Catalyst by CHANDRAMOULI VENKATESAN Executive summary

This is the executive summary of the book Catalyst by CHANDRAMOULI VENKATESAN

1. catalyst CHANDRAMOULI VENKATESAN The ultimate strategies on how to win at work and on life Varun kumar IMED,Pune MBA 2017-19

2. Chandramouli Venkatesan Chandramouli is a corporate veteran who has over 26 years of experience. He has worked in Asian Paints, MIRC Electronics , Cadburys and currently with Pidilite . He has conducted numerous speaking sessions, benefitting over 1000 people. This book is his learnings and reflections

3. Time Spent at work Not= Experience How many years of experience do you have walking? How many years of experience do you have sleeping? How many years of experience do you have in Finance/Sales/Marketing/HR? Highly mechanical/thoughtless way Not active learning model But for A thlete, Model

4. Time spent at work is not equal to experience . Time is not an accurate measure of experience . One of the greatest success factors at work is our ability to convert time and activity into experience . People do not employ a learning model at work. They do not have a target for work. they do not review the performance to understand reasons for success/failure Time & Experience

5. TMRR: A Catalyst for Converting Time into Experience T- Target M- Measure R- Review R-Reflection (Done better)

6. Learning Cycle Successful people participate in more learning cycles than those not successful. (Learning cycle is a new Project, Initiative or transformation) Successful people seem to have extracted more from their experience out of learning cycles.

7. Career Growth Career growth = real Individual growth +/Environmental aspects Real individual growth is about growing our knowledge, skills, judgement, influence, communication. Environmental aspects is about the buoyancy of the job market, industry factors, relative availability of talent in your skill area etc . The catalyst of career growth tends to be individual growth, simply put your career will grow as long as you grow as an individual and professional.

8. A career is in two halves 20-20 or 10-30 Most people are successful in the first part of their careers, very few are successful in the second part of their careers . We assume that if we succeed in the first, we will succeed in the second. That is not true . As you get to senior levels, the complexity changes and the quality/breadth of issues changes. Success in the second half of the career is difficult because : a. the nature of the origin pyramid b . the impact of boss and subordinates c. the preparation required to succeed at each level

9. Circle of Influence Circle of Influence Circle of Concern Focus on Circle of Influence to increase productivity Leave Circle of Concern as a plague Higher the corporate ladder, the more the need to grow your productivity Increasing Personal Productivity

10. Selection of Boss Always choose a company that has good bosses . This can be checked through their place in the talent market, their people development focus etc . A mentor is necessarily senior to you, well ahead on the career curve. A mentor is someone who knows you well. A mentor should not be in your line of authority. You have to keep in touch with mentors if you want to leverage them best.

11. Quitting a Job To quit a job, you must have the right reasons to quit. The only two credible reasons to quit are learning and fit. Learning & fit in the new company is more important than pay and other prospects. The decision to quit must be made even before you start to explore and consider outside opportunity Long stints in the same company is highly beneficial to the experience algorithm My current organization ‘ What is good ’ My future organization ‘What can be good’ My current organization ‘What is bad’ My future organization ‘What can be bad’

12. Leadership I measure leadership based on two factors – followership and influence. Followership is about the conviction people have in the leader . Leadership = (Position + Content) x Value 2 H’S VALUE Do right Do right Do Wrong Do Wrong I Others Humility Staying grounded through cycles of Success and failure

13. Thank You