Using Crisis as an OpCrissesportunity 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 willrealize 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 toMysore. At Nis a town on the border ofYugoslavia & Bulgaria, he took the SophiaExpress. He started a conversation with a localgirl & discussed about the challenges of living inEastern Europe. When the police observed this,they caught him & jailed him for 72 hours. Thenthey released him & put him on the freight trainto Turkey.

    This experience made a deep impact on his mind.

    He concluded that the only way to eradicatepoverty is by encouraging entrepreneurship thatresults 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 aliquidity crunch & went bankrupt. He was indeep trouble, but the reel life hero bouncedback with Kaun Banega Crorepati.

    This program on Star Plus revived his fortune.

    He hosted this quiz show at a time when moviestarts saw featuring on television as a step backin career & Mr. Bachchan changed thisperception.

    He earned Rs. 15 crore for 85 episodes. Thencame the rush of endorsements. He bagged thedeal 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 timesopportunities 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 Paymentcrisis. Foreign Exchange reserves were low &the Indian government was in such a severedebt that it had to trade its gold reserves tothe IMF to get a loan of $ 2.2 billion.

    The then Prime Minister P.V. Narasimha Raointroduced liberalization in India. Reformswere introduced to open up India to foreigninvestments. Capital market & trade regimewere reformed.

    Rao along with economist Manmohan Singhthen set goals to reduce the fiscal deficit,increase infrastructure investment &privatize the public sector. They opened upIndia 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 presidentialelections in the final days and HurricaneSandy is one of the reasons why he wonthe elections according to many.

    The storm devastated the West Coast ofUS just one week before the USPresidential Elections.

    The Federal Government did everything

    possible to provide all that wasnecessary to the affected areas. Heclosely monitored the situation andpushed the electric companies to getback 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 ofextradition to the US, charging him forleaking out thousands of US military secrets& diplomatic information.

    According to him 40 % WikiLeaks' fundscome from the US, despite the hostilegovernment. In his second address since hisconfinement he said boldly that 2012 washuge year for WikiLeaks, as it had placedmillion documents on internet, some even

    related to the Syrian Civil War.

    Despite the dire circumstances he has nointention of slowing down. He said thatWikiLeaks was releasing some more million

    documents in 2013, that would affect allcountries.

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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 wayalways lead to a successful future.

    When you have planned something & things go wrong to disruptyour 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 demandscourage. But, you cannot give up even if you are confined.

    Keep a positive attitude in adverse circumstances, only then willyou learn from them.

    No opportunity is small, cash on it and make it big.