In a world of growing geopolitical tension, leaders need to not just focus on the bottom line, they need to think about how their business decisions can make the world safer, more habitable, and prosperous. You can’t get this from sitting in the boardroom – you need to get a perspective because sometimes we forget we are all living on the same planet.
As business leaders, taking the time to journey to outer space in your imagination, to think beyond your specific company, country, and continent, can provide that perspective. I encourage all leaders to look at their companies from 400km above the earth.
During 2022, the overall global space economy generated revenue of $384 billion, made up largely of ground equipment, satellite services, and the non-satellite industry, which includes government space budgets and commercial human spaceflight. What makes this century exciting is that earth observation data can be combined with advances in machine learning and analytics to build sophisticated models to derive actionable intelligence for diverse use cases.
I was raised amongst the pioneers of the Indian space program, which happens to be one of the oldest space programs in the world. India’s first experimental rocket launch happened in 1963. I was born a year before the last Apollo landing, which happened in December 1972. I began my professional space journey in 1998; since then, I have consulted to space agencies, universities, industry associations, investment firms, institutions, and companies all over the world.
Throughout my career, I have had to navigate cultural diversity in negotiations, manage complex international collaborations, and foster entrepreneurial mindsets. This extensive experience across continents and disciplines has given me a vantage point that I believe business leaders need now more than ever if we want to overcome the global challenges we face, from geopolitical tensions to the climate crisis.