also became a CMMI Level 3, PCMM Level 3, and ISO 20000 certified organization. Alok is a widely acclaimed corporate leader in India today. He regularly participates and leads various forums as a keynote speaker and is an author of several books in different genres. Alok has several awards to his credit. He is particularly known in the industry for his people management skills and innovative ideas in improving the productivity of employees through unique people practices. He has been credited with the following industry awards: ¬ Emerging Leader of the Year award 2013 by IndiasGreatest.com ¬ Game Changer CEO of the Year 2013 (SHRM) ¬ CIO 100 - The Bold CIOs - 2008 (Reliance Infosolutions) ¬ CIO - Ones to Watch Award 2008 (Reliance Industries) ¬ Extended Manager Award - CIOL 2004 (Tata Teleservices) As an able leader of SHI, Alok got SHI recognized widely in the industry with the following several awards: ¬ CII Award for HR Best Practices in 2014 ¬ Global Excellence in Outsourcing Award - AIOP (Phoenix 2013) ¬ IT Innovation Award (Design & Engineering) - Computer Society of India 2012 ¬ Golden Company of the Year - Economic Times 2011-12 ¬ 7th Employer Branding Awards - World HRD Congress (Mumbai, India) 2013: • ‘Asia’s Best Employer’ Award • ‘Best HR Strategy’ in line with business • HR Leadership Award • Talent Management Award by Bloomberg TV India ¬ Employer Branding Awards - World HRD Congress (Singapore, Asia) 2013: • 7th rank in ‘Asia’s Best Employer’ award • Award for ‘Best HR Strategy’ in line with the business • HR Leadership Award Other recognitions: Alok had served on the distinguished panel of NASSCOM's GIC (Global In-house Centers) National Council members. The council members play a key role in major initiatives of the industry and include the torch bearers of IT industry as panel members. Books and Papers: Alok is an established author, with three books to his credit. Alok’s third and latest book, a novel, “The Spy from Unaula” is a 2015 publication. A handwriting analysis enthusiast, Alok collaborated with his wife Nandani on the book, “Handwriting Speaks” in 2006. “Value Sourcing – Future of IT Outsourcing” was co-authored with Keith Sherwell (currently CIO, Altice USA) and was released in 2013. Alok also researched and published two whitepapers: a. “Creating next generation captives” talks about the best practices that are helping generate higher value from the IT company captives.

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