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and helpful link to nonlinearity: everything nonlinear in As individual leaders how do we enhance the abilities of
response is either fragile or anti-fragile to a certain source of RXU WHDPV WR IDFH WKHVH FKDOOHQJHV" 6RPH SHUVRQDO WKRXJKWV
randomness.” highlighted below:
In the above, Taleb clearly postulates that even Resilience ̽ 5HLQIRUFH RXU VWURQJ IRXQGDWLRQ LQ YDOXHV JRYHUQDQFH DQG
is an inadequate tool in the quest to develop anti-fragility. VRFLDO UHVSRQVLELOLW\ DV WKH 1RUWK 6WDU IRU RXU GHFLVLRQV
Our own experiences within the Mahindra groups are ̽ &RQVWDQWO\ XSJUDGH \RXU XQGHUVWDQGLQJ RI ULVN LQ WKH
littered with examples of being impacted by such events: context of your business for this one must cultivate a
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1%)&̵V E\ WKH 5%, employees, customers, and competitors.
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our commodity inputs. can be an opportunity.
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towards this objective in the past, though all may not have ̽ $FNQRZOHGJH WKDW SUHFHGHQFH PD\ EH DQ XQWUXVWZRUWK\
been consistently implemented. guide, not a set of ingrained principles.
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our Margin of Safety ratio, along with a strong free cash Resilient companies are well-networked internally as well
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leveraging has seen corporate empires being demolished but also able to readily adapt to them. They are poised to
around us. create peripheral value by exploring social responsibility
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emphasizes integrated Sustainability, diversity, and ethical anticipate the downturns. They adapt with ease, rapidly
values is indeed a foundational pillar. capitalize on disruptions, and create value and positive social
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planning methodologies.
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&OHDUO\ ZH FDQQRW DVSLUH WR HOLPLQDWH WKH GLVUXSWLYH LPSDFW Zhooben Bhiwandiwala is the
of the forces which now have been unleashed in the world. President- Mahindra Partners &
+RZHYHU DUH ZH EHWWHU HTXLSSHG WR UHDFW WR WKHP" (DFK RI RXU Group Legal, Member of the Group
companies has clearly visible vulnerabilities. How are we Executive Board.
instituting key initiatives to eliminate these or strengthen our
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