Rishad Tobaccowala's Blog, page 5
January 12, 2025
Rethinking Meetings.
Image by Underchild using Midjourney.
We spend our time in meetings.
Meetings at work. Meeting friends. Meetings where we present and meetings where we are presented to. Meetings with all sorts of people. Meetings in the real world and meetings over screens and in the future meetings in virtual spaces.
In fact, many of us spend so much time in meetings that how we spend our time in meetings is how we spend a large part of our careers!
In business there are many who find meetings a waste of time and try to make them as short, small and few as possible. Many try to avoid meeting people and have gate keepers and delay tactics ready to brandish. Some leaders use meetings as ways to ensure discipline and instill fear.
A different way to approach meetings.There are a lot of books and articles on meeting management and how to get the most out of gatherings. Most of them are utter and complete BS because they all focus on how we can get the most out of a meeting, while the focus should be how can we give the most in a meeting.
If we go to a meeting with an “extraction” mindset versus a “giving” mindset we are likely face a number of problems including a) missing meetings where we may have been able to share our knowledge and therefore build goodwill and our reputation , b) become so focused on what we are looking for that we do not discover what we need and c) becoming over confident that we know more than anybody else that we do not learn and grow.
So, we might end up with less and less knowledge, find ourselves shocked and surprised at things that come from left field and suffer a diminished reputation.
To maximize our meeting experiences, we should focus on generosity, empathy and energy as the keys to meetings.
a) Generosity.
How can we leave the person or the people whom we are meeting with or presenting to with a gift? A gift of knowledge or insight or a way to see things that they did not have before. Something that makes them believe that it was a good use of their time to be in the meeting.
Besides knowledge some other ways to be generous include appreciation of their skills and their contributions. Everyone wants to be acknowledged and recognized for their good work.
Another way to be generous is to provide guidance. People are hungry for advice, directions and stories to navigate whatever challenge or situation they face. Providing perspectives, stories and experiences resonate and scale in empowering and growing people.
Knowledge. Appreciation. Guidance.
b) Empathy.
How can we truly understand the other persons perspective and point of view because in doing so we will grow even if you disagree with their perspective or view. If we are presenting, how can we make sure that our talk is relevant to the audience and the issues they have in mind and not some boiler plate boiled anew. Is it not ironic when speakers talk of relevance and customization and but do not customize or make relevant their content to their audience? Basically, they are saying that their time is more valuable than the audience!
Three ways to ensure empathy is to seek to understand by asking, listening and re-stating the problem and situation. By reframing the problem using analogies and other categories and finally by sharing relevant personal experiences.
Understanding signals we are listening. Re-framing telegraphs that the problem or challenge being faced has been shared by others. Personal experiences ensure a human connection and re-enforces that we have been in this person’s shoes or seen others who have been.
Understand. Reframe. Storytelling.
c) Energy.
How can we leave the folks in the meeting more energized and feeling better about themselves? So much of success is attitude, belief and hope. So many meetings leave folks dispirited, brow beaten, scared and worried. One does not have to be all bouncing beans unrealistic but let’s be pragmatically enthusiastic if we want progress.
There are three keys to ending a meeting with energy. First is clarity. People should be clear what next steps are for each of them. Second is belief which is a belief that they can tackle these next steps and finally a plan which is how they go about doing the next steps. At the end of every meeting are things clear, do people believe they have the tools and skills to do what is next and do they have a plan?
Clarity. Belief. Plan.
By focusing on giving versus getting we are almost guaranteeing a great meeting because at minimum the other folks leave the room better off and feeling positive about us. And in feeling that way they become an ally, a supporter and an advocate for us, so we get something out of it.
But what happens is much more. During the meeting once they understand that we are giving without asking, they give in return. Knowledge. Insights. Help. Lots of other stuff. Often in the meeting or as a follow up.
Finally, because we have treated their time as precious, they treat our time as precious.
And this approach to meeting works in both the real world and the virtual world. It works across every culture and country. It is effective in both personal and business situations.
Think about the other person or people.
And meetings become valuable, fun, educational and energizing.
Go beyond rethinking meetings to to Rethinking Work. Out Feb 4. Available for pre-order and bulk orders everywhere including now available for pre-order in India!
January 5, 2025
Paradox.
To be financially successful in the coming years, it’s not just about capitalizing on the new ways to make or save money.
The world is changing, setting up a situation in which organizations must learn to take two seemingly opposite actions in order to be profitable. As we move to distributed work, as technology advances, and as other trends transform society, a set of opposing but connected forces have emerged: Fragmentation and Integration.
Fragmentation is occurring because of the following four factors:
1. Employee range: different employee types have emerged, from full-time to part-time to contract worker to just-in-time employees hired through marketplaces.
2. Wider spectrum of resources: to get work done, companies are drawing from diverse places, including platforms such as Amazon Web Services and other cloud providers; different real-estate resources, from owned, rented, and accessed (WeWork); and varied ways to reach customers through traditional media, digital media, and more.
3. Differences in measurement: because of technology and a plethora of real-time data, companies can measure everything in astonishing detail, creating a wide variety of dashboards and metrics.
4. Customized products and services: companies now have a growing complexity of products and services in a world where customers expect personalized approaches and different ways to pay.
The Importance of Integration.As everything fragments into a mind-boggling variety of employee types, resources, measures, and products/services, organizations must integrate these various elements into a viable whole.
Specifically, they must create:
1. Seamless interfaces with employees regardless of employee types: consumers and customers do not want to see the complexity of different types of workers or where they may be based, so companies need to ensure seamless service and handoffs between employees. This complexity is only going to become worse at many companies, and leaders need to figure out ways to coordinate employee projects effectively.
2. Best combination of resources to manage costs: companies need to combine all the resources that go into creating products, to ensure lowest cost and continuous availability.
3. Integrated measurement and dashboards: businesses can combine myriad sources of data into an accessible, useable (by management) dashboard.
4. “Goldilocks” strategy for products and services: companies need a sufficiently large range of services and options to remain competitive but not so many that their complexity leads to increased cost and consumer confusion. The goal is to find the ideal mix.
Integrating all these elements in the face of fragmentation isn’t easy. Managing a paradox is challenging, requiring that leaders go beyond their traditional management strategies and try something new. Yet this is one of the keys to financial success in the future, making it worth the effort.
The most successful companies combine this personalization and customization at every interaction with a combined intelligence that integrates the data, focuses the choices to those most relevant while combining inputs in ways to maximize impact while minimizing costs.
The largest TV network in the world which is You-Tube is a case study of a company that on one end fragments individuals into one person media companies, personalizes messaging and content by viewer but integrates the measurement and the sales process to ensure ease by combining data and providing simplicity of access.
The future of not just media but every firm is this paradox of fragmentation through personalization by person and customization by platform, language and country on the edge combined with integration through data powered by AI algorithms at the core and center.
Work, organizational design, measurement, talent flows and company valuations will all be driven by the ability to handle the paradox.
The Rethinking Work Platform is launched.
Paradox is extracted from Rethinking Work which is 30 days away and available as a book, as an e-book and as an audio book (Feb 4, 2025 including in India). Now available for pre-order on every platform.
The book will be supported by Rethinkingwork.io which will include videos, podcasts, resources and much more. The initial pre-launch platform is up at Rethinkingwork.io. where you can watch videos of the key themes (Watch), download the entire opening of the book (What’s Inside), find comments from CEO’s and more who have read the book (Testimonials), access the first 3 amazing resources on where work is going (Resources) and find a range of places to buy including 25 copies or more at half off (Where to Buy).
There will be much more coming once the book launches.
Until then it would be terrific if you pre-order. This book will change your perspective on work and provide not just trends, cases and points of view but highly actionable frameworks, provocative new data and a vision for how to best thrive in the tsunami that has just begun regardless if you are a CEO or a trainee.
Work will change more between 2019 and 2029 than it has in the five decades before.
Rethinking Work is one way to prepare your firm and yourself.
More on Rishad Tobaccowala here: https://rishadtobaccowala.com/bio
December 29, 2024
The Sense of an Ending.
For the last post of 2024 as many of us look back, a combination of visuals and words on the conflation of time and memory…
“What you end up remembering isn’t always the same as what you have witnessed.”
“History is that certainty produced at the point where the imperfections of memory meet the inadequacies of documentation.”
“It strikes me that this may be one of the differences between youth and age: when we are young, we invent different futures for ourselves; when we are old, we invent different pasts for others.”
“We live in time - it holds us and molds us - but I never felt I understood it very well. And I'm not referring to theories about how it bends and doubles back, or may exist elsewhere in parallel versions. No, I mean ordinary, everyday time, which clocks and watches assure us passes regularly: tick-tock, click-clock. Is there anything more plausible than a second hand? And yet it takes only the smallest pleasure or pain to teach us time's malleability. Some emotions speed it up, others slow it down; occasionally, it seems to go missing - until the eventual point when it really does go missing, never to return.”
“I thought of the things that had happened to me over the years, and of how little I had made happen.”
“How often do we write our own endings?”
Photography by Rishad Tobaccowala
Words by Julian Barnes from his book “The Sense of an Ending”
December 22, 2024
6 Keys to Career Success.
Image by Isabelle Watkins using Mid Journey
1) Align with emerging trends.To succeed you have to ensure that the force is with you.
And to do so you must align with the force.
Often this force appears as a stream and not a gushing river. A weak signal versus an overwhelming pull of gravity.
It may like the Chicago River in that it may be going in the opposite direction of how it should flow in that it does make you question what you believe or what your company or your CEO believes.
In the case of aligning with the trend, try to find a force that will grow over the next 10-15 years.
My career was built on aligning with digital in 1996, the rise of media as the driving force of agencies in 2000, the importance of data driven algorithmic story telling in 2010, and now the rise of the Company of One powered with the rise of new scale of talent, ideas and marketplaces and the decreasing importance of the scale of resources, distribution and spending.
2) Who you work for is as if not more important than where you work.Working for a successful company with momentum, name recognition and track record of success helps a career through a halo effect and also signaling that one is good enough to get in and to work at these well regarded and hot firms.
But, ask anybody who you believe has succeeded and most of them will signal the importance of the people they worked for.
The terms you will not hear are boss, manager, supervisor but rather leader, guide, mentor.
For mentorship and leadership the key is to find people who combine three elements:
a) Do they have a great reputation for excellence. Excellent work. Excellent Financial Results. Excellent People working for them. It is easier succeed when one is aligned with excellence and growth.
b) Do they have integrity. Do people use the words trust, candid, authentic, straight-shooter, transparent or similar words when describing them.
c) Do they have a coaching tree. Matt Gibbs who used to work with me and is now a successful leader after having sold the company he co-founded, recently shared a piece on The Coaching Tree of a Head Coach. This is exactly what it sounds like — a visual illustration of who head coaches have mentored and where those folks are now serving as successful head coaches. Those head coaches then have their own branches. And so on.
In the world of athletics, the coaches with a superlative Coaching Tree are considered the best of the best. Not only can they succeed with their own teams, but they can transfer their knowledge and skills to others. 20 of the 32 Coaches in the NFL today are related in some way to Bill Walsh of of the San Francisco 49ers.
Image by Diana Kozlova using Mid Journey
3) Maximize luck by seizing opportunities and thinking positively.If aligning with a trend and finding a great person to work for are the first two keys, the third is about something that matters a lot in a career and that is somewhat uncontrollable which is luck.
While luck is not under our control we can maximize the opportunities for luck to tap us on our shoulder by saying yes to as many assignments and opportunities as possible even if some seem really questionable.
In 1992, I was offered a role in the Direct Marketing Department of Leo Burnett vs a role in Client Service as the only way to get promoted to an Account Director since there were few openings on the big accounts with too many talented people vying for them.
Direct at that time was not understood by the mainline agency. It was filled with outsiders who spoke of A/B testing, mailing lists and direct to consumer communication. In fact it was so looked down upon that people believed I had doomed my future or was being punished when they found I was on the 34th floor. I therefore answered my calls (lots of calls vs emails those days) with the greeting this is Rishad from the Leper Colony.
Once they finished laughing I also told everybody the future of the marketing and the advertising industry was on 34 ( we were on the 34th floor of the Leo Burnett Building).
Well because of learning about the benefits and challenges of direct, I got the idea of launching the Leo Burnett Interactive Marketing Group with the support of Tom Collinger who ran the Direct area . Then convinced the Leo Burnett Board to “take the name of the door” by closing the Leo Burnett Interactive Marketing Group and launching Giant Step with Adam and Eric Heneghan so we could compete with a digital firms like Modem, Agency.Com, Organic, Digitas and Razorfish vs Leo Burnett’s traditional competitors. A few years later luck came calling via a call from Jack Klues then the head of the lowly back caboose of the agency train (media), asking that I join him and others in the unbundling of Leo Burnett Media to Starcom and launch Starcom IP.
Few hang out in the strange and supposedly less important parts of an organization but it is often there that the future is being forged.
The future comes from the slime, from outsiders, and from the quixotic.
Take a gamble and try your luck on something new and different and it will make all the difference.
4) Never stop learning and never stop growing.The day you stop being a student is the beginning of the end of your career.
Especially today when knowledge is heading towards being free and the half like of expertise is growing shorter and shorter.
The picture above is the gravestone of Arthur C Clarke who is the author of 2001: A Space Odyssey. I uploaded the picture with a question mark to ChatGPT and here is what I got:
This is the gravestone of Sir Arthur Charles Clarke (1917–2008), the renowned British science fiction author most famous for works like 2001: A Space Odyssey. The inscription—“He never grew up, but he never stopped growing”—plays on Clarke’s lifelong sense of curiosity and imagination. Despite aging in years, he retained a “childlike” wonder about science, technology, and the mysteries of the universe. The phrase suggests that he kept learning, exploring, and inventing new ideas throughout his life—never losing his inquisitive spirit.
It doesn’t matter how senior or how powerful we are. The world is changing so much that even at this stage I spend an hour-and-a-half a day learning. Invest in continuous learning and education, because otherwise we will find ourselves growing increasingly irrelevant.
I remind senior executives who say they have no time to learn not to worry. Since they are not learning in a time of transformational change soon they will lose their jobs and they will have plenty of time to learn.
This shakes everyone out of their stupor and inertia.
5) Success is driven by the people around us much more than us.As and when you become truly successful, you will realize that your success has been built on a very benign form of a Ponzi scheme.
You will be successful because the people around you are successful. And you will basically be given some sort of credit for the people around you.
Therefore, make sure that you really, really invest in the people around you because that is investing in yourself in everything, from training to relationships to looking after them and helping them along with their careers.
You can’t succeed, especially as you get more responsibility, unless you do that.
Image by Feliperafaelgilson using Mid Journey
6) Never take yourself too seriously.Take your work seriously.
Your Clients, Customers and Commitments seriously.
But never take yourself too seriously.
Be humble.
Be approachable.
Laugh at yourself and when people say you’re full of shit, you probably are.
Let them point out the turd on the table of your thinking (it’s not a Brownie, sir, this idea of yours but rather it is excrement!)
Humor is a key.
Another key maybe my new book which will prepare you and your firm for what is coming next! Lots of CEO’s, CTO’s and many more have said so.
Coming Feb 4, 2025 and available for pre-order is my new book. Take a look inside and more here: https://rishadtobaccowala.com/rethinking-work
December 15, 2024
Staying Human in the Age of Data.
A smart and worldly man, Tobaccowala has produced a deeply informed book about brand marketing, data science, and humanity that is a remarkably lively read. Name another book about business (or any other subject) that in one breath urges the reader to acknowledge “the turd on the table” in the boardroom and references François Truffaut’s The 400 Blows and Joan Didion in the next. - Marketing+Strategy Magazine Best Business Books 2020.
Next month it will be five years (Jan 28, 2020) since my first book was published just before the March 2020 Covid shutdowns. Despite the unfortunate timing and two years of not being able to travel to events to support the book, it ended up selling many tens of thousands of copies and continues to do well notching sales of hundreds of copies every month five years later.
The reason for its continued success is that the ideas and perspectives in every chapter in the book, each of which can be read as a free standing book ( I always wonder why most business books are just one chapter or idea repeated over a dozen chapters) not only have aged well but in many cases are even more relevant today than when the book was issued.
For instance the book had a chapter on AI, Blockchain and Immersive Computing (AR/VR) though it was published five years ago ! The book had a chapter on how to manage cultures and lead when people are working in distributed places staring at screens long before the Covid lockdown. The book makes the case for continuous learning with a chapter on how to upgrade one’s operating system, a chapter on how to manage change so it sucks less and a chapter on why companies that do not have cultures that allow one to call out the turd on the table end up failing and defeating themselves.
Every prediction and perspective from five years ago have come true and people believe the book was written last month! Often I hear how the book has been a competitive edge for many leaders and companies and among the best investment they made for themselves or their teams.
Here is what the Economist Magazine when reviewing a number of business books wrote:
Perhaps the best of the books is Mr Tobaccowala’s. That is because the author, a senior adviser at Publicis Groupe, an advertising and communications firm, has a clear focus: how to ensure you can hire, then inspire, the right workers in the knowledge economy. “Employees who find work meaningful are highly productive, agile and committed,” he writes, adding that talented workers are in a more powerful bargaining position in the current economy. He also argues that companies can be too obsessed with data, and not enough with employee motivation: “The best businesses find ways to marry the math and the magic.”
The book is clearly written and full of sensible and practical suggestions. They include assessing all meetings to eliminate those that waste time and suggesting that all employees spend 20% of each month trying to enhance their skills.
Many people also buy it today because they believe the subtitle of staying human in the age of data is no different than how to stay human in the age of AI.
If the book was a bottle of Japanese or Scotch whisky it should cost more due to its wonderful aging and vintage but instead it is available for just over $8 including shipping on Amazon and Walmart this week.
Here is the Amazon Link . This is the Walmart Link.
I wrote an essay on why people should allocate some of their most valuable resource which is time (rather than a few dollars) reading my book which I have republished below.
So if you are looking for a gift for yourself or your team for this Christmas or want to see how some things never change despite all the hype and swirl of change you might want to read about the issues that were key 5 years ago which seem to be the same today.
Often to succeed in a world of change maybe we should focus on what does not.
Here is the beginning of essay from five years ago. You can read the entire essay and what dozens of leaders wrote about the book and all the places you can get it here
Why Should You Read My Book?Time is all we have.
So why should you allocate a part of your most precious asset on engaging with this book?
Because my hope is that it will leave you seeing, thinking, and feeling differently about how to grow and remain relevant in transformative times.
How to grow yourself, grow those around you, and grow your practice, passion, or company.
How to remain relevant by understanding what it takes to make sense and thrive in a world of rapid technological, demographic, and global upheaval.
And it will do so by questioning much of what business takes for granted:
• Why data is often not the way forward and we may have too much of it;
• Why change sucks;
• Why having more—rather than fewer—meetings is better; and
• Why it is essential to have a culture and courage that calls out “the turd on the table.”
You not only will learn what makes great leaders but also how to deal with, or not become, a bad boss.
You’ll discover how to extract meaning from data and see poetry in the plumbing.
This book recognizes that while our world is increasingly filled with digital, silicon-based, computing objects, it is populated by people who remain analog, carbon-based, feeling creatures.
People like you.
And me.
Companies can choose to upgrade the skills of their people and reimagine the way they work or swap out their people and acquire new ways of working.
Often both are necessary.
This book is about upgrading the operating systems of people and companies by remembering the thinking-and-feeling component of the operating system.
A central premise is that successful individuals and firms can never forget the importance of people, their emotions, the culture of the organization, and what cannot be measured. I refer to this as the Soul of a Company.
This Soul is critical even as individuals and firms reinvent themselves for an increasingly AI-augmented, data-driven, networked and distributed, screen-based future.
As the world becomes more data driven and real-time twitchy, and as financial markets punish companies for failing to meet their goals, I worry that our short-term focus on numbers is destroying the long-term health of business, countries, and people. I worry we are losing our humanity in a world where modern, data-driven economies and cutting-edge technologies are seeping into all of life.
Yes, results, data, speed, and technology are keys for businesses to remain relevant and thrive. But while they’re necessary, they’re insufficient for long-term success.
Over the past five years, I have seen a significant tilt to the numeric, to the algorithmic, and to the measurable. This causes organizations to think short term, prize individualism, and adopt a mercenary mindset rather than think long term, prize teams, and adopt a meaningful mindset.
Increasingly there is a premium and a dominance on the quantitative, or what I call the spreadsheet, and a diminishment of the importance of the culture, humanity, emotion, and complexity of people, or what I refer to as the story.
Successful people and companies combine the story and the spreadsheet and by doing so restore the soul of business.
Here is the Amazon Link . This is the Walmart Link.
And coming on Feb 4 is my next book which is available for pre-order at all these places: https://rishadtobaccowala.com/rethinking-work
Rishad Tobaccowala has spent four decades rethinking and reinventing and now works across the globe helping leaders, teams and companies thrive in transformational times. More here: https://rishadtobaccowala.com/
December 8, 2024
Transformation, Leadership & Talent: A Conversation with David Kenny.
David Kenny is the Chairman of Nielsen, Best Buy and Teach For America.
He was the CEO of Digitas when it was bought by the Publicis Groupe where he served as a member of the Directoire, before joining Akamai as its President. David then became the Chairman and CEO of Weather Channel which was bought by IBM, where he served as SVP of Watson and Cognitive Solutions before joining Nielsen as its CEO. David began his career at Bain Consulting.
David joined me in person for a live audio and video taping of a special episode of What Next? the twice monthly global podcast I host, to share his distilled learnings on transformation, leadership and talent.
It is a 45 minute masterclass that everyone should watch or listen to.
In the following weeks some other amazing leaders from Jack Klues the driving force behind the creation of Starcom, Starcom Mediavest and what would with the merger of Zenith Optimedia, Digitas and Razorfish become Vivaki and Publicis Media, Ann Mukherjee who most recently was the CEO of Pernod Ricard USA and before that held major posts at SC Johnson and Pepsico, Seth Green the Dean of the University of Chicago Graham School, will be just a few of the extra-ordinary leaders sharing their thoughts about modern leadership. If you do not subscribe to What Next? you may want to. It is totally free like this Substack with no subscription fees and no advertising. Just amazing people in conversation with world class production and editing to help you grow and transform and see the light vs heat you up with enragement.
Today we have David Kenny.
The links so you can here the entire conversation are at the end of this post but here are the one dozen takeaways that will hopefully make you listen to David in his own voice and entirety.
Transformation.Know where you are going: Transformation is not just about speed but also direction. It is important to know what one is transforming to. What matters is velocity of change which is a combination of speed and direction. Speed alone can kill if one does not know direction.
Roots and Wings: Transformation is successful if one remembers what we wish to retain from the existing business. If there is little or nothing we wish to keep then one should start with a blank sheet of paper but that is not the case for most businesses. In fact in many businesses the existing businesses while declining are very profitable and help fund the change. Also in successful transformations everyone and every part of the businesses is given an opportunity to transform. One cannot leave the past behind if legacy businesses are making money and it is very dispiriting to folks to believe they belong to the past while others are the future.
The importance of aligning with technology curves: Successful transformation requires a company and leaders to align with technology curves. Too early or too late one results often in failure. Sometimes the customer, the technology and the eco-system takes time to develop so it can scale and be cost effective.
A focus on Clients is not enough: Transformation must keep Clients front and center but in order to deliver for Clients many non Client facing parts of our organizations will have to transform including IT, Legal and Finance. New wiring, new contracts and new measurement are are part and parcel of transformation. The voice and inclusion of so called “support” functions is critical.
Leadership.Leadership is balancing innovation and trust: Trust is key and driven by integrity. Integrity is when there is alignment between what a leader believes, says and does.
Both leadership and management are important but different: Leadership is about pioneering and deciding where to go. It is about making hard calls and is both future oriented and lonely. Management is ensuring one gets there. Many leaders are great managers but neither by themselves are enough.
Three keys to trust: Data, Intention and Transparency. Follow the data and share the data and adapt to the data. Be clear with intention and be transparent about decision making.
The best leaders are willing to admit they are wrong and are okay changing their mind: People trust people who say they are not sure or when new data comes in accept that they were wrong.
Talent.To lead talent one must realize the importance of emotion and heart: People choose with their hearts and use numbers to justify what they do. Software is not just code but the soft skills of engaging, connecting and inspiring people.
Talent will be even more important in the future but talent will have to learn new technologies, be curious, be creative: There are so many ways to learn and those who do not will be left behind. If one is not upgrading oneself one is falling behind.
Diversity is critical to win in the marketplace: For AI to be trained right one needs diverse inputs. To compete one needs the best talent and they can come from everywhere. David made himself the Chief Diversity Officer for a year because he believes ensuring belonging, ensuring access to the best talent and ensuring the best talent is everybody’s job including the CEO’s and is the way to win in business.
Talent wants access to leadership : Leadership that is accessible to talent learn fast and see patterns and better understand what the opportunities and challenges are. An involved leader is a learning leader.
Here is the Spotify Link which includes video:
Here is the Apple Link:
Besides this Substack (free), and the podcast (free), I am also a published author and my next (second) book while not free is very reasonable ( about $20 in the US and will be available also on launch day much cheaper in my birth country of India in both print, audible and electronic). If you can please do pre-order between now and Feb 4 for yourself or your company ( huge discounts for 25 or more) . More about Rethinking Work here.
December 1, 2024
On Work.
Image by Joe Latimer using Midjourney.
Work is central to the human experience.
Along with our physical health and our family relationships, work is the other significant factor that impacts the quality of our lives.
Work is critical not only in that it provides us with a) income but also b) identity (what do you do? is one of the first questions any one new we meet asks), c) community ( many of our social connections are built around our work and industry), d) purpose and meaning and e) growth ( the challenges and connections of our job help grow us).
Work not only drives GDP but factors such as the unemployment rate, the age of retirement, and the opportunities for youth are central to all politics.
In 2020 Covid-19 created a major shock to the structure of work in myriad ways from our inability to work in the ways we were used to, the importance of certain kinds of work, where we worked and much more which many companies and countries are still grappling with.
Many knowledge industries are fixated today on the right combination of in person and distributed work to ensure they can manage the quality of their service, their cultures and the imparting and growth of skills.
While this is an important factor to consider, smart companies, and visionary leaders understand that fixating on where someone works is like moving shells on a beach when waves of change are about to crash onto the shore. It is not only the wrong question to ask (the question should not be how to get people back x days in the office but how to maximize the benefits of in person interaction while enjoying the flexibility and freedom distribute work affords) but even this question is trivial compared to what is coming…
Work will change more this decade than it has in the past five decades due to a combination of significant demographic shifts (aging and declining populations and multiple generations at work ), technology (AI, XR, Blockchain, Biotech), marketplaces (anyone can now access scaled technology and marketplaces to compete with large companies using a mobile device), atomized work (task vs jobs, the rise of gig work) where a majority of the US population in 2025 will be doing freelance work either full time or as a side gig to their main job, and completely new mindsets about the place of work in one’s life ( A majority of Gen-Z do not want to grow up like their parents , or become like their bosses and ask the question should we find time for life in a world of work or find time for work in a world of living a life? )
After a 43-year working career that I hope to keep going for another decade or two I have never been as excited about how extra-ordinarily amazing the future of work is going to be.
It is going to unleash, unfurl and unhook both individuals and companies from the way it was to the way it can be and let everyone re-imagine their firms and their careers.
Over the past five and a half years I have met with, advised, spoken with or for, over 150 companies in over a dozen countries from companies with 20 employees to those with hundreds of thousands across all industries.
Almost everybody I meet asks the same three questions.
Business Model Relevance: Is my business model still relevant and how do I future proof it?
Structural Relevance? Is my organizational design, existing partners, data and other skill sets still relevant and if not how can they be upgraded?
Personal Relevance: Am I still relevant? Do I have the right skill sets and the right leadership mindset to lead a new generation into a new era? (this last question usually requires some alcoholic libation before it is asked and maybe the most important)
Over the years it became clear that in addition to upgrading one’s own mental operating system, investing and partnering with the right people in areas from data to content, to technology, investing in and upgrading talent, rethinking category definitions, dealing with change and restructuring the organization for more agility and lower costs there was something even deeper and broader and more central that had to be addressed.
The very nature of work, what a worker is, and why should a company exist?With everything we know now if we started with a blank sheet of paper and only some legal, scientific and economic constraints (need income and or must run a viable business) what factors should we consider and what frameworks should we use as each of us design our firms and or manage our careers to thrive and win in the future?
After many years of thinking and researching these topics, a year and a half writing and a year of fact checking, updating and editing by a team of professionals at HarperCollins my distilled learnings of everything I have discovered on how to thrive in the future of work is in production and available for pre-order. It is called Rethinking Work.
This book is for everybody who works, whether you are a longtime senior leader or a brand-new employee, whether you work in a large company or for yourself, and whether you work in a developed or developing market.
This book identifies the key trends and issues, suggests ways for each individual and leader to interrogate their beliefs, their structures and much more. It has a chapter for CEO’s and Strategists that build the case that most existing strategies will be challenged, a chapter for Finance professionals identifying how financials will need to be recalculated, a chapter for anyone working in talent, HR or People Development to show how the entire training and incentive systems of the present are not going to work and what to do about it and much more.
Most importantly it is for everyone of us that works and wants to seize the future and thrive.
Work is central to our lives and as it gets redefined, nothing is as important as being informed and provided with tools to thrive in the coming transformation.
To help you judge if this book is any good after my request below you will see a link to the entire opening section of the book. You can read what CEO’s, Chief Talent Officers, Deans of Universities, and even other authors of books about the future of work and the workplace from whom I learned while working on this book have to say. You will see the table of contents and the introduction. This should help you determine if the book is any good and worth spending twenty dollars on.
A Request.The sales of a book are determined by many factors including quality of the book, whether the topic is in vogue, how well it is reviewed and the success of the marketing efforts.
A huge factor driving these is something that occurs before the book is published which are pre-orders. Pre-orders determine the size of the print run, how many books are ordered, the merchandising support and the marketing support.
My first book Restoring the Soul of Business: Staying Human in the Age of Data was successful because it had many thousands of pre-orders. It also anticipated distributed work before Covid, had a chapter on AI three years before ChatGPT, spoke of the importance of Blockchain when crypto was in a deep winter and Augmented reality before the Metaverse hype and sells hundreds of copies a month because it seems to have been written a few days ago and not five years ago!
It is why I am hoping you will pre-order today for a book that will be available for another two months (Feb 4, 2025). You do not have to pay till then and for those buying individual copies the actual price is likely to be closer to 22 US dollars vs 30 US dollars which will be reflected in the price guarantee that the various folks like Amazon and others offer. Please check your local retailer or Amazon for outside the US for options on how to order and time of delivery.
This LINK or this site : https://rishadtobaccowala.com/rethinking-work shows you all the places you can order including if you are in a position or interested in ordering more than 25 books for nearly half off. Many leaders have bulk ordered books for their teams and companies realizing it’s the best 20 dollars they can spend per employee.
This is a book that can help you as an individual or a leader.
Here is a link to the opening of the book (first 20 pages) that you can read or download.
It’s time for a rethinking for something so central to every person, firm and leader.
Rethinking Work.
Outside of our health and families, work is the most important thing we have.
It is going to be amazing believe me…
Rishad Tobaccowala spent 37 years in a spectrum of roles including being the Chief Strategist and Growth Officer of the Publicis Groupe a 106,000 person marketing and business transformation company before beginning a new career over five years ago as a company of one. Rishad helps people see, think and feel differently about how to grow themselves, their teams and their business through a combination of content creation, speaking and advising. More at https://rishadtobaccowala.com/
November 24, 2024
People.
image by peder 241 using Midjourney.
Everything is easy but people get in the way.
Every leader and every Board of Directors have strategy decks, PowerPoint slides and press releases about how they will forge into the future and transform themselves.
They will AI this and AI that.
They will re-organize this and downsize that.
They will buy this, divest that and merge this with that.
But the best laid plans fail to come to fruition
Because between the idea and the reality falls the shadow.
And the shadow are people.
People we define as employees, customers, partners, suppliers, stake-holders, users, members or audiences.
But they are people.
People like you and people like me.
And we sometimes forget to keep some things about people front and center.
An AI take on Pablo Picasso and Cubism using Midjourney
1. Companies do not transform people do.Any transformation strategy that does not incorporate why the transformation is good for the various people involved is unlikely to succeed.
Just because it is good for the company does not necessarily mean it is good for the people. The change involved is often described as good when reality is that change that is imposed on anyone is scary and sucks.
The key questions that people ask is not how the strategy will allow the company to grow but how will it help them grow?
Grow their skills, opportunities, income, and options.
Spreadsheets are cool and calculating.
People are warm blooded and feeling filled.
People are messy and many folks do not want to deal with messiness.
But to transform a company is to transform people.
So aside from Strategies and M&A and Re-org plans the key are constant communication, aligned incentive plans where people are incentivized to do the new versus the old and significant training investment to close the gap from the skills of today to the skills of tomorrow.
Companies do not transform.
People Do.
Image by Vangardis using Midjourney
2. People will be the differentiator not the technology.While technology is key to competitiveness and no company can remain relevant without embracing, adopting and incorporating technology very few companies have superior technology since most technology is developed by a few dozen companies that every one has access to and can utilize through licensing agreements.
AI is like electricity in that every company will need it to compete but it only a differentiator if one is competing with companies that do not use AI.
Just like no one goes around saying they are better because they have access to electricity since no company they compete with uses candlelight the same will be true about AI.
Having an AI strategy is not the point.
Determining how AI changes the strategy of the company including how to re-imagine itself in a world of new competitors and capabilities should be the focus.
That re-imagining unlike the efficiency and effectiveness deliverables that AI brings ( which every company must leverage to stay competitive and is primarily driven by technology) is dependent on the quality of the talent including that of the leadership.
The Internet required media companies to reimagine their business and very few of them like the New York Times crossed the divide. Most others moved slow and just ported their current business over to the Internet.
If the New York Times had decided to use the power of the internet only to gain subscriptions to the newspaper, find ways to make their printing presses work faster and used mobile to better manage the movement of their trucks they would not be where they are today. The future does need printing presses, trucks and paper and in such a world one had to reimagine.
In a world of AI and HI where HI is Human Intelligence. Human Inspiration. Human Interaction. Human Insight. Human Ingenuity. Human Imagination it will be people that will be the difference.
The impact of AI on people and organizations and leadership are key.
Every business may or may not be a technology business.
But every business is a people business.
Creator: Ralph A. Clevenger | Credit: Getty Images
3. People change slowly and therefore organizations need to start earlier to be ready.Transformation is not like an expresso coffee but much more like slow percolating tea.
It takes its own time because it involves people and people adapt slowly.
To transform people go through a stage of transition like a caterpillar as it becomes a butterfly must go through the pupa stage.
Transformation are stages of transition, adaptation, and finding fit.
This takes months and often years and so a company that believes their industry might change dramatically two years from now should start adapting now.
Because people change slowly.
And if companies are to transform it can only happen when people do.
People.
They are what matter.
November 17, 2024
Avoiding Career Irrelevance.
The conflation of five major forces from 1)technology to 2) demographic change, to 3) the growing importance of marketplaces where one can access both resources or customers with minimal to no capital, to 4) the rewiring of work due to Covid and 5) the rise of an economy of free-lance workers and rise of the side hustle, will impact every job but particularly those of knowledge works very significantly.
The Career Implications.While the future is often hard to predict one can be quite sure that in less than 500 days the current waves of change will grow into a tsunami, and everybody will be impacted in some way or the other.
1. We are now going to have 50-year careers: Extended life spans, limited government pensions, incentives for elder people to stay in the workforce, machine enabled work will have us working for multiple decades versus a 30-year career. Here is how to prepare for 50 year careers.
2. Life-Long Training and Education: Even three decades into a career well into the 50’s one may need to go back to school, re-skill and re-tool. And the days of saying “We will be retired before all these new things happen” will not be realistic. Investing in continuous learning will be key to stay relevant. Here is how to learn.
3. Jobs replaced by tasks: A job will not be a title, a position and a static role but a constantly changing number of tasks, outcomes and deliverables In a globalized and connected marketplace of unbundled and distributed work we will all become gig workers even if we spend long time in a firm since all firms will become increasingly agile and connected, looking to put the best people on the most appropriate tasks very much like the way Hollywood or TV production works.
4. We will be work in tandem with machines: Almost every job will leverage AI, and we will need to be comfortable with intelligent agents as co-workers. A company or individual working without AI will be like trying to compete without electricity and access to the Internet.
5. The trend towards “De-bossification” will intensify: The rapid delayering we see around us will accelerate as tenure, seniority and knowledge will give way to expertise, agility and ability to learn. More on De-bossification.
The keys to success will be a) what expertise one has, b) what do we make, create, build, and what outcomes do we deliver, c) how good are we at leading, training, and growing talent to unleash their potential and d) how rapidly can we learn and unlearn.
The big corner offices, the gauntlet of handlers, receptionists, and other awe-inspiring fear mongering scaffolding of the pre-2020’s will all be seen as the crutches of the insecure and the fearful causing most talent to rapidly re-route around such blockages and blockheads.
People’s “zone of influence” and “zone of impact” will be far more important than their “zone of control” or “size of kingdom”.
Three ways to ensure one remains relevant. Here are three keys to thriving and remaining relevant.
1. Being in charge of our own career.Today most people will work for 50 years while most companies last fewer than fifteen.
Even if your company has been around for a hundred years the talent team in any company is focused on serving the company you work for first versus you. They need to hire to their strategy, retain talent in some areas and exit talent in others, invest in skills the company needs now and for the future which might not be consistent with your career strategy, your continued need for income and different than the skills you need for now and the future.
Human Resource and Learning and Development teams are critical and important and can be a huge benefit to everyone, but the individual must decide how to utilize, leverage and strategically incorporate the resources of these teams.
Do not outsource your future to your company.
To oversee your own career is to have the optionality of leaving your existing company at any time with a high likelihood of improving your position and income.
Paradoxically when you do this you can focus on your job, stay long in your company and even adapt to soap opera drama at work because you know you have options.
Optionality will be the key to career power.
And your company by knowing that will also treat you well.
2. Thriving at our current gigs by operating like we are looking for one.Too many people end up not being prepared when their company downsizes or their career stalls. They find that they do not have the skills that make them marketable, and their reputation and networks are deeply limited and often over indexing in their own industry which might be in secular decline.
a) Every individual should Google or ChatGPT themselves and work to improve the results by developing their own web presence, by being active on social channels, and participating in industry activities.
b) Begin another career while you are working on an existing career: There are many parallel careers one can run which are not in any way conflicted with or need to be hidden from your management.
These include writing, teaching, public speaking, advising non-profits or being active in industry or personal passions such as art, music and other civil or charitable events.
These help one build skills, create goodwill by helping others and giving back, expose oneself to new people and thinking which can help one’s current job and much more.
c) Build a reputation for expertise and generosity.
Leo Burnett taught us that relevance and likability are key to any brand.
Every individual should have relevant skills in transformative times and be known for their ability to help and work with others.
People known to have skills that are in demand and who are pleasant to work with tend to be the most successful
Expertise is essential and it is critical that one is known to be excellent in a few areas while being a generalist in many. Increasingly people will hire for tasks and needs and will not fill jobs and roles and it is far easier to fit if one is well positioned.
This 9 word exercise will help you discover what you should focus on and the skills you should hone.
Generosity is a great strategy for the following reasons:
1) being good to people who need help when we had a job will help us when we are in need
2) we should not make the mistake of conflating our company and position with our own reputation. People are genuflecting to our role not us, so we need to build our own expertise and brand in addition to the halo of our company.
3) If one focuses only on oneself without building one’s company’s brand or helping others build theirs it will backfire. We work for companies and if we do not keep them in focus they will note it. And our reputation is built on the quality of our work and relationships not just our postings.
Do the things you would do if you lost a job and had to find one.
Don’t wait.
Till it is too late.
3) Investing in four key skills.a) AI: Whether we are an intern or a CEO we should allocate a few hours a week to keep honing our understanding of AI. This is too important to outsource completely to “experts”, “consultants” or someone else. Of course, many companies will need strategic advisors, technology consultants and more but unless one uses and builds AI muscle we will not be able to direct them or truly understand why AI even now is still under hyped. Read AI is Under-hyped and Upgrading our AI Quotient for more.
b) Communication Skills: Forget learning Mandarin or Coding but rather learn how to hone writing skills and become a great presenter in one’s native language. If the future is AI +HI a big part of HI will be world class communication skills. It can be learned, and it will make a difference. When everybody has the same knowledge it will be how we convince and inspire that will make the difference.
c) Making/Creating/Imagining/Building: Sooner rather than later all knowledge will be free so much of our existing expertise will matter less. Quantify how much of one’s job is about allocating, measuring, monitoring, delegating, and researching. These tasks which often are the majority of many jobs, but all these will be be done 100 X faster and 10X cheaper by technology.
We should ask how much time we spend making and creating things or asking questions to re-imagine our business and ourselves or building other people or our clients business versus processing stuff and sitting in meetings watching the same PowerPoint updated with new numbers every month!
d) Continuous Re-Invention: The day one believes one is a Master is the day one begins the road to disaster.
A key skill will not just be learning constantly but also unlearning and detaching from some past ways or beliefs. There is no going back but only moving ahead. Imagine if we came out of school today, would we act and behave the way we do or are we doing what we do because we believe 1) we will retire before change hits us, 2) we cannot learn new things because they are complicated or 3) because we do not have time.
We should not sell ourselves short.
Everybody regardless of age can re-invent. The ability to learn is cheap and there are many real world and online resources to tap.
Finally, growth and learning is key to life since the day we stop learning is the day we start dying.
Unless we plan to end our career in a year or less, we will have to begin future proofing right away whether we like it or not.
November 10, 2024
Repairing Ourselves.
“Everything that has a shape breaks”- Japanese Proverb
But…
“The world breaks everyone and afterward many are strong at the broken places”- Ernest Hemingway
And…
Paths to repair.“Repair is the creative destruction of brokenness” - Elizabeth Spelman
1.Poetry.
2.Water
3.Wabi-Sabi
4. Kintsugi
5. Gardens.
6. Untying
1. PoetryPoems restores us to what is deepest in ourselves.
Poetry finds the perfect words in the perfect order.
CK Williams in his Pulitzer Prize winning collection “Repair” writes how
‘Self-doubt is almost our definition” as we move forward with the “hesitant music” of our lives
“If I can create myself, I’ll be able to amend myself.”
“Re-establishing myself in myself like this always comes to pass”.
He celebrates “Invisible mending”.
The minds procedures of forgiveness and repair.
The greatest poetry is written at the borders of what can be said. As this stanza on persevering and resurrecting and restoring oneself through the ups and downs of life while never losing your internal melody …
“Be soft in your practice. Think of the method as a fine silvery stream, not a raging waterfall. Follow the stream. Have faith in its course. It will go its own way, meandering here, trickling there. It will find the groves, the cracks, the crevices. Just follow it. Never let it out of your sight. It will take you”. Sheng-Yang
The photograph above is from an amazing oasis in Chicago is the Poetry Foundation library which holds the largest collection of poetry books in the United States. You can have the library on your phone by downloading the app from here:
https://www.poetryfoundation.org/mobile-app
You can access poems by topic, by mood, by author and much more and it is all free.
2. Water.Moving water is often symbolic of power and life. It can reputedly heal the sick and the lame, restore youth, confer fertility, dissolve sin, and so on.
It is an alchemy of thermal simulation that leaves one clean and pure and reconciles mind and body.
Flowing water whether it be rainfall, a stream, a river, or the tides of a lake or ocean has a certain timelessness to its biological rhythms.
P Walton wrote in the philosophy of water:
The three key lessons that can be drawn from this are humility, harmony and openness.
Humility: water stays low in the river, yet it is a life-giving force.
Harmony: water does not fight against its surroundings, it works with them to find a course.
Openness: water is open to change: gas, liquid, solid. It adapts and alters its form accordingly.
3. Wabi-SabiWabi-sabi is a beauty of things imperfect, impermanent, and incomplete. It is a beauty of things modest and humble. It is a beauty of things that is unconventional.
It is a philosophy of repair and therefore real life for it does not have perfection or ideal as a goal
Wabi refers to a way of life, a spiritual path, the inward, the subjective, a philosophical construct. It is about “space”.
Sabi refers to material objects, art, and literature, the outward the objective an aesthetic ideal, it is about “time”.
4. KintsugiKintsugi is a Japanese repair technique that takes ceramic destruction and makes a broken object into a new entity. It leaves clear bold visible lines with the appearance of solid gold. A kintsugi repair speaks of individuality and uniqueness, fortitude and resilience, and the beauty to be found in survival. Kintsugi leads us to a respectful acceptance of hardship and aging.
Kintsugi has in it the Wabi-Sabi philosophy and its belief of beauty, knowledge and humanity arising from the scars and the repairs is sung by Leonard Cohen…
Ring the bells that can still ring
Forget your perfect offering
There is a crack, a crack in everything
That’s how the light gets in…
And the philosopher Rumi…
“The wound is the place where the light enters you”
5. GardensIn the Charlevoix region of Quebec there lies a private garden which covers more than 20 acres and is called Les Quatre Vents ( The Four Winds). It is considered amongst the finest private gardens in the world (it is opened a few times a year to the public).
The garden was created by one person, Francis Cabot, as his life work that blends creativity and passion and it is simply the most breathtaking places one can imagine.
Francis Cabot believed that gardens are like art and have the power to change you. And unlike other art, which may affect you differently over time, because you have changed over time, a garden is itself always changing. Francis designed his garden to lift the soul of people who walked through it. To help them grow and repair and heal.
He wanted us to come out different after the experience.
Here is a peek at Les Quatre Vents…
One prescription for the pressures and challenges we face is to take a walk in a garden.
Regardless, it is key to remind ourselves of Francis Cabot’s belief that every individual is creative and we have a garden within ourselves that we need to tend to so that we can heal, self-repair and always bloom…
6. Untying vs Cutting.Sometimes we cause damage to ourselves and our relationships by making hasty decisions, or having litmus tests with which we judge an entire person based on a single opinion or act. In doing so we cut harshly, end abruptly, or shut down angrily.
If something has to end it is better to untie then to cut.
When we cut both sides of the string or rope get frayed but when we untie things both sides remain intact.
And in the gradualness of the act we may find that we did not want to untie in the first place or we leave things in such a way that they can be retied in the future.
Sometimes repair means not creating situations that need repair.


