How can a centuries-old selection process for a Pope teach us about modern corporate succession? In this episode, Shujaat Ahmad and Joselle Deocampo-Gautam reveal the surprising parallels between the Vatican's conclave and the often-unspoken rules of getting ahead in business.

We explore how to strategically position yourself for future opportunities, build a legacy that lasts, and navigate the emotional and operational challenges of leadership transitions.

Here's The Deal is your guide to understanding the toughest challenges in leadership, culture, and the future of work. Hosted by Shujaat Ahmad and Joselle Deocampo-Gautam.

#SuccessionPlanning #LeadershipDevelopment #CareerGrowth #Podcast #BusinessStrategy #HeresTheDeal

Audio time stamps: 

00:00 Introduction to Leadership and Succession Planning

02:51 The Importance of Succession Planning

04:49 Lessons from the Papal Conclave

06:49 Understanding Power Dynamics in Leadership

09:39 Status Quo vs. Change in Leadership

12:06 The Role of Tradition in Succession

14:01 Implications for Companies and Leaders

16:57 Navigating Succession as Immigrant Leaders

26:17 Understanding Succession Planning

33:21 The Importance of Followership

41:03 Navigating Succession as an Immigrant Leader

49:19 Frameworks for Leadership Success

In this different take on the "commencement speech for new grads", we ( your hosts Shujaat and Joselle) provide valuable insights and advice for new graduates entering the workforce. We do a live build for a framework on career crafting in a tough market. The discussion emphasizes the importance of understanding and leveraging different forms of capital—financial, knowledge, and network. We debunk the myth that working for smaller or less established companies limits learning opportunities. Observing the language and culture of a company, leveraging AI tools, networking, and continuously learning are highlighted as crucial strategies for career success. Additionally, we discuss the impact of graduating during economic uncertainty and suggest maintaining a proactive attitude towards learning and skill-building. We conclude by encouraging new graduates to create a digital presence, share authentic perspectives, and embrace the opportunities and challenges of the evolving job market.01:10 Today's Focus: Advice for New Graduates01:59 Impact of AI on Entry-Level Jobs02:39 Economic Uncertainty and Job Market Challenges08:30 Advice for New Grads with Job Offers14:27 Navigating the Workplace Culture24:01 Advice for New Grads Still Job Hunting26:58 Opportunities in the AI-Driven Market35:22 Navigating Career Changes36:27 Leveraging AI and Tech in Non-Tech Industries37:06 The Value of Diverse Early Career Experiences39:11 Creating a Learning Map for Career Success44:04 Become the Trend Yourself50:01 Live Build: Framework for Career Crafting in an Uncertain Market57:01 Strategy to Tactics: Owning your Digital Presence01:03:48 Final Thoughts and Encouragement

In this special episode, Shujaat and Joselle answer questions from the audience related to the evolving landscape of careers, particularly in the context of AI and digital transformation. They explore the importance of continuous learning, the immigrant perspective on career risks, and the necessity of building strong networks as well as life-long relationships. The discussion emphasizes the need for individuals to adapt to changes in the job market and to leverage their unique experiences and perspectives to thrive in a volatile environment.

Takeaways

• Careers are no longer linear; they require adaptability.
• AI is a tool, not a replacement for human skills.
• Emotional intelligence and leadership are irreplaceable.
• Networking is crucial for career advancement.
• The immigrant experience offers unique perspectives on risk.
• Continuous learning is essential in a fast-changing job market.
• Digital transformations often fail due to poor people leadership.
• Building relationships is key to career success.
• Understanding market trends can inform career decisions.
• Skilling is about staying relevant, not just reskilling.

Chapters

00:00 Intro

01:18 Question 1: How to stay ahead in a rapidly changing job market?

06:50 Assessing Career Assets in a Shifting Landscape

11:45 The Importance of Continuous Learning and Skilling

12:58 Question 2: What are our assets in this job market?

21:41 Question 3: How important is re-skilling?

31:00 Navigating Career Shifts and Learning Journeys

32:19 Question 4: The Role of AI in Reskilling

33:29 Human Leadership in an AI World

34:33 Is AI the answer to everything?

44:29 Question 5: The Immigrant Perspective on Career Risks

46:47 Strategies for Professional Relevance

52:46 Building Life-Changing Relationships

58:55 Outro

Keywords

career development, AI, job market, learning, immigrant perspective, networking, digital transformation, leadership, emotional intelligence, strategic foresight

In this episode, we discuss our top five predictions for the job market in 2025, focusing on the volatility of the labor market, the impact of AI, the return to office trends, the evolving corporate culture, and the rise of solopreneurs. We emphasize the importance of flexibility and adaptability in navigating these changes, encouraging listeners to embrace AI and continuous learning to thrive in the future of work.

Back in January 2025, we decided to record an episode on 2025 predictions to put our strategic foresight to paper. We recorded this in January to put our thinking to test on where the job market was headed. It was a way to wrap up the 1st Season of our podcast and publish it as our season wrap up episode in May for listeners to assess how these played out based on what they have experienced.

Takeaways

• The labor market will experience significant volatility by 2025.
• AI will create new job opportunities while displacing existing roles.
• Embracing AI is crucial for professionals to remain relevant.
• Flexibility in work arrangements will be key to attracting top talent.
• Corporate culture is shifting, with companies showing their true colors regarding DEI initiatives.
• The rise of solopreneurs will change the traditional employment landscape.
• Employees are increasingly seeking opportunities for wealth creation.
• Organizations must adapt to the demands of a hybrid workforce.
• Continuous learning and adaptation are essential in the age of AI.
• The future of work will be defined by those who leverage technology effectively.

Chapters

00:00 Introduction to Predictions for the Job Market

01:16 Prediction #1: Volatile Labor Market and AI's Role

05:42 Prediction #2: The Rise of AI Agents

11:31 Prediction #3: Return to Office Trends

15:56 Prediction #4: True Colors of Companies on DEI

20:44 Prediction #5: The Rise of Solopreneurs

job market, predictions, AI, return to office, corporate culture, solopreneurs, leadership, future of work, flexibility, talent acquisition

In this episode, Joselle and Shujaat delve into the complexities of performance management, exploring the illusions that often cloud the process. Drawing parallels with the movie 'The Prestige', they discuss how performance reviews can create a façade of fairness while masking deeper issues. The conversation highlights the importance of understanding the hidden dynamics of calibration meetings, the significance of transparency and trust, and strategies for both employees and leaders to navigate the performance management landscape effectively.

Key Takeaways:

• Performance management often feels like a political game.
• Calibration meetings can obscure the true evaluation process.
• The illusion of fairness can lead to distrust among employees.
• Understanding the 'pledge, turn, and prestige' framework is crucial.
• Transparency in performance management processes is essential.
• Employees should actively engage in understanding the evaluation criteria.
• Building a network of support can enhance performance evaluations.
• Trust between managers and employees is foundational for effective performance management.
• Economic factors can significantly impact performance ratings and bonuses.
• Leaders must foster a culture of trust and transparency in their teams.

Chapters

00:00 Introduction to Performance Management Illusions

02:54 The Prestige: Analogy for Performance Management

06:03 The Illusion of Fairness in Calibration Meetings

08:31 Understanding the Game: Pledge, Turn, and Prestige

11:43 The Players in the Calibration Game

14:13 Strategies for Navigating Performance Management

16:44 Transparency and Trust in Performance Ratings

19:37 The Distinction Between Performance and Compensation

28:06 Exploring the Spectrum of Performance Management

30:56 The Importance of Transparency in Evaluations

33:40 Navigating the Politics of Performance Management

36:54 Strategies for Success in Performance Evaluations

40:41 Redesigning the Calibration Process

49:57 Building Trust and Transparency in Leadership

Keywords

performance management, leadership, employee engagement, calibration meetings, trust, transparency, organizational culture, workplace politics, talent management, business outcomes

Summary

In this episode, Joselle and Shujaat delve into the complex topic of layoffs, breaking down the deal on the anatomy of layoffs. They walk through the financial number, the game, and the systems that drive layoffs. They discuss the emotional toll on employees, and the critical role of leadership and communication. They discuss the importance of transparency, the need for individuals to prepare for potential layoffs, and the broader implications for workplace culture and the future of work. 

Takeaways

Chapters

00:00 Intro: Understanding the Landscape of Layoffs

02:43 The Anatomy of Layoffs

05:28 Layoffs Context: The Secret Number That Rules Them All

09:12 Why Companies Get Layoffs Wrong

10:51 The Freakonomics at Play: Executive Compensation

12:54 Part 2: The Inhuman Game of BS Justifications

15:12 The Emotional Toll on the Entire Organization

18:16 Survivor Guilt

19:25 Part3: The People Systems Not Built to Run Layoffs

22:07 Understanding Company Signals and Preparing for Change

30:06 Empowering Individuals: Control in Uncertain Times

32:04 Leadership During Layoffs: Transparency and Vulnerability

37:27 The Human Element in Corporate Decisions

Keywords

layoffs, leadership, workplace culture, emotional impact, communication, future of work, job security, employee engagement, corporate strategy, workforce management

In this episode, Shujaat and Joselle explore the complexities of career transitions, sharing personal stories and insights on navigating change. They discuss the importance of understanding the difference between change and transition, the non-linear nature of career paths, and the significance of listening to one's inner voice. The conversation offers a 5 step playbook for managing transitions effectively, along with personal stories on putting it to practice.

Key Takeaways

• Career transitions are a common, ongoing process.
• Listening to inner signals is crucial for meaningful transitions.
• Embracing discomfort can lead to personal growth.
• Change is often unexpected; preparation is key.
• Step 1: Take stock of your identity.
• Step 2: Assess your financial runway.
• Step 3: Experiment in your current role so you can job craft and life craft for future
• Step 4: Become an Olympic learner
• Step 5: Be known for something
• Expect change as a constant in life.
• Play your game, not others!

Chapters

00:00 Introduction to Career Transitions

00:19 Intro

01:58 The State of Career Transitions. Why It's Important

05:00 Personal Stories of Transition

08:53 The Non Linear Journey of Transitions

11:01 Being Comfortable with Discomfort for Growth

12:16 The Disconnect of the Heart and Mind.

14:34 S-Curve of Navigating Personal Changes

16:18 Most Surprising in Career Transitions

17:01 Surprise 1: Funding your Ikigai with F You Money

19:23 Surprise 2: Understanding Change vs. Transition

21:06 Embracing "Being Lost" Crucial Phase of Transitions

25:11 The Role of Taking Comfort in Discomfort for Growth

26:33 Leadership Change is a Norm; Most are Surprised.

30:38 The Playbook for Transitions

32:37 Step1: Defining Your Present and Future Identity

38:33 Step 2: Planning Your Financial Runway

39:38 Step 3: Job and Life Crafting with Experimentation

42:26 Step 4: Become an Olympic Learner

43:15 Step 5: Be Known for Something

46:07 Putting In Practice: You Are A Product of Multiple Transitions

53:49 Play Your Game, Not Others!

55:31 Recap and Final Thoughts

Keywords

career transitions, leadership, personal growth, change management, professional development, identity, financial wellbeing, job crafting, Olympic learning, meaningful life

Please see detailed show notes at the end.

Summary

In this episode, Joselle and Shujaat discuss the criticality of innovation amidst economic volatility, and how to lead it during such uncertain times. They explore three key strategies for leaders:

The conversation emphasizes the importance of leadership in fostering a culture of innovation and the need to challenge common myths about leadership and decision-making. Through practical examples and insights, they provide actionable advice for leaders looking to drive meaningful change in their organizations.

Key Takeaways

Chapters

00:00 Introduction

01:56 Topic: Innovation Amid Economic Volatility

08:25 Chapter 1: Dream Big, Start Small

16:23 Chapter 2: Think Like a Scientist

28:55 Chapter 3: Crowdsourcing Innovation

38:22 Chapter 4: Creating a Culture of Innovation

44:37 Chapter 5: Practical Application in Team Meetings

References Discussed

Keywords

innovation, economic volatility, leadership strategies, crowdsourcing, experimentation, business transformation, digital transformation, purposeful leadership, career development, organizational culture

June brings in the season for commencement speeches with advice for graduating classes. However, we feel this year a commencement speech is required for leaders! This episode is our take on this speech for leaders.

This special class went through unprecedented times in history during their years in college/university. They began their journey at the onset of the COVID-19 pandemic in 2020. They are entering the world of work in a disarray where their expectations from leaders conflict with expectations of leaders from them. The trust deficit between leaders and junior talent already is an epidemic. Gallup indicates we are at a 11 year low in engagement and rise in disengagement. CEO’s indicate managing this mismatch of expectations as their biggest challenge. 

In this episode, we discuss

• What’s the deal with the class of 2024 and why leaders need to pay attention to stay relevant for the future

• What are insights for leaders from our personal career journeys that also started when the world was full of disarray.

• What’s the strategic approach that will help today’s leaders and tomorrow’s new leaders to thrive

• We recap with our top books recommendations for leaders and for the class of 2024 entering the workforce

Tune in for practical advice, actionable steps, and thought-provoking discussions that will empower you to lead with authenticity and empathy. Don’t miss this chance to elevate your leadership game and navigate the ever-evolving business landscape with confidence.

Welcome to the first episode of Here's the Deal, where hosts Joselle Deocampo-Gautam and Shujaat Ahmad unravel the mysteries of AI. We discuss how the role of leadership evolves in response to the transformative changes brought by AI. We discuss what leaders need to do to embrace the impact on their businesses, organizations, careers, and purposeful living.

Using Shujaat's expertise in culture change and the future of work, and Joselle's expertise in economics and innovation strategy, we explore the far-reaching implications of AI in reshaping organizations to drive business and societal value. Discover how AI is not just a tool for tech experts but a new team member with transformative force influencing everyone from Fortune 100 leaders to Formula One enthusiasts.

Tune in now to unlock the secrets of success in an AI-driven world!