Dr. Subbu's Unplugged: Wisdom and Insights

 Dr Subbu on Embracing Intelligent Failure: The Path to Success Failure, when approached intelligently, is a powerful catalyst for growth and innovation. Amy Edmondson, a seasoned expert in the psychology of failure, distinguishes between three types of failures, and today, we delve into the concept of "intelligent failure."  Here's how you can harness the power of intelligent failure to reach your full potential: 1️⃣ Venture into Uncharted Territory: Intelligent failure begins with a bold mission – one that ventures into uncharted waters. It's about pursuing goals that require breaking new ground, not merely retracing steps already taken. Remember, there's no recipe to follow; you're crafting a unique path. 2️⃣ Aim for Meaningful Progress: Your initiative should present a credible opportunity to advance toward a desired goal. It must be well-thought-out and intentional, offering substantial rewards if successful. If there's no meaningful progress at stake...

 Dr Subbu on Indian Unicorns – A facts based article "58% of Startup unicorn founders are not from any IIT." About 160+ founders come from colleges like BITS Pilani, ISB, IIFT, XLRI and many IIMs. Gone are the days when IIT was a tag. It is still the most "prestigious" university, but never a metric of any sure-shot success. Here is what is changing the game for Non-IITs: 👇 ✅Relaxation of College Attendance Norms - Relaxation of 75% compulsory attendance in most colleges. ✅Placement support - Given in case of startup failure for 2-3 years post-college. ✅Grants and Incubation money from colleges - In some cases, money is almost 1-2 CR equivalent angel cheque. ✅Setting up Technology Business Incubators (TBIs) within the college campus - 50+ TBIs have been successfully set up. ✅Active Research and Infrastructural capabilities for building the startup idea - You can find 3D Printers and STEM kits in many colleges. ➡️15 years back, IIT was the filtering criteria, and mo...

 Dr Subbu on Unlocking Productivity: Identifying and Eliminating Time Wasters! Let's talk about the precious currency of our professional lives - time. Lynda Gratton, in her insightful work, highlights 12 common time wasters that we can all relate to. Let's dive in and explore how we can reclaim our time and boost our productivity: 1. Lack of Priorities: 🎯 Focus on what truly matters to you and your goals. Avoid getting bogged down by tasks that don't align with your priorities. 2. Waiting for Inspiration: 💡 Inspiration often comes from action. Don't wait for the perfect moment; instead, create it through consistent effort and exercise of your skills. 3. Doing Everything by Yourself: 🤝 Collaboration is key. Don't hesitate to delegate tasks and leverage the strengths of your team. It's not a sign of weakness but a strategy for success. 4. Worrying About What People Will Say: 🗣️ Opinions are subjective, and not everyone will agree. Focus on your own path and g...

 Dr Subbu on Michael Pedersen's 7 Habits of Highly Determined People! In a world that demands resilience and determination, Michael Pederson has distilled key habits that set highly determined individuals apart. These habits are not just a roadmap to success, but a mindset that fuels continuous growth. Let's dive into the core principles that define Michael's philosophy: 1️⃣ Grit: Grit is the foundation of determination. It's the relentless pursuit of long-term goals despite setbacks. Michael emphasizes the importance of staying committed to your objectives, no matter the challenges that come your way. 2️⃣ Seek Discomfort: Growth happens outside of your comfort zone. Michael encourages embracing discomfort as a catalyst for personal and professional development. It's in the challenges where you discover your true potential. 3️⃣ Risk-taking: Calculated risks are stepping stones to success. Michael advocates for assessing risks, making informed decisions, and being wi...

----------------------------------------------------------------------------------------------------------------------------- Dr. M. Subramanian Head – MBA Program PhD (Finance),FDPM (IIM-A), MBA, MFC Fin-Tech, Blockchain & Analytics Visit : www.rlims.ac.in