Azim Premji, a business tycoon who is known for changing the face of Wipro, retired last week, leaving the reigns of his massive empire to son Rishad. When Wipro began manufacturing vegetable and refined oils in Amalner, a district in Maharashtra, little did people think it would today become the front of 70 plus companies! Before the tides of wind changes, here is taking a look at some life lessons from the man who gave India the Wipro of today.
Azim Premji Life Lessons:
1. Know your strengths
While it is important to know your weaknesses, in order to make a mark in today’s competitive world, it is important to know and play to your strengths. If Premji hadn’t followed this principle, he wouldn’t have turned around a $ 2 million vegetable and refined oil manufacturing company into a $ 7 billion company with a presence in more than 60 countries! According to Premji, the only way to correct your weakness is by playing to your strengths!
2. Stay honest, persevere and work hard
According to Premji, while innovation is all well and good, in order to grow, you must stay honest, persevere and work hard toward your goal. The more you rely on self help books and on the intuitions of those around you than your own, you forget where you started. Think of the bigger picture and make sure even if it takes time, you don’t lose sight of the three rules of success. When Wipro was started by Azim Premji’s father, it worked only with a certain type of product. However, when Premji took over, he realised the amount of potential the Company had and by putting in a lot of hard work, he made Wipro the conglomerate it is today!
3. Take charge
Unless you take charge and show the world what you can do, you can’t make an impact. Despite leaving college for a while when his father passed away, Azim Premji pushed himself to do better than when it was run by his father. When Premji stepped into the Wipro factory at the age of 21, he did so against the advice of more than just one well wisher. People told him he should have applied to a soft and cushy job at an established place. However, it was because Premji took charge, he changed the way Wipro was perceived!
4. Stick to your values
According to Premji, the core value of any business is your values. Stand by what you believe in and once you do, you can escape whatever tricky situation you face. Don’t compromise on your beliefs and while success may not instantly come, the reward you get will be far greater at the end of the day! Premji always believes in standing for your values because when things go back, your values are the only ones which give you direction. Even though he had so many challenges throughout his career, Premji followed Mahatma Gandhi’s philosophy and made sure, throughout his tenure as the CEO of Wipro, he never did anything his conscience wouldn’t allow.
5. Always look for opportunities
More often than not, people don’t realise change is a constant factor. Furthermore, what people don’t also realise is managing change has a lot to do with the way you perceive the situation. To break the pattern and to feel better about your situation, focus on what you can learn from the tough path in life. You need to understand, with change come fear and insecurities. However, if you let the insecurities take over, you can’t get ahead. Creativity and innovation need inspiration. If Azim Premji hadn’t grasped all he could learn at Wipro, he would never make it to the top.
6. Always give back
One of the best things people remember about Premji is his philanthropic side. Shortly after taking over as CEO of Wipro, Premji started donating his funds to organizations and people about whom he cared. Apart from being the first Indian to give away 25 % of his wealth as a part of the Global Giving Pledge, Premji also set up a non profit organisation, Azim Premji Foundation, aimed at improving primary education in India. The trust helped set up a university in Bangalore and works with the goal of improving the quality of education in India in a holistic way, rather than only through financial support. Despite being the third richest man in India as of 2018, Premji still believes in giving back, thereby making sure everyone is given an opportunity to make full use of their potential.
If you think we missed out on any other life lessons from Azim Premji, comment and let us know!
WhatsApp has recently introduced a new feature known as Channel Categories, aimed at enhancing the user experience by simplifying the process of discovering and following channels that align with individual interests. This update is expected to significantly boost user engagement on the platform, which boasts over 500 million monthly users engaging with WhatsApp Channels.
Overview of Channel Categories
The new categorization system divides channels into seven distinct groups:
People
Organizations
Lifestyle
Sports
Entertainment
Businesses
News & Information
Accessible through the Explore option in the Updates tab, this feature allows users to navigate easily through various categories, making it simpler to find content that resonates with their preferences. The automated categorization process means that channel owners no longer need to manually assign categories, streamlining the user experience further.
Enhancing User Experience
The implementation of Channel Categories is designed to improve how users interact with content on WhatsApp. By enabling users to filter search results by category, WhatsApp not only saves time but also encourages exploration of a wider range of channels. This could lead to increased satisfaction as users discover new interests and communities within the app.
The organized structure provided by Channel Categories is anticipated to enhance overall user engagement, allowing for a more intuitive browsing experience. As users delve into different categories, they may find channels that they might not have otherwise encountered, broadening their content consumption.
Celebrity Engagement
The timing of this new feature coincides with the rising popularity of WhatsApp Channels among public figures and celebrities. Notable Bollywood stars such as Kareena Kapoor Khan, Katrina Kaif, and Ayushmann Khurrana have launched their own channels, offering exclusive content and personal insights. For instance, Khurrana’s channel promises followers a glimpse into his life, sharing behind-the-scenes updates and creative endeavors like poetry. This personal touch aims to foster closer connections between celebrities and their fans.
Future Developments
In addition to Channel Categories, WhatsApp is enhancing its artificial intelligence capabilities. The platform plans to roll out a two-way voice chat feature powered by Meta AI, allowing users to interact with chatbots in a more personalized manner. This feature will offer various voice options, including those of celebrities, enriching user interaction on the platform.
The introduction of AI-driven features aligns with Meta’s broader strategy to integrate advanced technology into its messaging services. By providing users with unique voice interactions, WhatsApp aims to create a more engaging and dynamic communication experience.
Conclusion
WhatsApp’s launch of Channel Categories marks a significant advancement in creating a user-friendly environment for content discovery. By organizing channels into distinct categories and enhancing AI capabilities for personalized interactions, WhatsApp is positioning itself as a more engaging platform for its vast user base. As this feature gains traction, it will be interesting to see how both users and channel creators adapt to this new system, potentially reshaping the way content is consumed on the app.
Setting up partner sharing in Google Photos is a convenient way to share your photos and albums with a specific person, making it ideal for couples, families, or close friends. This feature allows both partners to view and contribute to shared memories seamlessly. Here’s a comprehensive guide on how to set up partner sharing in Google Photos.
Step-by-Step Guide to Setting Up Partner Sharing
1. Open Google Photos
To begin, launch the Google Photos app on your mobile device or visit the Google Photos website at photos.google.com. Make sure you are logged into your Google account.
2. Access Settings
Mobile App: Tap on your Profile Picture in the top right corner of the app.
Desktop: Click on the gear icon (Settings) located in the upper right corner of the screen.
3. Select Partner Sharing
In the settings menu, find and select Partner Sharing. This option will initiate the process of inviting your partner to share photos.
4. Add Your Partner
You will be prompted to enter your partner’s email address. If they are already in your Google Contacts, you can select their name from the list. After entering their information, click Next.
5. Choose Sharing Options
You will have several options regarding what you want to share:
Entire Library: Share all your photos with your partner.
Specific Albums: Choose particular albums or folders to share.
Photos of Selected People: Opt to share only photos that include specific people recognized by Google Photos.
Additionally, you can set a date range for sharing, allowing you to share only photos taken after a certain date.
6. Send Invitation
Once you have made your selections, click Send Invitation. Your partner will receive an email invitation to accept the shared access. They need to accept this invitation to start viewing and contributing to the shared content.
7. Accepting the Invitation
Your partner can accept the invitation via email or directly within their Google Photos app if they have it installed. After accepting, they will gain access to the shared library or albums based on your settings.
8. Share Back (Optional)
Once your partner has accepted the invitation, they can also choose to share their own photo library with you. They can do this by clicking on the ellipsis icon (three dots) in their Google Photos app and selecting Share Back.
Managing Partner Sharing Settings
After setting up partner sharing, you can manage and modify settings at any time:
Return to the Partner Sharing section in Settings.
You can change what is shared or remove access if needed.
Benefits of Partner Sharing
Partner sharing in Google Photos provides several advantages:
Collaboration: Both partners can contribute photos, making it easier to compile memories from different perspectives.
Organization: Shared albums help keep memories organized and accessible for both parties.
Convenience: The ability to set specific sharing preferences allows for personalized control over what is shared.
Conclusion
Setting up partner sharing in Google Photos is an excellent way to keep your memories organized and accessible for both partners. By following these straightforward steps, you can easily create a shared photo library that enhances collaboration and strengthens connections through shared experiences. Whether for personal use or family albums, this feature simplifies photo management and fosters deeper relationships through shared memories.
Reddit, the social media platform known for its online communities and meme culture, saw its stock price jump significantly after releasing its first earnings report since going public in March. Investors were impressed by the company’s strong financial performance and optimistic forecasts for the future.
The report highlighted a surge in user engagement, with daily active users increasing by 37% to 82.7 million in the first quarter. This growth was accompanied by an 8% rise in average revenue per user, indicating Reddit’s success in monetizing its platform.
Perhaps the most significant factor driving the stock price increase was Reddit’s forecast for the second quarter. The company projected revenue to fall between $240 million and $255 million, exceeding analyst expectations. Additionally, Reddit anticipates achieving break-even status or even generating a profit, surpassing predictions of a loss.
This positive outlook can be attributed in part to Reddit’s flourishing advertising business. The company is also capitalizing on a new revenue stream: content licensing deals with artificial intelligence (AI) firms. Reddit’s vast collection of user-generated content provides valuable data for training AI models, attracting companies like Google.
Analysts believe Reddit is still in its early stages of monetization and predict continued growth in the coming quarters, fueled by advancements in ad targeting and measurement tools. This optimism is reflected in the stock price surge, which has climbed roughly 70% since Reddit’s IPO.
Overall, Reddit’s first earnings report paints a bright picture for the company’s future. With a thriving user base, increasing revenue opportunities, and a promising outlook, Reddit appears well-positioned for continued success in the ever-evolving social media landscape.