Change Management

I am happy to co-author this article with Beatrice WEDER DI MAURO, President of the CEPR - Centre for Economic Policy Research, reflecting on the urgent need to engage in collective thinking and action to adapt our response to the challenge of insurability in the face of escalating climate risks. This article, which captures key convictions from our joint workshop hosted at Collège de France by the AXA Research Fund and CEPR - Centre for Economic Policy Research, couldn't have been more timely.   Devastating floods in Valencia, the wildfires in Los Angeles, the typhoons in Mayotte and La Réunion... These recent climate catastrophes show a clear reality: climate risks are intensifying and the protection gap for local communities and economies are becoming evident. Global economic losses from extreme weather events reached $320 billion in 2024, while in Europe, only 25% of economic losses were insured - leaving individuals, businesses, and communities vulnerable.    To address this, we need to enhance risk-sharing mechanisms and promote partnerships between public institutions and private companies.   Ensuring insurance accessibility and effectiveness is crucial. This can be done through: ➡️ Hybrid models, combining market mechanisms with public-private partnerships, to help ensure broad coverage and affordability. France’s CatNat regime and Switzerland’s hybrid model offer valuable insights. These models can be adapted to regions facing extreme exposure, such as sea level risks. ➡️ Greater investment in prevention and risk-sharing mechanisms. Initiatives like local municipal risk assessments can help small municipalities assess and mitigate local climate risks. ➡️ Impact underwriting, where insurers incentivize policyholders to adopt risk-reducing measures in exchange for lower premiums. ➡️ Public education on climate risks and stronger coordination between insurers, governments, and consumers to ensure preventive measures are taken seriously.   As we move forward, it's clear that policymakers, insurers, and society must work together to strike a sustainable balance between affordability and fiscal viability. This is not just about who pays the bill. It is about how we manage risk in an increasingly uncertain climate landscape. Let's continue to foster collaboration and innovation to close the protection gap and build a resilient future. 👇 https://lnkd.in/er6BkrtZ

What happens when a legacy CPG giant like PepsiCo acquires a fast-growing disruptor like Poppi? It’s a blueprint for the future of FMCG. PepsiCo has spent years evolving its portfolio, shifting toward healthier, functional, and better-for-you options. From acquiring Siete Family Foods to Sabra Dipping Company, and now Poppi, they’re doubling down on what today’s consumers want: ✅ Functional Ingredients: Poppi taps into the gut health boom, projected to reach $72B+ globally by 2032 (Source: Market Research Future® (MRFR)). Consumers aren’t just looking for hydration—they want drinks that boost immunity, digestion, and energy. ✅ Premiumization of Soda: Traditional soda sales have declined by 12% in the last decade, while functional and prebiotic sodas are growing 35% YoY (Source: Beverage Digest). Brands like Poppi prove that consumers will pay a premium for added health benefits. ✅ The Power of Challenger Brands: Nearly 60% of Gen Z & Millennials say they trust emerging brands more than Big CPG (Source: McKinsey & Company). PepsiCo knows the future belongs to brands that feel authentic, mission-driven, and community-led. So, The “Big Food vs. Challenger Brand” battle is over-it’s now about collaboration. Legacy brands need disruptors to stay relevant. Health & wellness aren’t trends-they’re becoming industry standards. If a brand isn’t innovating in functional benefits, it’s already falling behind. The next wave of acquisitions? Expect strategic buys in functional beverages, gut health, and personalized nutrition. This is just the beginning. Are Big CPGs moving fast enough to keep up with evolving consumer demands? #FMCG #PepsiCo #Poppi #GutHealth #ConsumerTrends #MergersAndAcquisitions #FoodAndBeverage

Uncertainty and change at work is hard. That feeling of ‘not knowing’ can really stress people out and the energy and brainspace needed to maintain commitment and productivity can feel scarce. But it doesn’t have to feel so gloomy. If we can lean into that uncertainty and find connection with peers, ones team and isolate that ‘why’ for why we work where we work, or do what we do, it makes a huge difference. Plus, doing so is what separates high performing leaders and organizations from the rest. I’ve been focused on this lately and here are my observations: 📌 Start with understanding what people want. For many it’s an environment where people are heard, understood, and valued. A place where they can learn, grow and make a meaningful contribution and impact. Ask them, and listen. 📌 Now reflect on your style and your ability to adapt your style to changing situations. You must be adaptable. Versatility and your ability to tailor your role to immediate needs is really important. 📌 Adjust your perspective. Put yourself in your team’s shoes and look at problems from different points of view. Be open and prepared to adjust your approach in order to make points of connection. 📌 Focus on your team values, they’re core to the foundation of trust you’ve built with your team. They’re the glue that binds. 📌 Act with compassion and check in with your team. Uncertainty and disruption means your team is dealing with a lot that they’re not unaccustomed to. New obstacles and challenges must be taken into account. 📌 Create paths for communication the way your team likes to engage, meet them where they are at. Create simple pathways to ask questions and encourage feedback that will allow you all to navigate change positively. 📌 Lead with resilience which demands a growth mindset and positive thinking on your part. Things are moving fast, it’s important that you are self aware with your thoughts and emotions as you encounter stress so you can best show up for your team. No matter what uncertainty and disruption brings let’s always remember that teams are made of people with strengths, weaknesses, fears, goals and dreams. Treat your people as you’d like to be treated and you’ll find yourselves coming together and navigating the world of work together. I took this picture at LinkedIn NYC Headquarters a few weeks ago inspired by the many ways they bring their culture to life throughout their offices. A favorite quote comes to mind ⤵️ “People will forget what you said, people will forget what you did, but people will never forget how you made them feel” ~ Maya Angelou How do you deal with the unknown or too much change? Please share in comments so we can all learn together. #Career #leadership #FutureOfWork #mindset

Adapting to a New Job: Stepping Out of Your Comfort Zone Starting a new job in a new organization is always an exciting yet challenging experience. It’s not just about learning the processes, policies, and culture—it’s about embracing the unfamiliar and finding ways to contribute meaningfully from day one. Here are a few lessons I’ve learned as I adapt to my new role: 1️⃣ Be Comfortable with the Uncomfortable: Every new job comes with tasks and responsibilities you may not have tackled before. Instead of shying away, lean into these opportunities—they often become the biggest drivers of growth. 2️⃣ Learn the Culture, Fast: Each organization has its own rhythm and unwritten rules. Listening, observing, and understanding how decisions are made is key to integrating effectively. 3️⃣ Build Relationships Early: It’s not just about getting to know your immediate team but also understanding how the broader organization operates. Taking the time to connect with people across functions can make a huge difference. 4️⃣ Stay Curious: Ask questions, seek feedback, and be open to learning. A fresh perspective is your strength in a new role, but it’s equally important to understand why things are done a certain way before suggesting changes. 5️⃣ Step Out of Your Comfort Zone: Growth happens when you challenge yourself. Taking on tasks you’ve never done before might feel intimidating, but they are often the experiences that teach you the most. Remember, every new role is a journey of discovery. It’s not about knowing everything on day one—it’s about the willingness to learn, adapt, and make an impact. If you’re stepping into a new role, what strategies have helped you adapt? Comment Let’s share and learn from each other! #NewJob #Adaptation #Learning #GrowthMindset #SteppingOutOfComfortZone #Storiesatworkplace

"Adaptability is about the powerful difference between adapting to cope and adapting to win." 🌟 Transitioning to a New Department or role ? You’re Not Alone! 🌟 Whether you've switched departments or taken a leap into a new career, adjusting to new roles can be daunting.😐 Recently, during a workshop, an employee who spent over 10 years in HR shared his experience after moving into production. He described the challenges of being a "newcomer" in a team where even his juniors were more knowledgeable. Expectations were high, and the pressure to learn fast and perform well began to feel overwhelming. If you’re in this situation,  I have you covered . Here are some ways I suggested to him to navigate this situation- ✨ Embrace Learning: Acknowledge that being new means you’ll have a learning curve. Seek knowledge from peers, juniors, or mentors and remember—each question you ask takes you a step closer to mastery. ✨ Lean on Past Experience: While the field may be different, the skills you've gained—like communication, problem-solving, and resilience—can give you an edge. Look for ways to integrate these into your new role. ✨ Set Small, Achievable Goals: Focus on small wins to build confidence. Each achievement, no matter how minor, will make the bigger transition feel more manageable. ✨ Seek Feedback Regularly:Proactively check in with your manager or team for guidance on progress and improvement.Openly discuss challenges to build support and show your commitment to growth. Managers can make a huge difference too: ✨ Provide Patience & Understanding: Recognize that a seasoned employee in a new role is not inexperienced overall—they’re adapting. Offering time, encouragement, and support can make a world of difference. ✨ Assign a Mentor or Buddy: Pairing a new joiner with a more experienced team member accelerates learning, creating a safe space for questions and confidence-building. ✨ Celebrate Progress: Acknowledge even small accomplishments along the way. It’s a morale boost and shows that the employee’s efforts are valued. Change is never easy, but with the right support and mindset, you’ll find yourself thriving in your new role before long. Let’s create workplaces where every transition feels welcomed and supported. To sum it up, don't adapt yourself to the new role just to cope, but embrace it to win💫✨ #CareerTransition #NewDepartment #EmployeeWellbeing #ManagerialSupport #CareerDevelopment

Even formal job offers aren’t guarantees anymore. 600+ experienced professionals recently had their onboarding stalled, after accepting confirmed job offers from TCS (today’s ET). Many had already resigned. Some had relocated. Almost all had made personal and financial decisions assuming stability. But this is the new hiring reality. Today’s job market isn’t just unpredictable, it’s volatile, disruptive, and constantly evolving. So how do we navigate it? From my experience coaching professionals through career transitions, here are 3 key lessons that apply now more than ever: 1. Don’t just go by the offer letter; do your due diligence. Before accepting any offer, especially in today’s environment, speak with current employees. Ask: – Are projects stable? – Are there recent onboarding delays? – Is the team expanding or restructuring? Brand names and CTCs are important, but so is clarity on ground reality. 2. Have a contingency mindset, even before you need one. It’s never easy when things don’t go as planned but those who plan for uncertainty recover faster. Maintain a 2–3 month financial buffer. Keep expanding your network even after accepting an offer because as they say- ‘Your network is your net worth’. Think of career moves as chapters, not destinations. 3. Build adaptability like a muscle. The professionals who thrive today aren’t just highly skilled, they’re highly adaptable. Be open to short-term freelance work, upskilling, even temporary pivots. What looks like a detour might open new doors you hadn’t considered. If you’re among those impacted - pause, but don’t panic. This isn’t the end of your journey - just a tough twist in the plot. Use this time to reflect, realign, and rise again - stronger, sharper, and more prepared. #careertransition #adaptability

𝗖𝗼𝗰𝗮-𝗖𝗼𝗹𝗮 𝗖𝗼𝗻𝘁𝗿𝗼𝗹𝘀 𝟮𝟮% 𝗼𝗳 𝗜𝗻𝗱𝗶𝗮'𝘀 𝗝𝘂𝗶𝗰𝗲 𝗠𝗮𝗿𝗸𝗲𝘁. 𝗣𝗲𝗽𝘀𝗶𝗖𝗼 𝗛𝗮𝘀 𝗧𝘄𝗼 𝗕𝗿𝗮𝗻𝗱𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗧𝗼𝗽 𝟱. 𝗕𝘂𝘁 𝟮𝟴% 𝗼𝗳 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗜𝘀 𝗦𝘁𝗶𝗹𝗹 𝗨𝗽 𝗳𝗼𝗿 𝗚𝗿𝗮𝗯𝘀. Five brands – Maaza, Slice, Real, Frooti, and Tropicana – control 72% of India's packaged juice market. But that 28% belonging to "Others"? That's nearly ₹8,400 crore where no single player has claimed ownership. 𝗧𝗵𝗲 𝗖𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗦𝗵𝗶𝗳𝘁 𝗖𝗿𝗲𝗮𝘁𝗶𝗻𝗴 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 Indian consumers are reading labels now. They want no added sugar, real fruit content instead of 10% concentrate, cold-pressed over heat-treated, and functional benefits like immunity and gut health. Maaza and Slice can't pivot fast – they're built for volume, not premiumization. Their supply chains are optimized for 6-month shelf life, not fresh juice with 2-day expiry. That gap is where D2C juice brands are winning. 𝗛𝗼𝘄 𝗗𝟮𝗖 𝗕𝗿𝗮𝗻𝗱𝘀 𝗔𝗿𝗲 𝗣𝗹𝗮𝘆𝗶𝗻𝗴 𝗜𝘁 𝗗𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁𝗹𝘆 Big brands own retail shelf space through decades of relationships. D2C brands skip supermarkets entirely – subscriptions, quick commerce, direct sales. No middleman markups. They target health-conscious urban Indians willing to pay ₹150 for 250ml cold-pressed juice vs ₹30 for Maaza. They're selling wellness lifestyles through Instagram content, nutritionist collaborations, and personalized cleanses. Zepto and Blinkit changed everything – fresh juice with 2-day shelf life delivered in 10 minutes means freshness becomes your competitive advantage. 𝗧𝗵𝗲 𝗡𝘂𝗺𝗯𝗲𝗿𝘀 𝗕𝗮𝗰𝗸 𝗧𝗵𝗶𝘀 𝗨𝗽 India's health beverage market is growing at 20% CAGR. Premium juice segment? 30%+. By 2028, functional beverages could hit ₹15,000 crore. RAW Pressery crossed ₹100 crore revenue. Paper Boat built ₹200+ crore without needing 22% market share to be profitable. 𝗪𝗵𝗮𝘁 𝗧𝗵𝗶𝘀 𝗠𝗲𝗮𝗻𝘀 𝗳𝗼𝗿 𝗗𝟮𝗖 𝗙𝗼𝘂𝗻𝗱𝗲𝗿𝘀 You don't need to beat Coca-Cola. Own a specific consumer segment they can't serve profitably. Start hyper-local in Mumbai's Bandra, Delhi's GK, or Bangalore's Koramangala. Own 10,000 customers paying ₹3,000/month before going national. Build community through recipe videos and customer transformations. Word-of-mouth beats paid ads in premium beverages. Make freshness your moat – short shelf life isn't a bug, it's a feature legacy brands can't replicate. This market isn't about competing with giants. It's about serving the consumer they're too big to care about. That 28% "Others" category is a ₹8,400 crore opportunity for brands that understand modern Indians want health, not just hydration. #D2C #juiceindustry #startups #healthbeverages #india #fmcg

Struggles when adjusting are real. Adjustments can be totally overwhelming. Whether you’re starting a new job at a new company Or embarking a journey in a different industry. Here are seven strategies you can use: (These also helped me a lot when I migrated to Canada for the first time) → Embrace the Learning Curve: Understand that it's okay to not have all the answers immediately. Give yourself time to adapt and learn. → Build a Support System: Connect with colleagues or fellow expats who can provide guidance and camaraderie during this adjustment phase. → Stay Open-Minded: Be receptive to new experiences and different perspectives. Embracing change can lead to personal growth. → Maintain Routine: Establishing a daily routine can provide stability and a sense of normalcy amidst change. → Seek Cultural Insights: If you're in a new country, take the time to learn about its culture, customs, and language. It can help bridge gaps and foster connections. → Set Realistic Expectations: Understand that adjustment takes time, and there may be setbacks along the way. Be patient with yourself. → Prioritize Self-Care: As you navigate change, don't forget to take care of your physical and emotional well-being. Self-care is essential for resilience. Remember, it's natural to face challenges when adjusting to something new. Each obstacle is an opportunity for growth, and with time and effort, you'll find your stride. PS: Have you faced a significant adjustment recently? Share your experience in the comments; your story might inspire others going through a similar journey. #adjustment #newbeginnings #selfcare #personalgrowth #culturaltransition #resilience

PepsiCo pushes prebiotic cola into the mainstream PepsiCo is making one of its biggest cola moves in more than two decades with the launch of Pepsi Prebiotic Cola — a limited Black Friday online-first drop. The release blends the iconic “Unbelievably Pepsi” taste with functional attributes: three grams of prebiotic fiber, five grams of sugar and no artificial sweeteners. It’s a direct step into the fast-growing wellness-oriented soda segment while keeping the core Pepsi profile intact. The drop features Original Cola and Cherry Vanilla, available in 8-packs on Amazon, Walmart.com, TikTok, Kroger.com, Dash Mart and Gopuff. A shoppable TV spot during Amazon Prime Video’s Black Friday National Football League (NFL) game converts attention into instant purchase — a clear signal of how CPG launches are shifting toward real-time, commerce-enabled media. Digital content across TikTok and retail channels reinforces the blend of nostalgia and functionality. The activation reflects a broader industry pattern seen recently at The Coca-Cola Company and Keurig Dr Pepper Inc.: use scarcity, online-first drops and fast data loops to test new territories. PepsiCo’s acquisition of poppi provides the functional platform behind this move, aligning the brand with a prebiotic category growing at strong double-digit rates in the US. Why it matters • Shows how a legacy cola can enter wellness territory without losing its identity. • Demonstrates how shoppable media compresses the path from interest to purchase. • Marks functional beverages as a mainstream growth engine, not a niche trend. • Highlights how digital-first scarcity models help legacy brands modernize with lower risk. • Signals that the cola category is evolving toward a balance of taste, health cues and immediacy. Industry context Functional sodas continue their rapid expansion as consumers shift toward reduced sugar and gut-health benefits. Legacy brands increasingly blend familiar taste with functional upgrades to satisfy both loyal drinkers and younger, health-oriented shoppers. Background: PepsiCo, headquartered in the US, is one of the world’s largest FMCG companies with a global beverages and snacks portfolio. Its strategy combines internal R&D with targeted acquisitions to accelerate participation in high-growth segments and rejuvenate flagship brands. #retail #fmcg #beverages #functionalbeverages #prebiotics #foodtech #retaitech #brandstrategy #productlaunch #ecommerce #digitalcommerce #omnichannel #shoppablemedia #marketing #sales #grocery #d2c #innovation #consumertrends #cpggrowth #beveragetrends #sodamarket #wellnessmarket #guthealth #poppi #pepsico #cocacola #usa #northamerica

𝗜𝘀 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 𝗶𝗻𝘀𝘂𝗿𝗮𝗯𝗹𝗲? Climate change is reshaping the assumptions #insurance has relied on for centuries and with that comes both challenges and opportunities. This article explores how rising climate risks are influencing insurance markets built on historical risk models. Key points: ▪️    Climate risks are growing faster and more interconnected, challenging traditional assumptions ▪️   Coverage, premiums, and limits are adapting to these changes ▪️   Innovations like parametric insurance and risk-transfer tools are offering possibilities 𝗕𝗿𝗼𝗮𝗱𝗲𝗻𝗶𝗻𝗴 𝘁𝗵𝗲 𝗽𝗲𝗿𝘀𝗽𝗲𝗰𝘁𝗶𝘃𝗲 While the article focuses on property & casualty insurance, these trends extend across all lines. Life and health insurers are also adapting: 🔹 Climate change is influencing mortality, morbidity, and long-term health risks, shaping underwriting, pricing, and reserves. 🔹Actuarial models are evolving to better incorporate climate-driven trends and support innovative insurance solutions. 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝘁𝗵𝗲 𝘀𝗲𝗰𝘁𝗼𝗿 ❇️ Integrating climate insights into all insurance products creates more resilient coverage ❇️ New risk-transfer mechanisms and parametric solutions make insurance more accessible and responsive ❇️ Collaboration with brokers, regulators, and public institutions ensures insurance remains reliable and relevant Insurance is ultimately about protection and recovery. For individuals, businesses, and governments, the evolving landscape highlights the need to plan ahead, invest in #resilience, and make informed decisions, helping people and assets recover faster from unexpected losses and keeping communities prepared and resilient. 🔗 https://lnkd.in/dCJ28Yjq #sustainability #climateaction #adaptation