Are you a 1 in 10 or a 1 in 10,000?


I am honored to host a guest blog by my pal Kaustav Mitra, who is a dear friend and colleague. He is the fearless leader of the SAP startup focus program. When I joined SAP last year, Kaustav was assigned as my “buddy” to show me around 🙂 

When I say fearless, I am not just saying that in the figurative sense – I mean it literally too. If you don’t believe me – look at this photo

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I have been bugging Kaustav endlessly to start blogging and finally succeeded. At about 3.30 AM today – he sent this to me. Please enjoy – I am sure you will like his first blog just as much as I did. 

Leading a team of talented Type A personalities is a treat but comes with its own challenges. One major part of it is trying to offer the best guidance as a manager when it comes to the topic of career progression. You see both ends of the spectrum with colleagues either overestimating or underestimating their readiness for rapid progression. Being a fan of playing with numbers in general this sent my thoughts in another direction altogether. What could a basic estimation Gedankenexperiment (love that word!) tell me about talent management?

**CAVEAT. I am not claiming that any of the numbers below are remotely accurate; they just seemed more or less reasonable. If you don’t like them, feel free to use your own guesstimates instead.**

1:10

Factoring in children, gender distributions in the global workforce, unemployment and people past their active working years I’d still estimate that about 1 person out of every 10 on this planet are employed at an organization large enough to support a career track. I use this in the broadest sense – say entities larger than a few hundred people. Using a world population of 7,000,000,000 that still gives us 700 million people working in offices, factory floors, call centers, workshops and so on.

1:100

You’re already in a privileged position if you are one in a hundred. You’ve had a good education and a lot of advantages in life. Chances are that you are in a white collar job and placed solidly in the middle class. If I stop to think about though, I’d bet you still feel very much part of the 99% rather than the 1%.If you’re competitive though the bad news is that there are 70 million others like you.

1:1,000

At one in a thousand, it should be getting hard to breathe since you’re in the upper atmosphere. You’re probably well on your way on a decent growth track with your eye on management or acknowledged functional expertise. Still doesn’t feel like though, does it? You’ve got some luxuries but you’ve also got the pressures. The nice house, the good schools and the shiny car all come at a price. And by the way, there are 7 million people who are probably as good as you.

1:10,000

Bust out your air guitar, rock stardom beckons. You’re good enough at what you do to have fundamental impact wherever you are. It still feels like you have a lot of company with 700,000 others like you around but the reality is that organizations are desperate to find people like you. Even in a large corporation with 100,000 employees there are only about a hundred people with your ability (keeping in mind that you had to be one in ten even to get in in the first place) and if employers don’t work hard to keep you, it will be to their own detriment. Congrats! You’re on the fast track.

1:100,000

Great – you’re the Big Kahuna. You’re no longer working for The Man, you ARE The Man (or The Woman, as the case may be). You’re already in the C-suite and with just 70,000 people like you around, it’s a nice little club. There are probably more than 70,000 firms around (of notable size) and they really, really want you. Feels good to be wanted, doesn’t it?

1:1,000,000

Hope you have your spacesuit on because at this altitude I can guarantee you’re not sucking air. You’ve either won a Nobel or Oscar (bonus points if you can name the two people who have won both, no Googling) or Olympic gold or otherwise need a five point font for a one page resume because your achievements are overflowing. No one will see the personal sacrifices you’ve made to get where you are because we’re blinded by your dazzle.

Most of us will never get to meet one of these people and if you do shake one of them by the hand, be sure you wrap that hand in plastic in case that talent rubs off on you. And there’s STILL 7,000 of them today on this planet.

I could take this to the logical extreme, at one in ten million, you’re a regular on the global news circuits; at one in a hundred million, much of the planet knows who you are and at one in a billion, there’s a good chance people will still know who you were a hundred years from now (all hail Jimi Hendrix).

This blog is really not about the last few categories since I can guarantee that most people in those categories are not reading this. But for everyone else, this exercise should be fascinating.

I started out talking about talent management. Employers have the tough job of recognizing and rewarding the incredible talent of people in the 1 in 10,000 category.  They not only have to attract these people; they have to keep them engaged, motivated and committed. In a corporate setting, you need the right management talent to do this effectively and the odds are not in a company’s favor when the managers are likely 1 in 10,000 people themselves. This is just not something most HR departments are designed to do well. To be certain, you can’t build a company around rock stars alone but it sure is nice to have a few handy when competition comes nipping at the heels.

On the flip side, for employees, it’s incredibly difficult to make the jump from the 1 in 10 to the 1 in 10,000. Any misstep can send you tumbling down the ladder and that is assuming you started out blessed with the colossal amount of talent, appetite for consistently insane hard work and wizard-like organizational savvy (and yes, plain dumb luck) needed. Think of the numbers and realize there are a LOT of people at least as smart as you and quite possibly, a whole lot hungrier. There’s a reason the odds against you are 1 in a 1,000. Not odds to take to the races. But here’s a basic truth. You can’t stop trying – even if your efforts don’t take you where you want to go, everything you do to improve the odds works in your favor in the long term. As good a place as any to end with one of my favorite quotes from Les Brown

“Shoot for the moon. Even if you miss, you’ll land among the stars.”

Who is your teacher? And who taught the teacher ?


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I saw this today morning at the Starbucks counter in the hotel lobby . And then I had to change my shirt – and I have mocha dripping through my nose .

I am not a big fan of Alexander – and have a hard time saying Alexander the Great . However , I do like what little I know about his teacher Aristotle and other teachers like Plato , Socrates and so on .

In India , there is a pecking order of respect that goes “Mata, Pitha , guru , Daivam” (mom,dad,teacher, god) . If I had the liberty to reorder this list, I will put teacher at the top of the list . Here is my rationale
1. Not everyone is fortunate to have a mom and/or dad in their formative years
2. You can have only one mom and one dad , yet you can and should have many teachers
3. As you grow older , in many cases you will stop taking introduction from mom and dad – yet when the student in you is ready, the right teacher will appear
4. Unlike mom and dad , you can choose teachers you like

Like many of you, I can trace back my (limited) success in life to a few great teachers in schools and colleges I attended . I also had some pretty horrible teachers – and don’t wish them on even my enemies . And at work, I am eternally grateful to the mentors I have had .

But the more important point is – are we growing the next generation of great teachers ? As I look at my daughter growing up – I think the primary school teachers are just as awesome as Mrs Nirmala Marhrubhootam who taught me in Chinmaya Vidyalaya . I can only hope that she gets equivalents of Fr Berthold, Prof Nasser, Dr Kevin and Dr MNV nair to guide her through her academic life .

But at work – I am not so sure . I think people actively seek mentors these days way more than when I started working . However , I don’t see anywhere close to the same interest in people going out of their way to mentor others . There are a few exceptions like John Leffler and Ken Englund in IBM and Sanjay Poonen in VMWare . It is still a pull model – and I think that should change . As we get past each stage in life , we owe it to the next generation to pass on our knowledge .

This is just as true in the world of dog shows . As the older generation is getting into their golden years, there are not enough youngsters to keep running the kennel clubs . Many clubs are defunct now . I am as guilty as the next guy in this situation . I should do a lot more in supporting the clubs I am a member of – and not just monetarily .

It is definitely the most satisfying part of ones life – I have seen the joy in my teachers when they hear how well I am doing . I also feel quite the thrill when the people I mentor do well . Words cannot express it – you should feel it to know it .

Why do companies exist ?


In business school -I was taught that the primary idea of having a company is to maximize returns to its shareholders . There were some essays on the “additional necessity” of stake holder management too .

As I joined the workforce – I was taught that companies exist to make sure customers are successful . My favorite manager of all time taught me “when in doubt, do what is right for the customer”. It made all the sense to me – and I rationalized that if the customer is satisfied and excited , company will succeed automatically .

Along the way, I became a manager and then an executive . And I started getting the employee dimension . The idea of pleasing share holders and customers will work well only if employees are happy and committed to what they do . Yet, most managers have limited abilities to do what is right for employees . I think that is the root cause of lack of growth in a lot of companies .

Yesterday , on twitter – I was reading something on companies buying back shares to boost their stock price . As an investor , this is a pretty good thing to see the big companies spending tens of billions of dollars on buy backs every year . My gut feeling is that at least 500 billion dollars should have been spent by companies in share buy backs in last 5 years . If anyone knows an approximate number – please leave a comment .

I have mixed feelings on the idea of share buy backs . This is money that could have been used for product development , acquisitions , better customer support ,employee compensation etcetera . Whenever I hear about stock buy backs – I think “is it because this company has run out ideas of getting more profitable business from its customers? “. On the other hand – if I have stock in that company, I feel less bad given there is a chance that the market will reward them.

However , after watching the buy backs at big companies like IBM and AAPL having little impact to share prices , I am starting to wonder how long is this strategy effective ? At some point the market will require companies to do actual business to get rewarded . I wonder if it is possible to isolate the impact of buy backs on share prices to see if this is more effective than regular business in driving up the market cap of a company . My guess is that it is not – but then I have not done any real analysis . It’s just an uneasy thought in the back of my mind .

The idea of having share holders , customers and employees happy doesn’t have to be mutually exclusive . Some over lap via getting more employees to be stock owners can help – and some companies do it very well . It is also a good pulse check on whether employees of a company are fans of the company’s vision . Same thing with employees and customers – if better customer satisfaction drives better stock price , employees who own stock will not need to be forced into doing what is right for the customer . They will do it naturally .

PepsiCo CEO Mrs. Indra Nooyi, recently told Forbes magazine that she writes letters to the parents of her direct reports congratulating them for the good work of their kids . I was blown away – my parents have been extremely proud of everything I have done , but I would have never thought of my boss sending them a note to say that I am doing well and they should be proud . What a great idea ! Ok I guess some employees might think that is way too personal for their comfort , but I personally think that would be the sweetest thing a boss can do for parents and the employees .

I wish more managers and executives would take the time to take care of the employees – I know I have ways to go as well . But every time I hear about creative ways other managers use to get their team to develop into better people and better leaders – I get inspired a lot . It’s on my bucket list now to find a way to meet Mrs Nooyi 🙂