Innofest 2015 Mohit Final
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Transcript of Innofest 2015 Mohit Final
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RE-IMAGINING PEOPLE AND CULTURE
- @Mohitsax CTO & Founder
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What is innovation?
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The ability to see things beyond the paradigm of success and failure
and relating progress to a larger cause is innovation
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An act of ordinary people that causes extraordinary
disruption in any field is innovation
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The grass-root movement that energize the entire group to
move beyond status-quo and do things that matter and have
higher impact is innovation
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But innovation can't be done in isolation
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Innovation is not necessarily doing something new
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Innovation is > an ability to turn problems into
opportunity>to create an environment of free thinking
that thrives on great ideas> to bring people out of their shells and set
them free to dream and pursue it
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But we did not know this when we started 8 years ago
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When we started
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People advised against it
We went Global anyway
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People said start at west
We made products in India
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We kept disrupting and pushing the envelope
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We scaled massively
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Grew from a handful to>1000
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And suddenly
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People
Prod
uctiv
ity
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People
Prod
uctiv
ity
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We Stopped Growing
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?
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EntrepreneurshipRisk Taking
Thinking BigPassion
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Wall vs Reality
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Threw out ‘archaic’ thinking
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1) Don’t manage: Just focus on growing people
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Threw out Performance management system
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Started paying 100% bonus
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Stopped ranking and rating people
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2) 1% vs. 99%
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Travel Policy: Travel if it were your own money
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Reimbursement policy: No pre and post approvals
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Leaves: No pre and post approvals till 6 days
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3) Realize your people are great,
learn to trust them
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Trust that people inside are better than people
outside“Live your Potential”
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No approvals required
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30% of our positions are filled through “Live Your
Potential”
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20% InMobians have applied for “Live Your
Potential”
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People like to stretch “Bridge Assignments”
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15% InMobians have taken bridge assignments
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Bet @ 60%
Experience
Capa
bilit
y Over 90% Failure
Leap of faith
90% Success
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Learn what you what to learn
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4) Beyond employee and work: Build lasting
relationships
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InMobi family is not just 1000 but >3000
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Summer Camps for kids at InMobi office
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Cats and Dogs
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Kids @ office
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Promote Entrepreneurship
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SlideRule Oliveboard Globevestor PickYourTrail
Housify Kritter Allchemist Fairket
English Dost Galleri5 Moneysights Mobobeat
Credibase Shifter.in Do SelectAnd many more …
InMobi Mafia: 40+ Startups
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Boomerang: We welcome our people back with
open arms
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We love failed entrepreneurs
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5) Workspace
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Small is big
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Innovative workspace with no cabins
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Attracting great talent
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Disruption in HR and Culture led to disruption at multiple
levels
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Hadoop contribution
Falcon, Conduit, Lens, Kinobi, Cito engine
Disruption in Engineering / Technology
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A Revolutionary Discovery Platform
from InMobi
Disruption in Product
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Our Culture became Biggest Differentiator
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It started to make ripples
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Culture was always there.
But now we’re taking it to the next
orbit..
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Originates from the Turkish word Hayal
which means Imagination
Originates from the Sanskrit word
Awirodhin which means not being out of
harmony with (allowing for creative tension)
Originates from Latin work Opus
which means Action
Convergence of three words that form the foundation of our culture
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Power of being Open
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YaWiO went open source
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InMobi runs on YaWiO
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Disruptive companies will run on YaWiO
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India needs YaWiO