Cracking The HR-Student Code: Lessons By Ex-CEO Pepsico & Nokia

In this episode, Shiv Shivakumar, Operating Partner at Advent International, sheds light on the harsh reality of corporate death, attributing it to a lack of foresight and comfort with past practices, known as "Habit Inertia." He emphasizes the need for inclusion and capable individuals to navigate the future. His advice to recruiters centers on valuing capability over loyalty. 

Additionally, he underscores the importance of creating an environment for employees to learn continually and elevate their performance, emphasizing the value of intellectual collaboration and stretch work. For students, he advocates self-competition, effective communication, and reviving the lost art of written expression in a world where passive observation is insufficient. 

Noteworthy Insights

• Every organization must prioritize 2 elements: energy and experience. Their harmonious fusion propels a company forward.
• Shiv suggests a shift from traditional engagement models to digitalized and transparent practices. He proposes telecasting management meetings to foster trust and engagement.
  
• He emphasizes the need for students to evolve into all-rounders, focusing not only on academics but also on effective communication and task management. Remaining relevant involves continual learning and adaptability, considering the unpredictable nature of industries.

Highlighting the attrition rate in MSMEs (45%), Shiv reveals that Indians prefer breadth in their jobs. Employees seek direction in the company's vision, engaging in stretch work and intellectual collaborations, leading to a sense of progress and job satisfaction.

• Remote work has led to a decline in 3 crucial aspects: Creativity, Collaboration, and Respect for Colleagues. Nevertheless, it has significantly increased employability, making individuals more accessible and attractive to headhunters.

Shiv recommends three insightful books: "Control Your Destiny or Someone Else Will," "Outliers" by Malcolm Gladwell, and "Elon Musk" by Walter Isaacson.

About The Guest

A distinguished alumnus of IIT Madras and IIM Calcutta, Shiv painted an illustrious career with Hindustan Lever, Nokia, PepsiCo, and the Aditya Birla Group. As one of India's youngest CEOs, he currently serves as the Operating Partner at Advent International, a global Private Equity firm. He has led over 60 brands, authored three books (Reflections, The Right Choice, and The Art of Management), and contributed significantly to business transformations.

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