The StoryBank

Indranil Chakraborty (IC)

Stories have impact. When we use them in our business conversations, they make our messages clear and memorable. We are all great storytellers, but we can't be a one-story wonder. This podcast is designed to help you build your story collection.

  1. Oct 12

    Episode 173 – Purpose Is A Person – Find The Human At The Other End

    Send us Fan Mail When I started StoryWorks in 2013, the hardest part of moving to the vendor side was rejection. In corporate life, I never had 70% of my proposals turned down. Getting used to that was tough. What kept me going was a belief that stories at work would benefit everyone, speaker and listener. What kept me going was purpose. But I had it easy. We were a very small organisation. In large organisations ask a CEO what the company's purpose is and you'll usually get a clear answer. Ask someone two levels down and you often won't. While most of us believe purpose matters, ensuring everyone understands and resonates with the purpose is not always in every leaders must do list. Gallup found that only 41% of employees strongly agree they know what their company stands for. Most companies communicate purpose the way they communicate a policy. A slide, a poster, a town hall, repeated until people stop hearing it. But there is a better way which was demonstrated through a few experiments conducted by Adam Grant. Listen on. Click here to register your interest for the StoryWorks Academy: https://forms.gle/Hj2924xnfUZfAgTk9  Our team will connect with you soon. Your friends and family can join our WhatsApp group to get copies of our videos. https://bit.ly/SW_WA_11 For more #storiesatwork do have a look the playlists of stories on our website - https://bit.ly/SW_Stories Our website has a video version of this story.  https://storyworks.in/storybanks/ Follow me on LinkedIn -->linkedin.com/in/i-am-ic

    Episode 173 – Purpose Is A Person – Find The Human At The Other End
  2. Oct 6

    Episode 172 - Burn The Boat – Plan B can weaken your Plan A

    Send us Fan Mail Nearly 2,500 years ago, Sun Tzu wrote in The Art of War: “Throw your soldiers into positions whence there is no escape, and they will prefer death to flight.” A much milder version of this often happens in organisations. A new strategy is announced. But the old one continues, just in case. The sales team is told to sell differently. But the old targets and measures remain. We say we are changing direction, but we keep the old option open. And because we know it is there, we never fully commit to the new one. Having a Plan B feels safe. But it can also divide our attention. Every hour we spend keeping the old option alive is an hour we are not spending on the new one. And when things get difficult, as they inevitably will, it becomes very tempting to go back to what we already know. Of course, some risks need a backup plan. That’s just sensible. But keeping an exit open simply because we haven’t fully committed is different. Today’s story focuses on the power of no Plan B. Click here to contact the StoryWorks Academy team and get more information -> https://forms.gle/Hj2924xnfUZfAgTk9 Your friends and family can join our WhatsApp group to get copies of our videos. https://bit.ly/SW_WA_11 For more #storiesatwork do have a look the playlists of stories on our website - https://bit.ly/SW_Stories Our website has a video version of this story.  https://storyworks.in/storybanks/ Follow me on LinkedIn -->linkedin.com/in/i-am-ic

    Episode 172 - Burn The Boat – Plan B can weaken your Plan A
  3. Sep 21

    Episode 170 – Try Till You Fly – Persistence Beats Deep Pockets

    Send us Fan Mail There’s a particular kind of competitor that can be very intimidating. They have more money, more people, better technology, a bigger brand, and access to expertise you can't afford  So the natural conclusion is: how do we compete with that? Perhaps that’s the wrong question. Because resources determine how much you can deploy. They don’t necessarily determine how quickly you can learn. A smaller team can try something on Monday, discover it doesn’t work on Tuesday, change it on Wednesday and try again on Thursday. A larger organisation may still be getting approval for the first experiment. Over time, those small cycles begin to compound. And after fifty such cycles, the smaller competitor may know something the larger competitor simply doesn’t. We often talk about competitive advantage in terms of what an organisation has — capital, talent, technology, distribution, data. Perhaps we should pay more attention to what an organisation does. How quickly does it turn experience into learning? Because when you can’t outspend your competition, there is still another possibility. You can outlearn them. Your friends and family can join our WhatsApp group to get copies of our videos. https://bit.ly/SW_WA_11 For more #storiesatwork do have a look the playlists of stories on our website - https://bit.ly/SW_Stories Our website has a video version of this story.  https://storyworks.in/storybanks/ Follow me on LinkedIn -->linkedin.com/in/i-am-ic

    Episode 170 – Try Till You Fly – Persistence Beats Deep Pockets
  4. Aug 10

    Episode 168 – Everyone’s Doing It – The Sign That Made It Worse

    Send us Fan Mail Many years ago, an electric utility ran a simple experiment. It started telling households how their electricity use compared to their neighbours’ average. It worked. Heavy users cut back. But something unexpected happened as well. Households already using less energy than their neighbours saw the same comparison and started using more. If everyone around you is using more, then why hold back? The solution to the “boomerang” problem turned out to be almost embarrassingly small. The company added a smiley face to the bill of anyone using less than average, and that one addition wiped out the backfire completely. Richard Thaler and Cass Sunstein tell this story in their must-read book, Nudge. Telling people what’s normal is a powerful lever. It just moves behaviour in whichever direction you point it. This week’s story looks at two real attempts to pull that exact lever, one in a hotel bathroom, the other in a national park hundreds of miles away. One worked beautifully. The other nearly tripled the very problem it was trying to fix. These examples are from Robert Cialdini’s book, Influence. Listen on. For more #storiesatwork do have a look the playlists of stories on our website - https://bit.ly/SW_Stories Your friends and family can join our WhatsApp group to get copies of our videos. https://bit.ly/SW_WA_11 Our website has a video version of this story.  https://storyworks.in/storybanks/ Follow me on LinkedIn -->linkedin.com/in/i-am-ic

    Episode 168 – Everyone’s Doing It – The Sign That Made It Worse

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About

Stories have impact. When we use them in our business conversations, they make our messages clear and memorable. We are all great storytellers, but we can't be a one-story wonder. This podcast is designed to help you build your story collection.