Sanjeev Loomba - What constitutes value?

Keywords

Resilience – Valuepreneurship – Productivity – Value – Perspective

In this episode of Resilience Unravelled, Dr Russell Thackeray talks to Sanjeev Loomba, a distinguished business leader and an expert in the field of Valuepreneurship™. Sanjeev has worked with leaders from major companies like Johnson & Johnson, Vodafone, Reckitt Benckiser, Cognizant and in this podcast he shares his background, starting as a junior auditor, his disillusionment with the way business was done and eventually of establishing his own company Real Potential. He also talks about his journey in industry as a finance director, marketing director, strategy director and CEO of different corporations across different countries and industries.

He also talks about his methodology valuepreneurship, which is about looking at the world differently and focusing on end impacts for customers or whoever they serve to drive productivity up. His book, The Ninth Gear, provides a method for implementing valuepreneurship and is divided into five sections with a focus on understanding what constitutes value. The first section focuses on establishing a culture and understanding value. The second section is about developing strategy for any profession or pursuit. In the third section, Loomba encourages readers to examine their mindset and become resilient leaders. The fourth section explores what it means to be a leader in today's world, while the fifth and final section addresses unifying people and building relationships. Sanjeev believes that his book can benefit anyone pursuing a professional career, from CEOs to small business owners, sportspeople or musicians etc.

Main topics

• the importance of perspective and context in understanding value, and how organisations can become too siloed
• the concept of valuepreneurship, where individuals prioritise making an impact on others over selling products or services
• the need for collaboration and calculating return on investment to show the value of decisions.

Timestamps

1: Introduction and greetings - 00:00-00:25

2: Sanjeev's Background and Approach - 00:41-02:08

3: Sanjeev's approach to looking at the world differently and finding hidden talents - 05:12-05:59

4: Sanjeev's example of helping a company re-strategise and think about the impact of their work - 06:12-09:45:

5: Sanjeev's ability to make discontinuous leaps and links between different subject areas - 10:10-13:18

6: The importance of perspective and context in developing resilience - 13:54-15:03

7: Overview of Sanjeev's book, The Ninth Gear - 24:36-30.50

8: Conclusion

Action items

• Read Sanjeev’s book The Ninth Gear
• Find out more about Sanjeev at valuepreneurship.com