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Anand Deshpande
Founder, Chairman
Persistent Systems Limited, Pune
Managing My Professional Career
August 2019
anand@persistent.com
Thank you for inviting me here!
2
Anand Deshpande
http://www.linkedin.com/in/ananddeshpande
(BSE, NSE: PERSISTENT)
FY 19
Revenues: ₹ 33,659 M
Profit: ₹ 3,516.79 M
10,000 Employees
in 18 countries
Family Foundation on
a mission to help 25,000
self-employed businesses
Trained and practicing Computer
Science Engineer
B.Tech.(Hons) M.S. and Ph.D.
Part-time Member of UIDAI
Self-learnt entrepreneur
Have been at it for 29 years
Specialize in databases Founding
member of
iSPIRT
Founding President ACM India
3
The Context
4
Most of you will
live past 80 and
many of you past 100
You are one among
more than 25 Million
people
your age in India
You are already
at
the pole position
The Context
5
Most of you will
live past 80 and
many of you past 100
You are one among
more than 25 Million
people
your age in India
You are already
at
the pole position
You are not retiring until you are 75!
Reality of the Industry
Rate of Change is not
just constant,
it is linear!
Change is Exponential
Life of Companies
is getting
shorter
Effort required for
the same work is
going down
6
Reality of the Industry
Rate of Change is not
just constant,
it is linear!
Change is Exponential
Life of Companies
is getting
shorter
Effort required for
the same work is
going down
Don’t expect Companies to provide lifetime employment!
7
Changing Work Environment
8
Hire as needed.
Contract Employment
The
“Me” Enterprise
The Uber Effect
is going to radiate to
other industries and all
walks of life
Changing Work Environment
9
Hire as needed.
Contract Employment
The
“Me” Enterprise
The Uber Effect
is going to radiate to
other industries and all
walks of life
Gig Economy is here to stay.
How do I Manage My Career?
My
Family
My
Work
Me
Life is Intertwined…
11
My
Community
You are Responsible for Your Life!
12
ActThink Plan
Four Stages of Planning Your Career
14
10 Years
1 Learn and Network
32 Years
10 Years
2 Establish an Identity
42 Years
10 Years
3 In pursuit of
the Corner Office
52 Years
10 Years
4 The Final Run and
Setting up Retirement
52 Years
10 Years
4 The Final Run and
Setting up Retirement
Four Stages of Planning Your Career
15
10 Years
1 Learn and Network
32 Years
10 Years
2 Establish an Identity
42 Years
10 Years
3 In pursuit of
the Corner Office
Learn and Network
16
Learn. Broaden your
personality by
becoming multi-skilled
You get better when you
introspect
Build a network.
Include some mentors
Beyond the Professional Career
17
Relationships and
building a family
Pursue your
hobbies and dreams
Learn to accept
diversity
52 Years
10 Years
4 The Final Run and
Setting up Retirement
Four Stages of Planning Your Career
18
10 Years
1 Learn and Network
32 Years
10 Years
2 Establish an Identity
42 Years
10 Years
3 In pursuit of
the Corner Office
Establish an Identity
19
Invest in yourselvesBecome an expert.
Can do that in only
a few things
Let the world say it
Beyond the Professional Career
20
To get you must give firstAdjust your lifestyle to
your means
Financial Security
Four Stages of Planning Your Career
21
10 Years
1 Learn and Network
32 Years
10 Years
2 Establish an Identity
42 Years
10 Years
3 In pursuit of
the Corner Office
52 Years
10 Years
4 The Final Run and
Setting up Retirement
In Pursuit of the Corner Office
22
Define your
corner office
You have three steps
to the
corner office
It is not a plan unless it is
written down
How do you define your corner office?
23
Enumerate the possible
corner offices
What do I like doing? What do I not like doing?
How Does a Large Company Hire for a CXO Position?
24
Promote from
within
Someone who is already
a CXO in a smaller business
Someone who is running
a large
business unit in
a larger Company
You can jump off the chase
by starting on your own!
Start Your Own Company?
26
Why not do your own? There is support I am Supporting
Entrepreneurship
Four Stages of Planning Your Career
27
10 Years
1 Learn and Network
32 Years
10 Years
2 Establish an Identity
42 Years
10 Years
3 In pursuit of
the Corner Office
52 Years
10 Years
4 The Final Run and
Setting up Retirement
Setting Up For Retirement
28
You will still have many
more years of
active life left
Contributing to the SocietyBuilding your Legacy
Four Stages of Planning Your Career
29
10 Years
1 Learn and Network
32 Years
10 Years
2 Establish an Identity
42 Years
10 Years
3 In pursuit of
the Corner Office
52 Years
10 Years
4 The Final Run and
Setting up Retirement
What Should You Do Now?
30
Build a network of
connections
Build a personal brand Learn to communicate
with style
Personal Code of Ethics – Zero Compromise on Ethics
31
If it comes down to your ethics
versus your job, choose ethics.
You can always find another job.
Sallie Krawcheck CEO of Co-founder of Ellevest
32
The Leadership Journey
Destination
Leadership
Embody
a Purpose
Look in the
Mirror
Don’t Walk
Alone
Navigate
beyond the
Horizon
33
The Emergence of The “Me” Enterprise
 The World's Largest taxi company
(Uber) owns no taxis
 The world's largest accommodation
provider (AirBnB) owns no real estate
 The largest communications
companies (Skype, Whats App,
Facebook Messenger, Viber)
own no infrastructure
 The most popular media platform
(Facebook) creates no content
 The fastest growing banks
(Kickstarter, Apple Pay) actually
have no money
 The world's largest movie house
(Netflix) owns no cinemas
 The world's largest software vendors
(Apple, Facebook, Google)
don't write the apps
 The "Me" Enterprise is an employee,
manager or leader who creates his or
her own mission statement, own
strategy and own blueprint for success
 Treats the employer as their customer
 They act as if this is their company.
Though I am the CEO of this Company
my best leaders all behave as if they
are the CEO. They take responsibility,
they make decisions, they solve
problems as if this their company and
the company's ultimate success
depends on them
34
Personal Code of Ethics – Zero Compromise on Ethics
A master in the art of living draws no sharp distinction between his work and his play; his labour and
his leisure; his mind and his body; his education and his recreation. He hardly knows which is which.
He simply pursues his vision of excellence through whatever he is doing, and leaves others to determine
whether he is working or playing. To himself, he always appears to be doing both.
Education through Recreation (1932), p. 1.
Lawrence Pearsall Jacks (9 October 1860 – 17 February 1955),
usually cited as L. P. Jacks,
was an English educator, philosopher, and Unitarian minister who rose
to prominence in the period from World War I to World War II.
35
36
37
Excellent article on Networking
38
 http://benjaminreinhardt.com/networking-for-nerds/
 Here are just a few of the specific tactics I’ve developed. At the end of the day, all
of them boil down to one thing - make it easy for the other person - to
remember you, to help, and to meet.
 Tactic 1: The Projection Model
 The trick is that projections are small and can only hold a few pieces of information (rule of thumb - about three.) In order to maximize the effectiveness
of your projections, figure out which things you want to be associated with in people’s heads and be excited about them. Nothing is more memorable
than distinct excitement. Similarly, try to figure out the things that drive the whomever you’re talking to and incorporate them into your mental
representation of that person. The best way to encourage people to keep you in mind is to keep them in mind.
 Tactic 2: Know your ask: Make it Easy to Help
 Tactic 3: Pre-Meeting Motions
 Since relationships are built through 1-1 interactions, you can’t build meaningful relationships without 1-1 meetings. It took me a long time to
realize that there are tons of things you can do to make a meeting great before it even starts.
39

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Managing my career (isb august 2019)

  • 1. Anand Deshpande Founder, Chairman Persistent Systems Limited, Pune Managing My Professional Career August 2019 anand@persistent.com
  • 2. Thank you for inviting me here! 2
  • 3. Anand Deshpande http://www.linkedin.com/in/ananddeshpande (BSE, NSE: PERSISTENT) FY 19 Revenues: ₹ 33,659 M Profit: ₹ 3,516.79 M 10,000 Employees in 18 countries Family Foundation on a mission to help 25,000 self-employed businesses Trained and practicing Computer Science Engineer B.Tech.(Hons) M.S. and Ph.D. Part-time Member of UIDAI Self-learnt entrepreneur Have been at it for 29 years Specialize in databases Founding member of iSPIRT Founding President ACM India 3
  • 4. The Context 4 Most of you will live past 80 and many of you past 100 You are one among more than 25 Million people your age in India You are already at the pole position
  • 5. The Context 5 Most of you will live past 80 and many of you past 100 You are one among more than 25 Million people your age in India You are already at the pole position You are not retiring until you are 75!
  • 6. Reality of the Industry Rate of Change is not just constant, it is linear! Change is Exponential Life of Companies is getting shorter Effort required for the same work is going down 6
  • 7. Reality of the Industry Rate of Change is not just constant, it is linear! Change is Exponential Life of Companies is getting shorter Effort required for the same work is going down Don’t expect Companies to provide lifetime employment! 7
  • 8. Changing Work Environment 8 Hire as needed. Contract Employment The “Me” Enterprise The Uber Effect is going to radiate to other industries and all walks of life
  • 9. Changing Work Environment 9 Hire as needed. Contract Employment The “Me” Enterprise The Uber Effect is going to radiate to other industries and all walks of life Gig Economy is here to stay.
  • 10. How do I Manage My Career?
  • 12. You are Responsible for Your Life! 12 ActThink Plan
  • 13. Four Stages of Planning Your Career 14 10 Years 1 Learn and Network 32 Years 10 Years 2 Establish an Identity 42 Years 10 Years 3 In pursuit of the Corner Office 52 Years 10 Years 4 The Final Run and Setting up Retirement
  • 14. 52 Years 10 Years 4 The Final Run and Setting up Retirement Four Stages of Planning Your Career 15 10 Years 1 Learn and Network 32 Years 10 Years 2 Establish an Identity 42 Years 10 Years 3 In pursuit of the Corner Office
  • 15. Learn and Network 16 Learn. Broaden your personality by becoming multi-skilled You get better when you introspect Build a network. Include some mentors
  • 16. Beyond the Professional Career 17 Relationships and building a family Pursue your hobbies and dreams Learn to accept diversity
  • 17. 52 Years 10 Years 4 The Final Run and Setting up Retirement Four Stages of Planning Your Career 18 10 Years 1 Learn and Network 32 Years 10 Years 2 Establish an Identity 42 Years 10 Years 3 In pursuit of the Corner Office
  • 18. Establish an Identity 19 Invest in yourselvesBecome an expert. Can do that in only a few things Let the world say it
  • 19. Beyond the Professional Career 20 To get you must give firstAdjust your lifestyle to your means Financial Security
  • 20. Four Stages of Planning Your Career 21 10 Years 1 Learn and Network 32 Years 10 Years 2 Establish an Identity 42 Years 10 Years 3 In pursuit of the Corner Office 52 Years 10 Years 4 The Final Run and Setting up Retirement
  • 21. In Pursuit of the Corner Office 22 Define your corner office You have three steps to the corner office It is not a plan unless it is written down
  • 22. How do you define your corner office? 23 Enumerate the possible corner offices What do I like doing? What do I not like doing?
  • 23. How Does a Large Company Hire for a CXO Position? 24 Promote from within Someone who is already a CXO in a smaller business Someone who is running a large business unit in a larger Company
  • 24. You can jump off the chase by starting on your own!
  • 25. Start Your Own Company? 26 Why not do your own? There is support I am Supporting Entrepreneurship
  • 26. Four Stages of Planning Your Career 27 10 Years 1 Learn and Network 32 Years 10 Years 2 Establish an Identity 42 Years 10 Years 3 In pursuit of the Corner Office 52 Years 10 Years 4 The Final Run and Setting up Retirement
  • 27. Setting Up For Retirement 28 You will still have many more years of active life left Contributing to the SocietyBuilding your Legacy
  • 28. Four Stages of Planning Your Career 29 10 Years 1 Learn and Network 32 Years 10 Years 2 Establish an Identity 42 Years 10 Years 3 In pursuit of the Corner Office 52 Years 10 Years 4 The Final Run and Setting up Retirement
  • 29. What Should You Do Now? 30 Build a network of connections Build a personal brand Learn to communicate with style
  • 30. Personal Code of Ethics – Zero Compromise on Ethics 31 If it comes down to your ethics versus your job, choose ethics. You can always find another job. Sallie Krawcheck CEO of Co-founder of Ellevest
  • 31. 32
  • 32. The Leadership Journey Destination Leadership Embody a Purpose Look in the Mirror Don’t Walk Alone Navigate beyond the Horizon 33
  • 33. The Emergence of The “Me” Enterprise  The World's Largest taxi company (Uber) owns no taxis  The world's largest accommodation provider (AirBnB) owns no real estate  The largest communications companies (Skype, Whats App, Facebook Messenger, Viber) own no infrastructure  The most popular media platform (Facebook) creates no content  The fastest growing banks (Kickstarter, Apple Pay) actually have no money  The world's largest movie house (Netflix) owns no cinemas  The world's largest software vendors (Apple, Facebook, Google) don't write the apps  The "Me" Enterprise is an employee, manager or leader who creates his or her own mission statement, own strategy and own blueprint for success  Treats the employer as their customer  They act as if this is their company. Though I am the CEO of this Company my best leaders all behave as if they are the CEO. They take responsibility, they make decisions, they solve problems as if this their company and the company's ultimate success depends on them 34
  • 34. Personal Code of Ethics – Zero Compromise on Ethics A master in the art of living draws no sharp distinction between his work and his play; his labour and his leisure; his mind and his body; his education and his recreation. He hardly knows which is which. He simply pursues his vision of excellence through whatever he is doing, and leaves others to determine whether he is working or playing. To himself, he always appears to be doing both. Education through Recreation (1932), p. 1. Lawrence Pearsall Jacks (9 October 1860 – 17 February 1955), usually cited as L. P. Jacks, was an English educator, philosopher, and Unitarian minister who rose to prominence in the period from World War I to World War II. 35
  • 35. 36
  • 36. 37
  • 37. Excellent article on Networking 38  http://benjaminreinhardt.com/networking-for-nerds/  Here are just a few of the specific tactics I’ve developed. At the end of the day, all of them boil down to one thing - make it easy for the other person - to remember you, to help, and to meet.  Tactic 1: The Projection Model  The trick is that projections are small and can only hold a few pieces of information (rule of thumb - about three.) In order to maximize the effectiveness of your projections, figure out which things you want to be associated with in people’s heads and be excited about them. Nothing is more memorable than distinct excitement. Similarly, try to figure out the things that drive the whomever you’re talking to and incorporate them into your mental representation of that person. The best way to encourage people to keep you in mind is to keep them in mind.  Tactic 2: Know your ask: Make it Easy to Help  Tactic 3: Pre-Meeting Motions  Since relationships are built through 1-1 interactions, you can’t build meaningful relationships without 1-1 meetings. It took me a long time to realize that there are tons of things you can do to make a meeting great before it even starts.
  • 38. 39