4th Edition of CxO Roundtable on Digital Transformation

CxO Roundtable continued with its 4th edition, held recently in Chennai. Shyam Sekar S, our Founder and Chief Mentor chaired/moderated the session which had 10 interesting and enterprising CxOs from different industries, driving #digitalbusinesstransformation in their organizations. Some of the takeaways of this CxO meeting are:

  • With budgets getting squeezed while costs are rising, it is important to build the right #culture in your organization.
  • Optimize your costs through digital transformation initiatives
  • Standardize through #digitalstrategy to manage better
  • Connect top to bottom of your organization through effective implementation
  • Celebrate with your customers, their success and stories
  • Co-create with your your stakeholders to leverage in this #digital world
  • Feedback from customers, employees, and other stakeholders is feasible digitally to enable quicker action
    This was organized by #thetalk and Tata Tele Business Services.

IIT Kharagpur & AIC Startup Workshop

IIT Kharagpur had organized Local Startups Meet in association with Anna University Incubation Center (AIC). Our Founder and Startup Expert Shyam Sekar S, had delivered a workshop titled ‘The path beyond Product Market Fit – The endless journey’. The session was very informative and well appreciated. Startups had interesting takeaways at the end of the session.

Is Moonlighting ok or not?

Moonlighting ok if no conflict of interest and with transparency

Moonlighting refers to an employee involved or engaged in secondary jobs/activities besides being on-roll in a company. These are mostly done to earn a secondary (or multiple) stream(s) of income besides the regular salary. The big debate is, should it be allowed or should it not be, though there are justifications to both sides of this story.

The supporting point is that employees undertake these activities after their office hours and/or over the weekends. In my opinion, in today’s world, the lines are blurred with reference to work life and personal life. It has further diminished over these last couple of years with a large part of workforce working remotely. In such circumstances it is difficult to ascertain whether or not these works are actually done over the weekend or does it interfere in the regular works; it is tough to implement a robust monitoring mechanism with no transparency on such activities. Besides, employees can get distracted and it can dilute their focus at work.

At the same time, I do support the secondary stream of income, provided there is no-conflict of work/company’s interest. If the same/similar works are performed with the company as well as with others (can help with skill enhancement) then work ethics will be a bigger challenge to address and so should be avoided. However, an IT professional can perform music/arts over weekend as a secondary income; a manufacturing professional can coach students preparing for professional exams, and likewise. That way the balance of personal and professional life, and financial aspects as well, can be balanced effectively. You can also read the article here: https://epaper.bizzbuzz.news/Home/ShareArticle?OrgId=2897b24054a