And now, the Mentor radio, 1 of the
most popular and unique shows on the air
today. Here each week, remarkable Ceo chosen leaders,
including host Tom Laurie and Dan He, and
their guest will mentor you. Challenging your thinking
about life and work.
Sought after for their
leadership and advice and for helping others succeed
throughout their careers. Now the same Ceos, the
mentors want to help you achieve your highest
level of profit ability, success, and personal fulfillment
in life at work and in business.
Learn more and check out the show notes
at the mentor radio dot com. That's the
mentor radio dot com.
And now here is your mentor.
Welcome, I'm, Tom Lauren, I'll be your host
today. Thank you for joining us. Today. We
welcome back Ram S, a world renowned business
consultant, author speaker held by the economic Times
as the world's most influential business consultant. With
a career spanning over 40 years, Ram provide
has provided unparalleled,
insights and practical solutions to top companies, Ceos
and boards globally,
including Toyota, Bank of America and nova var,
known for his ability to cut through complexity
and address core business issue. Ram real world
advice is not only relevant, but actionable from
day 1. He's written over 30 books that
have sold more than 4000000 copies,
So welcome, Ram, first of all, I really
appreciate you taking the time, be with us.
I know you're doing a lot of traveling.
So it's valuable time.
This marks your first appear fifth appearance on
the mentors.
And on past shows we've covered things like
the 5 basic for business, new rules of
competition,
Amazon's top secrets of success and how to
manage an inflationary times.
And those listeners that wanna go back and
listen to those shows. You can go to
our website. The radio dot com. Go to
list index of shows and then search, and
you find all the shows that Ram has
done with us
over the last few years. But today, Ram,
I'd like to do something different and have
an open conversation like you do when... Like
we do when we get together over dinner
and we talk. And after I'm done... My
brain is mush because you have so much
to share.
I'm recently honored to be here
with you, Tom, our a long friendship,
and I love your questions.
And we go from there,
and my mission in life, something I say
something I write has to be useful to
the listener to the practitioners.
So go ahead with your question.
Well,
you're dealing with Ceos,
leaders,
sports,
what is it that you're hearing these today?
Where are people focused? Where there concerns? What
are their anxieties?
I think there are a number of them,
there are also some excitement.
If you look at a company like Nvidia,
there is endless excitement.
They're growing.
They're changing world.
Their market value going up every day become
number 1 from nowhere 2 years ago.
Microsoft continues to move forward.
So the tech companies are on the exciting
side.
They are concerned,
basically, if any
leakage of technology
to the opponents,
but they continue to do that.
The larger
population of business people,
legacy bound,
but there is a huge
competition
from China,
Mexico,
Vietnam
and also
concerned about the global disorder going on.
Global disorder. We have
Russia,
Ukraine,
the change the logistics, change food flow,
change energy flow
we have Israel Ham hamas,
and there the whole
participation of.
Now we have the North Korean
and the Russian together,
then Russia and China together, announcing
tearing, defense, etcetera.
Taking the resources of the United States and
Europe,
in those conflicts,
there is conflict going on around philippines the.
So we see all these things, and you
find that
it's the human beings to create this disorder.
Disorder does not happen on its own.
So there is a disorder of energy flow
disorder of food chains,
disorder of
logistics
you have on the Red sea pi,
you all these syncs going on. And so
the security has become an important item.
And security of supply, security,
in terms of a national security,
security in terms of what the currency will
do.
Security in terms of what the fed will
do
these are the kinds of concern
in addition to cyber cybersecurity.
And so
these are the ones we are now getting
used to it. And they have to have
agility. They have to have flexibility.
They have to have flexibility in their budgets,
flexibility
in assigning the right people.
Flexibility in creating quick
system.
These are some of the things happening.
A very important part world has moved into
digital economy,
but most legacy companies are nowhere
to be able to do the
digitization as the native people have done?
So how do they allocate capital
many of the Ceos are here, or D
in the headlight
because they tried something internally done
they don't see the value of it. They
can't convince to use it
and data becomes a central point now.
To make decisions. So these are many things.
They have to contend
their are importance we need to go
segment by segment sector by sector,
industry by industry because no 2 industries are
affected the same way.
So these are the overall things tom.
1 of the things you talk about because
I don't think a lot of people pay
attention to.
Is the dollar.
I mean, I know in your circles, but
I I don't hear... I never hear anyone
talk about the dollar that... The dollar
Do you see that as at risk in
terms of being the dominant currency?
Yeah. So let me explain to the people.
They adopt our value today
unnecessarily
over the last 3 years have gone up
very high.
Because people trust the dollar. People invest here
in dollar.
And so
it needs to be dev value to bring
it down towards.
It's not there it's something wrong with it.
And that has to be done
because of our balance of payment
is
really not very good.
Unless you dev value the dollar, bring it
where it should be.
It's not the dollar weakness.
The weakness is of a different kind.
Now multiple currencies,
nations
want to have their own currencies zone.
British has it.
Euro has it.
Doctor has it.
Twist Friend has it. Now China has it.
And China
has a zone
of ren trading.
Saudi
and China, Russia and China.
Hungary and China,
Brazil and China,
to all the
transactions that China does today,
19
percent of them are in Chinese currency.
It's only for 0.5 percent of the global
transactions.
So
we have so much debt in America.
That the confidence
of the rest of the world
is the
underpinning.
If confidence eros
dollar will be under under threat. If the
confidence doesn't
in any way,
decline,
dollar can remain for a long time
even though the transactions can go down.
Right now, roughly 70 percent of the global
transactions, are in dollars. So it's okay. No
problem,
but we cannot have the confidence in the
dollar be lost.
Because all the debt is based on
this.
Now, let's come back to that in second.
I'm with Rot We're with Bra S today.
This is Tom Lori, This is the Mentor
radio show.
And now, back to the mentors where remarkable
Ceos
challenge your thinking about life, and business.
Welcome back. This is Tom Lori. I I'm
with Ram S, the world's most influential business
advice Adviser to Ceo's business unit managers and
boards of directors.
Remember you can also listen to the show
or any a previous show via podcast on
itunes, tune ins, Spotify, Google and more on
any device anytime, you can subscribe at the
bun radio dot com. So coming back to
the dollar,
what it... So
what does it mean? Let's say,
I... For a bit 2 thing.
The if we lose confidence in the dollar,
what does it mean for a
corporation in the United States. And what does
it mean for that... And I know you
grew up in a, selling shoes and your
shoe family, the family shoe business? What does
it mean for the family shoe business in
the United States?
Yeah. The key point is for a family
shoe business in the United states.
Is where they're buying their goods.
What currency are they buying goods?
Today,
their wholesaler selling to the retailer.
They're buying from China, India.
They're also buying in the United States,
80 percent plus of the shoes in America
are not made in the United states.
They made in China
made in in in India.
So these currencies are fluctuating They're volatile.
And if the American currency declines,
then those shoes will become more expensive to
sell.
They will need more working capital.
And as far as capital
availability.
And as you know, I've been in the
startup world now for... Yeah. I can't remember
how long now.
Yeah.
How do how do you see capital formation
over the next few years?
It's right now in the world I live
in, which is in biotech.
It's very difficult to get an early stage
biotech company funded. Of course, we're in a
very different situation than few years ago, 0
interest rates.
Now there's interest rates which are
appropriate, but,
what's gonna happen to capital formation? No. I
I think Tom,
These things have to be sector by sector.
And there's a fashion.
Valuations go up, go down
the investors
have their own marriage.
So
would
state the total availability for capital.
For the United States, they remains very large.
It's how the sectors do, what do they
do.
American capital is beyond American capital
because there's a full capital that will be
available.
America is still has an import of power
direct investment,
over 200000000000, larger than China.
So a cable is available.
It is how it's get
allocate it by the players in the scene.
So we have very difficult time in biotech
right now.
And we've had good times. Say as you
said, I've been around long enough that down
through the good the bad 10. So they'd
go through their own cycles.
And the total capital worldwide is available. No
question.
And the last time we talked, we spent
full hour talking about inflation and how to
manage through inflation and that was in 20
22.
How do you view,
inflation going forward? It seems to... Yep. Then
certainly reduces
In a medical, in India.
The inflation is here to stay.
We have known the incompetence of fed.
They mislead,
not deliberately.
They want to be flexible.
4 percent is a 4
contribution. It can go higher
why it can go higher
if Donald Trump comes back, he does the
text cut
and if the dollar dev values
we will have inflation more
than we have more than 4 percent.
So inflation is needed.
Do not have too much debt,
watch your working capital daily
and watch your inventories get daily if you
are a manufacturing company.
And you gotta change your prices
judicious.
It's going to be here. This month,
the 3.3
percent increase
in the consumer price index compared to last
year.
Right.
This is Tom Lori. You're listening to the
radio shirt today. I'm with Ram S.
I had a show... I did show a
while back. You and I talk briefly about
it on the phone, but with Bill George.
And I asked Bill because he does a
lot of consulting, different kind of consulting to
Ceos. But I asked him
what he saw
and the C suite. And he said the
lack of courage.
And you and I kinda talked about that.
What did... What do you think about the
lack of courage? I mean, you met... You
mentioned you a little bit about digital on
how people have made some mistakes and gone
down the road out. But are we lacking
courage? Is there a a dear of courage
today?
I think it's hard to generalize.
I vaccine president vital cottage to take the
big actions
is taking incremental actions.
Regarding all this disorder.
It inches at a time, so that is
courage lacking.
Then we have the legacy companies
And there, the legacy companies don't really know
what digitization is
that ignored.
They have It people who don't know how
to reg digitize.
They don't know how to go about it.
So I would say
partially
that they need to learn this thing and
go forward.
But the inherent courage part is is is
there.
Their issue is short term versus long term.
If they don't deliver short term,
what the market will do.
And then if they lose it,
that there's is a to tremendous penalty of
these people
by the
shareholders who come in.
And unload on you.
So
my my sense where I sit across the
globe.
I'm looking at India, a lot of courage
going on.
If you look at China,
President xi is driving a great strategy from
China viewpoint
with lot of courage. We don't like it.
It's hurting people. Yes.
So I would I I would have a
different view.
And
you're spending a lot of time in India
now. And India seems to be... I mean,
there's a lot more interest in India for
manufacturing in the United from companies in the
United States, tell us a little bit about
what you're seeing in India and we're it,
where it's headed. The path it's on.
Yeah. India is on fire.
India for the first time in its history
as a prime minister who knows how to
develop economically
develop a nation economically
has developed
expertise and experience over time,
you knows where to focus,
out allocate resources,
how to create joint ventures,
how to get
the pre trade
agreement
It's moving
is is is growing
is making more changes to go
eliminating a lot of hundred year old laws
gradually
is humble in this election, didn't get a
full majority.
He depends on 2 parties to carry out
my majority programs. I've no doubt they will
be done.
I know 1 of them who is built
the same way. Who was an economic builder.
So I feel very positive about it.
Micron...
Micron chips guy is building a plan that
will be ready by the end of December.
All those things are going on. Semiconductors,
agreements have been made.
That will be done by Tata in India.
So the economy,
the confidence
the the the change of laws,
the the
free trade agreements invite D,
all that direct continues.
And it is on a hard path.
2030,
I see a Gdp.
From roughly 5000000000000 to 7000000000000.
That parts is clear.
Mister Modi has kept the same team economic
team.
This will be the the tic here or
the same team,
reserving
the
furnace minister
the homeowner minister,
the defense minister the same team. They work
together very well. You won't believe this tom,
people don't know of
take a guess to whom
the United States says the most debt.
Well I always heard it's China, but I
think there's probably not if you're asking the
question. It's not it's not. Is your parent?
Out the fourth the largest
is India.
Ja is close to Trillion.
China close to 800000000000.
Nick
is around that.
Tristan around that.
India, 660000000000.
Well, when we come back,
I'd like you... I well, and let's talk
a little bit about the difference in
Business leadership in India versus the United States.
This is Tom Ward we're with Ram S,
and this is the Metro radio show.
And now back to the mentors, where remarkable
Ceo
challenge your thinking about life and business.
Welcome back. This is Tom Lori and I
am with Ram Sc, the world most
influential business adviser to Ceos, business unit managers
and boards of directors.
And the last segment we're talking a little
bit about India, and it raise it quick.
What are you seeing are differences between how
people manage and run companies in India versus
the United States. Any big things that are
Yes.
So top first thing everybody needs to understand.
It company manages it
and gets the best
out of their leaders. Is not
a ceo who lease it and their managing.
Managing mean bringing the people together,
getting the best out of them
and it follows our rules
and get things done.
So the leadership part, people need to understand
If you don't know how to manage it,
you're not gonna survive.
India,
large part of the economy
is family owned.
It's very skewed.
Few families and largest businesses.
They hire these various professionals,
and they manage them.
They are best in their allocation of capital.
Then then they can make numbers dance like
nobody else. Their their visions are very big.
And they get things done.
So their,
in America is most like more most of
the people are the
professional people. They went to harvard, ke, August
stanford,
learn those things in these schools,
their loan strategy. They went to Mckinsey, Bc
g Bain,
learn how to extract data, how to make
the kind of a key conclusions.
But that business savvy
business acumen
is a class by itself expertise.
Schools do not train
in business savvy,
in India,
and Iran,
in old Pakistan,
these are the people who have a gene
and
a cognition in them,
but I call business serving,
They don't use computers. They don't use calculators
escalators.
They could do their numbers in their head
and comfortable good conclusions.
They draw conclusions out of a ton of
data and see where the business needs to
go.
That's the big difference. So in India,
and China and Brazil,
there is no generation
that says I have to professional my company.
I build the company. I'm ready to retire,
help me get the professional people
or think like a businessman,
act as a manager
and draw all the best out of the
people as a leader.
Help me do that succession build for me.
And so I can go peacefully out of
here how to do that.
Here, in America, you got a 90 percent
plus
graduated
from various
universities.
There is a portion that is not graduated
at all, and they have now come through
the ranks
of the professional companies, and they get to
the top,
and then they carry out what they could...
What they are doing.
There was something Manila in in Microsoft.
He grew through,
Microsoft, went through the whole division thing.
But he's an Indian,
and really to know,
he has business savvy.
Unbelievable business savvy.
There you can see up. That's does. Yeah.
Which Has a business savvy.
And and and
in the family run business that's a long...
They take a longer term view. I know
dealing with family offices here from a raising
capital.
They take a much longer term view than
the venture capital funds.
Of course, because they don't have
the shareholders of venture capital people.
Yeah. They take a long for? And what...
So what would you tell a young person
of, And I agree with the business savvy.
What would you tell a young person to
do?
Maybe when they're in high school or college
or so How do you pick up business
Savvy? Is that something... If
is there
jobs you ought to be doing or things
should be doing?
Go and work can retail business,
learn
how business makes money?
You will get it or you won't get
it?
Retail business will tell you
all the fundamentals
of business savvy that are used in every
single business.
But you got to come to terms, Is
it natural for you?
Or is it not natural for you?
Just like there are people who are fantastic
surgeon natural.
But they are not going to be a
great golfers.
Everybody has its calling where they have a
natural.
Build what you natural go on it
you may even create a new job, new
kind of work, new kind of parts in
the future.
Don't worry about what you're gonna do.
You really
invest your time,
what's your god's gift,
practice it, build it, get experiences.
Now,
a few years ago, you wrote a book
and the name escapes me. But it was
all about growing people in an organization and
moving them around.
And giving them different experiences. Unfortunately, I had
that kind of experiences as you know at
American Hospital supply.
Yeah. I started up on the floor.
Yep.
But
I I would... I I would imagine you
would be... I mean, that still a playbook.
Right? Is to go and get as many
experiences you... I mean, business experience can come
not only from doing the retail part, but
learning other parts of the business, like,
the Ceo how Absolutely.
But you got a... As soon as you
can get to run
a profitable loss part of a business,
sooner you do sincerely, the better it is.
You don't have to be 30 years of
age to do that. People not at the
age of 10, which I did.
At the age of 18, 20,
go to a business, run it, see it,
get a feel for it.
Right. And to switch topics just a little
bit,
because you've written a lot about Tiktok. What
is the
What is the risk from all of our...
To us and into our country about Tiktok?
You've written a lot about that talked about
that. What... A little bit about Tiktok. That's
a hot topic.
It is a topic,
but Tiktok is a symbol.
The attack on the national securities much broader.
On China,
from their viewpoint, it's the greatest strategy to
achieve their goal.
The goal is explicit it very clearly.
They want a multi
or not a single the hydro money.
Over the United States. And they're succeeding. But
in doing that, you have Tiktok, all things
going on,
entering the economy.
So my argument is, look at the broader
picture
and then say, what China is doing?
What does it mean for you? Is it
good for you?
Is it not good for you?
Alright. Well, we're gonna come back.
And a few minutes to be back with
Ram S, you'll find all of our pas
shows show notes and links at metro ready
dot com. Subscribe to future shows while there.
And now, back to the mentors, where remarkable
Ceos
challenge your thinking about life and business.
Welcome back. This is Tom Warren. I'm with
Ram S, the world's most influential business adviser
to Ceo's, business unit managers and boards of
direct.
Let's
certainly don't wanna get off off the show
without talking about Ai,
machine learning,
Is it gonna replace everybody? I mean, how...
I mean, how do you see this evolving?
It's a yep an area also just getting
a lot of print? So
Let's take the 9 depart first.
Even this question was
supposed to bill gates and I was audience.
The truth is
it will replace
lot of clerical work,
replace
a lot of middle management,
the way it has been.
It will replace
lot of people who are doing service work
because it will be a part of robotics.
So there will be a replacement of the
existing jobs.
Make no mistake, it will happen.
It's gradual
because the people don't know how to use
it.
They're taking a lot of time.
What will happen
people as a matter has has done it
before
is to
learn new skills.
New jobs going to be structured.
New organization is structured is going to come
because most of the decisions will be database.
Database decisions, use machine learning data ai,
and they will be all trained,
they will be better jobs.
Middle management,
it still will be there,
but no more than 4 layers.
And their job is not relay of information.
Their job is not process
information.
That will be done by robotics by machine
learning.
By Ai platforms
by Ga,
they will be making decisions.
They will be carrying out some clear tasks.
They will be coaching people,
they will be enhancing the skills of the
people.
They will be visiting customers
themselves
and make decisions they did not make before.
So those kinds of things going to come,
it's not coming in AAA
tidal wave,
not likely to come in a tidal wave.
But we should confirm the reality.
Jobs will be eliminated.
Some people will be heard
largest
population in America is not Ceos.
It is middle managers.
It is analysts supporting to them.
These will be changed as people go from
10 layers to 4 layers
and their job is going to change.
So it's gonna happen.
What's gonna happen gradually.
This is Tom Laurie. You're listening to the
Mentor radio show today and with Ram sc.
So we're seeing that now
what would be your advice They gotta learn
new skills, but what is it that they
should learn? We're we're if... I I have
a very clear on.
A Ceo who refuses to learn
is a bad news.
Ceo and his team must go to work.
For a 1 full week program
to learn about machine learning,
what it is, what it can do
how has been applied, and learn how to
apply it in his organization.
More than that, how will it change selection
of people?
K the organization is structured and reward systems.
He, and his team should go with total
immersion.
Especially design program. Number 2,
the whole company
must go through dexterity and Ai program or
minimum 3 days.
And course available online how to do that.
It should be mandatory.
It should be certified.
It is the language of the word.
Everybody uses
today, Ai on the cell phone, time has
come to learn it.
Mh.
And you published something earlier this year
about other traits to guide you through 20
24, and you talked about strategic agility
And,
you know, you and I actually met
many years ago, all around strategy and strategic
planning.
What today, if I were... Well, I've, and
I've just sold my company. But if I
were running a company, what would you advise
me, how to approach
planning?
Strategic and operational planet it. Yeah. The key
key point
only is that
old way of doing the 5 year plan
is no good.
But
we know some things they can predict in
5 year basis.
And you must do that,
and that is the cost increases. Hidden cost
increases.
They are real they're are very predictive.
Now you work backwards towards your business model.
What are you going to do to deliver
shareholder value? What got to change?
How often it's going to change?
Where will be your
allocation of capital.
What will be your new products pipeline?
How will you change in case the market
changes for you?
So here is the real thinking
and not something on a piece of paper?
And second,
you're gonna do your budgets because budgets are
the reach cause of rigidity
that you can master them. And not take
3 months to make it and 3 months
to follow in. You're gonna have a way
of doing this thing in 2 days, 3
days to be able to order it all
those models are coming.
That will be happening there. The advice to
the Ceos is,
some things have narrowed chain and will not
change. Number 1.
Do you have the right team, right people
in the right place? This has never changed,
it will never change. If answer will change.
Many companies are this problem. Number 2.
Is are you doing the oldest stuff off
assigning clear accountability
and doing the right reviews?
That will not change.
Control function will be exercised by the l
relevance. It is the other things you're gonna
do by human beings.
Customer,
perception,
outside trends,
bringing those together, see how that going to
affect your business. And where are the new
opportunities
because 1 should never forget.
Ga a
machine learning algorithms
they are changing the landscape.
They're creating new industries.
They're altering the materials to a different industry.
Huge your new opportunities are coming.
You gotta create time
to ride the wave
find them, detect them.
Get the people who know how to think
these things through and decide what to experiment
and where to put your chips on.
So I had Alan Ba malawi on the
show earlier this year, and 1 of the
other traits you talk about, which Alan really
talks a great deal about is empathetic leadership
and getting people to work together.
What thoughts do you have on how to
do that? It's 1 thing to say you
need to do that, But what are your
thoughts on how to do that? I I
want to repeat how Ellen does it?
You see, you got the big words.
He is the worst best
team builder
and delivering the team to deliver.
He has the same
first decade cadence of his posting.
Every Thursday.
He built 777
without a hitch, every Thursday, a hundred 86
people. Together.
See jobs every Monday, 41 people together,
and they
are focused on
a particular
goal.
He's able to get the people to play
together like a basketball ball.
I don't know any other ceo who does
it. He's the 1 who saved forward by
doing that. So it's not just empathy.
It is playing together.
It is giving coaching. It is going penalty.
It is going to change your attitude. It
is going to say I will help my
team member. For the team's sake and actually
doing it in business.
So it is empathetic. Yes,
but it is playing together on your numbers.
On your resource
allocation
on to be able to say,
my... And Milani do that that we need
x money million for advertising.
And they have 24 people at the table.
Okay. How do we get it? Because if
we don't do the advertising, what will happen.
And they do it. Right there and then.
Best team playing. Yeah. He does a great
job. How do you do that? Total
information.
The code.
Touching your finger and say, no. We're gonna
behave.
Yeah.
We're gonna be right back with Ram S
for our last segment. Is Tom Lauren. This
is the Metro radio show.
And now back to the mentors where remarkable
Ceos
challenge your thinking about life and business.
Welcome back. This is Tom Lori. And today
I am with Ram S.
What
we only have the the last segment than
on a personal, what what really keeps you
motivated? You've always impressed... You've always been on
on the game. My what keeps you motivated
and passionate about your work?
Tom,
the truth is
that I'll do just about anything for learning.
Just about anything, including my own expense, I've
done many times.
Because
I know
without learning
be decline.
So that's what driving me.
Well, you told me that... And also,
curiosity. Right? Curiosity is a big part of
Well, that's the part of learning
that you meet anybody. You ask questions. You
learn
the other day, I was turning in the
train between
Philadelphia, and New York.
And I'm in coach class.
So I'm proud to find a seat.
So I find a seat in which another
gentleman sitting.
And so I say, hello to hear me
turns out You mean in India. Is totally
totally
considered.
He works for Google. He comes not too
far from my home.
But Learned a lot in about an hour
right with him.
About Google.
I love that.
Just by chance.
So learning
curiosity,
you learn through questions
You meet different people,
and you read a lot of books. You
write, writing forces you to lot to learn.
And my writing is always is with the
intent, the reader can use it.
Because I tried to solve people's problems.
You solve a problem. You got experience,
and he said, I feel good. I did
it.
What's next, where did I miss it?
Well,
I know you trained as a man as
an engineer as I did, and you're in
manufacturing.
Right. Right. And A Za, who I've introduced
you to in the past who's the chairman
of the Jacobs school of engineering at Uc
ucsf.
Yep. Asked me what I thought was the
great thing about engineering and I said it's
all about problem solving.
There you go.
Engineering. It's all about problem solving.
And every... When it's a marketing
could be any problem. Right?
Yeah. And and Tom, now you talk about
generating Ai,
it's going be beyond engineering now. It's mathematics.
You will see that big change.
It's mathematics.
I'm going to see lot word monsters in
mathematics.
The algorithm
creation
is mathematics is probability it's a statistics.
And we need engineers,
but now you're go to notch trial.
So you're gonna see fewer companies
going to succeed unit it, because of shortage
of talent.
We used to be great in mathematics.
You know, in the 19 40 area, 19
30 in England,
there used to be special of of mathematics.
People will try to do that. That's our
arguing thing.
That's all their whole thing came.
Now we have universities,
and the mathematics departments have not been celebrating.
Now you're gonna see that coming.
Well, III
was fortunate not that I took a lot
of math. I took math because you had
take math if you're an engineer, but I
did
take
probability and statistics as I, work my way
through, and I'll tell you just doing that
alone really gave me great insights on a
lot of things.
Absolutely. That's where it is.
Must lucky at Harvard in my second year
Mba.
Doctor Kennedy combined
advanced probably statistics. I lucky. Perfect paper.
Yep. Perfect.
I said, there it is. I had never
dream I will ever do that.
My point is the cognition got built.
It's not a perfect paper.
The cognition can be used anywhere so long
you apply to it.
So we got about 30 seconds left. Well,
you have any closing thoughts that you'd like
to leave real For younger people,
younger people
have self confidence of learning.
Take anything to learn.
Discover what's your god's gift,
polish it, enhance it, develop it, take all
the difficulties across it.
Because that is what is going to take
you forward.
If you learn daily,
experience new things.
It stay with your gas gift,
you will never regret it.
Well, I've been n around and playing with
Ai, and I think as a result of
this, I'm definitely gonna take person Ai.
Justin. Yep. Yep.
Everybody should.
By the way, I have a book digital
leader.
Anybody wants to read it this all it
out.
Alright. Well, I wanna thank you very much
for your time, Robinson. It's always a pleasure.
It's always provocative.
I've always enjoyed our time together that we've
had the work we've done over the years.
My god. 40 years. Thank you. Thank you.
Yep. Long time...
That's it till next week. At the same
time, Our guest today has been author speaker
in the world's most influential business
adviser Ram S.
Ram offers a free monthly
newsletter, and we'll... And he does a thing
on Linkedin that you can sign up for.
And we're posted it on our websites so
you can subscribe. And our website again as
the mentor radio dot com. The mentor radio
dot com. You can also find many of
rounds
tutorials and talks on Youtube. Thank you for
listening. We'll be back next weekend at this
time for the next edition of the Mentor
radio.
Until then, this is Tom Laurie signing off
for the today. Remember to be all you
can be and keep the candle lit. We're
all who struggle in the darkness.
It's been the mentors. Where remarkable Ceos
challenge your thinking about life and business.
To get more information about the program or
a sponsor to download a podcast of today's
show or to leave a question for our
host, go to the mentors radio dot com.
That's WWW
dot the mentor radio dot com.
The preceding program copyright Cb j Llc, all
rights reserved.