MarketOrders COO invited to the British Embassy in Paris

Our Co-Founder and COO, Sukhi Jutla, was invited to the British Embassy in France, Paris, for an event that celebrated Women in Tech. Sukhi has previously been named as a Top 100 Woman in Tech and is a leading influential figure in this field. Read her blog post below where she shares her trip to Paris and what she learnt.


I was honoured to receive a personal invitation to the British Embassy in France for a special event to celebrate women leaders. The event was hosted at the Ambassador’s Resident 39, rue du Faubourg Saint-Honoré, 75008 Paris, and a panel of speakers shared their inspiring journeys with us during this event. They included:

  • Roxanne Varza, CEO of Station F
  • Cecile Verdier, President of Christie’s France
  • Fiona Dawson, President Global Food, Multisales and Global Customers of Mars

The British Embassy in Paris maintains and develops relations between the UK and France and this event was to celebrate and promote women working in tech in the UK and France and to discover how we can work together to encourage more women to consider pursuing entrepreneurial.

 

Here are some key takeaways that resonated for me:

Be yourself

When working in male-dominated environments, it is sometimes expected that women need to emulate men. But being yourself, and the BEST version of yourself is what will help you to stand out from the crowd and do your best. Everyone has something of value to offer.

 

Ask for help

Sometimes we think we need to know it all but the best thing to do is to ask for help. Building a company is hard so asking for help is not a sign of weakness but a sign of courage.

 

Learn from difficulties

You will no doubt come across many challenges in your career and these can serve as the best lessons to create change. So whenever you incur a setback or challenge, don’t let it go to waste and ask yourself “what can I learn from this experience?

 

Embrace the challenge

Your business, if you are going and stretching, will undoubtedly go through rough patches and difficulties. Don’t shy away from them. In fact, the rough patches are needed so you can chart a smoother future. Embrace the hard stuff and you’ll become stronger.

 

Ask for what you need

Everyone has a right to choose how they do their job so don’t be afraid to ask for flexible working or different hours to suit you.

 

It was humbling to hear such inspirational stories from the speakers and to meet with incredible men and women striving each day to make a difference with the products and businesses they are building.

 

The event concluded with a lovely lunch reception!

MarketOrders at the London Asian Business Awards 2019

Last week our Co-Founder & COO, Sukhi Jutla, attended the London Asian Business Awards.

As a reminder, Sukhi was nominated a finalist in the ‘Disruptive Entrepreneur’ category.

Some of the best professionals and businesses received an award for their achievements over the last year at the 3rd London Asian Business Awards 2019. 32 finalists across London were crowned winners. The event took place at the Millennium Gloucester Hotel in Kensington on Friday 11th of October.

The event personified the spirit of London’s South-Asian community. The night was one of inspiration with the range of finalists reflecting the sheer number of London industries with Asian impact and presence. Categories included Rising Star, Young Entrepreneur of the Year and International Business of the Year.

The London Business Journal were official media partners for the Awards. Charity partners were The Asian Women’s Resource Centre who provides specialist domestic violence support services to women and children across London.

The London Asian Business Awards 2019 sponsored by Gatehouse Bank and presented by Greenleaf Catering, are organised by Oceanic Consulting – the UK’s leading ethnic awards company. CEO Irfan Younis said “I’d like to congratulate all winners and finalists awarded at the 3rd London Asian Business Awards 2019. The evening was one of absolute talent and inspiration. London’s Asian Business community are the perfect role models for future generations of aspiring entrepreneurs.”

Congratulations to all the finalists and winners!

Official press release here.

MarketOrders Co-Founder invited to moderate National Technology News roundtable

Our COO Sukhi Jutla was invited to a private event to moderate a roundtable discussion on the topic of ‘’Success in the data-driven supply chain’’ at City Social, Tower 42 on the 10th of October.

Sukhi has extensive experience in digitising supply chains and has also written numerous articles on this topic. Her experience enabled her to lead an engaging discussion with 20 hand-selected high profile people who work as chief digital officers and supply chain experts from FTSE 250 companies.

Topics focused on the rise of artificial intelligence, the need for more entrepreneurialism within supply chain systems and the use of blockchain in shipping products on time.

The official writeup and pictures will be released in due time by National Technology News, who hosted the event.

See below for the topics that were discussed.

 

Topics:

Whilst the UK’s global trading routes face unprecedented political uncertainty in the form of Brexit and trade wars, the manufacturing sector is also tackling widespread digital disruption.

With digitised supply chain technology and an influx of new data rapidly gaining ground over outdated systems, businesses are turning to the Internet of Things (IoT), Electronic Document Management (EDM) and Robotic Process Automation (RPA) to ensure they can track this proliferation of new data sources and ensure compliance with changing customs and trading rules during and after Brexit.

However, as they attempt this, fragmentation, manual processes and legacy infrastructure have meant that many businesses are failing to harness the commercial potential locked within their data.

As a result, they are struggling to keep up with their supply chain partners and competitors in an increasingly connected world.

But global supply chains are also coming increasing regulatory pressure as well as board demands to do more with leaner infrastructure. As a result, it has never been more urgent for manufacturers to view their data in real time, and drive efficiencies from factory to shop floor in order to stay ahead.

This roundtable explored how companies are using new technologies to digitise their supply chains and overcome Brexit-related disruption by tracking orders across borders and improving overall business performance.

 

Topics for debate:

  • How can predictive analytics and alert systems help flag potential risks and forecast changes in supply and demand?
  • What role will IoT, machine learning and blockchain play in supply chain transformation?
  • How can integrated information systems help maintain compliance with changing customs and trading regimes after Brexit?
  • What are the risks involved in implementation of RPA?
  • How can data-driven supply chains help businesses prepare for Brexit-related disruption at the border?
  • What is the benefit of real time visualisation of data to track supply chain processes?
  • How can automated data flows improve communication between supply chain partners?
  • What are the challenges around integrating data management systems with existing EDM infrastructure?
  • How is merger and acquisition-related disruption holding up supply chain connectivity and digitisation?

 

MarketOrders COO speaks at Inclusive Boards: Executive Leadership Programme

Our Co-Founder & COO, Sukhi Jutla, was invited to speak about career progression as a panelist during the Inclusive Boards: Executive Leadership Programme.

This programme was aimed at senior women leaders who came from companies including Deliveroo, Draper Espirit, HSBC, MoneySuperMarket Group and Lloyds Banking Group.

It was run as a residential programme at the Mallory Court Spa at Leamington Spa with 2 days of facilitated learning.

Inclusive Boards is the UK’s leading executive search agency specialising in diversity and inclusion at governance level. They support organisations to develop more diverse boards, senior leadership teams, and improved governance structures.

Sukhi was joined by 2 other panelists including Tamara McMillen, Executive Director of Sales at Virgin Media Business and Namrata Sarmah, Senior Director at Viacom.

Topics discussed included:

  • Climbing the career ladder
  • How to get board roles
  • Personality and leadership style
  • Balancing work/family life
  • Building and using your network
  • Continuous development and upskilling
  • Unconscious bias and overcoming challenges

 

Sukhi shared her personal story of how she navigates her career progressions, from being an employee to becoming an entrepreneur and board member. 

The event was a huge success and Ellen Partridge, Campaigns Officer for Inclusive Boards left this review for Sukhi:

‘’Sukhi was an inspiring panelist during the Inclusive Boards: Executive Leadership Programme, having a huge impact on senior women leaders in the room. She captured the attention of the room with her story and offered interesting perspectives on career progression, personal development, and work-life interface.’’

A few other reviews also include:

 

 

The psychology of innovation – what we’ve learnt at The Economist conference

October 3, our Head of PR & Communications, Caroline Hoffmann, was invited to The Economist conference in London.

A day of learning, debating and networking, organised in the heart of London at the Royal Institute of British Architects.

One topic particularly interested Caroline: “The Psychology of Innovation”, run by Dr. Brian Marien, Founder & Director at Positive Group.

Here is her outtake (keep in mind that everything is scientifically proven):

 

Being emotional hacks your thinking

When we are emotionally affected by a subject, a situation, it changes the way we feel, think and behave.

Why? Because emotional regulation shifts when we are stressed. 

Emotions drive all the thinking and can prevent us from thinking rationally, clearly and being open to other people’s opinions.

Stress changes the circuits of the brain and drives negative emotions. It can make us doubt, feel unconfident, incapable, worthless.

 

You’re never too old to change the way you think

Good news, you can change the way your brain thinks, it is not as it is forever!

Thinking differently can be taught. If your brain is more amenable when we’re young, it remains amenable throughout your life. It means that no matter how old you are, you can teach your brain to think positively and regulate your emotions.

 

Be optimistic and you’ll live longer

Optimists live longer – it’s proven! 

I remember seeing a documentary about the power of smiling. Some scientists experimented how smiling could change our moods and, in a nutshell, they found out that smiling was obviously, a result of feeling happy, but that also smiling, as a cause, could result in making you feel happy. Indeed, if you make yourself smile more often, you’ll feel happier. It can feel weird at first, but actually smiling and laughing “easily” is like any other exercise; it takes practice!

Don’t wait to spread some good vibes and from now on, always see the glass half full and laugh at your colleagues’ jokes!

 

What does it have to do with innovation?

All kinds of innovation are stressful. Whether it is a new product, a new technology, a new management process or new hiring, stress can easily make us feel uncomfortable.

Here are a few examples:

A new product can lead us to be close-minded: “We’ve done it this way in my family for generations, why should we change now?”. Another way of seeing the situation would be: “Maybe this new product could make us more efficient, productive, profitable, and starts a new air of our family finally embracing technology.”

A new management process can make us feel upset and think negatively: “The company has been acquired by this big group. They’re going to merge our teams. I don’t want to talk to these guys who think they are better than us and impose us their ways of working.”. Another way of thinking would be: “I’m glad we’re merging the teams. We’re going to have even more incredible talents, learn new things and will smash our annual goals!”

New hiring could make you feel insecure: “Why did they hire this woman? She’s already got some of my missions and it’s only been a week. What’s next, taking my job?”. Another way of looking at the situation would be: “I’m glad they hired her! She’s doing some of my work so now I have more time to focus on innovative ways to improve my processes.”

 

MarketOrders’ opinion

The last decade has seen companies coming up with many ways to improve employees’ happiness at work. Free food, gym, parties, stunning offices, and team building activities; it all sounds lovely, but isn’t it a bit superficial? Is that really improving employees’ fulfilment?

At MarketOrders, we believe that people can only feel comfortable and thrive in a company if they feel they matter. What does that mean? It means being able to speak openly, being listened to, having their voice heard. It also means having your work and efforts recognised and praised, and your successes and achievements celebrated, no matter how small.

 

Innovation always brings downsides. We should be able to understand them, monitor them and take actions.

Understand how the brain functions and reacts to innovation will help it flourish. Leaders have to be aware of the psychology of behaviour and make sure their employees are feeling comfortable, listened, and happy.

Do you have an opinion? Anything you’d like to add? We’d love to hear it in the comments below!

MarketOrders awarded for Excellence in Supply Chain Optimisation at SME Business Elite Awards

We are proud to announce that MarketOrders has been awarded for Excellence in Supply Chain Optimisation at SME Business Elite Awards.

Ram Krishnna Rao, CEO & Co-Founder of MarketOrders, reacted to the news: “We have been working diligently for years to innovate and upgrade an outdated supply chain system. For MarketOrders to be awarded as winners for supply chain optimisation is a fantastic achievement as we have been pioneering the use of technology and digital innovations to streamline the supply chain and bring much-needed efficiencies in the gold and diamond jewellery industry.”

Sukhi Jutla, COO & Co-Founder of MarketOrders, added: “It’s fantastic to be recognised for the innovations we are bringing to the gold and diamond Jewellery industry with our pioneering work at MarketOrders, which utilises frontier technologies such as blockchain, artificial intelligence and sensors to ensure transparency in the supply chain. This award strengthens our position as leaders in this field and it’s an honour to be recognised. Thank you.”

 

To find out more about the 2019 SME Business Elite awards winners, click here to access the Q3 issue of SME News Magazine (full list of the winners is page 43).

MarketOrders has been nominated for over 25 awards! Find them all on our Awards section.

 

Click here to see the first cover of the issue

Click here to access the full list of winners