So I caught session 2 live from TedIndia staying up until 2:30am! Here are a few recaps of the speakers:
Speaker 1: Srivasta Krishna asks why is the future of infrastructure changing? Is it the government's or business' responsibility to keep sustainability in mind when applying it to infrastructure? The way infrastructure is thought of today needs a fundamental change in how it is created, maintained and funded- if the taj mahal was built before how come a road can't be built today?
Great points. My favorite fun fact that Mr. Krishna shared was that most emerging markets do not have laws for funding elections.
Speaker 2: Dr. R.A. Mashelkar gave us some great terms and definitions. The most noteworthy, "Ghandian engineering" which means "more from less for more". Dr. Mashelkar gave examples including drug development where we are getting less results for more money for less people. He left with words of advice, "focus and you can achieve" along with his most inspirational moment being "convex lens leadership".
Speaker 3: Anneka Jong represented generation Y and emphasized that Gen Y is on board with social entreprise and that we are now more interested in teaching a person to fish. I agree.
Speaker 4: Tony Hsieh from Zappos really impressed me. I loved his talk about the science of happiness. He explains how Zappos' business model is happiness. 2 books were mentioned as recommended reading, "Good to Great" and "Tribal Leadership". I have read "Good to Great" and have "Tribal Leadership" on my list. Both of these books talk about what makes companies succeed and last. The most common characteristic is that great companies have a vision. They ask themselves, what would you be so passionate about doing beyond $$$. Hsieh says, "Chase the vision, not the $$$". To have a good workforce, managers, supervisors, leaders need to ask what is the largest vision in your employees work besides money.
The second thing Hsieh mentions that separates companies are companies with a core value system. These core values need to be written in a simple, committable way. For example, Zappos' core values include, be humble besides talented. To motivate employees, companies need to inspire employees through company culture where corporate values match personal values. Vision and culture and inspire and motivate employees.
Hsieh takes the second half of his speech to talk about happiness. He says, if you ask someone what is their goal in life and keep following up with why, everyone will reach the same answer of happiness. He recommends another book, "Positive Psychology" which explains how normal people can become happier. In general, people are very bad at predicting long term happiness. If the ultimate goal is happiness for everyone, what if everyone just spent some percentage of time to learn about the science of happiness and take a shortcut to get to their state of happiness.
Hsieh continues to talk about a few of the frameworks of happiness:
1. Perceived control
2. Progress
3. Connectedness (# and depth of relationships) and vision (being part of something bigger than yourself)
Hsieh mentions Maslow's book "Peak" and explains the trasformation of the perception of work from, job -->career --> calling. To get to the point of calling, you retain employees as long as they keep growing personally and professionally within the company.
Hsieh explains the 3 types of happiness:
1. Rockstar happiness- chasing the next high but not sustainable
2. Passion/Flow of Happiness - engaged in some activity - change environment to have more of those happy activities
3, Meaning - being part of something bigger than yourself
---most people focus on the 1st type of rockstar happiness but research shows being part of meaning is the happiest state.
Overall, it was a great talk. Hsieh ends with asking, what percentage of time do you want to spend to learn about the science of happiness? It is a thought I hadn't considered. But, his talk has inspired me to look into it. It makes sense.
Conclusion:
The rest of the speakers included Scott Cook from Intuit, Mohnish Pabrai who won a date with Warren Buffett and cricket star, Harsha Bogle. Cook's talk mentioned the use of mobile texting to share price information with farmers except he needs input of how to make it a cost-affordable business model. Pabrai questions when to give money, at the time when we have less but more energy or later when we are frail but have more money. He alludes to the method that Buffet has given money to the Gates Foundation as a good example. His quote of the session was, "We come naked and we leave naked" from the world. And of course, Bogle talks about Cricket and how it has been "the world's longest running soap opera". And explains the introduction of movie starts and cheerleaders to cricket and relates that as how one small change has led to a big revolution in the sport.
I believe what Bogle says, "how a small change leads to a big revolution". It is good to think about. At times, ideas are not given enough credit because it will not disrupt a system. But I am seeing how sometimes the smallest change from methodology has created some of the biggest impacts in our world.
I left sesion 2 excited. Inspired. And ready to sleep. I look forward and hope that TED posts the rest of the talks and am looking forward to catching day 2 tonight!
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