2855: Navigating Uncertainty: The Mu Sigma Way
Tech Talks DailyApril 06, 2024
2855
41:4323.22 MB

2855: Navigating Uncertainty: The Mu Sigma Way

In a world where the pace of change is accelerating and the volume of data is overwhelming, how can businesses stay ahead and make informed decisions? This episode of the Tech Talks Daily Podcast features an insightful conversation with Dhiraj Rajaram, the visionary founder of Mu Sigma, a decision sciences company that has redefined problem-solving and decision-making for Fortune 500 companies.

Dhiraj Rajaram, with his groundbreaking approach, emphasizes the importance of understanding interactions over individual entities and advocates for a learning-focused mindset in navigating today's complex environments.

With over 15,000 employees, Mu Sigma has become India's first unicorn startup under Rajaram's leadership, blending youthful energy with purpose and experience to tackle complex challenges.

This episode dives into the unique problem-solving framework that Mu Sigma employs, emphasizing nonlinear thinking and the construction of "signal engines" and "inquiry engines" to extract insights and pose the right questions. Dhiraj shares examples of how this approach has been applied in various industries, from pharmaceuticals to retail, to develop AI solutions that are at the intersection of technology and practical business use.

Dhiraj's core message of valuing adaptability over predictability and his recommendation to embrace the principles outlined in Nassim Taleb's "Antifragile" offers a fresh perspective on preparing for the future.

We explore how the art of problem-solving not only accelerates decision-making but also enables organizations to scale and adapt swiftly in an uncertain world.

The conversation also sheds light on the common pitfalls of rushing technology development without a deep understanding of the problems it intends to solve, underscoring the importance of a solid framework for decision-making within organizations.

Join us as Dhiraj Rajaram shares his journey from a management consultant to founding Mu Sigma, his insights from past talks and podcasts, and the accolades that have recognized his innovative contributions to the industry.

This episode is a must-listen for anyone interested in the intersection of data science, decision-making, and the continuous evolution of technology in business.

[00:00:00] Have you ever wondered how the world's biggest companies make decisions in an era where the

[00:00:07] only constant is change?

[00:00:09] Well today we're going to pull back the curtain on the art of science and decision making.

[00:00:16] With today's guest, Dharaj Rajaram, and he's the visionary founder of Mu Sigma, the first

[00:00:21] unicorn startup from India that is revolutionising how Fortune 500 companies solve complex problems.

[00:00:29] And my guest's journey is not just about building a successful company, it's about fostering

[00:00:34] a culture where learning trumps knowing.

[00:00:38] And problem solving is all about understanding the intricate dance of interactions.

[00:00:44] So the big question is, how does a company like Mu Sigma stay ahead in this fast paced world

[00:00:50] of technology and big data?

[00:00:52] And what can we all learn from their approach to navigate in the unknowns of the future?

[00:00:58] Now before I get today's guest on, quick shout out to the sponsors of Tech Talks Daily because

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[00:01:43] But now let's get today's guest on.

[00:01:46] Well buckle up and hold on tight because no matter where you're listening in the

[00:01:49] world I'm going to beam your ears all the way to India where we're going to

[00:01:53] delve into all these questions and many more as we attempt to uncover the principles and

[00:01:59] practices that drive innovation at the intersection of business and technology.

[00:02:07] So hey Basu, well welcome to the show, Dharaj.

[00:02:10] Can you tell everyone listening a little about who you are and what you do?

[00:02:14] Yeah. Hey, I'm Dheeraj. I'm the founder of Musigma.

[00:02:17] We happen to be a decision sciences company which helps large Fortune 500 companies

[00:02:27] change the way they think about problem solving and use digital technologies,

[00:02:34] anything to do with data, analytics, predictive modeling, AI, all the good stuff

[00:02:41] to change the way they operate. We work with 140 Fortune 500 clients over

[00:02:52] more than 10 different industries. We also happen to be India's first unicorn

[00:02:57] and we've had a good run over the last two decades. More than 15,000 people have been

[00:03:07] trained inside Musigma on data science and what we think of it, we like to call it decision sciences

[00:03:15] because it's about the decision that matters. Well, there were so many reasons I was excited

[00:03:19] to get you on the podcast today. Yes, an Indian unicorn but also the fact that you've

[00:03:24] pioneered the distinctive approach in the analytics industry particularly with the

[00:03:28] art of problem solving. So to set the scene for our conversation today,

[00:03:32] could you just explain the essence of this framework and how it empowers organizations to

[00:03:37] ultimately enhance their decision making processes? See, anything in life starts off as art because

[00:03:46] is a means out of expression. And when it becomes explainable, it becomes science

[00:03:54] and when it becomes to make it scalable, you have to make it engineering. So things

[00:03:58] evolve that way, art to science and science to engineering. We learned through our interactions

[00:04:06] with many of the large Fortune 500 companies is we saw certain patterns. One was these

[00:04:14] organizations were going from a bigger is better world to a faster is better world.

[00:04:21] They are going from a world of economies of competing on economies of scale to competing

[00:04:26] on economies of speed. They are going from building products and services to building

[00:04:32] experiences. So all these things meant for them to see the real look at the way they were viewing

[00:04:43] problem solving. The big insight we had was that problem solving in the past was

[00:04:54] governed by the foundational principle was very engineering oriented, very linear thinking

[00:05:05] oriented in a world which was far more certain than today. The problem solving in the future

[00:05:15] which is now I would say in a world filled with uncertainty is extremely nonlinear and you have

[00:05:25] to think of problem solving as interactions a lot more. Your world if you are a large Fortune

[00:05:32] 500 company is not one or two big problems but many, many small problems that are constantly

[00:05:37] interacting with each other. So the ability to see your work as network becomes extremely

[00:05:45] important all work is network and the ability to you know mine the interactions for example

[00:05:54] if you are hydrogen and I am oxygen the interaction between us could create water

[00:06:00] and that's wonderful if it creates water but it could also create hydrogen peroxide

[00:06:04] that's extremely poisonous. So the quality of interactions become more important than the individual

[00:06:11] entity in today's world and imagine a world where technology is making everything more and more

[00:06:19] and more connected, more and more and more complex so you'll have to figure out a way

[00:06:27] to see problem solving as interactions as quickly as possible so that's what we do.

[00:06:33] And also I think the pace of technological change at the moment means scaling decision-making

[00:06:38] capabilities is crucial for every organization in every sector especially when they're aiming to

[00:06:45] to stay agile in this fast-paced environment. So just to bring to life what we're talking

[00:06:49] about here how does the art of problem solving how does that facilitate that scalability and

[00:06:54] speed and decision-making within or maybe some of those organizations that you're working with?

[00:07:00] Sure see what we find is technology quotient of an organization

[00:07:12] can only become lower and lower and lower that's a natural law.

[00:07:18] What do I mean by technology quotient? The technology that you understand

[00:07:22] divided by the total technology in a world where your denominator is exponentially

[00:07:28] increasing relative to your numerator the ratio is only getting lower and lower and lower.

[00:07:35] So you have to prepare for a world which is going to

[00:07:45] where your ability to learn new technologies is what is going to help you do well.

[00:07:52] How quickly, how much of what's the not it's not what your knowledge quotient is

[00:07:56] but what your learning quotient is. So learning is going to become far more important than knowing

[00:08:04] and in such a world you cannot wait for for every technology you cannot wait for that expert

[00:08:10] in that technology inside your organization you have to try to experiment and become the expert

[00:08:16] or semi-expert as quickly as possible and keep moving you know I call it you know dynamic

[00:08:23] stable structures what do I mean by that if you're a if you're cycling you are more stable

[00:08:30] when you're dynamic the if your cycle is still it's hard to balance it you know so that's the

[00:08:37] perspective that I would keep and in such a world interaction property is going to become far

[00:08:42] far more important than anything else. So you know what I see in large organizations

[00:08:50] is that on one hand their business complexity is increasing on the other hand

[00:08:58] their ability to learn new technologies is decreasing and the up first case the

[00:09:07] up first case of everything inside the organization the speckled classification

[00:09:11] of the organization happens because of unaddressed complexity.

[00:09:15] So if you're an organization you are supposed to operationalize and make ideas real that's your

[00:09:25] business that's what you're supposed to do. Yeah how do you what does that mean well that means

[00:09:31] there's a journey of a concept it goes from an idea in somebody's head as content to

[00:09:38] conversations between people to go it going into the compute environment and from there

[00:09:46] it being consumed by business and then it commercialized. So that's the journey now the first thing

[00:09:52] that happens because of unaddressed complexity is that there's a lack of transparency of all of

[00:09:57] the content. The second thing is that there's a lack of persistence in conversations you have

[00:10:04] the first conversation then in the second conversation one of the important people are missing.

[00:10:10] Third conversation the right data is not there so something or the other makes them

[00:10:19] you know and delay the process and because of all of this the cumulativeness of the work

[00:10:28] is missing and they land up doing anecdotal project to project work and not programmatic

[00:10:35] in their approach to work. In effect what the how they feel is if you pardon my French

[00:10:40] their get shit done go shit this low right this is what we are trying to address. How do you have

[00:10:46] a better get shit done go shit and you know and how do you see the world of problems

[00:10:55] as connected and how do you maintain the persistence of the work and the cumulativeness of that work

[00:11:05] and for that to happen you need better structure and that structure or design I like the word design

[00:11:13] better than structure that design you know you have to bring the machine and the machine has two

[00:11:20] parts it has a design and an information flow you know the design must you know enable you to

[00:11:30] A do things do more things with less people B do more things faster C do more things in a sustainable

[00:11:41] manner and D do things that you have not been asked. In other words you have to be a little

[00:11:50] innovative you cannot be waiting for the solution consumers or the business to tell you what they

[00:11:56] want you have to be ahead of the curve and that's when you're innovative right. So these four things

[00:12:01] your design has to deliver you know for for the organization and for that you need

[00:12:10] you need two things you need a quick way to build what I would call signal engines

[00:12:16] where you take all of this data remove the noise come up with signals and give answers now it can be

[00:12:23] as simple as a dashboard or a report or it can be asked you know sophisticated as a

[00:12:28] predictive model and an AI engine but whatever it is it is about a signal engine that's one

[00:12:34] part of it the second part of it is how do you ask good questions good prompts you know

[00:12:40] and that's the inquiry engine so what we do in our a OPS out of problem solving system

[00:12:49] is build a combination of build a structure that creates a kitchen which has good signal engines

[00:12:57] and inquiry engines build that machine inside everybody is interested about making new kinds

[00:13:04] of food what we believe is that they need to build a new kind of kitchen before they can make

[00:13:09] new kind of food so we're trying to build that kitchen for them so which can be sustainable for

[00:13:14] them in making all these new kinds of food that they want I love how you're able to just cut through

[00:13:20] the BS there as you said it's all about getting shit done sometimes and another thing that attracted

[00:13:25] me to you or wanted to get you on here is you also place a very strong emphasis on analyzing

[00:13:30] the problem space by considering both the internal and external data sources and I love that it

[00:13:36] seems a great move away from binary thinking so can you just discuss the importance of taking that

[00:13:42] holistic view and also again when it comes to getting stuff done how it aids organizations in crafting

[00:13:49] more effective solutions because that's the destination they need to get to right yeah I think

[00:13:54] the reality of the world that we live in today is that no one organization has the monopoly

[00:14:02] and so to make a good decision you need to get to the highest version of the truth that you can

[00:14:12] in the lowest possible amount of time right now it and that's an optimization at some point

[00:14:19] between the big P of truth and the small d of time now when you see that way

[00:14:25] uh what we are gonna what we want to see is that these large you know organizations they have to

[00:14:36] look at sources of truth being of three kinds data that they have inside the organization data

[00:14:43] that they could get from outside the organization and last but not the least data that they can

[00:14:47] create data that doesn't even exist today so your ability to come up with you know

[00:14:54] the truth from all these three types of data is going to become very very important but for that

[00:14:59] you need a machine that is ready for taking all of that you know if your machine is not ready for

[00:15:05] taking all of that if your kitchen is not built for that then you can't make you can't

[00:15:10] you can't have the results that you want and the tech industry often witnesses that development

[00:15:16] of solutions and before but they do that before a thorough understanding of the underlying

[00:15:21] problems and we've seen a lot of that with the obsession with AI at the moment with so many

[00:15:27] just wanting to be part of the AI narrative without understanding what problem they want to solve so

[00:15:32] in your experience what are the pitfalls of that approach and how do you move

[00:15:36] signal with your methodology how do you address these issues by by getting back to focusing

[00:15:41] on the problem I don't think there's a deep state in technology which is creating a

[00:15:46] conspiracy or anything like that but yeah but I but I signed it funny that every three years

[00:15:55] we have a new word for the word technology yeah so initially we called it you know software as

[00:16:05] servers then we called it analytics and advanced analytics and then big data and machine learning

[00:16:11] and now AI yeah right so we seem to there's always a you know a new actor in town who's

[00:16:19] who's the most important thing so you we find that quite you know we had we've been through many

[00:16:24] of those things right now so I'm I mean I'm not I'm not undermining you know the advancements

[00:16:33] in technology here but what I find is that the I think what we have is a lot of technology in

[00:16:43] search of use cases there is there is scarcity in use cases and abundance of technology so

[00:16:53] so you have a lot of hammers who are looking at everything and saying that's a male that's a

[00:16:58] male that's what I say and and business is not sure about what they want to do but they're very

[00:17:09] sure that they have to have the word AI in it so that's a very dangerous situation to be in if I

[00:17:16] were a CIO or a CTO you know I would I would I would make sure that there is a systematic

[00:17:26] process to emphasize on the use case because he or she is hearing a lot from these technology

[00:17:37] companies operate with amazing marketing budgets and amazing P ratios where they can invest so much

[00:17:48] into filling your ears with buzzwords yeah so your ability to create you know a noise

[00:17:58] canceling filter which has an orientation towards use cases is going to become very very important

[00:18:08] so I feel you know that's something I think the really smart CIOs and CTOs will figure out

[00:18:15] a way to cut through the noise and and and put more of an emphasis on use cases and realize that

[00:18:25] impact happens at the use case which means the business problem interacts with the technology

[00:18:34] solution and it's at the point of interaction the music is made at the point of that interaction

[00:18:41] the clap happens you know at the point of interaction and if that if those two hands don't

[00:18:48] meet well you don't have that clap it's an emergent feature so that's going to be the differentiating

[00:18:55] factor of for success of the CIOs of the future and the CTOs of the future who are going to be

[00:19:01] prepared for a world of algorithms now you're talking my language I absolutely love that

[00:19:06] and that's one of the reasons another reason I was excited to get you on here is because

[00:19:10] you've been instrumental in building real AI solutions across various sectors that solve real

[00:19:16] problems so can you share a few standout examples where your team has been able to leverage AI

[00:19:22] to solve some of them complex business challenges because we've all heard the word AI everywhere

[00:19:28] we look but a lot of businesses are like yeah but what we're solving here what we're making

[00:19:32] better so do you have any examples you could share just to bring this to light many examples

[00:19:37] and you know we're working with large pharma companies on their you know r&d ecosystem

[00:19:46] on their drug development ecosystem we're working with cpg and retail companies on revenue management

[00:19:52] until you know in their sales and marketing area yes all of these one common theme among all

[00:20:00] of these problem spaces across pharma cpg technology media and telecom industrial you know

[00:20:10] oil and gas companies all of these things is the fact that these are complex environments

[00:20:17] where many many things are happening inside the organization and no one part of the organization

[00:20:24] is seeing the whole picture so the so so so that's that's the common theme among all of these companies

[00:20:34] you know and what we what what we do I mean I can give you multiple examples you know but I have to be

[00:20:41] you know I cannot name those customers but yeah having said that I could look for large oil and

[00:20:47] gas company wants to improve its ability to to it's improve its effectiveness in how they are

[00:20:57] how their wells work now that's a very complex problem and that has to be thought of as an entire

[00:21:04] program in anti-health them with that a large financial services company is looking to put

[00:21:15] an anomaly detection platform to understand how quickly they can respond

[00:21:21] to back things that can happen in their request you know a retailer wants to be able to real time

[00:21:32] look at videos inside a store and make decisions around you know story out and see

[00:21:43] how they can learn from video data of how people are behaving inside the stores rather than you know

[00:21:51] you know most just transaction data that comes in you know as sales and marketing and all of sales

[00:21:58] and so on and so forth so I think the the the ability to make all of these decisions

[00:22:07] needs a level of sophistication that needs to be built and technology is going from building

[00:22:16] execution systems to exploration systems execution systems were about making things happen okay I have

[00:22:24] a process in place I want to make things happen exploration systems are hey I have a

[00:22:29] process in place but is there a different process that could help you know help me do things better

[00:22:35] so I'm asking very different set of questions and I'm far more inquisitive in exploration systems

[00:22:42] related to execution systems for example SAP enables CENERP software that enables execution

[00:22:49] well large extent inside an organization but the kind of things we do in large fortune-finered

[00:22:55] companies is hey you know being their business research lab in thinking about hey what are the

[00:23:04] various possibilities where they could take their business and how should they be asking questions

[00:23:10] and to some extent one measure of what we do for large companies is improving their curiosity

[00:23:17] question in other words can we reduce cost per question in the organization can they ask more

[00:23:23] questions at lesser cost and cost meaning not just the money but also the time you know can

[00:23:29] they do it faster so that perspective is how we think about it and we are pretty much helping you

[00:23:35] know uh business and technology improve their interactions that they can have with each other

[00:23:41] to make all of this happen as you said a few moments ago we've all been on somewhat of a journey

[00:23:46] seemed like every few years as a different share of flint town the next big thing remember the

[00:23:51] metaverse a few years ago if you remember that which seems to have fallen out of favor now

[00:23:56] given your background in management consulting and the establishment of move sigma as a category

[00:24:02] defaulting firm you've seen a lot of things you've seen a lot of changes but what key lessons have

[00:24:07] you learned about driving innovation driving value through data analytics has that much change

[00:24:13] when you are doing those things or do you still keep to those core principles what have you learned

[00:24:18] the core values with which we operate uh you know we've been able to uh

[00:24:26] that they have remained constant for us and which is learning is more than knowing experimentation

[00:24:32] is more important than experts don't keep any secrets interaction properties are more important

[00:24:37] than intellectual property share share share be generous right because the economic rent associated

[00:24:46] with any idea the time you have to make to have to to make money out of the idea is becoming smaller

[00:24:53] and smaller and smaller there's no way you can keep secrets in a super connected hyper connected

[00:24:58] world so it's better to accept that reality and and and constantly be making uh making things happen

[00:25:07] for for for uh all stakeholders and so on so that's the core philosophy that's not changed

[00:25:13] but having said that because learning is more important than knowing that on a day-to-day basis

[00:25:21] you know the tools that you would be use are changing faster and faster and faster the uh

[00:25:28] you know the the methods that we are doing things are also changing faster the number of

[00:25:33] new things that are new actors who are coming in initially it used to be about just technology

[00:25:39] and business then math came in then behavioral uh finance and behavioral economics came in and

[00:25:46] then design thinking came in so now you have uh concepts from other industries coming in so the

[00:25:53] the number of players number of who come in into the game is increasing uh which means that you

[00:26:01] have to accommodate newer ways of thinking uh and be a little bit more flexible than before

[00:26:08] and and most organizations you know get stuck in their ways uh very very quickly and the the

[00:26:17] the ability to get unstuck is is hard and especially if you're bigger it's the problem is exacerbated

[00:26:24] even more I'm glad you mentioned there uh some of the companies getting stuck in their ways

[00:26:29] because when i was doing a little research on movesink you know one of one of the things

[00:26:33] that really really stood out for me is how you're renowned for having a vibrant youthful

[00:26:38] workforce with a significant portion of your employees being trained through the movesigma

[00:26:43] university so can you tell me more about this and how this unique educational approach ultimately

[00:26:49] contributes to your company's success and innovation capacity it feels incredibly refreshing

[00:26:56] sure sure see um you know be made to you that uh you know the wisdom of an age has to be

[00:27:05] complimented complimented uh with a lot of energy that young people bring to the table

[00:27:12] um you know that's that's that's how we we make something good happen um but we also understood

[00:27:19] the fact that the kind of talent we need in this new world you know the the preparatory

[00:27:26] environments in the world the colleges are not making those kind of peak um we realized

[00:27:34] therefore then building talent was going to be important for the category not just the company

[00:27:40] but for the category so um so we kind of had to take that as natural responsibility as the

[00:27:47] category building company to build talent um and uh so the first thing that we did was

[00:27:55] we kind of saw this as an opportunity to lead the way and uh we basically had a

[00:28:05] solid recruiting program in place where we checked for both left brain and right brain

[00:28:12] thinking so we would have an aptitude test and then we would put them through a group discussion

[00:28:18] where they are uh encouraged to take opposite points of views and dialogue and debate and all

[00:28:24] of those things we then get them to do a video synthesis test which is they look at a video

[00:28:30] of seven to ten minutes and they have to write down uh the synthesis of it in a small piece

[00:28:37] of paper which is a little bit bigger than your business card and last but not the least

[00:28:41] a fit interview which checks mostly for growth mindset and curiosity once we recruit these kind of people

[00:28:50] uh we put them through a training ecosystem which starts with the basics of structured thinking

[00:28:57] and design thinking and storyboarding and communication with clarity uh through uh the

[00:29:04] core of hard skills be it programming applied math uh statistics econometrics operations research

[00:29:12] you know uh ai all of those kind of things and the last thing we do is how do you land the plane

[00:29:20] you know on uh on the ship because it's it's it's not like you're landing the plane on an

[00:29:28] infinite you know runway you have a ship and you have to be able to land the plane on a

[00:29:32] business use case so the ability to be practical uh and not get carried away by just the passion

[00:29:41] for technology is going to be important so that that means the purpose you know has to interact

[00:29:47] with the passion the passion of the practitioner has to interact with the purpose of a person who

[00:29:55] wants outcomes and business thinking so those two things have to you have to have an harmony

[00:30:02] operator between the passion and purpose and getting that put in place you know as a culture

[00:30:09] means that you have to build systems in place that uh allow the input to output journey to interact

[00:30:16] well with the output to outcome journey so this this ability to have good harmony between these

[00:30:23] two journeys is going to become very very important and so we build systems in place

[00:30:27] the machine that we build was an interaction between people rossesies and platforms so we

[00:30:33] built a lot of software for our people think of it as an iron man suit you know so we didn't say oh

[00:30:40] I need this special person we said yeah yeah we need good people but we'll also give you an iron

[00:30:45] man suit and so you you you know and if you just have the iron man suit it's just a piece of

[00:30:52] metal and if you just have a you know a good-licking guy with a french beard he's just Tony Stark he's

[00:30:58] not an iron man yet so you want the interaction to actually happen so that's what we did and that

[00:31:04] enabled us um to pretty much put about 15 000 people through this um uh learning process

[00:31:14] another insight we had was that people do their best work when they are in their learning curve

[00:31:20] they feel sense of adrenaline at a very very different level they have a lot of gratitude for

[00:31:26] the problem space when they are learning um you know uh what happens post learning is that they

[00:31:32] become full of themselves and they don't have as much of a gratitude for the problem space and

[00:31:36] that comes in the way of doing doing things uh you know as good as you can and you will see this

[00:31:44] in many of the artists the best work they would have done the best songs they would have

[00:31:49] written would have been in their initial years um and there's a reason for that I think I believe

[00:31:54] it comes from the growth mindset perspective and having gratitude for the opportunity at hand so

[00:32:01] we kind of put all of these things together and built a business model uh with you know training

[00:32:10] and as a core part of it many of our customers now encourage us to build decision decision

[00:32:17] scientists in their environments and we've become uh you know we've taken our learning ecosystems into

[00:32:24] their uh into their into their world also and we are finding that to be a you know a big differentiator

[00:32:33] I'll give you one data point there are about 15 000 people who have gone through this program

[00:32:38] um and you know there are 10 consumer internet unicorns in India and the head of analytics

[00:32:44] and decision sciences and AI for all of them you know is is an ex view segment uh so the so you

[00:32:51] will find that um the the the alumni ecosystem of view sigma is very very strong uh and and that

[00:33:01] that makes a big difference for us he really does it's absolutely inspirational to hear and then

[00:33:07] your passion for this too also comes across and obviously as we look towards the future it gets

[00:33:13] harder and harder to predict what the future will look like because it seems to be moving a

[00:33:19] break next speed right now the pace of technological change but i'm curious from your vantage point

[00:33:24] here how do you see the landscape of business intelligence and decision sciences how do you

[00:33:30] see them evolving and what role do you see you guys playing shaping that future and are there any

[00:33:35] emerging trends or technologies that you're particularly excited about maybe it's the next

[00:33:40] hour if it's going to be coming into town in the future but is there anything that excites you at the

[00:33:44] moment i i've taken a very philosophical perspective towards this yeah and you know my philosophy

[00:33:51] is that jack knows jack shit i think the the world of unknown uh you know the world of unknown

[00:33:58] is only going to get increased that's a law of physics yeah you know and it's um and having

[00:34:06] a realistic perspective towards that will we're encouraged need to not be so

[00:34:12] say that this is the landscape that's going to be there uh i had ability to my intention

[00:34:20] is not to predict and uh be surrender to the fact that the world is going to be unpredictable

[00:34:30] uh and i surrender to that kind of i'm at peace with the systems that you can put in place

[00:34:38] to to the to the perspective that there's going to be a multiplicity of technologies

[00:34:43] there's a multiplicity of business models a multi multiplicity of algorithms uh you know

[00:34:52] and in that world you have to quickly figure out ways to uh curate uh you know things very quickly

[00:35:04] and combine things very quickly to achieve business outcomes for business stakeholders

[00:35:13] and that's a very practical perspective and probably more i see more authentic

[00:35:19] than uh saying that uh ai is the next best thing and i'm going to do everything about it's going

[00:35:25] to be about ai and uh you know i feel it's uh that's uh you know so many of our many of the

[00:35:32] companies have started calling themselves ai companies you know they change their last

[00:35:36] names every time that's yeah i very bad to change your last name every time somebody becomes

[00:35:43] popular you know it's you should be very proud of who you are and and you know i'm a little bit of a

[00:35:52] you know perspective towards the fact that all of these are just tunes they are they'll come

[00:35:58] and they will go um um you know and they should go uh because uh i i think i'd rather be

[00:36:07] uh a good carpenter rather than get excited about the latest hammer um so that's how i would see this

[00:36:15] uh but uh you know but having said that you cannot ignore you know these technologies you

[00:36:21] have to you have to engage with them you have to play with them but not get uh you know obsessed

[00:36:27] about the tool um but i would rather get obsessed about the interaction of the tool with the business

[00:36:35] you're skills so um you know it's just a it's just the point of obsession is it is focused

[00:36:42] on a different place uh so that that's how i would put it yeah i would completely agree with you as

[00:36:49] well i think it was six seven years ago that so many businesses were changing their that last

[00:36:54] part of their name to a blockchain company and this share price was going through the roof and

[00:36:59] they're probably the same companies and ai companies and a lot of cases so i kind

[00:37:04] of don't thank you enough for coming on and sharing your insights but before i let you go

[00:37:08] i want you to leave one final gift to everyone listening and that is either a song that we can

[00:37:13] add to our Spotify playlist or a book that you would recommend that we can add to our amazon

[00:37:18] wish list but what would you like to leave everyone listening with uh you know the book

[00:37:22] i would suggest is anti-fragile by nascin talib uh it's uh it gives you a fun nice

[00:37:29] fundamental framework for thriving in a world of change uh and you know appreciating the fact that

[00:37:43] you know it's uh you know you you what does it mean to deal with the stress factors associated

[00:37:55] with the change and not just look for resilience but look to look to do more than resilience so you

[00:38:04] have to be you have to try uh rather than just you know the goal cannot be to not not break

[00:38:11] because of change but all has to become the goal has to be to be better because of change and that's

[00:38:16] what anti-fragile actually talks about it's a great book and i think the fundamental principles

[00:38:21] from that actually apply very very well to a world of changing technologies uh and uh you know

[00:38:31] thriving despite the inner world in a world of changing technologies

[00:38:37] lovely i'll get that added straight to our amazon wish list for people to check out and for

[00:38:42] anyone listening wanting to find out more information about music but we've covered so much in a

[00:38:47] short amount of time but anyone that wants to find out more contact you or your team find out more

[00:38:51] about that university and the great work you're doing there where would you like to point everyone

[00:38:55] listening i think uh you know it's www.mue-sigma.com awesome i'll get that link added to the show

[00:39:07] notes so people can find that and even contact your team nicely easily too and as i said we

[00:39:13] covered so much there from analyzing the problem space the problems with building technology before

[00:39:18] you fully understand the problem that the tech aims to solve we could talk about this stuff for hours

[00:39:23] but just a big thank you for taking the time out of your day to sit down and share your story

[00:39:28] and your insights thank you so much thanks neat for having me i think in my conversation with

[00:39:34] diraj today we've entered into the heart of problem solving exploring how mue-sigma's unique

[00:39:39] perspective on interactions rather than isolated entities is actually paving the way for breakthroughs

[00:39:46] and decision sciences from the importance of adapting to new technologies without getting lost in

[00:39:52] trends to fostering a culture of learning and curiosity diraj was able to share his insights

[00:40:00] that challenged the conventional wisdom of the business world and as we reflect on the role

[00:40:04] of ai in solving real world challenges and the future of decision making for me it becomes clear

[00:40:10] that the path forward is both complex and exhilarating and i could have chatted to him for

[00:40:16] another hour we were talking about so many different things outside of technology and

[00:40:21] business from politics to global politics and beyond and from this moment on i'm going to

[00:40:27] call him my spirit animal i'm convinced that we are all connected no matter where

[00:40:32] you're listening in the world there is a spiritual side of me that just believes that we're all

[00:40:36] connected so a big thank you to diraj for being a real breath of fresh air today but over to you

[00:40:44] what are your thoughts on integrating these approaches into your own problem solving practices

[00:40:49] how can we apply the lessons from mue-sigma to navigate the complexities of our own

[00:40:55] increasingly interconnected business life and world this is where i ask you to share

[00:41:01] your thoughts with me let's continue this conversation on leveraging technology

[00:41:05] to make better decisions in both business and life so email me now tech blog writer outlook.com

[00:41:12] twitter linkedin instagram just at neil cqs i'd love to hear your thoughts on everything we

[00:41:17] discussed today but that is it for today's episode i'll be back again tomorrow with

[00:41:22] another conversation on a different topic hopefully you'll join me again then but until next time

[00:41:28] don't be a stranger