Stephen Kelly, Steve Garnett and Sukhendu Pal

The Insight series is taking a break this week. Instead, we are
bringing you a very special live event that we hosted with
Funding London. The event featured three incredibly successful
British business leaders. All three worked in multiple iconic
start-ups and built companies generating tens of billions of
dollars revenue. They created and led Unicorns before that term
was invented. They started their career in Oracle when it was a
start-up with a few dozen people.


After over a decade with Oracle, Steve Garnett went on to
co-create two other amazing companies, Siebel System and
Salesforce, with the founders Tom Siebel and Marc Benioff.


After leaving Oracle, Stephen Kelly led 3 successful turnarounds
to growth as a ‘hands-on’ CEO – most recently at Sage. He is
the only business leader in the UK, who ran two FTSE 100
companies. He was appointed Prime Minister’s Business Ambassador
2015-19 and is Chairperson of TechNation.


After a decade with Oracle, Sukhendu Pal went on to work for the
biggest bank in the world, where he created an organisation which
became a multi-billion dollar business serving the emerging
markets spanning 72 countries. He then led another successful
start-up and founded another.


The three are Funding London’s lead mentors and in this event
they discuss how the coronavirus outbreak has forced
entrepreneurs to think on their feet, rapidly pivoting business
models as they adapt to the “new normal” and use technology to
transform relationships with customers and staff.


Here's what we discussed during the interview:





Steve Garnett introduction (1:30)

Stephen Kelly introduction (2:15)

Sukhendu Pal introduction (3:26)

How should we reshape and rebuild great companies for the
“new normal”? (4:47)

What will be the required model of leadership for the “new
normal”? (7:11)

How do you innovate in the depths of a recession? (9:13)

How can we rebuild public confidence in capitalism and its
ability to function in a way that generates inclusive and
sustainable prosperity? (14:47)

What is the biggest challenge companies face for business
recovery at this most challenging of times? (19:14)

Can purpose and profit coexist? (23:06)

What will leaders do to keep their teams engaged, morale
high, culture intact and maintain high performance in the “new
normal”? (25:26)

In your experience, how much more successful are
purpose-driven companies? (28:13)






Questions from the public





What will this pandemic be remembered for? (35:28)

Why should people keep companies around in the next “new
normal” whose sole purpose is the enrichment of a select few?
(41:59)

COVID-19 will have a massive impact on inequality – how do
you suggest we eliminate inequality? (50:33)






Be sure to subscribe to the Business Leader YouTube channel for
more interviews with some of the UK’s leading business figures.


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