thoughts

Friday, October 17, 2014

Top 5 attributes of a leader

Neville Wadia Managing Director  of Altitude Synergy addressed a group of students recently. He began his speech by saying "Stay hungry and stay very very foolish."

The top 5 attributes listed by him are summarized below by me:

  • Listen: Stop talking and start listening. Astute leaders know there is far more to be gained by surrendering the floor than by dominating it. In this internet age everybody is rushing to communicate ; fail to realize the value of everything that can be gleamed from the minds of others.
  • Communicate: Being able to clearly and succinctly describe what you want done is extremely important . Relate your vision to your team.
  • Humility: Great people are humble people . They don't seek success but share credit for success and accept blame for mistakes. They are shy but fealess when it omes to decision making. Arrogance is destruction.
  • Appreciation: It generates  marvelous giddy feeling of self worth and self esteem; it encourages more collaborative relationship .Creates human connection , it is special and intimate.
  • Passion: Love and  believe in what you are doing. Having the courage to follow your heart and intuitions show confidence. It is an addiction to the receiver. Do not make choices based on the norm in society . Do something that makes your happy.

Tuesday, October 7, 2014

Tom Peters …..Leading the 21st Century



I read this interview with Tom Peters and have made an attempt to highlight a few vital points that is to be considered by leaders of this century. I have also given links in some places for a better understanding. Read on.......


The discussion with Tom Peter started off with the following query by the interviewers from Mckinsey:
“what would you say is missing from today’s discussion about management?”
Tom Peters replied: 
I don’t know.” My real bottom-line hypothesis is that nobody has a sweet clue what they’re doing.”
Quoting Peter Druker on the trait of effective leader, that they do one thing at a time, Tom Peter claimed that he is a fanatic on the topic of time management. With technology he claims that he sees managers with attention deficit disorder, constantly barraged with information and chasing the next shiny thing. Stressing that big company CEOs do not read enough he recalled two messages from Dov Frohmans’ book “Leadership the Hard Way’: 
·         50 percent of your time should be unscheduled; and
·         the secret of success is daydreaming.

He pointed out that big companies never outperform the market over the long haul; he mentioned Albert Allen Bartlett words, “the greatest shortcoming of the human race is our inability to understand the exponential function.” 
Commenting on the short executive tenures Tom Peter remarked: “The question is how you survive? One way to deal with the insane pace of change is by living to get smarter and to learn new things. Another way is by going up the value-added chain beyond the kinds of tasks and roles that can be automated.” 
He continues, ““Design mindfulness” has got to be in everything you do—down to the littlest thing. Even the language you use in your e-mails. There’s a character to communications. There’s a character to business. It’s how you live in the world.
Expressing his distaste on the organization charts lines and boxes, he remarks that such organization has not thought of organization culture yet, which is the key. He substantiated this thought on charts and boxes as follows:
LouGerstner has this wonderful passage in his book that says something to the effect of, “When I came to IBM I was a guy who believed in strategy and analysis. What I learned was that corporate culture is not part of the game: It is the game.”  
Tom Peters continued: “You know, I was a San Francisco 49ers fan, and their great coach Bill Walsh said the same thing. In 1979, he inherited a team that had won 2 games and lost 14 the previous season. His entire first year was teaching football players how to wear coats and ties on buses. And he said, “The key is to become a professional organization.” On the one hand, coats and ties may be a formality, but Walsh said, “You’ve got to do the corporate culture first.” Two years later, he won the Super Bowl.” 
Tom Peter wondered why work cannot be made a joyful experience or an energetic or vivid experience. He stressed that the role of a leader is to develop people and make the work energetic and exciting with growth opportunity. As you grow old it is how many people you develop that are very important not fame or wealth he points out.
To the query why is it difficult to get the culture point across, Tom Peter quotes Rich Karlgaard, who states that companies end up as vicious rather than virtuous circle. He was concerned by the truth that companies are “less engaged with the people side, culture side, the values side of things.”
On change he remarks, “There’s nothing stupider than saying change is about overcoming resistance.”
He says, “You don’t bring about change in real big meetings or virtual meetings. You bring it about one person at a time, face to face…….It is a subversive act, and being co-conspirators is a subversive act requires trust and intimacy.” His belief is “we’re still safe believing in the importance of face to face contact……I don’t thing I can do it all screen to screen.”
He emphasized on the aspect of women in management and said: “put more women in management, they know how to do a work around. Men do not know how to do work-around, because the only thing they understand is hierarchy.”
His concluding words in the interview are:
There is no difference between leading now and leading then. What I certainly believe is that anybody who is leading a sizable institution who doesn’t do what I did and take a year off and read or what have you, and who doesn’t embrace the new technology with youthful joy and glee, is out of business.”

Source: This interview was conducted by Suzanne Heywood, a director in McKinsey’s London office; Aaron De Smet, a principal in the Houston office; and Allen Webb, the editor in chief of McKinsey Quarterly, who is based in the Seattle office.
Copyright © 2014 McKinsey & Company. All rights reserved.
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