Using Crisis as an Opportunity to Change

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Using Crisis as an Opportunity to Change
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Do you see an opportunity in crisis?

• You have been in circumstances that have been so
  adverse that
• there could have been no positive side to it?
• Retrospect think about those incidents of your
  life, you will
• realize you must have learnt immensely from them.
  These
• adverse circumstances become opportunities, when
  you dont
• let them hinder you, but let them motivate you.
• This presentation brings to you some great people
  who found
• opportunity in the most adverse situations.

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Narayan Murthy in prison in Bulgaria

• In 1947 , when the co-founder of Infosys, Mr
  Narayan Murthy was hitchhiking from Paris to
  Mysore. At Nis a town on the border of Yugoslavia
  Bulgaria, he took the Sophia Express. He
  started a conversation with a local girl
  discussed about the challenges of living in
  Eastern Europe. When the police observed this,
  they caught him jailed him for 72 hours. Then
  they released him put him on the freight train
  to Turkey.
• This experience made a deep impact on his mind.
  He concluded that the only way to eradicate
  poverty is by encouraging entrepreneurship that
  results in large scale job creation.
• Thus, he successfully founded the IT company
  Infosys in 1981.

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Get inspired by adversity

• In adverse circumstances our view becomes
  pessimistic, but if we keep a positive attitude,
  we can think carefully as to what lesson we can
  derive out of them.
• We will get inspired by the adversity to overcome
  it to build institutions like Narayan Murthy did.
  
• Such situations change our ideas leave us
  inspired.

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Amitabh Bachchan after bankruptcy

• In 1999 ABCL started by Mr. Bachchan faced a
  liquidity crunch went bankrupt. He was in deep
  trouble, but the reel life hero bounced back with
  Kaun Banega Crorepati.
• This program on Star Plus revived his fortune.
• He hosted this quiz show at a time when movie
  starts saw featuring on television as a step back
  in career Mr. Bachchan changed this perception.
  
• He earned Rs. 15 crore for 85 episodes. Then came
  the rush of endorsements. He bagged the deal for
  endorsing ICICI Bank for Rs 10 crore. This helped
  him to clear all debts.
• At 60 plus Mr. Bachchan had fought a battle that
  even youngsters couldnt have dared to fight.

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No opportunity is small

• Dont look at any opportunity to be small, take
  it and make it big.
• When you are going through tough times
  opportunities might knock your door. Dont turn
  away by saying that your problem is too big
  wont get solved by this small opportunity. Take
  it give it your best.
• Fortune favors the brave.

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Narasimha Rao liberalized India

• In 1991 India faced a Balance of Payment crisis.
  Foreign Exchange reserves were low the Indian
  government was in such a severe debt that it had
  to trade its gold reserves to the IMF to get a
  loan of 2.2 billion.
• The then Prime Minister P.V. Narasimha Rao
  introduced liberalization in India. Reforms were
  introduced to open up India to foreign
  investments. Capital market trade regime were
  reformed.
• Rao along with economist Manmohan Singh then set
  goals to reduce the fiscal deficit, increase
  infrastructure investment privatize the public
  sector. They opened up India to foreign trade
  pulled India out of the crisis.

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Bold decisions at a crucial juncture

• It is difficult to take the right decision at a
  crucial juncture, especially when you are a
  leader.
• Bold decisions are risky but, when implemented in
  the right way always lead to successful future.

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Hurricane Sandy Obamas election campaign

• Barack Obama led the presidential elections in
  the final days and Hurricane Sandy is one of the
  reasons why he won the elections according to
  many.
• The storm devastated the West Coast of US just
  one week before the US Presidential Elections.
• The Federal Government did everything possible to
  provide all that was necessary to the affected
  areas. He closely monitored the situation and
  pushed the electric companies to get back power
  as soon as possible.

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Obstructions are opportunities

• When you have planned something things go wrong
  to disrupt your plans, the disruption might
  actually be an opportunity.
• Be prepared to use each impediment to your
  advantage.
• Obstructions in your plan are testing times, when
  you overcome them, you grow rise above the
  situation.
• People start trusting you relying on you.

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Julian Assange in Political Asylum

• Julian Assange the founder of WikiLeaks  is in
  Ecuadorian Embassy, as he faces the risk of
  extradition to the US, charging him for leaking
  out thousands of US military secrets diplomatic
  information.
• According to him 40 WikiLeaks' funds come from
  the US, despite the hostile government. In his
  second address since his confinement he said
  boldly that 2012 was huge year for WikiLeaks,
  as it had placed million documents on internet,
  some even related to the Syrian Civil War.
• Despite the dire circumstances he has no
  intention of slowing down. He said that WikiLeaks
  was releasing some more million documents in
  2013, that would affect all countries.

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Challenge yourself

• When you take a step that challenges the
  authority it demands courage. But, you cannot
  give up even if you are confined.
• Even in dire circumstances you need to stand by
  what you believe strongly.
• In fact, you will gather courage from the people
  who stand by you.
• When tough times besiege you, your self belief
  will be challenged.

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Grow from your challenges

• Bold decisions are risky but, when implemented in
  the right way always lead to a successful future.
  
• When you have planned something things go wrong
  to disrupt your plans, the disruption might
  actually be an opportunity.
• Be prepared to use each impediment to your
  advantage.
• When you take a step that challenges the
  authority it demands courage. But, you cannot
  give up even if you are confined.
• Keep a positive attitude in adverse
  circumstances, only then will you learn from
  them.
• No opportunity is small, cash on it and make it
  big.