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Using Crisis as an Opportunity to
              Change
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 don’t
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.
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.
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.
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 couldn’t have dared to
    fight.
No opportunity is small

•   Don’t 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.
    Don’t turn away by saying that your
    problem is too big & won’t get solved by
    this small opportunity. Take it & give it
    your best.

•   Fortune favors the brave.
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.
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.
Hurricane Sandy & Obama’s 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.
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.
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.
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.
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.

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Using crisis as an opportunity to change

  • 1. Using Crisis as an Opportunity to Change
  • 2. 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 don’t 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.
  • 3. 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.
  • 4. 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.
  • 5. 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 couldn’t have dared to fight.
  • 6. No opportunity is small • Don’t 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. Don’t turn away by saying that your problem is too big & won’t get solved by this small opportunity. Take it & give it your best. • Fortune favors the brave.
  • 7. 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.
  • 8. 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.
  • 9. Hurricane Sandy & Obama’s 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.
  • 10. 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.
  • 11. 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.
  • 12. 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.
  • 13. 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.