Here is the final part of the text of Prof. Colin Coulson-Thomas* talk at Gyan Diksha Samaroh Commencement Ceremony of 22nd Academic Session at Sri Sharada Institute of Indian Management-Research, New Delhi held on September 2, 2017
Look for opportunities to contribute and to add value. There are many people drawing from the well of knowledge and civilisation and far too few replenishing the supply.
Be hopeful
Learn to live with uncertainty. In whatever situation you find yourself, tomorrow is another day. Life may not always seem fair to you, but you can still try to be fair to others.
Turn challenges into opportunities
Turn threats and challenges into inclusive opportunities. There are opportunities to ameliorate negative consequences, opportunities to help people to cope, and opportunities to develop alternatives and substitutes.
Seize every opportunity
Do not pass up opportunities. Try to live your life today so that you will have few regrets in the future. Don’t be impatient or in too much of a hurry. At the same time don’t procrastinate.
Utilize time wisely
Use your time and that of others wisely. Use it to create outcomes, offerings and solutions that are better, unique, special or different. Disruptive technologies, digital developments and greater connectivity break down barriers and open up new possibilities. We have more options in terms of where, when, how and with whom to work, learn, consume and share than any generation in history.
Embrace diversity and leadership
We also have more opportunities to lead, manage, help and support others. A business can become a cause. Dreams can become realistic goals. Network across communities. Look beyond labels and symbols of race, religion and nationality at motivation, conduct and contribution.
Foster creativity through diversity
Openness and a diversity of complementary talents and personalities within a group can stimulate creativity, enable innovation and support entrepreneurship.
Pursue entrepreneurship and leadership
Leadership and entrepreneurship are about thinking as well as doing. Many of you will become self-employed and entrepreneurs. Rather than be a piece on someone else’s chessboard, you will create your own games and build your own businesses.
Challenge the norm
Apparently, the most visited place on our planet is not a contemporary oracle, a seat of great learning or a world heritage site, but a shopping mall in Dubai. Many people search for things rather than for thoughts. Another reason why you are so precious.
Exercise independent thinking
Going with the flow and following the crowd can sometimes be fatal. Effective directors avoid groupthink and exercise independent judgment. They are also tolerant of others and try to understand their viewpoints.
Seek counsel and think critically
Think for yourself, but – where appropriate – listen to informed counsel. Take objective, honest, balanced and relevant advice. Encourage people to discuss, critique and refine. Aims and outcomes are improved by questioning and challenge.
Embrace change responsibly
We don’t want change for changes sake. We have to safeguard scarce natural capital. We need caution and prudence as well as energy and drive.
Maintain focus and independence
Focus. Concentrate. Less can be more. Avoid distractions and avoid getting into debt.
Foster self-reliance
Being dependent upon others or under obligation to them can limit independence of thought. It can prejudice the giving of objective and honest advice. Being forced by necessity to keep in with others can breed accommodation, flattery and groupthink.
Uphold self-integrity
Try to be inner directed and self-motivated. Just as you should not flatter or deceive others, so you should not be distracted by their attention, flattery and deceit.
Value self-assessment
Whatever recognition others give or do not give you – whether genuine or false – should not affect your opinion of yourself, if you have done your best to do what you believe to be right. If you avoid self-deception, you will know your motives, what you have done and what you have achieved.
Find your anchor
Having a place you associate with or call home can give you an anchor and a foundation, somewhere to return to and recharge your batteries. For some of you, this institute and community could be such a place.
Make the most of your abilities
We cannot claim credit for being born smart. You will all deserve credit for making the best use of whatever capabilities you have inherited and/or develop. Use them to benefit yourself, your families, your communities, your country and the wider world.
About the author
*Prof. (Dr) Colin Coulson-Thomas has helped directors in over 40 countries to improve director, board and corporate performance. In addition to directorships he leads the International Governance Initiative of the Order of St Lazarus, is Director-General, IOD India, UK and Europe, chair of United Learning’s Risk and Audit Committee, Chancellor and a Professorial Fellow at the School for the Creative Arts, Honorary Professor at the Aston India Foundation for Applied Research, a Distinguished Professor at the Sri Sharada Institute of Indian Management-Research and a member of the advisory boards of Bridges of Sports and the Arvind Foundation, and ACCA’s Governance, Risk and Performance Global Forum.
You may also like:
- Prof Colin Coulson-Thomas named ‘India CSR Goodwill Ambassador for Sustainability’
- Prof (Dr) Colin Coulson-Thomas
- India CSR Honours Prof. Colin Coulson-Thomas honored with India CSR Lifetime Achievement Award
- Enterprise Risk Management: Board Perspectives (Questioning Risk Management): Prof. Colin Coulson-Thomas
