AI and Creativity - AI enhances human creativity, expanding reach rather than replacing humans [1][9] - AI lowers the cost of failure, with the cost of experimentation in startups dropping by over 90% in the last decade [10] - AI is a force multiplier for human resilience and creativity, amplifying capabilities and accelerating experimentation [9][10] - AI is not the enemy of originality but its amplifier, freeing individuals from tedious tasks to focus on meaningful work [16][17] Adaptability and Reinvention - Adaptability is crucial for survival, with the World Economic Forum predicting that 50% of employees will need reskilling by 2025 [8] - Reinvention is a collaboration between human resilience and technology, requiring a willingness to be curious and flexible [9][12] - The "collapse code" involves pausing, prototyping, and partnering to turn pain, passion, and potential into expanded reach [12][13] - Creativity is defined by adaptability, transforming limitations into leverage and turning "no" into new directions [14] Mindset and Opportunity - Every collapse or setback can be viewed as a creative prompt, leading to reinvention and new opportunities [2][6] - The key is to adopt a mindset of "living in beta," being open to continuous upgrades and shifts [12] - The future requires imagination and awakened humanity, with technology reminding us of what only humans can do [18]

What if the life you've built and worked so hard for no longer fits. Would you change it. How.That was me. My parents escaped the Vietnam War with just 25 cents in their pockets. My dad, he lost his entire family.My mom made it out with hers, but when they arrived to America, they had nothing. We started off living in a trailer. Then we upgraded to a 100year-old house in smalltown Pennsylvania.It was the kind of house everyone swore was haunted. My babysitter even put a knife underneath my pillow to keep th ...

If you are in your Middle Ages (25-40), how many times have you completely reinvented yourself, essentially restarted from zero.Share your before & after to let others know it’s never too late to chase your calling. ...

[applause] When Kunal invited me to speak today on outthinking, I bet he doesn't know that I eloped and married my wife at the age of 18. So clearly Kunal is outthinking today by inviting me here. As a younger me, I took a bold and maybe a wild decision.But later in life it kind of became a habit for me. Today I'm here to share some of the learnings with you. So let's dive in.Sachin Tendulkar the greatest batsman the world has ever seen won only 43% of the ODIs he ever played. Roger Fedra, he won just 54% o ...

Career Development & Personal Growth - The speaker initially aimed for hard news reporting (political, war correspondence, international events) but started in business news and sports desk roles [1][2] - Overcoming initial setbacks and discouragement was crucial, emphasizing perseverance and maintaining passion [1][3] - Adapting to circumstances and changing perspectives are essential for career advancement [1][2] - Pursuing one's dreams requires challenging oneself and stepping outside of comfort zones [2][3] - The speaker highlights the importance of self-awareness, acceptance, and adaptability in navigating life and career [3] Media Industry Insights - Early television news, particularly coverage of the Kargil War in 1999, significantly influenced the speaker's career aspirations [1] - The media industry often presents unexpected opportunities, requiring flexibility and a willingness to embrace different roles [1][3] - The speaker's career path involved transitions between different news genres (business, sports, general/hard news) and media organizations (Zee News, NDTV, India TV) [1][2][3] - Covering major national and international events, such as the Donald Trump-Kim Jong Un summit, Galwan conflict, Ukraine war, and G20 summit, marked significant milestones in the speaker's career [3]

Career & Personal Growth - Reinvention is a continuous mindset, not a one-time event, requiring cultivation and growth [30] - Possibilities often emerge after taking initial steps [30] - In moments of uncertainty, pausing, resetting, and rising again is crucial [30] - Facing invisible doors fearlessly is essential for progress [30] - Maintaining a "Yes, I can and I will" attitude is vital when facing challenges [30] Leadership & Impact - True purpose lies in the impact of the job, regardless of its title or glamour [9] - Courage is built over time through daring moments and assignments [18] - Visualizing goals strengthens belief and can lead to their realization [17] - Overcoming fear and failure can reveal a more beautiful version of oneself [24] Gender Equality & Systemic Change - The speaker challenged the status quo to advocate for permanent commission for women officers, leading to a landmark judgment by the Supreme Court of India in 2020 [12]

What happens when life unravels everything that you've already planned and the script that you followed so carefully suddenly does not fit. Do you get scared and hide yourself into the old or would you go forward and write a new story. Friends, I'm Lakshmi Priya.Today I'm here to take you into five moments of my life that has broken me, built me and helped me become who I am today. I was nine when I sat before the chessboard. Initially it was very interesting uh playing around moving the pieces imagining po ...

Key Takeaways on Personal and Professional Reinvention - The speech emphasizes that failure should not define individuals, but rather serve as a pause or a stepping stone [21] - Reinvention is a continuous process, requiring individuals to adapt and acquire new skills, including both hard and soft skills [23][24] - Finding a purpose larger than oneself is crucial for motivation and driving personal and professional growth [26][27] - Individuals should embrace their unique qualities and create their own paths instead of comparing themselves to others [31] - Extraordinary achievements come from ordinary efforts with an extra element of focus, integrity, responsibility, and ethos [32] Strategies for Navigating Change - Accept failures and setbacks, choose to fight back, and persist in trying [23] - Continually grow and upskill to evolve and become more capable in the face of disruptions [24] - Find a purpose that extends beyond oneself to fuel passion and drive [26] - Own one's unique journey and avoid comparisons to others [31] - Add an "extra" element of focus, integrity, responsibility, and ethos to stand out [32] Illustrative Examples of Overcoming Adversity - Chandran, an MSE PhD professor, mentors kids in his village, providing education and infrastructure [34][35] - Madesh, son of Salama, overcame poor academic performance to earn a BCA, buy a car and house, and lead a team in a global company [35][36] - Umar, daughter of a driver, works in HR at a hospital and is doing extremely well [36] - The speaker faced a 40% billing loss during COVID-19, a partner buyout, and his father's cancer diagnosis, but chose to reinvent his status quo and provide the best treatment for his father [37][38]

Financial Data and Key Metrics Changes - Revenue for Q3 2025 was $1.96 billion, up approximately 28% in actual currency and 27% in constant currency, reflecting the inorganic benefits from the Lexmark and ITsavvy acquisitions. Pro forma for these acquisitions, revenue declined about 8% [4][25] - Adjusted operating income margin was 3.3%, down 190 basis points year over year. Free cash flow was $131 million, an increase of $24 million over the prior year. Adjusted earnings per share were $0.20, a decrease of $0.05 year over year [4][25][29] - Adjusted gross margin was 28.9%, down 350 basis points, primarily due to higher tariff and product costs [26][27] Business Line Data and Key Metrics Changes - Equipment sales increased 13% to $383 million in actual currency, but pro forma for Lexmark, equipment sales declined about 16% [30] - IT Solutions revenue grew double digits on a pro forma basis, driven by public sector deployments and increased cross-selling momentum [25][36] - Print segment revenue was $1.36 billion, up 23% in actual currency, but pro forma for Lexmark, post-sale revenue declined 8% [33][34] Market Data and Key Metrics Changes - Legacy Xerox equipment sales declined 14% year over year in constant currency, reflecting macroeconomic uncertainty and delays in government-related orders [31] - Lexmark's equipment sales declined 30% in actual currency, attributed to backlog difficulties and delays among channel partners [32][33] - IT Solutions showed resilience with a 12% growth in actual currency, indicating a strong demand for IT products and services [36] Company Strategy and Development Direction - The company is focused on three strategic priorities: execute reinvention, realize acquisition benefits, and maintain balance sheet strength [5][12] - The integration of Lexmark is expected to yield at least $300 million in synergies, with ongoing efforts to enhance operational efficiencies and cash conversion cycles [10][23] - New product launches in print and IT solutions are planned over the next 18 months, including enhancements to the production print portfolio [6][7] Management's Comments on Operating Environment and Future Outlook - Management expressed disappointment with Q3 results due to macroeconomic challenges affecting top-line performance, particularly in transactional print equipment revenues [4][5] - There is an expectation that delays in equipment purchases will materialize in future periods as government funding decisions become clearer [5][42] - The company anticipates a recovery in demand once funding and tariff policies stabilize, with IT solutions expected to continue outpacing market growth [41][42] Other Important Information - The Lexmark acquisition has resulted in an increase in total debt, but the company aims to reduce gross debt leverage to three times EBITDA in the medium term [12][40] - The company launched an AI Center of Excellence to enhance operational efficiencies and productivity solutions [10] Q&A Session Summary Question: Impact of government and commercial sectors on equipment sales - Management noted that government shutdowns and macroeconomic factors have led to delays in purchasing decisions, particularly affecting the equipment sales [46][56] Question: Clarification on synergy savings and their impact on the bottom line - Management indicated that the increased synergy targets from the Lexmark acquisition are expected to benefit gross profit and operating margin, with about half of the $50 million expected to flow in 2026 [57][59] Question: Tariff impacts and future price increases - The company expects about $35 million in tariff impacts for 2025 and continues to implement price increases to offset these costs, although they are being measured due to current demand softness [62][64] Question: Competitive dynamics and market share stability - Management confirmed that they are holding market share and do not see any unique competitive disadvantages, attributing the slowdown to broader industry-wide conditions [73]

Earnings Presentation Q3 2025 Results October 30, 2025 Forward-Looking Statements This presentation and other written or oral statements made from time to time by management contain "forward looking statements" as defined in the Private Securities Litigation Reform Act of 1995 and involve certain risks and uncertainties. The words "anticipate", "believe", "estimate", "expect", "intend", "will", "would", "could", "can", "should", "targeting", "projecting", "driving", "future", "plan", "predict", "may" and si ...