Live Limitless with Raam
“The World’s Most Value-packed Newsletter Life-letter to WIN at Work, Life, and Home” with:
3 big ideas, tips or strategies
2 stories, quotes or case-studies
1 critical question to ask yourself
Live Limitless: How the mind works, power of choice, adaptability and the origin story of Microsoft’s lead in A.I.
read on LIFELETTER.RAAMANAND.COM | MAY 27, 2023
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3 Big Ideas, Tips or Strategies for this week
- How The Mind Works
In the nonfiction book “Thinking, Fast and Slow” by Daniel Kahneman, a Nobel laureate in Economics, he introduces a framework about the dual process of our minds, referred to as System 1 and System 2.
System 1: This is the fast, intuitive, and automatic system of thinking. It’s driven by our instincts and what feels ‘right’. It’s great for making quick decisions and is influenced by our past experiences and biases.
System 2: This is the slow, deliberate, and analytical system of thinking. It requires conscious effort and is responsible for complex calculations and critical thinking.
Understanding this framework can help individuals recognize when they might be relying too heavily on instinct (System 1) for complex decisions, and when it might be beneficial to engage in more deliberate thought (System 2). It can also help in understanding cognitive biases and improving decision-making processes.
- Management & Leadership
While management excels in executing tasks correctly, true leadership shines in choosing the correct tasks to execute.
- Power of Choice
The power of choice lies in its ability to shape our lives. Every decision we make, big or small, steers our journey and ultimately defines our character. Our choices, more than anything else, reveal who we truly are and what we can become.
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2 Stories, Quotes, or Case-Studies for this week
- Adaptability
When the COVID-19 pandemic started wreaking havoc globally, many industries, including the automobile sector, were hit hard. However, Tesla, under the leadership of Elon Musk, took some strategic steps that set the company apart. They swiftly transitioned to producing ventilators to aid in the global health crisis, showcasing their agility and social responsibility.
But what truly stood out was their approach to remote work. While many companies struggled with this transition, Tesla used it as an opportunity. They developed new virtual processes and put systems in place to ensure that their staff could continue their work from home as effectively as possible.
As a result, Tesla managed not just to survive the pandemic but also achieved record deliveries and their first full year of profitability. This anecdote serves as a lesson in leadership and adaptability. It shows the importance of resilience, innovation, and the ability to pivot quickly in response to unforeseen circumstances.
- How Microsoft Started with AI
When Satya Nadella took over as CEO of Microsoft in 2014, the tech giant was facing stiff competition and was considered to be losing ground to competitors. Nadella, however, had a vision to transform Microsoft from a “know-it-all” to a “learn-it-all” organization.
One of the first things he did was to shift the company’s focus from competition to innovation. He prioritized the development of cloud computing and embraced partnerships and collaborations, even with competitors. This was a stark departure from Microsoft’s earlier stance.
Nadella also emphasized a growth mindset in the company culture, encouraging employees to embrace challenges, learn from failures, and continuously seek improvement.
As a result, Microsoft has revitalized its image under Nadella’s leadership, becoming a leader in cloud computing and AI, and seeing its stock price triple since he took over.
This story highlights the impact of leadership in transforming a business. It emphasizes the importance of adopting a growth mindset, embracing change, and fostering innovation to stay competitive in the evolving business landscape.
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Being adaptable and flexible can be a strength and help people tide over difficult situations. So, it’s time to ask yourself: “Can I quickly adapt to changing situations or am I struggling with being rigid?”
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Let’s meet again. Until then, Keep Smiling… Believe in Yourself… and Get all the Best Things in Life,
Raam Anand
Publishing Coach to hundreds of first-time authors around the world
Publisher & Chief Editor at Stardom Books (USA/India)
Author of the International Bestseller, Write Now
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