No it’s a different co altogether.

The company has announced that it will consider the proposal for buyback of shares along with the Quarterly results , in the board meeting on 03 August . This will be the Third buy back undertaken by the company ( but the first one after spilt of shares has taken place).

Deep Work

PART 1: Why Deep Work?

• Deep work – Tasks that create new value and hard to replicate, push cognitive capabilities to their limit, performed free from distractions.
• Shallow Work – Tasks that do not create much new value, easy to replicate, often performed while distracted.
• “The ability to perform deep work is becoming increasingly rare at exactly the same time it is becoming increasingly valuable in our economy. As a consequence, the few who cultivate this skill, and then make it the core of their working life, will thrive”
• The new law of productivity is: High-Quality Work Produced = (Time Spent) x (Intensity of Focus)
• Deep work is
  • valuable
  • rare
  • meaningful

PART 2: How to implement Deep Work?

• Four rules for deep work:
  1. Work Deeply
     • “Professional activities performed in a state of distraction-free concentration that push your cognitive capabilities to their limit“
     • Fight desires like eating, sleeping, sex, TV, Internet while trying to do deep work.
     • Monastic Philosophy: Eliminate all shallow obligations and maximize productivity. Impractical for most people.
     • Bimodal Philosophy: A more balanced approach. Divide time between deep and shallow work. Clearly define timelines and work to be done during the deep work phase.
     • Minimum unit of time for deep work should be at least one day.
     • Rhythmic Philosophy: To start deep work sessions consistently, have a simple ritual to transform it to a regular habit. Having a rhythm will minimise the friction and reduce the energy need to go deep.
     • Embrace rituals
       • “Rituals provide the structure that supports deep work”
       • Questions to answer when scheduling deep work:
         • When you will work and for how long?
         • How you will work after starting – Eliminate certain distractions.
         • How you will support your work – Something like have a good cup of coffee, take a short walk between sessions, light exercise etc
     • Schedule deep work-“No one ‘has time’ for deep work. You make time for deep work”
       • Block out specific time slots for deep work and adhere to the schedule as if it were a professional commitment
     • Deep work doesn’t have to be done alone.
       • Collaboration also plays a part in deep work.
       • Interactions and clear division of work will restrict the shallowness of work.
     • Execute like a business
       • Focus on wildly important goals.
       • Act on lead measures (direct measures like number of hours) instead of lag measures (measures for outcomes or results)
       • Keep a scorecard
       • Be accountable
     • Be lazy
       • Downtime from work is important to gain new ideas and recharge your mind.
       • We can usually focus only 3-4 hours per day to do best deep work.
       • Create a shutdown routine when you are finished. It can be as simple as saying “Shutdown Complete”
  2. Embrace boredom
     • “The ability to resist distractions and focus deeply is crucial in achieving deep work”
     • “Once your brain has become accustomed to on-demand distraction it is hard to shake the addiction”
     • Schedule blocks of time when internet is allowed.
     • Commit to a hard deadline
     • Meditate productively: train mind to focus on a particular problem when you are occupied physically but not mentally
  3. Quit social media
     • Don’t use any-benefit approach to stick to social media
       • Instead use craftsman approach. Identify what value does it add to your life. Weigh both positives and negatives.
     • Power law (Pareto Principle)
       • 20% of activities generate 80% of the results.
       • Identify those 20% activities. Is social media one of them?
     • Don’t use it to entertain yourself
       • If social media were to close suddenly, how would you entertain yourself?
       • If you have other avenues for entertainment, social media would most likely have more negatives than positives.
  4. Drain the shallows
     1. Schedule everything
     2. Adopt fixed-schedule workday – especially for shallow tasks
     3. Become hard to reach:
        1. Make people do more work to reach you.
        2. Do more work when replying to people.
        3. Don’t respond to everything.

Don’t really understand! Why will the promoters keep buying then? Shouldn’t they actually do the opposite of this, if at all?