Monday, July 15, 2013

Professional Bias: The most damning kind of 'Modern Prejudice'?

Thanks to Mahzarin Banaji & Anthony Greenwald, authors of the recently published book "Blindspot: Hidden Biases of Good People", I now have a term to use when I crib about that intangible, all pervasive, frustrating, subtle but highly damaging prejudice one has to face in the corporate life.

Below is my comment* posted against the transcript of a rather surprisingly** unbiased interview of Banaji by Shankar Vedantam on NPR Code-switch
*one among the 214 highly engrossing comments as on today
**or may be not-so-surprising considering the topic is of 'bias' & avoiding that makes definite sense :-) & also because Shankar himself authored a book that establishes the existence of unconscious biases (The Hidden Brain: How our Unconscious Minds Elect Presidents, Control Markets, Wage Wars and Save Our Lives)
Let me admit upfront that the comment i made about the book in the penultimate paragraph below is hardly unbiased as 1) I haven't (still) read the book & 2) I was prejudiced by the choice of examples Banaji made.

My comment:
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Ouch! that hit a raw nerve…

Considering the many instances I encountered and still experiencing, it’s apparent to me that I unfortunately am on the wrong viz., receiving side of this bias - No wonder, I am not really able to smirk in tacit understanding of this form of subtle prejudice like Banaji & Greenwald can!

I probably faced this first as a kid transitioning from vernacular education to an 'English medium' school wherein I joined this phantom club of under-dog vern-pretenders. Even as I overcame this initial bias over a few precious school years, I have had an extended rendezvous with this intangible discrimination that followed me most places & most worryingly, into my career – an aspect to an extent demonstrated by the number of times I riled against ageism, rankism & even heightism on twitter in the past few years.

Hands-down, the title of the most damning kind of subtle prejudice goes to professional discrimination that manifests itself in multiple forms in multiple contexts right from Existence of highly exclusive informal academic/ alumni groups; Caste (in Indian context), region triggered favoritism to Inherent bias of domain-Gods prejudiced against wannabes that are trying to break-in into their sacred bastion – most of which I am experiencing right now with my own seemingly self-defeating penchant for periodical disruptive re-invention of self by making/ attempting a lateral career move with no pedigree, justification other than my own belief.

If it sounds like I’m demonizing these ‘quaint’ prejudices as if they were a bigger evil than the regular discrimination types like age, color, disability, gender, race, religion, sexual orientation etc., I have a reason for being so. Unlike these more visible & blatant discrimination wherein the discriminator most times cannot morally or at least legally justify the bias & hence the biased can seek refuge in the regulation & the brotherhood of communities that are similarly affected., the victim, if I may say that, of a subtle prejudice/ bias/ discrimination is without any recourse of fighting this anomaly & hence is perpetually screwed.

No one is above a little-bias in their lives - My own biases & how they impacted the under favored is something which now I’ll keep mulling on, so as to avoid. I however like to believe my fleeting prejudices never trampled on any career aspiration nor on real merit, but aware I am pretty much of any bias I have & when I do, it’s intentional. Given this, I’d argue most of these prejudices aren't unintentional but very consciously employed – while I haven’t read the book, the tone, tenor and the case-studies used by the authors make this book come across as a guide to these subtle perpetrators on “how not to feel guilty while favoring your own kind” – It’s a great service nonetheless by authors to highlight this aspect so very bravely.

The biases may be quaint, but the impact is real and it hurts real bad.

Wednesday, July 10, 2013

Static & Staticy

10th July 2013

When the search is of existential angst, trust the search engine to fill your bucket of woes.











Why really? 

Tuesday, July 9, 2013

My question, merely rephrased, is still open - IRR v/s Impact Investing: Do financial institutions necessarily go through this dilemma?

So I now can save some breath by saying 'Impact investing' whenever I have something to say about social impact of investments - that still doesn't mean I get the whole picture now! 

Below is my comment on a recent article on Forbes titled "Pierre Omidyar, Steve Case And Mike Milken On The BusinessCase For Impact Investing"

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Comment:

Earlier in Jan 2013 I posted a poser on my blog titled "IRR v/s Social Impact: Do financial institutions necessarily go throughthis dilemma?"

Even as I am still unclear how social-impact can coexist with bang-for-the-buck at the macro level (~LPs), I see a definite hope in the approach being pursued by Omidyar Network, which made a great start just by terming itself as "a philanthropic investment firm' – The document “From the Field: Lessons Learned in Impact Investing” goes on to showcase how ON takes this moniker seriously – Bravo!!

From all I could see, ON is still an investment firm that’s funded (largely) by its philanthropic founders & there is no ‘raising of fund from LPs’ involved in this unlike most VC/ PE firms that dabble in similar volumes of investments/ portfolio.

That brings me back this intriguing question of how the likes of JPM measure their social impact? – I am sure I am missing something here.


Monday, July 8, 2013

I'm dumb with cool apps 'cos my phone ain't smart when I'm travelling overseas!

Ever heard an international traveler bitch about how cruel the data roaming tariffs can be - well, here i go...

My comment on a recent post on the HBR Group on LI;

Link to the LI discussion:










My comment:


Never heard of any till now……. checked them out & loved 'em all.

AirBNB: Sure sounds like something i'll try when i'm travelling and looking for an overnight accommodation next time.

Uber: I am guessing I may not need a chauffeured sedan anytime soon, but am sure excited by the opportunity it provides to make a rather grand exit from a sad rendezvous :-)

Hailo: Hello... this is something I could use when i'm in London or NYC next - my only issues are; a) When in the near future would the corporations of London & NY enable city wide Wifi?.... enabling data on my international roaming plan can be pretty killing. AND b) What if I don't actually know where to stand while 'Hailo'ing the cab? .... just kidding :-)

Getting serious, the bottom-line is that till the time WiFi is all prevailing and FREE in all cities (are you listening Google??..), an international traveler like me will not be able to use many of these cool apps for want of connectivity....

Plan B anyone?